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Exclusive Hangar Campus

The Smart Solution for a Demanding Market

A New Demand From a Proven Market

With private aircraft ownership continually expanding, so has the demand for new hangar space, provoking an entirely new market to arise.

Now, it’s time to take advantage of this opportunity and offer more than just a solution, but a superior option and experience.

Complete Privacy

All the benefits of anonymity. Owners get to stay out of prying eyes, keeping their passenger information and destinations completely confidential.

Safety & Security

With only authorized personnel entering, private hangars offer the highest degree of security and safety measures possible.

Investment Highlights

Capitalizing on the long standing supply and demand imbalance, the Smart Hangars campus holds the perfect position to unleash the next level of Aircraft Hangars.

This exclusive campus will provide private hangar home bases to suit the needs of an ever increasing and evolving market of large business aircraft.

Situated in the most desirable location at RDU, it offers a premium product and experience to companies and individuals seeking to get the most out of their time and aircraft.

Phases for the Future

The 47 acre campus will be developed in 3 phases, each with a specific target market to optimize efficiency and maximize profits.

Phase one sits on 12.5 acres and offers 100,000SF with frontage access and is aimed at large flight operations that are currently displaced or restricted at RDU.

Phases two and three will have the flexibility to accommodate a wide range of tenants and will be calibrated to the demands of the current market.

Industry Insight

Evolving Market Ripe for a New Business Model

With more companies and individuals now capable of owning an aircraft than ever before, the market is experiencing increased growth and demand in both services and quality hangar space. Privacy and security are key desires of this growing demographic, which is severely lacking in the existing infrastructure and FBO model.

In the past, aircraft owners were limited to whatever hangar space was available at an FBO (fixed base operation). This model was unquestioned and accepted as the status quo at airports, however this one size fits all approach is not optimal for many companies and private aircraft owners.

Limited space at desirable locations is becoming increasingly scarce, insuring a rise in it’s demand and value.

  • Simple business model with clear advantages

  • Hangar growth constrained at RDU and nationally

  • Existing hangar infrastructure already insufficient

  • Demand growing much faster than supply

  • Airport land is a scarce and a limited resource

  • Community hangars suboptimal for larger jets

  • Inflation Resilient

  • Proven recession-resistant market

Increased Aircraft Units

  • U.S. fleet growing faster than hangar space, further increasing the already high demand.
  • New smaller more economical jets being introduced will allow even more access into the future jet market.
  • Growing commercial airline sector contributing to the overall demand for general aviation space.
  • Charter companies also experiencing strong growth thus increasing their operations.

Increased Aircraft Size

  • Average aircraft length, wingspan, tail height and overall size have continually increase over the past decade.
  • Large aircraft with winglets impose severe stacking constraints in community hangars.
  • Current hangar inventory outdated and insufficient to meet the requirements for larger aircraft with taller tails.
  • Damage to large business class jets poses significantly higher financial ramifications than that of smaller aircraft.

Unparalleled Exclusivity

Privacy - Security - Convenience - Experience

FBO Model vs Private Hangar

FBO Model

  • Complex Business model with its success largely dependent on the efficiency of its operation.

  • Two main revenue components: Fuel Sales (65%) and Rental (22%) which is inextricably bundled with a fueling deal.

  •  Competitive industry based largely on fuel sales, makes it more vulnerable to the overall economic climate.

  • Constant balancing of space between based tenants and transient clients challenges tenant relationships.

  • More volatile model as operating expenses can rise significantly with inflation.

Private Hangars

  • Simple model with revenue generated mainly from one source: hangar and office lease

  • Flight operations can be optimized, reducing downtime, increase productivity and maximizing the aircraft’s potential

  • Highest degree of privacy, security and overall passenger experience enhanced

  • Private hangared aircraft experience fewer hangar related incidents reducing maintenance costs and downtime, while protecting the value of the aircraft.

  • Large business jets often do not easily stack in community hangars due to footprint, tail-height and winglets

With the high growth of the Triangle Area, Raleigh Durham International is on track to to development a modern master plan to maximize its commercial airline industry.

This 2040 project will put even more strain on the general aviation operations at RDU as it displaces much of the existing infrastructure to make way for new commercial terminals.

Adding to the uncertainty for many aircraft owners, the current 2 FBOs at RDU we’re only given a 10 year lease signed in 2022.

This all puts the Smart Hangar Campus in a position to offer maximum security for the long term, and entertain other business opportunities in future phases.

RDU 2040 Master Plan

Total Control

Private Jet + Private Hangar

Future Business Opportunities

The Flexibility of the Smart Hangars Campus

FBO

Future FBO growth is constrained at RDU. With the Smart Hangars Campus holding 47 acres of the most desirable land suitable for general aviation, it can certainly entertain scenarios involving an FBO if desired.

Fuel Sales

Currently, fuel sales are contracted through the FBOs at RDU. However, as this campus develops, additional fuel solutions will be needed, placeing Smart Hangars in the prime position to structure a fuel partnership as an additional service.

Additional Office Space

Offices and administration area has also become scares at many airports including RDU. Private Hangars with large operational areas are a possible solution that we have the ability to entertain if the demand becomes high enough.

Charter Operations

With the ability to construct large private hangars for part 135 use, we can accommodate small to medium size charter companies seeking an east coast home base, as well as a private terminal for their RDU clientele.

Aircraft Sales

Aircraft Sales are often forced to operate on whatever land is available at an airport, not necessarily the optimal spot for their business. Showroom hangars are highly sought after especially for larger more expensive aircraft.

Maintenance & Repair Facilities

As RDU eliminates much of the general aviation land to make way for its commercial airline expansion, services such as repair and maintenance may find themselves seeking a long term solution for their operation.

Unit Economics

Based on 20,000SF hangar/office

Construction Costs

  • Hangar
  • Office
  • Percent of Complex

Operational Costs

  • Cam
  • 1

Lease

  • Office
  • Hangar
  • Footprint

Phase One

Based on 12.5 acres with 100,000SF hangar/office

Combined Operational

  • 000,000

Financing and ROI

  • 000,000
  • 000,000

 Total Lease

  • 000,000

Complete Campus

Based on 000,000SF 3:1 Hangar Office Ratio

Combined Construction

  • 000,000

Operational Costs

  • 000,000

Financing and ROI

  • 000,000
  • 000,ooo

 Total Lease

  • 000,000

Development Stages

Secure Property

Design Project

Pre-Lease Hangars

Finance Phase One

Construct Phase On

Lease
Phase One

On to Phase Two

Bottom Line

Smart Hangars at RDU offers a unique and promising investment opportunity that optimizes the precious airport real estate to capitalize on the growing demand for aircraft hangar space.

A simple model with long term security and tenants that seek to protect their a high value aircraft, its largely protected from economic downturns and future competition.

Bottom Line: The ever expanding fleet of aircraft in the U.S. combined the limited land available at RDU and airports in general, further insures the campuses viability and value moving forward.

Contact us to learn more and become a partner in this exciting new investment opportunity.

Contact

Nick Daddis
CEO
Phone: 480 614.1000
nick.daddis@smarthangars.com

Charles Precht
Director of Operations
Phone: 720 460.1285
charles.precht@smarthangars.com