If you want peace of mind, extend your cell tower lease.

Why should I consider extending my lease if I still have 10 years left on the current agreement?

During these uncertain economic times, it’s comforting to be able to lock in a steady stream of income for 30 years. Imagine how your long-term security will be improved by receiving a monthly check for whatever you need.

When is the best time to consider extending my lease?

If your ground lease has less than 30 years remaining, you should discuss a lease extension with Crown Castle. By adding more years to your lease, you are maximizing the opportunity for Crown Castle’s wireless tower site to attract new customers and remain a viable asset in Crown Castle’s portfolio.

This is an important aspect of securing your future revenue stream. Once your lease term drops below 10 years, our customers are less willing to invest money to upgrade equipment or to locate on our towers.

What happens to my lease upon my death?

It transfers to your heirs or new owners of the property.

What should I do when a third party contacts me regarding taking over my lease when the current agreement with Crown Castle expires?

You should first ask yourself whether or not this company will be around in future years. Smaller, third party firms often do not have the long-term viability of a larger, more established firm like Crown Castle. So, it’s important to consider if the company will be in business long enough to fulfill their promise to you.

Are there any incremental benefits to extending my lease?

We encourage everyone to contact us if their lease is 30 years or less so we can recommend the best way for you to secure your rental streams.

What is a ROFR and why does Crown Castle encourage them?

ROFR stands for Rights of First Refusal. This document (or lease section) basically says that if you ever want to sell your property, you will notify us first and we will have the right to match any offer.

This protects both of us. This gives us the confidence to tell carriers we’ll be in that location as long as necessary and it gives you the financial security that comes from a reliable revenue stream.