I have a cell tower in rural Tennessee with SBA. The lease is due to expire in 13 years. I have been contacted by the Leasing company to renew the lease multiple times and this last time they asked for a "50 year" lease with no mention of increase in payments. Currently payments are less than Just over 600.00/month. I do not have keen negotiating skills and really do not know where to begin. Your input is appreciated.
50 years is great for SBA, not so great for you. by: Steve
SBA loves to buy out landlords or cry poverty when it comes to giving a rent increase. We need to take a look at the tower and the lease. Please call us.
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