Have you been contacted by a telecom company looking to lease your property to place a cell tower on it? The most common question many property owners have when this happens is how much rent should they receive for the use of their land.
Telecom companies will lead you to believe that you have no options when it comes to negotiating the terms of a cell tower lease, and especially the amount of rent you can ask for, when in reality, you may have the upper hand.
The rent that a property owner can receive from a telecom company is directly tied into either how your property fits into a telecom company’s wireless network or how much money a telecom company can collect from others to use your site not only now but also in the future.
Vertical Consultants has decades of experience in determining the value of telecom sites across North America and we work with our clients to make sure they receive the rent they deserve today and throughout the term of their lease.
If you are contacted to place a cell tower on your property, remember the telecom companies have experts working for them shouldn’t you.