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1650 Airport Dr
Cleburne, TX 76033
Hangar 98 · Property For Lease · 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 | Specialty | Building Size | 12,000 SF |
| Property Subtype | Airplane Hangar | Year Built | 1998 |
| Property Type | Specialty |
| Property Subtype | Airplane Hangar |
| Building Size | 12,000 SF |
| Year Built | 1998 |
