1211 State Road 436 - Medical FOR SALE


Orlando, FL 32707
$11,750,000 USD
754-354-0203
1211 State Road 436, Orlando, FL for Sale
$11,750,000 USD
Medical - FOR SALE
1/16
null | 7.3% Cap Rate

1211 State Road 436
Orlando, FL 32707


HIGHLIGHTS

  • Seize the opportunity to acquire the Casselberry Corporate Center at 1211 State Road 436 within Orlando's Metropolitan Statistical Area (MSA).
  • Over $1.2mil in recent improvements, fully updated property, no deferred maintenance!
  • Potential 9.53% pro forma cap rate is expected once the property is fully leased, a solid acquisition for companies looking to invest in the area.
  • Lowest price per square foot building in this asset class!
  • Possible Seller Financing Available !
  • Lake Howell Rd and State Road 436 junction sees over 60,000 vehicles daily, offering a strategic investment for owners in the greater Orlando area.

OVERVIEW

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

FOR SALE DETAILS

PRICE

$11,750,000 USD

PRICE/SF

$141 USD /SF

CAP RATE

7.3%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Casselberry Corporate Center

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

ADD'L SUBTYPES

Loft/Creative Space, Industrial Live/Work Unit

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

A

YEAR BUILT

1986

SPRINKLERS

-

PARKING SPACES

212

LAND DETAILS

LAND ACRES

12.88 AC

LAND SF

561,053 SF

ZONING

PUD, Casselberry

APN/PARCEL ID

21-30-28-534-0000-0010

ASK ABOUT THIS PROPERTY

John DeMarcoRE/MAX 5 Star RealtyMore Info
754-354-0203

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John DeMarcoRE/MAX 5 Star RealtyMore Info
754-354-0203

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.