Prudent Growth Partners, LLC Acquires Somerset Shoppes Retail Center In Montgomery For $3.7M

Prudent Growth Partners, LLC acquired a retail center located at 7730 Atlanta Highway in Montgomery, AL. The total sale price for the 27,250-square-foot asset was $3,700,000, equating to a price per square foot of $136. The retail center is 85% leased to nine service-oriented tenants, with additional opportunities from leasing 4,000 square feet of vacant end-cap space and potential rent increases.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $3,700,000
• Sale Date: 08/14/2026
• Address: 7730 Atlanta Highway
• Market: Montgomery, AL
• Square Footage: 27,250
• Price per Square Foot: $136
• Buyer: Prudent Growth Partners, LLC

Prudent Growth Partners is expanding its neighborhood retail portfolio with this acquisition, which has significant upside potential through leasing and adjusting rents to market rates.