Tenant exposure
Five Below in CMBS
The trusts' filings name Five Below among the three largest tenants at properties securing 23 public CMBS loans with $278.6M outstanding. It is the largest tenant at 1 of them. None of those loans is delinquent or with a special servicer.
Every loan
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Redwood Gateway | Petaluma, CA | Retail | $20.4M | 4.62% | May 2027 | 3.39x | 100% | Current |
| Chicopee Marketplace | Chicopee, MA | Retail | $19.8M | 4.627% | Oct 2028 | 2.85x | 75% | Current |
| Promenade at West End Phase II | Lubbock, TX | Retail | $18.8M | 4.726% | Oct 2027 | 1.11x | 82% | Current |
| 949-955 Flatbush Avenue | Brooklyn, NY | Mixed use | $18.0M | 3.55% | Aug 2031 | n/a | n/a | Current |
| Hancock Village - VA | Chesterfield, VA | Retail | $16.9M | 4.925% | Jan 2029 | 2.05x | 99% | Current |
| Raymond Center | Logan, UT | Retail | $16.8M | 6.61% | Mar 2031 | n/a | n/a | Current |
| Terrell Plaza | San Antonio, TX | Retail | $16.6M | 6.95% | Feb 2029 | 1.55x | 96% | Current |
| Plaza at the Border | San Ysidro, CA | Retail | $16.1M | 4.00% | Aug 2029 | n/a | n/a | Current |
| Sierra Center | Baldwin Park, CA | Retail | $16.0M | 4.84% | Sep 2027 | 1.26x | 98% | Current |
| Montclair East | Montclair, CA | Retail | $13.8M | 5.12% | Jul 2028 | 1.21x | 74% | Current |
| Gila Valley Shopping Center | Thatcher, AZ | Retail | $13.6M | 6.50% | Aug 2034 | 1.57x | 90% | Current |
| Gravois Dillon Plaza | High Ridge, MO | Retail | $12.9M | 4.80% | Jan 2028 | 1.22x | 96% | Current |
| Klein Square | Spring, TX | Retail | $11.7M | 7.50% | Feb 2029 | 1.39x | 94% | Current |
| Cortez Commons | Brooksville, FL | Retail | $10.3M | 5.00% | Apr 2027 | 1.73x | 100% | Current |
| Second Street Shops | Waite Park, MN | Retail | $10.2M | 3.78% | Nov 2029 | n/a | n/a | Current |
| Lovejoy Station | Hampton, GA | Retail | $7.3M | 7.51% | Feb 2029 | 1.24x | 98% | Current |
| Twin Oaks Shopping Center, Montgomery | Montgomery, AL | Retail | $7.2M | 5.47% | Mar 2028 | 1.78x | 98% | Current |
| The Marketplace at Janesville | Janesville, WI | Retail | $7.1M | 4.862% | Nov 2028 | 0.92x | 74% | Current |
| Nameoki Commons | Granite City, IL | Retail | $7.1M | 7.547% | Feb 2029 | 1.68x | 74% | Current |
| College Plaza | Edensburg, PA | Retail | $6.6M | 4.139% | Feb 2032 | 2.15x | 63% | Current |
| Whispering Ridge | Omaha, NE | Retail | $5.8M | 3.635% | Feb 2030 | 1.77x | 96% | Current |
| Twin Oaks Shopping Center, Silvis | Silvis, IL | Retail | $3.0M | 3.56% | Aug 2029 | 2.69x | 92% | Current |
| Five Below Oceanside | Oceanside, NY | Retail | $2.5M | 4.39% | Jan 2032 | 5.10x | 100% | Current |
Where Five Below is the largest tenant: lease end dates
| Property | Lease ends | Loan matures | Balance |
|---|---|---|---|
| Five Below Oceanside | Jan 2032 | Jan 2032 | $2.5M |
Red: the lease ends before the loan matures, the rollover a refinancing lender will look at hardest.
Filed names grouped here: FIVE BELOW, INC; FIVE BELOW, INC.; Five Below; Five Below Inc; Five Below Inc. From each trust's ABS-EE filing (largest, second and third largest tenant fields). Pro will alert you when any of these loans changes.