Last updated on August 14th, 2024
Retail Investment Opportunity
$12,000,000
204 State Road 436, Casselberry, Florida 32707
Building Size | 85,560 Square Feet |
Land Size | 7.56 Acres |
Zoning | C-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.