Casselberry Corporate Center | 1211 State Road 436
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Casselberry Corporate Center 1211 State Road 436
83,520 SF 45% Leased 4-Star Office Building Orlando, FL 32707 $11,950,000 ($143/SF) 9.51% Cap Rate
Investment Highlights
- Seize the opportunity to acquire the Casselberry Corporate Center at 1211 State Road 436 within Orlando's Metropolitan Statistical Area (MSA).
- Potential 9.51% pro forma cap rate is expected once the property is fully leased, a solid acquisition for companies looking to invest in the area.
- Possible Seller Financing Available !
- Over $1.2mil in recent improvements, fully updated property, no deferred maintenance!
- Lowest price per square foot building in this asset class!
- 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.
Executive Summary
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 9.51%, 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.
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.
Property Facts
Sale Type
Investment or Owner User
Property Type
Building Size
83,520 SF
Building Class
A
LoopNet Rating
4 Star
Year Built/Renovated
1986/2022
Price
$11,950,000
Price Per SF
$143
Cap Rate
9.51%
NOI
$1,135,994
Percent Leased
45%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
27,840 SF
Building FAR
0.15
Lot Size
12.88 AC
Zoning
PUD, Casselberry - Planned Unit Development
Parking
212 Spaces (2.54 Spaces per 1,000 SF Leased)
Amenities
- Bus Line
- Signage
DEMOGRAPHICS
Demographics
1 Mile
3 Mile
5 Mile
2020 Population
12,965
99,140
252,121
2024 Population
13,534
99,821
258,400
Population Growth '20-'24
4.4%
0.7%
2.5%
2020 Households
5,844
41,459
105,771
2024 Households
6,155
41,629
108,709
Household Growth '20-'24
5.3%
0.4%
2.8%
Average Age
41
42
41
Median Household Income
$56,805
$66,086
$66,065
Daytime Employees
5,431
43,944
157,420
Total Businesses
791
6,446
21,217
College Degree + Higher
43%
40%
40%
Nearby Amenities
Restaurants |
|||
---|---|---|---|
Digino Italian Restaurant & Pizza | - | - | 9 min walk |
McDonald's | - | - | 9 min walk |
Aladdin's Restaurant | Middle Eastern | $$ | 12 min walk |
Alex's Fresh Kitchen | American | $$$ | 12 min walk |
Chipotle | - | - | 13 min walk |
Retail |
||
---|---|---|
Walmart | Dept Store | 9 min walk |
State Farm | Insurance | 11 min walk |
Allstate Insurance Company | Insurance | 12 min walk |
Planet Fitness | Fitness | 13 min walk |
Walgreens | Drug Store | 17 min walk |
Hotels |
|
---|---|
Hilton Garden Inn |
102 rooms
13 min drive
|
SpringHill Suites |
126 rooms
13 min drive
|
Embassy Suites by Hilton |
277 rooms
12 min drive
|
SpringHill Suites |
90 rooms
13 min drive
|
Sale Advisor
John DeMarco, Broker / Owner
(954) 453-1000
Contact
John DeMarco is the President and founder of the DeMarco Real Estate Group® and Re/Max 5 Star Realty located in Hollywood, Florida. John DeMarco began his real estate career in early 2006, and is one of the highest producing Real Estate Professionals in South Florida in both the Commercial and Residential Real Estate markets. He and his team has sold/leased over $1 Billion in Real Estate over the last 18 years.
John's entry into the real estate arena began early, characterized by entrepreneurial endeavors in property development and property management. At the age of 21, he launched a successful career with Re/Max, transitioning from a brief stint in corporate America to embrace the core values of hard work, belief, and resolve—the same principles that have underpinned Re/Max’s success for over fifty years. Under his astute leadership, his real estate organization has grown to include over fifty seasoned professionals, including his personal top-tier sales team of 10. John DeMarco was inducted into the prestigious Re/Max Hall of Fame in 2013, he has been awarded the Re/Max lifetime achievement award in 2017, and the Re/Max Circle of Legends award in 2021. His team is ranked the #1 Re/Max Commercial team in the entire state of Florida and the entire United States from 2013 through 2024. He and his team has been awarded the exclusive CoStar Power Broker award Crexi Platinum Award along with the Re/Max Pinnacle Club Award. Per MLS Statistics, his office is ranked the #1 Real Estate office for both Residential and Commercial sales in the entire city of Hollywood.
