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Brand Fit Snapshot

Best for:

Designer BoutiquesInternational ChainsNational ChainsPremium Dining & LifestyleFamily Entertainment

Not ideal if:

Discount RetailBudget BrandsConvenience-Only Format

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Heravi Center Shopping Complex, located in the heart of Tehran, is a bustling retail hub featuring a variety of shops ranging from luxury brands to local boutiques. With its modern architecture and expansive layout, the mall attracts both international and local shoppers. It also boasts a wide selection of dining options and entertainment facilities, making it a popular destination for families and individuals seeking a complete shopping experience.

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Hours of Operation

Hours

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Monday09:00 AM — 11:45 PM
Tuesday09:00 AM — 11:45 PM
Wednesday09:00 AM — 11:45 PM
Thursday09:00 AM — 11:45 PM
Friday09:00 AM — 11:45 PM
Saturday09:00 AM — 11:45 PM
Sunday09:00 AM — 11:45 PM
Holiday Hours

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

Heravi Square, Tehran, Iran

Insights

Prime Location Advantage

Heravi Center's central location in Tehran ensures a high volume of foot traffic, attracting both locals and international visitors, making it a strategic spot for retail businesses looking to maximize exposure.

Diverse Retail Mix

With a diverse mix of international and local brands, Heravi Center Shopping Complex offers retailers access to a wide customer base, catering to various tastes and preferences, which makes it an ideal location for expanding retail operations.

Comprehensive Amenities

The mall offers more than just retail; it includes dining options, entertainment facilities, and ample parking space, making it a one-stop destination for shoppers. This comprehensive range of amenities enhances the shopping experience and ensures longer visits, benefiting retailers with sustained customer engagement.

Building Details

Property Type
Convenience
Gross Leasable Area
30,000
Year Built
2017
Parking Spaces
220
Average Monthly Footfall
250,000
Owner
Shemshal Industrial Group
Anchor Tenants
Sky, Legato, Shootout, Maral Leather

Detailed Market Analytics

Primary Catchment Area
5 Kilometers
Secondary Catchment Area
15 Kilometers
Catchment area population
800,000 People
Population growth rate
1.2 %
Median age
32 Years
Household size
3.5 People
Education level (tertiary)
35.0 %

Median household income
6,000 USD
Unemployment rate
12.0 %
Cost of living index
70 Index

Retail spending per capita
1,200 USD
Spending on apparel
300 USD
Spending on groceries
500 USD
Spending on electronics
200 USD

Annual foot traffic
3,000,000 Visitors
Dwell time
90 Minutes
Conversion rate
25.0 %
Sales per square meter
2,500 USD

Number of retail stores
100 Stores
Anchor tenant presence
Yes
Competitor density (same category)
3 Malls
Tenant diversity
60.0 %
Unique Concepts
10 Stores

Gross Leasable Area
30,000 Square Meters
Number of Levels
11 Levels
Average rent per square meter
25 USD
Vacancy rate
8.0 %
Lease term flexibility
Medium
Available retail space
2,400 Square Meters

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

E-commerce competition
Moderate
Click-and-collect adoption
20.0 %
Internet penetration
85.0 %

Retail crime rate
Low
Security measures
High

Promotional events
15 Events
Loyalty program penetration
30.0 %
Digital signage presence
Yes

Projected foot traffic growth
3.0 %
New tenant pipeline
5 Stores
Mall expansion plans
No
City Snapshot
Tehran

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Top retail destinations across Iran.

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City Snapshot
Tehran

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