Cell Tower Lease Rates 2018
Years ago tenants would present contracts that were a maximum of 20 25 years which is a very long time.
Cell tower lease rates 2018. Wireless carriers added over 15 000 cell sites in 2018. This means more people need reception and coverage but this isn t always offered in every area of the country. Before you sit down to the breakfast table with a cell tower company know exactly what is on the menu. The market for new cell tower leases is generally flat in 2019 as compared to 2018 and even 2017.
Cell tower land lease rates are important but so is the increase rate of the cell tower lease. In 2018 95 of people own cell phones and 77 of people own smartphones. Average yearly cell phone tower lease rate 45 000 lowest annual cost to lease a cell tower 100. Carrier contracts or leases cell tower companies verizon wireless companies.
Most cell tower leases are the same as a ham and egg breakfast. Are you sure you re getting the best cell tower lease rates in 2020. Call the top industry experts in the usa ask for steve kazella or kevin donohue today. Cell tower lease rates seem to be changing all the time.
How long of a contract should you agree to. The most common form of cell site construction is a steel structure built on land leased from property owners. And if we can t answer your question chances are nobody can. While it is true that mobile data use is increasing 30 40 year over year it is simultaneously true that the wireless service providers are under increasing pressure from competition between each other.
Verizon cell tower lease agreements rates in 2018. How much do cell phone tower leases pay. The cell tower company can terminate the cell tower lease whenever they want but the property owner is committed for 20 30 or more years. Cell towers on raw land sites.
Cell phone tower lease rates vary greatly from well over 45 000 per year to only 100 per year. If you have existing equipment they may. To illustrate how cell phone tower lease rates can vary in the same metropolitan area we will show a sampling of cell site lease rates by the same major wireless carrier on four separate cellular antenna sites leased in 2020. Over time tenants have become more aggressive with the terms they present to landlords.
The leased space for a celltower lease is usually an area from 20 x20 to 40 x40 square. 19 200 yearly 1 600 monthly. They may be interested in leasing your property for new construction or installation on a rooftop.