FL
Seminole
CASSELBERRY
32707
1211 STATE ROAD 436
1211 STATE ROAD 436, CASSELBERRY, FL 32707
Listing Type
commercial/industrial
Listing Status
active
23
$13,950,000

Home Details for 1211 STATE ROAD 436

Price
$13,950,000
Type
Commercial Sale
Bedrooms
0
Bathrooms
0.0
Square feet
NaN
Year built
1986
Lot size acres
8.29
County
Seminole
Garage
Days on site
54
MLS Listing#
O6207211
Listing courtesy: RE/MAX ASSURED - 800-393-8600
Property Description

Welcome to Casselberry Corporate Center. This Class A office center offers an impressive 83,520 SF of total building space, with 80,035 SF of leasable square footage and is situated on a sprawling 361,112 SF, 8.29 acre lot. This property is strategically located near Winter Park and Maitland, esteemed sub-markets in the Orlando regional area. The subject property has undergone over $1 million in significant recent upgrades, including upgraded LED lighting and flooring in nearly all units, a remodeled lobby and common areas, new HVAC, new lot paving, upgraded bathrooms, a new tenant directory, LED lights in the parking lot, all new irrigation plus landscaping and much more. The property is turn-key ready and move-in ready to operate. This 8.29 acre office site features a picturesque, park-like setting adorned with mature trees, an inviting outdoor seating area, and convenient proximity to convenience stores and restaurants, as well as direct access to Orlando International Airport via Semoran Blvd. This meticulously upgraded office space offers a prime investment opportunity in a thriving location. This corporate office center is priced to sell at $167.03 per square foot. This building is perfect for an owner-user corporate headquarters or an investor. Strong tenant mix. 6.8% actual cap rate with 86% occupancy. Projected cap rate is 8.8% once fully leased. An opportunity for an owner user to take up to 45k SF.

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Property Features
  • Cooling Information
    • Central Air
  • Heating Information
    • Central
Listings courtesy of Stellar MLS.
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Last Updated: 2024-07-14 15:13:28
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EXIT GLOBAL REALTY
533 Versailles Dr. Ste 200, Maitland, FL 32751
Office
407 725 7180
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