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  5. ›D-1 Aircraft Hangar Lease

City of St. Joseph·Missouri

D-1 Aircraft Hangar Lease

Closes in 2 days$25k – $45kRequest for Proposal
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Description

The City of St. Joseph is soliciting proposals to lease a 2,640 sq ft aircraft storage hangar (plus a 140 sq ft restroom/store area and a 10‑ft perimeter land lease) located at Rosecrans Memorial Airport. The lease will be month‑to‑month, for aeronautical use only, and the lessee must assume responsibility for utilities, maintenance of the surrounding area, and compliance with FAA and local regulations. The City will evaluate proposals based on meeting minimum standards, offering a fair market rent, and the lessee’s ability to pass background checks. Proposals must be submitted electronically by the deadline; no paper or fax submissions are accepted.

Attached files

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

Contact

Summer Purdy

Key dates

Opened
10/2/2026
Questions due
10/26/2026
Closes
11/3/2026

Last updated

Details

Type
Request for Proposal
Industry
Real Estate
NAICS
531120
Solicitation №
RFP2027-18

Budget estimate

$25,000 – $45,000

The market rent for a purpose‑built aircraft hangar in the Midwest typically ranges from $8 to $15 per square foot per year, depending on location, utilities, and condition. For a 2,640 sq ft facility, that translates to roughly $21,000 – $40,000 annually, or $1,750 – $3,300 per month. Assuming the City seeks a “fair and lucrative market value” and includes the additional 140 sq ft restroom/store area plus the 10‑ft perimeter land lease, a reasonable estimate for the total annual revenue to the lessee would be between $25,000 and $45,000. Factors influencing the final amount include utility cost responsibilities, any required upgrades, and the negotiated annual rental adjustments.

AI estimate from the solicitation

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