NEGOTIATION OF AN EXISTING CELL TOWER LEASE

by John
(Michigan)

I currently have a cell tower with 3 carriers on the tower. I believe they are T Mobil, ATT, and Sprint. My lease is coming up and the company has offered us $200,000 dollars up front to sign a 20 year deal at the current rate. We are currently getting $2,000 per month. Please advise.

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Oct 24, 2011
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Help
by: Ron


John,

I live in Michigan and know the market intimately, as I have been on the ground in wireless here for 7 years.

Please contact me and I might be able to help you.


John Doe
586-555-5555

EDITOR'S NOTE:


Please get your own blog.

Tower Genius

Mar 30, 2010
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RE: NEGOTIATION OF AN EXISTING CELL TOWER LEASE
by: Sean Sullivan

The monthly rate is so low. You should be doing at least double that. And the buyout is an insult. This is why people need expert advice like this site provides.

These companies are always trying to rip people off...it makes me sick.

Sean Sullivan
Port Jervis, NY

Mar 30, 2010
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Cell Tower Lease - Cash up front or Long term Revenue ?
by: Steve

John,

Is your tower owned by a cell tower management company or is one of the carriers offering you the lump sum payment for the cellular lease?

I'd really need to take a look at the cell carrier lease agreement(s)you have and see what your rights are, find out if you control the ground space, etc.

If you take the cash up front for the lease you are giving up a LOT on the back-end. I will have one of my colleagues reach out via email today or tomorrow. Otherwise please fill out a Contact Form on this site. We won't charge you a dime to take a quick look at your lease to determine the best plan of action.

Best,
Steve
Tower Genius

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