Houston County Galleria

Houston County Galleria

2922 Watson Blvd.
Centerville, GA

Price: $26,650,000
Cap: 12.15%
NOI: $3,238,081
Building Size: 480,808 SF
Lot Size: 50.82 AC

Investment Highlights

FULL OWNERSHIP STRUCTURE
• Houston Galleria provides the opportunity for an investor to have 100% ownership for all pieces to the mall.
• 100% ownership structure will allow flexibility to the buyer for repositioning and redevelopment.

HISTORY OF SUCCESSFUL ANCHOR REPOSITIONING
• The property’s desirable location is highlighted by the recent successful repositioning of one of its major anchors.
• The former Sears box was re-tenanted by Big Air Trampoline Park and Crunch Fitness, two highly desirable uses.
• The backfill of this space diversifies the tenant mix and drives additional foot traffic to the center.
• This leasing momentum presents upside to an investor and opens opportunities for similar leasing transactions in the future.

MULTI-FAMILY DEVELOPMENT ADJACENT
• Directly adjacent to the mall will be the Abbington at Galleria multifamily.
• The site is a redevelopment of a portion of the former parking lot.
• The property was constructed in 2024, consists of 156 units, and will drive foot traffic to the center.

ROBUST RETAIL CORRIDOR
• Located at the heart of a major retail corridor with over 50,000 combined VPD.
• 2.5M SF of retail in a 1-mile radius.
• Surrounding tenants include Walmart, Target, Kroger, Publix, Home Depot, Lowe’s, Hobby Lobby, Best Buy, TJ Maxx, Ross, and more.

Zach Taylor
Eric Abbott
OFFERING MEMORANDUM

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