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Sheri Nelson
  • Dallas, TX
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Cell Tower Lease

Sheri Nelson
  • Dallas, TX
Posted Oct 23 2015, 09:09

I have been approached by a cell tower company to put a cell tower on some property. The property is in an urban area. They have offered $1500 per month for a 5 year term and then 3 additional 5 year optional terms with 10% increases. I have no knowledge of cell tower leases and have no idea if this is a good rate or not. Can anyone provide any insight into this and any companies that would give good advice for this type of lease?

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