1082 FL-436 Hwy - Freestanding FOR SALE


Casselberry, FL 32707
$2,732,000 USD
305-570-2600
1082 FL-436 Hwy, Casselberry, FL for Sale
$2,732,000 USD
Freestanding - FOR SALE
1/12
null | 6.38% Cap Rate

1082 FL-436 Hwy
Casselberry, FL 32707


HIGHLIGHTS

  • (NN) Double-Net Lease With Minimal Landlord Responsibilities
  • Four Year Term On Initial Lease With One Additional Five-Year Option
  • Large Training Store Location (8,200 Sf) For The Price Of A Standard (2,400 Sf) Retail Only Prototype
  • Sub-Market Rent Allowing For Upside Realization
  • Half-Retail Store | Half-Regional Training Facility
  • Highly Trafficked Area | Over 70,000 Vehicles Per Day

OVERVIEW

Located in Casselberry’s prime retail corridor, this renovated freestanding Verizon Wireless asset offers exceptional visibility and stable income. Positioned at the intersection of Sausalito Blvd and Semoran Blvd, the site features dual frontage and exposure to over 70,000 vehicles daily. The 8,200 SF building sits on a 0.71-acre lot with 44 parking spaces and a strong parking ratio. Leased to Cellular Sales of Knoxville, a top Verizon Wireless retailer with 770+ locations, the property operates under a double-net lease with minimal landlord obligations. The lease runs through April 2028 with a five-year renewal option and includes 12.5% rent escalations every five years. The site also functions as a regional training facility, reinforcing tenant commitment. Located less than ten miles from Rollins College, Full Sail University, and Valencia College, the property benefits from a vibrant, educated consumer base and proximity to dense residential neighborhoods, enhancing long-term leasing appeal.

FOR SALE DETAILS

PRICE

$2,732,000 USD

PRICE/SF

$333 USD /SF

CAP RATE

6.38%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Freestanding Verizon Wireless Retail Corridor

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1989

SPRINKLERS

-

PARKING SPACES

44

LAND DETAILS

LAND ACRES

0.71 AC

LAND SF

30,928 SF

ZONING

CG

APN/PARCEL ID

21-21-30-530-0000-0050

ASK ABOUT THIS PROPERTY

Adriano SalucciApex Capital Realty LLCMore Info
305-570-2600

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Adriano SalucciApex Capital Realty LLCMore Info
305-570-2600

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.