Approached by Crown Castle to put cell tower on my property
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?
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