Tower and Lease Listings

Renne Ford Road North Carolina

Lot: 092322

Type of Asset: 99 year easement of an American Tower Site Lease

Carriers: Verizon

Date of Auction: September 23, 2022

Auction Time: CST

8499 Renee Ford Road, Stanfield, NC, USA

Cell At Auction LLC is pleased to offer the opportunity to acquire a 99 year American Tower site lease easement in Stanfield, NC.  The site lease was initially started in 2014 for five years at $1,000 per month.  There are five (5) additional five year renewal options.  The increase is 10% each renewal term.  The annual rent is due to be increased in 2024 to $14,520.  There is a Right of First Refusal.  Verizon is the current tenant on the tower.   Offers should be submitted in the form of an executable letter of intent .  There will be no mortgage on the property.  Stanfield is a town in Stanley County, North Carolina.

Sealed Bid Deadline:   September 23, 2023   Current Annual rent:   $13,200       

Burton Blinick licensed Real Estate Managing Broker and Auctioneer in Cooperation with Gordon J. Greene, CCIM Licensed North Carolina Broker.   

View Details

Type of Asset: Soon to be built new water tower

12421 Archer Avenue, Lemont, IL, USA

Contacts: Bud Blinick 847-977-2314

Cell At Auction, LLC D/B/A Wireless Bridge Partners, LLC has been retained by the Village of Lemont, IL to market and request proposals from carriers to deploy cellular antenna on this soon to be constructed water tower.   Village Administrator George Schafer said the Village has secured property near Archer Avenue and Derby Road for a public works location, including a new water tower, salt storage and other public works related needs.

A new water tower will be built in Lemont to help meet current water demands and serve future growth, Village officials stated.   At a recent meeting, the Village Board approved the issuance of $7.2 million in general oblicagion bonds to support water infrastructure projects.   

According to Bud Blinick, President of Wireless Bridge  Partners, LLC, water towers have become a primary resource for carriers to deply cellular antenna.   The structures are perfectly built to accomodate this technology and municipalities benefit from the welcome rent.   Cell At Auction, LLC had previously represented the Village of Lemont in the auction of T-Mobile site easements on their other water towers.   For a site plan please visit our website.

View Details

Barrington, Illinois

Lot: 04282022

Carriers: Verizon, T-Mobile, AT&T

Date of Auction: April 28, 2022

Auction Time: 2:00 pm CST

24582 West Miller Road, Barrington, Illinois, USA

Contacts: Bud Blinick 847-977-2314

  • UNDER CONTRACT  Cell At Auction LLC is pleased to offer the opportunity to acquire a 99-year Crown Castle Site Lease easement In Barrington, Illinois. The Ground lease was initially entered into in 1995 with Ameritech Cellular Services. There was a first amendment entered into in May 2008 extending the lease to fourteen renewal terms (until 2061) and inserting a Right of First Refusal. Verizon and T-Mobile are  attached on this tower. Offers should be submitted in the form of an executable Letter of Intent. There is no mortgage on the property. The site has its own PIN number and pays property taxes.   Barrington is a village in Cook County and Lake CountyIllinois.
  • These are some particulars:

Sealed Bid Deadline:  April 28, 2022

  • Current Annual Rent:  $ 9,663.12
  • Location:  24582 W. Miller Road, Barrington, IL
  • Burton Blinick, Licensed Illinois Real Estate Managing Broker and Auctioneer
  •  

