Lease extension

by Linda
(Oxford, MS, USA)

My family owns property in Northeast Mississippi on which SBA owns a cell tower. They have requested a 30 year extension of their lease on the property. When I told them that our rate was not competitive with other rural leases and that I did not like the five year rate escalation, they immediately responded with a 35% increase in the base rent, a $4000 signing bonus, and an annual 3% escalation rate. This makes me think the tower is worth more than I am aware. How do I value the tower property? And should I ask for a greater increase in the base rent?

Comments for Lease extension

Average Rating starstarstarstarstar

Click here to add your own comments

Apr 19, 2017
Rating
starstarstarstarstar 		Couple of questions...
by: Stephen

How much time is left on the lease until the final expiration date?

How large is the leased area? 100' x 100' ?

Do they have the right to sublease?

Please call me.

Steve
Tower Genius LLC
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.

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.

  

Tower Genius is USA's Premier Cell Tower Lease Coaching and Consulting Firm. Find out how we help landlords and property owners in the USA maximize cell site lease values and get the best possible terms. Book a 30-minute discovery consulting call with Kevin or Steve Today.

Click Here To Schedule A 30-Minute Discovery Call.

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


Like this page? Show us some Social Love. Here's how.

Would you prefer to share this page with others by linking to it?

  1. Click on the HTML link code below.
  2. Copy and paste it, adding a note of your own, into your blog, a Web page, forums, a blog comment, your Facebook account, or anywhere that someone would find this page valuable.