Rooftop Cell Site Lease Considerations

Leasing your rooftop as a cell site for a telecommunications company is a great way to generate residual income. However, you’ll have to keep certain factors in mind before you go ahead and sign a lease agreement.

First, you need to consider the potential security risk a lease agreement might pose to your property. The cell phone carrier will require year-round, 24 hours-a-day, 7 days-a-week access to your rooftop space in order to maintain the site and ensure uninterrupted service. Liability issues must, therefore, be addressed when crafting the lease agreement.

Second, it would be wise to keep in mind that by signing off on a lease agreement, you’re allowing the carrier to use your rooftop as they see fit. To protect the integrity of your building, as well as retain the right to secure leases with as many networks as possible for maximum profit, the lease agreement should set clear boundaries and provide you, the building owner, with a measure of control that doesn’t compromise either party’s interests.

Finally, you may also want to consider the long-term financial opportunities involved in closing a lease agreement. One such opportunity is selling your lease to a cell site investor for a lump sum that may eventually prove to be more profitable than the smaller monthly payments from a carrier.