Lease rate for AT&T to add onto a Verizon Tower

by Linda
(Waynesville Ohio)

American Tower manages the Verizon Tower on our property. We have the ground lease with Verizon. They need to add another shelter which is not allowed in the lease. At first they didn't offer anything and just wanted us to sign the paper immediately and return it. Then they offered a one time fee of $750.00. I said that won't work. Now they want me to tell them what I want. I don't know how to value this. I don't want to leave money on the table but I also don't want them to move on.

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Oct 29, 2013
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Lucky, they need something.
by: Steve

Just a few quick considerations...

*I would consider how much area they have and what they pay now ( if not low for current values per sq ft.) and what more they want.

*How it will impact your land.

*How easy is it for them to relocate.

Your lease value if you sell one day will be based on what it yields via payments and on annual escalator. A one time fee is valued at zero.

Oct 28, 2013
Rating

Linda call us ASAP 888-313-9750
by: Tower Genius

$750.00 one time fee... How do they sleep at night?

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