Amended lease due to expansion

by Mark
(Seattle, Washington)

I have a 25 year lease with GCI in Fairbanks, Alaska with 19 years left on lease. GCI is acquiring ACS, who is partnered with Verizon. Verizon is aggressively entering the cell tower market in Fairbanks. GCI wants to build on to my cell site. How much should I charge additional? I am currently receiving $1.01/sq ft. High average is $1.33 / sq ft. They propose 60% size increase. Cell tower is 120 ft with a 500sq ft bldg. Lease is with carrier.

Comments for Amended lease due to expansion

Average Rating starstarstarstarstar

Click here to add your own comments

Aug 09, 2013
Rating
starstarstarstarstar
It depends on the actual site.
by: Steve (Tower Genius)

Each site is unique. We would need to ask you some questions regarding your lease and review the site itself before we could give you solid advice. Give us a call... our initial phone consultation is free.

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 Rates.

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.