Want a Cell Tower on Your Property? The Cell Companies will Contact You.
You've no doubt read that a cell tower lease could be worth a lot of money and that having a cell tower lease can be worth a lot of money to a property owner. It's possible, even, that you've thought to yourself, "I have the room on my property. I'd love to make some extra cash. How do I get a cell phone company to put a cell tower on my land?"
Short answer: You can't.
They will call you, you don't call them.
The locations of cell towers are determined by cell phone companies' engineering studies. These studies determine where there is a need and which locations are best suited for cell tower placement. As a result of those studies, a cell company would contact you if they believed your property would be a good location for a cell tower.
John Pestle has previously co-presented on topics related to cell tower leases and lease buyouts. Those seminars are available for purchase. Current Issues in Cell Tower Leases and Lease Buyouts is available as a CD with a reference manual. Cell Tower Lease Buyouts is available for purchase as an on-demand webinar.
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- Webinar: What Property Owners and Managers Need to Know About Cell Tower Leases and the Sale of LeasesCell Tower Blog Post, May 23, 2018