Billboard easements & ground leases

We buy the billboard.
You keep the land.

If there's an outdoor advertising structure on your property, the lease income attached to it can be sold for a single lump sum — typically 10 to 13 times what it pays you in a year. The parcel, the buildings, and the business on it stay yours.

No cost to the landowner No obligation to sell We buy nationwide
Before you talk to anyone

What is a billboard lease actually worth?

Move the rent to what your board pays in a year. Nothing here is sent to us.

Lump-sum estimator Nothing is submitted
A board earning this much a year is typically worth
$120,000$156,000
paid once, at closing
Annual ground rent $12,000 / yr
$1,000$250,000

An illustration using the 10–13× range these leases commonly trade at — not an offer. A real number depends on the rent, the years left, the escalators, the operator, and the traffic.

What changes hands

You're not selling the property. You're selling the sign's right to be there.

A billboard easement covers the footprint the structure stands on, the access needed to service it, and a clear line of sight to the road. Everything outside that stays exactly as it is — you farm it, build on it, run your business on it, refinance it, or sell it later.

Aerial view of a farm: fields, barns and a house, with one billboard standing at the highway edge of the property.
The easement is the concrete base of that pole, the track out to it, and the open view to the road. Every acre in this photograph stays the owner's.

Stays yours

  • Title to the parcel
  • Buildings and any business income on the property
  • Every use of the land outside the sign's footprint
  • The right to sell or refinance later, with the easement recorded

Transfers to us

  • The ground lease and the rent that comes with it
  • Renewals, escalator disputes, and relocation requests
  • Every future conversation with the sign operator
  • The risk that the permit, the ordinance, or the operator changes
Start to closing

Four steps, and you can stop at any one of them.

STEP 1

Tell us what it pays

The road, the operator, and the annual rent. If you don't know the rent, the road and the county are usually enough for us to find the structure in the permit record.

Same day
STEP 2

We read the lease

A photo of the lease is the fastest path. We're looking at the years remaining, the escalators, who holds the renewal options, and the tenant.

2–5 days
STEP 3

A number in writing

One page: the price, the easement area, and the closing timeline. Take it to your attorney or your accountant. Counter it, or throw it away.

Within a week
STEP 4

Title, then funds

A title company handles the search, the easement recording, and the money. If there's a mortgage on the parcel, we work the lender consent.

2–4 weeks
The case for taking the lump sum

A rent check is an income stream. It is also an exposure.

Most owners who sell aren't unhappy with the sign. They're trading a long stream of small payments for one certain payment today.

Estates divide money, not leases

A lump sum splits cleanly among heirs. A 22-year lease with three signatures on it does not, and it tends to become someone's unpaid job.

The operator holds most of the cards

Outdoor companies consolidate, renegotiate at renewal, relocate structures to better traffic, and occasionally let permits lapse. Selling moves that risk off your balance sheet.

Ordinances tighten, they rarely loosen

Many standing boards are non-conforming and grandfathered. That status is valuable today and can be worth nothing after a rebuild, a road widening, or a code rewrite.

Ten-plus years of rent, now

Owners put it into the next property, retire debt, fund a buyout of a partner, or simply stop tracking a small check that arrives on an irregular schedule.

Why our number arrives fast

We already know the sign on your property.

We maintain our own national inventory of outdoor advertising structures, built from state department-of-transportation permit files and county parcel records, and joined to published traffic counts road segment by road segment.

That means we're not starting from zero when you call. We can usually see the structure, its permit status, its size, its operator, and the daily traffic in front of it before the first conversation ends — which is why an offer takes days instead of months.

~170,000
permitted sign structures catalogued
25
states mapped, from public records
$0
charged to a landowner, ever
Straight answers

The questions people actually ask us.

How did you find me? I never listed anything.

Public records. Every state publishes an outdoor advertising permit file for the signs along its highways, and county assessors publish parcel ownership. We put the two together. Nothing we used to reach you is private, and you can request the same files yourself.

How do I know this isn't a scam?

Fair question, and worth asking anyone who contacts you about your property. Three things should be true in a legitimate transaction, and they're true here: you never send money, nothing is binding until you and your attorney sign a recorded document, and funds move through a title company or escrow agent, not directly from us to you.

If anyone — us included — asks you for an upfront fee, an application charge, or a wire to an individual, stop and walk away.

What does this cost me?

Nothing. No fees, no commissions, no listing agreement. We make our money on the spread between what we pay and what the lease is worth to a long-term holder, which is why the price we quote is the price you receive.

Who is actually writing the check?

We acquire billboard easements and ground leases as a principal, and on larger transactions we close alongside institutional capital partners who buy these assets nationwide. Which balance sheet funds a given closing depends on its size. Either way you deal with us start to finish, and you pay nothing in either case.

I don't know what the board pays me. Can you still help?

Yes. Tell us the road and the county and we'll usually locate the structure in the permit data ourselves. The lease document, whenever you can find it, is what turns an estimate into a firm number.

There's a mortgage on the property. Does that stop this?

No, it's common. Most lenders require consent before an easement is recorded against collateral. We prepare the request and work it through with your lender as part of closing. It adds time, not obstacles.

What happens to my relationship with the billboard company?

It ends, which is usually the point. The lease continues on its existing terms and we step into your side of it. The operator keeps paying rent, just to us. Nothing about the sign changes for them, and they typically don't need to do anything at all.

Can I sell one board and keep another?

Yes. Each structure and each lease can be handled separately. Owners with several boards often sell the ones on leases they dislike and keep the rest.

Do I have to decide quickly?

No. Our written offers state how long the price holds, and if it expires while you're thinking, ask and we'll re-issue it. Anyone pressuring you to sign a real estate document the same week is telling you something about themselves.

Get an offer

Tell us what the board pays. We'll tell you what it's worth.

Two business days to a number in writing. It costs nothing, it obligates nothing, and if the answer is that you should keep collecting the rent, we'll say that too.

  • We never charge a landowner a fee
  • Your information isn't sold or shared with marketers
  • One follow-up, then we leave you alone unless you ask

No cost, no obligation, and nothing signed at this stage.