Outdoor advertising companies pay property owners monthly rent for billboard sites — owned by individuals, businesses, municipalities and institutions alike. Landmark purchases those leases for a lump sum; you grant only an easement and keep your land.
Some owners want capital for a specific goal — real estate, retirement, a business, education. Others simply prefer a certain lump sum today over decades of monthly checks tied to one site and one tenant. Whatever the reason, Landmark provides an immediate cash payment, you keep ownership of your land in most transactions, and future changes at the site after closing are our concern, not yours.
By structuring the transaction as a real property sale, many lease sales are eligible for tax-deferred 1031 treatment.
Call 866-526-3675 or contact us for a no-obligation valuation. We typically close in 30 to 45 days.