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5244 Festival Trail Rd

64,480 SF Vacant Industrial Building Salley, SC 29137 $2,350,000 ($36/SF)

Executive Summary

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. The property is located in Aiken County, approximately an hour away from both Augusta and Columbia.
LANDLORD HAS DONE THE FOLLOWING
IMPROVEMENTS:
• Brand New TPO Roof
• Brand New LED Lighting
• New paint in restroom, office and breakroom
• Ceiling tiles replaced in restroom, office and
breakroom
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

Property Facts

Price $2,350,000
Price Per SF $36
Sale Type Investment or Owner User
Property Type Industrial
Property Subtype Distribution
Building Class B
Lot Size 9.00 AC
Rentable Building Area 64,480 SF
No. Stories 1
Year Built 1970
Clear Ceiling Height 22 FT
No. Dock-High Doors/Loading 3
No. Drive In / Grade-Level Doors 1

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 1st Fl - Warehouse Space
  • 35,000 SF
  • Industrial
  • Full Build-Out
  • Now

5244 Festival Trail Road currently has a laydown yard available for lease as well as warehouse space with private entrance. Up to 35,000 SF available with office and restrooms situated on 9 acres of land. Ideal for manufacturing, distribution or warehouse tenant use. This property is located in Aiken County, and sits approximately less than hour away from both Augusta and Columbia and less than 2 hours away from Charleston. LANDLORD HAS DONE THE FOLLOWING IMPROVEMENTS: • New paint in restroom, office and breakroom • Ceiling tiles replaces in restroom, office and breakroom • Brand New TPO Roof

Space Size Space Use Condition Available
1st Fl - Warehouse Space 35,000 SF Industrial Full Build-Out Now

1st Fl - Warehouse Space

Size
35,000 SF
Space Use
Industrial
Condition
Full Build-Out
Available
Now

1st Fl - Warehouse Space

Size 35,000 SF
Space Use Industrial
Condition Full Build-Out
Available Now

5244 Festival Trail Road currently has a laydown yard available for lease as well as warehouse space with private entrance. Up to 35,000 SF available with office and restrooms situated on 9 acres of land. Ideal for manufacturing, distribution or warehouse tenant use. This property is located in Aiken County, and sits approximately less than hour away from both Augusta and Columbia and less than 2 hours away from Charleston. LANDLORD HAS DONE THE FOLLOWING IMPROVEMENTS: • New paint in restroom, office and breakroom • Ceiling tiles replaces in restroom, office and breakroom • Brand New TPO Roof

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
293-00-02-013
Land Assessment
$14,140
Improvements Assessment
$30,560
Total Assessment
$44,700

zoning

Zoning Code RUD
RUD
  • Listing ID: 31643186

  • Date on Market: 4/29/2024

  • Last Updated:

  • Address: 5244 Festival Trail Rd, Salley, SC 29137

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