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5155 Goodman Rd
Olive Branch, MS 38654

$8,133,000 USD

Storefront For Sale  •  31,975 SF

Property Details

• Property Type Storefront
• Total Building Size 31,975 SF
• Lot Size 4.55 AC
• Building Class B
• Year Built 2017
• Cap Rate 7.49 %
• Tenancy Multiple
• Zoning C-4

0 Transit Score

48 Walk Score

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

Cap Rate:

7.49 %

Major Tenants

Tenant	SF Occupied	Lease End Date
La Belle Nail Bar	2,000 SF	1/31/2030
Mathnasium	1,200 SF	11/30/2026
Orange Theory Fitness	3,000 SF	4/30/2027
Piccadilly Holdings	1,800 SF	3/31/2029
Planet Fitness	22,001 SF	5/31/2028
Tropical Smoothie Café	1,971 SF	4/30/2035

Amenities

• Signage

Public Transportation

Airport	Drive	Walk	Distance
Memphis International	18 min	-	11.1 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	250
Type:	Surface
Included in Rent:	Yes