Offered $1000 to lease my property to Verizon. Is this good?
How much do you get for a sign on bonus for a land / lease agreement with Verizon and how much should we agree to per month? They do not have any other towers in a 5 plus mile radius so this tower would help them out tremendously. I know for a fact because I worked at our local county department, they have Verizon service, this tower would help out in this area.
I have been approached by AT&T to locate a cell tower on my property in Southern Illinois. I have no idea what they should pay. Any information would be appreciated.
Just checking prices
What is fair price plus bonus to renew lease?
Near the tennis courts
Still on negotiation. Property is located in Silver Lakes Helendale California
30 years, 5.5% increase every 4 years
Western Kansas 10 year lease. 3%increase per year. $5000 signing bonus.
Started at 300 in 1994. 520 in 2019.
They have contacted us and want to lower the lease amount because they say they lost Verizon. We just finished renegoiating the lease extension in 2017.
We are 3-4 years from our lease running out. They started paying $500.00 at the beginning and slowly worked their way up to our current payment. I would not recommend Crown Castle to anyone. We have to call someone every time the grass needs mowing but would rarely get anyone to address the problem. Unless the monthly rate is jacked up CONSIDERABLY there will be no signing of another lease.
I live in a rural area in copiah county sec 12 township 12 range 5e, I would like to know the average price being paid monthly. I am planning to lease soon.
Leased to Verizon in Rossville GA for200ft. Tower for $700 Mo. with 10% increase every five years, and even before they started construction Verizon subleased to Towers.com. Is this a reasonable rent for this location or have I been had, and what would be the maximum amount this Lease could be sold for?
Lease is $3000.00 a month for the tower.
25-year brand new tower / lease. 3% annual escalation.
Located in the city of Dana Point on the Harbor. County of Orange owns the harbor and the property. Five year lease. Services all the boaters and business in the harobor and beaches.
A tower company is offering $850 per month for 50 x 50 sq' to build on. Is this an average price or current rates higher than that?
Verizon contacted me to put a cell tower on my land. Who can help with the rent and lease questions?
American Tower wants to extend the lease for 30 additional years and pay us $25,000 lump sum
I have 22 years +or - a few months I was wondering if there was people who buy out these contracts for a good price I am not in need to sell but would consider cash sale
3.5% / year 50 year lease.
I had Alta Tower contacting me,they want to lease 75x75. 1000$ a month for 60 years every 5 years 7,5% increase in rent. It is commercial Property next to soon to be finished IKEA store.
Any additional information I can gather regarding the valuation of my cell tower lease would be helpful for future lease negotiations.
New Cingular Wireless PCS, LLC Arvada, colorado What is the market rate?
7 year contract 3% escalation
Sold the lease to this site about 5 years ago, but it is designed to service more than one carrier.
Is this too low?
Should the rent value be higher for a new tower in the same area??
the tower has Verizon on it.
I bought the property surrounding the cell tower and the tower site in a transaction a year and a half ago. I think the lease term runs out this year or next. I don't know how to value the lease or the land, so any information you could share would be helpful. Thanks.
Have been contacted to erect another tower close to this one. They are offering $500 / month. Wondering if this is a fair price.
There are only 2 tenants on the tower to my knowledge and neither are telecommunication companies. My personal internet service at my house next to this tower is pathetic! I have AT&T service for my cell phone and Sprint for my in home internet.
Brooklyn NY... too low
Tower is west of Paris, Michigan. Adjacent to the expressway. US131. Dad just got a renewal at a higher rate for many years. I think it is SBA.
I think it's low, we get an annual check for $2,388...
They made this offer
Curious to what avg new rates are, we have been contacted to extend our lease
Need help in negotiating contract that will expire in 10 years. Any cell tower experts in the Dalton, Georgia area?
This is a 911 tower
my new lease rate is $2800.00 from $1850.00 thanks cell tower help guys.
500 ft. tower, 3% annual increase. 5 year term up 2017. AT agent requesting perpetual lease buy out.
