<turbo-stream action="replace" target="mall-map-wrapper"><template><div data-controller="map" data-lat="4.815" data-lng="7.05" data-map-catchment-data-value="{&quot;lat&quot;:&quot;4.815&quot;,&quot;lng&quot;:&quot;7.05&quot;,&quot;primary_radius&quot;:5.0,&quot;secondary_radius&quot;:15.0,&quot;population&quot;:1200000}" data-map-demographic-summary-value="{&quot;Mall Demographics&quot;:[{&quot;label&quot;:&quot;Primary Catchment Area&quot;,&quot;value&quot;:&quot;5 km&quot;,&quot;description&quot;:&quot;Radius of core customer base around the mall in Abuja&quot;},{&quot;label&quot;:&quot;Secondary Catchment Area&quot;,&quot;value&quot;:&quot;15 km&quot;,&quot;description&quot;:&quot;Extended radius for occasional visitors&quot;},{&quot;label&quot;:&quot;Catchment area population&quot;,&quot;value&quot;:&quot;1,200,000 People&quot;,&quot;description&quot;:&quot;Estimated total population within primary and secondary areas, based on Abuja urban demographics&quot;},{&quot;label&quot;:&quot;Population growth rate&quot;,&quot;value&quot;:&quot;3.2&quot;,&quot;description&quot;:&quot;Annual growth rate for Abuja metropolitan area&quot;},{&quot;label&quot;:&quot;Median age&quot;,&quot;value&quot;:&quot;26 Years&quot;,&quot;description&quot;:&quot;Average age of residents in catchment, higher than national average due to urban migration&quot;},{&quot;label&quot;:&quot;Household size&quot;,&quot;value&quot;:&quot;4.2 Persons&quot;,&quot;description&quot;:&quot;Average number of people per household in urban Nigeria&quot;},{&quot;label&quot;:&quot;Education level (tertiary)&quot;,&quot;value&quot;:&quot;35.0&quot;,&quot;description&quot;:&quot;Percentage of population with higher education in Abuja&quot;}],&quot;Economic Indicators&quot;:[{&quot;label&quot;:&quot;Median household income&quot;,&quot;value&quot;:&quot;2,500,000 NGN/Year&quot;,&quot;description&quot;:&quot;Estimated annual income for households in Abuja, adjusted for capital city premiums&quot;},{&quot;label&quot;:&quot;Unemployment rate&quot;,&quot;value&quot;:&quot;18.0&quot;,&quot;description&quot;:&quot;Local unemployment in Abuja, lower than national 33%&quot;},{&quot;label&quot;:&quot;Cost of living index&quot;,&quot;value&quot;:&quot;55 Index (US=100)&quot;,&quot;description&quot;:&quot;Relative cost of living in Abuja compared to global standards&quot;}],&quot;Consumer Spending&quot;:[{&quot;label&quot;:&quot;Retail spending per capita&quot;,&quot;value&quot;:&quot;150,000 NGN/Year&quot;,&quot;description&quot;:&quot;Average annual retail expenditure per person in urban areas&quot;},{&quot;label&quot;:&quot;Spending on apparel&quot;,&quot;value&quot;:&quot;25,000 NGN/Year&quot;,&quot;description&quot;:&quot;Estimated yearly spend on clothing and fashion&quot;},{&quot;label&quot;:&quot;Spending on groceries&quot;,&quot;value&quot;:&quot;60,000 NGN/Year&quot;,&quot;description&quot;:&quot;Annual grocery expenditure per capita&quot;},{&quot;label&quot;:&quot;Spending on electronics&quot;,&quot;value&quot;:&quot;15,000 NGN/Year&quot;,&quot;description&quot;:&quot;Yearly electronics purchase average&quot;}],&quot;Mall Traffic \u0026 Performance&quot;:[{&quot;label&quot;:&quot;Annual foot traffic&quot;,&quot;value&quot;:&quot;800,000 Visitors&quot;,&quot;description&quot;:&quot;Estimated yearly visitors to the mall, based on Abuja retail averages&quot;},{&quot;label&quot;:&quot;Dwell time&quot;,&quot;value&quot;:&quot;45 Minutes&quot;,&quot;description&quot;:&quot;Average time shoppers spend in the mall&quot;},{&quot;label&quot;:&quot;Conversion rate&quot;,&quot;value&quot;:&quot;22.0&quot;,&quot;description&quot;:&quot;Percentage of visitors making a purchase&quot;},{&quot;label&quot;:&quot;Sales per square meter&quot;,&quot;value&quot;:&quot;8,500,000 NGN/Year&quot;,&quot;description&quot;:&quot;Annual sales revenue per square meter of retail space&quot;}],&quot;Competition \u0026 Tenant Mix&quot;:[{&quot;label&quot;:&quot;Number of retail stores&quot;,&quot;value&quot;:&quot;45 Stores&quot;,&quot;description&quot;:&quot;Total retail outlets in the arcade&quot;},{&quot;label&quot;:&quot;Anchor tenant presence&quot;,&quot;value&quot;:&quot;Yes Presence&quot;,&quot;description&quot;:&quot;Features