Cricket Lease rates

by Floyd
(Philadelphia, PA)

I am wondering what the going rate is for allowing a company (Cricket) to install an antenna on our church's steeple. How much should we ask for. They are offering us 18K per year with a 2% increase each year for 5yrs.

Comments for Cricket Lease rates

Average Rating starstarstarstarstar

Click here to add your own comments

Jun 13, 2011
Rating
starstarstarstarstar 		Concealing Your Antennas
by: Peabody Concealment

Congratulations on this opportunity. Having a cellular tower installed on site is a great way for a church to receive a boost in monthly revenues.

In the past, working with many churches, we have found that there are a few things to take into account while moving forward. Because you are a very public site, a majority of people will be detracted from seeing cellular towers outside their church. Also, city officials may try to prohibit the construction plans from passing due to the visual pollution that cell towers cause.

A solution to both of these problems is to conceal your towers with a RF-friendly RFTC Concealment. Peabody Concealment has dealt with many churches throughout the history of our company. Having a concealment around your towers will not detract from the signal strength (we are approved with all major and smaller carriers) and will hide the towers from the public, many will never know that there are towers even there.

If interested, please visit our portfolio page to see how we can be of assistance

http://peabodyconcealment.com/rf_portfolio.aspx#steeples
Jun 11, 2011
Rating
starstarstarstar 		Rate is OK - Terms need review and adjustment
by: Tower Genius

Floyd if Cricket is paying you $1,500 monthly for a cell site on your church's steeple that is not below fair market value in Philadelphia. There may be some wiggle room in the price. We need to see what other options are available to the carrier that wold work just as well for less money. However, to really maximize the value of the lease for the church the terms of the cellular lease need to be tightened up in several of the paragraphs.

What the Cricket Wireless site acquisition leasing rep wants to hear is "we can get this lease done before the end of the quarter" -- they get paid on a bonus so they really need to see a redline copy of your comments this week to make that happen.

We can turn the lease around for you in 1-2 days. Let's talk on Monday.

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 Leasing Discussion.

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.