Updated Aug 11, 2025
Abe Franco Purchases Industrial Property In Orlando From Joe Miller Net Leased To Greyhound Lines
555 John Young Parkway
$7,150,000
$243/SF
Building Size
29,396 SF
Asset Type
Industrial
Closing
Jul 24, 2025
About this deal
AI
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.
On the Map
$7,150,000
$243/SF
Industrial
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Players
Orlando Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.22%
Cash-on-Cash
-0.63%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93