Why Has My Tenant Contacted Me So Soon to Extend my Lease?

Why are the tower companies contacting the landowners if there is still time left on the lease?  The answer: Time and money. 1.          Time-A cell tower company needs to secure additional time to both better market the tower location for future subtenants/co-co-locators it may be seeking out as source of additional revenue at the site and more importantly to satisfy existing sublet commitments it may have already made as it relates to the site, its current revenue source at the site; … [Read more...]

How Much Rent Should I Be Receiving?

Prior to a cell tower lease, properties are evaluated for cell tower suitability. A cell site lease next step will be an engagement of the property by and through a cell tower site acquisition agent or a turf vendor. That agent of the tower company will typically have a low-ball starting lease rate in mind when they contact a property owner. So what factors does that representative use to determine a lease rate for your property? The primary factor is what similar property owners have … [Read more...]

What Factors Affect Cell Tower Lease Rates?

So like any basic negotiation, price is determined by supply and demand. So what should a property owner know to make sure he/she is optimizing the value of the site: Cell tower lease rates tend to be higher in more populated areas. Some urban areas command completely different lease rates, even though they are similar in demographics, but this not the only factor. Zoning and permitting requirements play a very important factor in the value of a site. The more liberal the permitting … [Read more...]

Rooftop Cell Tower Leases Explained

A rooftop lease is often structured very similarly to a cell tower lease; however, a rooftop lease usually requires a fraction of the space, as a cell phone carrier may only need as little as 50 square feet. In addition, just like the cell tower company has the option of leasing its tower to multiple sub-tenants, you, as the building owner, also have the capability of leasing your rooftop to multiple cell phone carriers, which can ultimately produce numerous income streams. Issues to consider … [Read more...]

The Value Of Cell Tower Subleases

A cell phone carrier sublease is when that tenant leases out either the entire or part of the current leased area to another cell phone carrier tenant. The majority of cell tower leases allow the carrier or cell tower company to sublease not only the tower, but also your property to third parties. Even though the cell phone carrier tenant is letting a third party occupy and use your property, a vast majority of the time, a landowner is not entitled to a share in revenue received by that … [Read more...]

What Is The Zoning Process For Cell Tower Approval?

Cell tower locations must be approved by a municipality zoning and permitting committee prior to being installed, unless a municipality does not have certain requirements in place for the installation of a cell tower or rooftop equipment. In some cases, this is as simple as applying for a building permit from the local jurisdiction. However, some zoning and planning boards have created more rigorous requirements for the placement of cell tower equipment on a building or piece of raw … [Read more...]

Sitemap | Privacy Policy | Meet me in Google+ | by: Helix SEO, IncSEO Service + SEO Web Design