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Ibadan Insightsas of Oct 2026

Population size
4.1 M People
Household size
3.5 People
Median household income
1,200,000 NGN/year
Cost of living index
28 (NY=100)
Retail sales per capita
150 USD
Disposable income
800 USD
Number of competitors
10 chains
Presence of anchor tenants
Yes nan
Foot traffic from nearby businesses
High nan
Rent costs
2,300,000 NGN/year
Property values
5,000,000 NGN/sqm
Zoning laws
Moderate nan
Business permits
30 days
Availability of retail space
Increasing nan
Proximity to major roads
High nan
Public transportation access
Moderate nan
Parking availability
Adequate in malls spaces
Pedestrian traffic
High in markets people/day
Vehicle traffic
Congested nan
Commute times
45 minutes
Entertainment and leisure trends
Increasing nan
Crime statistics
57.9 (0-100)
Shoplifting rates
Moderate incidents/year
Public safety measures
Police presence nan
Tourist spending
50 USD/visit
Tourist footfall
500,000 visitors
Major local events
Annual nan
Seasonal attractions
High nan
Total retail space
500,000 sqm
Retail space per capita
0.12 sqm/person
Sustainable retail demand
High nan
Major upcoming retail projects
MKH Shopping Mall nan
Grocery expenditure trends
Increasing %
Luxury retail performance
Low nan
Number of existing malls
8 malls
Total retail footfall
10,000,000 visits
Retail market gaps
High nan
Trade area population
4,000,000 people
Retail potential in catchment area
High nan
Preferred mall layouts
Moderate nan
Public transport access
Moderate score
Walkability score
50 (0-100)
Road infrastructure & car access
Congested nan
Parking capacity in comparable malls
1,000 spaces/mall
Surrounding land use & future developments
Mixed residential-commercial nan

Retail Destinations in Ibadan

Browse 10 retail destinations in Ibadan, Nigeria. Explore retail leasing opportunities, space availability, and market analytics on Occupi.

Ibadan at a Glance
Brands Wanted ยท 5,400 SF

1โ€“1.5 year lease, below market rent, 2nd-generation, fully operational, cosmetic build-out only โ€” move-in ready

At Market Street โ€“ The Woodlands, TX, USA

More Info