About 5244 Festival Trail Road
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
