Listing Details


Listing ID: 964

10 Airport Rd, Morristown NJ_MMU Hangar
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Company

CBRE

Listing Details

Date Posted: 05-15-2017
Location: 10 Airport Rd
Morristown, NJ 07960

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Property Information

Listing Type: For Sale

Website: Visit Our Website

Property Type: Hangar

Office/Shop Space: Internal, 3840 sf

Listing Description:
CBRE is pleased to offer this well-appointed 20,800 SF aircraft hangar for sale at the Morristown Airport. This is a rare opportunity for an aircraft operator to secure its own hangar in the high-demand and exclusive tri-state hangar market. The hangar currently has aircraft tenants that lease 10,845 SF of the hangar bay through February 2019, making this an attractive investment for an aircraft owner to enjoy lease revenue on any unused space, and/or for an investor. The sale includes a ground lease through 2073, which includes 4 x 10-year extension options.

Hangar Dimensions: 128’ W x 120’ D
Hangar Size: 15,360 sf

Name of FBO: Signature Flight Support

For Sale Information:

Listing Price: $3,000,000.00

Hangar Type: Corporate

Additional Property Information

Land Rights and Terms: Direct Airport Ground Lease
Direct Airport Land Lease Period: Tenancy for Years
Ground Lease Terms Being Offered: None
Door Type: Stacking
Utilities: Heat, Electricity, Water/Sewer, Compressor

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MORRISTOWN MUNI
10 Airport Rd, Morristown, NJ 07960

Available Hangar Space:
128' W x 120' D

Short Description

CBRE is pleased to offer this well-appointed 20,800 SF aircraft hangar for sale at the Morristown Ai...

Hangar

For Sale

See Details