Tower and Lease Listings

4624 S Ellis, Chicago Il 50 Year Easement

Lot: 1262001

Type of Asset: 50 Year Easement

Carriers: AT&T

Date of Auction: 01-26-2020

Auction Time: 12:00 pm CST

4624 S Ellis, Chicago, Il 60653

Contacts: Bud Blinick 847-977-2314

UNDER CONTRACT: Cell At Auction LLC is pleased to offer the opportunity to acquire a 50-year easement of an AT&T structural lease agreement in Chicago, IL The original lease was executed in November 2013 by New Cingular Wireless PCS and a prior apartment building owner. The original lease term was for five (5) years with four (4) additional five (5) year renewal options. The initial rent was for $19,200 annually, paid monthly. The rent will increase by three percent (3%) over the rent paid over the previous year. Under the current terms the lease will expire in 2038 if all renewals are exercised. AT&T has the right to match the high bidders offer to purchase the rental stream offer. Special consideration will be given to offers that provide for a revenue share for additional wireless carriers. The property is located near the border of Hyde Park and Kenwood Historic neighborhoods. All offers should be presented in the formal of an executable Letter of Intent.

These are some particulars:
Sealed Bid Deadline: January 26, 2020
Current Annual Rent: $ 22,258
Location: 4624 S. Ellis, Chicago, IL
Buyer’s Premium:
Burton Blinick, Licensed Illinois Real Estate Managing Broker and Auctioneer

Details

Rockingham NC 50 Year Easement

Lot: 22720

Type of Asset: 50 Year Easement

Carriers: Verizon Wireless

Date of Auction: 02-27-2020

Auction Time: 12:00 pm CST

119 S Lawrence St, Rockingham, NC 28379

Contacts: Bud Blinick 847-977-2314

Cell At Auction LLC is pleased to offer the opportunity to acquire a 50-year easement of newly executed Verizon Wireless site lease located on a city owned water tower. This is an active operational water tower. The lease was just entered into on November 15, 2019. The tower is located at 119 S. Lawrence Street, Rockingham, NC. The lease initial term is for five (5) years and there are four (4) successive five (5) year renewal terms. The initial rent is $1,950 per month and the annual rent increases are equal to 10% of the annual rental in effect during the last year of the immediately preceding 5-year term. The scheduled final installation date is ___________________. There is a ROFR (right of first refusal). Rockingham is a city in Richmond County, North Carolina and is the county seat of Richmond County. All offers should be presented in the form of an executable Letter of Intent.
These are some particulars:
Sealed Bid Deadline: 2/27/20
Current Annual Rent: $23,400
Location: 119 S. Lawrence Street, Rockingham, North Carolina 28379
Buyer’s Premium: 6%
Burton Blinick, Licensed Illinois Real Estate Managing Broker and Auctioneer in Co-operation with Gordon Greene Licensed North Carolina Broker

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

UNDER CONTRACT: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. Rent is scheduled to increase in Feb. 2020 to $18,250
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

Date of Auction: 07-01-2020

Auction Time: am CST

Water Tower Opportunities, ,

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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