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Hypermarket TrafficDaily Essentials & GroceryQuick-Service DiningNational ChainsMixed-Use & Office Traffic

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Ultra-Luxury PositioningLarge Footprint RetailDestination Retail

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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

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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.

In front of Mubarak Academy for Security, along Zakir Hussein, Cairo, Egypt

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

Property Type
Mixed-Use
Gross Leasable Area
15,000
Year Built
2012
Parking Spaces
500
Average Monthly Footfall
83,333
Owner
Private
Anchor Tenants
Hypermarket, Restaurants

Detailed Market Analytics

Primary Catchment Area
5 km
Secondary Catchment Area
20 km
Catchment area population
1,000,000 People
Population growth rate
5.0 %
Median age
30 Years
Household size
3.2 Persons
Education level (tertiary)
40.0 %

Median household income
100,000 EGP per year
Unemployment rate
6.5 %
Cost of living index
35 Index (US=100)

Retail spending per capita
850 USD per year
Spending on apparel
124 USD per capita
Spending on groceries
800 USD per capita
Spending on electronics
100 USD per capita

Annual foot traffic
1,000,000 Visitors
Dwell time
90 Minutes
Conversion rate
20.0 %
Sales per square meter
2,500 USD per year

Number of retail stores
50 Stores
Anchor tenant presence
Yes Presence
Competitor density (same category)
Low Density
Tenant diversity
High Diversity
Unique Concepts
Yes Presence

Gross Leasable Area
15,000 sqm
Number of Levels
5 Levels
Average rent per square meter
500 EGP per month
Vacancy rate
5.0 %
Lease term flexibility
High Flexibility
Available retail space
960 m²

Proximity to main roads
Direct Access
Public transport access
Developing Access
Parking spaces
500 Spaces
Pedestrian traffic
High Traffic

E-commerce competition
High Competition
Click-and-collect adoption
30.0 %
Internet penetration
70.0 %

Retail crime rate
Low Rate
Security measures
Advanced Measures

Promotional events
Multiple per year Events
Loyalty program penetration
20.0 %
Digital signage presence
Yes Presence

Projected foot traffic growth
10.0 %
New tenant pipeline
Strong Pipeline
Mall expansion plans
Planned Plans
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