1211 STATE ROAD 436

City: | Subdivision:

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.

Basic Details
Property Type : Commercial Sale
Commercial Sub Type : Office
Listing Type : For Sale
Listing ID : MFRO6207211
Price : $13,950,000
Year Built : 1986
Lot Size : 361,112 Sqft
Status : Active
Days On Market : 117
Standard Status : Active
Features
: Central
: Central Air
0
0
: Ground Level , Over 30 Spaces , Lighted
PMX-L
Address Map
USA
FL
Seminole
Casselberry
INTERLACHEN CORPORATE CENTER
32707
STATE ROAD 436
1211
0
W82° 40' 36.9''
N28° 38' 14.5''
Go Past Lake Howell, Heading North on SR 436, Turn left into Casselberry Corporate Center at destination: 1211 SR 436 Casselberry, FL 32707
32707 - Casselberry
Neighborhood
Neighborhood
Additional Info
RE/MAX ASSURED
Chris Pittman
$0
: Other
: Slab
: Three Or More
MFR261204251
MFR53164
28-21-30-534-0000-0010
: None
3
$80,611
2023
Click Here
05-22-2024
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1211 STATE ROAD 436Casselberry, Florida 32707

  • Lot Size: 361,112 Sqft
  • Visits : 126 in 117 days
$13,950,000
Listing ID#MFRO6207211
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