Fully Occupied Retail
5155 Goodman Rd Olive Branch, MS
5155 Goodman Rd, Olive Branch, MS, 00000
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For Sale
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Retail center with strong national tenant mix in Olive Branch.
Property Size36,193 SF
Lot Size4.64 Acres
Price / SF$239.41
Days on Market497
Property Features for 5155 Goodman Rd
General Information
- Standard status
- Active
- Size
- 36,193 SF
- Lot size
- 4.64 Acres
- Property subtype
- RETAIL
Listing agency
Sands Investment Group (SIG) | Austin
(737) 205-2056
Listed by
Ethan Offenbecher
(737) 205-2056
Source
Moodyscre
Added: Mar 12, 2025 Updated: Jul 6 at 9:16AM Checked: Jul 21 at 6:02AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Sands Investment Group (SIG) | Austin
Investment Insights
Based on property information with market context.
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.
Key Highlights
- 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.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Shopping centers
Similar For Sale Nearby
Similar Off Market Nearby
- Wedgewood Commons — X472+MC, Olive Branch, MS 38654
- The Shops Of Windstone — 4850 Goodman Rd, Olive Branch, MS 38654
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.
