If you ve got lots of unused space on the ground or on top of a building you own you could have a gold mine waiting to be.
Cell tower land lease.
Land for tower sites.
Getting a cell tower on your property unless you have already been contacted by a wireless carrier or tower company who has expressed explicit interest in leasing a parcel of your land.
This type of cell tower land lease usually does not involve the primary property owner unless the property owner is also the tower company or carrier.
The financial strength of verizon can benefit you as a credit worth tenant ready to pay you rent.
With a market cap of over 133 billion verizon wireless nyse.
How long of a contract should you agree to.
In addition the increasingly competitive cell tower development market should benefit the land owner in the long run.
It does not mean that the wireless carrier owns the property or has the same rights as the owner to the property.
Must provide 24 hour access 7 days a week 365 days a year to all portions of the facility.
Rooftop lease like a collocation lease a rooftop cellular lease is the method used when the carrier does not own the structure in which they wish to install their transmission equipment.
Property should be within a zoning classification that allows communication structures.
Lease buyouts usually referred to as lease prepayments are just a one time payment made to the property owner establishing the cell tower lease arrangement.
Years ago tenants would present contracts that were a maximum of 20 25 years which is a very long time.
Unfortunately when a property owner enters into discussions with cell tower lease professionals who do this for a living they are outmatched from day one.
Thousands of cell tower leases over the course of their career.
Vz is the 800 pound gorilla however do not fear.
Marketing your cell tower or cell site to carriers because you think it s valuable and would make a good location for a cell site.
Cell tower land lease rates are important but so is the increase rate of the cell tower lease.
Cell tower leases could pay out anything from 10 per month for small niche carriers to more than 10 000 a month with the larger companies.
Cell tower leases are agreements between companies like at t verizon t mobile and landowners or organizations allowing tower companies use of land in exchange for rent through a long term agreement.
In 2020 cell tower lease rates should adjust upwards with the deployment of 5g technology.
Should provide a leased area approximately 100 x 100 should be no more than 100 to 500 feet from a paved public street.
Typical cell tower lease rates from a major management company could hit around 15 000 a month depending on location and space.
The carrier s have cell tower lease experts on their side who negotiate hundreds of deals per a year.
