• Total Space: ±64,261 SF
• Office: ±6,078 SF
• Loading: 16 DH positions, 1 Ramp
• Ceiling Height: ±28’ clear
• Zoning: IU-3, Heavy Industrial (Town of Medley)
• Additional Land: ±3.16 acres
• Additional land not included in asking price
• Building and Land can be sold separately

• Total of 7,275 SF on 10,000 SF of land
• Can be subdivided if desired: 3,530 SF w/Salzedo Street entrance or 3,745 SF w/ Palmero Avenue entrance
• Entrances featuring stone foyers and impact-glass windows
• 6 surface parking spaces plus ample metered parking and monthly-fee structured covered parking across the street
• Fully-operational alarm system
• 12' ceilings throughout
• Upgraded electrical systems

Transwestern is pleased to exclusively present the opportunity to acquire the LSG SkyChefs Facilities in Miami, Florida. This net-lease offering provides the following benefits to investors:

Stable Tenancy

With a 30% market share, LSG SkyChefs is the dominant firm in the airline catering business. The company is owned by Deutsche Lufthansa AG, one of the top global airlines and known for its financial stability and industry-leading revenues. In 2007, LSG SkyChefs posted revenues of $3.48 billion.

Tenant Satisfaction with Space

Over the past few years, LSG SkyChefs invested more than $10 million in their Miami facility, in order to meet the changing needs of the airline catering industry. The substantial amount of improvements (estimated at well above $50 PSF) they have made in the buildings and the high cost replicating such systems elsewhere strongly indicates that LSG SkyChefs will remain a tenant in the buildings for the long term.

Strategic Airport Location

Located immediately east of Miami International Airport ("MIA"), the LSG SkyChefs Facilities offer an unparalleled location for a company doing business at one of the world’s busiest air hubs. This location on the eastern border of MIA is a small and desirable niche submarket, with very limited inventory and even less land for new development. Further cementing the location’s value is the massive Miami Intermodal Center, now being built between the LSG SkyChefs Facilities and MIA. When it comes to airport access, LSG SkyChefs would find it impossible to improve upon their current location.

Institutional-Quality Asset

Situated on 6.71 acres, the LSG SkyChefs offering includes two 2-story industrial buildings of steel and masonry design that have been meticulously maintained. The infrastructure is robust, with above-standard systems for HVAC and life safety. Abundant dock-high doors and wide truck courts allow for efficient loading. The LSG SkyChefs site also includes a one-story metal maintenance building, and offers ample parking for trucks and employee vehicles. There is also abundant room for outside storage, which is in high demand in the area immediately east of MIA.

Dynamic South Florida Market

Miami-Dade County is the North American gateway to the lucrative Latin American markets, and is also one of the world’s top tourism destinations. As such, the passenger airline industry will always maintain a strong presence here, both domestically and internationally. MIA is currently undergoing a massive improvement program, including terminal enhancements and an intermodal center, which will cement its future as a top passenger hub.

• Free-standing building
• Street-level loading
• Can be separated into two +/-5000 SF spaces