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What are average cell tower lease rates? How do you calculate the correct rental price for a rooftop cell site or tower lease? Determining the value of your cell tower at your specific location can be very frustrating.
What should the price of my existing single-carrier or two-carrier cell tower be which is expiring in a few years? What does and beyond look like for rental prices?
That depends on many factors, but the dirty little secret in the cell tower leasing industry is not the amount of rent that you are receiving on a monthly basis. And, there are a plethora of factors that come into play when determining the value and lease rate of a cell tower. Also, not all cell towers are apples to apples comparisons.
The cell tower experts at Tower Genius can answer all of your questions. So what's the dirty secret? To find out, please keep reading: Cell Tower Rent Values: All lease rates regardless of carrier or cell tower developer are site specific and vary from location to location and are based on the demand for coverage and the availability of potential locations to lease ground space, tower space or rooftop space. This is a question that we have been asked hundreds of time, how do you know what the cell tower lease is worth?
What determines a cell tower's rent value? Do you have cell tower leasing rate comps? How do you determine what the cell tower lease rates are for my location? How do you know what to ask for? Carriers and Tower Companies will often tell you that cell tower rents are based on a square foot price. It is true, that many cell tower landlords have been bamboozled into accepting this sort of pricing. We simply reject that, since wireless telecom leasing is not like traditional commercial real estate, and is not determined by a price per square foot.
We have written on our cell tower blogs extensively about this, but it comes down to basic cell tower laws of supply and demand regardless of what the carriers tell you. The cell tower experts at Tower Genius LLC have reviewed tens of thousands of cell tower leases over several decades. Here a dirty secret you may want to know. Publishing a cell tower rental lease rate map or list of locations and rental rates is deceptive and meaningless since each lease value is determined on a site by site basis, and a map means absolutely nothing.
Here is the cell tower lease rate formula used to determine cell tower rent values:. What is the demand for coverage? What's the topography like? What's the difficulty factor involved in providing coverage to the area? What does the zoning code say in their wireless ordinance? What about competing existing structures? Would the building owner across the street lease to a carrier for less than you are asking, and do they have a better line of site from their rooftop?
Is the tower a single tenant site or multi carrier cell tower? Is it a direct carrier lease or is a developer the Lessee in the agreement? This is why you need to talk to us.
The cellular carriers aren't going to explain to you how to maximize the value of your lease. Can you afford to negotiate a cell tower lease without professional guidance? Call Tower Genius Today! Here is some genuine honest to goodness fake news surrounding cell tower rent values being promoted by other cell tower lease experts and advisors. They way to "show you cell tower rates near you". We are calling this out as Bravo Sierra. Cell Tower Lease Rate Myth: There is a magic cell tower database with lease rate comps for determining the value of your cell tower rent.
While many experts may want to tell you a range, or show you cell tower rental prices near you, that means absolutely nothing. Above is an example of rooftop cell site lease rates along an extremely high traffic interstate corridor in a densely populated urban area.
There are multiple rooftop cell sites in the area with all major wireless carriers represented. Actually, one of these locations is a Tower Genius negotiated rooftop cell site. But why the wide range of rents?
All of these rooftop cell sites were leased at different times and they all had different starting base rents and rental escalations. They are not apples to apples comparisons. Here are some of the dirty little secrets about cell tower lease rates that carriers don't want property owners to know about:.
The average cell tower rent is going to vary from county to county and state to state -- and they also differ depending on which carrier you are dealing with, they amount of pain they have bad coverage and tough zoning laws , and their budgets. Leases rental payment compounding annually are a beautiful thing! How can you truly know if you are maximizing your location's profitability?
If you have a tower owned or managed by American Tower, Crown Castle or SBA Communications, we can provide the kind of professional guidance that you need to determine the fair market value of your cell tower and help you to negotiate a fair lease or amendment with your tenant.
Yes, we've just about seen it all and can tell you without a doubt that ALL cellular site leases are heavily slanted in favor of the wireless carriers. We level the playing field. We know where there is wiggle room to negotiate, and where their isn't, where we can push the carriers to accept terms, and where we can't, and where we can squeeze them for better rates. And no, we are not attorneys. Most lawyers no very little about cell tower lease rates and values.
That's why attorneys frequently hire Tower Genius as their advisors to assist their clients. When you push them a little too hard, they sometimes threaten to move the tower or send it out for an "ASR" Alternative Site Review. These are usually idle threats, but that's why landlords should have their cell sites analyzed to make sure there aren't other factors such as a nearby competing tower that they can use as leverage against you in a cell tower lease negotiation. Looking into the future of cell tower lease rates, Tower Genius believes rental prices should remain stable in , and Beyond that, we are forecasting a higher potential for reduced cell tower rents for landlords if certain disruptive technologies and advances in wireless telephony, namely hundreds of thousands of small cells, are integrated into the carrier networks on a mass scale that meet coverage and namely capacity needs.
In layman's terms, if they can significantly improve coverage with other technologies that work in conjunction with your cell tower, and they can possibly eventually replace your cell tower with that newer technology, eventually the carriers can get enough muscle to get you to accept a rent reduction or take down your cell site or tower. If you have specific questions about what you can do about this as a landlord, you need to call us at to discuss. Speak with a cellular site leasing expert, call us during regular business hours from anywhere inside the United States, Monday - Friday from 9: We can answer your questions about cell tower lease rates or any other carrier lease related questions you have.
Call Steve or Kevin today: Entering your question is easy to do. Please give us as many details as you can. Your story will appear on a Web page exactly the way you enter it here. Do you have some pictures or graphics to add? Click the button and find the first one on your computer.
I understand that you will display my submission on your website. You can preview and edit on the next page. Yesterday I received a letter in the mail that addresses the discussion or a renewal. We are two years into the first 7 year option. And if so is there a restriction on how … Steal a tower away from my neighbor. I missed out contacting the cell tower installers to see if my property could be considered.
Anyway I own my property paid for in a irrevocable trust, … How much land is needed for a tower? If property zoning permits the structure, is it safe to live in close proximity to the tower? What is your success rate? What do you provide?
Two years ago it dropped to only one. We have reason to believe ther are … water towers as antenna platforms. What are companies paying to rent water tower space for antenna placement? Tower Sharing Average Pricing! Hello Gentlemen, It is possible to have a monthly average rental price for towers for mobile operator in Africa. American Tower Partners built and manages the tower site.
What can I expect the lease rate to be? How are lease rates affected by site services? What sort of services for a cell site can give the best return?/p>
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