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Outlet & Off-PriceNational ChainsInternational ChainsStreetwear & AthleisureMid-Market Fashion

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Ultra-Luxury Positioning

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Deep Blue Mall, situated at Serik Cd. No:309 in Antalya, Turkey, functions as an outlet shopping center with a gross leasable area of 120,000 sqm over 4 levels, established in 2004 under ownership of Torunlar GYO. It hosts 250 stores exhibiting high tenant diversity, with 15% unique concepts and anchors including Nike, Adidas, LC Waikiki, and Boyner, fostering a mix focused on fashion, dining, and home decor.

Annual footfall reaches 12 million visitors, projecting 5% growth, supported by a 7% vacancy rate and 8,400 sqm available space. In Antalya's tourism-influenced market, the mall's outlet positioning targets a 1.2 million catchment population within 20 km, featuring median age 33.5 years and household income of 11,000 USD. Leasing benefits encompass flexible terms and rents averaging 50 USD per sqm monthly, aiding retailer entry amid Turkey's 14 million sqm modern retail expansion.

Accessibility via excellent public transport and 3,000 parking spots enhances appeal, with 75-minute dwell time and 25% conversion rate. Drawbacks include medium competitor density from malls like Mall of Antalya, high e-commerce rivalry with 86.5% internet penetration, and potential seasonal footfall variability tied to tourism, alongside infrastructure aging risks in a 20-year-old property.

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Hours of Operation

Hours

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Monday10:00 AM — 09:00 PM
Tuesday10:00 AM — 09:00 PM
Wednesday10:00 AM — 09:00 PM
Thursday10:00 AM — 09:00 PM
Friday10:00 AM — 10:00 PM
Saturday10:00 AM — 10:00 PM
Sunday11:00 AM — 06:00 PM
Holiday Hours

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

Serik Cd. No:309, Antalya, Türkiye

Insights

Demographic Profile

The catchment area spans 1.2 million residents within 20 km, with 0.7% annual population growth, median age of 33.5 years, household size of 3.2, and 35% tertiary education attainment. Median household income stands at 11,000 USD, driving per capita retail spending of 3,800 USD, including 200 USD on apparel and 1,200 USD on groceries. Unemployment rate of 8.6% and cost of living index of 75 reflect a young, moderately affluent demographic suited for outlet fashion retail. However, economic pressures from inflation may constrain discretionary purchases, impacting performance in non-essential categories.

Competition and Market Risks

Medium competitor density exists in fashion and outlet segments, with rivals like Mall of Antalya and MarkAntalya drawing similar crowds, especially during peak tourist seasons. High e-commerce competition, evidenced by 86.5% internet penetration and 40% click-and-collect usage, challenges physical retail. Antalya's market saturation in apparel and Turkey's broader retail expansion to 14 million sqm modern space heighten risks. Sales per sqm at 5,000 USD indicate steady but pressured metrics, with tourism dependency introducing seasonal volatility and potential footfall dips in off-peak periods.

Accessibility and Operational Factors

Direct access to main roads and excellent public transport support high pedestrian traffic, complemented by 3,000 parking spaces for the 12 million annual visitors. Operational quality features advanced security, low crime rates, 50 yearly promotions, and full digital signage, yielding 75-minute dwell time and 30% loyalty penetration. Nonetheless, the 2004 construction raises concerns over aging infrastructure requiring upkeep costs. Weekend crowding may hinder customer flow, while 7% vacancy signals selective leasing opportunities amid flexible terms, balancing strengths with maintenance and capacity challenges.

Building Details

Property Type
Outlet
Gross Leasable Area
18,069
Year Built
2004
Parking Spaces
3000
Average Monthly Footfall
1,000,000
Owner
Torunlar GYO
Anchor Tenants
Nike, Adidas, LC Waikiki, Boyner

Detailed Market Analytics

Primary Catchment Area
5 km
Secondary Catchment Area
20 km
Catchment area population
1,200,000 People
Population growth rate
0.7 %
Median age
33.5 Years
Household size
3.2 Persons
Education level (tertiary)
35.0 %

Median household income
11,000 USD
Unemployment rate
8.6 %
Cost of living index
75 Index (US=100)

Retail spending per capita
3,800 USD
Spending on apparel
200 USD per capita
Spending on groceries
1,200 USD per capita
Spending on electronics
185 USD per capita

Annual foot traffic
12,000,000 Visitors
Dwell time
75 Minutes
Conversion rate
25.0 %
Sales per square meter
5,000 USD

Number of retail stores
250 Stores
Anchor tenant presence
Yes
Competitor density (same category)
Medium Level
Tenant diversity
High Level
Unique Concepts
15.0 %

Gross Leasable Area
18,069 sqm
Number of Levels
4 Levels
Average rent per square meter
50 USD/month
Vacancy rate
7.0 %
Lease term flexibility
High Level
Available retail space
8,400 sqm

Proximity to main roads
Direct Access
Public transport access
Excellent Level
Parking spaces
3,000 Spaces
Pedestrian traffic
High Level

E-commerce competition
High Level
Click-and-collect adoption
40.0 %
Internet penetration
86.5 %

Retail crime rate
Low Level
Security measures
Advanced Level

Promotional events
50 Per year
Loyalty program penetration
30.0 %
Digital signage presence
Full Coverage

Projected foot traffic growth
5.0 %
New tenant pipeline
20 Tenants
Mall expansion plans
Ongoing Status
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Antalya

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