Property Leases

Union Pacific's Real Estate team oversees land asset management, facilitating appropriate returns by preparing, negotiating and executing lease agreements. 

With Union Pacific’s approval, eligible parties may lease railroad property for an annual fee based on fair market value or local market rental rates. Rental requirements include a minimum annual fee of $10,000. 

Union Pacific generally does not lease any property within 25 feet of a main line track or 250 feet of an active railroad crossing. To apply for a land lease, submit a lease application form and a drawing specifying location and dimensions. See the sample print for reference.

Once completed, submit your land lease application to the appropriate manager listed below.

Map of Real Estate contacts

Real Estate Contacts

Property Management & Leasing: East

Kansas, Oklahoma, Central/West Texas (excluding El Paso)

Arkansas, Nebraska, Tennessee

Iowa, Minnesota, Oklahoma, Wisconsin, Southern Illinois

Nebraska, South Dakota

General Property Management Inquiries

Property Management & Leasing: West

Los Angeles to Bay Area – Coast California

Southern California, Arizona, Northern Illinois

Central Valley & Nevada

Northern California, Oregon, Washington

Southeast Idaho, Montana, New Mexico, Utah, El Paso Texas

Colorado, Wyoming, Arkansas