Five Below

Brand New 10-Year Lease – Five Below features a brand new 10-year lease with three 5-year options to renew.
Credit Tenant – The lease is backed by Five Below, Inc. (NASDAQ: FIVE), one of the fastest growing discount retailers in the U.S.
Strong Financial Performance – Generated $3.56 billion in revenue in 2024, a 15.7% increase over 2023.
Expanding Footprint – There are 1,777 stores across 45 states, an 18.1% increase over 2023, with a goal of 3,500 total locations by 2030.
Newly Renovated Property – Five Below is a newly renovated building as of 2024, offering minimal capex exposure and long-term roof warranties to the next investor.
Prime Retail Location – Strategically positioned as an outparcel to a Lowe’s and Staples-anchored retail center at a signalized intersection.
High Visibility – Unobstructed visibility on U.S. Highway 51, where over 28,000 vehicles pass by each day.

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