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Investment Highlights

  • Higher Power Hydraulic Doors 18 x 60

Executive Summary

PROPERTY OVERVIEW
A rare opportunity to acquire the leasehold interest in a 14,952 ±SF Class S twin-unit corporate hangar complex at Leesburg International Airport (KLEE) in Leesburg, Lake County, Florida. Constructed in 2015 to an original budget exceeding $5 million, the facility features two completely independent and mirror-image hangar/suite units, each combining a 4,900 SF open-span aircraft hangar with a 2,576 SF executive mezzanine suite (3 OFFICE/3BA). Following approximately $397,000 in code-compliance upgrades and renovations in 2022-2023, both units are currently vacant and available for immediate occupancy. The property sits on a 33,492 SF (0.77 AC) site under a Triple Net ground lease from the City of Leesburg expiring October 2043.
BUILDING SPECIFICATIONS
Total GBA: 14,952 ±SF (2 units of 7,476 SF each) | Year Built: 2015 | Building Class: S / Good to Excellent
Hangar Bays: 2 x 4,900 SF open-span; polished concrete floors; clear height 11-25 ft
Hangar Doors: 2 electric sliding doors — each 18'H x 60'W (one per unit)
Vehicle Doors: 2 grade-level vehicle access doors
Mezzanine Suites: 2 x 2,576 SF; each with 3BR/3BA (master suite w/ WIC); full kitchen; open living/dining; office/den; private balcony with airfield views
HVAC: Central HVAC per unit | Fire Protection: Wet sprinkler + fire alarm
Parking: 10 dedicated spaces | Flood Zone: X (Unshaded) — minimal risk
Foundation: Poured reinforced concrete; pre-engineered metal insulated siding; standing seam metal roof

Data Room Click Here to Access

Property Facts

Sale Type Investment or Owner User
Sale Condition Ground Lease (Leasehold)
Property Type Specialty
Property Subtype
Airplane Hangar
  • Specialty Airport
  • Specialty Airplane Hangar
Building Class C
Lot Size 0.77 AC
Building Size 14,952 SF
No. Stories 2
Year Built 2015
Zoning P - Planned Development

Amenities

  • Controlled Access
  • Air Conditioning
  • Smoke Detector
Somewhat walkable
20/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100

Property Taxes

Property Taxes

Parcel Number
01-19-25-0500-038-00000
Land Assessment
$5,940,775 CAD
Improvements Assessment
$5,637,180 CAD
Total Assessment
$11,577,955 CAD
  • Listing ID: 40077695

  • Date on Market: 2026-04-08

  • Last Updated:

  • Address: 8600 Airport Blvd, Leesburg, FL 34788

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