AVE Airside (AVE) is pleased to offer for sale a leasehold interest on a 27.4 acre net lease. AVE maintains a master lease on the 27.4 acres from Miami Dade County. The initial term of the lease is through April 2084.
The property is currently leased to Jet Aviation, a wholly owned subsidiary of General Dynamics (NYSE: GD). Jet Aviation is a Fixed Base Operator (FBO), that will service the private aviation industry in South Florida. Jet Aviation will be constructing a state of the art facility that will encompass a total of 175,000 SF for an FBO, hangars, maintenance facilities and fueling station.