Four Factors that Determine the Worth of Cell Phone Towers in a Lease
Number of years remaining on the lease
“Cell companies will pay far more for a lease in its final years,” according to Pestle. To make things clearer, a lease that is one year away from its expiration is worth far more than one that has ten years to go.
Current rent being paid
“If the buy-out price is just one lump sum payment to the landlord, then a tower with multiple tenants collectively paying the landlord $3,000 per month is worth far more than one with a single lease paying $500 per month. This is less of a factor if the landowner gets to keep all the rents until the current leases expire,” states Pestle.
http://towerpoint.com/four-factors-that-determine-the-worth-of-cell-phone-towers-in-a-lease/
“Cell companies will pay far more for a lease in its final years,” according to Pestle. To make things clearer, a lease that is one year away from its expiration is worth far more than one that has ten years to go.
Current rent being paid
“If the buy-out price is just one lump sum payment to the landlord, then a tower with multiple tenants collectively paying the landlord $3,000 per month is worth far more than one with a single lease paying $500 per month. This is less of a factor if the landowner gets to keep all the rents until the current leases expire,” states Pestle.
http://towerpoint.com/four-factors-that-determine-the-worth-of-cell-phone-towers-in-a-lease/
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