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.

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
  • Selling Cell Tower Lease
  • 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
  • Transactional Coaching
  • Verizon Wireless 
  • AT&T
  • T-Mobile
  • Sprint
  • US Cellular
  • SBA Communications
  • Crown Castle
  • American Tower
  • Atlas Tower
  • Phoenix Tower PTI
  • Vertical Bridge
  • Lendlease Towers, Md7
  • Tillman Infrastructure
  • Lyle Company, Black Dot
  • Everest Infrastructure

We'd Like To Hear From You.

(We value your privacy. Your information will never be shared with any third party.)

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.