Corporate Hangar at Lebanon Municipal Airport

  • $7,000,000
500 Aviation Way, Lebanon, TN 37090
For Sale For Sale
Corporate Hangar at Lebanon Municipal Airport
500 Aviation Way, Lebanon, TN 37090
  • $7,000,000

Overview

  • Hangar
  • Property Type
  • M54
  • Airport Code
  • Private Airport
  • Airport Status
  • 2
  • Runways
  • 5000 ft.
  • Runway Length
  • Paved
  • Runway Type
  • Has Hangar
  • Has Hangar?
  • 100 ft.
  • Hangar Door Width
  • 28 ft.
  • Hangar Door Height

Description

Fully leased aviation infrastructure investment at Lebanon Municipal Airport (M54), serving the Nashville metropolitan region. The ±25,250 SF corporate-scale hangar is leased to a Large Institutional Medical Center under a 10-year true NNN structure with 3% annual contractual escalations. Tenant is responsible for taxes, insurance, maintenance, utilities, and all expenses, providing stable and predictable income. Corporate hangar product of this scale in the Nashville MSA remains extremely limited, with new construction replacement costs exceeding $250-300/SF for shell structures alone. This offering represents a rare opportunity to acquire stabilized aviation real estate backed by institutional medical credit in a supply-constrained market. Confidential offering. Detailed financials and lease documentation available upon request.

  • Address 500 Aviation Way, Lebanon, TN 37090
  • City Lebanon
  • State/county Tennessee
  • Zip/Postal Code 37090
  • Area Lebanon Muni (M54)

Airport details

Updated on August 31, 2026 at 11:21 am
  • Airport Name: Lebanon Muni
  • Airport Code: M54
  • Runways: 2
  • Airport Status: Private Airport
  • Tower: No Tower
  • Fuel: 100LL, A
  • Customs: No Customs
  • Airport Owner Phone: 615-443-2839
  • Airport Manager Phone: 615-444-0031

Runway Details

Updated on August 31, 2026 at 11:21 am
  • Runway: 01/19
  • Length: 5000
  • Width: 100
  • Type: Paved
  • Lighted: Not Lighted
  • ILS: No ILS
  • Runway2: 04/22
  • Length: 1801
  • Width: 150
  • Type: Grass
  • Lighted: Not Lighted
  • ILS: No ILS

Hangar details

Updated on August 31, 2026 at 11:21 am
  • Has Hangar?: Has Hangar
  • Hangar Size: 25250
  • Hangar Door Width: 100
  • Hangar Door Height: 28
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Property details

Updated on August 31, 2026 at 11:21 am
  • Property ID: AV49571
  • Price: $7,000,000
  • Year Built: 2023
  • Property Type: Hangar
  • Property Status: For Sale

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Listed By:

Robby Davis,
615-795-0000,
Stream Realty Partners, LP,

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