major anchors like supermarkets and banks&quot;},{&quot;label&quot;:&quot;Competitor density (same category)&quot;,&quot;value&quot;:&quot;Medium Level&quot;,&quot;description&quot;:&quot;Moderate number of similar arcades nearby in central Abuja&quot;},{&quot;label&quot;:&quot;Tenant diversity&quot;,&quot;value&quot;:&quot;High Level&quot;,&quot;description&quot;:&quot;Mix of local, international, and service tenants&quot;},{&quot;label&quot;:&quot;Unique Concepts&quot;,&quot;value&quot;:&quot;4 Concepts&quot;,&quot;description&quot;:&quot;Specialty stores or pop-ups offering unique retail experiences&quot;}],&quot;Real Estate \u0026 Leasing&quot;:[{&quot;label&quot;:&quot;Gross Leasable Area&quot;,&quot;value&quot;:&quot;4,000 sqm&quot;,&quot;description&quot;:&quot;Total leasable retail space in the mall&quot;},{&quot;label&quot;:&quot;Number of Levels&quot;,&quot;value&quot;:&quot;2 Levels&quot;,&quot;description&quot;:&quot;Floors dedicated to retail&quot;},{&quot;label&quot;:&quot;Average rent per square meter&quot;,&quot;value&quot;:&quot;45,000 NGN/sqm/Year&quot;,&quot;description&quot;:&quot;Annual rental rate for prime spaces&quot;},{&quot;label&quot;:&quot;Vacancy rate&quot;,&quot;value&quot;:&quot;12.0&quot;,&quot;description&quot;:&quot;Percentage of unoccupied leasable space, aligned with Abuja averages&quot;},{&quot;label&quot;:&quot;Lease term flexibility&quot;,&quot;value&quot;:&quot;Medium Level&quot;,&quot;description&quot;:&quot;Standard 3-5 year leases with some negotiation&quot;},{&quot;label&quot;:&quot;Available retail space&quot;,&quot;value&quot;:&quot;2,000 sqm&quot;,&quot;description&quot;:&quot;Current vacant space available for lease&quot;}],&quot;Accessibility \u0026 Infrastructure&quot;:[{&quot;label&quot;:&quot;Proximity to main roads&quot;,&quot;value&quot;:&quot;0.3 km&quot;,&quot;description&quot;:&quot;Distance to major Abuja roads like Constitution Avenue&quot;},{&quot;label&quot;:&quot;Public transport access&quot;,&quot;value&quot;:&quot;High Level&quot;,&quot;description&quot;:&quot;Well-served by buses and proximity to taxi ranks&quot;},{&quot;label&quot;:&quot;Parking spaces&quot;,&quot;value&quot;:&quot;150 Spaces&quot;,&quot;description&quot;:&quot;Available parking for shoppers&quot;},{&quot;label&quot;:&quot;Pedestrian traffic&quot;,&quot;value&quot;:&quot;High Level&quot;,&quot;description&quot;:&quot;Strong foot traffic from central location&quot;}],&quot;Digital \u0026 E-commerce Trends&quot;:[{&quot;label&quot;:&quot;E-commerce competition&quot;,&quot;value&quot;:&quot;High Level&quot;,&quot;description&quot;:&quot;Strong online retail presence impacting physical sales&quot;},{&quot;label&quot;:&quot;Click-and-collect adoption&quot;,&quot;value&quot;:&quot;25.0&quot;,&quot;description&quot;:&quot;Percentage of sales via click-and-collect services&quot;},{&quot;label&quot;:&quot;Internet penetration&quot;,&quot;value&quot;:&quot;65.0&quot;,&quot;description&quot;:&quot;Percentage of catchment population with internet access&quot;}],&quot;Safety \u0026 Security&quot;:[{&quot;label&quot;:&quot;Retail crime rate&quot;,&quot;value&quot;:&quot;Low Level&quot;,&quot;description&quot;:&quot;Below average theft incidents in secure urban area&quot;},{&quot;label&quot;:&quot;Security measures&quot;,&quot;value&quot;:&quot;CCTV and Guards Measures&quot;,&quot;description&quot;:&quot;Comprehensive surveillance and on-site security personnel&quot;}],&quot;Marketing \u0026 Events&quot;:[{&quot;label&quot;:&quot;Promotional events&quot;,&quot;value&quot;:&quot;12 Events/Year&quot;,&quot;description&quot;:&quot;Annual number of sales and holiday promotions&quot;},{&quot;label&quot;:&quot;Loyalty program penetration&quot;,&quot;value&quot;:&quot;15.0&quot;,&quot;description&quot;:&quot;Adoption rate of mall loyalty schemes&quot;},{&quot;label&quot;:&quot;Digital signage presence&quot;,&quot;value&quot;:&quot;Yes Presence&quot;,&quot;description&quot;:&quot;LED screens for advertisements throughout&quot;}],&quot;Growth Potential&quot;:[{&quot;label&quot;:&quot;Projected foot traffic growth&quot;,&quot;value&quot;:&quot;4.0&quot;,&quot;description&quot;:&quot;Expected annual increase in visitors&quot;},{&quot;label&quot;:&quot;New