8600 Airport Blvd, Leesburg, FL 34788

A rare opportunity to acquire the leasehold interest in a 14,952 ±SF Class S twin-unit corporate hangar complex at Leesburg International Airport (KLEE) in Leesburg, Lake County, Florida. Constructed in 2015, the facility features two completely independent and mirror-image hangar/suite units, each combining a 4,900 SF open-span aircraft hangar with a 2,576 SF executive mezzanine suite (3 OFFICE/3BA). Both units are currently vacant and available for immediate occupancy. The property sits on a 33,492 SF (0.77 AC) site under a ground lease from the City of Leesburg expiring October 2043. New ground lease terms is most probable.

BUILDING SPECIFICATIONS

Total GBA: 14,952 ±SF (2 units of 7,476 SF each) | Year Built: 2015 | Building Class: S / Good to Excellent

Hangar Bays: 2 x 4,900 SF open-span; polished concrete floors; clear height 11-25 ft

Hangar Doors: 2 electric sliding doors — each 18'H x 60'W (one per unit)

Vehicle Doors: 2 grade-level vehicle access doors

Mezzanine Suites: 2 x 2,576 SF; each with 3BR/3BA (master suite w/ WIC); full kitchen; open living/dining; office/den; private balcony with airfield views

HVAC: Central HVAC per unit | Fire Protection: Wet sprinkler + fire alarm

Parking: 10 dedicated spaces | Flood Zone: X (Unshaded) — minimal risk

Foundation: Poured reinforced concrete; pre-engineered metal insulated siding; standing seam metal roof

GROUND LEASE TERMS

Landlord: City of Leesburg (Leesburg International Airport)

Structure: Triple Net (NNN) | Site: 33,492 SF (0.77 AC)

Lease Term: October 14, 2013 – October 13, 2043

Current Annual Ground Rent: ~$7,530 (biennial CPI escalations)

Projected Terminal-Year Ground Rent: ~$9,825

Purchase Option: Leasehold, executed

Note: Interested buyers are encouraged to inquire directly with the Leesburg International Airport Authority regarding potential ground lease extension terms for a qualified buyer.

AIRPORT — KLEE LEESBURG INTERNATIONAL

Runways: 6,300-ft primary | 4,957-ft crosswind | 15,000 x 2,000-ft seaplane

Annual Operations: ~107,000 (2023) | Based Aircraft: ~127 (2023)

ATC Tower: 0700-2100 daily | CTAF: 119.35 | Ground Control: 121.725

Total Airport Area: 818+ gross acres

Market Signal: Persistent hangar waitlists; airport preparing additional ground-lease pads for new hangar development — confirming strong, unmet demand for enclosed hangar space at LEE.

LOCATION & DEMOGRAPHICS

8600 Airport Boulevard, Leesburg, Florida 34788 | Lake County, Central Florida

Direct US Highway 441 access | ~45 miles northwest of Orlando (KMCO/MCO)

Adjacent to The Villages / Lady Lake / Tavares / Mount Dora growth corridor

Population Growth (3-mi radius): +6.51% since 2020; projected +12.32% through 2030

Average Household Income (3-mi): $81,239 | Growing commercial corridor along US-441