TULLAHOMA FEE SIMPLE AIRPORT HANGAR


  • Commercial
  • For Sale
  • 707 William Northern Blvd
    Tullahoma , TN USA 37388

3250000 $3,250,000
Negotiable Terms

Scott Weckler

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  • Commercial
  • For Sale
  • 707 William Northern Blvd
    Tullahoma , TN USA 37388

Scott Weckler

Scott

1003 Pleasant Valley Rd

Greenbrier, TN 37073 USA

Map It

General Specs (cont.)

20.0

185.0 ft

125.0 ft

Yes

5500 ft

Paved

Detailed Description

Fee-simple airport hangar investment at Tullahoma Regional Airport (THA). Rare opportunity to own both the land and a 22,448 SF restored WWII aircraft hangar - no ground lease. Property includes deeded through-the-fence access to the airfield and approximately 90' of privately owned ramp/apron directly in front of the hangar. Property is currently leased to an aviation user providing $192,000 annual income on a Triple Net (NNN) lease with 3% annual escalations through September 2029. Hangar features two 90' wide door openings with 21' clear height, 800A/460V industrial power with additional 400A service, office space, machine shop, and bathroom with shower. Located approximately one hour from Nashville, Chattanooga, and Huntsville within a strong aerospace and manufacturing corridor.

Restrictions

NOT A GROUND LEASE!! OWED LAND