PROPERTY OVERVIEW
A rare opportunity to acquire the leasehold interest in a 14,952 ±SF Class S twin-unit corporate hangar complex at Leesburg International Airport (KLEE) in Leesburg, Lake County, Florida. Constructed in 2015 to an original budget exceeding $5 million, the facility features two completely independent and mirror-image hangar/suite units, each combining a 4,900 SF open-span aircraft hangar with a 2,576 SF executive mezzanine suite (3 OFFICE/3BA). Following approximately $397,000 in code-compliance upgrades and renovations in 2022-2023, both units are currently vacant and available for immediate occupancy. The property sits on a 33,492 SF (0.77 AC) site under a Triple Net ground lease from the City of Leesburg expiring October 2043.
BUILDING SPECIFICATIONS
Total GBA: 14,952 ±SF (2 units of 7,476 SF each) | Year Built: 2015 | Building Class: S / Good to Excellent
Hangar Bays: 2 x 4,900 SF open-span; polished concrete floors; clear height 11-25 ft
Hangar Doors: 2 electric sliding doors — each 18'H x 60'W (one per unit)
Vehicle Doors: 2 grade-level vehicle access doors
Mezzanine Suites: 2 x 2,576 SF; each with 3BR/3BA (master suite w/ WIC); full kitchen; open living/dining; office/den; private balcony with airfield views
HVAC: Central HVAC per unit | Fire Protection: Wet sprinkler + fire alarm
Parking: 10 dedicated spaces | Flood Zone: X (Unshaded) — minimal risk
Foundation: Poured reinforced concrete; pre-engineered metal insulated siding; standing seam metal roof