Friday, November 29, 2013

Top Cell Tower Lease Rates by State

Who Leases Cell Phone Towers Pie Chart
Carriers Leasing Cell Phone Tower Space
What is the value of leasing a property or cell tower these days in various states? Here are some lease rate ranges we have uncovered from various sources the internet and have sorted this list from most lucrative to least lucrative.  What is most interesting about the States ranked below is that the most expensive lease states have the worse Verizon Wireless 3G coverage.  Verizon Wireless is spending a lot of money on LTE and we think these are the areas they are focusing on first.  The rates below apply to locations that will have more than 1,000 calls or data connections per hour at peak times and would require multiple carriers like AT&T, T-Mobile, Sprint, Clearwire, MetroPCS, Tracfone or another smaller regional carrier to be piggybacking on the same site.  Here is a list of what the rates could be ranked in order:

Massachusetts - $91K - $535K
New York - $30K to $535K
New Jersey - $39K - $514K
Maryland - $121K - $489K
Vermont - $92K - $412K
Arizona - $17K - $283K
New Hampshire - $158K - $412K
Pennsylvania - $23K - $331K
Florida - $20K - $310K
Georgia - $25K - $265K
Rhode Island - $27K - $290K
Virginia - $65K - $230K
Alabama - $25K - $226K
North Carolina - $23K - $206K
Alaska - $14K - $161K
Maine - $88K - $157K
West Virginia - $87K - $105K
Washington DC - $80K - $123K
South Carolina - $25K - $83K

Some of the variable determining lease rates include: Location, Cell Tower Type, Height, Latitude and Longitude, FCC Identification Number (if registered), Carriers on the Tower (if any), Owner of the Tower, Initial Owner/Developer of the Tower, Ground Lease Rate, Collocation Lease Rates

4 comments:

  1. What do these rates represent? Rent per year for multiple carriers?

    ReplyDelete
  2. We are fighting a T-Mobile cell tower to be erected on country club property behind our home in Fairfax, VA. Is it public information what T-Mobil has offered to pay for the annual lease of the property they want? Is your chart a listing of the annual lease amount? contact me at moneychief@aol.com

    ReplyDelete
  3. Most cell sites have a minimum of 2 and feasibly 3 tenants. The chart is annual amount.

    ReplyDelete
  4. Mary,

    No- Lease rates are not required to be shared with the public unless T-Mobile is signing a deal with say a School Board or County.

    ReplyDelete

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