- THE TRUE VALUE OF YOUR PROPERTY – Understand the true value to the company looking to lease a portion of your property. Mobile traffic is forecasted to triple by 2019. It is estimated that wireless carriers currently utilize small cells to accommodate over 75% of overflow data during high traffic times. Therefore, a small cell site can be essential for wireless carriers to remain competitive, and your property has value to them.
- THE VALUE TO THE NETWORK – Rather than focusing on the amount of space that will be utilized, focus on the value associated with the use of the space. Small cell sites are a fraction of the size of their sibling traditional cell tower or rooftop sites but play a significant role in securing revenue for wireless carriers. A small cell agreement should be reflective of the value to the carrier and not simply the size of the proposed space.
- THINK ABOUT THE FUTURE – Protect your core asset (building, church, shopping center, arena, etc.) and prevent big problems caused by a small agreement in the future. Again, a wireless carrier will direct your attention to the small area, and the proposed rent payments. Remember that an unfavorable long-term agreement could result in unlimited liability and restricting future development, financing or even selling your property.
Contact us today, if you have questions regarding
small cell sites or any other type of cell site agreements.