<turbo-stream action="replace" target="mall-map-wrapper"><template><div data-controller="map" data-lat="4.8155" data-lng="7.0498" data-map-catchment-data-value="{&quot;lat&quot;:&quot;4.8155&quot;,&quot;lng&quot;:&quot;7.0498&quot;,&quot;primary_radius&quot;:5.0,&quot;secondary_radius&quot;:15.0,&quot;population&quot;:800000}" 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 defining 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 from greater Abuja area&quot;},{&quot;label&quot;:&quot;Catchment area population&quot;,&quot;value&quot;:&quot;800,000 People&quot;,&quot;description&quot;:&quot;Estimated total population within primary and secondary catchment, based on Abuja metro growth to over 3 million&quot;},{&quot;label&quot;:&quot;Population growth rate&quot;,&quot;value&quot;:&quot;3.5&quot;,&quot;description&quot;:&quot;Annual growth rate for Abuja urban population, driven by migration and natural increase&quot;},{&quot;label&quot;:&quot;Median age&quot;,&quot;value&quot;:&quot;25 Years&quot;,&quot;description&quot;:&quot;Median age of residents in urban Abuja, higher than national average due to young professionals&quot;},{&quot;label&quot;:&quot;Household size&quot;,&quot;value&quot;:&quot;4.5 Persons&quot;,&quot;description&quot;:&quot;Average household size in Abuja households, slightly lower than national rural average&quot;},{&quot;label&quot;:&quot;Education level (tertiary)&quot;,&quot;value&quot;:&quot;25.0&quot;,&quot;description&quot;:&quot;Percentage of population with tertiary education in Abuja FCT, reflecting urban educated demographic&quot;}],&quot;Economic Indicators&quot;:[{&quot;label&quot;:&quot;Median household income&quot;,&quot;value&quot;:&quot;1,600,000 NGN&quot;,&quot;description&quot;:&quot;Annual median household income in Abuja, adjusted for urban middle-class estimates&quot;},{&quot;label&quot;:&quot;Unemployment rate&quot;,&quot;value&quot;:&quot;15.0&quot;,&quot;description&quot;:&quot;Unemployment rate in Abuja, lower than national 33% due to capital city opportunities&quot;},{&quot;label&quot;:&quot;Cost of living index&quot;,&quot;value&quot;:&quot;120 Index&quot;,&quot;description&quot;:&quot;Cost of living index for Abuja relative to national average of 100, higher due to urban premiums&quot;}],&quot;Consumer Spending&quot;:[{&quot;label&quot;:&quot;Retail spending per capita&quot;,&quot;value&quot;:&quot;150 USD&quot;,&quot;description&quot;:&quot;Annual retail spending per capita in urban Nigeria, focused on formal retail channels&quot;},{&quot;label&quot;:&quot;Spending on apparel&quot;,&quot;value&quot;:&quot;50 USD&quot;,&quot;description&quot;:&quot;Annual per capita spending on apparel in Nigeria, growing with fashion trends&quot;},{&quot;label&quot;:&quot;Spending on groceries&quot;,&quot;value&quot;:&quot;200 USD&quot;,&quot;description&quot;:&quot;Annual per capita spending on groceries, primary driver in mall food retail&quot;},{&quot;label&quot;:&quot;Spending on electronics&quot;,&quot;value&quot;:&quot;75 USD&quot;,&quot;description&quot;:&quot;Annual per capita spending on electronics, boosted by smartphone and gadget demand&quot;}],&quot;Mall Traffic \u0026 Performance&quot;:[{&quot;label&quot;:&quot;Annual foot traffic&quot;,&quot;value&quot;:&quot;2,000,000 Visitors&quot;,&quot;description&quot;:&quot;Estimated annual visitors to Genesis Mall, based on similar Abuja mid-sized malls&quot;},{&quot;label&quot;:&quot;Dwell time&quot;,&quot;value&quot;:&quot;90 Minutes&quot;,&quot;description&quot;:&quot;Average time shoppers spend in the mall, typical for shopping centers&quot;},{&quot;label&quot;:&quot;Conversion rate&quot;,&quot;value&quot;:&quot;25.0&quot;,&quot;description&quot;:&quot;Percentage of visitors making a purchase, standard for Nigerian malls&quot;},{&quot;label&quot;:&quot;Sales per square meter&quot;,&quot;value&quot;:&quot;5,000 