Tower and Lease Listings

Dent MN Lattice Tower For Sale

Lot: 071619

Type of Asset: Lattice Tower and Easement

Carriers:

Date of Auction: 08/30/2019

Auction Time: 12:00 pm CST

Section 23 Township 136 North Range 41 Otter Tall County MN, Dent, MN 56528

Contacts: Bud Blinick 847-977-2314

CLOSED: Cell At Auction LLC is pleased to offer the opportunity to acquire a 160’ lattice tower constructed in 2010 and execute a 99-year easement in Dent, Minnesota. This tower is improved with a Polaris 39.9 Turbine. The Generator in the turbine has a short and needs to be taken down and re-wired. The Turbine is locked in position and the blades are locked in position. The Blades and/or turbine could be removed from tower. The turbine had 4 years of intermittent operation. The tower was constructed by a private party and will be best served and owned by a qualified tower operator/owner. Elevation is 1403.6 feet. Which is a relative area high point A final set of tower drawings is available in the due diligence section of our web site.

Details

Gurnee Illinois 2 Cell Towers

Lot: 201901

Type of Asset: Two Cell Towers

Carriers: T-Mobile Sprint

Date of Auction: 02-26-2019

Auction Time: 12:00 pm CST

100 OPlaine and 1151 Kilbourne Ave, Gurnee, IL 60031

Contacts: Bud Blinick 847-977-2314

CLOSED Cell At Auction LLC is pleased to offer the opportunity to acquire two cellular towers and execute 50-year easements of Village of Gurnee, IL owned towers. The first one is located at 100 O’Plaine Rd adjacent to the Police Station. This 135’ tower was constructed in 2008 by T-Mobile, which is the current carrier. The lease commenced in 2008 at $24,000/yr. with 3% annual increases. The initial term is 5 years with 5 additional five-year renewal terms. The current rent is $32,254. The second tower is located at 1151 Kilbourne Rd. This 150’ tower was constructed in 2001 by Sprint. Currently there are two carriers. The Sprint lease commenced in 2001 at an annual rent of $21,000. The initial term was 5 years with 5 additional five-year renewal terms with 15% rent increases each renewal term. The current rent is $31,939. The T-Mobile lease commenced in 2004 at $24,000/yr. with 20% rent increases each renewal term. The current rent is $34,560. The Village of Gurnee will give special consideration for any offers that provide for a revenue share for any additional subtenants that may be installed on the towers. Gurnee is located in Lake County, IL as is part of the Chicagoland metropolitan area.
These are some particulars:
Sealed Bid Deadline: February 26, 2019 at 1:00 PM CST
Current Annual Rent: $98,753
Location: 100 O’Plaine Rd. and 1151 Kilbourne Rd., Gurnee, Illinois
Buyer’s Premium: 3%
Burton Blinick, Licensed Illinois Real Estate Managing Broker and Auctioneer

Details

Northlake Illinois 50 Year American Tower Easement

Lot: 201902

Type of Asset: 50 Year Easement

Carriers: AT&T

Date of Auction: 02-26-2019

Auction Time: 1:00 pm CST

100 W Palmer Road, Northlake, Il 60164

Contacts: Bud Blinick 847-977-2314

CLOSED: Cell At Auction LLC is pleased to offer the opportunity to acquire a 50-year easement of an American Tower owned tower site lease. The lease was originally entered into in August 1990 with Cellular One-Chicago. A Sublease Agreement with Southern Towers Inc, predecessor to American Towers was entered into in 2000. The current second amendment was signed in 2017. The annual rent was amended to $21,600 for a term of 15 years. In August 2020 the rent increases to $24,900. The term extensions were modified for up to eight (8), five (5) year automatic renewal periods with a 15% rent increase each renewal term. There is a ROFR (right of first refusal). Northlake is a city in Cook County, Illinois. The tower is located on the site of the Northlake Public Works facility. AT&T is the current tenant.

