(article updated on February 18, 2020)
500,000+ Cell Tower Locations, Where Do We Start?
Airwave Advisors® has a proprietary database that tracks cell tower locations, rents, and buyout prices. This information empowers you in negotiations with cell tower companies and carriers, to ensure you secure the best deal.
To help you get started on your cell tower journey, we want to share with you 5 Things You Need to Know About Cell tower Locations.
1. You Are Your Best Asset
If you are looking to have a cell tower placed on your property, please do not call us, we cannot help you. You are your best asset.
If you would like to submit your property for consideration to the major wireless carriers, please use the following links below:
2. How Do You Get A Cell Tower?
We wrote an in-depth article on the process of getting a cell tower, which you can read about here.
The truth is 99% of the time the cell towers come to you. They typically do not appear because you reached out to companies to lease your property.
When developing new cell towers it all comes down to the wireless carrier’s need to build a tower at the time and their budget to construct. If they have a need and a budget, they will start looking to build in a specific area. If there is no need, or no budget, there will be no new cell tower.
Having your property fall right into the cross-hairs of the specific area they are looking to build out takes a lot of luck and good fortune.
3. Cell Towers Are All Around You
Depending on where you live, you may see the cell towers as grey poles along the highway, or hidden from your view built out as stealth installations. Unless you are in the most remote of areas, you can rest assured there is a cell tower nearby. There are an estimated 500,000 cell towers across the US.
4. Verizon, AT&T, and T-Mobile Are Building More Towers
Verizon Wireless, AT&T, and T-Mobile are all building more cell towers in 2020. T-Mobile cell towers we mostly see being built out by mid to small sized tower companies. This type of development is called build-to-suit. T-Mobile commits to leasing from the company, once they have the tower erected.
This is very similar to a developer building out a building for example for Starbucks and once the building is built, Starbucks will occupy the space and start paying rent.
5. If You Are In Talks With A Cell Tower Company, Hire An Expert
Airwave Advisors has over 16 years of experience in order to help cell tower landlords like you to maximize their wireless leases. We assist private landowners, commercial real estate owners, municipalities, and anyone else who either has a cell tower, or has been contacted for a cell tower. The cell tower companies have experts on their side, shouldn’t you?
Have You Been Contacted By A Cell Tower Company?
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About Nick G. Foster
Since founding Airwave Advisors® in 2014, Mr. Foster has added value to over 400 clients ranging from the State of Nevada, City of Beverly Hills, to Habitat For Humanity. Mr. Foster focuses on cell tower lease renewals, buyouts, new lease negotiation, and cell site lease management. Prior to starting Airwave Advisors® Mr. Foster founded and led the Cell Site Services Group within nationwide commercial real estate services leader Cassidy Turley (now known as Cushman & Wakefield).