We bought a property with cell tower lease already intact. We discovered carrier has 2 antennas that are located outside of the leased space. They immediately said they would like to do a lease amendment to add the antenna space and compensate us for that additional space. They said that each antenna is using up 32 square feet of space, for a total of 64 square feet. They then said that their standard lease rate for such space is $3.00 per square foot. So, their proposal is to pay us an addition $192 per month ($3.00 x 64 sq ft).
What is a fair rate to get when carrier antennas are found to be located outside of the leased space? Is this a violation of lease, thereby opening the whole lease to renegotiation?
Comments for Carrier antennas located out of leased space
It's not about the 64 square feet. It's about the access and ability they have to utilize your site. In Morro Bay, it's not like they can just go across the street if they want to relocate the site. They have all sorts of topographical challenges and crazy Californian regulations limiting them if you want to hold their feet to the fire.
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