George Busher Acquires Retail Asset At 670 Lee Road Orlando For $3.144M
SOLD
$3,144,000
+ 2
Florida
See Similar DealsRetail11,200 SF
Sold 08/14/2025
SOLD
George Busher Acquires Retail Asset At 670 Lee Road Orlando For $3.144M
670 Lee Road
See Similar DealsRetail11,200 SF
Sold 08/14/2025
+ 2
Summary
FLORIDA
Asset Type:Retail
Price Per Square Foot:$280
Total Square Footage:11,200 SF
Transaction Type:Sale
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
BROKERAGE
Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$167,680.01
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$11,169.96
Cash-on-Cash Return-1.27%
Monthly Debt Service$14,904.16
Annual Debt Service$178,849.97
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