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31715106
31715105

685 Schillinger Rd S, Mobile, AL 36695

BH
CT 756500, MA 133395
Horvath & Tremblay
TT
MA 9​5​0​4​1​4​5
Horvath & Tremblay
Listed by Horvath & Tremblay
$1,333,333
49 days on market
Updated 49 days ago

7 Brew

Details
Property Type Retail
Sub Type QSR/Fast Food
Square Footage 510
Cap Rate 6%
NOI $80,000
Occupancy 100%
Tenancy Single
Brand/Tenant 7 Brew
Lease Type Absolute NNN
Lease Expiration 08/31/2036
Remaining Term 10.2
Rent Bumps Yes
Lease Options 6, 5-Year Options
Year Built 2026
Buildings 1
Stories 1
Acreage 0.500
Parking Spaces spaces
Investment Type Net Lease
Tenant Credit Franchisee
Lease Commencement 08/29/2026
Ground Lease Yes
Ownership Ground Lease

Retail | 6.00% CAP | 510 SqFt

Marketing description

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the new construction 7 Brew ground lease located at 685 Schillinger Road South in Mobile, Alabama (the “Property”). The Property will be improved by a new construction free standing 510 square foot building on a 0.5-acre parcel. 7 Brew has a 10-year ground lease with six (6), 5-year renewal options. The lease calls for attractive 10% rent increases every five years throughout the primary lease term and at the start of each renewal option. 7 Brew is under construction with an anticipated rent commencement date of August 29, 2026.

7 Brew is a pad site to Walmart Supercenter and occupies a prominent location along Schillinger Road South (AL Route 31), a major commercial and commuter corridor in the Mobile market. The Property features exceptional frontage and visibility from three roadways and offers seven points of access, allowing for convenient ingress and egress. The store is located between Home Depot and Westwood Plaza, a regional shopping center anchored by Rouses Market, Ross, and Hobby Lobby, and is surrounded by a strong concentration of national retailers and restaurants that generate substantial consumer traffic.

The site is located just moments from Airport Boulevard and provides convenient access to U.S. Routes 90 and 98, as well as Interstate 65, offering efficient regional connectivity to Downtown Mobile and the broader southern Alabama area. Additionally, the Property is approximately 1.5 miles from Mobile Regional Airport, 3 miles from the University of South Alabama, and about 12 miles west of Mobile’s Central Business District, further reinforcing its accessibility and regional appeal

Investment highlights

NEW CONSTRUCTION: The new construction 7 Brew has a 10-year ground lease with six (6), 5-year renewal options. The lease calls for attractive 10% rent increases every five years throughout the primary lease term and at the start of each renewal option. 7 Brew is under construction with an anticipated rent commencement date of August 29, 2026.

IRREPLACABLE RETAIL LOCATION: 7 Brew is a pad site to Walmart Supercenter and is positioned along Schillinger Road South (AL Route 31), the area’s primary commercial and commuter corridor. The Property offers seven points of access and outstanding frontage and visibility from three roadways. Situated between Home Depot and Westwood Plaza, the Property is surrounded by national retailers and restaurants that generate significant consumer traffic. The Property is also convenient to the University of South Alabama and the areas residential neighborhoods providing a built-in and captive customer base. Representative Photo

DYNAMIC TENANT: 7 Brew is one of the fastest-growing drive-thru beverage brands in the country. The high-energy drive-thru coffee chain offers over 20,000 unique drink combinations from small, 500-square-foot, double-lane locations. This location is operated by Brew Horizons LLC, a prominent franchisee that currently operates 37 locations with plans to open an additional 30 locations along Florida's East Coast, across South Alabama, in Central Illinois and throughout much of Michigan over the next several years.

ZERO MANAGEMENT RESPONSIBILITIES: 7 Brew has a Ground Lease and is responsible for real estate taxes, insurance, common area maintenance and capital expenses, making it an attractive investment for the passive real estate investor.

TRADE AREA: Additional retailers and attractions drawing consumers to the immediate trade area include Walmart Supercenter, Home Depot, Lowe’s, Target, Kohl’s, At Home, Bealls, Rouses Market, Aldi, AMC, Planet Fitness, Hobby Lobby, Ross, Hibbett, Walgreens, Chili’s, Panera, First Watch, Chick-fil-A, Chipotle, McDonald’s, Wendy’s, Burger King, Taco Bell, Arby’s, Popeyes, Crumbl, Waffle House, Steak ‘n Shake, Golden Corral, Cracker Barrel, Krystal, Zaxby’s, Hardee’s, Panda Express, Freddy’s, Jersey Mike’s, Dunkin’, and Wawa.

HIGH TRAFFIC COUNTS: On average more than 34,300 vehicles pass the Property along Schillinger Road South each day. An additional 27,500 vehicles per day pass near the Property along Airport Boulevard (AL Route 56).

STRONG DEMOGRAPHICS: Approximately 49,600 people live within 3-miles of the Property with an average household income of $86,115. More than 123,700 people live within 5-miles of the Property with an average household income of $97,413. Additionally, there are more than 41,000 employees within 5-miles of the Property.

Listing Contacts

BH
CT 756500, MA 133395
Horvath & Tremblay
TT
MA 9​5​0​4​1​4​5
Horvath & Tremblay
Listed by Horvath & Tremblay

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$80,000.00
$6,666.67/mo

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Additional Information

Name
Ethan Cole
License
000165659-0
Title
Broker of Record
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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