Am I getting a fair value for my land in leasing to Verizon ?

by Bill
(Orange, Texas 77630)

I am in the final stages of signing with Verizon on a 25 year lease to put a tower on my property in Orange, Texas.

It is in a very good area I believe, close to a very nice size intermediate and High School and I beleive very desireable for Verizon.

I negotiated several changes and even a slight rental increase initally but I am not sure still that they are agreeing to pay what the tower is worth per month and long term. Although I do not want to seem greedy at the same time they are using my property and I really beleive they can and will pay more, how do I go about finding out prior to signing the final contracts.

So far we have agreed to this point at starting off at $625 a month for the first 5 year contract.

Sincerely,
Bill

Comments for Am I getting a fair value for my land in leasing to Verizon ?

Average Rating

Click here to add your own comments

May 15, 2015
Rating

Seriously Bill...
by: Stephen

I have no idea if you are getting a fair deal or not based on the information you provided. But... As a general rule of thumb however, $625 per month is pretty bad, in any location.

Besides the rent, there are a dozen other items in any standard Verizon lease that need to be adjusted, and don't expect them to tell you what they are.

May 15, 2015
Rating

cell tower lease
by: stanley

I have a lease with crown castle at&t. Didn't know any better when I signed the lease. They got it too cheap, You should get at least $3000.00 a month. Think of the money they are making with over at least 1,000,000 coustmers and their cell bill is at least $100.00 a month, do the math.

Editor's Note: Thanks for your comment Stanley, but if they require Verizon to pay $3000 per month to start out on a rural site in Texas, they will walk away in a heartbeat. This is how many landlords blow the deal. Three thousand dollars per month is what you will see on a rooftop in NYC or San Francisco.

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 Consultants Blog.

Cell-Tower-Leases.com
Contact Tower Genius

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

First Name*

Last Name*

Email*

Phone*

Cell Site Street Address*

Cell Site City*

Cell Site State*

Type of Lease*

Service Needed*

How Can We Help*

Privacy*

	I am at least 16 years of age.
	I have read and accept the privacy policy.
	I understand that you will use my information to contact me or send me the information I requested.

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

Share this page:

What’s this?

Facebook Twitter Pinterest Tumblr Reddit WhatsApp

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

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

Click on the HTML link code below.
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.