by Al
(Mobile, Al )

We have an existing cell tower with about 11 years to go on the lease. The company operating the tower wants to buyout our lease for about $55,000. We are not too interested in an up front buyout. A second company has contacted us and would like to pay us about $6,000 per year in addition to our existing lease of about $4,600 per year. And at the end of the lease they would take over the lease and pay us a percentage of the net revenues of the lease. This sound too good to be true. My question - Is this for real?

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Dec 29, 2014
Question about a buyout offer on my cell site lease
by: Jessica

How do I know if the lease buyout proposals I have received on my AT&T cell tower is fair?

Mar 26, 2011
AL... They didn't hire Oscar for his good looks.
by: Tower Genius

Good point O.V. I'm glad that there are smart people who read our blog before we do.

Tower Genius

Mar 25, 2011
Buy Out Offer
by: Oscar Velez - Landmark Dividend

Hello Al,

I work for a company that purchases leases. I am assuming that the buy out offer from the company operating the lease is a perpetual offer where they would pay you once and take over the lease and land where the tower is located forever...The second company offering you the $6000 extra per year, seems too good to be true because it is.

What they do is purchase renegotiation rights from Landlords then actually go around the Landlord's back and sell them to the tower companies.. Essentially what happens is the Landlord will get a percentage of nothing because the renegotiation rights have been sold off to the tower company. Most people think it is the greatest deal, however they have just given up a very valuable renegotiation right and depending on how many tenants are on the tower it can be very lucrative. I am guessing that you have a tower with a few tenants on it already. If you would like to speak more about it you can contact me at 646-964-6728.

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