SONO TEK CORP
For the period ended Feb 29, 2024. Filed May 23, 2024.
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FY2024 · Filed May 23, 2024
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Item 2. Properties
| ITEM 2 | DESCRIPTION OF PROPERTIES |
|---|
We own an industrial park located in Milton, New York. The industrial park consists of approximately 50,000 square feet of office and warehouse space. Our offices, product development, manufacturing and assembly facilities are located in the industrial park. We presently utilize 37,000 square feet or 74% of the park for our operations. We believe our facilities will be adequate for the foreseeable future and the ownership of the industrial park provides us opportunity to expand as we grow.
Approximately 13,000 square feet of the park is leased or available for lease to unrelated third parties at any given time.
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