Country Club, Golf Course, and Resort Properties: Is a Cell Tower Lease a Fit?
If you’re a country club, golf course, or resort property that has been approached with an offer for a cell tower lease, there’s a lot to consider about benefits and downfalls. When it works for the current business, adding the income from a cell tower lease can provide a nice supplement to your yearly revenue. However, there are several things to think about when adding a cell tower to your land or building is on the table. That’s what we’re here to help with at Cell Site Advisors. Our seasoned team of advisors is ready to help you navigate the cell tower lease negotiation process to ensure you reach a decision, and hopefully an agreement, that best serves you and your existing business.
Consider Your Guest Experience
When it comes to adding a cell tower to your existing location, it's important to consider the placement of the structure and any potential impacts it may have on the guest experience you provide. Whether it’s access needs for maintaining the structure, or a disruption in convenience during construction, these are all scenarios worth considering and finding solutions for before they impact the business you’re already doing. Cell Site Advisors can help you forecast and negotiate terms that take these circumstances into consideration.
Address Aesthetic Changes
Particularly for resorts, membership-based country clubs, and golf courses, it’s important to be aware of the draw of the aesthetics of what you offer. If the placement of a structure will ruin a popular scenic view for guests, it’s important to consider the cost of potentially losing unhappy customers. These are factors that should be included in the conversation during cell tower lease negotiation.
Be Open to Alternatives and Negotiation
When working with Cell Site Advisors to negotiate your cell tower lease agreement, remain open to creative problem-solving. Ideally, we’ll help you reach a deal that adds value to your business by helping you get a structure placed in an area that doesn’t compete with your existing revenue but adds value to your land and structures rather than risking the value.
Ready to work with Cell Site Advisors to negotiate your best cell tower lease agreement? If you’ve been approached by a telecom company and are considering their agreement, let us guide you through the process. Our team is ready and willing to work with you step by step from start to finish. We look forward to helping you make a deal!
About the Author
Ted Unkel is a principal at Cell Site Advisors, which specializes in negotiating telecom leases and transactions for property owners. He has more than 20 years of experience in the telecom industry, mostly working in nationwide negotiations on behalf of Crown Castle, a real estate investment trust that works with landowners and property owners on cell-tower leases and real estate infrastructure.