- For Sale $35,000,000
- Property Type Retail
- Property Size 163,161 SF
- Lot Size 14.12 Acre
- Cap Rate % 6.63
- Parking Spaces Avail. 684
- Parking Ratio 4.19 / 1,000 SF
- Date Updated May 22, 2026
Description
5 MILE SHOPPING CENTER
As one of the region’s most established retail destinations, this grocery anchored, high-barrier to entry asset is comprised of 15 buildings with a total of ±163,161 improvement square feet. Possessing a vibrant mix of 34 tenants, including three ground lease parcels spanning ±82,370 square feet, this property combines long-standing stability with modern enhancements. 5 Mile Shopping Center offers broad appeal to both shoppers and tenants, benefiting from exceptional visibility, strong traffic counts, consistent occupancy, and ample onsite parking. Anchored by Rosauers and complemented by a diverse lineup of national and local retailers, this offering presents investors with a rare opportunity to acquire a high-performing asset featuring substantial frontage, proven income, and enduring market strength.
*For Full Offering Memorandum including rent roll and financial information, click the link on Flyer or Contact Listing Broker(s)*
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Contacts
Kiemle Hagood
Kiemle Hagood
