For Sale Or Lease

Price: $2,400,000.00

Lease Rate: $26.00/SF/year

CBRE is pleased to offer an approximately 14,440 SF aircraft hangar facility for sale or lease at the Youngstown-Warren Regional Airport. This versatile hangar would be an ideal fit for a variety of aviation venues including MROs, aviation-related businesses, and private aircraft storage. The facility includes ample office, lobby, and storage
space, and features a private entrance with a fenced-in parking area that provides direct access onto the ramp.

Property Highlights:

• Hangar door dimensions: 70’ width x 20’ height
• Interior clear height: 29’5” to peak of ceiling
• Five offices
• Conference room
• Lobby area
• Storage room
• Restrooms/shower
• Fenced-in parking area with direct access onto the ramp
• Concrete ramp area
• Private entrance
• Ground lease term through 2048 including three (3) five (5) year options
• Potential fuel farm opportunity

Location:

The Youngstown-Warren Regional Airport is located in Vienna Township,
Trumbull County, Ohio. This Part 139 certified airport serves as a transportation
hub for the Mahoning Valley and surrounding areas, providing general aviation,
corporate, military, and commercial services. The airport features three asphalt
runways, the longest of which is 9,003 feet. Runway 14 features a Category I
ILS (Instrument Landing System), equipped with localizer (LOC), glideslope
(GS), and outer/middle marker beacons. Both Runway 14 and Runway 32
are equipped with RNAV (GPS) approaches for more flexible routing and
fuel efficiency. Medium Intensity Approach Lighting System with Runway
Alignment Indicator Lights (MALSR) is also available for Runway 14. Precision
Approach Path Indicators (PAPI) featuring color-coded light arrays help guide
pilots during approach and landing. A fully staffed FAA control tower on the
airfield is typically operated between 7:00 AM and 11:00 PM local time, and
provides services including ground control, local tower control, and clearance
delivery. Aircraft Rescue and Fire Fighting (ARFF) services are onsite at the
airport, ensuring safety for all operators.