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
About this deal
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.
On the Map
$9,900,000
$515/SF
Retail
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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