Argent Retail Advisors Arranges $4.8 Million Sale of Single-Tenant Retail Property in Moreno Valley, California

Moreno Valley, Calif. — Argent Retail Advisors has arranged the sale of a single-tenant property formerly occupied by Acapulco restaurant at 12569 Centerpoint Drive in Moreno Valley. The property, which was vacant at the time of the sale, sold for $4.8 million in an all-cash transaction. The building is situated just off the 60 freeway at the intersection of Frederick St. and Sunnymead Boulevard. Terry Bortnick of Argent Retail Advisors represented the seller, Brixton Alto Shopping Center LLC, in the transaction.

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