0 Milligan Way, #BB-2, Medford, OR 97501

Merit Commercial Real Estate is pleased to exclusively present 0 Milligan Way, Unit #BB-2, a freestanding "T" style hangar at MFR in beautiful Medford, Oregon (the "Hangar"). Encompassing ±1,054 SF, the Hangar is a metal-frame T-Hangar strategically located at one of the best locations at the region's most popular airport, Rogue Valley International-Medford Airport (MFR).

The Hangar's dimensions are approx. 41'W x 33'D x 10'8"H, with a wing height of 8' which could be suitable for a wide range of small general-aviation aircraft. The Hangar benefits from convenient access in the first row adjacent the taxiway and is extremely close to the self-service fuel station. Immediately available, the Hangar provides flexibility for prospective buyers to store a personal aircraft or lease the space to a tenant offering the potential to generate rental income.

Buyers should note that the Hangar is subject to a ground lease with MFR; purchases and leases to a third-party will require approval from the airport. The ground lease is currently ±$67.02/month ($804.24/year) and additional utility fees which includes fees such as sewer, storm drain, and city fees. Buyer to verify all rights, restrictions, approvals and requirements related to the ground lease, including the ability to sublease the hangar and any required approvals from the airport/ground lessor.

MFR is a high-traffic regional airport with dozens of direct-access and layover routes and is a bustling private aviation hub. Additionally, there are two fixed-base operators (FBOs) onsite: Million Air Medford and Jet Center MFR that provide general aviation services on the field.The airport has also announced plans in recent years to double its size and capacity over the next few years, in order to accommodate the rapid growth of the region.

The opportunity is clear at 0 Milligan Way, Hangar #BB-2 for prospective buyers seeking an low-maintenance, strategically located hangar at MFR. Buyer is responsible for any and all due diligence. Contact the listing brokers today for additional information.