Tower and Lease Listings

7362 Hwy 9, Felton, CA

Lot: 063023

Type of Asset: 99 year easement of a Crown Castle Site Lease

Carriers: Crown Castle

Date of Auction: June 30, 2023

Auction Time: 2:00 pm CST

7362 Hwy 9, Felton, CA, USA

CLOSED:  Cell At Auction LLC is pleased to offer the opportunity to acquire a 99-year Crown Castle Site Lease easement In Felton, CA.  The initial site lease was entered into in April, 1999 between a prior landlord and SBA Tower Holdings.   The current site lease started in December 2019 between the current landlord and CCTM LLC, a Delaware LLC and expired in April, 2019 and at the conclusion of the initial term, lessee is entitled to five (5) extensions of five (5) years with the final renewal term expiring on April 29 2044.   There is a 3% annual renewal rent increase.  The current rent as of March 28, 2023 is $1,618.15 monthly.  The payment is broken down as $1,493 rent and $125 reimbussement for utilities.  This LL has a MW reflector system and 1 equipment cabinet partially on ground and on the roof. There is a Right of First Refusal.  Felton is a census-designated place in Santa Cruz County, California, United States. 

 

These are some particulars:

 

 

Sealed Bid Deadline;     June 30, 2023

Current Annual Rent:  $ 19,476

 

Burton Blinick, Licensed Real Estate Managing Broker and Auctioneer in Cooperation with Todd Good Licensed California Broker License # 01165221

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965 Mission Street, San Francisco, CA, USA

Cell At Auction, LLC D/B/A Wireless Bridge Partners, LLC offers cellular carriers and other wireless companies the opportunity to locate antenna and other wireless devices in the heart of the Mission District, San Francisco, CA. Located at 965 Mission Street. Join already existing tenants, T-Mobile, Monkeybrains ISP, Nextnav GPS and Level 3 Communications. For more information call Bud Blinick at 847-977-2314 or visit our website at cellatauction.com.

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4045 Bonita Road, Bonita, CA

Lot: 050523

Type of Asset: Perpetual easment of AT&T, Verizon and T-mobile site leases

Carriers: T-Mobile, AT&T, Verizon

Date of Auction: June 9, 2023

Auction Time: CST

4045 Bonita Road, Bonita, CA, USA

Cell At Auction, LLC offers this unique opportunity to purchase perpetual easements for  Verizon, AT&T and T-Mobile rooftop site leases in the San Diego area.  

AT&T:  This lease was entered into in 1996 with GTE Mobilenet at an initial rent of $694 monthly for five years with a couple of renewal options and annual rent increases based on CPI.  Most recently the second amendment was entered into with a commencement date of October 1, 2011, for five years with five (5) additional five year extensions.   Starting October 1, the rent was set at $1,300 per month with 3% annual increases.   The current monthly rent is $1,799.50. 

T-Mobile:  This site lease was signed in August of 1996 and commenced on August 1, 1997.   The initial rent was $500 monthly for five years with two additional five year renewal options.   The annual rent increases was based on CPUI with a limit of no greater than 5%.   Subsequently there was a first, second, third, and lastly fourth amendment.   The fourth amendment provided a rent increase to $1100 monthly for five years with two additional five year options.   This commenced on May 1, 2011. Should T-Mobile renew this including these options, the rent will expire in 2026.   The current monthly rent is $2,213.  

Verizon:  This site lease was entered into on September 29, 2016, and is the most current of the leases.  The initial rent was $2750 monthly with 3% annual increases.   The initial term was for five years with an additional four (4) five year renewal terms.   There is a 3% annual rent increase.   This is the highest rent of the three current tenants.  The current monthly rent is $3,283.64.

TOTAL CURRENT ANNUAL REVENUE:  $87,563.

DISH:   Current talks are under way with representatives of DISH Wireless for a new rooftop site lease.   Offers may be submitted with a value predicated on a valuation of the final negotiated terms of this lease.  

In Cooperation with John E. Rapp  Rapp BRE Lic. # 01380453

 

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Northlake Illinois

Lot: 04052023

200 Parkview Drive, Northlake, IL

Cell At Auction LLC D/B/A Wireless Bridge Partners, LLC has been retained by the City of Northlake, IL to market two city owned water towers for the purpose of attracting wireless cellular tenants.   One tower already has T-Mobile as tenant.   

Water Towers has become a staple of the carrier industry for the deployment of antenna.   Municipalities across the country have welcomed these tenants.   These structures are perfect for carrier installation and the municipalities welcome the revenue and enhanced coverage for their residents.   

200 Parkview Avenue, Northlake, IL   Located  adjacent to a playground in a residential area.  Latitude:  41.5431.28 N   Longitude:  87.5344.40 W

605 Northwest Avenue, Northlake, IL   Located adjacent to heavily traveled I 294 Latitude:  41.5531.94 N   Longitude:  87.5511.33W

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McElhattan, PA

Lot: 031023

Type of Asset: 99 Year Easment of an SBA Tower

Carriers: T-Mobile

Date of Auction: March 10, 2023

Auction Time: CST

Wayne Township, Clinton County, PA, USA

CLOSED: Cell At Auction LLC is pleased to offer the opportunity to acquire a 99-year SBA Site Lease easement in McElhattan, PA.   The original site lease was entered into in 2001 between Big Woods Land Company, Fritz Road, McElhattan, PA and SBA Properties, A Florida Corporation. The current monthly rent is $1,399.20.   The initial term was for five (5) years and automatically renewed for up to ten (10) additional five (5) year terms.   The commencement date is 9/12/2001.  The initial rent was $800 paid monthly.   Beginning on the sixth year and for each renewal term the rent will increase 15%.   There is a Right of First Refusal.  There is one carrier tenant attached on this tower.  Offers should be submitted in the form of an executable Letter of Intent.  There is no mortgage on the propertyMcElhattan is a census-designated place (CDP) in Wayne Townshipus in southern Clinton County, Pennsylvania,

These are some particulars:

Location:  A certain parcel  of land at Reservoir Rd. (Tax Parcel ID NO. 02-01-0039A) McElhattan, Clinton County, Wayne Township, PA

Sealed Bid Deadline:  March 10, 2023

Current Annual Rent:  $ 16,790

Latitude

41.1423

Longitude

-77.3405

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

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50 N Brockway St, Palatine, Illinois 60067

Lot: 092122

Type of Asset: Office Building cellular antenna rooftop opportunity

50 N Brockway St, Palatine, Illinois 60067, USA

Cell At Auction LLC, DBA Wireless Bridge Partners, LLC has been retained by Urban Associates, LLC to market and request proposals from carriers to deploy cellular antenna on this office building located in the heart of downtown Palatine, IL.  

Located at 50 N Brockway St, Palatine, Illinois  60067, this Five Story, 41,343 Square foot building is Located directly across from the Palatine Metra Train Station.

According to Bud Blinick, President of Wireless Bridge Partners LLC, mid -rise office buildings have become a primary resource for carriers to deploy cellular antenna.   The structures are perfectly built to accommodate this technology and property owners welcome the additional revenue.

Per Bob Qualkinbush, Principal of Urban Associates, “We have several carriers deployed on our other properties and have always found them to be great tenants.   We retained the services of Wireless Bridge Partners for their knowledge of the marketplace and provide us with the best opportunity to attract carriers”.

For more information, please visit our website at www.cellatauction.com

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