Standing structure Location Latitude / Longitude: 44.965528 / -89.627889 Street: 1000 N 3rd St. City, State: Wausau, WI Height Overall Height Above Ground: 57.6 meters Overall Height Above Ground Without Appurtenances: 54.9 meters Elevation of Site Above Mean Sea Level: 367.5 meters Overall Height Above Mean Sea Level: 425.1 meters
Current offer is $4,250 / mo, @3,75% yr. $20,000 sign on. Or buy out@ 14-18 X the annual rent. 1988 Lease expires June 2018. Current rent $2,400 / mo @3% yr. East LA,Ca. interchange of Fwys.
30 year lease
Is this fair
I am considering selling the lease but struggle with what is a fair buy out price.
Recently sold the lease to Diamond communications LLC still working out time and figures.
The cellular service in my area is terrible. I can never hold a phone call because they always fail
This tower is not working. Friday night there was a bad car accident near the tower that caused a power outage and my cellphone has not be able to make or receive calls since that happened.
Divided by 4 persons they want a by out 150,000. DIV BY 4 PERSON
I want 500,000 per month. Am I being greedy?
How much should we charge in a revenue share for the cell tower sub leases for each provider
Looking to compare lease rates
look at costs in area
This is for a self support tower. $500 seems low. What is a fair amount for this area in Kentucky?
11th year in service. 10 percent escalation every 5 years
.5 acre AWT
What is the going rate
Don't own this site but received a request for cell tower contract. Looking for info on rates.
Crown Castle is trying to strong arms us into a 40 year contact. We have been cheated by AT&T as the lessor and now CC is the management company trying to ADD an additional 40 years to our contract. We would like to know what other towers are getting and best way to negotiate our contract.
In process of renegotiating.
Would like to know if this rate is reasonable and if it is legal to make a "perpetual agreement" contract. Would like to know what the average rate in the area is.
SBA is desiring to extend the lease. What is average rate in the area?
San Bruno, CA.
$1,400 plus 3% per annual.
US Cellular lease.
Increases 3 percent yearly.
They currently pay $1,343 a month on a lease that expires in 17 years with 3 percent increases, no sharing on income of additional carriers. They want another 30 years on the lease raising the rent to $1,590 with a $20,000 signing bonus.
25-year lease ending. US cellular was paying $700. Now offering $1,500 a month. AT&T also joined the tower a few years ago.
We are in year 10 and it is up for renegotiation in June.
40 years left of a 50 year lease. Verizon carrier.
Indian River Co. and Breviary Co.
Crown Castle offer is $900 a month with rent escalations every five years not to exceed 15% based on the Consumer Price Index. I will not be paid for added carriers.
Compare lease amounts being paid for Columbia, SC, area.
5 years with a 10% escalator clause after 5 years.
This lease is located at Western Flight, Inc. on McClellan Palomar Airport since 2014.
Woodbury County, IA (northwest IA) American Tower wants to renew existing contract, offering $600 per month with $15,000 one-time payment. See their presentations on their investor relations site -- study carefully. This company is making money by the bucketloads. Average tower revenue of $5,500 per month gross margin 77 percent, land owners generally own one tower site, 9 percent of Verizon sites have revenue sharing agreements, landlord base is highly fragmented, etc.
I'm in Houston, TX.
I'm wondering how much I should be getting for this lease.
Five-year increments 3% annual increase
Lease was sold in Jan 2013.
Contract has been offered -- not accepted. They started at $800 then went to $1,500. Now at $2,200.
$41,500 signing bonus. Nine 5-year terms. 15% increase every 5 years. Each additional operators will give $10,500 lump sum.
Crafton Comm Co. is out of Birmingham Al. Wants to lease land for cell phone tower for $500 a month. Local office is in Dallas. Also wants to lease another space about a quarter to a mile away from someone else. The amount sounds way too low, and may be too close to each other?
Verizon tower recently acquired by American Tower. They have six years left on lease, but want to renew for another 30 years. Land has great commercial value, not sure what we will do.
American Tower wants to extend 25 years -- $15,000 sign on, 15% every five years.
