5155 Goodman Rd - Department Store FOR SALE


Olive Branch, MS 38654
$8,665,000 USD
737-205-2056
5155 Goodman Rd, Olive Branch, MS for Sale
$8,665,000 USD
Department Store - FOR SALE
1/5
null | 7.02% Cap Rate

5155 Goodman Rd
Olive Branch, MS 38654


HIGHLIGHTS

  • 100% Occupied With Strong National Tenant Mix
  • Tenant Mix - Planet Fitness Offers a Strong Guarantee and is the Largest Operator in the System With Over 190 Units
  • Within a Block Are Some of the Strongest Retailers in the Market: Target, TJ Maxx, Ross, Michaels, Home Goods, Ulta (All Across the Street), and Hobby
  • Olive Branch is a Fast-Growing City Within the Memphis Metro Area, Offering Investors Access to a Robust Economic Hub, https://desotocounty.com
  • Desoto County is the Distribution Capital of the US - Located Within 500 Miles of 70% of the Nation's Population
  • Olive Branch Population Grew By 23% From 2020 to 2024, With a Median Household Income of $93,762

OVERVIEW

Sands Investment Group is Pleased to Exclusively Offer For Sale the 36,193 SF Olive Branch Crossing Located at 5155 Goodman Road in Olive Branch, MS. This Center Includes the Top Planet Fitness Franchisee With Orange Theory, Tropical Smoothie Cafe, Mathnasium and Picadilly. Olive Branch is a Fast-Growing City Within the Memphis Metro Area, Offering Investors Access to a Robust Economic Hub, Providing For a Secure Investment. In Cooperation With Sands Investment Group Mississippi, LLC - Lic. #22675 BoR: Andrew Ackerman - Lic. MS #22616

FOR SALE DETAILS

PRICE

$8,665,000 USD

PRICE/SF

$239 USD /SF

CAP RATE

7.02%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Olive Branch Crossing - Olive Branch, MS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Department Store

ADD'L SUBTYPES

Storefront, Storefront Retail/Office, Supermarket

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2000

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

4.55 AC

LAND SF

198,198 SF

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Ethan OffenbecherSands Investment Group Austin, LLCMore Info
737-205-2056

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Ethan OffenbecherSands Investment Group Austin, LLCMore Info
737-205-2056

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.