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.
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.
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