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Empire Mall, located in Cairo, Egypt, along Zakir Hussein near Mubarak Academy for Security, offers 4,800 m² GLA over 5 levels in a 2012-built mixed-use development. It features 50 diverse stores with anchors including a hypermarket and restaurants, maintaining 5% vacancy and attracting 1M annual visitors (4,166 monthly) with 10% growth projection, 90-min dwell time, and 20% conversion.
Accessibility via main roads is strong, with 500-900 parking spaces, but public transport is developing. Catchment population of 1M within 5-20 km has median age 30, income 100k EGP/year, 5% growth. Rent averages 500 EGP/m²/month with flexible terms. Low competitor density aids market position, offset by high e-commerce (70% penetration). Advantages: tenant diversity, security, events; drawbacks: transport, online rivalry.
Available space: 960 m².
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Hours of Operation
Hours
| Monday | 10:00 AM — 09:00 PM |
| Tuesday | 10:00 AM — 09:00 PM |
| Wednesday | 10:00 AM — 09:00 PM |
| Thursday | 10:00 AM — 09:00 PM |
| Friday | 10:00 AM — 10:00 PM |
| Saturday | 10:00 AM — 10:00 PM |
| Sunday | 11:00 AM — 06:00 PM |
Hours may vary on public holidays. Check with individual stores for specific holiday schedules.
Insights
Demographics and Catchment
The mall's primary catchment area within 5 km and secondary up to 20 km encompasses 1,000,000 residents with a 5% annual population growth rate. Median age is 30 years, household size 3.2, tertiary education 40%, median income 100,000 EGP/year, unemployment 6.5%. Retail spending per capita is 850 USD, focused on groceries (800 USD) and apparel (124 USD). This young, educated demographic supports diverse retail but seeks more trendy fashion and family amenities.
Competition and Market Factors
Competitor density for similar retail is low, enhancing Empire Mall's position, but e-commerce competition is high with 70% internet penetration and 30% click-and-collect adoption. Retail crime is low due to advanced security. Promotional events occur multiple times yearly, with 20% loyalty program penetration. Sales per m² are 2,500 USD/year. Challenges include market saturation in certain categories and need for international dining options.
Lease Terms and Operational Quality
Average rent is 500 EGP per m²/month, with high flexibility in lease terms. Occupancy at 95% reflects strong operational quality, supported by 900 parking spaces and digital signage. Footfall conversion at 20% and dwell time of 90 minutes indicate solid performance. Planned expansion and unique tenant concepts provide leasing opportunities, though aging infrastructure from 2012 build may require attention, and access issues persist with developing public transport.
Building Details
Detailed Market Analytics
City Snapshot
Cairo
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City Snapshot
Cairo
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