Olive Branch Crossing | Olive Branch, MS

Mathnasium, Orange Theory Fitness, Piccadilly Holdings, Planet Fitness, Tropical Smoothie Cafe
5155 Goodman Road - Olive Branch, MS 38654

Sands Investment Group is Pleased to Exclusively Offer For Sale the 36,193 SF Olive Branch Crossing NNN Asset 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.

  • 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, Orange Theory, Mathnasium and Tropical Smoothie (Opens 5/1/25) Among Others
  • 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 Lobby and Academy (Adjacent)
  • Olive Branch is a Fast-Growing City Within the Memphis Metro Area, Offering Investors 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 Population Grew By 23% From 2020 to 2024, With a Median Household Income of $93,762
  • The Submarket Vacancy is 1.7% (Costar)
  • Olive Branch Offers Easy Access to Memphis International Airport (11 Miles North) and Other Major Logistic Hubs
  • Prime Location: Situated on 2.76 Acres With a Gross Leasable Area of 38,330 SF, the Center Benefits From High Visibility and Accessibility to 30k VPD in a Growing Retail Hub

In Cooperation With Sands Investment Group Mississippi, LLC – Lic. #22675 BoR: Andrew Ackerman – Lic. MS #22616

Mathnasium, Orange Theory Fitness, Piccadilly Holdings, Planet Fitness, Tropical Smoothie Cafe
5155 Goodman Road - Olive Branch, MS 38654

PLANET FITNESS

Founded in 1992 in Dover, NH, Planet Fitness is one of the largest and fastest-growing franchisors and operators of fitness clubs in the world by number of members and locations. As of September 30, 2024, Planet Fitness had approximately 19.6 million members and 2,637 clubs in all 50 states, the District of Columbia, Puerto Rico, Canada, Panama, Mexico, Australia and Spain. The Company’s mission is to enhance people’s lives by providing a high-quality fitness experience in a welcoming, non-intimidating environment, which we call the Judgement Free Zone®. More than 90% of Planet Fitness clubs are owned and operated by independent business men and women.

ORANGE THEORY FITNESS

Orangetheory Fitness is a science-backed, technology-tracked group fitness program designed to energize members from the inside out, helping them live longer, more vibrant lives. Workouts combine strength and cardio training to boost metabolism, burn calories, and build muscle. Led by certified coaches, Orangetheory workouts are tailored to all fitness levels, fostering a supportive and inclusive community. With nearly 1,500 studios across 50 U.S. states and 24 countries, Orangetheory is one of the world’s largest and most innovative group fitness brands.

PICCADILLY TO GO

At Piccadilly Food Service, you’ll work closely with a regional or restaurant manager to create customized menus that meet your guests’ specific dining preferences. Our dining programs and catering services have the flexibility to accommodate both casual and upscale needs. We can create a wide variety of fresh-made, well-balanced meals – even serving items not on our traditional menu. Piccadilly Restaurants was founded on the philosophy of serving top-quality food at reasonable prices. At Piccadilly Food Service, our philosophy is the same.

MATHNASIUM

Teach children math so they understand it, master it, and love it. Math can change their lives, and they can change the world. We’re always looking to meet driven, motivated people who are eager to make a difference in children’s lives. Let’s find out if Mathnasium is a good fit for you. For decades the Mathnasium Method™ has transformed the way kids learn math. We build a foundation for math mastery through deep understanding by starting with what they already know, addressing any learning gaps, expanding their mathematical thinking, and adding new concepts in sequence.

Price

$8,665,000

Cap Rate

7.02%

PREMISES

36,193 SF

Lease Expiration

Varies

Lease Type

NNN

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