Airport Hangar Land Lease Proposed for OFS Property Management
- Disclosed value
- Initial rent of $534.79; $3,328.00 beginning January 1, 2027; annual rent increases of up to 5%; projected total first-term revenue of $111,634.98
- From agendapacket
- Document date
- Oct 15, 2026
- Term
- November 1, 2026 – October 31, 2046
- Renews
- Free account
The 30-second brief
Antrim County plans to execute a 20-year airport land lease with OFS Property Management, LLC. The lease begins November 1, 2026, with rent starting at $3,328 annually in 2027 and escalating by up to 5% annually.
Ofs Property Management LLC holds this facilities contract with Antrim County.
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Contract details
- Contract type
- Facilities
- Amount
- Initial rent of $534.79; $3,328.00 beginning January 1, 2027; annual rent increases of up to 5%; projected total first-term revenue of $111,634.98
- Document date
- October 15, 2026
- Term
- November 1, 2026 – October 31, 2046
- Renews
- On record
- Vendor
- Ofs Property Management LLC
- Agency
- Antrim County
- Source document
- Antrim County AgendaPacket Board of Commissioners Meeting 2026-10-15 (AgendaPacket)
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Questions about this contract
Who was awarded the facilities contract by Antrim County?
Ofs Property Management LLC was awarded this facilities contract by Antrim County, as recorded on October 15, 2026. The contract value is Initial rent of $534.79; $3,328.00 beginning January 1, 2027; annual rent increases of up to 5%; projected total first-term revenue of $111,634.98.
How much is the Ofs Property Management LLC contract with Antrim County worth?
The Ofs Property Management LLC contract with Antrim County is valued at Initial rent of $534.79; $3,328.00 beginning January 1, 2027; annual rent increases of up to 5%; projected total first-term revenue of $111,634.98, covering facilities work.
What type of contract is this?
This is a Facilities contract, documented as a agendapacket record.
Where was this contract approved?
This contract appears in Antrim County AgendaPacket Board of Commissioners Meeting 2026-10-15 (AgendaPacket), dated October 15, 2026 from Antrim County. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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