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Listed by Scott Weckler • Haven Real Estate
$ 3,250,000
Est. payment | /mo
22,448 SqFt
$ 3,250,000
Est. payment | /mo
22,448 SqFt
Key Details
Property Type Commercial
Sub Type Warehouse
Listing Status Active
Purchase Type For Sale
Square Footage 22,448 sqft
Price per Sqft $144
MLS Listing ID 3179141
Lot Size 2.000 Acres
Acres 2.0
Property Sub-Type Warehouse
Property 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.
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.
Location
State TN
County Coffee County
Zoning Commercial
Interior
Fireplace N
Exterior
Roof Type Metal
Others
Special Listing Condition Standard
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