tenant pipeline&quot;,&quot;value&quot;:&quot;5 Tenants&quot;,&quot;description&quot;:&quot;Upcoming leases for new stores&quot;},{&quot;label&quot;:&quot;Mall expansion plans&quot;,&quot;value&quot;:&quot;Planned Status&quot;,&quot;description&quot;:&quot;Proposed additions to GLA in next 2 years&quot;}]}" data-map-mapbox-token-value="pk.eyJ1Ijoib2NjdXBpIiwiYSI6ImNtZXFkdHZwczBtNjIya215OWVpaGtucXoifQ.xiNo8HmyyKim2YrJ3LdqdQ" data-map-nearby-malls-value="{&quot;primary&quot;:[{&quot;id&quot;:4200,&quot;slug&quot;:&quot;genesis-mall&quot;,&quot;name&quot;:&quot;Genesis Mall&quot;,&quot;lat&quot;:&quot;4.8155&quot;,&quot;lng&quot;:&quot;7.0498&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Genesis Mall, located at 39 Tombia Street in Port Harcourt, Nigeria, is a two-level shopping center with a gross leasable area of 15,000 square meters, built in 2010 and owned by Genesis Group Nigeria Limited. It features 60 retail stores and 400 parking spaces, supporting an annual footfall of 2,000,000 visitors, with an average dwell time of 90 minutes and a conversion rate of 25 percent. The primary catchment area spans 5 kilometers with a population of 800,000, growing at 3.5 percent annually, while the secondary area extends to 15 kilometers. Median household income stands at 1,600,000 NGN, with per capita retail spending at 150 USD, distributed as 50 USD on apparel, 200 USD on groceries, and 75 USD on electronics. The tenant mix includes anchor tenants such as Genesis Cinemas and local retailers, with medium diversity and unique concepts present. Occupancy is at 92 percent, with 1,200 square meters available, and quarterly promotional events enhance engagement alongside digital signage. Average rent is 8,000 NGN per square meter per month, with sales at 5,000 NGN per square meter per month. Market position as a premium retail space benefits from high pedestrian traffic, good public transport access, and comprehensive security with low crime rates. However, challenges include an 8 percent vacancy rate, medium lease term flexibility, and consumer demand for more trendy fashion stores, family-friendly amenities like children&#39;s play areas, and diverse dining options including international and healthier choices. Competition from five nearby malls and high e-commerce penetration at 55 percent internet usage pose risks, compounded by 15 percent unemployment in the catchment area. Projected foot traffic growth of 5 percent and planned expansion indicate potential, but aging infrastructure from 2010 construction may require updates to maintain appeal in a saturated market with evolving hybrid shopping trends via 20 percent click-and-collect adoption.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Port Harcourt&quot;},&quot;anchor_tenants&quot;:&quot;Genesis Cinemas, Local Retailers&quot;,&quot;distance&quot;:0.06,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;60&quot;,&quot;gla_sqm&quot;:&quot;3500&quot;,&quot;anchor_tenants&quot;:&quot;Genesis Cinemas, Local Retailers&quot;}},{&quot;id&quot;:3607,&quot;slug&quot;:&quot;trans-amadi-shopping-centre&quot;,&quot;name&quot;:&quot;Trans Amadi Shopping Centre&quot;,&quot;lat&quot;:&quot;4.8147&quot;,&quot;lng&quot;:&quot;7.0372&quot;,&quot;property_type&quot;:&quot;Shopping Centre&quot;,&quot;description&quot;:&quot;Trans Amadi Shopping Centre is situated at Plot 446/447 Mammy Market Road off Trans Amadi Road in Port Harcourt, Nigeria. Opened in 2025, it spans 15,000 square meters of gross leasable area over two levels with 35 retail stores. Average monthly footfall totals 4,166 visitors, yielding 750,000 annually, with 5% projected growth and 45-minute dwell time. It offers 300 parking spaces, good public transport access, and high pedestrian traffic due to proximity to main roads. Tenant mix features various retail anchors with medium diversity across five concepts; 90% occupancy leaves 1,500 square meters available, supported by 10 prospective tenants. Rent averages 500 USD per square meter yearly, with high lease flexibility. Catchment population of 500,000 within 5 km includes median age 25, household size 4.5, 15% tertiary education, median income 2,500,000 NGN annually, and 5.3% unemployment. Per capita retail spend is 1,200 USD, emphasizing groceries (300 USD), apparel (45 USD), and electronics (75 USD). Sales per square meter hit 1,500 USD at 25% conversion. In Port Harcourt market, it competes with three nearby malls amid high e-commerce (60% internet penetration, 20% click-and-collect sales). Strengths include flexible leasing and planned expansion; drawbacks encompass e-commerce risks, essential goods saturation, and needs for family amenities and diverse dining to boost appeal.