OWNERS NEED RENT COMPARABLES

AMC considers rent set at 1% -2% of annual general revenue to be a fair market rate for an antenna lease. We base this number on rent comparables, antenna capacity, growth potential, and other considerations. In this case, for a cell tower generating $1,000,000 per year in revenue, a landlord can expect to earn between $10,000 – $20,000 annually from rent from an AMC negotiated contract.

Rooftop cell antennae can generate upwards of $1,000,000 annually for cell service providers. In turn, they offer property owners only a fraction of that revenue in rent as compensation for 24/7 access to the building and other considerations. And when you consider that these contracts typically carry a 20-year term, property owners must negotiate a favourable contract from the outset, or they could be missing out on thousands of dollars yearly in additional revenue.

ANTENNA LEASE

CONSULTATIONS & NEGOTIATIONS

With Cell Service Providers for Fair Market Rent.

What is a cell tower lease agreement?

A cell tower lease agreement is a contract between a cell phone service provider, like Telus or Rogers and a property owner that allows the provider to place an antenna on the property. This antenna grants the carrier’s customers access to its network to make phone calls, download videos, and perform other online activities within a set radius of the structure.

In exchange for the use of the property, cell phone providers agree to pay property owners a monthly rent based on a fair market rate.

HOW CAN ANTENNA MANAGEMENT HELP NEGOTIATE A FAIR CELL TOWER LEASE AGREEMENT?

Knowledge is power when it comes to cell tower lease agreements. AMC can help you by providing access to our Rent Index Map, which lists all the cell tower locations in Canada and the rent generated from each site. With this information, you can compare sites similar to your property and know approximately what your site is worth to the service provider when you enter negotiations.

Get Rent Comparables for properties with existing lease agreements. We will provide you with lease rates for similar sites, revenue information, rent increase opportunities, and tools to help you evaluate and mitigate risks. Based on our report, you can determine the fairness of your compensation and potentially re-negotiate your agreement for a better return.

Additionally, you can engage AMC to handle all the details for you. We will expertly negotiate with the carrier service to ensure you get the best possible rate for your property. Book an appointment with our consultant and determine if a full-service antenna lease negotiation is the right choice for you.

GET RENT COMPARABLES BEFORE YOU NEGOTIATE

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