New Cell Tower Draft Lease

We currently are negotiating with a Cell Tower Construction company about erecting a 400 ft tower on our property in NW Florida near the Alabama line. We requested a basic lease from the Cell Tower Company thinking this would be from a Telecommunications Company (Verizon, Sprint, AT&T, etc.) that would be using the tower. Instead it is a lease from the Cell Tower Company.

Questions

1. Is this the usual procedure to negotiate with the Tower Construction Company first about lease terms even though there is no Telecommunication Company listed to use the tower?

2. Do we negotiate with the Tower Construction Company anticipating use by a Telecommunications Company at a later date and should we request from the Tower Construction Company when do they anticipate when that would occur?

Comments for New Cell Tower Draft Lease

Average Rating starstarstarstarstar

Click here to add your own comments

Apr 17, 2016
Rating
starstarstarstarstar 		Typical
by: Stephen

You are dealing with the developer who has inside information and a contract or letter of intent from at least one carrier. Or perhaps they have a cousin running the real estate department at Verizon or something. In your lease the tower developer is the Lessee. They will build the tower for the carrier (Verizon, T-Mobile etc) and then flip it to a big tower management companies like American Tower, Crown Castle, or if you are really unlucky, to SBA out of Boca Raton.
Their objective is to give you the worst possible lease that will allow them to flip the tower for the most possible return. Then they rinse and repeat this process a dozen times.

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.

Tower Genius is USA's Premier Cell Tower Lease Coaching and Consulting Firm. Find out how we help landlords and property owners in the USA maximize cell site lease values and get the best possible terms. Book a 30-minute discovery consulting call with Kevin or Steve Today.

Click Here To Schedule A Call.

  • Cell tower lease agreements
  • Selling Cell Tower Lease
  • 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
  • Transactional Coaching
  • Verizon Wireless 
  • AT&T
  • T-Mobile - Sprint
  • DISH Wireless
  • US Cellular
  • SBA Communications
  • Crown Castle
  • American Tower
  • Atlas Tower
  • Phoenix Tower PTI
  • Vertical Bridge
  • Lendlease Towers, Md7
  • Tillman Infrastructure
  • Lyle Company, Black Dot
  • Everest Infrastructure


Like this page? Show us some Social Love. Here's how.

Would you prefer to share this page with others by linking to it?

  1. Click on the HTML link code below.
  2. Copy and paste it, adding a note of your own, into your blog, a Web page, forums, a blog comment, your Facebook account, or anywhere that someone would find this page valuable.