Rent Rates Prince Georges County, Maryland.

by Newman
(Bladensburg, MD )

We have a cell site and we are wondering if the rent we receive is a reasonable rent, the original contract was made in 2009 and a change was made in 2011, the amount of the lease was not increased. On a personal level I do not believe the rent is high enough. How can I find the highest payer for our site?

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May 22, 2012
What... No rental increases?
by: Tower Genius

Newman... thanks for the question. Take a look at your lease agreement. The reason your rent did not escalate most likely is because you agreed to rental increases every rental term vs. rental increases every year. The carriers are thrilled to pay increases every term instead of yearly so that way your money and interest do not compound annually which means they don't have to pay you as much.

they most likely made changes to the site because you gave them the permission to do whatever they want without permission.

Regarding what is fair market value, the prices are not determined by county but are site specific based on what they are covering and several other factors. Who is the carrier? Or is it a tower management company?

Please let us know if you need us to quickly read through your lease.

Tower Genius

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