1160 Navajo Airplane Hangar #8 @ 4 Cor Regional Airport St Farmington, NM 87401

This exceptional 2,501 square foot executive airplane hangar is situated at the Four Corners Regional Airport in Farmington, New Mexico. Boasting a 42-foot wide, bifold Schweiss electric overhead door and a convenient walk-in service door, this hangar offers ample space for aircraft storage and maintenance. The hangar's dimensions are impressive, measuring 40 feet deep and 62.5 feet wide. The property is in like-new condition. A significant advantage is the existing 20-year hangar land lease agreement with the City of Farmington and the Four Corners Regional Airport, ensuring long-term occupancy. This lease agreement extends to March 31, 2039, and includes a valuable 15-year renewal option. The annual land rent is a reasonable $650.26. The airport features a secure gated entrance, providing peace of mind and enhanced security. This presents a unique opportunity to acquire a premium hangar space in a desirable location with a stable and predictable lease arrangement. Serious inquiries are encouraged. Please allow a minimum of 24 hours' notice for scheduling a viewing.