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Facility Info:
• Approximately 140,000 square feet of hangars, office, shop and storage space
• 454,400 SF ground lease with City of Ft. Worth, and 114,312 SF of first right of refusal on undeveloped property
• Gated entrance to airside-public entrance for customers and employees
• Located adjacent to City of Ft. Worth fire station; facility visible and accessible from Main street
• Over $4 million in facility improvements completed in 2007
• Over 100,000 square feet of new concrete aircraft parking apron
Investment Info:
• Approximately thirty-eight years remaining on ground lease with City of Ft. Worth
• All Leasehold improvements are property tax exempt
• Excellent upside potential with approximately 160,000 square feet of unimproved land available for immediate development
• Tenant responsible for all facility maintenance and expenses – excluding ground rent to the city
• Facility 100% occupied - tenant has been in business for over 38 years
Airport Info:
• Three runways, ILS/ DME, ASOS - longest runway 7501’ x 150’
• Four full service FBO’s on the field, ARFF station, 24 hr control tower, automated flight service station, US customs service
• Airport located 5 minutes north of downtown Fort Worth
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