Loosing All Tenants On A Cell Tower

by Harry
(Brownsville, Cameron County, Texas)

We have a ground lease with SBA Communications. They have just informed me that they no longer have any tenants on this particular tower. They were paying us $1024.94 per month.

Due to not having any tenants at this time, they have offered to leave up the tower with no rental income to us for a period of three (3) years or until they get a tenant on this tower -- which ever comes first. If and when SBA finds a tenant, rent payments will resume. If we do not accept these terms of no rent, they claim they will remove the tower.

Is this the standard in the industry -- no payment at all until a tenant is found?

Please advise ..... Thanks.

Harry
Brownsville, Texas

Comments for Loosing All Tenants On A Cell Tower

Average Rating

Click here to add your own comments

Jan 19, 2018
Rating

loosing all tenants on cell tower
by: chet

I was also contacted by SBA, with the same deal was curious as to how long it would take to decommission and remove the tower, and how often they do take down the tower. I am located in the northeast south of Boston, MA. Also what does it cost to remove a tower?

Jul 19, 2017
Rating

SBA has plenty of money - NO RENT ABATEMENTS
by: Tower Genius

Harry,

Tell SBA that's called tough luck, and the cost of doing business. They can write off the loss. Don't let them leave the tower there, have them take it down.

T.G.

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.

First Name*

Last Name*

Email*

Phone*

Cell Site Street Address*

Cell Site City*

Cell Site State*

Type of Lease*

Service Needed*

How Can We Help*

Privacy*

	I am at least 16 years of age.
	I have read and accept the privacy policy.
	I understand that you will use my information to contact me or send me the information I requested.

Please enter the word that you see below.

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

Share this page:

What’s this?

Facebook Twitter Pinterest Tumblr Reddit WhatsApp

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

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

Click on the HTML link code below.
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.