Cell tower on a PG&E tower

by George
(Fresno, CA. USA)

Good Morning,

I acquired a open lot which has a PG&E tower upon it. PG&E has an existing easement agreement with the prior owners to attach a AT&T cell unit, and therefore receives 100% of the annual lease payment of $42,000. Since I am the landowner, can I receive any of the payment from AT&T??

Comments for Cell tower on a PG&E tower

Average Rating starstarstarstar

Click here to add your own comments

Apr 25, 2015
Rating
starstarstarstar
Doubtful
by: Tower Genius

When you purchased the property, chances are that the cell site lease agreement assigned over to you and you need to love with whatever the terms of that agreement are. Most likely the property owner got something up front. The owner of the property who sold you the land must have really not thought things over to have given them 100% of the revenue. What were they thinking?

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 Lease Rates.

Find out from Tower Genius how we help landlords and property owners in the USA  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
  • Vertical Bridge

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.