When a property owner approached by the representatives of a cellular company with an offer for cell tower land lease, then he starts wondering whether I should make this deal or not. If you get such an offer, then you can decide whether to take the offer or leave it on the table by looking into its benefits.
Steady Revenue
By signing a deal with a cellular company, you are locking your land for a tenure of almost 20-25 years. So, it’s the time when you are going to add a recurring income stream into your bottom line. You have to do nothing to make this money because cellular companies will do it all installation to maintain the cell tower on your land. However, you are giving some rights to your property to the company. When you will do a cost vs. value analysis of the lease offer, you will realize that you have nothing to lose. So, why not go for it?
Best use of Your Land
When you have a property with an area of around 2500-5000 square feet, and you have no plan of using anytime soon, then you often think of renting it. This option seems like the right choice. But when you compare other lease offers with a rate you are getting for cell tower land lease, then you come to know that no other user will provide the same lease rate for using your land. You can get the highest and best use by signing a contract of lease with a cell tower company, without any doubt.
Credit Grade Tenants
Cellular companies are credit grade tenants; they are trust-worthy and reliable due to their stable financial condition and background. As the default rate of cell tower lease is quite low, so when you think of making a lease deal, then you are giving your property in good hands. You won’t have to worry about your property and lease payment at all.
Low Maintenance Tenants
In case you lease your property to another business or individual, then you need to incur all maintenance expenses on your own. However, that’s not the case with cell tower lease companies as they handle every cost involved in land maintenance. You feel little or no maintenance burden. Besides, cell tower companies insure your land and process all the infrastructure and build-out charges.
Transferable Assets
When you have a good deal of Cell tower land lease, then you can make more money from it by selling a contract to lease buyout companies. You can expect 15 times the annual lease rate from a buyout company in the future when you decide to sell your lease. Isn’t that a lucrative option to get into?
