We strongly encourage landowners who have been approached about a possible cell tower lease to consult with industry experts to negotiate the best deal possible. There are three crucial elements to take into account: 1.) The terms of the cell tower lease 2.) The viability of other potential locations for cell tower sites 3.) The cost and timeline of construction on your site in comparison to those of alternative sites. We have industry experts that are prepared to speak with you to strategize the best arrangement possible.
Your advisor will perform a comparative analysis in your area to help you weigh all of your options and ensure you’re getting the greatest offer that satisfies all of your individual requirements.
A cell tower lease agreement can provide property owners with not only better cell service for themselves, but more importantly, it will provide a valuable passive income stream for decades to come. It is important to work with experts in the field to insure you are getting the best deal!
It is dependent on the terms of your lease and if there is a clause in your contract that works in your favor if this situation arises. In most existing tower leases we asses, tower owners or wireless carriers aren’t required to pass on revenue that they receive from collocating space on their towers, even though it may seem like this is unfair due to an increase in traffic on your land.
It is possible, however, to get more rent if more ground space is required for additional equipment or the deployment of new base stations. It’s also possible to negotiate more rent if or when your lease is close to its expiration date (in some cases even within 5-10 years).
The tenant should always pay for any personal property taxes or real property taxes that are owed due to their improvements on the property or the erection of a cell tower. We would strongly advise against signing a contract that makes you liable for the tower’s tax obligations. This is another reason why it is important to consult with an experienced advisor. Our team includes an experienced attorney to create, review, or amend new and existing cell tower lease agreements.
There are several factors that can affect the value of your cell tower lease including but not limited to: scheduled rent, the size of your leased premises, and the location of your property. Contact us for an expert opinion.
There are no set averages to determine current cell tower lease rates; they are based on a number of differentiating factors. Some factors include the site’s capacity and coverage, location, level of competition, and alternative options. Cell Site Advisor experts are experienced and prepared to research and negotiate fair rates based on your unique situation.