Verizon Wireless lease rates
by Raymond
I have a business associate in New York who is getting $30,000 per year, $2,500 monthly on a ground tower lease from Verizon Wireless. I also have another friend in Newark NJ who is getting around $2,000 for a roof antenna lease with Verizon. I hear that they only pay a few hundred dollars a month on certain ground leases because they have to pay high rents to T-Mobile and AT&T. What is a fair ground lease rate for Verizon where they are in the #2 or #3 position on a cell tower?
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