To wrap up the year, we’ve taken a look at site lease expenses for each of the three public companies (Outfront, Lamar, and Clear Channel) in 2021. It would be helpful to pull out a copy of your billboard lease to compare how much your tenant is paying you. Site lease expense refers to the […]

Your lease is up for renewal and your tenant contacts you about a rate increase. Is the offer fair or not?   Base Rate Sometimes referred to as a minimum annual guarantee (MAG), a base rate is the rental income paid out to the landowner regardless of how the sign performs. In most cases, this

Last week, the Biden Administration passed a $1.2 trillion bill that includes one of the largest infrastructure packages in U.S. history. The focus of the investment is on smaller U.S. companies. The goals of the investment are to implement modernized infrastructure, increase ease of access to reliable internet, and be a source of support for

The above sign is located in West New York, New Jersey. It is a 20×10 one-sided digital. This billboard has an easement that would be included in the purchase price. You can view the listing here. Please contact us for more information. The second listing is located in Sarepta, Louisiana located along US-371. The sign

We suggest that all Landowners take a moment to review the termination notification requirements included in their billboard lease. Oftentimes, billboard tenants will include some cunning language that allows for the lease to automatically renew under the same terms unless notified prior to the lease expiration. Here’s an example we pulled from another lease: “This

Single-sided 12×40 bulletin display located along the I-85 just south of LaGrange, Georgia. You can learn more about the listing here. This opportunity includes a long-term lease with an advertiser who has been on the display for consecutive years. Contact us for more information.