What a cellular company will pay to install a cell antenna on a property depends on many factors. Antenna Management Corp (“AMC”) has seen figures that vary between $250/month to $10,000/month. Learning about the factors or seeking the opinion of Cellular Lease Consultants will help in your cell antenna lease contract negotiations to get your company the best lease rates and terms possible.
For a typical raw land builds, we’ve found that $600-$1500 is the standard starting offer to lease a location to build a cell antenna pole or cell antenna tower. If building conditions are difficult – for example the cell company has to build a trench to bring in electricity and phone fiber connections for the cell antenna tower – they will want a lower rate. Other factors that bring value to your property are height of the antenna, surrounding topography, nearby buildings and other obstacles, the population density of cell phone users in the area, proximity to major roads, the location of other cellular antennas in the area, and the likelihood that they can find another suitable cell antenna site nearby.
Our experience is that the rooftop antenna lease offers very even more widely than cell antenna towers. On the low end of the cell antenna lease amount offers we have see monthly payments as low as $250/month for old leases in less densely populated areas. Typically in these cases the owner of the building with the rooftop cell antenna installation were told by the cell antenna leasing agents that the company would take their antennas elsewhere if they did not agree to the low rate. Rather than seeking an outside opinion the potential cell site owner accepted the cell antenna lease offer thinking that some money was better than no money. Fortunately in several of these cases, conducting a Cellular Lease Audit gave the cell antenna site property owners leverage and they were able to renegotiate their cellular antenna leases to receive a better income stream from the antennas on their property.
The best cellular antenna property lease rates we have seen have been as high as $10,000 a month in prime urban areas. These have been negotiated by consultants that are knowledgeable about the cell phone antenna industry, the particular market that the cellular company is trying to service with the cell antenna installation, the viability of the surrounding buildings for rooftop antenna installations. Specialized knowledge about how to structure the cell antenna lease is critical for property owners and property managers so that as the cellular company needs to add more bandwidth or other cellular antenna tenants, the property owner receives appropriate increases in lease income. If you would like a free no obligation telephone consultation, fill out the contact us form with the best time for an Antenna Management consultant to call and we will be happy to contact you for a confidential discussion about your cellular antenna lease options.
Cellular companies may claim that if you don’t accept the terms offered they will go to your neighbors, but if they specifically contacted you – there is usually a reason. Cellular leasing agents are typically given a very small radius (only a few hundred meters) and told to find a property within that meets the cellular antenna company’s needs. Knowledge about your potential cellular antenna site and the cell network is your best bargaining chip. Contact Antenna Management today to learn about your cell antenna lease options.