Listing Details

Listing ID: 524

Updated 3121 NE Cornell Rd-Hillsboro_brochure Final (2)



Listing Details

Date Posted: 05-12-2015
Location: 3121 NE Cornell Road
Hillsboro, OR 97124

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Property Information

Listing Type: For Sale

Website: Visit Our Website

Property Type: Hangar

Office/Shop Space: Internal, 5700 sf

Listing Description:
GREAT OPPORTUNITY to acquire a nicely
appointed aircraft hangar in excellent condition
that is suitable for a variety of aircraft and
aviation operations. The property is located on
the northwest corner of the Hillsboro airport,
and is accessible via Perimeter Road, an access
road with a gated keypad entry that provides
added security.
• Located on 1.12 Acres
• Constructed in 1996
• Hangar bay is 13,000 SF with a sliding hangar
door that is 26 ft. tall and 110 ft. wide
• First floor includes 5,700 SF of offices, a
reception area, conference room, break rooms,
kitchen, storage and restrooms
• Additional 5,700 SF of mezzanine storage space
• Roof re-covered in February 2007
• The facility includes two 10,000 gallon
underground fuel storage tanks (currently
containing Avgas and jet fuel)
• Ground lease rate is $1,647.45/per month
• Current ground lease term through 2/28/25
Sale Price: $1,100,000

Hangar Size: 18,720 sf

Available Hangar Space: 18,720 sf

For Sale Information:

Listing Price: $1,100,000.00

Hangar Type: Private GA
Lot Size: 1.12 acre

Additional Property Information

Airport Location: HIO
Land Rights and Terms: Direct Airport Ground Lease
Direct Airport Land Lease Period: Tenancy for Years
Direct Airport Term: 10 years
Direct Airport Lease Rate or Amount per Year: $19,769.40 Total/Year
Ground Lease Terms Being Offered: Tenancy For Years
Land Lease Term: 10
Lease Rate or Amount per Year: 19,769.40 Total/Year
Door Height: 26
Door Type: Sliding