Freestanding Verizon Wireless Retail Corridor 1082 FL-436 Hwy 8 200 pi² Commerce de détail Immeuble Casselberry, FL 32707 3 787 754 $ CAD (461,92 $ CAD/pi²) 6,38% Taux de capitalisation

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.