2408 Airport Rd - Specialty FOR SALE


Gainesville, TX 76240
$2,550,000 USD
682-225-3262
2408 Airport Rd, Gainesville, TX for Sale
$2,550,000 USD
Specialty - FOR SALE
1/24
null | Request Cap Rate

2408 Airport Rd
Gainesville, TX 76240


HIGHLIGHTS

  • Features an 80' x 20' Power Lift hydraulic hangar door.
  • Constructed new in 2023 with modern aviation infrastructure.
  • Midfield airport location with secured gated airside access.

OVERVIEW

FOR SALE or LEASE Commercial Aircraft Hangar at Gainesville Airport (KGLE) Overall building footprint: 145' deep x 99' wide (14,355 sq ft) Hangar bay: 125' deep x 99' wide 80' wide x 20' tall hangar door opening Power Lift brand hydraulic hangar door Polished concrete hangar floor Direct, quick taxiway and runway access Hangar located midfield; auto parking is open the public, airside access is gated and secured 1,980 sq ft climate controlled pilot’s lounge, office and restrooms + open shop space or future office City water and sewer Constructed new in 2023 30-year airport ground lease with two consecutive 5-year options (40 total) Ground lease term expires on or about October 1, 2059 (including the two 5-year extension options) Excellent property for corporate flight department or an aviation related business! Lease Rate/Term: $14,355 per month ($12.00 psf/year) Please call Ryan Cox quick if you want this hangar: 682-225-3262

FOR SALE DETAILS

PRICE

$2,550,000 USD

PRICE/SF

$178 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Owner User

ON GROUND LEASE

Yes

BUILDING DETAILS

PROPERTY NAME

Gainesville Airport (KGLE) Texas

PROPERTY TYPE

Specialty

ADD'L SUBTYPES

Airport

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

2023

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2 AC

LAND SF

87,120 SF

ZONING

Aviation Related

APN/PARCEL ID

24241

ASK ABOUT THIS PROPERTY

Ryan CoxAirSpaceMore Info
682-225-3262

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Ryan CoxAirSpaceMore Info
682-225-3262

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.