Independent consultants helping property owners negotiate stronger Verizon lease terms.
For property owners like you, getting an offer from Verizon to lease part of your rooftop for a cell tower might sound like a guaranteed windfall. However, you should be aware that Verizon hasn’t become one of the nation’s top cellular service providers just by handing out big checks to landlords. Negotiating your cell tower lease valuation can be a tricky procedure, as the carrier will do anything and everything possible to ensure the terms favor it first and foremost. Although there are many who say they know exactly what Verizon cell tower lease rates should be, the truth of the matter is there are a lot of variables in play.
If you want to be sure you’re getting the highest value from your lease, you need more than a rough estimate from someone on the Internet. You need a partner with the know-how to guide you through the negotiations and ensure your best interests are always being protected. Nexus Towers is here to be the partner you need, offering the benefits of our knowledge and negotiating expertise to make sure you get the best terms for your property.
Why Average Verizon Lease Rates Mislead Owners
Many sources on the Internet say average Verizon cell tower lease rates are anywhere between $1,000 and $2,000 a month, giving property owners certain expectations when considering a lease. However, these figures are often based in pure speculation, as cell tower lease valuation is influenced by a variety of factors. Each property is unique, and the type of building, exact location and carrier demand in the area can bring the value of a potential lease up or down.
How 5G Expansion Affects Verizon Lease Rates
The ongoing demand for 5G expansion and small cells in urban areas means Verizon and most other carriers have been snapping up leases in places with larger populations. On the other hand, that need for more coverage also means Verizon is cautious about how much it spends on those leases. That means the company will resist paying you the full value of your property. This is why having Nexus Towers on your side at the negotiating table is a good idea.
Mistakes Property Owners Make with Verizon
Unfortunately, too many property owners fail to understand what they’re getting into as they talk to Verizon. Some of the most common lease mistakes they make include taking the first offer without negotiating lease protections when reviewing the lease. The expert consultants at Nexus Towers can protect owners from the long-term financial effects these mistakes can cause.
Verizon Lease Rates vs. Other Carriers
It’s difficult to truly compare Verizon’s leases to AT&T lease rates, T-Mobile lease rates or Dish lease rates because of the intricacies of the valuation process. There are simply too many factors that have an effect on the final value of a lease with any of the carriers. In general, however, Verizon tends to be more assertive in its negotiations than the others, which is why it pays to have Nexus Towers working on your behalf. We benchmark across all carriers to help you maximize your returns.
Buyout vs. Long-Term Rents
Depending on your circumstances, you may be in a position where you need to choose between a buyout vs. a long-term lease. Accepting a lump-sum payout for your lease might make more sense than staying in it and collecting regular payments, but there are a lot of pros and cons to consider. Nexus Towers has the knowledge and know-how to help you make the most informed decision, including expertise in all the tax considerations in buyouts and other variables.
Why Property Owners Choose Nexus Towers
Property owners like you know they can trust us because we’re an independent lease consulting firm. We’re not brokers or buyers, meaning you can count on us to keep your best interests as our highest priorities. We’ve helped owners in more than 25 states, and we’ve earned a reputation as trusted advisors throughout the Verizon lease negotiation process.
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The Leaders in Cell Tower Lease Negotiation
If you’re ready to learn more about Nexus Towers’ independent lease consulting and how it can help you secure the best Verizon lease negotiation for you, get in touch with us today.
