Overview

Highlights

• INVESTMENT DEAL TERMS:
• • Global Credit Tenant - Light Manufacturing
• • 5-year deal, 3% Annual Rent Escalations
• • Lease Expiration Date: 10/31/2028
• • Term Remaining: 4.8 Years
• • NOI: $94,500
• • 30,000 SF Lease
• • Sale Price: $2,350,000.00

Description

5244 Festival Trail is currently available for sale or

lease. The property is occupied by a global light

manufacturer, which has 5-year lease for 30,000 SF

of warehouse, office, and restroom space. Tenant has

shared access to the drive in door. The front 35,000

SF of the building is available for lease. It features

three loading dock doors, one drive-in door, offices,

and restrooms. Additionally, there is a laydown yard

with an asking rate of $1500/mo per acre, and a

warehouse with an asking rate of $3.95/SF. NNNs

2024 are $0.86/FT.

LANDLORD HAS DONE THE FOLLOWING

IMPROVEMENTS:

• Brand New TPO Roof

• Brand New LED Lighting

• New paint in restroom, office and breakroom

• Ceiling tiles replaces in restroom, office and

breakroom

Location

Festival Trail Road is nearby Major Markets – approximately an hour away from both Augusta and Columbia and 2 hours from Charleston.

Contact Broker