Cell tower lease renegotiate

by Chris
(Edmonds wa USA )

Just wondering if I can renegotiate my current contract. I have roughly 10 years left on a 25 year lease which I did not sign it came with my property. They have upgraded the site to 4g recently. I am inexperienced at this process to say the least. I have people calling me wanting me to sell which I really don't want to do I would rather keep my lease and maximize my monthly intake. Would love some help thru this process. I do have a copy of current lease. It's possible I can't renegotiate I just want to know my options before moving forward. Thanks Chris

Comments for Cell tower lease renegotiate

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Jul 11, 2014
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Rent
by: Anonymous

Rent is 500 a month.

Jul 11, 2014
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How low is the rent?
by: Anonymous

If they really ripped off the previous property owner from whom you purchased the land and cell tower then they probably are not in a rush to get a new contract with you and end up paying you more.

Jul 04, 2014
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Lease options for you
by: Anonymous

Get a copy of the lease! Sometimes they are recorded against the property. Ask your carrier for a copy.

The lease is binding and passes with the property if it is signed by the parties involved. This is the purpose of the lease. To protect the interests of the parties.

Since you get payments, the lease is still with the "owner". Good

Upgrades may be protected by the lease. You may have very limited options as to getting more rent/value.

Every one wants to buy you out!

The present cash value of your lease is based on a few things like;
*Carriers
*Location
*Term of time.
*Rents
*Escalator ( %annual increase ).

I have ATT/CC and Sprint at one of the most highly traveled freeways in the world. I have been offered nearly a million, but have not sold. Tempting though.

My situation is not typical though.

Call these guys once you get your lease. With no lease, your not even at square one.

Editor's Note: Thanks again to Anonymous for their contributions to this blog,

Jul 03, 2014
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Yes we can.
by: Tower Genius

Chris, yes we can certainly help provide the expertise you are seeking to renegotiate the lease. Please call us at 888-313-9750.

thanks!

Steve
Tower Genius

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