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.
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.