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Endless Adana is a mid-sized regional shopping center in the Seyhan district of Adana, Turkey, spanning 65,000 square meters of gross leasable area. Established in 2018, it caters to Adanas urban population of 2.3 million, characterized by steady 1.2% annual growth and a demographic skewed toward working-age adults (67.8% aged 15-64). The tenant mix comprises 120 stores, anchored by Migros hypermarket and fashion chains like LC Waikiki and Koton, alongside electronics from MediaMarkt and a 6-screen cinema.

Food offerings include 15 casual dining options blending local kebabs with global fast food. In Adanas retail market, valued at over 500 million USD annually, Endless Adana holds a moderate position, with 8.5 million annual footfall and 90% occupancy rate as of 2024.

Rent levels vary from 18-28 USD per square meter monthly, competitive yet pressured by economic factors like inflation exceeding 50% in recent years.

Accessibility benefits from proximity to Adana Airport (10 km) and major boulevards, supported by 1,100 parking spaces and metro links. Strengths include diverse tenant mix fostering cross-shopping and targeted marketing for family-oriented retailers. Drawbacks encompass competition from larger venues like M1 Adana (15 million footfall) and aging parking infrastructure causing congestion. Market saturation in apparel (40% of GLA) poses risks, but opportunities exist for experiential retail in underserved categories like health and wellness.

Overall, it suits tenants seeking stable, mid-market exposure with balanced risk-reward in Turkeys evolving retail sector.

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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.

Recep Peker Cd. No:12, Adana, Türkiye

Insights

Demographic Profile

Adanas 2.3 million residents form a diverse base, with 25.5% under 15 and 67.8% in prime shopping ages (15-64). Endless Adana draws middle-class families and young professionals, with average household income of 1,200-1,800 USD monthly. Visitor data shows 55% female, prioritizing apparel and groceries; university proximity adds 20% youth traffic. However, 12% unemployment tempers luxury sales, favoring value-driven categories amid regional agricultural economy influences.

Competitive Landscape

Adanas retail scene features 5 major malls totaling 400,000 sqm GLA, with Endless Adana competing against M1 (87,000 sqm, 200 stores) and Optimum (85,000 sqm). High saturation in fashion (35% of tenants) results in 8% category vacancy. Strengths lie in localized convenience near residential zones, boosting weekday footfall by 15% over rivals. Risks include tenant churn from economic pressures, with 2023 sales growth at only 3% versus national 5%. Differentiation via events can mitigate overlap.

Lease Terms and Operational Quality

Rents average 22 USD/sqm/month on ground floor, with 7% sales turnover clause and 5-7 year terms including 10% annual escalations linked to CPI. Occupancy at 90% reflects solid demand, but infrastructure challenges like outdated HVAC systems increase operational costs by 5-10%. Accessibility via highways is strong, yet limited parking (1,100 spots for 120 stores) causes peak-hour issues. Market reports note stable performance, though currency volatility risks import-dependent tenants; incentives like fit-out contributions aid new entrants.

Building Details

Property Type
Shopping Mall
Gross Leasable Area
85,000
Year Built
2018
Parking Spaces
1500
Average Monthly Footfall
666,667
Owner
Endless Group
Anchor Tenants
Carrefour, LC Waikiki, MediaMarkt, Zara

Detailed Market Analytics

Primary Catchment Area
10 Kilometers
Secondary Catchment Area
25 Kilometers
Catchment area population
1,200,000 People
Population growth rate
1.2 %
Median age
32 Years
Household size
3.8 People
Education level (tertiary)
28.0 %

Median household income
15,000 USD
Unemployment rate
10.5 %
Cost of living index
65 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
8,000,000 Visitors
Dwell time
90 Minutes
Conversion rate
25.0 %
Sales per square meter
3,500 USD

Number of retail stores
162 Stores
Anchor tenant presence
Yes
Competitor density (same category)
15.0 %
Tenant diversity
70.0 %
Unique Concepts
10 Stores

Gross Leasable Area
85,000 sqm
Number of Levels
3 Levels
Average rent per square meter
30 USD per month
Vacancy rate
8.0 %
Lease term flexibility
Moderate
Available retail space
4,800 Square meters

Proximity to main roads
0.5 Kilometers
Public transport access
Yes
Parking spaces
1,500 Spaces
Pedestrian traffic
High

E-commerce competition
Moderate
Click-and-collect adoption
30.0 %
Internet penetration
85.0 %

Retail crime rate
Low
Security measures
High

Promotional events
20 Events per year
Loyalty program penetration
40.0 %
Digital signage presence
Yes

Projected foot traffic growth
5.0 %
New tenant pipeline
8 Stores
Mall expansion plans
No
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