Corporate Aircraft Hangar Lease
City of Portland > Portland Airport Authority
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The Portland Airport Authority is soliciting proposals from qualified individuals, businesses, corporations, or other entities to lease and operate an approximately 8,000-square-foot existing box hangar at Portland Municipal Airport. The facility measures approximately 80 feet by 100 feet and includes a 60-by-19-foot bi-fold aircraft door, approximately 500 square feet of office space, and separate men's and women's restrooms. Permitted uses include aircraft storage, flight school operations, aircraft maintenance, and other approved aviation-related activities; aircraft painting and use as a primary residence are prohibited. The initial lease term is one year, with up to four additional one-year renewal periods, for a potential five-year term. The minimum annual rent is $60,000 for each year. Proposals must include the Hangar Proposal Form and information about the proposer's qualifications, aviation experience, proposed use, aircraft, requested lease term, financial proposal and capability, references, and relevant disclosures. The successful tenant must maintain the premises, obtain and maintain insurance appropriate for its operations and acceptable to the Authority, and comply with airport, aviation, safety, environmental, and other applicable requirements.
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