Casselberry Square is a 96,946 square foot, neighborhood shopping center on a 10.5 Acre parcel, anchored by Ollie’s Bargain Outlet, Dollar General, and Pet Supermarket. The center is located at the extremely high traffic intersection of State Road 436 and Red Bug Lake Road (107,000 VPD) in the densely populated and upper middle-income Orlando suburb of Casselberry, Florida.
The center is anchored by value-oriented retailers with renewal histories and uniquely low rents, and more than 75% of GLA is comprised of national retailers. The property’s deep infill positioning, national tenancy and overall low rents drive a unique combination of future income stability, income growth potential, as well as substantially below replacement cost pricing and high yielding covered land bank dynamics.
Included are 2 developable out parcels totalling 1.56 Acres fronting SR-436
actively looking to acquire a mix of distressed, mismanaged and undervalued commercial properties in florida's major markets and select cities in the south eastern united states.
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