These are some particulars:
Sealed Bid Deadline: February 26, 2019
Current Annual Rent: $21,600
Location: 100 W. Palmer Road, Northlake, IL
Buyer’s Premium: 7%
Burton Blinick, Licensed Illinois Real Estate Managing Broker and Auctioneer

Details

Prospect Heights IL Vertical Bridge 50 Year Easement

Lot: 1118

Type of Asset: 50 Year Easement

Carriers: T-Mobile

Date of Auction: 11-18-2018

Auction Time: 12:00 pm CST

801 Elmhurst Rd, Prospect Heights, Il 60070

Contacts: Bud Blinick 847-977-2314

CLOSED: Cell At Auction LLC. is pleased to offer the opportunity to acquire a 50-year easement of a Vertical Bridge owned tower site easement. The lease was originally entered into in March,1996 with Primeco, LP, who became US Cellular whose Chicagoland tower portfolio was purchased by Vertical Bridge in 2015. An amendment was signed in 2005. The annual rent increased to $12,960 with 4% annual increases. The term extension was modified for up to three (3), Five (5) year automatic renewal periods. The landlord entered into a site lease with VoiceStream (now T-Mobile) in 2001. The initial rent was $1,000 annually with 4% increases per each renewal term. The initial term was for 5 years and there are five (5) additional five -year renewal terms. There is no ROFR (right of first refusal). The landlord will give special consideration for any offers that provide for a revenue share for and additional subtenants that may be installed on the tower. The site is adjacent to the high traffic Palatine Expressway in Prospect Heights, IL
These are some particulars:
Sealed Bid Deadline: November 18, 2018
Current Annual Rent: $34,247
Location: 801 Elmhurst Road, Prospect Heights, IL
Burton Blinick, Licensed Illinois Real Estate Managing Broker and Auctioneer

Details

Sheffield Lake Ohio 50 Year AT&T Easement

Lot: 12191901

Type of Asset: 50 Year Easement

Carriers: AT&T

Date of Auction: 12-19-2019

Auction Time: 12:00 pm CST

5115 Lake Rd, Sheffield Lake, OH 44054

Contacts: Bud Blinick 847-977-2314

Cell At Auction LLC is pleased to offer the opportunity to acquire a 50-year easement of an ATT rooftop lease agreement in Sheffield Lake, Ohio, east of Cleveland along the shore of Lake Erie. The original lease was executed in 1998 by Ameritech Wireless Communications, Inc. and a prior apartment building owner. The original lease term was for ten (10) years and two (2) additional five (5) year renewal options. The initial rent was for $12,000 annually. The rent for the first renewal term increased to $13,800 annually and for the second renewal term $15,876 annually. A first amendment was executed in January 2015 and a second amendment executed in May 2016. Under the current terms the lease will expire in 2030. AT&T has the right to match the high bidders offer to purchase the rental stream offer. The lease provides for the landlord to receive 50% of any payments made by additional tenants, therefore the new easement purchaser will have the opportunity to generate additional revenue as well. Sheffield Lake is a city in Lorain County, Ohio, United States.
These are some particulars:
Sealed Bid Deadline: __December 19_____, 2019
Current Annual Rent: $ 17,544
Location: 5115 Lake Road, Sheffield Lake, Ohio 44054
Buyer’s Premium: 6%

Burton Blinick, Licensed Illinois Real Estate Managing Broker and Licensed Ohio Auctioneer

Details

Water Tower Antenna Opportunities

Lot: 62701

Type of Asset:

Carriers: Any

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Contacts: Bud Blinick 847-977-2314

Cell At Auction LLC d/b/a Wireless Bridge Partners LLC, is pleased to offer the opportunity for telecommunication carriers and other wireless companies to deploy their antenna on four well located water towers that are all municipal owned in the Greater Chicagoland Area. Wireless Bridge Partners is representing the Village of Lemont, the Village of Pingree Grove and the City of Northlake, IL. The towers are located at the following addresses along with Latitudes and Longitudes. Photos are provided in the due diligence section of our web site.
These are some particulars:
1143 State Street, Lemont, IL 60439
Latitude: 41.657998
Longitude: -87.999439
1226 Promontory Drive, Pingree Grove, IL 60140
Latitude: 42.084657
Longitude: -88.453236
605 Northwest Ave. Northlake, IL 60164, 60165 (along I-294)
Latitude: 41.925126
Longitude: -87.918006
200 Parkview Ave., Northlake, IL 60164, 60165
Latitude: 41.908676
Longitude: -87.895542
Burton Blinick, Licensed Illinois Real Estate Managing Broker and Auctioneer

Details

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