Lease Extension

by Ellen
(San Patricio County, TX)

We have had an AT&T tower on our property for 20 years with 15% inflation adjustment every 5 years. We are currently getting $874 a month. Our lease is not up till 2035, but American Tower has approached with an offer to extend the lease 30 years and pay us $20,000 to do so. We do not share in any revenue. We also regularly receive mail and phone calls from other companies offering to take over our lease.
Is the extension offer from American Tower a good deal?

Comments for Lease Extension

Average Rating starstarstarstarstar

Click here to add your own comments

Nov 05, 2015
Rating
starstarstarstarstar 		Yikes. Don't do it.
by: Stephen

They still have plenty of time here left on the lease. That is a bad deal that they offered. They are just fishing to see if you will take the "bait". Please feel free to call our office and we can take a look at the tower location and the lease and spend a few minutes on the phone with you, there is no cost involved.

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.