land lease

by m
(usa)

I recently purchased land and the seller kept the .25 acre that has a tower on it. Now, the tower company is wanting to lease 2 acres of my land because they need more surrounding area around the tower. What is a good lease rate for 2 acres surrounding the existing tower.

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Jan 27, 2015
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by: Stephen

It's a possibility that the previous owner sold the lease cash flow to a third party that the tower company has a less than favorable disposition towards, and they may be wanted to decommission the tower and move it over onto your parcel. 2 acres is a lot of land, is this a guyed wire cell tower? We would need more information and have to take a close look at the site and tower.

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