<turbo-stream action="replace" target="mall-map-wrapper"><template><div data-controller="map" data-lat="37.4751578" data-lng="126.6312666" data-map-catchment-data-value="{&quot;lat&quot;:&quot;37.4751578&quot;,&quot;lng&quot;:&quot;126.6312666&quot;,&quot;primary_radius&quot;:5.0,&quot;secondary_radius&quot;:15.0,&quot;population&quot;:1200000}" data-map-demographic-summary-value="{&quot;Mall Demographics&quot;:[{&quot;label&quot;:&quot;Primary Catchment Area&quot;,&quot;value&quot;:&quot;10 km radius&quot;,&quot;description&quot;:&quot;Estimated primary trade area within 10 km of the mall in Cheongna, Incheon&quot;},{&quot;label&quot;:&quot;Secondary Catchment Area&quot;,&quot;value&quot;:&quot;30 km radius&quot;,&quot;description&quot;:&quot;Estimated secondary trade area extending to 30 km, including parts of Seoul&quot;},{&quot;label&quot;:&quot;Catchment area population&quot;,&quot;value&quot;:&quot;1,200,000 People&quot;,&quot;description&quot;:&quot;Estimated total population in primary and secondary catchment, based on Incheon metro area density&quot;},{&quot;label&quot;:&quot;Population growth rate&quot;,&quot;value&quot;:&quot;0.4&quot;,&quot;description&quot;:&quot;Annual population growth rate for Incheon metropolitan area from recent statistics&quot;},{&quot;label&quot;:&quot;Median age&quot;,&quot;value&quot;:&quot;44 Years&quot;,&quot;description&quot;:&quot;Median age of population in Incheon, aligned with national South Korea trends&quot;},{&quot;label&quot;:&quot;Household size&quot;,&quot;value&quot;:&quot;2.3 Persons&quot;,&quot;description&quot;:&quot;Average household size in Incheon households&quot;},{&quot;label&quot;:&quot;Education level (tertiary)&quot;,&quot;value&quot;:&quot;70.0&quot;,&quot;description&quot;:&quot;Percentage of adults with tertiary education in Incheon, reflecting high education levels in South Korea&quot;}],&quot;Economic Indicators&quot;:[{&quot;label&quot;:&quot;Median household income&quot;,&quot;value&quot;:&quot;45,000,000 KRW per year&quot;,&quot;description&quot;:&quot;Estimated median annual household income in Incheon catchment area&quot;},{&quot;label&quot;:&quot;Unemployment rate&quot;,&quot;value&quot;:&quot;3.0&quot;,&quot;description&quot;:&quot;Unemployment rate in Incheon, based on recent national and regional data&quot;},{&quot;label&quot;:&quot;Cost of living index&quot;,&quot;value&quot;:&quot;108 Index (national=100)&quot;,&quot;description&quot;:&quot;Cost of living index for Incheon, slightly above national average&quot;}],&quot;Consumer Spending&quot;:[{&quot;label&quot;:&quot;Retail spending per capita&quot;,&quot;value&quot;:&quot;10,000,000 KRW per year&quot;,&quot;description&quot;:&quot;Estimated annual retail spending per capita in Incheon area&quot;},{&quot;label&quot;:&quot;Spending on apparel&quot;,&quot;value&quot;:&quot;1,200,000 KRW per year&quot;,&quot;description&quot;:&quot;Annual per capita spending on apparel in South Korean urban areas&quot;},{&quot;label&quot;:&quot;Spending on groceries&quot;,&quot;value&quot;:&quot;3,500,000 KRW per year&quot;,&quot;description&quot;:&quot;Annual per capita spending on groceries in Incheon households&quot;},{&quot;label&quot;:&quot;Spending on electronics&quot;,&quot;value&quot;:&quot;800,000 KRW per year&quot;,&quot;description&quot;:&quot;Annual per capita spending on electronics in South Korea&quot;}],&quot;Mall Traffic \u0026 Performance&quot;:[{&quot;label&quot;:&quot;Annual foot traffic&quot;,&quot;value&quot;:&quot;15,000,000 Visitors&quot;,&quot;description&quot;:&quot;Estimated annual visitors based on similar Starfield malls like Hanam&quot;},{&quot;label&quot;:&quot;Dwell time&quot;,&quot;value&quot;:&quot;120 Minutes&quot;,&quot;description&quot;:&quot;Average time visitors spend in the mall, typical for large lifestyle 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 premium malls&quot;},{&quot;label&quot;:&quot;Sales per square meter&quot;,&quot;value&quot;:&quot;12,000,000 KRW per year&quot;,&quot;description&quot;:&quot;Annual sales per square meter, estimated for high-end South Korean malls&quot;}],&quot;Competition \u0026 Tenant Mix&quot;:[{&quot;label&quot;:&quot;Number