by Kathy
(Tennessee)
My lease is for 5/5yr cycles. I have just begun the 2nd 5yr cycle. My lease increases 10% at the beginning of each 5 yr cycle. I have been pursued by Crown Castle and Tower Point Capital to buy out my lease. I am not sure how to evaluate the lump sum vs continuing the lease. I really like having the extra income each month from the tower. I am wondering if my present lease agreement is a good one and if there is potential for addition income when the switch over happens next month. I live in TN and my tower is on the edge of our property with immediate access to the road. It is a rural area but next to the main state hwy through our area.
Comments for I have a verizon lease being transferred to American Tower
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