Low ball offer from a cell tower lease buyer.

by Amanda

Do cell tower lease buyers think that landlords are stupid and can't find out what these cell site leases are worth? I don't really have a question. Just ranting. Sick of getting postcards and marketing materials that look like checks and low ball buyout offers.
I have a 200 foot cell tower on my farm with Verizon Wireless, Sprint and AT&T. I have the only tower around because my property has the high elevation and the all needed it. I know that T-Mobile is starting to expand in my area. And my lease only has a few years remaining. When I leased the tower back in 1999 i didn't know what I was doing and i figured that $500 was better than nothing. I didn't know anything about sub leases or values. So now they've been getting a good deal for a long time. I know that with 3 different antennas my towers worth more money. And the cell site buyers want to get it as cheap as they can so they can renegotiate the lease in a few years.

The tower management company told me that T-Mobile will not attach antennas to the tower if we have less than ten years until the contract expires. But what makes me upset is that the cell tower buyers who have been calling me with offer keep telling me they will market my tower to T-Mobile and they will split the revenue with me 50/50. To me it seems like there is plenty of available space for T-Mobile's equipment inside the fence and there is no need to go outside of the fence. So the 50% revenue share doesn't seem like an honest offer but rather a slick sale pitch.

I want to know if $77,000 is a fair price for a perpetual easement for a lease buyout with the possibility of getting half of the T-Mobile rent?

What about a 50/50 split for new carriers if I take the buyout?

Comments for Low ball offer from a cell tower lease buyer.

Average Rating starstarstarstar

Click here to add your own comments

Aug 22, 2015
way low
by: Anonymous

I have a 250' tower and my offers are up to 450,000 for a buyout which probably includes a percentage of any new companies attaching. I am only aware of Verizon being on the tower.

Your offer sounds ridiculous.

Aug 19, 2015
Cell Tower Offers
by: Anonymous

Assuming that the tower is owned by one of the three tenant's on the tower, it's worth is not really up for discussion just because it's on the rented land (assuming the increase in taxes is being paid). If I rent an apartment and put my Ethan Allen furniture in the apartment is it fair if the rent goes up because I add more furniture?

If your rent was $500 in 1999 and I guessed 10% escalation per term that would make it around $650 now? If so, then $77k is on the lower side of an offer yes but not if your rent is closer to $550. If you were to get an installment offer then that is where you might benefit more from. For 20 years of payments you can occur more from interest than you would from just running the lease to expiration with a slim to none possibility of that revenue share.

On that subject, the land outside of the leased premises is 100% yours, so technically it is you who are giving away 50%. Don't fall for that unless it is tied to the current premises.

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 Buyout Forum.

Contact Tower Genius

Please note that all fields followed by an asterisk must be filled in.

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
  • 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.