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FOR SALE: Thunderbird Executive Plaza Adjacent Falcon Field Airport | Owner/User

Property Details
Sale Price: $5,895,000 ($110.48/SF)
Year Built: 2000
Property Type: Office/Warehouse/Hangars
Building Size (SF): 53,356 SF

Description
Falcon Field is a general aviation (GA) reliever airport that serves as an alternative for civilian and military aviation uses (such as business, recreation and fixed-wing and helicopter flight training), so that Phoenix Sky Harbor International Airport and Phoenix-Mesa Gateway Airport can focus on international and commercial airline services. Neighboring Employers Include Boeing, MD Helicopters, Northrop Grumman, and Amazon. Falcon Field includes a total of 784 acres. The airport campus is located between Greenfield, Higley, McDowell and McKellips Roads in northeast Mesa. The airport has two active runways. The south, main Runway 4R/22L measures 5,100 feet. It can accommodate a wing span of 51.7 feet and landing weights of 38,000 pounds single axle, 60,000 pounds dual axle, and 90,000 pounds dual tandem. The north runway 4L/22R was built in the 1980’s and measures 3,800 feet. It can accommodate a wing span of 45.8 feet and a landing weight of 12,500 pounds single axle. The Boeing Company, Arizona’s top ranked aerospace/defense manufacturer, employs nearly 5,000 throughout the state, with its largest concentration in Mesa adjacent to Falcon Field. Boeing’s Attack Helicopters and Unmanned Airborne Systems divisions are headquartered in Mesa where the AH-64D Apache attack helicopter is built. Boeing has more than 500 suppliers and vendors in Arizona.

Highlights
Owner/User Opportunity Available
Property is Located in an Opportunity Zone
Own for Less than Leasing
Below Replacement Cost
Offsetting Occupancy Costs with Additional Tenant Income
Office Property has Hangars Available with Access to the Falcon Field Airport

 

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