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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.

Features
: Central
: Central Air
: Ground Level, Over 30 Spaces, Lighted
Address Map
US
FL
Seminole
Casselberry
32707
STATE ROAD 436
1211
W82° 40' 36.9''
N28° 38' 14.5''
32707 - Casselberry
PMX-L
Go Past Lake Howell, Heading North on SR 436, Turn left into Casselberry Corporate Center at destination: 1211 SR 436 Casselberry, FL 32707
Additional Information
https://www.propertypanorama.com/instaview/stellar/O6207211
3
13950000
2024-05-22
: Three Or More
: Slab
: Other
83520
Financial
80611
Listing Information
261204251
53164
Active
2024-09-17T15:27:07Z
Stellar
: None
2024-05-22T18:38:44Z
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1211 Casselberry

1211 State Road 436, Casselberry, Florida 32707

8.29 Acre
$13,750,000
Listing ID #O6207211
Basic Details
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : O6207211
Price : $13,750,000
Year Built : 1986
Lot Area : 8.29 Acre
Status : Active
Office Name : RE/MAX ASSURED
Agent Name : Chris Pittman
Property Sub Type : Office
Listing Status : Active
Contact Agent
Property
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Erica Diaz Team

CONTACT US

Phone: (407) 904-2702
Hours: Everyday, 9AM – 5PM
Address: 326 S Dillard St, Winter Garden, FL. 34787

Erica Diaz, P.A. DBA Erica Diaz Team. MLS License #261211327. Brokered by Homevest Realty.

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