If you’re a property owner with a cell tower or rooftop antenna on your land or building, one of the most common—and most important—questions you might have is:
“What is my cell tower lease worth?”
At Airwave Advisors, we receive valuation and appraisal requests every week from landlords, estate planners, investors, attorneys, and real estate professionals. Whether you’re planning for a potential lease buyout, undergoing estate valuation, preparing for a property sale, or simply want to understand the true market value of your lease, our team is here to help.
With over a decade of industry expertise and thousands of leases reviewed, we provide independent, data-backed assessments you can trust.
Why You Might Need a Cell Tower Lease Valuation
There are several situations where a lease valuation is not just helpful—it’s essential:
🏡 Estate Planning or Probate
If a property with a cell tower lease is part of an estate, a professional valuation is often required for legal and tax purposes.
💰 Lease Buyout Offer
You may have received an offer from a third party to buy out your lease—but how do you know if the offer is fair? A proper valuation can help you make an informed decision.
🧾 Selling or Refinancing Property
Buyers and lenders want to understand the long-term income potential of your property. A lease valuation adds transparency and negotiating power.
🤝 Partnership or Ownership Disputes
When a property is co-owned or in dispute, a valuation can provide a neutral, expert opinion on the lease’s fair market value.
🧠 Pure Curiosity or Financial Planning
Even if you’re not planning to sell, it’s wise to know the current market value of your lease for portfolio tracking and strategic planning.
What Is My Cell Tower Lease Worth?
This is one of the most frequent questions we receive—and the answer depends on several key variables. To provide you with a reliable and professional lease valuation, we typically ask for the following:
📄 What We Need From You
- A copy of your cell tower lease agreement
- Any amendments or modifications to the lease
- The site address (if not already in the lease)
- The current monthly or annual rent you receive
- The name(s) of the tenant(s) using the tower (e.g., AT&T, Verizon, T-Mobile)
Once we receive this information, our team will conduct a customized analysis of your lease and its rental terms, taking into account:
- Comparable market lease rates
- The site’s location and zoning
- Tenant creditworthiness and lease structure
- Escalation clauses
- Site longevity and potential decommission risk
We do not provide “template” or generic lease estimates—every lease valuation is tailored to your specific agreement and site characteristics.
How Is a Lease Valuation Different from a Sales Valuation?
Great question.
A lease valuation determines what your lease is worth from a rental income perspective—useful for tracking asset value, estate purposes, or comparing market rent.
A sales valuation—also known as a lease buyout valuation—calculates what your lease could be sold for in today’s market. This is often used when a third-party company offers to buy out your lease in exchange for a lump sum payment.
What Is My Cell Tower Lease Worth If I Sell It?
To determine the sale value of your lease, we’ll need to evaluate similar items:
📋 Required Information for a Sales Valuation
- Current rent amount you receive (monthly or annually)
- The name of the tenant or leaseholder (e.g., Crown Castle, American Tower, Verizon)
- A copy of the lease and all amendments
- Any landlord restrictions in the agreement, such as:
- Right of First Refusal (ROFR)
- Exclusivity clauses
- Termination rights
Buyout companies look at the risk and return profile of your lease before making an offer. The stronger your lease—longer term, higher rent, limited termination risk—the more it’s worth on the secondary market.
💡 Pro tip: The length of the term you agree to sell plays a huge role in the price. A 50-year or 99-year lease easement will typically command a higher price than a 20-year sale.
What Impacts the Value of a Cell Tower Lease?
Many factors influence lease value, including:
🔹 Location
Urban, suburban, or rural? Is it a coverage-critical area or a redundant site?
🔹 Tenant Strength
Verizon, AT&T, and T-Mobile leases often command higher buyout values than smaller regional players or resellers.
🔹 Rent Escalations
Annual or periodic rent increases add long-term value to your lease.
🔹 Co-location Potential
Can additional tenants be added to the site? This increases site value.
🔹 Lease Restrictions
Clauses that restrict assignment or allow termination reduce buyer interest and pricing.
🔹 Lease Term Remaining
A lease with 25+ years left is more valuable than one expiring in a few years.
How We Deliver Valuation Services
At Airwave Advisors, our valuation services are trusted by:
- Property owners
- Attorneys
- CPAs
- Government agencies
- Estate executors and trustees
We offer timely, confidential, and accurate reporting, including:
- Verbal assessments
- Written valuation summaries
- Formal appraisal-style reports (by request)
- Consulting for lease buyouts and negotiations
Whether you’re evaluating a lease from American Tower, SBA Communications, or Crown Castle, we bring unmatched telecom industry knowledge to every analysis.
Do You Need a Cell Tower Lease Valuation or Appraisal?
If you’re asking yourself:
- “Am I being underpaid on my lease?”
- “Is my lease buyout offer fair?”
- “What should I tell the estate attorney or accountant?”
- “How much is my rooftop lease really worth?”
Then it’s time to talk to the experts.
Call Us Today
(888) 443-5101
We’ll guide you through what documents we need, what to expect, and how we can help you understand the true market value of your lease.
Trust Airwave Advisors—The Nation’s #1 Cell Tower Lease Experts
Since 2014, we’ve helped thousands of property owners across the U.S. navigate lease valuations, buyouts, and negotiations with confidence. Don’t make decisions in the dark—get clarity from industry experts who have your back.
About Nick G. Foster
Since founding Airwave Advisors® in 2014, Mr. Foster has added value to over 400 clients ranging from the State of Nevada, City of Beverly Hills, to Habitat For Humanity. Mr. Foster focuses on cell tower lease renewals, buyouts, new lease negotiation, and cell site lease management. Prior to starting Airwave Advisors® Mr. Foster founded and led the Cell Site Services Group within nationwide commercial real estate services leader Cassidy Turley (now known as Cushman & Wakefield).
