1160 Navajo St Farmington, NM 87401

This exceptional, like-new executive airplane hangar is available for purchase at the Four Corners Regional Airport in Farmington, New Mexico. Boasting 2,501 square feet of space, the hangar features a generous 42-foot wide overhead door and a convenient walk-in service door. Its depth measures 40 feet, providing ample room for aircraft storage and maintenance. A significant advantage is the existing 20-year hangar land lease agreement with the City of Farmington and the Four Corners Regional Airport, extending until March 31, 2039, with a 15-year renewal option. The annual lease cost is $650.26. The property benefits from a secure gated entrance, ensuring the safety and security of your aircraft. Please allow a minimum of 24 hours' notice for scheduling a viewing. This presents a unique opportunity to acquire a well-maintained hangar in a prime airport location. The asking price for this exceptional property is $200,000.