Term & Renewal
Is the term long enough to amortize your build-out? Who holds the renewal options — you, or the landlord? What is the notice window?
I ran a Part 145 Repair Station, owned an FAA Aircraft Dealership, and hold a patent in responsible wreckage recovery. Tell me the tail number — I’ll tell you what hangar you need. Before you sign a 20-year lease, have it reviewed.
Hangars are sized to aircraft. A G650 needs a very different building than a King Air, and a King Air needs a very different one than a Cessna 172. If your broker is asking what square-footage you need instead of what tail number you fly, that is the wrong conversation. Here is the real-world cheat sheet.
A 20-year hangar lease is not a lease. It is a capital allocation decision disguised as a real-estate document, and the economics are written in the clauses most tenants skim. Run through this before you sign.
Is the term long enough to amortize your build-out? Who holds the renewal options — you, or the landlord? What is the notice window?
CPI, fixed percent, or market-reset? If reset, against which comparable set, and is there a floor or ceiling? Blank-check escalators are the top cost blow-out.
Who owns the hangar doors you upgraded? The interior build-out? The specialty equipment bays? "Reverts to landlord" is standard. $400K on a bi-fold door is not.
What triggers it? What is the penalty? "Material change in airport operations" is a backdoor that turns your long-term lease into a short-term license.

The lease determines how, for how long, and under what conditions.
Can you sell the business and transfer the lease? Can you sublease to a charter operator? Non-assignability can make your business unsellable at exit.
Dedicated apron, shared, or landlord-controlled? What hours? Which direction do you taxi? If your jet cannot start on the apron at 6am, this is why.
Power amperage, water pressure, data bandwidth, fuel lines. Sized to your aircraft, or the prior tenant’s? A G650 GPU pulls what a light twin does not.
Hangar doors are the single most expensive building system. Who maintains them? Who pays for the operator motor when it fails? Multi-million-dollar aircraft do not move through broken doors.
Your broker should know what your type-cert demands before you have to ask.

Must you buy fuel from the on-field FBO at posted rates? Required ground handling? Required de-icing? Tied-service clauses can double your operating cost.
Named carriers, minimum limits, waiver of subrogation, additional insured status. Aviation-specific policies cost more; many standard CGL policies are non-compliant.
Fuel handling, hazmat storage, spill reporting, remediation at termination. If the prior tenant leaked, who is liable? The indemnification language is where leases most commonly fail.
How many of the above require airport-authority sign-off? What is the turnaround? Who drives the approval process? The answer affects every timeline on this list.

Airport authorities know you cannot easily move a hangared aircraft. The number they put in front of you reflects that. I benchmark it against actual current rates on the nine Houston corridor airports and negotiate from there.

Expansion to the box next door, ground lease on authority land for a build-to-suit, or a relocation to a bigger field. I run the comparison, the authority dialogue, and keep you operational while I shop.

Flight-department move, Part 91 or Part 135. I know which Houston airports take new tenants, which have hangar availability by class, and what timeline the local authorities actually run.
Honest scope up front. HangarAdvisor is an advisory practice; it does not replace a brokerage. If the deal becomes a search, it routes to tailnumbercre.com under standard commission.
Tell me the deal. I tell you honestly whether it needs real analysis, or whether you can sign as-is. No pitch, no follow-up unless you ask for one.
Full review of your hangar lease. Written memo in 5 business days: flags, benchmarks, negotiation points. You take it to the landlord or hand it to your attorney.
Ongoing deal support — negotiation sessions, authority dialogue, document review as the deal moves. For operators actively in-market or renewing within the year.

Drop your email — and your tail number if you want context when I follow up. You’ll get the PDF link immediately and a copy in your inbox.
HangarAdvisor is a specialty wedge. Every other aviation asset class routes to my main aviation CRE practice, under standard commission, where the broader brokerage lives.
Hangar interiors, ramp approaches, the specific physical world your lease buys you access to. I spend a lot of time inside these buildings.














Each field has its own authority, rent benchmarks, apron classification, and tenant waitlist. I know them all, personally and in detail.