Property Description
This offering presents the opportunity to acquire a high-visibility double-sided digital billboard asset strategically positioned along the heavily traveled US-1 corridor in Fort Pierce. The property is secured by a long-term lease with Clear Channel Outdoor, one of the nation’s leading outdoor advertising companies, providing investors with stable and predictable income backed by an established national operator.
The current lease term extends through May 2032, offering approximately six years of remaining term with built-in 3% annual rental increases that provide consistent income growth throughout the holding period. As a double-sided digital billboard, the asset benefits from premium advertising exposure and the ability to display multiple advertisers in rotation, enhancing the long-term value and demand for the location.
