Asked on March 5, 2025

What is a tier 1 tenant?

Investors say the buy tier 1 tenant lease? What does that mean?

Answers to the question:

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Tier 1 tenants are co-located spaces, meaning there are at lease two major tenants (At&t, T-Mobile, Verizon, etc.) at the site.
Tier 2 tenants include one major carrier.
Tier 3 tenants are not a major carrier, such as a local internet provider.
Tier 4 is a vacant or cold steel location.

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