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Brand Fit Snapshot

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National ChainsDaily Essentials & GroceryQuick-Service DiningMid-Market FashionElectronics & Tech

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Ultra-Luxury PositioningSmall Format RetailDiscount Retail

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Al Wadi Plaza is a mid-sized shopping center located in the bustling city of Riyadh. Known for its variety of retail stores, the mall attracts a diverse crowd with a focus on fashion, electronics, and dining. The property features a spacious layout with both local and international brands, making it a prime location for retailers looking to tap into Riyadh's growing middle class. Al Wadi Plaza is well connected to major roads and offers ample parking for shoppers.

The mall also has a reputation for hosting seasonal events, which boosts foot traffic, especially during the weekends. The center’s management places a strong emphasis on maintaining a modern, clean, and welcoming environment. With a solid mix of anchor stores and smaller outlets, it caters to both high-end and budget-conscious consumers.

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Hours of Operation

Hours

Checking...
Monday10:00 AM — 11:00 PM
Tuesday10:00 AM — 11:00 PM
Wednesday10:00 AM — 11:00 PM
Thursday10:00 AM — 11:00 PM
Friday02:00 PM — 11:00 PM
Saturday10:00 AM — 11:00 PM
Sunday10:00 AM — 11:00 PM
Holiday Hours

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

Prince Meshaal Ibn Abd Al Aziz, Riyadh, Saudi Arabia

Insights

Strategic City Location for Retail Growth

Al Wadi Plaza's strategic location in Riyadh, combined with its access to major roads, makes it a prime retail destination for businesses looking to expand their presence in the city.

Well-Curated Mix of Brands

The mall's well-balanced mix of international and local brands ensures broad market appeal, catering to a wide demographic, from upscale shoppers to budget-conscious consumers.

Engaging Events Driving Visitor Traffic

Seasonal events hosted by the mall enhance brand visibility and attract additional foot traffic, making it a valuable location for businesses aiming to increase brand exposure.

Building Details

Property Type
Community
Gross Leasable Area
11,884
Year Built
2015
Parking Spaces
2500
Average Monthly Footfall
666,667
Owner
Unified Real Estate Development
Anchor Tenants
Danube Supermarket, McDonald's

Detailed Market Analytics

Primary Catchment Area
10 Kilometers
Secondary Catchment Area
25 Kilometers
Catchment area population
1,200,000 People
Population growth rate
2.5 %
Median age
30 Years
Household size
5.2 People
Education level (tertiary)
35.0 %

Median household income
72,000 SAR
Unemployment rate
6.8 %
Cost of living index
65 Index

Retail spending per capita
15,000 SAR
Spending on apparel
3,500 SAR
Spending on groceries
4,800 SAR
Spending on electronics
2,200 SAR

Annual foot traffic
8,000,000 Visitors
Dwell time
90 Minutes
Conversion rate
25.0 %
Sales per square meter
12,000 SAR

Number of retail stores
26 Stores
Anchor tenant presence
Yes
Competitor density (same category)
15.0 %
Tenant diversity
40.0 %
Unique Concepts
10 Stores

Number of Levels
1 Levels
Average rent per square meter
2,500 SAR
Vacancy rate
8.0 %
Lease term flexibility
Moderate
Available retail space
951 SQUARE METERS
Gross Leasable Area
11,884 Square meters

Proximity to main roads
1 Kilometers
Public transport access
Yes
Parking spaces
2,500 Spaces
Pedestrian traffic
High

E-commerce competition
Moderate
Click-and-collect adoption
30.0 %
Internet penetration
98.0 %

Retail crime rate
Low
Security measures
High

Promotional events
50 Events
Loyalty program penetration
40.0 %
Digital signage presence
Yes

Projected foot traffic growth
5.0 %
New tenant pipeline
15 Stores
Mall expansion plans
No
City Snapshot
Riyadh

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Top retail destinations across Saudi Arabia.

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Riyadh

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