Longview, TX Mall Investment

OFFERING SUMMARY

*Annual Rent Increases

PROPERTY OVERVIEW

PROPERTY HIGHLIGHTS

33,013 SF: ORIGINAL 10-YEAR

LEASES INITIATED IN 2022

5,171 SF: LEASE COMMENCED IN 2022

SPACE FULLY RENOVATED IN 2022

RETAIL TRADE AREA POPULATION

APPROXIMATELY 450,000

Longview Mall has recently undergone extensive renovations, with over $20 million invested in upgrades. Significant improvements include major renovations for anchor tenants Conn's and HomeGoods. Other prominent tenants include Dillard's, JCPenney, Dick's Sporting Goods, and Victoria's Secret, among many others The mall is situated in Longview, Texas, within a thriving retail area that boasts an estimated population of 425,000. This investment opportunity offers a well-established, high-traffic location with a diverse and robust tenant mix.

longview, texas longview, texas

MARKET SUMMARY MARKET SUMMARY

Longview, Texas, the seat of Gregg County, is a key economic hub in Northeast Texas, with a small part extending into Harrison County. As of the 2020 U.S. Census, the city has a population of 81,638. Longview is the principal city of a metropolitan area covering Gregg, Upshur, and Rusk Counties, with an estimated population of 217,481 in 2017. It is strategically located along the U S Interstate 20 and U S Highway 80 corridor, connecting Dallas/Fort Worth to Shreveport/Bossier City, LA.

Located 125 miles from Dallas and 60 miles from Shreveport, Longview is the hub of East Texas outdoor recreation and leisure travel. Known for its fine dining and historic downtown, Longview hosts the renowned Great Texas Balloon Race, attracting top hot air balloon pilots globally. With 25 lakes within 75 miles, the area offers abundant outdoor activities. Longview also features a strong business climate, a skilled labor force, and extensive infrastructure.

13,013 SF

5,171 SF

20,000 SF