Know The Basics: What Is a Cell Tower Ground Lease?

Cell Tower Ground Lease

Want to boost your property’s value effortlessly and make some serious cash? Well, there’s a crazy demand for cell tower sites right now. Those big wireless companies are going all out to improve their networks and keep up with our mobile data addiction. So, if you own land with a cell tower on it, you’ve got yourself a goldmine. It’s like having a money tree in your backyard that keeps on giving for years to come.

But before signing the deal, know the basics about the cell tower ground lease.

What Exactly Is A Cell Tower Ground Lease?

It’s a formal deal between a property owner and a wireless giant. They agree that the wireless company can set up and look after a cell tower on the owner’s land. In return, the owner gets some sweet rent money flowing in from the carrier for letting them use their turf. You basically offer up a piece of your land, either to a cell tower company or straight to a wireless carrier. They spruce it up and use it for as long as the lease lasts. While the lease is on, anything they build, like the cell tower and its buddies, belongs to them.

Why Do Cell Tower Companies Love Ground Leases?

Instead of shelling out big bucks to buy land all over the country, they can simply lease it at lower cell tower lease rates. That means no massive upfront costs or endless property management hassles. Ground leases also come with some nifty tax perks. If the company can turn that lease into a long-term deal, it shifts their expenses into the “smart financial move” column. That’s a win-win for both the company and the landlord, whether you’re thinking short-term or long-term.

What Benefits Will I Get As A Property Owner?

If you’re a property owner, especially one with a fancy commercial spot, a cell tower ground lease can be your path to cash without a big investment. And here’s a bonus: if you play your cards right, you might even score the tower itself when the lease wraps up. That means you’ve got yourself a cash-generating asset on your hands.

Can I Hire Professionals To Get The Best Terms

A big Yes! Those cell tower companies have their A-team on the field, so why not level the playing field? Tower Genius is here to make negotiating your cell tower lease or buyout offer a breeze. We’ve got the expertise you need to make sure you’re getting the best deal. Let’s amp up the value of your cell tower lease offer together!

TowerGenius

I was recruited out of Enterprise Rent a Car in 2000 by Kevin Donohue, who is my business partner today, to be a real estate site acquisition manager in the NYC Metropolitan Area for his company that was contracting for Verizon Wireless, T-Mobile and Sprint. In 2008 I founded a consulting firm know today as Tower Genius, LLC where Kevin and I have helped many thousands of people and existing cell tower landlords get the help and information they need to succeed at the cell tower negotiating table.

Carriers & Tower Companies Have Their Hired Guns. Shouldn't You?

Negotiating a cell tower lease, trying to figure out what the correct cell tower rent value for your property needs to be, or evaluating the broad range of proposals and offers received by most cell site landlords in 2022 can be very confusing. Connect with Tower Genius or submit your info below, and we'll evaluate your situation, answer your questions and even make a few recommendations you may benefit from.

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