Tarek Chbeir Of Marcus & Millichap Represents Sale Of Turkey Lake Plaza In Orlando For $10.8M

A 19,719-square-foot retail center located at 7858 Turkey Lake Road in Orlando has been sold for $10,800,000. The property, known as Turkey Lake Plaza, was built in 2010 and is leased to 12 tenants, including Gyu-Kaku Japanese BBQ.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $10,800,000
• Square Footage: 19,719
• Price Per Square Foot: $548
• Broker: Tarek Chbeir
• Agency: Marcus & Millichap

Tarek Chbeir procured a local investor as the buyer for the transaction, while the identity of the seller remains undisclosed.