Last updated on November 8th, 2024

Retail Investment Opportunity

$12,000,000

204 State Road 436, Casselberry, Florida 32707


Documents
Building Size85,560 Square Feet
Land Size7.56 Acres
ZoningC-2
  • Great opportunity to acquire large footprint retail store in high traffic location at $140 / SF
  • Located on extremely busy SR 436 (Semoran Blvd) and only seconds from SR 436 and US Hwy 17-92 intersection
  • Currently occupied by Old Time Pottery and offers a Year 2 (2024) NOI - $452,000; current lease ends 12/27
  • Upon expiration, investor can lease out at current market rate and receive a high cash on cash return
  • Old Time Pottery recently restructured and is focusing on its best performing stores
  • Potential redevelopment opportunity in great location
  • 200 feet of frontage on busy SR 436 (Semoran Blvd) with 54,000 AADT
  • Adjacent to Oxford Square, a 58,444 SF shopping center
  • Additional development opportunity - retail outparcel for restaurant, convenience store, etc.

The information contained herein is from sources deemed reliable, but is subject to errors, omissions, and withdrawal without notice.


Powered by TotalCommercial.com