1211 State Road 436 , CASSELBERRY, FL 32707
CASSELBERRY, FL 32707
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.
Details
| MLS# | O6207211 |
|---|---|
| Listing Type | For Sale |
| Style | Office Building |
| Sub-Type | For-sale |
| Status | Active |
| Year | 1986 |
| Days On Site | 111 |
| Listing Provided By | RE/MAX ASSURED | Chris Pittman |
Features
| SQ Feet | 83,520 |
|---|---|
| Story(s) | 3 |
| Zoning | PMX-L |
| Acreage | 8.29 |
Market Activity 32707
Listings courtesy of Stellar MLS as distributed by MLS GRID.Based on information submitted to the MLS GRID as of September 10, 2024 at 11:52:43 PM PDT All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@MLSGrid.com. “The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.Request a showing
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Learn More About This Property
| State | FL |
|---|---|
| County | Seminole |
| City | CASSELBERRY |
| Zip Code | 32707 |
| Area | 32707 Casselberry |
| Community Name | INTERLACHEN CORPORATE CENTER |
| Listing VS Median (in INTERLACHEN CORPORATE CENTER) | |
Price: $13,950,000 low | high Med: $13,950,000 SqFt: 83,520 low | high Med: 83,520 $ / SqFt: $167 low | high Med: $167 On Site: 111 low | high Med: 111.000000 | |