Posted 5/29/2019 09:15 (#7528545 - in reply to #7498337) Subject: RE: Cell phone tower rent?
Sorry for not getting back. The tower actually sets on a farm on I-80 west of Lincoln Ne. The interest in the tower was left threw a estate and the current lease that mounts up to 25 years and that 25 will be up in 2025. The tower folks like to do thing way ahead. The way its set up all four party's will have to sign the lease extension talked to the lawyer that handled the estate back in the day. Talked to a few land owners in the area and the going rate currently is $1,000 to $1,500 a month. This one is currently around $1,200 a month and will get a 15% bump march 2020 for the next five to 2025 when the current contract is done.