1001 Airport Rd Lot 3 Block 3 Destin, FL 32541

Listing Agency Somers & Company j**@somerscompany.com Show Phone

Listed by John Paul Somers · License #FL 3210089

Source Crexi

Added: Jul 20, 2023 Checked: Jul 15 at 9:00 pm

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Investment Insights

Based on property information with market context.

Located in Destin, Florida, the Destin Executive Airport (DTS) offers a hangar opportunity with a lease term maturing in 2037, and a 20-year option to renew. The hangar features a large automatic roll-up door for rear vehicle access and an automatic bifold door, both equipped with sensors that shut off the air conditioning units when opened. The bifold door opening width is approximately 64 feet, with a tail clearance of about 18 feet. The hangar depth is approximately 52 feet, and the height in the center is approximately 30 feet. The rear commercial roll-up door has a height of approximately 14 feet and a width of approximately 12 feet. This hangar can accommodate a variety of aircraft.

Key Highlights

• Rare private leaseholder interest at Destin Executive Airport (DTS).
• Lease term matures in 2037 with a 20‑year renewal option.
• Large automatic bifold door (±64' opening width, ±18' tail clearance).

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FAQs

What type of property is this?

Aviation real estate - Private leaseholder interest in a Destin Executive Airport hangar.

Where is this aviation real estate located?

The property is located at 1001 Airport Rd Lot 3 Block 3 Destin, FL.

What is the asking price?

The asking price for this property is $850,000.

What are key features of this property?

This property features: Rare private leaseholder interest at Destin Executive Airport (DTS).; Lease term matures in 2037 with a 20‑year renewal option.; **Large automatic bifold door (±64' opening width, ±18' tail clearance).**