Five Below Is Building in Baxter: What the Glory Road Store Means for Shoppers

Five Below is building a new store in Baxter on Glory Road, next to Hobby Lobby, after the city council approved the project in April 2026. The store will occupy a 1.1-acre site in the south side of the Hobby Lobby parking lot as a single-story addition that mirrors the existing building's exterior. No opening date has been announced yet, but the approvals are in place.

Where Is the New Five Below Going?

The site is 7352 Glory Road, in the retail corridor just off Highway 371 that already anchors much of Baxter's shopping. The store will sit beside Hobby Lobby, close to the restaurants, grocers, and big-box stores that make the area a regional shopping destination. The plan removes roughly 52 parking spaces to make room for the building, and the design matches the existing center's look.

How Did the Plan Get Approved?

It took two votes. The city council denied the original request in March 2026 over joint access and setback issues, then the plan was redesigned to fit the city's setback requirements and approved on April 7, 2026. A later request for a reduced trash-enclosure setback along Glory Road was approved by the council in August 2026. It is a useful example of how new retail in Baxter goes through real scrutiny before it breaks ground.

What Does Five Below Add to Baxter?

Five Below is a value-priced retailer selling toys, tech accessories, home goods, and seasonal items, and it tends to draw family shoppers. For Baxter, it fills a gap in the discount segment and gives the corridor another reason to be a one-stop shopping town. More retail variety means more reasons for lake-area residents and visitors to spend their errands here, which supports the restaurants and services around it.

What It Means for the Corridor and for Buyers

Baxter's commercial side keeps compounding: new restaurants, a drive-thru coffee stand, a tire shop, and now discount retail are all moving through the same pipeline. For buyers, that pace of development is a signal that the city is a growing service hub, which supports resale demand. Our look at Baxter's growth along Highway 371 explains the bigger picture, and our Baxter community guide covers daily life here.

If you want to talk through what Baxter or the surrounding lakes areas could look like for your family, schedule a consultation. Cheers!