Revenue sharing options with sublease tenants

by Jeff
(Lynchburg, VA)

I have someone from Everest IP calling to say that she can negotiate a 25% revenue share the cell phone companies are paying ATC. I get the sense that ATC would like to finalize our lease (it's the only one in quite a substantial radius near the VA/NC border. Their rep has increased the buy-out option by an extra $10K this month. However, as a non-profit, we we could get a meaningfully higher monthly lease rate, we would be very interested in that. I read your webpage re: EIP, though I don't believe you noted the revenue sharing option they are suggesting they could arrange with us. Since EIP does their homework and see this as a solid revenue stream for themselves too, I'm interested in what they could offer us. Does the revenue sharing option ring true to you? Things to be wary of in this type of arrangement?

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Oct 04, 2017
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