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Big C Da Nang is a shopping center located at 255-257 Hung Vuong Street in Da Nang, Vietnam, built in 2001 with a gross leasable area of 15,000 square meters across two levels and owned by Central Retail Corporation. It accommodates 40 retail stores, anchored by the Big C hypermarket, CGV Cinema, and restaurants such as Gogi House and Kichi-Kichi, focusing on essentials, entertainment, and dining. The primary catchment area spans 5 km with a population of 1 million, featuring a median age of 32 years, household size of 3.6 persons, and median household income of 5,500 USD annually.
Annual foot traffic totals 2 million visitors, with a 45-minute dwell time and 70% conversion rate, supported by 800 parking spaces and high public transport access. Occupancy rate is 95%, with 1,000 square meters available for leasing. Average rent stands at 25 USD per square meter per month, with flexible 3-5 year lease terms. In Da Nangs retail market, which maintains stable occupancy of 85-90% as per 2025 reports, the property benefits from a growing urban youth demographic comprising 60% under 40 and average monthly disposable incomes of 18 million VND.
Leasing advantages include steady 5% yearly footfall growth, monthly promotional events, and a loyalty program reaching 30% of customers. Challenges involve high e-commerce penetration at 75% internet usage, competition from three similar properties per 100,000 residents, aging infrastructure requiring potential upgrades, and saturation in grocery and apparel categories, which may impact performance in weak segments.
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Hours of Operation
Hours
| Monday | 08:00 AM — 10:00 PM |
| Tuesday | 08:00 AM — 10:00 PM |
| Wednesday | 08:00 AM — 10:00 PM |
| Thursday | 08:00 AM — 10:00 PM |
| Friday | 08:00 AM — 10:00 PM |
| Saturday | 08:00 AM — 10:00 PM |
| Sunday | 08:00 AM — 10:00 PM |
Hours may vary on public holidays. Check with individual stores for specific holiday schedules.
Insights
Demographics and Footfall
Da Nangs demographics include 60% urban youth under 40 years old, with population growth at 2.5% annually and median household income of 5,500 USD, supporting retail spending of 2,500 USD per capita yearly, broken down as 900 USD on groceries, 68 USD on apparel, and 150 USD on electronics. Big C Da Nangs 5 km primary catchment serves 1 million residents with low unemployment of 2.5%. Annual footfall reaches 2 million visitors, driven by 40% shopping and 35% dining motivations, with medium pedestrian traffic and projected 5% growth. Accessibility is enhanced by direct main road proximity and high public transport, though peak tourist seasons may cause congestion risks.
Tenant Mix and Occupancy
The tenant mix at Big C Da Nang comprises medium diversity with 40 stores, anchored by Big C for groceries, CGV Cinema for entertainment, and F&B outlets like Gogi House and Kichi-Kichi, attracting 35% of visitors for dining. Unique concepts number five, including family-friendly zones. Occupancy is strong at 95%, with a low 5% vacancy rate and 1,000 square meters available, indicating robust demand and ongoing new tenant pipeline. Preferences favor interactive childrens areas, diverse international cuisine, and trendy sustainable fashion for young adults. However, categories like high-end luxury face challenges due to moderate income levels and market focus on essentials.
Rent Levels and Market Risks
Rent averages 25 USD per square meter per month in this secondary Da Nang location, below prime rates of 30-50 USD, with 3-5 year terms offering flexibility. Annual sales per square meter are 7,500 USD, reflecting moderate performance amid stable market occupancy of 85% citywide. Operational quality includes monthly events, digital signage, and CCTV security, with low retail crime at one incident per 1,000 visitors. Risks encompass high e-commerce competition with 75% internet penetration and 60% click-and-collect adoption, aging 2001 infrastructure potentially needing maintenance, and saturation in essentials categories from competitor density of three per 100,000 people, which could pressure footfall in non-anchor spaces.
Building Details
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Da Nang
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City Snapshot
Da Nang
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