Prudent Growth Partners buys Scenic Square retail center in Texas for $7.4 million

  • Prudent Growth Partners bought Scenic Square, a 28,850-square-foot neighborhood retail center in Rowlett, Texas, for $7.4 million.
  • Property is 100% occupied under mostly triple-net leases, providing in-place cash flow.
  • Site sits on a major retail corridor near big-box grocery retail, supporting traffic of about 40,200 vehicles per day.
  • Average rents run about 25% below nearby market levels, pointing to potential upside through renewals and leasing.


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