Salley, SC 29137,5244 Festival Trail RD
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Salley, SC 29137,5244 Festival Trail RD
Salley, SC 29137,5244 Festival Trail RD
Salley, SC 29137,5244 Festival Trail RD
Salley, SC 29137,5244 Festival Trail RD

$2,000,000

Est. payment /mo

$2,350,000

14.9%
Est.Price: ?

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5244 Festival Trail RD Salley, SC 29137

392,040 SqFt

SOLD DATE : 06/04/2025

Key Details

Sold Price $2,000,000

Property Type Commercial

Sub Type Industrial

Listing Status Sold

Purchase Type For Sale

Square Footage 392,040 sqft

Price per Sqft $5

MLS Listing ID 31003307

Sold Date 06/04/25

Lot Size 9.000 Acres

Acres 9.0

Property Sub-Type Industrial

Property Description

5244 Festival Trail is currently available for sale or lease. The property is occupied by a global light manufacturer, which has a 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 FOLLOWINGIMPROVEMENTS: Brand New TPO Roof Brand New LED Lighting New paint in restroom, office and breakroom Ceiling tiles replaced in restroom, office andbreakroomINVESTMENT DEAL TERMS: Sale Price: $2,350,000 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

Location

State SC

County Aiken

Exterior

Parking Features Surface

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Listed by John Kincaid • Lee & Associates - Chas
Bought with John Kincaid • Lee & Associates - Chas
agent

Chris Bellinder

License ID: 102662

+1(785) 760-2132

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