Cell towers / Cellular Tenant in commercial property

[Shanti S.]

I searched but didn't find any information on this so I thought maybe this thread could collect any experience out there on the subject - having cell antennas installed on your commercial building as an additional stream of income.

I've been eyeing a vacant property for a couple of years now, it's commercial with a beautiful hilltop site in an area with spotty cell coverage. It already has a tower on it where cell antennas could be installed without changing the look of the property at all - so improved cell service for everyone with no new ugly cell tower to complain about.

Anyone have experience courting cellular companies or leasing to them?

I would love to own this property but until I thought of this I was struggling with how it would pay for itself - this income stream could possibly make the difference between a good deal and a bad one...there is a ton of space to rent out here as well.