NEW

Brand Fit Snapshot

Best for:

Designer BoutiquesDepartment Store AnchorsInternational ChainsNational ChainsPremium Dining & Lifestyle

Not ideal if:

Value PositioningDiscount RetailBudget Brands

Similar properties you might like:

Want to know if your brand fits?
Quick assessment - takes 30 seconds
Check Your Fit

The Armada Shopping and Business Center is a modern mixed-use facility located in the heart of Ankara. It offers a variety of retail spaces alongside office and business facilities. The mall is known for its strategic location, attracting a blend of both local and international brands. The shopping center is designed with a large atrium, several anchor tenants, and a broad selection of dining options.

However, its competition from nearby malls and limited parking space might pose challenges for certain retailers. While it benefits from high foot traffic, the area surrounding the mall can experience congestion, especially during peak hours.

For Advertisers
Advertise at this property?

Reach high-intent shoppers across digital screens, atria, and experiential placements.

Hours of Operation

Hours

Checking...
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 — 10:00 PM
Saturday10:00 AM — 10:00 PM
Sunday10:00 AM — 10:00 PM
Holiday Hours

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

Dumlupınar Blv. No:6, Ankara, Türkiye

Insights

Retail Foot Traffic

The mall generally experiences consistent foot traffic throughout the day, with weekends seeing the highest volume. However, foot traffic can be unpredictable during weekdays depending on the local business activity and events hosted within the mall.

Competition Level

Armada competes with other well-established malls in Ankara, which could make it more challenging for new retailers to establish themselves. It’s crucial to evaluate the mall’s offerings against nearby competitors to ensure a unique selling proposition.

Parking and Accessibility

Parking can be an issue during peak hours, as the mall has a limited parking structure. Retailers should consider how this might impact customer access to their stores, especially if their target demographic includes customers who rely on private transportation.

Building Details

Property Type
Shopping Mall
Gross Leasable Area
60,000
Year Built
2002
Parking Spaces
2000
Average Monthly Footfall
500,000
Owner
Armada İşletmecilik ve Ticaret A.Ş.
Anchor Tenants
Beymen, Vakko, MM Migros, H & M, Marks & Spencer

Detailed Market Analytics

Primary Catchment Area
5 km
Secondary Catchment Area
15 km
Catchment area population
800,000 People
Population growth rate
1.2 %
Median age
32 Years
Household size
3.5 People
Education level (tertiary)
35.0 %

Median household income
36,000 TRY
Unemployment rate
10.5 %
Cost of living index
65 Index

Retail spending per capita
12,000 TRY
Spending on apparel
2,400 TRY
Spending on groceries
4,800 TRY
Spending on electronics
1,800 TRY

Annual foot traffic
6,000,000 Visitors
Dwell time
90 Minutes
Conversion rate
25.0 %
Sales per square meter
15,000 TRY

Number of retail stores
150 Stores
Anchor tenant presence
Yes
Competitor density (same category)
3 Malls
Tenant diversity
70.0 %
Unique Concepts
10.0 %

Number of Levels
5 Levels
Average rent per square meter
300 TRY
Vacancy rate
8.0 %
Lease term flexibility
Moderate
Available retail space
4,800 Square Meters
Gross Leasable Area
60,000 Square meters

Proximity to main roads
0.5 km
Public transport access
Yes
Parking spaces
2,000 Spaces
Pedestrian traffic
High

E-commerce competition
High
Click-and-collect adoption
40.0 %
Internet penetration
85.0 %

Retail crime rate
Low
Security measures
High

Promotional events
20 Events
Loyalty program penetration
30.0 %
Digital signage presence
Yes

Projected foot traffic growth
2.5 %
New tenant pipeline
5 Stores
Mall expansion plans
No
City Snapshot
Ankara

Comprehensive market intelligence for retail expansion in this city

Market DataDemographicsTenant Mix
Get City Snapshot
City Snapshot Report Preview
Sample

Discover more shopping centers in Ankara.

Top retail destinations across Türkiye.

For Advertisers
Advertise at this property?

Reach high-intent shoppers across digital screens, atria, and experiential placements.

City Snapshot
Ankara

Comprehensive market intelligence for retail expansion in this city

Market DataDemographicsTenant Mix
Get City Snapshot
City Snapshot Report Preview
Sample
Brands Wanted · 5,400 SF

1–1.5 year lease, below market rent, 2nd-generation, fully operational, cosmetic build-out only — move-in ready

At Market Street – The Woodlands, TX, USA

More Info