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Highlights

  • Located on high-trafficked Goodman Road

Space Availability (3)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Rent Type
  • 1st Floor, Ste Suite 10
  • 1,572-4,642 SF
  • Negotiable
  • Upon Request Upon Request Upon Request Upon Request
  • TBD
5142 Goodman Rd - 1st Floor - Ste Suite 10
Space Use
Retail
Build-Out
Partial Build-Out
Availability
Pending
  • Located in-line with other retail
  • Central Air Conditioning
  • Located on high-trafficked Goodman Road
  • High visibility with excellent traffic counts
  • 1st Floor, Ste Suite 11
  • 3,070-4,642 SF
  • Negotiable
  • Upon Request Upon Request Upon Request Upon Request
  • Negotiable
5142 Goodman Rd - 1st Floor - Ste Suite 11
Space Use
Retail
Build-Out
Partial Build-Out
Availability
Pending
  • Located in-line with other retail
  • Central Air Conditioning
  • High visibility with excellent traffic counts
  • Located on high-trafficked Goodman Road
  • 1st Floor, Ste Suite 22
  • 5,082 SF
  • Negotiable
  • Upon Request Upon Request Upon Request Upon Request
  • TBD
5142 Goodman Rd - 1st Floor - Ste Suite 22
Space Use
Retail
Build-Out
Partial Build-Out
Availability
Now
  • Located in-line with other retail
  • Central Air Conditioning
  • Located on high-trafficked Goodman Road
  • High visibility with excellent traffic counts
Space Size Term Rental Rate Rent Type
1st Floor, Ste Suite 10 1,572-4,642 SF Negotiable Upon Request Upon Request Upon Request Upon Request TBD
1st Floor, Ste Suite 11 3,070-4,642 SF Negotiable Upon Request Upon Request Upon Request Upon Request Negotiable
1st Floor, Ste Suite 22 5,082 SF Negotiable Upon Request Upon Request Upon Request Upon Request TBD

5142 Goodman Rd - 1st Floor - Ste Suite 10

Size
1,572-4,642 SF
Term
Negotiable
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Rent Type
TBD
Space Use
Retail
Build-Out
Partial Build-Out
Availability
Pending

  • Located in-line with other retail
  • Central Air Conditioning
  • Located on high-trafficked Goodman Road
  • High visibility with excellent traffic counts

5142 Goodman Rd - 1st Floor - Ste Suite 11

Size
3,070-4,642 SF
Term
Negotiable
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Rent Type
Negotiable
Space Use
Retail
Build-Out
Partial Build-Out
Availability
Pending

  • Located in-line with other retail
  • Central Air Conditioning
  • High visibility with excellent traffic counts
  • Located on high-trafficked Goodman Road

5142 Goodman Rd - 1st Floor - Ste Suite 22

Size
5,082 SF
Term
Negotiable
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Rent Type
TBD
Space Use
Retail
Build-Out
Partial Build-Out
Availability
Now

  • Located in-line with other retail
  • Central Air Conditioning
  • Located on high-trafficked Goodman Road
  • High visibility with excellent traffic counts

Rent Types


The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.

1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.

2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.

3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.

4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.

5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.

6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.

7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.

Select Tenants at Wedgewood Commons

  • Tenant
  • Description
  • US Locations
  • Reach
  • HomeGoods
  • Retailer
  • -
  • -
  • Michaels
  • Art/Crafts
  • 1,433
  • International
  • Ross Dress For Less
  • Discount Store
  • 2,358
  • International
  • T J Maxx
  • Retailer
  • -
  • -
  • Target
  • Retailer
  • -
  • -
  • ULTA Beauty
  • Health & Beauty Aids
  • 2,022
  • National
Tenant Description US Locations Reach
HomeGoods Retailer - -
Michaels Art/Crafts 1,433 International
Ross Dress For Less Discount Store 2,358 International
T J Maxx Retailer - -
Target Retailer - -
ULTA Beauty Health & Beauty Aids 2,022 National

Property Facts

Total Space Available 14,366 SF
Min. Divisible 1,572 SF
Center Type Community Center
Parking 1275 Spaces
Center Properties 9
Frontage
1,177’ on Goodman Rd
  • 774’ on Pleasant Hill Rd
Gross Leasable Area 315,193 SF
Total Land Area 41.19 AC
Year Built 2008

About the Property

• 331,000+ SF Premier Power Center • Anchored by Target, TJ Maxx, Ross, HomeGoods, Michaels & Ulta • Outstanding visibility with over 40,000 VPD on Goodman Rd - Olive Branch’s main retail corridor • Affluent trade area – Average HH Income over $140K within one mile • Strategic growing Memphis-metro location

  • Pylon Sign
Somewhat walkable
30/100
Exceptionally drivable
90/100
Somewhat bikeable
30/100

Nearby Major Retailers

Starbucks
Chicken Salad Chick
Piccadilly
Eggs Up Grill
Teriyaki Madness
Planet Fitness
Orangetheory Fitness
Pure Barre
Jason's Deli
  • Listing ID: 12499689

  • Date on Market: 6/11/2024

  • Last Updated:

  • Address: 5150 Goodman Rd, Olive Branch, MS 38654

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