Sun Valley Plaza Holdings Acquires Retail Center Near Phoenix for $6.4 Million
MESA, ARIZ. — Sun Valley Plaza Holdings Inc. has acquired Sun Valley Plaza, a 94,094-square-foot retail center in Mesa, for $6.4 million. The center was 96 percent leased at the time of sale to tenants including Denim Diamonds, Main Street Antique Mall and Carbajal’s Mexican Restaurant.
The seller, Michael A. Pollack Real Estate Investments, purchased the property in 2004 for $3.1 million when the center was 16 percent leased.
Sun Valley Plaza is located at 7336 E. Main St., 30 miles east of downtown Phoenix.