Title
Executive Hangar Lease Agreement with Jackson Jet Center, LLC at Phoenix Sky Harbor International Airport - District 8
Description
This report requests the Transportation, Infrastructure, and Planning Subcommittee to recommend to the City Council for approval to enter into a new Executive Hangar lease agreement with Jackson Jet Center, LLC at Phoenix Sky Harbor International Airport (PHX).
THIS ITEM IS FOR CONSENT ACTION.
Report
Summary
Jackson Jet Center, LLC (Jackson Jet) operates a full-service Fixed Base Operator (FBO) business and has requested to lease a vacant airport-owned executive hangar, consisting of approximately 5,449 square feet of hangar and adjoining office space.
Contract Term
The term of the lease will be approximately three years, with the initial term expiring on December 31, 2027. The lease will include three one-year options to extend the term at the sole discretion of the Aviation Director.
Financial Impact
Annual rent for the first year of the lease is anticipated to be approximately $45,727.87. Rent will be adjusted annually based on the Phoenix-Mesa-Scottsdale Consumer Price Index or three percent, whichever is greater. Total revenue anticipated during the term of the lease is approximately $228,639, if all options to extend are exercised.
Concurrence/Previous Council Action
The Phoenix Aviation Advisory Board approved this item on Nov. 20, 2025, by a vote of 6-0.
Location
Phoenix Sky Harbor International Airport, 2485 E. Buckeye Road, Phoenix, Ariz.
Council District: 8
Department
Responsible Department
This item is submitted by Deputy City Manager Amber Williamson and the Aviation Department.