Sublease renewal and increase in compensation per industry guideline

A utility company has an existing utility easement across our property. The easement conveyed to them did not grant them the right to sublease for communication equipment. We negotiated a 20 year agreement with the right for use to increase fee each 5 year renewal period and 2% annually. We based the first five years on a fair market value appraisal. Now we want to increase the second five years. What do we use to guide our terms for increase? How much is fair per the industry standards?

Comments for Sublease renewal and increase in compensation per industry guideline

Average Rating starstarstarstar

Click here to add your own comments

Apr 25, 2015
Rating
starstarstarstar 		Per industry guidelines...
by: Tower Genius

There are no official industry standards. The "guidelines" or common carrier practices do not favor landlords, so you can throw them out the window. Everything related to the valuation of a cell site or easement depends on location, difficulty of locating, relocating or accessing the site, what it covers, how great of a demand there is for coverage. We can't give you a number based on your question because we need more information. Please feel free to contact us if you think we can help.

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 Leasing Discussion.

Find out from Tower Genius how we help landlords and property owners in the USA  maximize cell site lease values and get the best possible terms for:

  • Cell tower lease agreements
  • Selling Cell Tower Lease
  • Tower lease extensions
  • Cell site upgrades
  • Small cell proposals
  • Lease amendments
  • Tower lease buyouts 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
  • US Cellular
  • SBA Communications
  • Crown Castle
  • American Tower
  • Atlas Tower
  • Phoenix Tower PTI
  • Vertical Bridge
  • Lendlease Towers, Md7
  • Tillman Infrastructure
  • Lyle Company, Black Dot
  • Everest Infrastructure

We'd Like To Hear From You.

(We value your privacy. Your information will never be shared with any third party.)

Cell-Tower-Leases.com
Contact Tower Genius
Please note that all fields followed by an asterisk must be filled in.

Please enter the word that you see below.