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Port Harcourt&quot;},&quot;anchor_tenants&quot;:&quot;Various Retail Shops&quot;,&quot;distance&quot;:1.42,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;35&quot;,&quot;gla_sqm&quot;:&quot;917&quot;,&quot;anchor_tenants&quot;:&quot;Various Retail Shops&quot;}},{&quot;id&quot;:4316,&quot;slug&quot;:&quot;roban-stores-port-harcourt&quot;,&quot;name&quot;:&quot;Roban Stores Port Harcourt&quot;,&quot;lat&quot;:&quot;4.8156&quot;,&quot;lng&quot;:&quot;7.0498&quot;,&quot;property_type&quot;:&quot;Shopping Centre&quot;,&quot;description&quot;:&quot;Roban Stores Port Harcourt functions as a neighborhood retail center anchored by the Roban supermarket, providing essential groceries, household items, and limited specialty retail. Situated in the Trans-Amadi area of Port Harcourt, a commercial hub in Rivers State, Nigeria, it serves the citys diverse population exceeding 2 million, predominantly oil and gas professionals and their families with middle to upper-middle income levels averaging NGN 500,000 monthly household earnings. The property covers about 8,000 square meters of leasable space, with current occupancy at 92%, aligning with Port Harcourt retail markets low average vacancy of 5% as per 2023 real estate reviews. Tenant mix comprises the anchor supermarket occupying 60% of space, followed by 15% food and beverage outlets, 10% apparel and accessories, and 15% services like pharmacies and banks, fostering a balanced everyday shopping environment. Accessibility is strong via the Aba-Port Harcourt Expressway and local roads, though traffic congestion during peak hours impacts efficiency. Leasing advantages include stable footfall of approximately 4,500 daily visitors, supported by the regions economic activity in oil sector contributing 70% to local GDP, and competitive rent levels ranging from NGN 7,000 to 11,000 per square meter annually, below larger malls averages. Market position is solid in the grocery-dominated segment, where southern Nigeria retail sales grew 3.5% year-over-year in 2023, but drawbacks encompass competition from major players like Port Harcourt Mall and Novare Rivoc, which draw 20% more traffic with entertainment anchors. Potential risks involve economic sensitivity to global oil prices, leading to 10-15% fluctuations in consumer spending, and occasional infrastructure challenges such as power outages affecting operational quality. Overall, it offers practical leasing for retailers targeting convenience-oriented consumers amid a saturated but resilient market.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Port Harcourt&quot;},&quot;anchor_tenants&quot;:&quot;Roban Supermarket, Pharmacy, Electronics Section&quot;,&quot;distance&quot;:0.07,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;1&quot;,&quot;gla_sqm&quot;:&quot;4000&quot;,&quot;anchor_tenants&quot;:&quot;Roban Supermarket, Pharmacy, Electronics Section&quot;}},{&quot;id&quot;:4406,&quot;slug&quot;:&quot;rumuokoro-mall&quot;,&quot;name&quot;:&quot;Rumuokoro Mall&quot;,&quot;lat&quot;:&quot;4.835117&quot;,&quot;lng&quot;:&quot;7.021434&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Rumuokoro Mall, situated at the strategic Rumuokoro junction in Port Harcourt, Rivers State, Nigeria, serves as a vital retail hub in one of the citys busiest commercial areas. This location acts as the primary gateway for travelers from Port Harcourt International Airport, Warri, Benin City, Lagos, and other regions, ensuring consistent high visibility and traffic. The property encompasses an open-air market complex with integrated shopping elements, offering approximately 200 stalls and shops spanning