Cell Site Lease Negotiation and Cell Tower Lease Negotiation
If you have been recently approached about the possibility of leasing your land or roof for the construction of a new cell tower or cell site, you should contact us. Most site acquisition managers will produce more than one candidate for each cell site if at all possible. You should never assume that the site acquisition employee is only talking with you and not your neighbors as well.
We can assist you in obtaining a fair market value rent for a new cell site or cell tower lease. Depending on the competition of your neighbors for an alternative site and technical factors regarding propagation, we will work to procure a revenue stream for you and your family. Without assistance, you may find yourself looking at a nearby cell tower providing revenue for years to come to a neighbor or out of fear you may enter into an agreement at far below market rates.
Each of these transactions is unique and care must be exercised regarding all aspects of negotiating the cell tower lease. Our goal is to give you as much knowledge as possible, which will give you the power to make right decisions. We have had the advantage of reviewing thousands of Cellular Leases while most Landowners have never seen one until a site acquisition manager comes knocking on their door.
Most attorneys, accountants and Real Estate professional are unfamiliar with these agreements also. Many attorneys rely on past experiences negotiating commercial or retail space agreements and negotiate poorly on the Landowners behalf. We have witnessed this countless times after the fact. Once these cell site leases are entered into, you are stuck to endure the terms for decades to come. If you rely upon yourself or a “trusted advisor” with no or limited expertise in this industry, it will most likely be costly.
In many cases, we work with your attorney to help them understand what the Cell Tower Company or Carrier is trying to achieve. We can cover every aspect of the agreement and give them the knowledge to make the best decision on your behalf.
Please contact us before you enter any new Cell Tower Lease or Cell Site Lease Agreement.
Rooftop Cell Site Lease Negotiations
Building owners are frequently approached to lease their rooftop space to Wireless Carriers. While the thought of additional revenue is enticing, there are several factors to consider that are much different from that of a Cell Tower Lease. Load capacity, rooftop access, future development and aesthetics are just a few to mention.
Here are just a few issues that could have a lasting affect on your building:
- Structure. Is the equipment placed in a way as to not effect the roof itself? Are there riser issues? Are they putting the antenna out in a way that will not have an adverse affect on future tenant growth? Is your roof leaking now?
- Access. Will the access requirements cause issue with the residence of your building? How does the 24/7 access affect residence?
- Will the term of your lease allow you to teardown your building for a new structure? What penalties will you incur?
- What will the antenna look like? Will they match the color scheme of your building?
These are just a few common issues that many times overlooked. The carriers will always look for the most cost effective solution to get their antenna in place. We have seen the mistakes and listened to Landlords issues many times. We use this valuable information to help you avoid their mistakes.
Another common mistake rooftop Landlords make is to assume each lease will bring in the same amount of rents. This assumption had cost many rooftop Landlords to lose rents to nearby building owners. Wireless Carriers are savvy and will exhaust all possibilities to get the best possible rooftop cell site lease into place.
Please contact us before you enter any new Cell Tower Lease or Cell Site Lease Agreement.