Mr. DeMarco's formidable academic foundation in business administration and business law, augmented by his studies at Florida Atlantic University, has been integral to his success. After relocating to South Florida in 1998 from rural SW Pennsylvania, he ventured into the real estate sector in 2006. John DeMarco is very proud to have led his team, The DeMarco Real Estate Group? to its formable position as the nation’s top real estate team it is today. He prides himself on providing excellent client service and representation and maintains an excellent reputation within the industry. He is well known for putting his client’s best interest above all else during the transaction process while delivering significant financial returns for his investors. His innovative marketing strategies have attracted a substantial international investor clientele, resulting in over $600 million in overseas assets allocated for US property sales.
John serves as the President of the Downtown Hollywood Property Owners Association (DHPOA), the largest civic association in downtown Hollywood, representing over one million square feet of property ownership. He is an esteemed member of the CCIM Institute, which is the highest designation a real estate professional can receive, and is a shareholder in industry-leading platforms such as Costar, Crexi, and Re/Max. His areas of expertise include commercial real estate, residential real estate, full service property management, investment properties, industrial real estate, wealth management, 1031 tax-deferred exchanges, and senior housing facilities / assisted living facilities.
Beyond his real estate acumen, John DeMarco is deeply committed to philanthropy, collaborating with various charitable organizations and dedicating both his time and a portion of his commissions to their causes including The Children’s Miracle Network, The Archdiocese of Miami, The Greater Miami Jewish Federation and the Broward County Great Strides Cystic Fibrosis Foundation. A portion of every single commission John DeMarco receives is donated to charity.
Personally, John DeMarco is married with three children, he enjoys coaching his children’s ice hockey and baseball teams. He is an avid boater, and his hobbies include fishing and golfing.
John's entry into the real estate arena began early, characterized by entrepreneurial endeavors in property development and property management. At the age of 21, he launched a successful career with Re/Max, transitioning from a brief stint in corporate America to embrace the core values of hard work, belief, and resolve—the same principles that have underpinned Re/Max’s success for over fifty years. Under his astute leadership, his real estate organization has grown to include over fifty seasoned professionals, including his personal top-tier sales team of 10. John DeMarco was inducted into the prestigious Re/Max Hall of Fame in 2013, he has been awarded the Re/Max lifetime achievement award in 2017, and the Re/Max Circle of Legends award in 2021. His team is ranked the #1 Re/Max Commercial team in the entire state of Florida and the entire United States from 2013 through 2024. He and his team has been awarded the exclusive CoStar Power Broker award Crexi Platinum Award along with the Re/Max Pinnacle Club Award. Per MLS Statistics, his office is ranked the #1 Real Estate office for both Residential and Commercial sales in the entire city of Hollywood.
Mr. DeMarco's formidable academic foundation in business administration and business law, augmented by his studies at Florida Atlantic University, has been integral to his success. After relocating to South Florida in 1998 from rural SW Pennsylvania, he ventured into the real estate sector in 2006. John DeMarco is very proud to have led his team, The DeMarco Real Estate Group? to its formable position as the nation’s top real estate team it is today. He prides himself on providing excellent client service and representation and maintains an excellent reputation within the industry. He is well known for putting his client’s best interest above all else during the transaction process while delivering significant financial returns for his investors. His innovative marketing strategies have attracted a substantial international investor clientele, resulting in over $600 million in overseas assets allocated for US property sales.
John serves as the President of the Downtown Hollywood Property Owners Association (DHPOA), the largest civic association in downtown Hollywood, representing over one million square feet of property ownership. He is an esteemed member of the CCIM Institute, which is the highest designation a real estate professional can receive, and is a shareholder in industry-leading platforms such as Costar, Crexi, and Re/Max. His areas of expertise include commercial real estate, residential real estate, full service property management, investment properties, industrial real estate, wealth management, 1031 tax-deferred exchanges, and senior housing facilities / assisted living facilities.
Beyond his real estate acumen, John DeMarco is deeply committed to philanthropy, collaborating with various charitable organizations and dedicating both his time and a portion of his commissions to their causes including The Children’s Miracle Network, The Archdiocese of Miami, The Greater Miami Jewish Federation and the Broward County Great Strides Cystic Fibrosis Foundation. A portion of every single commission John DeMarco receives is donated to charity.
Personally, John DeMarco is married with three children, he enjoys coaching his children’s ice hockey and baseball teams. He is an avid boater, and his hobbies include fishing and golfing.
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Casselberry Corporate Center | 1211 State Road 436
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