Building Details

Building Size 15,000 SF

Year Built 2020

Stories 1

Listing Agency: Re/Max Mena Real Estate, Inc.

Listed By: Kevin Smallwood · License #EB00069358 Show Phone

Source: Diamondcountryrealty

Added: Oct 23 Last Checked: Oct 23 at 5:59PM

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Investment Insights

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Built in 2020, this 15,000-square-foot aviation hangar at Mena Intermountain Municipal Airport has direct taxiway access to the runway. Its 125' x 24' folding door accommodates aircraft such as a DC-3. The main work area has gas space heaters, and the concrete floor is plumbed for in-floor heating, although a boiler is not installed. Central heat and air serve the office and bathroom areas. The building also includes three offices, a bathroom, and a tool room, with two separate storage buildings and a Conex container on site.

The improvements occupy land leased from the City of Mena under a 25-year ground lease, with approximately 18 years remaining. The lease requires approval and assumption by the incoming party.

Key Highlights

• 15,000‑square‑foot aviation hangar built in 2020
• Direct taxiway access to the runway at Mena Intermountain Municipal Airport
• 125' x 24' folding hangar door sized for aircraft such as a DC‑3

Property Analytics

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Open Analytics

Current Use

Aviation real estate

Suggested Use

Top Pick Storage Facility Real Estate Agency Restaurant Bed & Breakfast Electronics & Wireless Store Hotel & Motel

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)

Lease Type

Location Intelligence

Trade Area within ½ mile

30

Businesses Nearby

Explore this area Business Placement

Demographics for 71953, AR

14,090

Population

6,924

Households

2

Avg Household Size

46

Median Age

20%

College-Educated

90%

High-School Grad

683.9 sq mi

ZIP Area

21

Density / Sq Mi

$52,355

Median Household Income

$31,904

Median Earnings

$743

Median Rent

$144,200

Median Home Value

Frequently Asked Questions

What type of property is this?

Aviation real estate - Direct runway access supports aircraft operations, maintenance, and restoration activities.

Where is this aviation real estate located?

The property is located at 255 Polk Road 52 Mena, AR.

What is the lease rate?

The lease rate is $535,000.

What are key features of this property?

This property features: 15,000‑square‑foot aviation hangar built in 2020; Direct taxiway access to the runway at Mena Intermountain Municipal Airport; 125' x 24' folding hangar door sized for aircraft such as a DC‑3