Paine Field 2.83 ACRE LOT WITH DIRECT RUNWAY ACCESS AT PAINE FIELD, WA EXCELLENT LOCATION TO BUILD A HANGAR FACILITY FOR A PRIVATE FLIGHT DEPARTMENT, FBO, MRO, OR OTHER AVIATION-RELATED BUSINESS
HISTORIC FLIGHT FOUNDATION 10727 Bernie Webber Dr Mukilteo, WA 98275 This is a rare opportunity to secure an optimally located shovel-ready, 2.83-acre lot with direct runway access at Paine Field. The site had been approved for a 52,000 SF building, and is an excellent location to build a hangar facility for a private flight department, FBO, MRO, or other aviation-related business. It offers a convenient and cost-effective alternative to Boeing Field, and still has nearly 40 years remaining on the airport ground lease. The owner has spent a significant amount of time and resources getting this lot shovelready and building the surrounding infrastructure, and is open to a variety of sale or lease scenarios. 2
Paine Field Highlights 52,000 SF building has already been designed and approved. Click here to view fly-through video Owner has completed a 1,200 ft. taxi lane built to the standards of a Boeing 737 Aircraft Owner has completed storm water retention basins and dynamic compaction of the ground to support aircraft weighing up to 500,000 pounds Nearly 40 years remain on the airport ground lease Direct runway access Ample parking spaces available Infrastructure already in place Purchase Or Lease Structure Available The owner is open to a variety of sale of lease scenarios for a party to secure this site. Examples include: Sale of owner s leasehold interest in Lot 13 for $2.3 million Sale of owner s leashold interest in Lot 13 and a build-to-suit facility Build-to-suit facility with long-term lease-back 3
ELECTROIMPACT Paine Field HISTORIC FLIGHT FOUNDATION Located in Everett, Washington, Paine Field/Snohomish County Airport is home to over 550 aircraft, including single engine recreational aircraft, corporate jets, vintage Warbirds and Boeing Dreamliners. The airport offers high quality aviation facilities, including an FAA tower, a 9,010 ft. runway, Cat 1 ILS, Part 139 certification, FBO services and convenient access to Seattle, Bellevue and Redmond. MU Paine Field recently approved commercial flights and is working to complete a new passenger terminal in 2018. Alaska Airlines, Southwest Airlines and United Airlines are anticipated to begin commercial service by early 2019. T K IL S EO P Y WA D E E FLYING HERITAGE & COMBAT ARMOR MUSEUM EMC UTC ESTERLINE CONTROL SYSTEMS - KORRY PAINE FIELD BUSINESS OFFICE VAUPELL ENGINEERING BE WASHINGTON TRAINING & RESEARCH CENTER (WATR) VE Y RL R PA K AD RO A IR 4 PO R RT D OA
PAINE FIELD BLVD PANASONIC AVIONICS DREAMLIFTER FUTURE OF FLIGHT GE Paine Field FUTURE COMMERCIAL PASSENGER TERMINAL (Alaska, United and Southwest Airlines) DELIVERY PAINE FIELD ADMINISTRATION OFFICE 10727 Bernie Webber Dr Mukilteo, WA 98275 526 UTC SNO-ISLE TECH SCHOOL MAIN CAMPUS XPO LOGISTICS CADENCE UTC COMMUNITY TRANSIT BOEING FREEWAY (SR-526) N 5
Paine Field Paine Field Katrin M. Gist Vice President National Lead, CBRE Airport Properties +1 206 947 1399 katrin.gist@cbre.com 2018 CBRE, Inc. All rights reserved. This information has been obtained from sources believed reliable, but has not been verified for accuracy or completeness. Any projections, opinions, or estimates are subject to uncertainty. The information may not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property and verify all information. Any reliance on this information is solely at your own risk. CBRE and the CBRE logo are service marks of CBRE, Inc. and/or its affiliated or related companies in the United States and other countries. All other marks displayed on this document are the property of their respective owners. Photos herein are the property of their respective owners and use of these images without the express written consent of the owner is prohibited. PMStudio_Aug2018