When it comes to the possibility of having a cell tower erected on your property, it’s always an exercise at crunching numbers. We all have lofty dreams about how having a cell tower can transform our lives, but hardly do we hit the nail on the head and understand a thing or two about what actually goes into cell tower lease rates.
1. Period of Lease
A lot of property owners go for long term leases because, to them, it’s the only way to maximise on a rare opportunity. However, hold your cards to your chest. Take it from me, the shorter the lease, the higher the rates.
If there is a high demand for your property -let’s assume you’ve been approached by a number of network providers- then naturally you’ll be able to negotiate high lease rates.