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A cell tower lease can be overwhelming to many property owners due to the many components and potential problems you may. To negotiate a cell tower agreement and generate the most rent or passive income by way of cell tower rent, a real estate owner, investor or developer can be pulled or can push through the. Looking to purchase a property which has a cell tower as well as house and shop. The seller is offering a percentage of the monthly rent from the cell tower company for existing on a portion. A cell tower lease agreement is a contract between a property owner and a cell tower company, allowing them to install and operate a cell tower on the property. The agreement outlines the.