Rooftop Antenna Rental Rate
Currently manage a commercial property which has rooftop antennas and Verizon has been renting them for nearly 15 years. The current rental rate is $1,984 per month and is set to increase to $2,282 in 12 months. The rental rate increases by 15% every 5 years. Verizon wants to set up their renewal but we are not sure if $2,282 for 5 years starting December 2023 is enough. Please advise.