Introducing the Casselberry Corporate Center, a distinguished, Class-A, three-story office building at 1211 State Road 436 in Casselberry, Florida. Strategically located within Orlando's Maitland/Casselberry Submarket, this premier property has recently renovated its common areas and boasts ample parking for tenants and visitors. Over $1.2mil in recent improvements, fully updated property, no deferred maintenance. Unlocking a compelling investment opportunity, the Casselberry Corporate Center has a robust financial profile. Looking ahead, the pro forma (projected) cap rate is an impressive 9.53%, underlining the promising returns expected once the property is fully leased. Up to 44,181 SF can be made available for an owner-user if needed, as owner occupied units can be available at closing. This property is an perfect opportunity for an owner-user or an investor! Lowest price per square foot building in this asset class!
Nearby: Maitland, Winter Park, Lake Howell, Altamonte Springs, Oviedo
Situated along the scenic Lake Howell, 1211 State Road 436 enjoys a prime location off a major roadway, ensuring seamless access to nearby retailers such as Publix, Chipotle, and Starbucks. Local establishments, including Walmart, Taco Bell, McDonald's, and the popular Digino's Pizza Bar & Grill, contribute to the vibrant neighborhood. With its desirable demographics, the surrounding Casselberry, Maitland, and Winter Park Submarkets boast a highly educated population of nearly 1,000,000 within a 10-mile radius of the property. Convenience is key, as the Casselberry Corporate Center sits 5 miles from Interstate 4, a 13-minute drive from Oviedo Medical Center, and 10 minutes from North Florida 417 (Toll Road). Commuting is a breeze, with Orlando's Central Business District (CBD) only 20 minutes away. The Casselberry Corporate Center provides excellent access to Orlando International Airport (MCO) and Orlando Sanford Airport (SFB) within a 30-minute drive. With a strategic location visible to over 60,000 vehicles per day passing through Lake Howell Road and State Road 436 intersection, the Casselberry Corporate Center stands as a captivating choice for owners in the heart of Orlando's thriving business landscape. Seize this opportunity to acquire premier real estate in a dynamic business hub.
Travel Times
· 30 Min to MCO Airport
· 5-10 mins to Maitland
· 5-10 Min to Winter Park
· 10 Mins to Altamonte Springs
· 20-25 min to Downtown
· 10 Mins to Oviedo
· 20 Mins to UCF
Nearby Colleges: Rollins College, UCF, Full Sail University