Real Estate Analyst
About the job
- A bachelor's or master's degree in Business Administration or a real estate/finance-related concentration is preferred.
- At least 3 years of experience in retail real estate is required.
- At least 1 year of previous experience in market planning, site selection, and deal negotiation is required.
- Experience managing third-party service providers, including local market brokers and outside legal counsel.
- Superior communication, presentation, analytical, and problem-solving skills, with demonstrated ability to understand the audience and customer.
- Strong negotiation and transaction management skills.
- Ability to work in an ambiguous environment, identify and solve problems, and manage change.
- Ability to recall information easily.
- Strong understanding of real estate practices and related legal principles.
- Must be able to travel frequently.
- Must be based in Florida.
- Execute a comprehensive and strategic real estate market plan throughout the entire real estate lifecycle for the assigned territory, with oversight of the Senior Real Estate Manager.
- Collaborate closely with local broker teams, the Manager of Analytics, and the Senior Real Estate Manager to develop, refine, and execute the market plan.
- Collaborate with construction, design, facilities, finance, and asset management to support successful store launch from site identification through opening and throughout the store lifecycle.
- Select sites for new store locations and identify repositioning opportunities for existing stores, with oversight of the Senior Real Estate Manager.
- Manage local real estate broker teams to maintain required standards for executing new store growth plans.
- Conduct field tours of potential and existing locations with key stakeholders.
- Work with legal counsel and the Senior Manager on lease negotiations in the assigned territory.
- Manage a pipeline of letters of intent and lease negotiations simultaneously to achieve near-term and long-term growth targets.
- Prepare detailed letters of intent, site approval packages, and financial reports and analyses, including site submittal packages for monthly Real Estate Committee meetings.
- Present proposed site approval packages at monthly Real Estate Committee meetings in the assigned territory.
- Travel frequently within the assigned territory to understand retail trade areas, traffic and retail patterns, demographic trends, and market shifts, and to plan for targeted future opportunities.
- Communicate frequently with operational partners and participate in periodic presentations and meetings to review strategy and priorities for new stores and potential relocations in assigned territories.
- Develop and maintain relationships with key developers and communicate with and manage expectations of external business partners.
- Attend and represent Five Below at select regional and national ICSC conventions.
- Assist the real estate team with ad hoc projects as assigned, using individual strengths, skills, and relevant experience.
About the company
Five Below is a discount retailer that offers a wide range of trendy products and essentials aimed at pre-teens, teens, and young adults. Its products are priced primarily at $5 or less, with some items priced higher, and are refreshed frequently by sourcing goods globally to keep inventory up to date. Customers can shop in stores or online, with the experience designed to be fun and engaging. The company sells categories such as school supplies, fashion accessories, electronics, toys, games, and home decor. Its emphasis on ethical sourcing and compliance with human rights and labor practices guides supplier choices. Compared to competitors, Five Below emphasizes high-value, fashion-forward items at very low prices with a continuously rotating assortment that appeals to a younger audience. The goal is to provide affordable, on-trend products while delivering an enjoyable shopping experience and driving growth through both in-store and online channels.
Company Size
10,001+
Company Stage
IPO
Headquarters
Philadelphia, Pennsylvania
Founded
2002
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Simplify's Take
What believers are saying
- Second-quarter 2026 comparable sales rose 14.1%, extending five straight quarters of double-digit growth.
- September 2 guidance lifted full-year sales to $5.63-$5.71 billion and comps to 10%-12%.
- The board approved a $600 million buyback on August 29, 2026.
What critics are saying
- Michigan forced a September 18, 2026 settlement over scanner overcharges and shelf-price failures.
- Crocs sued Five Below on September 18, 2026, seeking an injunction and damages.
- Crocs injunction risk can remove viral products and cripple Five Below's copy-led merchandising engine.
What makes Five Below unique
- Five Below's $1-$5 treasure-hunt format keeps teen traffic and impulse purchases distinct.
- On September 2, 2026, management reported 14.1% comparable sales across 2,022 stores.
- September 23, 2026, added Ulta veteran Scott Settersten to audit oversight.
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Benefits
- Health Insurance
- Flexible Work Hours