Leveraging Market-Rate Benchmarks and 5G Upgrade Clauses in Lease Extensions
As 5G continues to expand, the opportunity for landowners with a cell tower lease agreement expands as well into the chances of 5G upgrade clauses and lease extensions. Working with experts like Cell Site Advisors ensures that you have the power of our experience and industry connections working alongside you when the time comes to negotiate renewals. Our critical understanding of the market, current trends in the industry, and the going lease rates work in your benefit every time, especially compared to trying to negotiate alone.
Cell Site Advisors Sets the Bar for Cell Tower Lease Value Negotiations
Thanks to our 20+ years of experience, Cell Site Advisors enters all cell tower lease negotiations with a deep understanding of industry standards and current market rates. We audit local leases and use the comparisons to help you leverage the best possible outcome on a cell tower lease agreement extension. One thing is for sure, we use facts and data to back up our negotiations for results that prove the value of your lease and land.
Cell Site Advisors Helps You Monetize Technology Upgrades
When it’s time to upgrade your site for 5G, our team works hard to negotiate any necessary added fees and amendments for things like new equipment installation or site expansion as a result of the upgrade. This additional revenue can arrive in a few different ways. In some cases, a lump sum payment might be agreed upon for expansion or upgrade. In other cases, incremental rent adjustments may occur as new technology is deployed from the cell tower site. Our job when renegotiating your extension is to include upgrade clauses that are designed to protect you from missing out on carrier changes that should increase your rental income.
Cell Site Advisors Helps Protect You By Leveraging Relocation Costs
In addition to helping you renegotiate extensions and upgrades, Cell Site Advisors also helps protect your lease in the future by adding clauses like inflation-proof rent escalation clauses and decommissioning payments to reduce the chance of vacating your land. We do this by collecting data and measuring the cost to the carrier if they were to vacate and presenting them with a better offer that still benefits you, the landowner. Our goal is simple, to negotiate deals that protect your financial security and reduce the risk of cell tower lease termination.
Don’t try to negotiate alone. Cell Site Advisors is here to assist! Contact us today for a free consultation.
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.