IE Business Daily Business news for the Inland Empire.
The former home of Acapulco Mexican Restaurant and Cantina in Montclair has been sold.
Located at 9405 Monte Vista Ave., the building sold for $2.1 million, according to a statement released by Progressive Real Estate Partners in Rancho Cucamonga.
Progressive Real Estate marketed the property and represented the seller, a private investor in Los Angeles County whose name was not released. The buyer, Asahi One Spot, Inc. was represented Realty One Group.
The 7,400-square-foot building is part of the Montclair Entertainment Plaza, which is next to the 1.2-million- square-foot renovated Montclair Place regional mall. Montclair Place is anchored by Nordstrom, Macy’s, JC Penney and Barnes & Noble.
A fifth anchor tenant, a 12-screen AMC theater, is under construction.
Acapulco Mexican Restaurant left the building in late 2018. Ashai One Spot, which has owned and operated three sushi restaurants in the Inland Empire, plans to open a sushi restaurant there. A timeline for that project has not been announced.
Montclair Entertainment Plaza is next to Interstate 10. An estimated 246,000 vehicles pass by the site every day, according to the statement.
