1211 State Road 436 Casselberry, FL 32707
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.
- Property TypeCommercial
- NeighborhoodInterlachen Corporate Center
- CountySeminole
- Taxes$80,611
- HOA/Condo/Coop Fees$0
- Days on Site37 Days
- MLS StatusActive
- MLS ID NumberO6207211
- Home Size Source Public Records
- Year Built1986
- Lot Size8.29 Acres
- Full BathsN/A
- Partial BathsN/A
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General Features
- Construction Other
- Parking Ground LevelLightedOver 30 Spaces
- Number of Stories Three Or More3
- Acreage 8.29
- Property Sub Type Office
- Foundation Slab
- Zoning PMX-L
- Ownership Other
- Parcel Number 28-21-30-534-0000-0010
Interior Features
- Cooling Central Air
- Heating Central
Exterior Features
- Waterfront Property No
- Road Frontage State Road
Community Features
- Township 21
- MLS Area 32707 - Casselberry