It is our job to keep our finger on the pulse of the market at all times! We provide you an immediate estimate based on up-to-date prices, along with competitive offers to purchase your cell tower lease.
A buyout is when a property owner who has a cell tower lease that pays them rent, sells their right to receive rent to a buyer for an agreed-upon price and period of time. Having closed over one hundred sales transactions, we offer an unparalleled depth of experience available to property owners. The majority of buyouts are the seller granting the buyer an easement for a period of 50 or 99 years. The minority of transactions involve granting an assignment of the lease only for a period of 30 years or less. The reason being sellers receive the maximum purchase price if they opt for the longer-term transaction.
A 1031 exchange is a popular option for sellers of cell tower leases looking to defer taxes. Under Section 1031 of the United States Internal Revenue Code (26 U.S.C. 1031), a taxpayer may defer recognition of capital gains and related Federal income tax liability on the exchange of certain types of property. It is the opinion of many accountants that if structured correctly a buyout transaction qualifies.
To perform a 1031 exchange step one is to engage a cell tower lease expert such as Airwave Advisors to assist you in putting together a transaction that most benefits you the seller. The next step would be to engage your CPA to ensure your CPA is on board with the proposed transaction deal structure. Finally engage a 1031 exchange services company. The sales proceeds from your transaction will need to be wired to the 1031 exchange provider, not your personal or business bank accounts.
The value of your cell tower lease will depend on the tenancy (AT&T, Verizon, T-Mobile, Sprint, etc.), the rent, the rent escalator, and the time remaining on the agreement. Location and installation type also are important factors, however, tenant credit grade and the economics of the contract are paramount.
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.
Investors on wall street view cell tower leases that have AT&T, Verizon, T-Mobile, and Sprint as tenants on the tower, as investment grade. As such, investors seek to purchase cell tower leases looking for a specific return on their investment. If the sales price meets or exceeds their target return they will purchase the lease. If a seller has unreasonable expectations for price, buyers will pass on the opportunity and deploy capital to other opportunities that meet or exceed their goals. The companies are calling you because you have a contract they would like to purchase as an investment.
It depends on who you sell the lease to and at what price. If you sell the lease significantly under market it is highly likely the buyer will turn around and sell the contract to another party the following day. By example if you sold your cell tower lease for $200,000.00 and it was actually worth $400,000.00, the buyer will likely turn around and sell it to another buyer the following day to make a quick and easy $200,000.00 profit. To make sure you do not leave money on the table, contact Airwave Advisors today!
Property owners sell their cell phone lease agreements for many reasons. A cell tower lease is a technology based lease agreement. One day in the future the lease will be terminated when there is no longer a need for cell towers, or the specific cell tower is no longer needed. That is why 90% of leases have termination rights allowing the tenant to terminate the lease agreement in 30 days.
The answer will be specific to the seller. Do you believe your cell tower lease will still be in place 30 or 50 years from now Do you believe we will still be using cell towers as a technology 30 or 50 years from now Feel free to give us a call to discuss further.
Cell phone companies prefer to work with property owners who do not know much about cell towers or cell sites. When the lease is sold to a knowledgeable buyer in the industry, the cell phone companies cannot play anymore games. They are matched up with a landlord who knows their business well and who will typically seek to capitalize on any mistakes they make.
If you receive a phone call or letter in the mail to purchase your cell tower lease, nine times out of ten it will be below market. Why Because the individual reaching out to you is typically paid commission which is calculated on how low he can purchase a cell tower lease for. By example, if your cell tower lease is worth $500,000.00 and the individual sends you an offer to purchase your cell tower lease for $200,000.00. If you agree, the individual just got a steal and will make a huge commission on the low price upon which they just purchased the cell tower lease from you.
Yes, think of term like a lever with price. If you agree to a buyout of 99 years, you push the lever up and get the most amount of money. If you want to sell for 20 years, you pull the lever down and you get less money. Term is always negotiable to meet your needs. The question you have to consider is do you want to receive the most amount of money in the deal, or for some reason do you want to take back control of the cell tower lease in the future
Yes. Years ago many cell tower leases when sold went to two major shops and then over night they one by one turned off the lights. They went out of business and it did not come as much of a surprise to many. They purchased cell tower agreements at a premium price towards the end of their business model, and it was unsustainable.
A common question we receive with cell phone tower lease valuations is what is the cell phone tower discount rate We receive calls from appraisers and those determining value of cell towers daily. To discuss what the value of your cell tower lease is. Give us a call and we can quickly provide you a sales price figure.
Yes. If two major companies propose to merge, such as a Sprint and T-Mobile, then buyers will typically pull back on buying leases where those companies are the tenant. History has shown us that when two wireless companies merge they shutdown tens-of-thousands of cell sites across the country. This turns your once monthly rent check and multi-hundred thousand dollar valued lease into the value of nothing over night.
The Federal Reserve decided last year to lift its interest-rate target from near zero, seven years after it pushed its benchmark rate to the floor during the financial crisis. How does this historic movement affect your cell tower lease for years to come
I am pleased to write this letter and to share the Nine Mile Falls School District's experience with Mr. Nick Foster & Airwave Advisors. We currently have a cell tower located on our high school campus. Cell tower leases and for that matter, the cell tower industry is not something that is in our normal scope of business. Approximately two years ago, we were contacted by a representative from Crown Castle to negotiate an extension of the lease. At this time, we felt that it was necessary to contact an expert in the field that would represent the district's best interest moving forward.
Very grateful and satisfied customers!!!We realized a huge benefit by employing Nick and Airwave Advisors! He is extremely prompt in responding to the questions and concerns that developed through out the process. The terms we were originally offered for the option and lease agreement by the cell tower company were increased an additional 140% with built in inflation escalators and the elimination of non-beneficial lease terms. He kept us safe and worked out a great agreement. As an added surprise we even received an additional upfront one time payment equivalent to 2.7 years of lease once construction started.
Our club had been contacted by AT&T about possibly buying out our lease. They were trying to strong arm us into taking the deal, luckily we found Nick Foster and his company Airwave Advisors. Nick negotiated two different deals for almost $100,000 more than what AT&T offered us. Nick was there for us anytime we called. We were pleasantly pleased with our transaction so much so that we passed Nick's name on to others. We trust and endorse Airwave Advisors for your cell tower lease transaction.
I want to thank you for the work you have performed for Cypress Office Properties related to our cell site leases. Your wealth of knowledge has assisted us in better understanding the cell site tenant base, and in increasing our cell site NOI.
I first started talking with Nick about three years ago about our cell tower lease renewal. When negotiations started in earnest, Nick worked tirelessly to obtain a fantastic deal for us, literally doubling our rent and getting several extra benefits as well. Nick is easy to work with and supremely competent. We could not have gotten this deal without him.
Since founding Airwave Advisors in 2014, Mr. Foster has added value to over 400 clients ranging from the State of Nevada, City of Beverly Hills, to Habitat For Humanity. Mr. Foster focuses on cell tower lease renewals, buyouts, new lease negotiation, and cell site lease management. Prior to starting Airwave Advisors Mr. Foster founded and led the Cell Site Services Group within nationwide commercial real estate services leader Cassidy Turley (now known as Cushman & Wakefield).
We combine our legal knowledge, with our industry understanding, to add strategic value to your cell tower opportu