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1650 Airport Dr
Cleburne, TX 76033

Hangar 98 · Property For Rent · 12,000 SF

About the Property

• 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 Property: hangar is located on long term ground lease property with the City of Cleburne • 20-year ground lease with one 10-year option; ground lease term is through October 2041 • Ground lease is 12,109 SF at a rate of $0.11 per square foot ($1,331.99 per month) • Ground rent is currently exempt in exchange for recent Les-see improvements

PROPERTY FACTS

Property Type Speciality
Property Subtype Airplane Hangar
Building Size 12,000 SF
Year Built 1998
  • Listing ID: 12802913

  • Date on Market: 08/06/2018

  • Last Updated:

  • Address: 1650 Airport Dr, Cleburne, TX 76033

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