The Pavilions at San Tan Heights sells for $12 million

Pavilions at San Tan Heights, 1749 W. Hunt Highway in San Tan Valley, was constructed in 2008. (Submitted photo)

The Pavilions at San Tan Heights, a 33,313-square-foot retail property at 1749 W. Hunt Highway in San Tan Valley, has been sold, according to Marcus and Millichap, a commercial real estate investment services firm.

The property consists of all of the shop space adjacent to the Super Walmart and sold for $12 million, according to a release.

The building was constructed in 2008.

Douglas R. Fielding, an investment specialist in Marcus and Millichap’s Phoenix office, represented the original developer/seller of the property on an off-market basis and the buyer who purchased via a 1031 tax-deferred exchange, according to the release.

Marcus and Millichap has nearly 2,000 investment sales and financing professionals in the U.S. and Canada. Go to MarcusMillichap.com.

The Queen Creek Independent is mailed each month to 24,000 homes.

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