731 Novak Drive, Martinsburg WV 25405. Available.

Advantages

There are many advantages to making 731 Novak Drive your company’s headquarters
  • Custom-built 92,500 square foot aerospace manufacturing facility, with full technical drawings available, previously used by Sino-Swearingen for manufacture of all the SJ30 business jets. The cost to build was $13 million in 1997
  • 67,500 square foot hangar, plus 25,000 square foot lean design office/engineering space. Clear span (200 feet x 300 feet) with 50 foot peak ceiling height in hanger, and no restrictions to add outside capital equipment such as paint booths, autoclaves, dryers etc.
  • 65 years remaining on the fixed lease, at $1.00/acre/year ground rent for 33 acres (i.e. ground rent of $33.00 per year only), plus Airport Maintenance Fee of only $18k per year
  • Property has large jet sized aircraft apron area, and own security gate for aircraft access to taxiways. Fuel farm is available, if desired 
  • Direct access to the taxiways, via security barrier which is under own control (i.e. no delays compared to gates manned by airport personnel)
  • The Hangar part was designed to be extended to double the length making a total 135,000 square foot hangar, without changing access roads, parking, pipework, office building access, etc. Similarly with the office section 
  • Fully paved parking lot for up to 225 vehicles 
  • Future expansion capability on this existing site 
  • Excellent proximity to Washington DC via expressway 
  • West Virginia has one of the lowest electricity prices in the US 
  • In a “free trade zone”, so there are no federal taxes on production inventories and other benefits 
  • Plentiful supply of willing workers in Martinsburg with good work ethic, and reasonable salary expectations as housing costs are relatively low. Sino Swearingen had over 400 aircraft assembly workers at one time and also never had any union requirement 
  • Huge security-cleared aircraft technical workforce available from the downsizing of hundreds of aircraft technicians from the Air National Guard facility at the airport (C5 aircraft being replaced by C17 which require less staff) 
  • Martinsburg businesses now have access to various community colleges locally that teach aircraft manufacturing and MRO operations 
  • Large electric hanger door onto apron (60 foot wide, 25 foot high) with expansion capabilities (estimate of $200k for putting in a larger electric door capable of fitting B737 and C130 aircraft) 
  • Generous WV State/County abatements and subsidies available 
  • Convenient for ongoing liaison with Federal Government agencies (e.g. ExIm Bank, headquartered in Washington DC – www.exim.gov – a potentially important assistance for export financing and internal WIP financing) 
  • Located on the I-81 the preferred North/South truck route, in close proximity to I-66 and I-70, which makes accessible supplies and raw materials at reasonable trucking rates 
  • 8815 ft runway, with easy climb-out for “first flight” test flights of any newly produced aircraft or UAVs 

CB Richard Ellis is the exclusive realtor for 731 Novak Drive

Contact John Skoglin, CBRE

t: +1 410 244 7100

e: john.skoglin@cbre.com

© Triumph Property Group