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This document outlines the lease agreement between Culpeper County and the New Cingular Wireless PCS, LLC. It details the terms and conditions for leasing a site for telecommunications equipment,
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How to fill out Antenna Site Lease

01
Obtain the Antenna Site Lease document from the relevant authority or organization.
02
Fill in the date of the lease at the top of the document.
03
Provide the name and contact information of the lessor (property owner).
04
Include the name and contact information of the lessee (tenant or service provider).
05
Describe the location of the antenna site, including specific address and geographical coordinates.
06
Specify the duration of the lease, including start and end dates.
07
Detail the lease payment terms, including the amount, frequency, and payment method.
08
Outline the rights and responsibilities of both the lessor and lessee regarding site use and maintenance.
09
Include clauses for termination conditions, renewal options, and dispute resolution procedures.
10
Review the completed lease for accuracy, then sign and date it by both parties.
11
Ensure copies of the signed lease are made for both parties.

Who needs Antenna Site Lease?

01
Telecommunications companies looking to install antennae.
02
Businesses requiring communication infrastructure on leased property.
03
Property owners leasing land for antenna installations.
04
Public service entities needing sites for emergency communication systems.
05
Government agencies managing communication networks.
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It depends upon the type of cell tower. A monopole cell tower and associated ground equipment can be installed in as little as 20'x30'. A lattice tower will take up slightly more but can be installed in 30'x30'. A guyed tower though will take up between 1 and 20 acres depending upon the height of the tower.
What Are Cell Tower Leases Worth In 2022? On average, wireless carriers entered into new lease with landowners at an average of $1,050/mo. or $12,600/year on a nationwide basis. There is a wide variation though in what landowners are offered. Generally, most offers are between $500/mo.
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In 2024, tower assets typically sell for anywhere from 15X to 40X, which equates to cap rates of 6.6% to as low as 2.5%. The average cap rate of the hundreds of tower sales in our database is just over 4%. Cell tower lease assets typically sell for 10X to 25X, which equates to cap rates of 10% to as low as 4%.
Operators usually build antennas or towers on third-party properties, signing lease contracts with the landowners. The owners, in turn, receive a periodic rental payment in exchange for the installation of the tower or antenna on their parcel of land or on the roof of their building. This is a common practice.

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An Antenna Site Lease is a legal agreement between the property owner and a telecommunications company that allows the company to install and maintain antennas or other equipment on the property for broadcasting or communication purposes.
Telecommunications companies or service providers that wish to place antennas or communication equipment on someone else's property are required to file an Antenna Site Lease.
To fill out an Antenna Site Lease, both parties (the property owner and the telecom company) must provide details such as the lease term, rental amount, site location, equipment specifications, and any maintenance responsibilities.
The purpose of an Antenna Site Lease is to establish a formal agreement for the placement of communication equipment, ensuring legal use of the property while defining rights, responsibilities, and financial arrangements.
An Antenna Site Lease must report information including the names of the parties, the legal description of the property, rental terms, type of equipment to be installed, duration of the lease, and any clauses regarding maintenance and repairs.
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