Get in touch

877-456-7552

Select Page

Many landowners with Verizon cell towers have begun receiving letters from American Tower bringing up the potential for a lease buyout or long-term lease extension. These letters come on the heels of American Tower purchasing the long-term rights to 11,000+ Verizon cell towers for over $5 billion. If you are presented with one of these letters, you should contact a leasing expert at Vertical Consultants before you reach out to American Tower. At Vertical Consultants, we work to get landowners the best deal possible, whether it is on a new agreement, a lease extension or a lease buyout.

While we generally recommend against entering into lease buyouts, in some situations, it may be beneficial for landowners. However, there are many factors to consider, including the fee offered and what rights you will maintain on your own property. The reason lease buyout offers are so common is because most cell tower site leases are extremely undervalued. Third parties, such as Md7 and Black Dot Wireless, know that if they can secure the rights in your lease, they can negotiate much higher rental rates in the future. To combat these third party companies from cutting into its bottom line, cell tower tenants are eager to secure the lease rental stream themselves. This is what is prompting American Tower to mass-mail letters to landowners regarding selling their properties or entering into perpetual easements.

Vertical Consultants can help landowners in two ways. First, if you want to hold on to your long-term lease, we can negotiate the same higher rental rates for you that the lease acquisition companies desire for themselves. This puts the increased value into your pocket instead of a third party. Second, if you want to sell your rental stream, we will work to increase the sale price. There is not shortage of parties interested in buying rental streams, and the experts at Vertical Consultants have worked with them all. We can shop your site around for you, negotiate the best sale price, and work to ensure you retain the maximum rights possible in your property.

In regards to long-term lease extensions, we advise landowners not to sign an extension without speaking with a cell tower leasing expert. In the majority of cases, these long-term extensions only provide additional benefits to the tenant, while reducing the landowner’s property rights. Do not give away your rights without receiving something in return! Lease extensions provide the perfect opportunity for you to implement provisions and rights you did not include in your original lease. Perhaps today you need to relocate the cell tower or want to implement a sublease revenue sharing provision. Whatever was missing from the original agreement, now is the time to ask for it.

If you have been contacted by American Tower about a lease buyout or long-term extension, call Vertical Consultants today to see what we can do for you. The initial review is free, so you have nothing to lose!

In 2016, Vertical Consultants averaged an immediate 322% increase in rents being received by its clients, and since 2010, has been able to assist its clients in the recovery of over 300 years worth of combined underpaid, and, in some cases, unpaid rents and other expenses that were rightfully due to these property owners located throughout North America.

To learn more about our services, visit https://www.celltowerleaseexperts.com or contact Vertical Consultants at info(at)vertical-consultants(dot)com or 877.456.7552.