A Wendy’s franchisee paid $500,000 for the former Chevron convenience store property on almost an acre at 3464 Springhill Avenue in Mobile, according to Kenny Nichols of Vallas Realty, who handled the transaction. The fast-food restaurant will demolish the building and begin construction later this year on a new Wendy’s restaurant. The franchisee plans to eventually relocate from his existing Wendy’s on Dauphin Street in Mobile. The property is just west of Interstate 65.
SEC Property Management paid $242,000 for a 2,400-square-foot office building in Grelot Professional Park at 5920 Grelot Road in Mobile, according to Angie McArthur of Stirling Properties, who represented the seller. Grace Pond of Roberts Brothers Commercial & Property Management worked for the buyer.
The delivery service, goPuff, which specializes in snacks and convenience store items, has leased 5,500 square feet of space at 316 Dauphin St., in downtown Mobile, adjacent to Spot of Tea, according to Josh W. Hall and Niki Coker of NAI Mobile. Founded in Philadelphia five years ago, customers may order snacks and drinks via the goPuff app in more than 150 markets.
Construction has begun on an 1,100 square-foot outdoor restaurant and cafe at 408 West Beach Blvd., in Gulf Shores, across from the beach, according to David Swiger of Swiger & Company Realtors. The building will be available for lease and the property will be managed by Swiger & Company.
Allstate Insurance has leased 1,500 square feet of space in the Malbis Shoppes at 29640 Ala. 181 in Daphne, across from Thomas Hospital Infirmary, according to Amanda Goldman and Steadman Bethea of Stirling Properties. Other tenants in the office building include Papa John’s Pizza and Roberts Brothers Realty.
The Mobile team of Prime Surgical, a distributor of Arthrex medical devices, has leased 556 square feet of space in Montlimar Place at 1110 Montlimar Drive in Mobile, according to Tommy Gleason of NAI Mobile, who represented the landlord. NAI Mobile also manages the property.
Source: Thanks https://www.al.com/business/2020/02/wendys-owner-to-build-new-restaurant.html