Offer to Buyout lease on premium cell site

by Gary S
(Pleasanton CA)

Property with cell Site Shown

Property with cell Site Shown

I would say we have what is considered a premium lease site - highest point of access for east bay 580 corridor between Dublin/Pleasanton and Castro Valley Hayward. We currently have leases with several Cell Service providers.

There is more detail however just trying to see if this is in the right range - current lease on property for AT&T alone is $5K per month - the other carriers total out at about $16,000 total - i don't beleive this impacts those leases.


Here is the offer we have in hand:
In return for the one-time, lump sum payment of $500,000, you will grant a perpetual easement on your
property and assign the lease rights and rental income under your lease with AT&T to Md7 or an affiliate of
Md7. It is important for you to know that the $500,000 pre-payment does not change the ownership or
control of the rest of your property in any manner. As is already the case, during the remainder of the lease
term, you will ensure that AT&T can continue to use the leased premises as a working cell site. As part of
this pre-payment offer, some enhancements will be made to your lease as part of the pre-payment agreement;
such changes will enable AT&T to pro-actively address any of the site's future technological and network
needs.

Comments for Offer to Buyout lease on premium cell site

Average Rating starstarstarstarstar

Click here to add your own comments

Jan 17, 2012
Rating
starstarstarstarstar
Pleasanton - Castro Valley area cell tower
by: Tower Genius

Gary thanks for the detailed post. Well I can tell you that the AT&T lease rate is not too shabby, but the cell tower lease buyout offer is on the light side. Offline I'd love to find out what Verizon Wireless is paying you since you are so close to a place dear to my heart, Castro Valley.

Please call to discuss specifics of the AT&T lease.

Tower Genius
888-313-9750

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 Buyout Forum.

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.

  

  • Cell tower lease agreements
  • Selling Cell Tower Lease
  • Tower lease extensions
  • Cell site upgrades
  • Small cell proposals
  • Lease amendments
  • Tower lease buyout offers
  • Rooftop lease buyout offers
  • Rooftop cell site audits
  • Lease Agreement defaults
  • Cell tower valuations
  • Rent reduction solicitations
  • Lease Optimization Help
  • Lease Revenue Purchase
  • Transactional Coaching
  • Verizon Wireless 
  • AT&T
  • T-Mobile
  • DISH Wireless
  • US Cellular
  • SiriusXM
  • Crown Castle
  • American Tower
  • Atlas Tower
  • Phoenix Tower PTI
  • Vertical Bridge
  • SBA Communications
  • Tillman Infrastructure
  • Lyle Company, Black Dot, Md7
  • Everest Infrastructure


Like this page? Show us some Social Love. Here's how.

Would you prefer to share this page with others by linking to it?

  1. Click on the HTML link code below.
  2. Copy and paste it, adding a note of your own, into your blog, a Web page, forums, a blog comment, your Facebook account, or anywhere that someone would find this page valuable.