Tower and Lease Listings

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

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

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 property.  McElhattan 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

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

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

425 Division Street, Lockport, IL, USA

Contacts: Bud Blinick 847-977-2314

CLOSED: Cell At Auction LLC is pleased to offer the opportunity to acquire three 99-year Site Lease easements In Lockport, Illinois.   

Police Station.  Crown Castle. CLOSED  This site lease was originally entered into in June 1996 at a monthly rent of $450.  The rent was to adjust every five years based on CPI and was not to exceed 20% each renewal term.   The initial term was 5 years with three (5) year renewal terms.  The First Amendment dated September 30, 2005, provided for a new start date of September 1,  2006 for five years with three additional (5) year terms.   The rent was at $540 per month with a 10% rent increase every five years.   A second amendment was signed on November 22, 2016, with the successor as Crown Castle with the current extension term expiring in August 2021.  This amendment provided for six additional five (5) year renewal terms and a 15% revenue share for any additional tenants and the annual rent increases was changed to 2.5% annually. The current monthly rent is $927.76 or $11,133.13 annually.  

Division Street:   American Tower sites.     Regarding site # 304447. A second amendment was executed in October 2015.   At that time the lease terms were extended to include three(3) additional five (5) year renewal terms.  The rent was fixed at $2200/month commencing on October 26^th, 2017, with 3% annual increases.  The current monthly rent is $2550.39 or $30,604.68 annually.  Also included is an annual revenue share of $2,472 from Northern Illinois Gas.   Regarding site # 303912, the current monthly rent is $2,050 or $24,600 annually.  Commencing March 2023, and for each of the additional five (5) five year additional terms, there will be a 10% increase in rent

There are ROFR’S for all three sites.     Offers should be submitted in the form of an executable Letter of Intent and be presented as the purchase of each site lease individually and/or collectively.  Lockport is a city in Will County, Illinois, located 30 miles southwest of Chicago

These are some particulars:

Sealed Bid Deadline:  December 16, 2022

Current Annual Rent:  $68,809.81 (combined)

Location:  1212 S. Farrell Road and 425 Division Street, Lockport, IL

Burton Blinick, Licensed Illinois Real Estate Managing Broker and Auctioneer

8499 Renee Ford Road, Stanfield, NC, USA

CLOSED:  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.