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5155 Goodman Rd Olive Branch, MS 38654

For Sale
$8,665,000

Retail center with strong national tenant mix in Olive Branch.

Property size:
36,193 SF
Lot size:
4.64 Acres

Property Features for 5155 Goodman Rd

General Information

Size
36,193 SF
Lot size
4.64 Acres

Source: Sands Investment Group (SIG) | Austin Agent Ethan Offenbecher

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Fully Occupied Retail Center

This fully occupied retail center is located in Olive Branch, Mississippi, within the Memphis metro area. Situated on 2.76 acres, the property features a gross leasable area of 38,330 square feet. The center benefits from high visibility and accessibility, with a traffic count of 30,000 vehicles per day. The tenant mix includes Planet Fitness, Orange Theory, Mathnasium, and Tropical Smoothie (opening 5/1/25). The location is near Target, TJ Maxx, Ross, Michaels, Home Goods, Ulta, Hobby Lobby, and Academy. Olive Branch is a fast-growing city and offers access to a robust economic hub. Desoto County is the distribution capital of the US, located within 500 miles of 70% of the nation’s population. Olive Branch's population grew by 23% from 2020 to 2024, with a median household income of $93,762. The submarket vacancy is 1.7%. Olive Branch offers easy access to Memphis International Airport (11 miles north) and other major logistic hubs.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Shopping centers

Suggested Use

Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

Zoning and permitted uses should be independently verified with local authorities.

Similar Places Nearby

Coinstar Kiosk | Bitcoin ATM

Location Insight

  • Map
  • Local Demand
City
Olive Branch
County
DeSoto
State
Mississippi
Longitude
-89.895025
Latitude
34.960382

FAQs

What type of property is this?
Shopping center - Retail center with strong national tenant mix in Olive Branch.
Where is this shopping center located?
The property is located at 5155 Goodman Rd Olive Branch, MS.
What is the asking price?
The asking price for this property is $8,665,000.
What are key features of this property?
This property features: - 100% Occupied With Strong National Tenant Mix including Planet Fitness, Orange Theory, and Mathnasium.; - Located in a rapidly growing area: Olive Branch population grew 23% from 2020-2024 with a high median household income of $93,762.; - Prime location on 2.76 acres with 38,330 SF gross leasable area and high visibility with 30k vehicles per day.
More about this property
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