Cell Tower Lease Buy Out

by JC
(Kentucky)

I have a cell tower that brings in $1040. a month.
There is 22 years remaining on lease. 2% increase per year. I have been contacted by several firms over the last three years about a lease buy out. I have just now become interested in looking into that. I have been offered $175,000 buy out for the current lease and $186,000 for a perpetual buy out. Another company offered 185,000 for a 25 year lease buy out. I just was sent the Minidoka, Id cell tower was bought for $200,000 over 30 years. They were only getting $529 a month. That does not make sense to me but what do i know. My question is: I have another company that wants or talks about a 40 year buy out for around $300,000.
When i passed that on to American Tower they acted like that was impossible. Should I be worried that I am being feed hog wash? It is so hard to find out who you can beleive. Any help would be appreciated! JC

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Aug 09, 2013
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We would need more info.
by: Sean (Tower Genius)

We would need to ask you some questions regarding your lease and review the site itself before we could give you solid advice. Steve Kazella is our lease buyout expert, Give Steve a call at 888-313-9750... our initial phone consultation is free.

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