I have a cell tower managed by American Tower, they are offering to extend my lease for 6 six, additional 5 five year terms and offering an up front payment of $15,000.00.
How much time remaining until your lease expires?
How many carriers on the tower?
How much ground space was leased? Do they have room to expand or do you think they might need more ground space?
Do you have a Right of First Refusal in the current lease?
Are they offering a rent increase or just a signing bonus?
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