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7 Brew 585 Schillinger S rd 510 SF 4-Star Retail Building Mobile, AL 36695 $1,836,666 CAD ($3,601.31 CAD/SF) 6% Cap Rate



Investment Highlights
- New Construction
- Dynamic Tenant
- High Traffic Counts
- Irreplaceable Retail Location
- Zero Management Responsibilities
- Strong Demographics
Executive Summary
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.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
510 SF
Building Class
B
LoopNet Rating
4 Star
Year Built
2026
Construction Status
Under Construction
Price
$1,836,666 CAD
Price Per SF
$3,601.31 CAD
Cap Rate
6%
NOI
$110,200 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.02
Lot Size
0.50 AC
Amenities
- Drive Thru
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- 7 Brew Coffee
- Accommodation and Food Services
- 510 SF
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| 7 Brew Coffee | Accommodation and Food Services | 510 SF | - | - |
Fairly walkable
50/100
Very drivable
80/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 28-04-19-3-000-040.001 | Improvements Assessment | $4,672,632 CAD |
| Land Assessment | $1,697,978 CAD | Total Assessment | $6,370,610 CAD |
Property Taxes
Parcel Number
28-04-19-3-000-040.001
Land Assessment
$1,697,978 CAD
Improvements Assessment
$4,672,632 CAD
Total Assessment
$6,370,610 CAD
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7 Brew | 585 Schillinger S rd
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