1650 Airport Drive, Hangar 98 Cleburne Regional Airport, Cleburne, Texas 76033

  • 12,000 SF hangar/office facility built in 1988
  • Hangar Bay: 126’ wide x 76’ deep
  • Hangar door opening: 124’ wide x 24’ tail clear height
  • Downstairs: 3,000 SF of shell office space: executive offices, conference room, break room, parts room and restrooms
  • Upstairs: 2,736 SF of shell unfinished office and shop space: break room and office space
  • New concrete aircraft parking apron
  • Facility equipped with painting ventilation system, three‐phase electric, air compressors, backup generators and explosion proof lighting
  • Facility located within the secured gated portion of Cleburne Regional Airport

Leasehold Sale Price: $595,000.00

  • Leasehold Property: hangar is located on long term ground lease property with the City of Cleburne
  • 15-year ground lease with one 10-year option; ground lease term is through October 2041
  • Ground rent rate is $1,331.99 per year to the City of Cleburne
  • Ground rent is currently exempt for the first 10-years in exchange for Lessee improvements made