Vestavia Commons 1031 Old Montgomery Hwy 34,080 SF 100% Leased Retail Building Birmingham, AL 35216 $11,401,000 ($334.54/SF) 7.71% Cap Rate

Chipotle Mexican Grill began in 1993 when founder Steve Ells opened a small Denver burrito shop inspired by San Francisco taquerias. The company grew through a partnership with McDonald's in the late 1990s before becoming independent again in 2006. Chipotle pioneered the fast-casual dining model that combines quick service with fresh, made-to-order Mexican food. The menu focuses on customizable burritos, bowls, tacos and salads built with high-quality ingredients. Chipotle emphasizes transparency through open kitchens and digital ordering options while maintaining a significant international presence.

Jersey Mike's Subs began in 1956 when 17-year-old Peter Cancro bought a local sub shop in New Jersey. The company expanded through franchising starting in 1987 while maintaining its focus on quality ingredients and community involvement. Their signature subs are made to order with fresh-sliced meats and cheeses. After building a strong US presence, Jersey Mike's launched international expansion in 2026 with plans for UK/Ireland locations. The brand remains committed to its original sub-making principles while growing globally.

Founded in 1975, Supercuts operates as a hair salon brand providing haircutting and related personal care services through a mix of franchised and company-supported locations. The brand was established in Albany, California by Geoffrey Rappaport and Frank Emmett and expanded nationally through a standardized, walk-in service model. Supercuts became part of Regis Corporation in 1996 and now functions as one of its core salon brands. Supercuts locations generally focus on consistent haircutting services for men, women, and children, with select salons also offering hair coloring and styling options. The brand emphasizes operational uniformity, standardized training, and centralized brand management while individual salons are independently owned and operated by franchisees. The East Lyme, Connecticut salon at 15 Chesterfield Road operates within this franchise framework and serves the surrounding community from a retail plaza setting. Strategic decisions related to branding, technology platforms, and service standards are managed at the Regis Corporation level, while day-to-day operations are overseen locally by franchise ownership. Supercuts is a privately operated brand within a publicly traded parent company and continues to function as part of Regis Corporation’s portfolio of salon concepts.