PHOENIX-An investor based in Los Altos, CA, has acquired Tatum Point Shopping Center for $30 million.

The buyer, Tatum Venture LLC, purchased the 173,529-square-foot, Walmart-anchored neighborhood center from Scottsdale, AZ-based Tatum Point LP. The sale, which did not include the Walmart, represents one of the largest single shopping center trades in the Valley since 2008.

Situated on nearly 20 acres on the southwest corner of Tatum Boulevard and Bell Road, Tatum Point is leased to a mix of national and local tenants including: Petco, Subway, Rubio’s, Discount Tire Company, Wendy’s, H&R Block, Dunkin Donuts, Payless ShoeSource and Starbuck’s. The center also includes a 47,000-square-foot vacant space that was formerly occupied by Bashas’.