I have been approached with a buy-out offer for my existing cell tower lease just 1 year in to the first of 5 potential 5 years terms.Current arrangement:Initial Mo. Rent: $685.00Yearly increase: 2.4% annuallyLease agreement: (5) year term with option for (4) more 5 year terms.Currently in year (2) of first 5 year term as mentioned.Offer:1) (7) year installments equaling $111,000.002) (12) year installments equaling $130,000.003) Lump Sum Payment $81,000.00Site is currently single tenant and was originally built by AT&T. Now owned by one of the major tower companies.Forget about whether the original deal was bad or not, it was very competitive amongst several land owners at the beginning.Also, I am not comfortable with the word Perpetual easement.
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