Cell tower proposal I received

by Mike
(Oak Harbor, Wa)

I reciecved a letter from "Smartlink LLC" on behalf of AT&T proposing a lease term and rent: Initial term of 5 years and 4 each 5 year renewal terms. Initial proposed is $8500.00 with 10% increase per term. Never seen anything like this. Would like to get any info or advise i can get. They did mention a free standing monopole which im against because of the eye sore. They are taking about a 50'x50' parcel wich i have the room. I haven't called or email the people yet. Anyways looking for some advise. Thanks for your time.


Mike B

Comments for Cell tower proposal I received

Average Rating starstarstarstarstar

Click here to add your own comments

Apr 19, 2013
Rating
starstarstarstarstar 		Cell tower proposal I received
by: R Harden

My Dad has a farm in northern Illinois. He was approached years ago about a tower lease deal by AT&T. He did the lease, but the income is only $500.00 a month, with a five year, 3% increase in rent. The tower is as you described, with a 50' x 50' parcel. The thing is, he signed the original lease with $600.00/month, 5% increase. They sent out someone that talked him into signing an amendment that lowered the payment to $500.00. They told him to sign the amendment or the tower would be moved. My Dad is old, 89 at the time, and he believed them. He was lied to and got took! Be careful and use the experts to help you with the contracts.
Apr 19, 2013
Rating
starstarstarstar 		Putting the eyesore aside for a second.
by: Tower Genius

Mike it's important how you approach this proposal, because you can end up looking at the "eyesore" across the street and end up with nothing. We need to take a loot at the site, also discuss the terms they are proposing. !0% escalations per term is what they like to offer but is by no means acceptable.

Call us.

Tower Genius
888-313-9750

Click here to add your own comments

Join in and write your own page! It's easy to do. How? Simply click here to return to Cell Tower Lease Forum.

Find out from Tower Genius how we help landlords and property owners in the USA  maximize cell site lease values and get the best possible terms for:
  • Cell tower lease agreements 
  • Tower lease extensions 
  • Cell site upgrades 
  • Small cell proposals 
  • Lease amendments 
  • Tower lease buyouts offers 
  • Rooftop lease buyout offers 
  • Rooftop cell site audits 
  • Lease Agreement defaults 
  • Cell tower valuations 
  • Rent reduction solicitations 
  • Lease optimization questions
  • Verizon Wireless 
  • AT&T
  • T-Mobile
  • DISH Network
  • US Cellular
  • SBA Communications
  • Crown Castle
  • American Tower
  • Vertical Bridge
  • Harmoni Towers
  • Tillman Infrastructure
  • Black Dot, Md7, Lyle Company


Need help with your cell tower lease?

1-888-313-9750

Wireless Telecom Consulting & Transactional Coaching for Landlords and Landowners.

Contact Tower Genius
Please note that all fields followed by an asterisk must be filled in.

Like this page? Show a little Social Love. Here's how...

Would you prefer to share this page with others by linking to it?

  1. Click on the HTML link code below.
  2. Copy and paste it, adding a note of your own, into your blog, a Web page, forums, a blog comment, your Facebook account, or anywhere that someone would find this page valuable.