The tower is on the 2nd highest part in Adams County, OH. They want to extend / amend current lease, covert lease to perpetual easement, convert lease to capital lease 49 years, or fee simple purcase of the leased premise for a one payment of $95,000 with an installment program. We're coming close to an end to a 30 lease, which was signed by my mother, who's passed.
The contract to our tower came with the land when we bought it. The lease is up October, 2015, Florida State is now the owner, we are hoping for at least $1,500 to $2,000 a month. It is a communication tower. We feel that is a fair price.
I have a 50-year lease starting in 1999 at $5,000 per year. No rental sharing.
Time to renegotiate contract. Just wondering about the price.
Leased property in 1995. Since that time four outher companys have installed on that site. I will be renegoating lease soon and would like to see comparisons in that area.
One year left on the lease.
Verizon tower that is now going to American Tower. We refused to sign forms for American Tower without a price increase to us. Tower located along the interstate as you enter Tampa.
Not sure what to expect from this venure. There's an AT&T tower almost adjacent to where this would be constructed.
In 10016 area code. 2% escalation each year. 5 year lease. Two 5 year options. Too cheap?
CC wants to renew lease. I have 9 more years on present lease. Should sell or renew lease? Several companies have made offers. Offers include 3 percent increase each year and a percentage of sites sold in the future.
Brooklyn. Very busy area. The offer is $600 for rooftop with 2% escalation. Too cheap?
SBA subleased space to AT&T. We currently get $1,150 a month and will be going to $1,322 a month at next five-year anniversary (one year from now). Verizon wants to locate on as well. They initially offered $500 a month. We countered with $1,150 a month. They offered $900 a month. After much negotiation -- we made our case for $1,150 stating that they should match AT&T) -- my contact at Verizon says they will do the $1,150 with 3 percent increase per year. Just waiting for the contract. That will give us over $3,700 a month with yearly increases of 3 percent. This is in Santa Rosa, CA.
Two five-year terms. Second term goes to $1,500 per month.
It is a five-year term lease renewable up to eight times. We have offers ranging from $70,000 to $90,000 buyout lump sum. And $105,000 to $111,000 10-year terms. What can we expect? It's well over $300,000 if it goes full term at 45 years.
They're trying to get us to sign a lease for 50 years.
Location is Baylor Medical Center at Irving, TX.
They lease now but would like to purchase as an easement.
High commercial location. Verizon is offering $6,000 per year.
CellOne sold out to Verizon in 2000, lease agreement ends in 2020. 4.1 acres with three tie-downs, 600 yards of easement, but no earning nor yearly increase. Crown Castle, Unison and many other flood my mailbox with possible offerings. Their main objective is to repeat CellOne thief in the night contract. Will deal only with Verizon five years from now. They will pay up or pack up.
10 year contract that expires this year. Realized I got lowballed after calling around to people near me and finding out that they got double my contract.
Combined income between AT&T and T-Mobile.
Would like to see rates in the area.
These guys should be paying more. They installed a 200-ft tower in 2008 I think.
Verizon contacted me to lease my land for a cell tower at $500 a month for the next 25 years. Does this sound fair?
Our 20 year lease is up in October 2016. We are curious at the going rate for renewal.
Still in consideration.
T-Mobile tower. Leased from private owner.
Owned by Mt. Pisgah A.M.E. Church at 129 Dixiana Road, West Columbia, SC, 29171.
Old lease, 20 years left. Inflation escalators.
Just installed two towers. They want to install a back up generator near their equipment shed. Will be asking for bigger increase since installation of towers (at their cost) was such a nightmare.
Are we too cheap?
The lease was originally with MCI. Then, Verizon took it over and entered into a sub-lease with the Harnett County. At that same time, approximately 30 feet of tower and a couple of dishes were removed. Within the last year, the county has upgraded the dishes on this site. The current lease is due to end in December 2015. I do not have any lease agreement with anyone other than the county. It provides EMS, sheriff and state patrols service. It was installed in 1985.
This is the offer we have received. I feel it is low, but how do you know? I have no idea how to find out.
