CELL TOWER LEASE RATES 2024
What are cell tower lease rates in 2024 and what are the rents the property owners should expect to see on new cell site ground and rooftop leases,
Generally, most offers are between $500/mo. and $1,500/mo. for new ground leases for telecommunication towers. The average lease rate for all ground leases in our database in 2022 is just under $1,300/mo. It hasn't changed from 2021 but is up from 2018 when it was $1,220/mo.
How much does it cost to build a cell tower, including site acquisition, zoning & permitting, structural analysis, direct materials like steel and concrete, and labor for site construction? On average, the total cost to build a cell tower in the United States is $250,000, while in Western Europe it is $135,000, and in Latin America it is $110,000.
Is it a direct carrier ground lease or rooftop cell site lease or a lease on a cell tower that you own, directly with T-Mobile, Verizon Wireless, AT&T, DISH Network or US Cellular? A direct lease without a middle party will always pay more. They can range anywhere from $500 per month to even $5,000 per month in some instances.
Some basic types of base stations are as follows: Macro-base stations are tall towers ranging from 50 to 200 feet in height, placed at strategic locations to provide maximum coverage in a given area. Those are equipped with large towers and antennas that transmit and receive radio signals from wireless devices.
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