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500 Aviation WayLebanon, TN 37090
500 Aviation Way
Asset ClassSpecial Purpose
overview of deal

Overview

Fully leased to Vanderbilt University Medical Center, 500 Aviation Way offers a rare opportunity to acquire a newly constructed ±25,000 SF aircraft hangar investment fully leased to a single tenant on a 10-year true NNN lease with zero landlord operating expense exposure. Built in 2023, the facility features direct tarmac access, 28’ clear heights, oversized 100’ and 80’ wide hangar doors, and ±2,000 SF of office and break room space. Just 20 minutes from Nashville International Airport (BNA), the property provides efficient, uncongested access to the Nashville metro while benefitting from its location near Tennessee’s largest general aviation airport. With limited remaining hangar development opportunities and strong regional aviation demand, 500 Aviation Way presents a highly passive and secure aviation investment opportunity.

Investment Highlights

  • Built in 2023
  • Asset Type: Specialty / Aviation / Industrial
  • 25,250 SF
  • Single-tenant, credit-leased aviation facility
  • 10-year true NNN lease
  • Tenant: Vanderbilt University Medical Center LifeFlight
  • Year 1 NOI: $360,000
  • 3% fixed annual rent escalations
  • Zero landlord operating expense exposure
  • NOI is insulated from operating cost inflation and airport level cost resets
  • Stabilized, long-term income backed by mission-critical aviation use and institutional credit

 

 

Lebanon Municipal Airport

4th LARGEST GENERAL AVIATION AIRPORT IN TENNESSEE
Address
200 Aviation Way, Lebanon, TN 37090
Airport Code
M54
Runway
5,000’ x 100’
Tower
No Tower - 2 miles from BNA tower-controlled air space
Lat/Long
36.1888479º N, 86.3195696º W
FOB
Direct Flight Solutions
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500 Aviation WayLebanon, TN 37090
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