$6,500,000
( )
 $34,893 est/mo Sourced by Back At You

500 Aviation Way,Lebanon, TN 37090

Lebanon, TN 37090

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Description

This newly constructed 250' x 100' Class B corporate hangar at Lebanon Municipal Airport (M54) presents a rare opportunity to own premium aviation space just 30 minutes from Nashville. Built in 2023, the hangar offers direct tarmac access and sits adjacent to a 5,000-foot lighted runway with Instrument Approaches. It is available in two size configurations - 12,500 or 25,000 square feet - and is designed to accommodate multiple luxury jets. The facility features heated and sprinklered interiors, dedicated office space, a break room, and eight private parking spaces. Two oversized hangar doors with 28-foot clear heights - one measuring 100 feet wide and the other 80 feet wide - offer excellent aircraft accessibility and operational flexibility. Located at Lebanon Municipal Airport, this property provides distinct advantages over other regional airports like BNA and JWN. Operators benefit from lower operating costs, no fuel purchase requirements, minimal airport restrictions, and quicker turnaround times due to reduced congestion. Lebanon’s airport also has long-term growth plans that prioritize tenant stability, meaning leases cannot be terminated for future expansion, unlike the growing pressure and space limitations faced at surrounding airports. Long term ground lease in place, more accessible services, and lower fuel costs, making it an ideal location for corporate flight departments, private operators, or aviation investment strategies. The seller is open to demising the space to suit the buyer’s needs, making this a flexible and highly desirable option in a competitive market. Lease option available, see MLS # 2819091

Details

MLS #2819092
Listing TypeFor Sale
StyleCommercial
Sub-TypeResale
StatusActive
Year2022
Days On Site89
Listing Provided ByHaven Real Estate | Scott Weckler

Features

SQ Feet25,250
ZoningCommercial

Interior

Heating Yes / NoNo
Cooling Yes / NoNo

Exterior

RoofMetal
Security FeaturesFire Alarm, Fire Sprinkler System, Security Gate, Smoke Detector(s)

Market Activity 37090

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 Listings courtesy of RealTracs MLS as distributed by MLS GRID.

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Learn More About This Property

StateTN
CountyWilson County
CityLebanon
Zip Code37090
AreaWilson County | TN
Listing VS Median (in 37090)
Price:
$6,500,000
low | high
Med:
$459,900
100% of Average
SqFt:
25,250
low | high
Med:
2,070
100% of Average
$ / SqFt:
$257
low | high
Med:
$222
63.69397993311% of Average
On site:
89
low | high
Med:
196.000000
45.408163265306% of Average
Sourced by Back At You
Listing Updated: April 29, 2025 at 11:01:59 PM PDT