Cell Tower Lease Values
I get the query, “What’s my cell tower/rooftop lease price?”, on a regular basis. Drawback is, there isn’t a pat reply. Completely different consumers pays totally different costs for various leases at totally different occasions. In different phrases, every lease must be taken aside, piece by piece.
Location of the Tower/Rooftop
A cell tower’s location is intricate within the analysis of the lease’s worth. Some older towers could have turn into much less vital to mobile phone carriers as a result of they’ve crammed of their protection by shopping for one other service’s cell web site. They might have made a deal to find their tools on a competitor’s web site and even bought a complete service and this web site, your web site, could have turn into redundant. Whether or not your web site is taken into account a essential a part of the protection now and sooner or later is a elementary of pricing when consumers bid in your cell web site. What the prevailing lease is within the space paid by a service or its opponents can also be an element within the calculation of the worth.
Remaining Time period on Your Lease
Most consumers aren’t going to let that the much less time you might have in your tower lease, the extra the lease is price. Since most leases are sub-par with regards to month-to-month lease, escalators and co-location, consumers know that traditionally they’ll be capable to re-negotiate the lease. Typically occasions they’ll be capable to double the lease, enhance the escalators and add participation within the sub-leases they could have with different carriers who home their tools and antennae.
Lease, Escalations and Co-location Rents
Rents, escalation clauses and co-location rents are all negotiable to some extent. You’ll want to perceive the significance of that cell web site to the service(s) occupying the tower/rooftop. Some websites are extra vital than others. Cell web site lease consumers will take this into consideration when bidding on a lease.
Know the Cell Tower Consumers
Bear in mind you’re coping with firms which are in enterprise to make a revenue and their gross sales individuals receives a commission extra if they will buy your lease for much less. Having been launched and skilled within the mobile tower enterprise by one of many prime consumers within the enterprise, I’m very acquainted with the entire gross sales routine. I withdrew from the consumers’ aspect of the enterprise and determined to place myself within the center, serving to sellers get by way of the various, many ploys and techniques that I assumed weren’t upfront and clear. Do not get me flawed, there are some nice firms on the market, together with the one which skilled me. the issue will get again to the much less that’s paid for a cell tower lease, the extra the gross sales individual is paid.
I can let you know that the majority gross sales of tower and rooftop leases are below priced. And I may let you know that there’s a surefire option to be sure you get essentially the most out of your web site lease, with out getting yourselves into buyout that you’ll pay for the subsequent 30 to 99 years.
Utilizing a Cell Tower Marketing consultant
A cell tower lease adviser/guide or perhaps a cell tower dealer will make you cash. The gross sales individuals employed by cell web site lease aggregators are properly skilled, motivated and can take benefit once they can. You want illustration to get essentially the most out of your lease.
Andrew G. Kellerman background contains: Shares, Bonds, Insurance coverage, Choices, Commodities, Actual property gross sales and syndication, tower lease gross sales and brokering and as a Monetary Adviser involving many Fortune 500 firms. Give me a name earlier than you negotiate! 760-470-1782 to get an thought of what your cell lease is price. 1st-CellTowerBroker.com