What are the going 2019 cell tower lease rates? How do I know what to negotiate to ensure that we maximize our cell site ground lease rent? What do I need to know?
Rural vs. Urban – Cell Tower Lease Rates
A rural cell tower lease does not necessarily pay less than a rural cell tower lease. Factors that are determinative include how many tenants are on the cell tower, what is the primary purpose for the site, and the traffic the cell tower covers.
Rent
The majority of cell tower land leases pay rent monthly, although there are ones that pay annually, semi-annually, or even in advance of the entire cell tower lease term. As you can imagine, lease rates vary across the nation and depend on a multitude of factors. The rent a landlord can collect is not simply based on the amount of space the wireless tenant may need on the property, nor the size of the tower. Consequently, without knowing the proper information can result in the loss of hundreds of thousands of dollars for a landlord.
Escalator
Is the cell tower tenant offering a fixed or a percentage escalator? Does it escalate every year, every five-years, or by some other timeframe, or not at all? Is it based on a particular Consumer Price Index, or another indicator? These are important questions that can affect the determination of a cell tower lease rate. Do not “wing it” and get the advice you deserve by contacting an expert with the knowledge to help you. Here are 10 Factors to Consider When Hiring a Cell Tower Lease Consultant.
Expiration
Have you been approached for a brand new cell tower ground lease or do you have a current one? Is your cell tower lease close to expiration, or does it expire decades in the future, but you have been offered a lease amendment? These are just some of the questions that the experts at Tower Advantage will ask to best determine the maximum cell tower lease rate for your situation. Don’t try to learn the cell tower industry at your own expense, relay on telecommunication advocates that are on your side. We are here to help you with your 2019 cell tower lease rates – or any year you need cell tower lease rate information.
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