Cell site lease rate

Land Lease has offered $500/month to put a 150ft monopole on my property in Victoria, TX. It's a 5 yr lease initial term with 5 yr renewals for 30 years. Is this a fair rate?

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May 28, 2015
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by: Anonymous

Thats only $6,000.00 a year, when they are making over $6 million a year off that tower. Yes I would trade for that.
May 28, 2015
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by: Stephen

That depends on what the definition of "is" is.

Nope. But in a rural area you probably won't get too much more.

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