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Updated over 8 years ago,
What would the value of a Cell tower be?
I have a client who has a piece of property that has a 99 year triple net lease and generates currently $20K a year. Amount of income can go up based upon more cell carriers using the cell tower. Still, this is his base net income. All other expenses are paid for by 100% tenant including property taxes. Any thoughts on how much it could be worth?