Cell Site Lease Extension

by Brad
(Missouri)

What is going rate for an extension and other add ons?

Comments for Cell Site Lease Extension

Average Rating starstarstarstarstar

Click here to add your own comments

Jun 21, 2010
Rating
starstarstarstarstar
Brad, call me about your cell site lease.
by: Tower Genius

Brad I would need to talk to you directly. Give us a call to go over all the terms and I would need to see their offer and how they are writing the terms. Its very tricky and things are not always what they seem. Call me to discuss... our initial contact will not cost you a penny.

I need to understand every aspect of the deal to give you the proper advice. I don't bite... well I have not bitten anyone since the third grade so I promise to behave myself. The call could save you thousands of dollars each year.

888-313-9750

Jun 20, 2010
Rating
starstarstarstarstar
Percentages of Additional Carriers
by: Brad

My lease has language that requires my blessing to add more carriers. Is it better to ask for a lump sum per month or a percentage of what that carrier is paying to the company that controls the tower?

Jun 20, 2010
Rating
starstarstarstarstar
Extension Offer
by: Brad

They are offering cpi increase every year. Will pay an additional square foot price if/when more ground is needed. They want me to give up my existing right to grant my blessing for additional carriers. 3000 to give them first right of refusal if I were to sell the land or tower lease. 3000 to sign the extension.

Jun 18, 2010
Rating
starstarstarstar
Lease Extension - Need More Detail
by: Tower Genius

Brad,

Thanks for posting your question on the blog. There is no cookie-cutter answer for what the going rate is for cell tower lease extension and add ons.

In addition to the detail of their proposal, we'd need to know a few things, like:

Are you dealing with a tower company (like Crown, SBA, American Tower) or a carrier?

Is the carrier proposing to add additional equipment within their footprint, or are they bringing in an additional carrier and subleasing the ground space?

Do you know if the carrier has subletting rights or do you control the ground space (or rooftop space)? Or are you getting only a percentage of collocation revenue?

Is the lease expiring and who is the carrier or were you contacted by one of the "rent optimization" companies?

I'm sending you an email, let's talk today.

Click here to add your own comments

Join in and write your own page! It's easy to do. How? Simply click here to return to Cell Tower Leasing Discussion.

Find out from Tower Genius how we help landlords and property owners in the USA and Canada maximize cell site lease values and get the best possible terms for:

  • Cell tower lease agreements
  • Tower lease extensions
  • Cell site upgrades
  • Small cell proposals
  • Lease amendments
  • Tower lease buyouts offers
  • Rooftop lease buyout offers
  • Rooftop cell site audits
  • Lease Agreement defaults
  • Cell tower valuations
  • Rent reduction solicitations
  • Verizon Wireless 
  • AT&T
  • T-Mobile
  • Sprint
  • US Cellular
  • SBA Communications
  • Crown Castle
  • American Tower
  • Rogers
  • Telus
  • Bell Mobility

Cell-Tower-Leases.com
Contact Tower Genius

Please note that all fields followed by an asterisk must be filled in.

Please enter the word that you see below.