George Busher Acquires Retail Asset At 670 Lee Road Orlando For $3.144M
670 Lee Road
$3,144,000
$280/SF
Building Size
11,200 SF
Asset Type
Retail
Closing
Aug 13, 2025
AI
The retail asset located at 670 Lee Road in Orlando has been sold for $3,144,000. The property spans a total of 11,200 square feet, resulting in a price per square foot of $280.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $3,144,000
- Address: 670 Lee Road
- Market: Orlando
- Square Footage: 11,200
- Price per Square Foot: $280
- Buyer: George Busher
- Seller: Ashley Rose
- Buyer's Representative: Michael Alaoui - Marcus & Millichap
- Seller's Representatives: Ronnie Issenberg, Gabriel Britti & Ricardo Esteves - Marcus & Millichap
In this transaction, the buyer, George Busher, was represented by Michael Alaoui from Marcus & Millichap, while the seller, Ashley Rose, was represented by Ronnie Issenberg, Gabriel Britti, and Ricardo Esteves, also of Marcus & Millichap. This highlights the involvement of the same agency for both sides of the transaction.
Players
Orlando Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.05%
Cash-on-Cash
-1.44%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93