When looking into Cell Tower Lease Buyouts Services, you must have a clear idea of what the agreement will entail and how it will impact your monthly budget. The deal is entirely separate from your regular monthly lease. It is not something you sign in the middle of the month like a standard lease would be. If you are looking into these services, you should be prepared to research the company you will be getting the Cell Tower Lease from and what others have reported about them.
Cell Tower Lease
First, we will need to take a look at why cell tower leases are so standard. The main reason that they are so common is that they offer a low-risk but highly profitable method for a business owner to enter into. The term “cell phone” has already been taken. It is important to understand that Cell Tower Lease Buyout Services is not a new concept. However, it is becoming more popular as the demand for Cell Towers grows.
Lease to Use
Cell Tower Lease Buyout Companies offers the business owner a low-risk but highly profitable method for locking down a permanent lease to use as a Cell Tower. In many cases, just multiply your monthly lease cost by fourteen. That gives you the yearly lease value of a Cell Tower Lease/Tower Extension. Some leases though may be worth more though. So, it is important that you find out the actual cost of the Cell Tower Lease and not some vague “estimate.”
Cost of Cell Tower Lease
In order to determine the true cost of your Cell Tower Lease or Tower Extension, it is important to understand how the Cell Tower Lease/ Tower Extension is calculated. The initial purchase price is determined, including any upfront fees like deposits, early-bird specials, and other promotional offers. It also includes certain taxes and service charges from your Cell Company. Finally, it has your annual rent escalator.
Lease Types for Cell Towers
Once you can identify the type of tower you need for your business, it will be time to determine the type of Cell Tower Lease or Tower Extension you need. You will find two main types of Cell Tower Lease Buyout, Fixed Rate Or escalating rate. With a Fixed Rate lease, the cell tower owner must agree to a specific lease term. To renew the lease term, the tower owner must purchase the land on which the Towers Are being placed. This process is called “buying out.” With an escalating rate, which is also known as an escalating lease term, the tower’s owner must renew the lease term as it increases each year.
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