of retail stores&quot;,&quot;value&quot;:&quot;300 Stores&quot;,&quot;description&quot;:&quot;Number of retail outlets planned for Incheon Starfield&quot;},{&quot;label&quot;:&quot;Anchor tenant presence&quot;,&quot;value&quot;:&quot;Yes Presence&quot;,&quot;description&quot;:&quot;Anchor tenants include E-Mart and major department stores&quot;},{&quot;label&quot;:&quot;Competitor density (same category)&quot;,&quot;value&quot;:&quot;5 Malls per 100km²&quot;,&quot;description&quot;:&quot;Density of similar large malls in Incheon metropolitan area&quot;},{&quot;label&quot;:&quot;Tenant diversity&quot;,&quot;value&quot;:&quot;High Level&quot;,&quot;description&quot;:&quot;Diverse mix including fashion, dining, entertainment, and lifestyle brands&quot;},{&quot;label&quot;:&quot;Unique Concepts&quot;,&quot;value&quot;:&quot;Integrated stadium and entertainment Concepts&quot;,&quot;description&quot;:&quot;Unique features like multi-stadium integration and cultural venues&quot;}],&quot;Real Estate \u0026 Leasing&quot;:[{&quot;label&quot;:&quot;Gross Leasable Area&quot;,&quot;value&quot;:&quot;150,000 sqm&quot;,&quot;description&quot;:&quot;Planned gross leasable area for the mall complex&quot;},{&quot;label&quot;:&quot;Number of Levels&quot;,&quot;value&quot;:&quot;6 Levels&quot;,&quot;description&quot;:&quot;Above-ground levels including basement parking&quot;},{&quot;label&quot;:&quot;Average rent per square meter&quot;,&quot;value&quot;:&quot;150,000 KRW per month&quot;,&quot;description&quot;:&quot;Average monthly rent per square meter in premium Incheon retail spaces&quot;},{&quot;label&quot;:&quot;Vacancy rate&quot;,&quot;value&quot;:&quot;5.0&quot;,&quot;description&quot;:&quot;Current estimated vacancy rate for similar malls, low due to demand&quot;},{&quot;label&quot;:&quot;Lease term flexibility&quot;,&quot;value&quot;:&quot;Flexible 3-10 years Terms&quot;,&quot;description&quot;:&quot;Lease terms adaptable to tenant needs in competitive market&quot;},{&quot;label&quot;:&quot;Available retail space&quot;,&quot;value&quot;:&quot;20,000 sqm&quot;,&quot;description&quot;:&quot;Estimated available leasable space at opening&quot;}],&quot;Accessibility \u0026 Infrastructure&quot;:[{&quot;label&quot;:&quot;Proximity to main roads&quot;,&quot;value&quot;:&quot;Direct access Access&quot;,&quot;description&quot;:&quot;Direct connection to major highways like Incheon International Airport Road&quot;},{&quot;label&quot;:&quot;Public transport access&quot;,&quot;value&quot;:&quot;High Level&quot;,&quot;description&quot;:&quot;Near subway lines and bus routes in Cheongna International City&quot;},{&quot;label&quot;:&quot;Parking spaces&quot;,&quot;value&quot;:&quot;5,000 Spaces&quot;,&quot;description&quot;:&quot;Planned parking capacity for vehicles&quot;},{&quot;label&quot;:&quot;Pedestrian traffic&quot;,&quot;value&quot;:&quot;High Level&quot;,&quot;description&quot;:&quot;Strong pedestrian access from surrounding 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;Strong e-commerce penetration at 30% of total retail in South Korea&quot;},{&quot;label&quot;:&quot;Click-and-collect adoption&quot;,&quot;value&quot;:&quot;40.0&quot;,&quot;description&quot;:&quot;Adoption rate of click-and-collect services in urban malls&quot;},{&quot;label&quot;:&quot;Internet penetration&quot;,&quot;value&quot;:&quot;96.0&quot;,&quot;description&quot;:&quot;Household internet penetration rate in Incheon/South Korea&quot;}],&quot;Safety \u0026 Security&quot;:[{&quot;label&quot;:&quot;Retail crime rate&quot;,&quot;value&quot;:&quot;2 Incidents per 1,000 visitors&quot;,&quot;description&quot;:&quot;Low retail crime rate typical for South Korean malls&quot;},{&quot;label&quot;:&quot;Security measures&quot;,&quot;value&quot;:&quot;CCTV, guards, patrols Measures&quot;,&quot;description&quot;:&quot;Comprehensive security including 24/7 CCTV and on-site personnel&quot;}],&quot;Marketing \u0026 Events&quot;:[{&quot;label&quot;:&quot;Promotional events&quot;,&quot;value&quot;:&quot;Monthly Frequency&quot;,&quot;description&quot;:&quot;Regular promotional and cultural events to drive traffic&quot;},{&quot;label&quot;:&quot;Loyalty program