Tom Hahn Of Prudent Growth Partners LLC Acquires Retail Center In Ashland For $3.55M

Prudent Growth Partners LLC has acquired a retail asset located at 25 Amberwood Parkway in Ashland, OH. The property, known as Amberwood Plaza, consists of 25,400 square feet and was purchased for $3,550,000. The neighborhood retail center is currently 94% occupied, featuring 10 tenants, and is strategically situated along U.S. Highway 250 near Interstate 71. The investment presents potential benefits from lease-up opportunities and anticipated rent increases.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $3,550,000
• Square Footage: 25,400
• Price Per Square Foot: $140
• Buyer: Tom Hahn - Prudent Growth Partners LLC
• Location: 25 Amberwood Parkway, Ashland, OH

The transaction was facilitated by Tom Hahn, who represented Prudent Growth Partners LLC in this acquisition. The retail center's mix of tenants and its location along significant highways further position it as a valuable addition to the buyer's portfolio.