Marcus & Millichap Brokers $9.9M Sale of Retail Center in Orlando’s Dr. Phillips Area

ORLANDO, Fla., March 30, 2026 - Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale of Shoppes at Turkey Lake, a three-tenant retail center in Orlando's Dr. Phillips area. The property sold for $9.9 million.

Doug Mandel, Tarek Chbeir, Zach Levine and Cody Hershey of Marcus & Millichap represented the seller and procured the buyer, Darna Developments LLC.

The property is located at 7720 Turkey Lake Road and is fully leased to Rokka's Market, AYR Cannabis Dispensary and Club Champion. Built in 2014, the 19,213-square-foot center sits on 1.8 acres and operates under triple-net leases.

The site is near the intersection of Turkey Lake and Sand Lake roads, with access to Interstate 4 and close to Universal Orlando and SeaWorld.

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About Marcus & Millichap, Inc. (NYSE: MMI)

Marcus & Millichap, Inc. is a leading brokerage firm specializing in commercial real estate investment sales, financing, research and advisory services with offices throughout the United States and Canada. As of December 31, 2025, the company had 1,808 investment sales and financing professionals in over 80 offices who provide investment brokerage and financing services to sellers and buyers of commercial real estate. The company also offers market research, consulting and advisory services to clients. Marcus & Millichap closed 8,818 transactions in 2025, with a sales volume of approximately $50.9 billion. For additional information, please visit https://www.MarcusMillichap.com.