North Scottsdale shopping center sold to local investors
The retail options in a community are a large component to the quality of life residents are looking for when purchasing a home. Rarely do people want to move to an area that is undeserved and provides little access to grocery stores, outlets or other various suppliers. For those who have the shopping bug and just want to live close to stores, Scottsdale is the place to be. Check out the MLS listings in Phoenix to find an affordable property in this neighborhood - near a variety of retailers.
The Sonora Village shopping center is just one of the strip malls dedicated to consumerism, and it was recently bought by two local investors. According to the Phoenix Business Journal, the hub, which features national retailers such as Walmart, Best Buy, Staples and and other attractions such as Four Peaks Brewery, was sold for $46.5 million.
The 250,000 square foot retail center is approximately 84 percent occupied, the news source reports. However, new businesses could be on their way into the shopping center in the near future - for the pleasure of local residents needing some retail therapy.