Important Points About Cell Tower Lease
There are numerous people who do wonder how much it’ll cost for cell tower lease. Well the problem here is, there’s no definite answer to this question as different buyers pay for different price point for different leases at a different time. Simply put, every lease has to be taken each layer apart.
Location of rooftop or tower – it’s an intricate evaluation of the lease value when talking about the location of cell tower. As a matter of fact, there are some old towers that are of less importance to cell phone carriers due to the reason that they are filled in coverage by buying another site. They’ve made a deal in locating their equipment on the site of their competitor or even bought the entire carrier. It doesn’t matter if the site is considered as an essential part of the coverage, the present and the future is always a basic element that is considered to get the right price.
The prevailing rent paid by the competitor or the carrier is another factor used in calculating its value.
Remaining term on the lease – many buyers won’t allow you to know that the less the time you have on cell tower lease, the bigger the worth it has. Because most of the leases are subpar with regards to monthly rent, co-location and escalators, buyers are well aware that they’ll be more capable of renegotiating the lease. Normally, they are capable of doubling the rental price, add participation in the subleases and also, improve escalators.
Co-location rent, escalators and rent – escalation clauses, rentals and the co-location rents are negotiable. On the other hand, it is just a matter of how much you understand on how important the cell site to the carrier or carriers who is occupying the tower/rooftop. Actually, there are some sites that are more important compared to others and the cell lease buyers take this thing into account when bidding on a lease.
Know your cell tower lease buyers – remember that you are still talking to companies and they are known for making significant profits from these transactions. They have the experts who are trained and skilled in getting a lesser lease. In regards to this matter, you may have to work with a cell tower lease specialist or attorney who can help you navigate through this and ensure that you are talking to the right people and getting a fair lease rate.
Use a cell tower consultant – you can actually make money by working with cell tower consultant, broker or advisor. Thus, they are sure to play an invaluable part on the deal.