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Olive Branch Crossing - Olive Branch, MS 5155 Goodman Rd 31,975 SF 94% Leased Retail Building Olive Branch, MS 38654 $11,353,018 CAD ($355.06 CAD/SF) 7.49% Cap Rate

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INVESTMENT HIGHLIGHTS

100% Occupied With Strong National Tenant Mix
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
Desoto County is the Distribution Capital of the US - Located Within 500 Miles of 70% of the Nation's Population

Tenant Mix - Planet Fitness Offers a Strong Guarantee and is the Largest Operator in the System With Over 190 Units
Olive Branch is a Fast-Growing City Within the Memphis Metro Area, Offering Investors Access to a Robust Economic Hub, https://desotocounty.com
Olive Branch Population Grew By 23% From 2020 to 2024, With a Median Household Income of $93,762

EXECUTIVE SUMMARY

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

PROPERTY FACTS

Sale Type

Investment NNN

Property Type

Retail

Property Subtype

Storefront

Building Size

31,975 SF

Building Class

Year Built

2017

Price

$11,353,018 CAD

Price Per SF

$355.06 CAD

Cap Rate

7.49%

NOI

$850,322 CAD

Percent Leased

94%

Tenancy

Multiple

Building Height

1 Story

Building FAR

0.16

Lot Size

4.55 AC

Zoning

C-4

Parking

250 Spaces (7.82 Spaces per 1,000 SF Leased)

Frontage

426’ on Goodman Rd

Signage

MAJOR TENANTS

La Belle Nail Bar
Retailer
2,000 SF
$40.45 CAD
Triple Net
Jan 2030

Mathnasium
Educational Services
1,200 SF
$32.80 CAD
Triple Net
Nov 2026

Orange Theory Fitness
Retailer
3,000 SF
$48.10 CAD
Triple Net
Apr 2027

Piccadilly Holdings
Retailer
1,800 SF
$39.92 CAD
Triple Net
Mar 2029

Planet Fitness
Retailer
22,001 SF
$19.54 CAD
Triple Net
May 2028

Tropical Smoothie Café
Accommodation and Food Services
1,971 SF
$41.88 CAD
Triple Net
Apr 2035

TENANT	INDUSTRY	SF OCCUPIED	RENT/SF	LEASE TYPE	LEASE END
La Belle Nail Bar	Retailer	2,000 SF	$40.45 CAD	Triple Net	Jan 2030
Mathnasium	Educational Services	1,200 SF	$32.80 CAD	Triple Net	Nov 2026
Orange Theory Fitness	Retailer	3,000 SF	$48.10 CAD	Triple Net	Apr 2027
Piccadilly Holdings	Retailer	1,800 SF	$39.92 CAD	Triple Net	Mar 2029
Planet Fitness	Retailer	22,001 SF	$19.54 CAD	Triple Net	May 2028
Tropical Smoothie Café	Accommodation and Food Services	1,971 SF	$41.88 CAD	Triple Net	Apr 2035