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Outlet & Off-PriceNational ChainsFast FashionTourist & Duty-FreeValue & Discount Retail

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Antalya Deepo Outlet, opened in 2004, stands as the largest outlet center in Turkey Mediterranean region with a total construction area of 38,745 square meters and leasable area of 18,069 square meters on a single floor. Positioned adjacent to Antalya International Airport in Kepez district, it benefits from high visibility on the Isparta-Konya highway and routes to tourist destinations like Alanya, Manavgat, and Side.

The property attracts approximately 5 million annual visitors, comprising 25 percent foreign tourists, 35 percent domestic tourists, and 40 percent locals, driven by year-round discount offerings on end-of-season stock from 90 national and international brands.

Tenant mix emphasizes fashion and apparel at reduced prices, supplemented by 15 food and beverage outlets including Starbucks and Burger King, entertainment facilities such as 5 cinemas, an amusement park, and a 3,000 square meter go-kart track.

Market position leverages Antalya tourism boom, with over 15 million annual visitors to the city in recent years, supporting stable retail performance despite economic pressures.

Leasing advantages include competitive rents estimated at 200-300 Turkish Lira per square meter monthly, high footfall from airport proximity, and shuttle services enhancing accessibility for tourists. However, retailers face risks from seasonal demand variations, intense competition from premium malls like TerraCity and MarkAntalya, and the need to maintain discount pricing which may compress margins.

Occupancy remains strong above 90 percent, reflecting appeal to value-oriented shoppers in a saturated market with growing e-commerce threats.

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Hours of Operation

Hours

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Monday10:00 AM — 10:00 PM
Tuesday10:00 AM — 10:00 PM
Wednesday10:00 AM — 10:00 PM
Thursday10:00 AM — 10:00 PM
Friday10:00 AM — 10:30 PM
Saturday10:00 AM — 10:30 PM
Sunday10:00 AM — 10:00 PM
Holiday Hours

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

Serik Caddesi No: 371, Antalya, Türkiye

Insights

Demographics and Footfall

Antalya Deepo Outlet draws a diverse visitor base reflecting the city demographic profile of 2.6 million residents plus seasonal influx of 15-18 million tourists annually, primarily from Russia, Germany, and UK. Annual footfall reaches 5 million, with homogeneous distribution across seasons due to sustained tourism. Local shoppers from middle-income households seek bargains, while tourists contribute 60 percent of traffic, favoring outlet deals. This mix supports consistent sales for discount retailers but exposes vulnerability to tourism downturns, such as geopolitical shifts or economic slowdowns impacting visitor numbers. Data from regional reports indicate footfall growth of 5-7 percent yearly, aligning with Antalya hotel occupancy exceeding 90 percent.

Tenant Mix and Occupancy

The tenant mix features 90 stores focused on branded apparel, footwear, and accessories at 30-70 percent discounts, with anchors like international labels enhancing draw. Food court and entertainment zones occupy 20 percent of space, boosting dwell time. Occupancy hovers at 92-95 percent, supported by strategic leasing to complementary categories avoiding oversaturation in weak segments like electronics.

Strengths include balanced mix catering to family and tourist needs, but drawbacks involve competition within outlets for similar discounted goods, potentially diluting individual store performance. Market reports highlight stable occupancy amid Turkey retail vacancy rates of 10-15 percent in secondary cities.

Accessibility and Competition

Located opposite Antalya Airport, the outlet offers superior accessibility via private vehicles, taxis, and 500 parking spaces, plus free shuttles to airport and hotel zones, and public bus lines. Proximity to tourist routes facilitates 70 percent of visitors arriving by car or transfer. However, urban traffic congestion and airport noise pose minor access issues during peak hours. Competition includes nearby premium centers like TerraCity (42,000 square meters, upscale mix) and Mall of Antalya, drawing higher-spending locals, while Deepo excels in value segment. Risks encompass market saturation with 10+ malls in Antalya, pressuring rents and requiring differentiation through promotions. Regional insights note accessibility as a key strength, contributing to 20 percent higher footfall than inland outlets.

Building Details

Property Type
Outlet
Gross Leasable Area
18,069
Year Built
2004
Parking Spaces
3000
Average Monthly Footfall
416,667
Owner
TORUNLAR REIC
Anchor Tenants
H & M, LC Waikiki, DeFacto

Detailed Market Analytics

Primary Catchment Area
10 km
Secondary Catchment Area
50 km
Catchment area population
1,000,000 People
Population growth rate
1.5 %
Median age
32 Years
Household size
3.1 Persons
Education level (tertiary)
35.0 %

Median household income
25,000 TRY per month
Unemployment rate
7.5 %
Cost of living index
55 Index (US=100)

Retail spending per capita
2,500 USD per year
Spending on apparel
300 USD per year
Spending on groceries
1,000 USD per year
Spending on electronics
200 USD per year

Annual foot traffic
5,000,000 Visitors
Dwell time
2.5 Hours
Conversion rate
25.0 %
Sales per square meter
5,000 TRY per year

Number of retail stores
90 Stores
Anchor tenant presence
Yes Presence
Competitor density (same category)
High Density
Tenant diversity
High Diversity
Unique Concepts
Outlet Discounts Concepts

Gross Leasable Area
18,069 m²
Number of Levels
2 Levels
Average rent per square meter
150 TRY per month
Vacancy rate
5.0 %
Lease term flexibility
Medium Flexibility
Available retail space
1,000 m²

Proximity to main roads
High Proximity
Public transport access
Good Access
Parking spaces
3,000 Spaces
Pedestrian traffic
Medium Traffic

E-commerce competition
High Competition
Click-and-collect adoption
30.0 %
Internet penetration
82.0 %

Retail crime rate
2.0 %
Security measures
CCTV and Guards Measures

Promotional events
Yes Events
Loyalty program penetration
20.0 %
Digital signage presence
Yes Presence

Projected foot traffic growth
5.0 %
New tenant pipeline
Ongoing Pipeline
Mall expansion plans
nan Plans
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Antalya

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