Welcome to Casselberry Corporate Center, conveniently located next to Maitland, Winter Park, and Lake Howell. 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 351, 106 SF, 8. 06 acre lot. This property is strategically situated just off SR 436, offering excellent visibility with an impressive traffic count of 54, 000 vehicles per day. 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. 06 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 $143 per square foot. This building is perfect for an owner-user corporate headquarters or an investor. Strong tenant mix with space available. Projected cap rate is 9. 5% once fully leased. As of 01/01/2025, An owner can promptly occupy the entire 3rd floor, which spans 29, 732 sq ft, along with additional spaces on the first and second floors, totaling 45, 312 sq ft. Located in a prime area close to Winter Park and Maitland, two highly regarded sub-markets in the Orlando region, this opportunity represents an exceptional deal. Schedule your showing today!
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Our Executive Mortgage Banker:
Our Insurance Division:
$11,950,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $9,560,000 | $9,560,000 | $9,560,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.750% | 6.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.286% | 6.874% | 6.972% |
Monthly Tax Payment | $6,718 | $6,718 | $6,718 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $63,603 | $62,006 | $84,597 |
Total Monthly Payment | $70,446 | $68,849 | $91,440 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.