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 8.77%, underlining the promising returns expected once the property is fully leased. The property also allows an owner user to occupy up to 44,181 square feet of space, presenting an excellent opportunity for businesses looking to establish a significant presence in this prime location. Lowest price per square foot building in this asset class!
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.