Cell phone carriers leasing your rooftop space will use the area as they see fit, oftentimes without your consent. For example, a telecom company will often find the cheapest way to install their equipment on your rooftop and this could hinder you leasing space to additional telecom companies and can be detrimental to the structure of your building.
Also, many leases will require the tenant have 24 hour access to your property, potentially imposing certain liability risks for you, the property owner. In addition to this, telecom companies frequently use the same utilities as their cell tower landlord. Not keeping your tenant accountable for their consumption could represent a significant cost for you.
Vertical Consultants is here to help you identify issues surrounding your cell tower and rooftop leases and can ensure you are getting true value for the use of your property. Contact us today to take the first step in immediately increasing the value of your lease.
