Typical Cell Tower Land Lease Rates

When we view crown castle s 8 k filing from q3 of 2019 their average lease renewal term for 2019 was a total of 30.
Typical cell tower land lease rates. While you may not get straightforward answers you will at least get a sense of how this agent operates. This showed that about half or two thirds of recently signed new leases not renewals had rental rates in the range from 1 500 to 2 500 per month range. Cell tower land lease rates and rooftop cell site lease rates continue to rise year after year. From there be prepared to do some research.
Cell tower lease rates can vary a great deal from location to location. The best advice for determining a proper lease rate is to contact a professional to assist you in determining the value of your land as a cell. How much do cell phone tower leases pay. The basics of cell tower lease rates.
Understanding lease rates for cellphone towers. A rate of 2 000 at 3 yearly increases. And property owners with several cell towers command higher rates. Search the web for cell tower lease rates and for cell tower leases.
Typical cell tower lease rates from a major management company could hit around 15 000 a month depending on location and space. Cell phone tower lease rates vary greatly from well over 45 000 per year to only 100 per year. Just yesterday i spoke to two building owners. For example let s compare the difference in cell site lease rates and revenue of a carrier lease agreed to at a rate of 2 000 per month at 2 yearly increases vs.
Rural areas will have lower rates. The numbers today will be higher. Wireless carriers added over 15 000 cell sites in 2018. A tale of two cell tower lease rates.
To make sure you are not making any mistakes and are capturing as much as you can capture in your cell tower lease contact airwave advisors today. Airwave advisors are the nation s leading cell tower lease experts rated a by the bbb. How is a lease rate determined. Suburban or urban areas will have higher rates.
Typically we are seeing higher rental rates on rooftop in urban markets and lower rental rates to lease raw land in rural areas. If you ve got lots of unused space on the ground or on top of a building you own you could have a gold mine waiting to be. 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. 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.
Engage a cell tower lease expert.