An entity tracing to Oren I. Molovinsky acquired a former Sonic property for $1.3 million from an entity tracing to Mary Robin Stamnos, with $257,890 down and two loans totaling $1,422,667 with CrossFirst Bank, according to commercial real estate website vizzda.com.
The 1,526 square-foot fast food restaurant at 689 N. Arizona Ave., Gilbert, is in a single-story, single-tenant drive-thru building built in 2004 on 0.89 acres zoned general commercial.
The new owner previously announced plans to open Don Guerra’s Barrio Bagel & Slice, a drive-thru bagel and pizza slice shop from James Beard Award-winning chef and baker Don Guerra…