Owning a cell tower or rooftop that carriers and tower companies are interested in leasing can lead to some difficult negotiations. In this video, the presenter explains what kinds of leases the other party might be proposing and whether they are right for you to grow your networks.
As the presenter explains, not all cell towers are apples to apples. This makes it difficult to compare rates and come up with a good figure for what your tower or rooftop rental should be worth to a renter.
Even from one city to the next, factors such as population, tower or rooftop height and exposure, and proximity of other potential sites all combine to determine an appropriate monthly rate for a lease.
It’s critical to have a clear understanding of what value your tower or rooftop holds, as monthly leases can vary from $300 per month to $18,000 per month. This isn’t something that should be left up to mere guessing or comparison with one or two other sites. Tower Genius works with potential lessees to evaluate proposed rents and help assess clear value to a cell tower or rooftop site. They can be contacted through the website or phone number at the end of the video.