Prudent Growth has sold its Family Dollar property on Guess Road in Durham, NC for $1,600,000.
CHAPEL HILL, N.C., July 11, 2024 /PRNewswire-PRWeb/ -- Prudent Growth Partners, LLC, a Chapel Hill, NC-based private equity real estate firm, has sold its Family Dollar retail building on Guess Road in Durham, NC for $1,600,000. The 8,019-square-foot single tenant property was purchased in November 2019 for $1,550,000.
"We are happy with the Guess Road Family Dollar sale in Durham. The property was well-maintained during our ownership, and that gave us this disposition opportunity that produced a solid return for our investors," said Thomas Hahn, President of Prudent Growth.
Prudent Growth Partners, LLC is a private equity real estate investment company based in Chapel Hill, NC. The firm focuses on properties that tend to be overlooked by larger institutions and that provide exceptional returns on invested capital along with the possibility of longer-term capital gains achieved by expert management and future price appreciation.
Prudent Growth Operations, LLC is a full-service commercial property management company with a hands-on approach to serving our properties. Our team of professionals has one goal in mind: to create success and value in everything we do for our residents, tenants, and investors.
Media Contact
Tom Hahn, Prudent Growth Partners, LLC, 919-280-5641, [email protected],
Jason Autry, Prudent Growth Partners, LLC, 803-626-3331, [email protected],
SOURCE Prudent Growth Partners, LLC
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