![]() ![]() The following are five tips on how to maximize the value of your cell tower rents over the life of your cell tower lease: What is it then? It is based upon understanding not only what is being offered by the cell tower company, but also what you and the use of your land offers the cell tower company in value today and going forward.īased on some analysis and calculations, an average cell tower landlord throws away over $852,400 during the lifetime of a typical cell tower lease, and this amount continues to grow. Why the big disparity? It is not based upon the real estate value of your land, your property being located in an urban area versus a rural one, or even the height of the tower or how much space you lease to the tower company. The cell tower lease can pay a property owner anywhere from $100 per month to over $5,000 per month. Unfortunately, property owners continue to make the same mistakes when it comes to the negotiation and structuring of cell tower leases, and it is becoming more and more costly. It’s like my dad used to say, “You can give someone a boat but it doesn’t mean they know how to navigate the ocean.”Ĭell Tower Rents – 5 Insider Tips To Maximize The key is knowing how to navigate the counters & negotiations. The tower companies also see that information on the internet & they have 10 counters to everything you say. With the internet, the information is out there in pieces but people don’t know what to do with it. As a property owner, you have a choice: be under-compensated for your land or get the cell tower lease you deserve.Ī wave has been happening in the industry for years, which is that tower companies rely on lack of information & representation. In 2018, the largest cell tower companies generated an average of over $3 billion each in yearly revenues from subletting properties like yours. Rent is not a financial structure…it is only the result of it. While it is important to understand how much rent you are going to get paid on day one, it is more important to know how to structure an agreement to make sure you are paid fairly on day two, three and so forth. ![]() The value is on your end, and no matter what they say, you’re in a position of power here. You have something they need – your property. You don’t want to major in the minors, and we don’t want you to get taken advantage of, or settle for a bad deal. In 2022, most new cell tower lease offers ranged from $400 per month to $1,800 per month, with the rent rates varying based upon multiple factors, including location, population density, network needs, & construction limitations.Ĭell tower rent rates did increase nominally from 2021, but there was a drop in annual rent escalators from an average of approximately 3% annually to around 2% annually, which on its face seems slight, but over a typical cell tower lease term, which is between 25-30 years, could cost the property owner more than $200,000 over the life of that agreement.ĭetailed information about rent rates by state is included down this page. Over 150 Billion Dollars Invested In 5G Since 2018.In 2022 Over 2 Trillion Text Messages Were Sent.As of 2022 33% Of All Americans Had A 5G Phone.Cell Tower Companies Generate 20+ Billion Dollars In 2022.Wireless carriers added over 68,000 cell sites since 2019. ![]()
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