NGN/month&quot;,&quot;description&quot;:&quot;Average monthly sales per square meter, estimated from industry benchmarks&quot;}],&quot;Competition \u0026 Tenant Mix&quot;:[{&quot;label&quot;:&quot;Number of retail stores&quot;,&quot;value&quot;:&quot;60 Stores&quot;,&quot;description&quot;:&quot;Total retail outlets in Genesis Mall, including fashion and services&quot;},{&quot;label&quot;:&quot;Anchor tenant presence&quot;,&quot;value&quot;:&quot;Yes Presence&quot;,&quot;description&quot;:&quot;Major anchors like Shoprite present, drawing significant traffic&quot;},{&quot;label&quot;:&quot;Competitor density (same category)&quot;,&quot;value&quot;:&quot;5 Malls&quot;,&quot;description&quot;:&quot;Number of competing malls in Abuja within 10km, high density in Wuse area&quot;},{&quot;label&quot;:&quot;Tenant diversity&quot;,&quot;value&quot;:&quot;Medium Level&quot;,&quot;description&quot;:&quot;Mix of local and international brands, balanced across categories&quot;},{&quot;label&quot;:&quot;Unique Concepts&quot;,&quot;value&quot;:&quot;Yes Presence&quot;,&quot;description&quot;:&quot;Includes unique eateries and entertainment options differentiating from competitors&quot;}],&quot;Real Estate \u0026 Leasing&quot;:[{&quot;label&quot;:&quot;Gross Leasable Area&quot;,&quot;value&quot;:&quot;3,500 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;Multi-level structure typical for Abuja malls&quot;},{&quot;label&quot;:&quot;Average rent per square meter&quot;,&quot;value&quot;:&quot;8,000 NGN/month&quot;,&quot;description&quot;:&quot;Average monthly rent for retail space, competitive in Abuja market&quot;},{&quot;label&quot;:&quot;Vacancy rate&quot;,&quot;value&quot;:&quot;8.0&quot;,&quot;description&quot;:&quot;Current vacancy rate, improved from 2017 levels of around 6-14% in similar malls&quot;},{&quot;label&quot;:&quot;Lease term flexibility&quot;,&quot;value&quot;:&quot;Medium Level&quot;,&quot;description&quot;:&quot;Flexible lease terms offered to attract tenants amid economic challenges&quot;},{&quot;label&quot;:&quot;Available retail space&quot;,&quot;value&quot;:&quot;1,200 sqm&quot;,&quot;description&quot;:&quot;Current available leasable space for new tenants&quot;}],&quot;Accessibility \u0026 Infrastructure&quot;:[{&quot;label&quot;:&quot;Proximity to main roads&quot;,&quot;value&quot;:&quot;Adjacent Distance&quot;,&quot;description&quot;:&quot;Direct access to Ahmadu Bello Way, major Abuja thoroughfare&quot;},{&quot;label&quot;:&quot;Public transport access&quot;,&quot;value&quot;:&quot;Good Access&quot;,&quot;description&quot;:&quot;Well-served by buses and taxis in central Wuse district&quot;},{&quot;label&quot;:&quot;Parking spaces&quot;,&quot;value&quot;:&quot;400 Spaces&quot;,&quot;description&quot;:&quot;Dedicated parking capacity 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 nearby residential and office areas&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;Intense competition from platforms like Jumia, impacting physical retail&quot;},{&quot;label&quot;:&quot;Click-and-collect adoption&quot;,&quot;value&quot;:&quot;20.0&quot;,&quot;description&quot;:&quot;Adoption rate of click-and-collect services in Nigerian malls&quot;},{&quot;label&quot;:&quot;Internet penetration&quot;,&quot;value&quot;:&quot;55.0&quot;,&quot;description&quot;:&quot;Internet penetration in urban Nigeria, enabling digital integration&quot;}],&quot;Safety \u0026 Security&quot;:[{&quot;label&quot;:&quot;Retail crime rate&quot;,&quot;value&quot;:&quot;Low Rate&quot;,&quot;description&quot;:&quot;Low incidence of retail crime in secured mall environment&quot;},{&quot;label&quot;:&quot;Security measures&quot;,&quot;value&quot;:&quot;Comprehensive Measures&quot;,&quot;description&quot;:&quot;Includes CCTV, guards, and access control systems&quot;}],&quot;Marketing \u0026 Events&quot;:[{&quot;label&quot;:&quot;Promotional events&quot;,&quot;value&quot;:&quot;Quarterly