Cell Tower Leases

Those seldom noticed vertical obelisk are actually income producing properties.

Wireless carriers and tower companies own or manage cell towers on land leased from various property owners across the country. Property owners collect ancillary lease income, the amount of which depends on tower location, local population density, and nearby traffic counts, among other things.

by James Kennedy

– See more at: http://www.ccim.com/cire-magazine/articles/323735/2015/01/cell-tower-leases#sthash.zPrnba7Z.dpuf

 

 

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