For Sale – Aircraft Refurbishing Facility
Located in Devine Texas
Aircraft Refurbishing Facility for Sale
Devine, Texas Municipal Airport (23R)
We are pleased present this opportunity to the market. This is the former Devine Air facility, owned by Aviation Fuels, Inc. The owner and founder has retired and is ready to sell!
The facilities consist of three hangars. The largest is more than 13,000 SF, with several hangar and work areas. It has one bay dedicated to an environmentally-friendly paint stripping process, which reclaims the hydrogen-peroxide blast material. The other hangar bays and offices are being used for paint stripping, upholstery shop and the former engine repair facility. The offices, upholstery & engine shop are air conditioned. The ground lease covers 100,000 SF, including plenty of ramp area.
There are two smaller hangars which are used for paint prep and painting, and are approximately 50’ x 45’ each. The paint hangar has a double-insulated roof, designed to prevent condensation drips, plus air compressors and filtration fan. Between these two hangars are a storage shed and open storage area, each approximately 10’ x 40’.
There is a tenant who occupies about ½ the total area. Tenant is currently paying $1,950/mo, and is on a month-to-month lease. Tenant is willing to stay and sign a long-term lease if desired.
The ground leases run through 2019, each with two ten-year extension options, which would run through 2039.
Sale includes equipment, such as tugs, engine test stand, fixtures, stripping reclamation system and more! Asking Price $400,000 or best offer.
There is no fuel on the airport. However, the airport would welcome fueling capabilities. Contact Norm Gallivan (239) 250-5658 or Michael Dye (303) 338-2010 with questions or for more information.