penetration&quot;,&quot;value&quot;:&quot;60.0&quot;,&quot;description&quot;:&quot;Penetration of loyalty programs among frequent shoppers&quot;},{&quot;label&quot;:&quot;Digital signage presence&quot;,&quot;value&quot;:&quot;Full coverage Coverage&quot;,&quot;description&quot;:&quot;Digital signage throughout the mall 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;Expected annual growth in foot traffic post-opening&quot;},{&quot;label&quot;:&quot;New tenant pipeline&quot;,&quot;value&quot;:&quot;50 New tenants&quot;,&quot;description&quot;:&quot;Pipeline of new international and local brands&quot;},{&quot;label&quot;:&quot;Mall expansion plans&quot;,&quot;value&quot;:&quot;Integrated complex by 2030 Plans&quot;,&quot;description&quot;:&quot;Expansion with multi-stadium and entertainment facilities planned for completion by 2030&quot;}]}" data-map-mapbox-token-value="pk.eyJ1Ijoib2NjdXBpIiwiYSI6ImNtZXFkdHZwczBtNjIya215OWVpaGtucXoifQ.xiNo8HmyyKim2YrJ3LdqdQ" data-map-nearby-malls-value="{&quot;primary&quot;:[{&quot;id&quot;:7937,&quot;slug&quot;:&quot;incheon-chinatown-retail&quot;,&quot;name&quot;:&quot;Incheon Chinatown Retail&quot;,&quot;lat&quot;:&quot;37.4761&quot;,&quot;lng&quot;:&quot;126.6297&quot;,&quot;property_type&quot;:&quot;Neighborhood&quot;,&quot;description&quot;:&quot;Incheon Chinatown Retail is a historic street retail district in Jung-gu, Incheon, South Korea, established in 1884 as the nations only official Chinatown. Spanning a compact area near Incheon Station, it features traditional Chinese architecture, including iconic gates like Paeru and Inhwamun, and cultural sites such as Uiseondang Temple and mural streets depicting historical themes. The districts market position centers on cultural tourism and ethnic cuisine, drawing from its origins as a trading hub post the 1882 China-Korea Treaty and opening of Incheon Port in 1883. Tenant mix is dominated by over 50 Chinese restaurants, many specializing in jjajangmyeon, which originated here, alongside souvenir shops, tea houses, and small vendors selling imported Chinese goods like herbs, fabrics, and crafts. This food-heavy composition supports a vibrant atmosphere but limits diversity in retail categories. Leasing advantages include high visibility from tourist footfall, with the area integrated into the Jemulpo Renaissance Project for urban renewal, and proximity to transportation hubs enhancing accessibility via subway and buses. Occupancy rates remain stable at around 85-90% for ground-level spaces, driven by tourism recovery post-2020, though reliant on seasonal visitors. Rent levels average 50,000-80,000 KRW per square meter annually for street-front units, lower than Seouls prime districts but competitive within Incheon due to cultural appeal. Demographic profile includes local Korean residents, second- and third-generation Korean-Chinese (Hwagyo), and international tourists, particularly from China, with Incheons overall population exceeding 3 million and net inflow ranking first nationally in recent years. Operational quality benefits from municipal support, including a special development zone extended to 2027 for regulatory relief, but faces challenges like aging infrastructure and market saturation in dining. Overall, it offers balanced leasing for experiential retail but requires adaptation to tourism volatility and competition from modern malls like those in Songdo International Business District.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Incheon&quot;},&quot;anchor_tenants&quot;:&quot;Hongs&#39; Jjajang, Naksan Restaurant&quot;,&quot;distance&quot;:0.17,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;80&quot;,&quot;gla_sqm&quot;:&quot;5000&quot;,&quot;anchor_tenants&quot;:&quot;Hongs&#39; Jjajang, Naksan Restaurant&quot;}}],&quot;secondary&quot;:[{&quot;id&quot;:7931,&quot;slug&quot;:&quot;new-core-outlet-incheon&quot;,&quot;name&quot;:&quot;New Core Outlet Incheon&quot;,&quot;lat&quot;:&quot;37.4186875&quot;,&quot;lng&quot;:&quot;126.6690625&quot;,&quot;property_type&quot;:&quot;Outlet&quot;,&quot;description&quot;:&quot;New Core Outlet Incheon, located in Guwol-dong, Namdong-gu, Incheon, opened in 1995 as Highway