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  5. ›ADA-09749 Proposal to Lease State Airport Land at Adak…

Alaska Department of Transportation & Public Facilities·Alaska

ADA-09749 Proposal to Lease State Airport Land at Adak Airport

Closes 10/8/2026$3M – $4MRequest for Proposal
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Description

The Alaska Department of Transportation & Public Facilities is offering a 55‑year lease of Parcel D (≈288,399 sq ft) at Adak Airport. The lease is intended for aeronautical uses including a hangar for commercial air freight, live seafood storage, aviation fuel sales, aircraft maintenance, and related office space. The sole applicant listed is Adak Development Group, LLC, with an annual rent of $62,582.58. Interested parties may submit written comments or competing applications by the deadline. The Department will review submissions and notify only those who comment or apply. • Lease term: 55 years • Location: Adak Airport, Central Region, Alaska • Size: ~288,399 sq ft (Parcel D) • Authorized uses: hangar, freight, seafood storage, fuel sales, maintenance, offices • Annual rent: $62,582.58 (plus fees) • Submission deadline: 4:30 pm, 8 Oct 2026 • Contact: Britton Goldberg, Aviation Leasing (907) 269‑0745

Attached files

The solicitation documents live at the source — open the bid source above to download them.

Contact

Britton Goldberg(Aviation Leasing)

(907) 269-0745

Key dates

Opened
9/8/2026
Closes
10/8/2026
Duration
55 years

Last updated

Details

Type
Request for Proposal
Industry
Transportation and Public Transit
NAICS
531120
Solicitation №
ADA-09749

Budget estimate

$3,000,000 – $4,000,000

The lease specifies an annual rent of $62,582.58 over a 55‑year term, resulting in a total nominal rent of about $3.44 million. Assuming typical operating costs, maintenance responsibilities, and potential escalations, the net revenue to the lessee could range roughly from $3 million to $4 million over the full term.

AI estimate from the solicitation

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