What Is A Cell Tower Lease Buyout?
A cell tower lease buyout is when you sell your right to receive rent in your cell tower lease in exchange for a lump sum payment.
Why Am I Receiving Offers To Purchase My Lease?
It is likely you have been contacted by companies wanting to buy your lease. Companies such as Landmark Dividend, Towerpoint Capital, AP Wireless, and others (“Buyers”) – make unsolicited offers daily to purchase cell tower leases. Buyers offer to buy your cell tower rent typically for the next 30 years all the way to perpetuity (forever). Their offer is presented as a one-time lump sum cash payment than can range in the hundreds of thousands up into the millions of dollars. The range of the purchase price is largely dependent on the current rent you are receiving, the rent escalator, and the lease expiration date.
A buyout offer is attractive if you have an immediate need for cash. Often landlords will sell their rent to (i) pay down or payoff debt, (ii) reinvest the cash in immediate needs such as property improvements, or (iii) to maximize their price when selling or purchasing a property.
How Do I Know If I Am Receiving A Fair Offer?
To answer your question you need to first understand who is presenting the offer. The person who presented you an offer from the Buyer company is a sales representative. He or she receives a higher commission for the lower the purchase price at which they can purchase your lease. Unsolicited offers are always below market, sometimes as much as 60% below market. That is a lot of money that is being left on the table should you want to sell your lease. That’s why it is always important to have a cell tower lease expert such as Airwave Advisors to help you navigate the market.
How Do I Get Top Dollar When Selling My Lease?
Your lease can be worth as much as a house if not more. It makes sense to hire a broker to sell your house and it makes sense to hire a cell tower lease expert to sell your cell tower lease. We have helped landlords like you receive hundreds of thousands if not millions of dollars by helping them cash in on their lease. We know the market, buyers who will pay top dollar, and we are your experts for this complex transaction. We will bring top offers to you and we will be there to help guide you through the process from start to finish.