Tramonto Marketplace at the northeast corner of I-17 & Carefree Highway, along the west side of North Valley Parkway is for sale.
Anchored by Kohls, Bed, Bath & Beyond and Big 5 Sporting Goods, the 187,979-square-foot center sits on just over 21 acres. The price tag: $50 million, according to the commercial-property listing site LoopNet. The property, initially developed in 2007, includes an 8,000-square-foot buildable pad that is paved and stubbed with utilities.
The adjacent Home Depot is not part of the sale, nor is plaza to the east anchored by Albertsons.
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Despite rumblings of a future PetSmart store joining the plaza, a spokesperson for PetSmart said there are no plans to open a store at the Tramonto Marketplace or anywhere else in the Tramonto area.