• Lot Number: 060224
  • Address: 5621 Town Hall Road, Delavan, Wisconsin 53115, USA
  • Type of Offering: Sealed Bid Auction of a 99 year site easment of a US Cellular owned tower in the Town of Delevan, Wisconsin
  • Carriers and Leases: US Cellular and DISH
  • Auction Structure: With Reserve
  • Bidding to Commence At: N/A
  • Earnest Money: N/A
  • Buyer Premium: N/A

5621 Town Hall Road, Delavan, Wisconsin 53115, USA

Auction Details

Lot Number: #060224

Bidding to Commence At: N/A

Auction Date: July 2, 2024

Auction Time: 2:00 pm CST

UNDER CONTRACT:  Cell At Auction LLC is pleased to offer the opportunity to acquire a 99-year US Cellular Site Lease easement In the Town of Delavan, Wisconsin. The Original site lease was entered into on October 22, 2014 between The Town of Delavan, Wisconsin and United States Cellular Operating Company, LLC. The initial term was for five years and there are an additional five (5) year renewal terms.   The initial rent was $1,000 per month and there is a 3% annual rent increase.   There is a co-location fee of 20% of the sublease rent and there is a Right of First Refusal (ROFR). The current rent for 2024 is $1,547.68/month or $18,572.16 annual and the current co-location tenant is DISH.   Offers should be submitted in the form of an executable Letter of Intent.  Delavan is a city in Walworth County, Wisconsin, United States. The population was 8,505 at the 2020 census.  The Polulation of the Town of Delavan is 5,273.  It is located 45 miles southwest of Milwaukee. The city is located partially within the Town of Delavan, but the two entities are politically independent. Delavan is home to Delavan Lake which brings in a large number of tourists each year, and is also close to Lake Geneva, another popular tourist destination.

These are some particulars: The Property address is: 5621 Town Hall Road

Delavan, Wisconsin 53115

Sealed Bid Deadline: July 2, 2024

Current Monthly Rent:      $1,547.58

Burton Blinick, Licensed Wisconsin  Auctioneer 

  • Instructions
  • Bidder Packet

Thank you for your interest regarding this cell tower/antenna. If you are interested in bidding on this asset and require more information, click on the tab labeled “Bidder Packet”. If you have questions regarding the due diligence either call Bud Blinick at 847-977-2314 or email Bud at budb@cellatauction.com.