I want to know how much taxes and insurance go up. Also, how much to expect a month for a lease?
Wants to extend lease for another 25 years. What is it worth?
How much should I be getting?
Up for renewal in four years. Been negotiating for two years with no agreement. Offering increase to $750 (chump change) for 30 year renewal.
I'm a telecommunications engineer who is responsible for maintaining and designing the networks of the top three telecom competitors. Folks, Verizon, and all of the others, will try to get you very low, but do know that they do pay $5,000 to $6,000 per month when they have to. If they want your location very badly, you have them where it it counts. Never go under $2,000 per month. They may find someone else who'll go lower than you, but if they are contacting you then yours is one of the "best" locations for their customers.
100x100 or 10,000 sq ft. Western NC Appalachias.
Don't know if this is a fair amount.
Per month 3% increase per year. 12 years left on the lease. On the roof of a two story building with truss reinforced roofing. I was told it was the tallest building in the area.
Am I getting ripped off? I have 12 years left on my lease.
Has place for three more carriers.
I am offered a 5-year term with 7.5% increase after 5 years. I would like to know rates in my area.
Renegotiating. Need to know averages.
In San Francisco.
We are being paid significantly less than our original lease.
Verizon Wireless requesting to lease my property to install a self supported cell phone tower on my five acre tract, 75 foot by 75 foot enclosed.
I have a number of two-way radio custumers and a wireless Internet business paying rent per month.
Rip-off deal in Southern Maryland. APC Realty of Mahwah, NJ leased land for cell tower from my elderly, disabled father. Lease started in 2001 at $650 per month for 2,500sf. Sold lease to Global Signal, which was bought by Crown Castle. Current rent represents result of rip-off deal with elderly, disabled man -- no share of any tenant's rent and the tenants are AT&T, Comcast, Sprint and Verizon. T-Mobile is coming on board as a new tenant very soon. Rip-off rent ($0) from tenants. How much is this worth, how much should my father be getting now, and how much should I sell lease for if it ends in 2051?
The cell company has changed ownership many times and will not work with the land owner on a new contract.
Located in Cocoa Beach, FL. Comparing rates.
I have not least yet. This is what they offered and I am not sure if this is a good price.
Houston, Texas: Panels on a roof top. Now they want to lower the lease payment or offer a 99 year buy out of $295,000
What are the going rates for tower rental in northeastern Pennsylvania for SBA towers and how do they compare to other companies?
20 year lease. Increases each year according to CPI. Started lease in 1997. Started at $5,000 per year. Since then T-Mobil has added equipment and AT&T is looking to add equipment. Our lease does not compensate us for added equipment so make sure you negotiate that into your lease.
Have two additional sublets on site.
We have the option to renegotiate every 5 years and blew it last time. Trying to figure out what a good price is. Have no idea if we are getting ripped off.
Bastrop County, Near Elroy, TX.
Wondering if AT&T has co-located on to tower located west of the Corvallis Rd. or Independence Hwy. and north of Ryals Rd. in Benton County, OR in the last four months.
I feel I should be getting more...
150 ft. tower 100-by-100 ft. Non-restrictive access road. Rent increases by 2 percent a year for 25 years. Considering the length of the land leased, they will be adding additional tenants.
Not much to say. I'm very happy with the terms.
Wondering about the rate in the Muleshoe, TX for Verizon to put a tower on an individual's land.
Verizon rep is looking at our property. Five years with five renewals at 10% increase. Central Ohio.
Paid in one check per year. Amount increases 10 percent every five years. 30 year lease.
I have 2 towers on the property. Sold both leases to CCG, Atlanta, $250,000, will receive 80% of new tenants or towers on property.
Our tower is near Charlottesville, VA. I suspect that we can do better.
I don't know what it's worth, but I'm getting chump changed to have this on my property.
I know our contract is coming due soon and we are definitely going to renegotiate the terms and price of the next lease.
In Larkspur, CO.