foodstuff, clothing, electronics, household goods, and services. Tenant mix comprises local wholesalers, small-scale retailers, supermarkets like Venice Supermarket nearby, eateries, and financial institutions along Ikwerre Road. Footfall is substantial, estimated at 15,000-20,000 daily visitors, bolstered by multiple bus stops and the daily operation of Rumuokoro Market, one of Port Harcourts key trading spots. Occupancy stands at nearly 95%, reflecting strong demand for affordable retail space in this transit-oriented zone. Average rent levels range from N80,000 to N400,000 per annum for standard units, positioning it competitively within the informal retail sector. Accessibility is a strength, with direct connections to five major roads, though pedestrian and vehicular congestion is common. The demographic profile features middle-income urban residents, oil industry workers, students from nearby Federal Government College, and transient commuters, supporting diverse consumer needs. In the broader Port Harcourt market, which reports 82% average occupancy and growing retail sales per Cushman \u0026 Wakefield reports, Rumuokoro Mall holds a niche in budget shopping. Leasing advantages include low barriers to entry, reliable customer turnover, and proximity to residential areas like Eligbolo and Rukpakwulusi. However, challenges encompass competition from modern enclosed malls such as Port Harcourt Mall and Genesis Centre, potential access disruptions from traffic, exposure to weather in open sections, and market saturation in commodity categories amid oil-dependent economic volatility.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Port Harcourt&quot;},&quot;anchor_tenants&quot;:&quot;Supermarket&quot;,&quot;distance&quot;:3.88,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;50&quot;,&quot;gla_sqm&quot;:&quot;10000&quot;,&quot;anchor_tenants&quot;:&quot;Supermarket&quot;}}],&quot;secondary&quot;:[{&quot;id&quot;:3608,&quot;slug&quot;:&quot;garrison-shopping-centre&quot;,&quot;name&quot;:&quot;Garrison Shopping Centre&quot;,&quot;lat&quot;:&quot;4.7774&quot;,&quot;lng&quot;:&quot;7.0134&quot;,&quot;property_type&quot;:&quot;Shopping Centre&quot;,&quot;description&quot;:&quot;Garrison Shopping Centre, situated at 97 Aba Road in Port Harcourt, Nigeria, operates as a two-level retail facility with a gross leasable area of 20,000 square meters and 80 stores. Established in 2010 under Artee Group ownership, it occupies a mid-tier position in the local retail sector, drawing from a primary catchment of 750,000 residents within a 5 km radius, marked by 3.2% yearly population growth, a median age of 28, and median household income of 120,000 NGN monthly. Tenant mix emphasizes diversity, anchored by SPAR and Park N Shop, with 15% unique offerings and 10 prospective tenants, catering to shopping (40% visits), dining (35%), and home decor (25%). Annual visitor traffic reaches 2,500,000, projecting 5% growth and 45-minute dwell times. At 90% occupancy, 2,000 square meters remain available amid 10% vacancy. Accessibility features 500 parking spots and robust public transit links, though pedestrian flow rates medium. Monthly rents average 8,000 NGN per square meter, with 3-5 year lease options. Advantages encompass anchor pull, low crime via CCTV, 12 annual events, and expansion intentions, fostering 1,200 USD sales per square meter yearly and 25% conversion. Drawbacks include elevated e-commerce rivalry (70% internet use, 30% click-and-collect), three competing malls per square kilometer, and calls for enhanced family zones, international cuisine, and sustainable fashion to counter market saturation and 145 cost-of-living index pressures.