3301 Twin View Boulevard, Shasta Lake, CA 96019, USA

Cell At Auction LLC presents a unique opportunity to acquire an Octagon Tower ground lease site easement in Shasta Lakes, California. The city of Shasta Lake, known as Central Valley, is a city in Shasta County, California, United States. It is the closest settlement to Shasta Dam and Shasta Lake reservoir, which are popular tourist destinations. The original site lease option was entered into in September 1996. The initial term was five years with nine (9) successive three (3) year period options. A first amendment increased the rent by 15% at the beginning of the first extension term and by 10% at the beginning of each succeeding extension term. The second amendment dated 7/6/99 stated that the rent shall be increased (modified from the original option) to $450 per month. The final lease expiration is January 31, 2032. There are currently two carriers on the tower, AT&T and T-Mobile. Offers must be submitted in the form of an executable Letter of Intent.
There is no Right of First Refusal.

These are some particulars:

The Property address is:  3301Twin View, Shasta Lakes, CA 96019

Latitude:  40.6510171

Longitude:  -122.3585544

Sealed Bid Deadline: March 31 2026
Current monthly Rent: $ 1008.46.
Burton Blinick, Licensed Real Estate Managing Broker and Licensed California Auctioneer