Port City Pups moves into 650 St. Anthony Street
New business Port City Pups recently acquired the 650 St. Anthony Street site in Downtown Mobile for an undisclosed amount that includes an 11,000-square-foot building sitting on a 45,000-square-foot plot of land, covering nearly a city block. Tracy Womack with White-Spunner Realty was the agent handling the transaction.
The site was embroiled in controversy earlier this year when the former owners and operators of Gulf Coast Ducks exercised a “right of first refusal clause” in their rental agreement, allowing them (at the time) to the right to acquire the building, as previously reported in Lagniappe.
Bailey Duos, the 22-year-old co-owner of Port City Pups, is a very recent University of South Alabama (USA) graduate and has been heavily plugged into the entrepreneurial ecosystem that has been promoted over the past handful of years by local thought leaders.
During her senior year in college, Duos competed in three local startup pitch competitions, placing well, while at the same time continuously honing her 64-page business plan.
In the Melton Center Causeway Pitch Competition, Duos came in first place, winning $2,200. In the Coastal Venture Competition Duos, also sponsored by USA’s Melton Center, she again won and was awarded $4,400. In a third pitch contest, hosted by Atmore-based United Bank, Duos came in second but landed her biggest pile of money yet at $10,000.
“United Bank also worked with us to set up a traditional line of credit to purchase the building downtown,” Duos said. “Before that we had approached three or four other area banks and were told that startups were not funded. As judges, they were able to see firsthand what we had to offer and liked my business plan.”
Port City Pups will open sometime during the fall of this year and will focus on doggie daycare, overnight canine boarding and pet grooming services. Additional capital investment in the property for build-out and upgrades will cost upwards of $80,000 and plans are in place to have around five employees when fully staffed.
The new venture will also share space with the recently successfully reopened Duck Boats business, managed by the Zarzour Companies, with each business occupying roughly 5,500 square feet inside the site. Duck Boats will be leasing space from Port City Pups. The new startup can also be viewed as a potential paradigm shift in optics around how new businesses can be financed, built and promoted locally. “If it weren’t for the pitch competitions, business plan help from the Melton Center at South Alabama and especially United Bank, none of this would have happened.” Duos said.
Business moves, transactions
Locally owned Coffee Monster has signed a lease for a 1,500 square feet of retail space inside the Publix shopping center development located in Midtown Mobile, near the intersection of Old Shell and Florida Street, according to Amber Hightower Dedeaux of Vallas Realty, who handles leasing at the center. Coffee Monster moved out of their Bel Air Mall site this past June and is reopening by the end of the year.
Kenny Nichols with Vallas Realty reported a new multi-tenant retail site will be developed on about an acre of property, located near the intersection of Schillinger and Cottage Hill Road, was picked up by local speculators for $285,000. Brent Cumbest with Milling Commercial Realty represented the buyers. Nichols worked for the seller.
Chris Harle with White-Spunner Realty handled the lease transaction for the landlord working with FOY Superfoods. The popular local eatery has settled into a second 1,200-square-foot restaurant site located at 6345 Piccadilly Square Drive inside the Piccadilly Square Shopping Center. Heather Huffman with Huffman Real Estate represented the tenant in the transaction.
Out-of-state developers recently purchased 3.5 acres at the intersection of Moffett Road and Springhill Avenue for $275,000 and have announced plans to build a new 11,000-square-foot Kedplasma facility. Nichols with Vallas Realty represented the seller and Coleman O’Gwynn of Transwestern worked for the buyer.
Ryan Loper with Better Homes and Gardens Real Estate Generations reported the lease of a 1,200-square-foot property located at 9211 Cottage Hill Road by local entrepreneur Meredith Simmerman, owner of Reney’s Honey Butter. Loper represented the tenant in the transaction and White-Spunner Realty worked for the landlord.
Lisa Elcan and Leigh Dale Younce with JLL reported some 31,500 square feet of retail space was recently leased inside the Mobile Festival Centre, located at 3725 Airport Blvd., by Spirit Halloween. Plans are in place to open in early fall near the start of the holiday season.
Direct Auto and Life Insurance has leased some 1,200 square feet of space at Alpha Village strip shopping center located at 7941 Moffett Road in Semmes, according to Amber Dedeaux who represented the landlord. The tenant signed a three-year lease with options.
Janet Keene with Bender Real Estate Group handled A&O Health Career Center Inc. leasing an 1,800-square-foot footprint found at 4373 Downtowner Loop S. in Mobile. A&O Health Career Center offers training courses in the healthcare technician industry.
Jay O’Brien with J.L. O’Brien & Associates recently reported a local speculator has picked up some 18 acres of land located in Bayou La Batre, near Padgett Switch Road, for $150,000. Development plans for the site were unknown as of press time.
Habitat for Humanity acquires donations
Habitat for Humanity of Southwest Alabama recently announced their latest round of real estate donations given to the nonprofit.
Three lots were donated in Irvington, each with a fair market value of $18,000 and a total value of $54,000. No plans were in place to build-out on the heavily wooded property in the near future.
Seven lots were donated at Campanella Estates in Theodore, with a fair market value per lot of $9,800 for a total worth of $68,600. Expectations are to build homes on the lots sometime in the summer of 2020.
Seven lots were also donated in Georgetown Heights in Georgetown. The fair market value per lot is $16,000 for a total worth of $112,000. Plans for residential build-out were tentatively set for sometime in the fall of 2020.
“Having so many lots like these donated really enables Habitat for Humanity of Southwest Alabama to help families obtain suitable homes for affordable costs,” Executive Director Courtney Rouse-Heinz said. “This is a great gift to our organization and enables us to continue to serve low-income families in our community.”
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