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Port Harcourt&quot;},&quot;anchor_tenants&quot;:&quot;SPAR, Park N Shop&quot;,&quot;distance&quot;:5.82,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;80&quot;,&quot;gla_sqm&quot;:&quot;3000&quot;,&quot;anchor_tenants&quot;:&quot;SPAR, Park N Shop&quot;}},{&quot;id&quot;:3587,&quot;slug&quot;:&quot;port-harcourt-mall&quot;,&quot;name&quot;:&quot;Port Harcourt Mall&quot;,&quot;lat&quot;:&quot;4.7774&quot;,&quot;lng&quot;:&quot;7.0134&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Port Harcourt Mall, located in the Trans Amadi Industrial Layout of Port Harcourt, Rivers State, Nigeria, spans approximately 16,300 square meters of retail space and opened in 2014 under Artee Group management. It serves as one of the citys premier shopping destinations, anchored by SPAR hypermarket following the 2020 exit of Shoprite from Nigeria. The tenant mix includes over 50 brands across categories such as groceries, fashion (e.g., Temple, So Fresh), electronics (e.g., Slot), dining (e.g., Coldstone Creamery, food courts), entertainment (cinema), and services like pharmacies and banks. The mall benefits from Port Harcourts status as an oil and gas hub, drawing middle to upper-middle-class shoppers, expatriates, and families with an estimated annual footfall exceeding 1 million visitors, supported by its central location and parking for over 500 vehicles. Occupancy stands at around 98% as per 2023 market reports, reflecting strong demand in a market with limited modern retail options. Leasing advantages include flexible spaces from 50 to 1,000 sqm, base rents averaging 15,000-20,000 NGN per sqm per month, and turnover rents tied to sales performance, which can mitigate risks in economic volatility. However, the property faces challenges from fluctuating oil prices impacting local spending power, competition from emerging malls like Genesis Deluxe, and occasional infrastructure issues in the surrounding industrial area. Overall, it holds a solid market position in Nigerias South-South region, with gross leasable area utilization indicating resilience amid national retail vacancy rates averaging 10-15%. Accessibility via major roads like Aba Expressway enhances its appeal, though traffic congestion during peak hours poses drawbacks. The demographic profile features a youthful urban population with median household incomes of 200,000-500,000 NGN monthly, favoring convenience-driven retail. Operational quality is maintained through regular maintenance and security, but aging elements in the 10-year-old structure may require future capex. Retail performance metrics show average sales per sqm of about 5-7 million NGN annually, competitive within regional benchmarks.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Port Harcourt&quot;},&quot;anchor_tenants&quot;:&quot;Spar, Park &#39;n Shop, Filmhouse Cinemas&quot;,&quot;distance&quot;:5.82,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;80&quot;,&quot;gla_sqm&quot;:&quot;16000&quot;,&quot;anchor_tenants&quot;:&quot;Spar, Park &#39;n Shop, Filmhouse Cinemas&quot;}},{&quot;id&quot;:3613,&quot;slug&quot;:&quot;novare-port-harcourt-mall&quot;,&quot;name&quot;:&quot;Novare Port Harcourt Mall&quot;,&quot;lat&quot;:&quot;4.78426&quot;,&quot;lng&quot;:&quot;7.00559&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Novare Port Harcourt Mall at 1 Azikiwe Road, Port Harcourt, Nigeria, spans 20,000 sqm over 2 levels with 60 stores, built in 2014 and owned by Artee Group. Anchors include Spar and Park &#39;n Shop, offering high tenant diversity and unique concepts. Catchment: 1,200,000 people within 5-20 km, median age 20, 2.8% growth, NGN 500,000 median income, 5% unemployment, 15% tertiary education. Footfall: 1.5M annually, 1,000 monthly, 90 min dwell, 25% conversion, USD 800/sqm sales, 5% projected growth. 85% occupancy (15% vacancy), NGN 15,000/sqm/month rent, 3-5 yr flexible leases, 2,000 sqm available space. High road proximity, 800 parking; moderate transit/pedestrian access. Low local competition, high e-com (55% internet, 20% click-collect). Promotions multiple times yearly, 30% loyalty, digital signage. Spending: USD 150/capita (40% groceries, 25% apparel). Advantages: young growing demo, solid footfall, low comp. Drawbacks: e-com threat, moderate crime, amenity gaps in family/dining/fashion. Suits value retail; adapt to online and preferences essential.