Value of cell tower lease near Jacksonville, FL

by MM
(Florida)

What is a good monthly rental fee for cell tower near Jacksonville, FL?

We have been approached tentatively and offered $800 per month, after a three year option period which they would pay $1,000 per year.

Is this anywhere near the going rate either for the option or the monthly rent?

MM

Comments for Value of cell tower lease near Jacksonville, FL

Average Rating starstarstar

Click here to add your own comments

Nov 27, 2010
Rating
starstarstar
Cell Tower Lease is below fair market value
by: Anonymous

MM thanks for posting the question. $800 per month is below fair market value for Jacksonville Florida and the option terms also need to be tightened up. Unfortunately many of the fly by night tower developers could give a %&$@ about giving you a good rate because they are low-balling all of the potential sites around yours and talking to your neighbors hoping to see who fold first like a cheap camera.


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.

Tower Genius is USA's Premier Cell Tower Lease Coaching and Consulting Firm. Find out how we help landlords and property owners in the USA maximize cell site lease values and get the best possible terms. Book a 30-minute discovery consulting call with Kevin or Steve Today.

Click Here To Schedule A Call.

  • 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
  • DISH Wireless
  • 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


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.