Airport Property Land Lease

The City of Kingman, Arizona is soliciting proposals from qualified firms to lease approximately 53,966 sq ft of land at the Kingman Municipal Airport for aeronautical purposes. The selected lessee must design, permit, and construct a new hangar and related improvements, operate the facility, and comply with all FAA, state, and local regulations. The lease term is a minimum of five years (up to 50 years) with rent based on an appraised rate of $0.18 per square foot. Proposals are due November 17, 2026, with a mandatory pre‑bid meeting on October 26, 2026. • Lease of ~54,000 sq ft airport land for aeronautical use • Minimum 5‑year lease (optionally up to 50 years) • Lessee must design, permit, and construct a hangar (full cost at lessee’s expense) • Required compliance with FAA, state, and local regulations; insurance and security deposit required • Rent based on $0.18 per sq ft (≈ $9,720 / yr) • Mandatory pre‑bid meeting Oct 26, 2026; questions due Nov 2, 2026; proposal deadline Nov 17, 2026 • Evaluation based on experience, financial capability, business plan, pricing, and development proposal