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FBO and Hangar Development Parcel For Sale at Waterbury-Oxford Airport

$ 4,500,000.00

Sale Waterbury-Oxford Airport, Oxford, CT

Description

CBRE is pleased to offer this exceptional
opportunity to build a world class FBO and/
or hangar development in the high-demand
and exclusive tristate hangar facility market.
The Waterbury-Oxford Airport is located
within driving distance, or an approximately
5-minute flight from the Westchester County
Airport in White Plains, New York, one of the
most sought-after and expensive corporate
airports in the United States. The leasehold
owner has spent significant time and resources
to get this parcel shovel ready, and it is
the only development site available at the
airport. This is a one-of-a kind opportunity
for an FBO, MRO, hangar developer, private
flight department, or other aviation-related
business to secure a highly attractive location
and business opportunity.

THE OPPORTUNITY:

• FBOs could attract aircraft owners looking
for an alternative to airports in the region
such as Westchester County and Teterboro
Airports
• Private flight departments could build
their own facility, self-fuel, and reposition
to another airport to pick up principal(s) if
needed, thereby creating significant longterm
savings
• Hangar developers/investors could develop
hangar facilities to lease or sell to private
aircraft owners looking for alternatives to
airports such as Westchester County and
Teterboro Airports
• MROs and other aviation-related business
could secure a prime location in a region
with a high concentration of private aviation

 

FEATURES:

• Leasehold includes FBO and fueling rights
• Owner has completed a full engineering and
soil study for the site, including soil testing,
elevations, drainage, and NEPA study
• Owner has completed architectural renderings
for a 125,100 SF state-of-the-art FBO facility
development
• Ground lease though June 30, 2057 including
10-year extension option
• U.S. Customs plans to have a location at this
airport in 2021

More details

Name Description
Advertiser's Name Katrin Gist

Ad details

Ad ID : 6444
Date Posted : 03-07-2019
1 week, 3 days ago
Sale
80 Views

Contact Information

katrin.gist@cbre.com (20)
Email Advertiser

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