2922 Watson Boulevard, Centerville, GA 31028

PROPERTY HIGHLIGHTS

• Strategic Location: Positioned in the heart of one of Georgia’s strongest retail corridors, the property benefits from over 60,000 vehicles passing daily and a dense surrounding population of 110,000 residents within a five-mile radius.

• High Occupancy & Stability: Currently 94% leased, Houston County Galleria features a diverse tenant mix of over 60 national and regional retailers, including JCPenney, Crunch Fitness, Belk, Big Air Trampoline Park, Galleria 15 Cinema, Hibbett, Shoe Dept., Rainbow, Journeys, Aeropostale, Finish Line, Bath & Body Works, and Spencer’s, among others.

• Attractive Ownership Structure: The offering includes 100% ownership of the entire mall, providing investors with maximum flexibility for future redevelopment or repositioning.

• Strong Tenant Performance: With low occupancy costs and an average tenant health ratio under 8%, the property presents a stable income stream while allowing room for rent growth.

• Repositioning & Redevelopment Potential: The former Sears anchor box has been successfully re-tenanted with Crunch Fitness and Big Air Trampoline Park, two high-traffic retail operators. This sets the stage for additional creative leasing opportunities that can further enhance the asset’s value.

• Adjacent Multifamily Development: Developers have recently completed construction on a 156-unit luxury multifamily complex located on a formerly underutilized portion of the mall’s parking lot. This development enhances the center’s long-term viability and potential customer base.

MARKET STRENGTH & ECONOMIC DRIVERS

• Houston County Galleria is situated in Warner Robins, a city recognized for its strong economy and high quality of life. Warner Robins has received multiple accolades, including being named “Best Place in Georgia to Raise a Family” by Business Week and ranking #7 on CNN Money’s Best Places to Live in America for small cities.

• A key economic anchor is Robins Air Force Base, a major U.S. Air Force logistics and maintenance hub located just east of the city. As one of Georgia’s largest employers, the base supports over 25,000 military, civil service, and contractor jobs, driving significant economic stability and regional growth. The city is also home to the Museum of Aviation, Georgia’s most-visited tourist attraction outside Atlanta and the second-largest Air Force-sponsored museum in the country.

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 buyer for repositioning/ redevelopment

• Seller can stay and bring in new loan

HISTORY OF SUCCESSFUL ANCHOR REPOSITIONING

• The properties’ 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 & drives additional foot traffic to the center

• This leasing momentum presents upside to an investor and opens opportunity for similar leasing transactions in the future

MULTI-FAMILY DEVELOPMENT

• Directly Adjacent to the Mall is the Abbington at Galleria multifamily complex

• The site is a redevelopment of a portion of the former parking lot

• The property was constructed in 2024 and consists of 156 units and will drive foot traffic to the center

ADJACENT 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