3 Hangars for sale at KFFZ Falcon Field Mesa AZ

Description:

I have 3 total hangars for sale (photos are of the smaller hangars):

2 of them are 50' wide and 30' deep (1 is under contract awaiting closing, accepting backup offers and/or 2nd one is still available). Perfect for light single/twins with room to park next to the plane and plenty of storage left over...

1 is a standard 50' wide and 40' deep hangar (under contract awaiting closing, accepting backups).

These hangars are 900-1200 per quarter for: HOA, taxes, ground lease etc. They are on the coveted north side of Falcon Field (KFFZ) which is awesome. It is quiet and the city doesn't bother us PLUS all the flight schools and most of the traffic use the south runway, so you can get in and out easily without a wait. LONG lease +/- 31 years remaining and its already been extended prior (Mesa has shown they want these hangars to remain)... unlike most surrounding airports.

Comps are hard to find (so if you have good information I'd love to discuss it), but I'm asking $355k for the 50x30 and 450k for the 50x40. All are currently rented if you wanted to leave income producing tennants in place, or you can terminate month to month leases (tennants have been in place for 6mo, 7 years, and 10+ years). HOA is talking about extending with the city this coming year, and multi-million dollar new build hangars are going up around the complex which is raising values... get while the getting is good.