Business

How Does Cell Tower Ground Lease Work?

There are several factors that affect how much your land is valued by the cell tower ground lease companies. If your land falls in an area where there is a high demand for telecom services, you can expect a high rental from a tower company. On the other hand, expect a somewhat lower amount if you are in a sparsely populated area. At the same time, even if your land is in such an area, you will start receiving regular rental from it if it is leased by a telecom company. You are losing value if it is not being used for some commercial or personal purposes. Get it listed for leasing to a cell tower company.

Do you see very few cell towers around your land location? It improves your prospect of getting a cell phone company to rent your land to install its cell towers. As the demand for data increases, these companies are looking to install more towers across the country. There are many regulations that govern the installation of these towers. You should first study these regulations to find if your land can be leased for the installation of cell phone towers.