Cell Tower Lease Buyout?

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Cell Tower Lease Buyout?

by Daniel
(Apex, North Carolina)

I have a cell tower on my property here in North Carolina. We have four carriers on the tower and we receive the initial lease payment plus 30% of all colocation revenue at the site. The total value of my lease, as it stands now, is worth just over $2.1 Million dollars over a 30 year period.

A company called me recently offering me a one time lump sum buyout of the lease. The company offered me $320,000.00 to sell my cell tower lease to them. I could use the cash to pay off some debt I have as well as it would pay off what I owe on the property.

Is this a good deal? Should I jump at it since the carriers may take the tower down ahead of the full lease period? Thanks for any direction you can provide.

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Cell Tower Lease Buyout?

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Oct 17, 2010
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Cell tower lease buyout avoid prepaid rent NEW
by: Pete

Watch out with your cell tower lease buyout because if you get it as prepaid rent you will get crushed on the taxes. Get advice before you do anything.

Apr 27, 2010
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RE: Cell Tower Lease Buyout? NEW
by: Tower Guy

You are better off dealing with a reputable lease acquisition firm backed by serious wireless capital. Deep pockets are a good thing.

Have a professional review any lease buyout offers you receive, as long as you're OK with passing up future payments for some cash now, then go green $$.

Jul 04, 2009
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About Your Cell Tower Lease Buyout Offer NEW
by: Stu

Dan, HELLO!! If they were taking down the site why would they offer you anything?! They want the site.
Many of these lease buyout firms try to convince unsuspecting land owners that they may not be a need for their cell tower in the future which is a complete lie.

Regarding the terms of your lease, how long have each of the carriers been on the tower and how many years do you have left on your leases? Also how did you end up only getting to keep 30% of the carrier co-location revenue?

Sell the lease if you need the money now. Hold onto it if you want to enjoy the long term income.

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Cell Tower Lease Buyout?

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Cell Tower Lease Buyout?