SBY Airport Box Hangar #28 Lease - REBID

The County of Wicomico is seeking proposals from qualified vendors to lease the SBY Airport Box Hangar #28. The lease will be for a term of 10 years, with two optional 5-year renewal terms. The vendor will be required to pay a base rent of at least $3,000 per month, with annual increases based on the Consumer Price Index. The hangar will be used for aeronautical purposes, including storage of aircraft, maintenance, and flight training. The vendor will be responsible for obtaining any necessary licenses and permits, and for complying with all applicable laws and regulations. The proposal will be evaluated based on the following criteria: base rent, term, renewal options, types of aeronautical use, business history, credit history, and planned tenant improvements. • The lease term will be for 10 years, with two optional 5-year renewal terms • The base rent will be at least $3,000 per month, with annual increases based on the Consumer Price Index • The hangar will be used for aeronautical purposes, including storage of aircraft, maintenance, and flight training • The vendor will be responsible for obtaining any necessary licenses and permits, and for complying with all applicable laws and regulations • The proposal will be evaluated based on the following criteria: base rent, term, renewal options, types of aeronautical use, business history, credit history, and planned tenant improvements