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Cell tower land lease rates range from $100/year to $150,000/year depending upon the location in the United States and the uniqueness of the location. What makes a $100/year location different from a $150,000 per year location?
Cell tower leases could pay out anything from $10 per month for small niche carriers to more than $10,000 a month with the larger companies. Typical rental rates from a major management company could hit around $15,000 a month depending on location and space.
Cell tower lease rates can vary a great deal from location to location. As mentioned, for some property owners, rental fees from a single cellular provider can exceed $150,000 in a single year, while in other locations they may barely top $200 per month.
A cell tower company will typically need anywhere from 500-5,000 square feet of ground area on a tower installation. Other considerations include long term implications and possible liability exposure.
Be Visible. Make sure that you have a sign on your property gate or fence by the nearest major road that states that you have land available for lease for a cell tower. ... Pay Attention. Check out your local zoning hearings to see if other towers are being built in your city or county. ... Be Patient. ... Be Diligent. ... Don't Pay.
Buyout companies basically make money by buying leases cheaply and then charging a large amount to cell companies to use the tower. ... A typical example occurs where the buyout company purchases all the rights to put towers on some land BUT leaves the landlord as the “owner” of the property.
There are a number of ways which land can be leased for a cell tower. By far the most common method is to have a site acquisition agent from the wireless carriers visit your land and ask if you are interested in leasing. This is discussed in previous articles.
Cell tower land lease rates range from $100/year to $150,000/year depending upon the location in the United States and the uniqueness of the location. What makes a $100/year location different from a $150,000 per year location?
U.S. leaseholders may get as much as $8.5 billion annually, based on figures from statisticbrain.com. The website says the nation has 190,000 cell phone towers with an average yearly lease rate of $45,000.
Empower Yourself With Knowledge. As the old saying goes knowledge is power. ... Always Hammer Out Business Terms First. ... Rent Will Not Be Calculated On A Per Square Foot Basis. ... Everything Is Negotiable. ... Tenant's Have Experts On Their Side, Make Sure You Have Experts On Your Side.
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