Cell Tower ground lease in Tennessee

by Linda
(Heiskell, Tn. )

What is the average lease rate from AT&T for this area. Rural in East Tennessee?

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Jul 19, 2013
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starstarstarstar 		All cell site values are site specific.
by: Tower Genius

For rural areas, such as Eastern Tennessee, Illinois, Alabama, wherever... generally the same rule of thumb applies.

Cell tower rental values are based upon the demand for coverage (Carrier's need) and the supply of possible locations. The greater the supply of available locations, the less leverage you have to negotiate a higher rent.

However let's say you are a farmer, and you own several hundreds of acres on both sides of the road and for a half mile or a mile in each direction, and perhaps you have a mountain on one side and a river on the other and there are access issues and certain zoning setbacks, etc... all of a sudden the carrier is limited in the number of choices they have to build their cell tower. It's possible that you are the only property owner they can cut a deal with, and all of a sudden the price just got friendlier.

On average, carriers pay about $500 per month on rural farm properties to start out. It's not uncommon to see rents ranging from $500 to $800 monthly. If you are dealing with a tower company they will usually be a bit less flexible on the rents. We stress that the rent is only one component of the deal.

If you know how to navigate these deals (which we do) they can be structured in a way that maximizes your revenue from the onset, or at least level the playing field without causing them to walk away.

We can offer you some pre-leasing strategies and help make heads or tails of any cell tower proposals. Please call us.

Tower Genius
888-313-9750
Jul 18, 2013
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starstarstarstarstar 		AT&T tower lease.
by: Rich H.

My Dad has a farm and AT&T installed a cell tower on it several years ago. The tower is along Interstate 88 in Illinois. The initial lease was set at $600.00/per month with, I believe, a 10% increase every three years. About a year after the tower was built, a representative from the lease company visited my Dad and threatened to remove the tower, if my Dad wouldn't sign an amendment to lower the monthly payment. My Dad, in his late 80's, signed the amendment. Now he receives $500.00/per month with a 3% increase every 5 years. Not the best deal for my Dad. Several other farmers in this area receive $800.00/per month for the cell towers on their land.


Editor's Note: Rich - Thanks for sharing your personal experience. If possible, for our "WALL OF SHAME", please share for future readers the name of the company that AT&T utilized for reducing your dad's cell tower rent. Also, we would love to talk to you and offer you a complimentary lease review for future reference so you can really stick it to them when it is time for renewal.

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