by Craig
(FL)
We were approached by Crown Castle to build a cell tower land that we own. The property is pretty rural and the real estate leasing representative working for Crown told us that we could get about $500 to $600 a month in rent for the cell tower and 10% increases in rent every five years. Seems a bit low for me but he told me that he is also talking to other property owner and if I take a long time to make a decision they would go to another location.
What are cell tower rental rates in Central Florida? Is Crown's offer negotiable?
Any suggestions?
Comments for Approached by Crown Castle to put cell tower on my property
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