Frequency&quot;,&quot;description&quot;:&quot;Regular events like sales and cultural promotions to boost traffic&quot;},{&quot;label&quot;:&quot;Loyalty program penetration&quot;,&quot;value&quot;:&quot;30.0&quot;,&quot;description&quot;:&quot;Participation in loyalty programs among shoppers&quot;},{&quot;label&quot;:&quot;Digital signage presence&quot;,&quot;value&quot;:&quot;Yes Presence&quot;,&quot;description&quot;:&quot;Digital screens for advertising and navigation&quot;}],&quot;Growth Potential&quot;:[{&quot;label&quot;:&quot;Projected foot traffic growth&quot;,&quot;value&quot;:&quot;5.0&quot;,&quot;description&quot;:&quot;Annual projected growth in foot traffic, aligned with retail market expansion&quot;},{&quot;label&quot;:&quot;New tenant pipeline&quot;,&quot;value&quot;:&quot;Yes Pipeline&quot;,&quot;description&quot;:&quot;Ongoing recruitment of new brands to fill spaces&quot;},{&quot;label&quot;:&quot;Mall expansion plans&quot;,&quot;value&quot;:&quot;Planned Plans&quot;,&quot;description&quot;:&quot;Potential for expansion to increase GLA amid Abuja growth&quot;}]}" data-map-mapbox-token-value="pk.eyJ1Ijoib2NjdXBpIiwiYSI6ImNtZXFkdHZwczBtNjIya215OWVpaGtucXoifQ.xiNo8HmyyKim2YrJ3LdqdQ" data-map-nearby-malls-value="{&quot;primary&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;:1.4,&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;:4372,&quot;slug&quot;:&quot;constitution-arcade&quot;,&quot;name&quot;:&quot;Constitution Arcade&quot;,&quot;lat&quot;:&quot;4.815&quot;,&quot;lng&quot;:&quot;7.05&quot;,&quot;property_type&quot;:&quot;Shopping Centre&quot;,&quot;description&quot;:&quot;Constitution Arcade is a mid-sized shopping arcade located in the heart of Port Harcourt, Rivers State, Nigeria, spanning approximately 15,000 square meters of gross leasable area. Opened in the early 2000s, it serves as a local retail hub in the densely populated Diobu district, attracting middle-income residents and workers from nearby oil and gas offices. The tenant mix includes a blend of local and international brands, with anchor tenants such as a medium-sized supermarket, pharmacies, fashion outlets, electronics stores, and quick-service restaurants like local eateries and small cafes. Footfall averages 5,000 visitors daily on weekdays, peaking at 10,000 on weekends, driven by its proximity to residential areas and public transport routes. Occupancy rate stands at 85%, with recent reports indicating stable but not exceptional performance amid economic fluctuations in the region. Rent levels range from NGN 20,000 to NGN 50,000 per square meter annually, competitive for secondary retail spaces but higher than traditional markets. Accessibility is moderate, with good pedestrian access via Constitution Road but limited parking (about 200 spaces) and occasional traffic congestion during peak hours. The demographic profile features a young urban population aged 18-45, with a mix of professionals, students, and families from diverse ethnic backgrounds, contributing to a vibrant but price-sensitive consumer base. Market position is solid within the local neighborhood but challenged by larger malls like Port Harcourt Mall and Garden City Mall, which draw regional shoppers. Leasing advantages include flexible short-term options for pop-up stores and lower entry barriers compared to premium centers, though drawbacks involve aging infrastructure with occasional maintenance issues and exposure to flooding risks during rainy seasons. Overall, it offers practical opportunities for retailers targeting everyday essentials and budget-conscious consumers, supported by Port Harcourts growing retail sector valued at over NGN 500 billion annually per industry reports.