Posted by Larry on September 26, 2007, 12:53 am, in reply to "central office ground lease" --Previous Message--
I have a relative that gets 750 a month for a cell phone tower on his land. Also the contract calls for a increase by the renter if his personal property taxes go up. It is probably taking a more space with the guy wires to the tower. Larry
: My father in law owns a small farm and has
: been leasing a central office to Verison
: telephone company in northern Wisconsin for
: 20 years. The central office is a small
: metal building 8 feet by 10 feet with a lot
: size of 100 feet by 50 feet and easement to
: the county road. What would be a reasonable
: anual lease amount? Right now he is only
: getting about $800 per year.
:
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