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Brand Fit Snapshot

Best for:

Premium Dining & LifestyleSpecialty RetailQuick-Service DiningMixed-Use & Office TrafficLocal Services

Not ideal if:

Large Footprint RetailDiscount RetailHyper-Local Concepts

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Argan Square is a contemporary lifestyle destination located in Salmiya, Kuwait, strategically positioned across from the American University of Kuwait. Developed by Alargan International Real Estate Company, this open-air complex offers a blend of dining, retail, and leisure experiences, catering primarily to a youthful demographic.

The mall features a curated selection of cafes, restaurants, and shops, creating a vibrant atmosphere that attracts both students and local residents. Its design emphasizes community engagement, with spacious outdoor areas and a focus on modern aesthetics. Argan Square aims to provide a dynamic environment that fosters social interactions and serves as a hub for contemporary urban living.

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Hours of Operation

Hours

Checking...
Monday12:30 PM — 11:00 PM
Tuesday12:30 PM — 11:00 PM
Wednesday12:30 PM — 11:00 PM
Thursday12:30 PM — 11:00 PM
Friday12:00 PM — 11:30 PM
Saturday12:00 PM — 11:30 PM
Sunday12:30 PM — 11:00 PM
Holiday Hours

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

Salem Al Mubarak Street 24 Lane, Salmiya, Kuwait

Insights

Strategic Location

Argan Square's proximity to the American University of Kuwait positions it as a prime destination for students and young professionals seeking dining and leisure options within walking distance.

Diverse Tenant Mix

The mall hosts a variety of establishments, including international and local brands such as JOE & THE JUICE, Tim Hortons, and Finger Sushi, offering a range of culinary experiences that appeal to diverse tastes.

Community-Centric Design

With its open-air layout and emphasis on outdoor spaces, Argan Square fosters a sense of community, encouraging social gatherings and events that enhance the overall shopping and dining experience.

Building Details

Property Type
Neighborhood
Gross Leasable Area
6817
Year Built
2017
Parking Spaces
139
Average Monthly Footfall
416,667
Owner
ALARGAN International Real Estate Company

Detailed Market Analytics

Primary Catchment Area
5 km
Secondary Catchment Area
15 km
Catchment area population
300,000 People
Population growth rate
1.5 %
Median age
32 Years
Household size
4.2 People
Education level (tertiary)
45.0 %

Median household income
60,000 USD per year
Unemployment rate
2.5 %
Cost of living index
120 Index

Retail spending per capita
12,000 USD per year
Spending on apparel
2,500 USD per year
Spending on groceries
3,000 USD per year
Spending on electronics
1,500 USD per year

Annual foot traffic
5,000,000 Visitors
Dwell time
90 Minutes
Conversion rate
25.0 %
Sales per square meter
8,000 USD per year

Number of retail stores
93 Stores
Anchor tenant presence
Yes
Competitor density (same category)
10 Stores per category
Tenant diversity
70.0 %
Unique Concepts
15 Stores

Number of Levels
2 Levels
Average rent per square meter
600 USD per year
Vacancy rate
5.0 %
Lease term flexibility
Medium
Available retail space
341 SQUARE METERS
Gross Leasable Area
6,817 Square meters

Proximity to main roads
0.5 km
Public transport access
Yes
Parking spaces
139 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
20 Events per year
Loyalty program penetration
40.0 %
Digital signage presence
Yes

Projected foot traffic growth
3.0 %
New tenant pipeline
10 Stores
Mall expansion plans
No
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Salmiya

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Top retail destinations across Kuwait.

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Salmiya

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