I am meeting with a person from AT&T tonight to look at my property as a possible site for one of their towers. What kind of rent should I expect. Thank You Russ Row
Need more detail to determine value. by: Tower Genius
Without knowing anything about the specifics of the site, I will tell you to expect $350 to $600 per month and 7.5% to 10% escalations every 5 years, with "take it or leave it" terms for the most part.
You can also expect that the AT&T leasing rep will try to give you a form lease template with your address and name inserted, and have you hurry up and sign quickly, lock you in at the lowest price possible, and do the same to 2 or 3 of your neighbors, find the weakest link and play the properties against each other.
That is unless you have a superior location and can keep yourself from telling them a number early into the process.
Remember... it's a poker game. Don't blink before they do.
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