Agreeing To Cell Tower Land Lease

Cell technology requires the installation of numerous towers to blanket towns and cities with a strong signal. This allows them to provide excellent services to the residents in these areas. However, purchasing land in so many places would not be economical. They instead propose cell tower land lease agreements to the property owners that typically last for many years. This is still a significant investment but is substantially less than if they bought the land outright. Owners are usually happy to accept the offers because they can benefit in the following ways:

Improve Land Productivity

Those who own large tracks of land don’t always have the means to develop these on their own. Some parts may be highly productive thanks to the planting of crops or the raising of farm animals. Others may be left unused especially in the countryside. They may still have plans for these in the future so selling idle land is not an option. Instead, they can improve productivity by negotiating a cell tower land lease in case the opportunity arises. Companies are quite selective so owners are lucky if they get a good offer.

Gain Extra Income

Indeed, everyone could use an extra source of income especially in these uncertain times. There have been too many job losses in the pandemic and not every one of them will return with the easing of the lockdowns. Demand will be lower than usual for a long time which means reduced earnings for a lot of businesses. Anything that can offset this loss of earnings will be more than welcome. Those who are situated in a strategic area can negotiate a higher rent than most because cell companies really want their spot. Owners will earn money on a regular basis without making any significant investment.

Better Connectivity

One of the biggest benefits of agreeing to a lease is that you get to experience the strongest signal in your area. This is a big boon in the age of social distancing, video conferencing, and working from home. In fact, your whole area will rejoice because stronger signals usually means faster Internet and more reliable connections. You will be able to stream without buffering and download large files in seconds rather than minutes. Your calls will no longer get dropped due to poor signal quality. You will not have to go outside the house just to get a bar or two on your phone.