500 Aviation Way, Lebanon, Tennessee 37090
TN, Lebanon-
Active Status
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3 Dayz On Cribz Total Days
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Commercial Sale Property Type
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25250 Total Sqft $257/sqft
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2022 Year Built
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This newly constructed 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.
- Property Type: Commercial Sale
- Listing Type: For Sale
- MLS #: 2819092
- Price: $6,500,000
- Year Built: 2022
- Office Name: Haven Real Estate
- Agent Name: Scott Weckler
- Property Sub Type: Warehouse
- Roof: Metal
- Listing Status: Active
- Street Number: 500
- Street: Aviation Way
- City Lebanon
- State TN
- Zipcode 37090
- County Wilson County, TN
- Longitude: W87° 41' 3.1''
- Latitude: N36° 11' 20.8''
- Zoning: Commercial
- Directions: Take I-40 East from Nashville, exit at 239B, then follow signs to Maddox Simpson Parkway, turn onto Airport Road, then left on Aviation Way to reach 500 Aviation Way in Lebanon. Flying in? Hangar is south of FBO on the West side of the airport.
- Building Size: 25,250
- On Market Date: April 17th, 2025
- Previous Price: $6,500,000
- Co List Agent Full Name: Shelley Weckler
- Co List Office Name: Haven Real Estate
- Mls Status: Active
- Originating System Name: RealTracs
- Special Listing Conditions: Standard
- Modification Timestamp: Apr 19th, 2025 @ 2:58pm
- Status Change Timestamp: Apr 17th, 2025 @ 11:44am
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