Yes, the old El Rodeo on Monroe is being turned into an El Azteca. Always on the hunt for a GOOD Mexican restaurant in town, we tried it's sister restaurant at the old Ralphies in Maumee last week. Don't waste your time.
The margaritas were obviously made from the same crappy, glow in the dark, sickening sweet mix that every other Mexican restaurant in town uses. Salsa was "ok" - chips were tolerable. We each had some form of a combo plate. Just plain nasty. And the service was lousy to boot.
I'd LOVE recommendations for truly good Mexican food in the Toledo area. I've done the El Vaqueros, El Caminos and similar such places that have sprung up all over town. Not to my liking.
And I was a charter member of Loma Linda - because of their tasty margaritas. But everything they serve out there is covered in grease and fake cheese sauce. Had enough of that.
My current favorite is Ernesto's out on Woodville Rd. past Genoa. Little dive of a place but the food is very good. Best margaritas on the planet - I know this because there's a sign on the wall that says so! It's just too dang far to drive.