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Port Harcourt&quot;},&quot;anchor_tenants&quot;:&quot;Local Supermarket, Fashion Stores&quot;,&quot;distance&quot;:0.06,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;45&quot;,&quot;gla_sqm&quot;:&quot;4000&quot;,&quot;anchor_tenants&quot;:&quot;Local Supermarket, Fashion Stores&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;:0.01,&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;:3.83,&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;:5.85,&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;:5.85,&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;:6.01,&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;:6.02,&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/genesis-mall" id="mall-map-wrapper"><div data-city="Port Harcourt" data-current-mall="true" data-id="genesis-mall" data-lat="4.8155" data-lng="7.0498" data-map-target="mall" data-name="Genesis Mall" 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">800,000 People</div><div class="stat-label">Catchment area population</div></div><div class="stat-card"><div class="stat-value">3.5</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">1,600,000 NGN</div><div class="stat-label">Median household income</div></div><div class="stat-card"><div class="stat-value">15.0</div><div class="stat-label">Unemployment rate</div></div><div class="stat-card"><div class="stat-value">120 Index</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 USD</div><div class="stat-label">Retail spending per capita</div></div><div class="stat-card"><div class="stat-value">50 USD</div><div class="stat-label">Spending on apparel</div></div><div class="stat-card"><div class="stat-value">200 USD</div><div class="stat-label">Spending on groceries</div></div><div class="stat-card"><div class="stat-value">75 USD</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">2,000,000 Visitors</div><div class="stat-label">Annual foot traffic</div></div><div class="stat-card"><div class="stat-value">90 Minutes</div><div class="stat-label">Dwell time</div></div><div class="stat-card"><div class="stat-value">25.0</div><div class="stat-label">Conversion rate</div></div><div class="stat-card"><div class="stat-value">5,000 NGN/month</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">60 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">5 Malls</div><div class="stat-label">Competitor density (same category)</div></div><div class="stat-card"><div class="stat-value">Medium 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">3,500 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">8,000 NGN/month</div><div class="stat-label">Average rent per square meter</div></div><div class="stat-card"><div class="stat-value">8.0</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">Adjacent Distance</div><div class="stat-label">Proximity to main roads</div></div><div class="stat-card"><div class="stat-value">Good Access</div><div class="stat-label">Public transport access</div></div><div class="stat-card"><div class="stat-value">400 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">20.0</div><div class="stat-label">Click-and-collect adoption</div></div><div class="stat-card"><div class="stat-value">55.0</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 Rate</div><div class="stat-label">Retail crime rate</div></div><div class="stat-card"><div class="stat-value">Comprehensive 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">Quarterly Frequency</div><div class="stat-label">Promotional events</div></div><div class="stat-card"><div class="stat-value">30.0</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">5.0</div><div class="stat-label">Projected foot traffic growth</div></div><div class="stat-card"><div class="stat-value">Yes Pipeline</div><div class="stat-label">New tenant pipeline</div></div><div class="stat-card"><div class="stat-value">Planned Plans</div><div class="stat-label">Mall expansion plans</div></div></div></div></div></div></div></template></turbo-stream>