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National ChainsInternational ChainsFamily EntertainmentPremium Dining & LifestyleSpecialty Retail

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Ultra-Luxury PositioningBudget BrandsSmall Format Retail

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The Arman Project in Mashhad is a modern shopping center known for its large retail space, accommodating a diverse range of shops and services. The mall serves as a significant retail hub in Mashhad, attracting both local shoppers and tourists. Its architecture blends traditional Iranian styles with contemporary elements, creating an inviting atmosphere. The mall offers a mix of national and international brands, a food court, entertainment facilities, and ample parking.

The location provides excellent visibility and foot traffic, but competition with other local shopping centers may affect long-term tenancy rates. The project's management ensures regular events and promotions to maintain customer interest.

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Hours of Operation

Hours

Checking...
Monday09:00 AM — 11:00 PM
Tuesday09:00 AM — 11:00 PM
Wednesday09:00 AM — 11:00 PM
Thursday09:00 AM — 11:00 PM
Friday09:00 AM — 11:00 PM
Saturday09:00 AM — 11:00 PM
Sunday09:00 AM — 11:00 PM
Holiday Hours

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

آرمان, Mashhad, Iran

Insights

Foot Traffic

High levels of foot traffic due to the central location and nearby residential areas. However, the nearby competition from other malls could dilute visitor numbers over time.

Lease Flexibility

Moderate lease terms with room for negotiation. Retailers may face higher rates due to the mall's prime location, but longer-term leases could secure more favorable terms.

Brand Diversity

Diverse retail mix, but a high concentration of traditional retail stores may limit opportunities for retailers with niche products or services looking for a more specialized market.

Building Details

Property Type
Community
Gross Leasable Area
80,000
Year Built
2015
Parking Spaces
445
Average Monthly Footfall
666,667
Anchor Tenants
Mix of Retail Brands and Stores

Detailed Market Analytics

Primary Catchment Area
10 Kilometers
Secondary Catchment Area
25 Kilometers
Catchment area population
2,500,000 People
Population growth rate
1.2 %
Median age
29 Years
Household size
4.1 People
Education level (tertiary)
25.0 %

Median household income
5,000 USD
Unemployment rate
12.0 %
Cost of living index
65 Index

Retail spending per capita
1,200 USD
Spending on apparel
250 USD
Spending on groceries
400 USD
Spending on electronics
150 USD

Annual foot traffic
8,000,000 Visitors
Dwell time
90 Minutes
Conversion rate
30.0 %
Sales per square meter
2,500 USD

Number of retail stores
359 Stores
Anchor tenant presence
Yes
Competitor density (same category)
3 Malls
Tenant diversity
60.0 %
Unique Concepts
10.0 %

Gross Leasable Area
80,000 Square meters
Number of Levels
13 Levels
Average rent per square meter
20 USD
Vacancy rate
8.0 %
Lease term flexibility
Moderate
Available retail space
6,400 Square meters

Proximity to main roads
0.5 Kilometers
Public transport access
Yes
Parking spaces
445 Spaces
Pedestrian traffic
High

E-commerce competition
Moderate
Click-and-collect adoption
15.0 %
Internet penetration
70.0 %

Retail crime rate
Low
Security measures
High

Promotional events
12 Events
Loyalty program penetration
25.0 %
Digital signage presence
Yes

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

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Top retail destinations across Iran.

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City Snapshot
Mashhad

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