1070 State Road 436 - Casselberry, FL 32707

Listing Price:	$2,950,000
CAP Rate:	5.25%
Lot Size:	0.71 Acres
Price per SF:	$359.76
Year Built:	1989
Rentable SF:	8,200 SF

NET LEASE AND INVESTMENT SUMMARY

• Next base rental increase of 12.5% coming in two and a half Years Lease guaranteed by Cellular Sales of Knoxville, Inc,,
  Verizon’s largest franchisee with 770 locations
• 8 Years remaining on lease with one option to extend for 5
  years
• Low price per foot offering
• Building is ideal for subdivision into a multi-tenant building in future

LOCATION SUMMARY

• Located in Dense Orlando Suburb with Avg. HH Income over $82,000
• Large building also houses regional training facility for Verizon
• Property sits on Semoran Boulevard has average daily traffi c count over 75,000
• Outparcel to Baer’s Furniture anchored center
• Corner signalized location with great visibility and access

PROPERTY DESCRIPTION

Marcus & Millichap is proud to exclusively market tthe Verizon single tenant net leased investment property situated in Casselberry, FL a densely populated Orlando Suburb. The 8,300 SF building is located on high traffi c Semoran Boulevard with an average daily traffi c count over 75,000 vehicles. The lease is guaranteed by Cellular Sales of Knoxville, Inc., the largest Verizon franchisee in the country with over 770 locations. The lease has aggressive 12.5% base rental increases, with the next increase coming in two and a half years.