Negotiating lease for wireless communication facility on my residential property

by Eugene
(Escondido, Ca. USA)

What are the parameters for yearly rent on a 1200 square foot ground space and associated, disguised tower?

Comments for Negotiating lease for wireless communication facility on my residential property

Average Rating starstarstarstar

Click here to add your own comments

Jul 10, 2013
Rating
starstarstarstar
Price depends on many factors
by: Tower Genius

Price is based on supply of available locations / alternates and the demand, that is how badly the carrier needs it. Believe me, if your site is worth $3,000/month and they can lease a property from the guy next door for $1,500 you will end up looking at the tower for the next 25 years.

That is great news that they are coming out for an engineering design visit!! Sounds like you are on the right track.

Give us a call if you need professional guidance.

Tower Genius
888-313-9750

Jul 09, 2013
Rating
starstarstarstarstar
Negotiating lease for wireless communication facility on my residential property
by: Anonymous

The construction & engineering team came for a visit. Coming again soon for a design drawing. I have a large parcel of land and am perfectly situated for the coverage they need. Was told by a friend in TV that my lease should be $3k a month. I just don't know how to come up with a realistic figure. Their first offer was $1,000.

Jul 09, 2013
Rating
starstarstar
What is your cell tower lease worth?
by: Tower Genius

Gene, we need a bit more info as there is no set figure. I can paint with a broad brush and say $1,000 per month without knowing anything about the particulars about the site. I've seen tower companies in California offering landlords complete low-ball deals recently where they know that they can get a neighboring landlord to sign for $500/month and they play one neighbor against the other knowing that somebody will buckle. Your site could be worth $500 and it could be worth $2000 monthly. Has the carrier sent out their construction and engineering teams to perform a design visit?

Tower Genius
888-313-9750

Click here to add your own comments

Join in and write your own page! It's easy to do. How? Simply click here to return to Cell Tower Lease Forum.

Find out from Tower Genius how we help landlords and property owners in the USA  maximize cell site lease values and get the best possible terms for:

  • Cell tower lease agreements 
  • Tower lease extensions 
  • Cell site upgrades 
  • Small cell proposals 
  • Lease amendments 
  • Tower lease buyouts offers 
  • Rooftop lease buyout offers 
  • Rooftop cell site audits 
  • Lease Agreement defaults 
  • Cell tower valuations 
  • Rent reduction solicitations 
  • Lease optimization questions
  • Verizon Wireless 
  • AT&T
  • T-Mobile
  • Sprint
  • US Cellular
  • SBA Communications
  • Crown Castle
  • American Tower
  • Vertical Bridge
  • Lendlease Towers
  • Tillman Infrastructure
  • Black Dot, Md7, Lyle Company


Contact Tower Genius Today.

1-888-313-9750

We Would Like to Hear From You!

Contact Tower Genius

Please note that all fields followed by an asterisk must be filled in.