According to John Vallas with Vallas Realty, a proposal is in place for the 1420-square-foot former Rester’s Auto Shop site — on the corner of Old Shell Road and Border Drive and adjacent to Lavretta Park — to be converted into a 1950s-era throwback style eatery.
Blueprints indicate the existing structures will more than double in size, with proposed additions encompassing some 1,650 square feet. An open deck area in the back will have a covered canopy, and separate 830-square-foot office space will be built toward the rear of the site.
Plans also indicate the build-out of a large, crushed-stone parking lot area between Border Drive and Parkway Drive, adjacent to a similarly sized lot owned by the city and currently used by park visitors. Nine new walk-up parking lanes will also directly front the Border Drive side of the property.
An expanded sidewalk fronting the Old Shell Road main entrance is also planned. Two new streetlights and a handicap-accessible drop-off/loading zone are also seen in the works. Timelines for groundbreaking, construction and additional capital investment involved in developing the location were unknown as of press time.
Palm Beach Tans is leasing 1,600 square feet of retail space in Tillman’s Corner Plaza, located at 4419 Rangeline Road in Mobile. Plans are in place to open in fall 2017, marking its fifth Mobile location. Angie McArthur with Stirling Properties handled the transaction.
Freedom Carrington Hall purchased an 8,000-square-foot religious facility for $270,000, located at 5901 Overlook Road. An adjacent two-acre parcel remains available for purchase according to NAI Mobile, which represented the sellers in the transaction. Don Wilkins of Coldwell Banker represented the buyers.
Cameron Weavil, vice president of the Weavil Co., reported that a local investor paid nearly $2.9 million to acquire a 12,000-square-foot shopping center at 2050 S. McKenzie St. in Foley. The site currently has five tenants, including Papa Murphy’s Pizza, T-Mobile and UPS. One 1,500-square-foot retail lot is still available for lease, according to Weavil.
The Thrasher Company LLC certified public accountants has leased 1,151 square feet of office space at 713 Belrose in Daphne. Jeff Barnes with Stirling Properties managed the transaction.
MetalTech Service Center Inc., a Houston-based company, signed a three-year lease for Building G in Halls Mill Road Industrial Park at 5237 Halls Mill Road. The tenant will occupy 16,766 square feet on two acres, according to J.T. Jenkins and Pete Riehm of NAI Mobile, who handled the transaction.
Direct Furniture has leased 19,324 square feet of warehouse space at 1751 Industrial Drive in Foley. Jeff Barnes with Stirling Properties Broker handled the transaction. The local retailer will use the space as a distribution center.
TMIG LLC has leased 1,653 square feet of office space in Mobile Office Park, located at 3929 Airport Blvd. in Mobile. Jack Conger and Jill Meeks with Stirling Properties handled the transaction.
Anytime Fitness has leased 3,800 square feet of space at Eastern Shore Plaza, 10200 Eastern Shore Blvd. in Spanish Fort, with plans to open in spring 2018. Angie McArthur with Stirling Properties represented the property owner. Richard Parnell with Franchise Real Estate LLC worked for the tenant.
Per Terry McKinney with Delaney Land & Realty, 3.6 acres of property were picked up for nearly $1.5 million by investors who also own Springhill Hospital in Mobile. The property, located on the West I-65 Service Road N., is near the hospital. McKinney worked for the sellers and Jonathan Rudolph of Rudolph Development represented the buyers.
Altaworx LLC, offering business technology services, has signed a lease for a new 4,403-square-foot Class A office space to be located at 455 Magnolia Ave. in Fairhope. Construction of the office building will commence this summer, with delivery by late spring or early summer 2018. Mike Reid with White-Spunner Realty Inc. represented the tenant. Jeff Barnes with Stirling Properties represented the property owner.
In an additional update, Will Sledge of Mission Capital, a New York-based real estate advisory firm, represented the seller and obtained Steven McMahon of Inge and Associates Real Estate Inc. locally to assist with last week’s $18.5 million reported sale of the 540,000-square-foot Eastern Shore Centre in Malbis.
Captain D’s expanding
Nashville-based fast casual seafood chain Captain D’s recently announced the signing of a franchise development agreement that will expand its presence in lower Alabama. Four new sites are in the works, to be allocated between Mobile and Pensacola markets over the next several years, according to a news release.
Driving Captain D’s growth in Alabama are new franchise owners Sam and Gus Abusaleem of GSA Food Group, who will be in charge of opening the new locations locally. The Abusaleems have been working in the industry since the early 1990s, having previously owned and operated local convenience stores in their community as well as several restaurant franchises, including Popeye’s and Marco’s Pizza.
After developing their initial locations, the partners plan to continue expanding within their territory with the expressed goal of opening more eateries throughout the surrounding region.
“The significant brand-building accomplishments we’ve achieved over the last six years have solidified Captain D’s as a leader in the fast casual segment and showcased our potential for success,” Michael Arrowsmith, chief development officer of Captain D’s, said. “Our commitment to supporting our franchisees has not only driven interest from new candidates, but also fueled growth from within, with existing franchisees continuing to develop more restaurants.”
Founded in 1969, Captain D’s currently has 521 restaurants in 21 states. It is also the top seafood franchise in the country, as ranked by average unit volume, according to a news release. The company is currently seeking single- and multi-unit operators to join in brand expansion. For more information about franchise opportunities, visit the company’s website.