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Amazonas Shopping, located at Av. Djalma Batista 482 in the Parque 10 de Novembro neighborhood of Manaus, Amazonas, Brazil, opened on November 7, 1991, as the citys first major shopping center. It spans a gross leasable area (GLA) of 38,383 square meters and features 243 operations, including 5 anchor stores, 4 megastores, 41 food court outlets, 6 restaurants, and 5 cinema screens operated by Kinoplex.
Key anchors include Carrefour (supermarket), Lojas Renner and Riachuelo (fashion), and Centauro (sports). The tenant mix encompasses fashion and accessories (brands like Levi"s, Calvin Klein, Hering, Farm Rio), footwear (Arezzo, Santa Lolla), beauty and health (O Boticario, Granado), electronics (Samsung, iPlace), entertainment (Escape Out, Fun Park Mania), and dining options ranging from fast food (McDonald"s, Burger King, KFC) to the 2020-opened Gourmet Alley with upscale restaurants like Coco Bambu.
Monthly footfall stands at approximately 790,844 visitors, reflecting steady traffic in a city of over 2.2 million residents. Administered by Allos, Brazils largest mall operator with 62 properties, it emphasizes sustainability through zero-waste initiatives and hosts major events like Amazonas Fashion and Beer Festival, enhancing its role as a community hub. In Manauss retail market, dominated by the free trade zone economy, Amazonas holds a mid-tier position among competitors like the larger, newer Manauara Shopping (100,000 m² GLA) and upscale Ponta Negra.
Leasing advantages include established brand visibility, diverse demographic draw from middle-class urban families, and accessible location near major avenues with 1,712 parking spaces. However, challenges include competition from modern rivals, potential infrastructure updates needed post-expansions in 2000 and 2012, and broader market pressures from e-commerce growth, which captured 20% of Brazilian retail sales in 2024 per industry reports.
Occupancy remains robust at around 95%, supported by Manauss 5.4% annual retail market CAGR through 2034, driven by rising disposable incomes and urbanization.
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Hours of Operation
Hours
| Monday | 10:00 AM — 10:00 PM |
| Tuesday | 10:00 AM — 10:00 PM |
| Wednesday | 10:00 AM — 10:00 PM |
| Thursday | 10:00 AM — 10:00 PM |
| Friday | 10:00 AM — 10:00 PM |
| Saturday | 10:00 AM — 10:00 PM |
| Sunday | 02:00 PM — 09:00 PM |
Hours may vary on public holidays. Check with individual stores for specific holiday schedules.
Insights
Demographics and Accessibility
Manaus, with a population exceeding 2.2 million and a median age of 30, features a growing middle class bolstered by the free trade zone, contributing to 78% of Amazonas states GDP. Amazonas Shopping draws from the affluent Parque 10 de Novembro area, attracting urban professionals and families with household incomes averaging BRL 5,000-10,000 monthly. Accessibility is strong via Av. Djalma Batista, a key arterial road, with public bus routes and 1,712 on-site parking spots, including preferential access for motorcycles. Monthly footfall of 790,844 indicates consistent traffic, though lower than newer malls; proximity to residential zones supports convenience retail but faces risks from urban congestion and seasonal flooding in the Amazon region.
Tenant Mix and Occupancy
The diverse tenant mix balances national chains (Renner, Riachuelo) with international brands (Levi"s, Tommy Hilfiger) across fashion (40% of space), food and beverage (25%), and leisure (15%), fostering cross-shopping. Occupancy hovers at 95%, per general Brazilian mall trends from 2024 reports, with low vacancy due to established demand in a market where retail sales grew 5.4% annually. Strengths include event-driven boosts from festivals increasing dwell time, but weaknesses involve saturation in apparel categories amid e-commerce competition from Mercado Livre and Amazon, potentially pressuring smaller satellite stores.
Lease Terms and Market Risks
Minimum rents average BRL 120-180 per square meter monthly in Manauss secondary malls like Amazonas, plus 8-12% turnover fees, offering cost-effective entry compared to premium sites at BRL 250+. Advantages for lessees include Allos management expertise and promotional support via events, aiding ROI in a market with 10% footfall growth post-pandemic. Risks encompass intense competition from Manauara"s 1.5 million monthly visitors and Ponta Negra"s luxury focus, alongside economic volatility in Amazonas (unemployment at 9% in 2024) and infrastructure aging, requiring potential capex for updates; e-commerce penetration, at 20% of retail, heightens saturation in non-essential categories.
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Manaus, AM
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City Snapshot
Manaus, AM
Comprehensive market intelligence for retail expansion in this city
