Listing Details

Listing ID: 1432

450 Pat Kennedy Way SW_Olympia Hangar Facility 3-22



Listing Details

Date Posted:03-29-2019
Last Updated:03-29-2019
Location: 450 Pat Kennedy Way SW
Olympia , WA 98501

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Property Information

Listing Type: For Sale

Website: Visit Our Website

Property Type: Hangar

Office/Shop Space: Internal, 4312 sf

Listing Description:
CBRE is pleased to offer this unique opportunity to secure a 37,288 SF aircraft hangar facility at the Olympia Regional Airport. The hangar has been used as an aircraft maintenance facility for many years, currently produces FAA-PMA parts, and is an FAA and EASA 145 Approved Repair Station. The facility is well-appointed for a similar operation to base in the region. The Puget Sound hangar market has become increasingly tight in recent years, and this facility is an ideal opportunity for a foreign MRO or aircraft manufacturer to have a U.S. location. The owner has an option on an approximately 5-acre parcel adjacent to the hangar facility.

Hangar Size: 21,000 sf

Available Hangar Space: 21,000 sf

For Sale Information:

Listing Price: $2,000,000.00

Hangar Type: Other

Additional Property Information

Land Rights and Terms: Direct Airport Ground Lease
Direct Airport Land Lease Period: Tenancy for Years
Door Height: 18
Door Type: Sliding
Utilities: Heat, Electricity, Water/Sewer