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5/14/26
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In an Inland Empire retail trade, a private investor paid $2.8 mil for a free-standing, single-tenant 2.7k sf ($1,037/sf) restaurant building leased to Wienerschnitzel. The property is located at 4605 Mills Circle, west of I-15 and north of I-10 in Ontario.
Built in 1998 and renovated in 2017, the Wienerschnitzel building is located just feet from Ontario Mills Mall, which features more than 200 stores boasting some of the biggest names in men's, women's and children's apparel, jewelry, sporting goods, footwear and more. The mall serves more than 28 million visitors annually.
Progressive Real Estate Partners Vice President of Investment Sales Lance Mordachini and Senior Vice President and Managing Director Greg Bedell represented the buyer. David Lin of Kotai Commercial repped the seller, also a private investor.
According to Lin, “This was an opportunity to acquire a low-management, single-tenant restaurant asset with minimal landlord responsibilities in a strong trade area. The property is located on the perimeter of Ontario Mills and is easily accessible from Interstate 15 and Interstate 10.”
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