Miami-Dade Florida Lease of Water Tower Space for Cellular Antenna

Category:

Leases - Cell Tower

State:

Multi-State

County:

Miami-Dade

Control #:

US-02527

Format:

Instant download

Description

This is a detailed model lease for Watertower Space, for the purpose of installing a cellular telephone antenna. Provisions regarding federal regulations, interference, and other standard cell phone antenna contract clauses. Adapt to fit your specific circumstances.

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FAQ

You can make R7,000 a month for having a cellphone tower on your property.

If you own property and you don't mind renting to out to a company, then cellular tower leasing is an option. When you have a cell tower lease, you become the landlord for the cellular tower. You'll earn an income based on the tower and phone company they're with.

The Value Of Your Verizon Cell Tower Lease Agreement A Verizon cell tower lease agreement typically pays landlords some some of the highest rents in the industry! Verizon Wireless is a very stable wireless provider with a low risk of removing their cell towers in the near future.

?This paves the way for a level playing field for a third player,? Jacinto said, noting that a telco startup would no longer need to worry about setting aside heavy capital investments to build cell towers, which cost around $100,000 (P5 million) per site.

?We find that homes close to towers sell for a discount of up to 7.6% and that any noticeable effect disappears at 1500 feet.? ?On average, the potential external cost of a wireless tower is approximately $4132 per residential property, which corresponds to a negative price effect of 2.65%.

Here are the primary reasons that landowners choose to say yes to a cell tower on their property: Get Rental Income.Get Better Reception.Cash Out the Lease by Selling It (aka Lease Buyout)Increase the Overall Property Value.Aesthetics.Property Value.Maintenance.Health Considerations.

A cell tower company will typically need anywhere from 500-5,000 square feet of ground area on a tower installation.

Cell tower leases are a great opportunity for passive income; however only if properly negotiated. If Verizon or a representative has contacted you about a new or existing cell tower lease, this could be a chance to maximize the amount of rent you receive today as well as what you receive going forward.

On average, cell tower lease rates in the United States range between $1,500 and $3,500 per tenant, per month, which is equivalent to $18,000 and $42,000 per tenant, per year.

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In 2008, Verizon proposed a deal in which the cellular company would pay 50 million and take over the space on the north side of the Miami Herald headquarters. The paper sold the building last year. The sale of the land has not yet closed, but the purchase is not necessarily a done deal. The Florida Bar has been informed that the firm wants to make a motion that would require the court to allow a trial before the final judgment is reached in the sale. That is the bar for any such sale involving the state of Florida and its courts, according to Florida Bar lawyer Joe Arjuna. It is also something that should be explored at “anytime in the near future” by the Florida Bar. “It would not be an unusual case to explore, given that the land is subject to a court action,” he said. A representative for the Herald referred all inquiries to Verizon. This is not the first time the paper has been involved in litigation concerning the sale of a piece of property to a third party.

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Miami-Dade Florida Lease of Water Tower Space for Cellular Antenna

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