El Molinito Adds New Oro Valley Location

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El Molinito of Tucson (Wayne & Margaret Hallquist) purchased the former Chicago-style pizza parlor at 10180 N Oracle Road in Oro Valley for $1.25 million ($171 PSF). This will be its fourth restaurant location in the area. The 7,295 sq. ft. restaurant (built 2001) on 1.38 acres sold fully fixturized in an REO sale from Silver Point Capital’s affiliate SPCP Group IV, LLC.

The restaurant was most recently a Uno Chicago Grill franchise (2007) and later re-branded to the Loop Taste of Chicago. In 2007, the property was sold for