Armitaj Mashhad — Stores, Map & Hours

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Brand Fit Snapshot

Best for:

Hypermarket TrafficElectronics & TechQuick-Service DiningCinema & LeisureLocal Services

Not ideal if:

Ultra-Luxury PositioningBudget BrandsSmall Format Retail

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Armitaj Mashhad is a high-traffic shopping center located in Mashhad, Iran, offering a mix of retail stores, dining options, and entertainment venues.

The mall features modern architectural design and caters to a diverse range of shoppers. However, despite its popularity, it is facing competition from newer malls in the region. While the mall provides a variety of services, including a cinema and food court, there are concerns regarding limited parking spaces and ongoing construction in the surrounding area, which may disrupt traffic flow. The property attracts both local and international brands, but it is important to consider the impact of traffic congestion and the competitive retail environment.

It’s ideal for retailers looking for visibility, but parking and logistics could pose challenges.

Overall, the mall has significant foot traffic but may not be the best choice for retailers prioritizing convenience and accessibility.

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Hours of Operation

Hours

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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 — 11:00 PM
Friday	10:00 AM — 11:00 PM
Saturday	10:00 AM — 10:00 PM
Sunday	10:00 AM — 10:00 PM

Holiday Hours

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

South Janbaz Boulevard, Mashhad, Iran

Insights

Foot Traffic and Retail Mix

The mall attracts consistent foot traffic due to its location and variety of stores, providing good visibility for retailers.

Parking and Logistics

The parking situation is often congested, which may discourage customers and limit easy access for retail operations.

Competitive Environment

Newer shopping centers in the area are offering more modern amenities, which may lead to decreased customer interest in Armitaj over time.

Building Details

Property Type

Regional

Gross Leasable Area

23,000

Year Built

2016

Parking Spaces

500

Average Monthly Footfall

375,000

Anchor Tenants

Hypermarket, Electronics, Kitchen Appliances, Coffee Shop, Bank Mellat

Detailed Market Analytics

Primary Catchment Area

5 km

Secondary Catchment Area

15 km

Catchment area population

1,200,000 People

Population growth rate

1.2 %

Median age

31 Years

Household size

4.1 People

Education level (tertiary)

28.0 %

Median household income

5,500 USD

Unemployment rate

12.5 %

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

4,500,000 Visitors

Dwell time

90 Minutes

Conversion rate

25.0 %

Sales per square meter

2,800 USD

Number of retail stores

300 Stores

Anchor tenant presence

Yes

Competitor density (same category)

8 Stores/km²

Tenant diversity

0.75 Index

Unique Concepts

10.0 %

Number of Levels

5 Floors

Average rent per square meter

25 USD

Vacancy rate

8.0 %

Lease term flexibility

Moderate

Available retail space

1,840 Square Meters

Gross Leasable Area

23,000 Square meters

Proximity to main roads

0.5 km

Public transport access

High

Parking spaces

500 Spaces

Pedestrian traffic

High

E-commerce competition

Moderate

Click-and-collect adoption

20.0 %

Internet penetration

85.0 %

Retail crime rate

1.5 Incidents/1000 visitors

Security measures

High

Promotional events

15 Events/year

Loyalty program penetration

30.0 %

Digital signage presence

Yes

Projected foot traffic growth

3.0 %

New tenant pipeline

10 Stores

Mall expansion plans

City Snapshot

Mashhad

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Market DataDemographicsTenant Mix

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