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Port Harcourt&quot;},&quot;anchor_tenants&quot;:&quot;Spar, Park &#39;n Shop&quot;,&quot;distance&quot;:5.99,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;60&quot;,&quot;gla_sqm&quot;:&quot;16000&quot;,&quot;anchor_tenants&quot;:&quot;Spar, Park &#39;n Shop&quot;}},{&quot;id&quot;:4360,&quot;slug&quot;:&quot;novare-trans-amadi-mall&quot;,&quot;name&quot;:&quot;Novare Trans Amadi Mall&quot;,&quot;lat&quot;:&quot;4.7753&quot;,&quot;lng&quot;:&quot;7.0134&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Novare Trans Amadi Mall, located at 1 Azikiwe Road in the Trans Amadi industrial and commercial district of Port Harcourt, Nigeria, is a two-level shopping center with a gross leasable area of 20,000 square meters, accommodating 60 retail stores and offering 800 parking spaces. Opened in 2014 and developed by Novare, it serves as a key retail hub in Rivers State, drawing from a primary catchment area of 5 km radius with 1.2 million residents and a secondary area extending to 20 km. The tenant mix features anchor stores Spar and Park &#39;n&#39; Shop, alongside diverse categories including fashion, electronics, dining, and home goods, with high tenant diversity and unique concepts. Annual footfall stands at 1.5 million visitors, supported by projected 5% yearly growth, average dwell time of 90 minutes, and sales per square meter of USD 800 annually. Occupancy is at 85%, with 2,000 sqm available, and average rents at NGN 15,000 per sqm per month on 3-5 year leases. The mall benefits from proximity to main roads and low local competition but faces challenges from high e-commerce penetration at 55% internet access and moderate public transport. Market factors include a young demographic (median age 20), household income of NGN 500,000 monthly, and retail spending focused on groceries (40%) and apparel (25%). Operational quality includes CCTV security and promotional events, though vacancy and aging infrastructure in the industrial area pose risks. Leasing advantages include flexible terms and anchor presence driving traffic, while drawbacks encompass economic volatility in Port Harcourt&#39;s oil-dependent economy and competition from informal markets.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Port Harcourt&quot;},&quot;anchor_tenants&quot;:&quot;Spar, Park &#39;n Shop&quot;,&quot;distance&quot;:5.99,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;60&quot;,&quot;gla_sqm&quot;:&quot;20000&quot;,&quot;anchor_tenants&quot;:&quot;Spar, Park &#39;n Shop&quot;}}],&quot;outside&quot;:[]}" data-map-update-url-value="/malls/constitution-arcade" id="mall-map-wrapper"><div data-city="Port Harcourt" data-current-mall="true" data-id="constitution-arcade" data-lat="4.815" data-lng="7.05" data-map-target="mall" data-name="Constitution Arcade" style="display: none;"></div><div data-map-target="map" id="map"></div><div class="demographic-panel collapsed" data-map-target="demographicPanel"><div class="panel-header"><h4><i aria-hidden="true" class="ri-bar-chart-line"></i> Market Demographics</h4><button class="toggle-btn" onclick="this.parentElement.parentElement.classList.toggle(&quot;collapsed&quot;)"><i aria-hidden="true" class="ri-arrow-down-s-line"></i></button></div><div class="panel-content"><div class="stats-category"><h5>Mall Demographics</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">5 km</div><div class="stat-label">Primary Catchment Area</div></div><div class="stat-card"><div class="stat-value">15 km</div><div class="stat-label">Secondary Catchment Area</div></div><div class="stat-card"><div class="stat-value">1,200,000 People</div><div class="stat-label">Catchment area population</div></div><div class="stat-card"><div class="stat-value">3.2</div><div class="stat-label">Population growth rate</div></div></div></div><div class="stats-category"><h5>Economic Indicators</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">2,500,000 NGN/Year</div><div class="stat-label">Median household income</div></div><div class="stat-card"><div class="stat-value">18.0</div><div class="stat-label">Unemployment rate</div></div><div class="stat-card"><div class="stat-value">55 Index (US=100)</div><div class="stat-label">Cost of living index</div></div></div></div><div class="stats-category"><h5>Consumer Spending</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">150,000 NGN/Year</div><div class="stat-label">Retail spending per capita</div></div><div class="stat-card"><div class="stat-value">25,000 NGN/Year</div><div