View Details

Utica, Illinois

Lot: 022222

Carriers: SBA and Vertical Bridge

Date of Auction: February 22, 2022

Auction Time: 2:00 pm CST

600 Norman Street, Utica, IL, USA

Contacts: Bud Blinick 847-977-2314

CLOSED:  Cell At Auction, LLC is pleased to offer the opportunity to acquire two 99-year site lease easements in Utica, IL.   The SBA site lease was entered into in April, 2005 with Nextel West Corp.   The initial term was for 5 years with 5 (five) year renewal terms.   The initial rent was $1,400/month with 3% annual increases.   The current monthly rent is $2,246.57 and the current tenants are T-Mobile and Verizon.   The Vertical Bridge lease was originally entered into with Illinois Valley Cellular in 2006.   The initial rent was $1,000 monthly with 3% annual increases for a term of five years.   There are 4 (five) year renewal terms.   The current monthly rent is $1,525.64 and the current tenant is Illinois Valley Cellular.   There are no ROFR’S on either site.   Offers should be submitted in the form of an executable Letter of Intent and request that offers include marketing rights for a city owned water tower located at Exit 81-IL-178; Utica-Interstate I-80 Eastbound in Illinois and a revenue share opportunity for the site easements and water tower on an 80-20 basis (80% to Utica).  The water tower address is 823 E. US Hwy 6, Utica, IIL 61373.   The next rent increase for Vertical Bridge will be in August, 2022 and for SBA in July 2022.  Offers may be presented as the purchase of each site lease individually or collectively.  Utica, IL is a village in LaSalle County, IL  The current combined annual revenue is $45,266.52

 

View Details

Try Mac Towers

Lot: 070821

Type of Asset: Three 199' Lattice Towers in Eastern Pennsylvania

Carriers: Three Lattice Towers for sale via sealed bid

Date of Auction: July 8, 2021

Auction Time: 2:00 pm CST

482 Englesville Road, Boyertown, PA, USA

Contacts: Bud Blinick 847-977-2314

CLOSED:  Cell At Auction LLC is pleased to offer at sealed bid auction the opportunity to purchase three 199′ lattice towers already built and ready for carrier installation.   These towers were originally built 5-6 years ago with the intent to have Limitless Wireless as anchor tenant.  Two antenna installations were installed prior to Limitless Wireless filing for bankruptcy.   All three towers are on ground site leases and the ownership is current on payments.   An agreement (First Amendment) has been exeucted on the Boyerstown ground lease providing for one-half rent payments until the installation of the first carrier.   The seller has been making payments equal to 1/2 of the current rent on the Sunbury and Middletown, PA ground leases and as a condition to closing will make these two landlords whole and paid in full.  The towers are located in Sunbury, Boyertown and Middletown, PA.  Tower heights are 199′.  Offers must be presented in the form of an executable Letter of Intent.   There are no ROFR’s.  Please refer to the individual ground leases for payment and terms of the lease that are provided in the due diligence section of our website.   Offers may include the purchase of one, two or all three towers.  

These are some of the particulars:  Sealed Bid Deadline, July 8, 2021.   Locations:  482 Englesville Rd., Boyertown, 309 East Market Rd., Middleburg and 668 Edison Heights Rd, Sunbury, PA.   Burton “Bud Binick” licensed Illinois Managing Broker in cooperation with Gordon J. Greene, Licensed PA Real Estate Broker and Auctioneer.  

View Details

Harvey Illinois, T-Mobile Site Lease

Lot: 42321

Type of Asset: 50 year easement of a T-Mobile site lease

Carriers: T-Mobile

Date of Auction: April 23, 2021

Auction Time: 2:00 am CST

16050 Center Avenue, Harvey, IL, USA

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 T-Mobile Water Tower site lease in Harvey, IL The tower is city owned and operational. The original site lease was entered with Voicestream in May 2004 and commenced in February 2005. The initial term was for 5 years at $1,200 per month. There are five (5) additional five-year renewal terms with an increase of 15% per term. There is no ROFR (right of first renewal). The tower is located approximately 1 mile from a newly (in-construction) 855,000-square-foot Amazon facility which is at the intersection of I-294 and RT. 6 (159th street). Offers should be submitted in the form of a Letter of Intent and request that offers include marketing rights with a revenue share model. Harvey is a city south of Chicago in Cook County, Illinois, United States

These are some particulars:
Sealed Bid Deadline: April 23, 2021
Current Annual Rent: $21,900.60
Location: 16050 Center Road, Harvey, IL 60426
Burton Blinick, Licensed Illinois Real Estate Managing Broker and Auctioneer

View Details