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National ChainsInternational ChainsDepartment Store AnchorsHome & LifestyleMid-Market Fashion

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Ultra-Luxury PositioningSmall Format RetailBudget Brands

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Citymall, located in Beirut, is a well-established shopping destination catering to both local and international customers. The mall offers a diverse range of retail stores, including fashion, electronics, and home goods. The space is spread across multiple levels, providing a variety of store sizes, including anchor tenants. While the mall benefits from high foot traffic, particularly on weekends and during holiday seasons, it faces challenges with parking availability and occasional congestion in the common areas.

The retail environment is competitive, with several malls in the vicinity offering similar store types, but Citymall's reputation for hosting international brands gives it a unique edge in the local market. However, rent prices have been increasing in recent years, and negotiating favorable terms may require a well-established brand presence. The mall is generally considered a stable location, but retailers should evaluate the foot traffic trends and parking situation to ensure it aligns with their customer base's needs.

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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.

Emile Boustani, Beirut, Lebanon

Insights

Foot Traffic

Foot traffic is consistently high on weekends and holidays, making it a prime location for brands targeting high-volume shoppers. However, the congestion in common areas can deter some shoppers during peak times.

Competitive Market

The retail environment around Citymall is highly competitive, with several similar malls in close proximity. Retailers should assess the uniqueness of their offerings to ensure they stand out.

Parking and Accessibility

Parking can be limited, especially during peak hours, which may impact accessibility for potential customers. Retailers should factor in this inconvenience when considering the space for operations.

Building Details

Property Type
Regional
Gross Leasable Area
80,000
Year Built
2005
Parking Spaces
2000
Average Monthly Footfall
250,000
Owner
City Mall SAL
Anchor Tenants
CITYKART, CENTREPOINT, HOME CENTER, CAREEFOUR, LCWAIKIKI

Detailed Market Analytics

Primary Catchment Area
5 km
Secondary Catchment Area
15 km
Catchment area population
500,000 People
Population growth rate
1.2 %
Median age
32 Years
Household size
4.1 People
Education level (tertiary)
35.0 %

Median household income
12,000 USD
Unemployment rate
15.0 %
Cost of living index
85 Index

Retail spending per capita
2,500 USD
Spending on apparel
600 USD
Spending on groceries
1,200 USD
Spending on electronics
400 USD

Annual foot traffic
3,000,000 Visitors
Dwell time
90 Minutes
Conversion rate
25.0 %
Sales per square meter
4,000 USD

Number of retail stores
200 Stores
Anchor tenant presence
Yes
Competitor density (same category)
3 Stores/km²
Tenant diversity
70.0 %
Unique Concepts
10.0 %

Number of Levels
5 Levels
Average rent per square meter
30 USD
Vacancy rate
10.0 %
Lease term flexibility
Moderate
Available retail space
8,000 Square Meters
Gross Leasable Area
80,000 Square meters

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

E-commerce competition
Moderate
Click-and-collect adoption
20.0 %
Internet penetration
80.0 %

Retail crime rate
Low
Security measures
High

Promotional events
12 Events/year
Loyalty program penetration
30.0 %
Digital signage presence
Yes

Projected foot traffic growth
5.0 %
New tenant pipeline
5 Tenants
Mall expansion plans
No
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