class="stat-label">Spending on apparel</div></div><div class="stat-card"><div class="stat-value">60,000 NGN/Year</div><div class="stat-label">Spending on groceries</div></div><div class="stat-card"><div class="stat-value">15,000 NGN/Year</div><div class="stat-label">Spending on electronics</div></div></div></div><div class="stats-category"><h5>Mall Traffic &amp; Performance</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">800,000 Visitors</div><div class="stat-label">Annual foot traffic</div></div><div class="stat-card"><div class="stat-value">45 Minutes</div><div class="stat-label">Dwell time</div></div><div class="stat-card"><div class="stat-value">22.0</div><div class="stat-label">Conversion rate</div></div><div class="stat-card"><div class="stat-value">8,500,000 NGN/Year</div><div class="stat-label">Sales per square meter</div></div></div></div><div class="stats-category"><h5>Competition &amp; Tenant Mix</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">45 Stores</div><div class="stat-label">Number of retail stores</div></div><div class="stat-card"><div class="stat-value">Yes Presence</div><div class="stat-label">Anchor tenant presence</div></div><div class="stat-card"><div class="stat-value">Medium Level</div><div class="stat-label">Competitor density (same category)</div></div><div class="stat-card"><div class="stat-value">High Level</div><div class="stat-label">Tenant diversity</div></div></div></div><div class="stats-category"><h5>Real Estate &amp; Leasing</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">4,000 sqm</div><div class="stat-label">Gross Leasable Area</div></div><div class="stat-card"><div class="stat-value">2 Levels</div><div class="stat-label">Number of Levels</div></div><div class="stat-card"><div class="stat-value">45,000 NGN/sqm/Year</div><div class="stat-label">Average rent per square meter</div></div><div class="stat-card"><div class="stat-value">12.0</div><div class="stat-label">Vacancy rate</div></div></div></div><div class="stats-category"><h5>Accessibility &amp; Infrastructure</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">0.3 km</div><div class="stat-label">Proximity to main roads</div></div><div class="stat-card"><div class="stat-value">High Level</div><div class="stat-label">Public transport access</div></div><div class="stat-card"><div class="stat-value">150 Spaces</div><div class="stat-label">Parking spaces</div></div><div class="stat-card"><div class="stat-value">High Level</div><div class="stat-label">Pedestrian traffic</div></div></div></div><div class="stats-category"><h5>Digital &amp; E-commerce Trends</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">High Level</div><div class="stat-label">E-commerce competition</div></div><div class="stat-card"><div class="stat-value">25.0</div><div class="stat-label">Click-and-collect adoption</div></div><div class="stat-card"><div class="stat-value">65.0</div><div class="stat-label">Internet penetration</div></div></div></div><div class="stats-category"><h5>Safety &amp; Security</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">Low Level</div><div class="stat-label">Retail crime rate</div></div><div class="stat-card"><div class="stat-value">CCTV and Guards Measures</div><div class="stat-label">Security measures</div></div></div></div><div class="stats-category"><h5>Marketing &amp; Events</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">12 Events/Year</div><div class="stat-label">Promotional events</div></div><div class="stat-card"><div class="stat-value">15.0</div><div class="stat-label">Loyalty program penetration</div></div><div class="stat-card"><div class="stat-value">Yes Presence</div><div class="stat-label">Digital signage presence</div></div></div></div><div class="stats-category"><h5>Growth Potential</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">4.0</div><div class="stat-label">Projected foot traffic growth</div></div><div class="stat-card"><div class="stat-value">5 Tenants</div><div class="stat-label">New tenant pipeline</div></div><div class="stat-card"><div class="stat-value">Planned Status</div><div class="stat-label">Mall expansion plans</div></div></div></div></div></div></div></template></turbo-stream>