We own 160 acres in mid Michigan and Verizon contacted us for a tower lease. The terms where $500 a month for 30 years with 2% increase every year. Wondering if this sounds low and are these leases transferable?
Typical low ball offer from Verizon where they have a number of sites to choose from and can peg one neighbor against the other, and see who can get the deal signed the fastest for the least amount of money.
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