How Much Of An Option Payment Should A Landowner Be Seeking?

Tenants in 2019 are getting more frequent in asking for granting an option to lease landowner’s property.

While tenants may keep the land on hold for years they are willing to pay a very small sum on an average.

It is high time the landlords understand that though their land is not used or occupied by the mobile carrier company it is still tied up.If the tenants are reluctant to pay landlords a few thousands of dollars for a year they might not be serious at all.What Rent Should Be Charged From Tenant?

Telecom industry is booming but still, it is difficult to predict how much rise the coming year would see.

Rates are variable and they depend on a list of factors like the site build, who is the potential tenant, competition in the local area and number of users in the area.It is best recommended to consult a professional cell tower lease consultant for cell phone tower installation.

Landlord often not sure of the real worth they should get for their cell tower lease on  their land.

When you hire cell site consultants they do the complete audit of land and also review the aggrement tower comapny offered to the landlord and ensure that landlord get the best price for their land lease.

cell site consultant also negotaiate with the cell site company on the behalif of the landlord as they are usually unaware of the legal terms. 

Unlike residential or commercial lease agreements cell tower lease agreements are usually presented by tenants and not the landowners.

Cell tower lease experts ensure that best interests of property owners are taken care of.Here goes the list of important items you should look out for:Lease Limited Part Of Your PropertyCell tower companies asking for 10,000 square feet area for lease actually do not need this much of land.

Being a layman you might not be understand the minute things about lease agreement.

Moreover negotiating a fair price would be easily possible with help of cell tower lease expert and ensure you don’t leave money on the table.Rent EscalationsMost of the landlords do not understand that over the time value of money decreases.

Logically rent you are likely to decide might not match the market rates for 10 years later.

This item can only be discussed with the help of a professional advocate.Don’t be too generousWhile granting options to the tenants landlords need to be extra cautious.

With given number of mobile users and anticipated increase in use of mobile phones in future the cell tower and carrier companies will have to build many more new towers.

Many a times these companies consider self-storage properties for building new cell-tower sites.

Property owners should be aware of the tremendous income potential of leasing out their property assets to cellular companies.

Taking educated decision would help them optimize the cell tower lease agreements in their own favor.AdvantagesSupplementary income- As soon as you sign the cell-site agreement you start incurring a monthly rent that ranges between $1000 and $3000.

This value may even increase in the following years depending on the value derived with use of your property.Improved cell service.A new cell site won’t only serve the needs of wireless customers in the area, it can serve as an upgrade for services offered to your tenants.

If you’re forward-thinking, you can even negotiate conditions that’ll allow for use of certain cell-tower infrastructure that can be used for future development projects.Lump sum cash- It is an alternative way of getting paid by cell tower companies in lieu of using your self-storage facility for their operations.

Increase in cell phone demand means more towers.And what do you think where these towers are build?With the advent of mobile technology property owners have been greatly benefitted.

They earn handsome money from cell tower lease.

Mobile carriers and cell tower companies look out for lands and buildings to plant their towers on.

No matter you are in ground lease agreement for cell tower or solar farm, one question always remain important to you- whether you are getting the maximum value from this agreement or not.Why Landowners Need Professional Assistance?

Hiring cell tower professionals is essentially important to take care of your interests during the meeting and negotiation with cell tower companies.

They carry out comprehensive analysis of factors like site location, site type, rental rate, comparable rent market analysis and lease structure.