I'm looking at buy an office building that has a cell tower on it. The tower with fenced area butts up against the building. Problem is there is no monthly lease. The owner received a lump sum for a 25 year easement. How does this impact the value of the property. Once I finish the overdue maintenance, roof etc. it will be worth 700K or so.
Call us. We need to ask you a few more questions before we can guide you with the right information. We want to make sure that you are protected by the existing agreement before you purchase the property. Out initial consultation is free.
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