Ongoing Lease

by Otis
(Battle Creek, MI.)

We are a church located in 49017 zip we have had a renewable lease on our church property since 2003 with AT&T wireless . The monthly lease started at $600 a month it renews every five years with a 7% increase . We have an offer to buy it out at $100,000 cash in our estimate thats about 10 years of the income value.... Are we recieving an appropriate value on the existing lease ? And what would a good value "buyout" cost be ?

Pastor O

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Oct 12, 2013
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OH NO... don't sell it. Renegotiate terms first.
by: Tower Genius

Pastor O(h)..Your rental escalations are way too low!!! The buyout offer is also too low.

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