There are numerous people who do wonder how much it’ll cost for cell tower lease. What seems to be the problem here is, there’s no specific answer since there are different buyers who buy at different times, expect that the asking price and leases will be different too. In other words, the lease should be taken each apart to get the right price.
Location of rooftop or tower – the location of the cell tower is quite intricate in evaluation of the lease’s value. Some old towers might have less significant cell phone carriers as they’ve filled in coverage by purchasing another cell site of the carrier. They have come to a deal in getting their equipment on site of their competitor or perhaps, bought the entire carrier. Now and the future will be a fundamental element that should be taken into consideration to get the right price whether the site is seen a necessary part of coverage.
The prevailing rent paid by the competitor or the carrier is another factor used in calculating its value.
Remaining term on the lease – as a matter of fact, cell tower lease is worth more if there’s lesser time that is set on the lease. 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. Most of the time, they could double up the price of rental, improve escalators and add participation in subleases.
Co-location rent, escalators and rent – keep in mind that there is an open negotiation for the rentals, escalation clauses and co-location rent. You just have to understand the significance of cell site to carrier or carriers who occupy the rooftop or tower. There are actually some sites that are more important in comparison to others and that the cell lease buyers will consider this in mind when bidding on 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 got sales people who are getting paid to negotiate for a lesser rate for the 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. So on your deal, they are going to be an invaluable part of the transaction.
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