500 Aviation Way

Active

Lebanon, TN 37090

Bedrooms
0
Bathrooms
0.00
Sq Ft
Acres
Updated 37 minutes ago MLS #: 2819092 Listed 4 months ago

$6,500,000.00

Est. Monthly: $31,371.92

About This Property

This newly constructed 250' x 100' 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. Lease option available, see MLS # 2819091

Location

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.

Interior Features

Exterior & Property

Schools

Property Details

Property Type Commercial Sale
Property Sub Type Warehouse
Year Built 2022
Listing Office Haven Real Estate
Listing Agent Scott Weckler
MLS Logo

MLS Information

Based on information submitted to the MLS GRID as of 2025-09-02T10:33:54+00:00. All data is obtained from various sources and may not have been verified by broker or MLS GRID.

Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Market Insights

Explore market data for Lebanon

Lebanon Market

City-wide statistics

Explore Lebanon
774
Active Listings
$851,224.11
Avg Price
2,689
Avg Sq Ft
3.4
Avg Bedrooms

No Neighborhood Data

This property doesn't have specific neighborhood information available.

Property History

Timeline of listing events and status changes

Sold

MLS# 2819091

Property sold and closed

4 months ago • Apr 30, 2025

138 days on market

$30,000.00

Currently Listed

MLS# 2819092

Currently active listing

4 months ago • Apr 17, 2025

138 days on market

$6,500,000.00

Explore the Area

Explore Lebanon

Discover all homes, neighborhoods, schools, and market trends in Lebanon, TN.

774 active listings • Avg $851,224.11

No Neighborhood Data

This property doesn't have specific neighborhood information available.