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National ChainsMid-Market FashionPremium Dining & LifestyleHome & LifestyleSpecialty Retail

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Mall 1, located in Lahore, is a contemporary shopping center offering a mix of local and international brands.

The mall spans over 500,000 square feet, with a strategic location near key transportation hubs and a high foot traffic rate. However, the occupancy rate is only 80%, and there are concerns about competition from nearby shopping complexes that are attracting a significant portion of the local market. Recent customer surveys indicate a preference for open-air spaces, which is an area Mall 1 lacks. The mall is also facing challenges with maintaining a diverse tenant mix, as some categories of stores are underrepresented.

Despite these challenges, Mall 1 continues to draw a steady stream of shoppers, particularly on weekends. Its accessibility, modern amenities, and proximity to major residential areas make it a potentially valuable location for retailers looking to target a middle-income demographic.

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Hours of Operation

Hours

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Monday11:00 AM — 11:30 PM
Tuesday11:00 AM — 11:30 PM
Wednesday11:00 AM — 11:30 PM
Thursday11:00 AM — 11:30 PM
Friday11:00 AM — 11:30 PM
Saturday11:00 AM — 11:30 PM
Sunday11:00 AM — 11:30 PM
Holiday Hours

Hours may vary on public holidays. Check with individual stores for specific holiday schedules.

94-D Main Boulevard Gulberg, Lahore, Pakistan

Insights

Competition and Market Pressure

Mall 1 faces significant competition from nearby shopping centers that offer similar services and experiences. The presence of newer, more modern malls with open-air shopping spaces is a growing concern for Mall 1, which may affect its long-term viability as a retail destination.

Tenant Mix

Mall 1 is struggling with a lack of diversity in its tenant mix, particularly in the food and entertainment sectors. This limits its appeal to a broad customer base, which could affect foot traffic and sales in the long run. Retailers may need to consider how this imbalance could affect their customer reach and brand positioning.

Foot Traffic and Accessibility

While foot traffic is relatively high, with peak hours on weekends, the mall’s layout and indoor environment may not appeal to customers seeking more open, less congested spaces. Retailers should consider how the mall’s indoor environment impacts their customer experience and whether it aligns with their brand image.

Building Details

Property Type
Community
Year Built
2012
Parking Spaces
3000
Average Monthly Footfall
833,333
Owner
Mall 1
Anchor Tenants
Alkaram Studio, The Pantry, Monsoon, Khaadi Khaas, Cosa Nostra

Detailed Market Analytics

Catchment area population
2,000,000 People
Population growth rate
1.5 %
Median age
35 Years
Household size
3.2 People
Education level (tertiary)
40.0 %

Median household income
65,000 USD
Unemployment rate
4.8 %
Cost of living index
120 Index

Retail spending per capita
4,500 USD
Spending on apparel
800 USD
Spending on groceries
1,200 USD
Spending on electronics
600 USD

Annual foot traffic
10,000,000 Visitors
Dwell time
90 Minutes
Conversion rate
25.0 %
Sales per square meter
5,000 USD

Number of retail stores
150 Stores
Anchor tenant presence
Yes
Competitor density (same category)
10 Stores
Tenant diversity
70.0 %

Average rent per square meter
50 USD
Vacancy rate
5.0 %
Lease term flexibility
Moderate
Available retail space
2,000 Square meters

Proximity to main roads
High
Public transport access
Yes
Parking spaces
3,000 Spaces
Pedestrian traffic
High

E-commerce competition
Moderate
Click-and-collect adoption
30.0 %
Internet penetration
85.0 %

Retail crime rate
2 Incidents per 100,000 visitors
Security measures
High

Promotional events
12 Events per year
Loyalty program penetration
40.0 %
Digital signage presence
Yes

Projected foot traffic growth
3.0 %
New tenant pipeline
8 Stores
Mall expansion plans
Yes
City Snapshot
Lahore

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Lahore

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