I get $484.00 per month for cell tower lease

Several years ago I bought property that has a cell tower. SBT owns the tower and they pay me $484.00 per month. We have a 5 year lease that has been renewed once or twice. They are actually leasing ten acres. The ten acres is a mixed tree plantation in rural western Arkansas. The tower is near highway 71 about 5 miles south of Waldron, AR in Scott County. I am tossing this info out to see if you think the rate is fair.
Thanks,
Nathan

Comments for I get $484.00 per month for cell tower lease

Average Rating starstarstarstarstar

Click here to add your own comments

Jul 23, 2015
Rating
starstarstarstarstar 		Good, bad, ugly
by: Stephen

Nathan, the good thing is that it can't go much lower.

What carriers are on the tower? Is it a single carrier site or a multi carrier site?

How much time on the back end of the lease until it expires?

Does the rent escalate annually, every term, or at all?

Ten acres, that's what happens when you have lazy tower companies who aren't willing to provide a proper survey. The size of the leased area needs to be reduced. Often times when there is a guyed wire tower they identify the entire parcel which is overkill.

Please call us to discuss. We really need more information, but on it's face it's clearly a lemon.

Tower Genius
888-313-9750

Click here to add your own comments

Join in and write your own page! It's easy to do. How? Simply click here to return to Cell Tower Lease Rates.

Find out from Tower Genius how we help landlords and property owners in the USA  maximize cell site lease values and get the best possible terms for:

  • Cell tower lease agreements
  • Tower lease extensions
  • Cell site upgrades
  • Small cell proposals
  • Lease amendments
  • Tower lease buyouts offers
  • Rooftop lease buyout offers
  • Rooftop cell site audits
  • Lease Agreement defaults
  • Cell tower valuations
  • Rent reduction solicitations
  • Lease Optimization Help
  • Lease Revenue Purchase
  • Verizon Wireless 
  • AT&T
  • T-Mobile
  • Sprint
  • US Cellular
  • SBA Communications
  • Crown Castle
  • American Tower
  • Vertical Bridge
  • Lendlease Towers, Md7
  • Tillman Infrastructure
  • Lyle Company, Black Dot
  • Everest Infrastructure

We Would Like To Hear From You.

Cell-Tower-Leases.com
Contact Tower Genius
Please note that all fields followed by an asterisk must be filled in.

Please enter the word that you see below.