This is what we are currently getting. SBA wants to do a three year abatement, which means no money for us during that time -- they get rent-free space. The reason: they don't have a tenant on the tower, they say ours is a preferred site, and they hope to get a tenant before the three year abatement period is over. I'd like to hear from other SBA land owners -- if SBA is offering them similar amendments to their contract. Thanks.
This site is on Bay Cove Lane in Wilmington, NC.
Cell site at Escondido, CA.
Wondering how compares with other sites in the area.
Not sure what AT&T will pay, but I don't like its contract since it is all one-sided to them.
I haven't been paid for 9 years, as I refused to sign the lease. AT&T sued me, but they couldn't enforce it since I hadn't signed an agreement and my attorney didn't have mandate to agree for me. It vacated the site last month, so I now have to find another lease for the tower.
I have been offered $850 a month for 1,600 square feet, 40-by-40-inch comms hut and 150-foot tower.
This is reasonable for the area.
This is for Cellcom.
I was offered $600 per month.
I have a five year lease that renews every five years with a 10% increase at renewals. Now in 11th year.
Lease started with Sprint and has been sold twice now. Crown-Castle has it for 20 years. They are trying to extent the lease or buy it out. Would like to know what the rate is for McDonough, GA.
I have two towers over my barn I lease.
Still owe me up front money $1,500.
How much should I get to sell my rights for the ground under the tower
This is how much I was offered. I'm wondering if this is around the right price.
Lease began at $600 a month for the first five years. 10% escalation every five years. Renewable for 25 years. In eighth year now.
This lease is through American Towers.
3% per year increase. 10% of additional revenue.
I have had this lease for several years now. Lease rate goes up every 5 years. But it seems it should more. Site is located in central Louisiana.
How is that for this area? Should I get an increase each year? If so, how often? And how long should a lease be?
We are not getting what we should. The initial contract for 20 years is now coming due in 5.5 years. We contacted a lawyer that only deals with property owners and he is getting a much better deal for our next agreement. A word of advise, you are not just leasing the land that the tower sits on, you are leasing the technology that is above, the signal is where they make their money, not the real estate.
Verizon was looking at our property and two or three nearby. They offered $500 a month with a 3% gain each year. Is this a rip off?
This is in Southern Maine. Seems low and no addition amount if utilized by additional carriers.
I think I'm getting ripped off.
Has a 15% increase at every 5 year contract renewal.
Sprint site paying $1,800 per month in El Cajon, CA. If I was to sell the income how much would I receive?
This is a roof top site.
I have owned this site for four years now. I am the owner.
For three years now.
I would like to know how much leases are running in the area of San Fernanco, Los Lunas NM.
I would like to know what comparable rental incomes are for a site of this type so that I know if we are being underpaid.
In Hobart, they want to extend lease 25 years with one time 15% increase, and 3% per year and $75,000 signing bonus.
Just checking to see what other people are getting paid to lease land that a cell tower is on.
Used to be a Sprint Nextel tower. New drum antennas have recently been installed. Unsure of carrier.
East Kent Hill.
A news article in today's Kennebec Journal discussed a deal with US Cellular and the town of Chelsea.
Town of Chelsea ground lease.
What are the other tower land leases going for in 2014 /
Interested to know if another cell phone company (other than AT&T) would have interest in our site.
Looking for a price comparison to see what is the 'normal' lease rate.
Crown Castle has been very co-operative in maintaining the site.
I just got a renewal letter and they are making an offer. I think my current offer is way too low. What should I be getting?
This is a Self Support. The elevations are in feet not meters. Or it would be the tallest SS in the world.
I'm not sure what kind of comment I'm being asked for, so I'll leave this instead.
This process has taken over one year and I have not been given updates.
The rent is payable each month on the first of the month and a two year lease is in place with eight months to go on the contract.
In very early stages of talking to Verizon about leasing a piece of property. The property is in a prime, second highest point in hall, I feel that the money they are offering, $600 a month. Is this way to cheap? Please advise us of the going rate.
Carriers don't tell you how much they're willing to pay. If you own a site in this city, please take a moment and leave a quick reply. We'll collect prices in the area, so you'll know what carriers are paying, and how much to ask for. Thank you!