It is a known fact that every tower site is quite different and unique in its strategic location, tenant load capacity, construction cost, competition involved and land lord lease fees. When landlords and carriers decide upon cell tower lease rates, they consider all these factors. Apart from this, they even keep in mind the number of antennas to be installed, height transmission lines and platform. Generally, cell tower lease rates depend upon the location site, size of the antennas and the ground space required. Location, such as densely populated commercial as well as residential areas, where lots of people use cell phones is considered as an attractive site.
Cell Companies even see other alternative sites to install cell tower. In case the site is a commercial one, with several landlords competing to get rent from a cell antenna on their property, then the rate will be less. It is also seen whether the lease is for a cell tower or just adding antennas to an existing construction. As the cell
company does not have to spend money to build a cell tower if they are adding antennas to a building, the cell tower lease rate will be higher. Cell tower lease rates are greatly influenced by ground evaluation. If your land is higher compared to other competitors, you certainly can demand a higher lease rate. This is because for the cell tower company, constructing a cell tower will be much cheaper as it does not have to install a high tower.
While building a new cell tower, these companies need access to infrastructure. So they will obviously choose a site which has road connection and access to water and electric power. If such services are easily available from your land, then the cell tower lease rate will be much higher. In case of an extension or renewal of the lease, the rental rate is quite high. If the cell company does not renew the lease, it will have to shift the tower to some other location. This will involve a lot of time as well as money. Cell Company by all means will try to negotiate with you. So, to ensure maximum profit, choose a credible attorney to represent you and finalize the lease rates.
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