Aladin Asker Purchases Retail Property From Core IPF For $9.9 Million In Orlando
7720 Turkey Lake Road
$9,900,000
$515/SF
Building Size
19,213 SF
Asset Type
Retail
Closing
Mar 24, 2026
AI
The property asset involved in this transaction is a retail space located at 7720 Turkey Lake Road, Orlando. The sale price for this asset was $9,900,000. The total square footage of the retail property is 19,213, resulting in a price per square foot of $515.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $9,900,000
- Square Footage: 19,213
- Price per Square Foot: $515
- Buyer: Aladin Asker
- Seller: Core IPF
- Brokers: Douglas K. Mandel, Tarek Chbeir, Zach Levine & Cody Hershey - Marcus & Millichap
- Transaction Date: 03/24/2026
This transaction was facilitated by the representatives from Marcus & Millichap, including Douglas K. Mandel, Tarek Chbeir, Zach Levine, and Cody Hershey, who collectively handled the representation in this deal involving the buyer and seller.
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
1.60%
Cash-on-Cash
-0.46%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93