facebook
Traded Co logo
Submit

Abe Franco Purchases Industrial Property In Orlando From Joe Miller Net Leased To Greyhound Lines

Property Image
SOLD
$7,150,000

Florida

See Similar Deals
Industrial29,396 SF
Sold 07/25/2025
the dealplayerscompscontact
Property Image
SOLD

Abe Franco Purchases Industrial Property In Orlando From Joe Miller Net Leased To Greyhound Lines

555 John Young Parkway

See Similar Deals
Industrial29,396 SF
Sold 07/25/2025
Contact now

Summary

FLORIDA
Asset Type:Industrial
Price Per Square Foot:$243
Total Square Footage:29,396 SF
Transaction Type:Sale

555 John Young Parkway, Orlando, Florida, a 29,396 SF industrial asset, sold for $7,150,000 ($243 per SF) in the Orlando market. The property is net-leased to Greyhound Lines, Inc. and sits minutes from downtown Orlando, serving as a key intercity transportation hub with access to major highways, retail and residential development. Note from Broker: The Settineri Group highlights the asset's long-term net lease and redevelopment potential.

Summary of transation details:

  • Property Type: Industrial
  • Transaction Amount: $7,150,000
  • Size: 29,396 SF
  • PPSF: $243
  • Address: 555 John Young Parkway
  • Market: Orlando
  • Buyer: Abe Franco
  • Seller: Joe Miller
  • Brokers: Christopher Settineri - Settineri Group; Maria Camila Castro - Settineri Group; Christina Kurtz-Clark - Settineri Group
  • Sale Date: July 2025

The deal was led by brokers Christopher Settineri, Maria Camila Castro, and Christina Kurtz-Clark of the Settineri Group. The buyer, Abe Franco, is a private investor completing a 1031 exchange, and the seller is Joe Miller.

Players

Christopher Settineri
6 deals$15.3M volume(973) 407-0008
BROKER

Christina Kurtz-Clark
Settineri Group
2 deals$8.2M volume(352) 223-0817
BROKER

Maria Camila Castro
Settineri Group
4 deals$11.5M volume(407) 577-0277
BROKER

Settineri Group
BROKERAGE

Details

SOLD
IMAGE: Christina Kurtz-Clark, Christopher Settineri, Maria Camila Castro & Joe Miller DATE: 07/25/2025 ADDRESS: 555 John Young Parkway MARKET: Orlando ASSET TYPE: Industrial BUYER: Abe Franco SELLER: Joe Miller BROKERS: Christopher Settineri (@Settineri) (@Settineri.Group), Maria Camila Castro (@FirewithCamila) & Christina Kurtz-Clark - Settineri Group (@Settineri.Group) SALE PRICE: $7,150,000 SF: 29,396 ~ PPSF: $243 NOTE FROM BROKER: The Settineri Group is proud to announce the successful sale of 555 John Young Parkway, a specialty industrial property in Orlando, Florida, net-leased to Greyhound Lines, Inc. Located just minutes from downtown Orlando, 555 John Young Parkway serves as a key intercity transportation hub and benefits from high traffic counts and proximity to major highways, retail, and residential developments. The transaction closed in July for $7,150,000. Originally listed by Settineri Group in January 2025, the property attracted significant investor interest due to its long-term net lease, high visibility, and strategic location in one of Florida’s fastest-growing markets. The buyer, a private investor completing a 1031 exchange, was drawn to the asset's stable in-place cash flow and future redevelopment potential. As markets adjust to an increasingly uncertain macroeconomic environment, marked by interest rate volatility, geopolitical risk, and evolving investor sentiment, Settineri Group continues to deliver value by navigating complex transactions that sit at the intersection of critical infrastructure, alternative asset demand, and urban redevelopment. Properties like 555 John Young Parkway are emblematic of the opportunities investors are seeking: secure income today, with alpha-generating potential through repositioning or redevelopment in the future. In high-growth markets like Orlando, these assets offer a rare combination of stability and strategic upside.

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$381,333.32

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$25,402.45
Cash-on-Cash Return-1.27%
Monthly Debt Service$33,894.65
Annual Debt Service$406,735.77