As a municipality, we have a water tower that can be used as a cell tower. The wireless company interested in it would other wise have to build the tower from scratch. A "turn key water tower" would save them the initial investment of the construction of a tower. What would the lease be worth on the water tower? What is the average cost of a 175 ft. cell tower?
Peter, municipal water tower rates will vary, and you contact us so we can look at your specific location. But if I were a municipality and AT&T wanted to use my water tank, a very critical structure, anywhere in New York, I'd probably charge them at least $24K-$30K per year. You can probably build your own tower for about $150K. Please give us a call. 888-313-9750.
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Do Not Get Burned On Cell Tower Leases in 2023, Tower Genius, The Premier Wireless Consultant in America, Has Helped Hundreds Of Landlords Get Great Deals.