ballpark for lease rates

by Stepehn C S
(Houston, Texas)

My mother in law has property in a small community in Oklahoma. She has been approached by a cell tower company about a lease. They say they will need up to 5 ac. for the site. What is a range of fair market value in such a situation??

Stephen C. S.

Comments for ballpark for lease rates

Average Rating starstarstarstarstar

Click here to add your own comments

Dec 19, 2011
Rating
starstarstarstarstar 		Another Option
by: Anonymous

Stephen,

You may not be interested in getting a relatively small monthly rent. You do however have some options much like when you play the lottery you can elect to get an upfront large lump sum. The wireless and tower companies don’t give you that option because they want to preserve their capital for building more sites.

Paul
Dec 08, 2011
Rating
starstarstarstar 		Oklahoma cell tower leasing
by: Tower Genius

Stephen they are looking for utilizing up to 5 acres since it is likely going to be a guyed wire tower. If it were a lattice tower or monopole, a carrier like US Cellular or AT&T would not need to rent more space than a 50 foot x 50 foot area. Tower companies like Crown or American Tower will want a 100 x 100 area so they can put the telco equipment of other carriers on the ground.

If it's a rural site in Oklahoma and you are dealing with a tower company, some of them are real low ballers and they will try to do the deal for $300 or $400 per month and play you against your neighbor's property. Depending on the leverage you have you may be able to get them up to $600 or $700 per month. If you are dealing with a carrier you can usually get a bit more money depending on the location, between $600 - $800 monthly. If you are in an urban sprawl area or in a high traffic area then your rates will be around $1,000 - $1,200 per month.

Let us know if we can assist you. Remember, they aren't only trying to get you on the rental price, they are also trying to give you leasing terms that are 100% in their favor.

Tower Genius
888.313.9750

Click here to add your own comments

Join in and write your own page! It's easy to do. How? Simply click here to return to Cell Tower Lease Rates.

Find out from Tower Genius how we help landlords and property owners in the USA  maximize cell site lease values and get the best possible terms for:

  • Cell tower lease agreements
  • Tower lease extensions
  • Cell site upgrades
  • Small cell proposals
  • Lease amendments
  • Tower lease buyouts offers
  • Rooftop lease buyout offers
  • Rooftop cell site audits
  • Lease Agreement defaults
  • Cell tower valuations
  • Rent reduction solicitations
  • Lease Optimization Help
  • Lease Revenue Purchase
  • Verizon Wireless 
  • AT&T
  • T-Mobile
  • Sprint
  • US Cellular
  • SBA Communications
  • Crown Castle
  • American Tower
  • Vertical Bridge
  • Lendlease Towers, Md7
  • Tillman Infrastructure
  • Lyle Company, Black Dot
  • Everest Infrastructure

We Would Like To Hear From You.
 

Cell-Tower-Leases.com
Contact Tower Genius
Please note that all fields followed by an asterisk must be filled in.

Please enter the word that you see below.

  



Protected by Copyscape