Location Description
Five Below is strategically positioned at the intersection of Division Street (21,575 CPD) and S. Airport Road (23,829 CPD), with excellent visibility and access points from both roads. The property sits as a pad to the Grand Traverse Mall (290,000 SF), which anchors the entire retail corridor. Other surrounding retailers include TJ Maxx, Best Buy, Home Depot, Walmart, Home Depot, PetSmart,...
Five Below is strategically positioned at the intersection of Division Street (21,575 CPD) and S. Airport Road (23,829 CPD), with excellent visibility and access points from both roads. The property sits as a pad to the Grand Traverse Mall (290,000 SF), which anchors the entire retail corridor. Other surrounding retailers include TJ Maxx, Best Buy, Home Depot, Walmart, Home Depot, PetSmart, and more, creating a strong consumer drive to the immediate trade area. Five Below benefits from strong demographics, with 51,251 people, earning an average household income of $74,147 within a 5-mile radius. Traverse City is the county seat of Grand Traverse County, and is the largest city in the 21-county northern Michigan region. The population was 15,678 at the 2020 census, with 153,448 in the four-county Traverse City micropolitan area. Traverse City is also the second-largest city in Michigan north of the Tri-Cities, behind Marquette. It is located 182 miles northwest of the state capital, Lansing.
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