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670 Lee Road

George Busher Acquires Retail Asset At 670 Lee Road Orlando For $3.144M
SOLDRetail

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

Michael Alaoui

Marcus & Millichap

Broker

$45.6M

vol

6 deals

Broker
Marcus & Millichap
Marcus & MillichapBrokerage
Ashley Rose

Ashley Rose

Seller

$10.8M

vol

4 deals

Seller

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