Al Othaim Mall Al Mubarraz Photo Gallery

Primary catchment covers 10 km with 350,000 residents, secondary 25 km; population growth 2.5%, median age 28 years, household size 5.2, 32% tertiary education attainment, median income 72,000 SAR, unemployment 6.8%. Per capita retail spending totals 12,500 SAR, including 2,800 SAR on apparel, 4,200 SAR on groceries, 1,900 SAR on electronics. Cost of living index at 65 supports moderate consumer spending power in this Eastern Province area, driving demand for everyday retail and leisure.

The mall faces high e-commerce competition amid 98% internet penetration and 40% click-and-collect adoption. Local rivals include 8 stores in similar categories, contributing to moderate market saturation in fashion and electronics. As a 2008-built property without expansion, it risks aging infrastructure impacting appeal. Regional Al-Ahsa dynamics show steady growth but competition from nearby centers; strong anchors and entertainment bolster resilience against online shifts and economic fluctuations.

Occupancy at 95% vacancy 5%, with 4,269 sqm available; average rent 2,200 SAR per sqm, sales 15,000 SAR per sqm, 25% conversion rate. Moderate lease flexibility aids negotiations. Accessibility via 1,800 parking spots, public transport, moderate pedestrian traffic. Operations include modern layout, high security, low retail crime, 20 promotional events yearly, cinema, family attractions. 30% loyalty program uptake and digital signage enhance tenant performance, though no recent upgrades noted.