Department Store and converted to an outlet format in 2004 under E-Land Retail management. Spanning B1F to 12F, the property covers approximately 50,000 square meters of retail space, focusing on discounted merchandise from department stores. Tenant mix emphasizes value-oriented fashion, sportswear, cosmetics, home goods, and food services, with key anchors like Kim&#39;s Club grocery on B1F, cosmetics and Missha on 1F, casual wear on 2F-3F, ladies&#39; items on 4F, sports on 5F, men&#39;s outdoor on 6F, children&#39;s on 7F, living essentials on 8F, and food courts on 9F-10F. Accessibility is strong via Incheon Subway Line 1 at Incheon Terminal Station and multiple bus routes, benefiting from proximity to Incheon International Airport (15 km away) and Lotte Department Store in the same district. Incheon&#39;s retail market features 10 major malls with aggregate annual footfall of 50 million visits, positioning this outlet as a mid-tier player in a competitive landscape with high occupancy around 90% driven by local middle-income demographics (average household income KRW 60 million) and cross-border shoppers. Leasing advantages include flexible terms for mid-sized retailers at base rents of KRW 50,000-80,000 per square meter annually, lower than premium malls, but challenges arise from aging infrastructure (30+ years) requiring potential capex for upgrades and saturation in discount segments amid e-commerce growth. Operational quality is average, with parking for 1,500 vehicles supporting weekend peaks, though competition from nearby outlets like Premium Outlets Incheon (opened 2022) pressures sales per square meter at around KRW 15-20 million yearly.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Incheon&quot;},&quot;anchor_tenants&quot;:&quot;Kim&#39;s Club, Modern House, Spao, Miso&quot;,&quot;distance&quot;:7.11,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;200&quot;,&quot;gla_sqm&quot;:&quot;25000&quot;,&quot;anchor_tenants&quot;:&quot;Kim&#39;s Club, Modern House, Spao, Miso&quot;}},{&quot;id&quot;:6568,&quot;slug&quot;:&quot;incheon-technopark-shopping-center&quot;,&quot;name&quot;:&quot;Incheon Technopark Shopping Center&quot;,&quot;lat&quot;:&quot;37.3818985&quot;,&quot;lng&quot;:&quot;126.6535303&quot;,&quot;property_type&quot;:&quot;Shopping Centre&quot;,&quot;description&quot;:&quot;Incheon Technopark Shopping Center is situated in the Songdo International Business District of Yeonsu-gu, Incheon, South Korea, adjacent to Technopark Station on Incheon Subway Line 1. This modern retail hub encompasses interconnected facilities including Triple Street, Hyundai Premium Outlets Songdo, and Homeplus Songdo, spanning approximately 100,000 square meters of leasable space. Opened in the mid-2010s as part of Songdos development into a high-tech urban center, it benefits from proximity to Incheon International Airport (20 minutes by car) and Seoul (1 hour by subway), enhancing accessibility for domestic and international visitors. The tenant mix features a balanced blend of international fashion brands such as H\u0026M, ZARA, 8 Seconds, Coach, and Gucci in premium outlet formats, alongside supermarkets like Homeplus for daily essentials, diverse restaurants, cafes, and specialty shops offering cosmetics, souvenirs, and creative products. Occupancy rates hover around 95% based on recent commercial real estate reports for Songdo, supported by strong local demand. Footfall averages 1.5 million monthly visitors, with peaks during weekends and holidays, driven by the areas parks, convention centers, and night views. Rent levels range from 80,000 to 150,000 KRW per square meter annually, competitive for a premium location but higher than traditional Incheon malls due to the upscale positioning. Demographically, the catchment area includes over 300,000 residents in Songdo, characterized by young professionals (ages 25-44), affluent families, and expatriates in tech and finance sectors, with median household income exceeding 80 million KRW yearly. Market position as a lifestyle destination strengthens leasing appeal, with advantages in cross-traffic from adjacent attractions like Songdo Central Park and Canal Walk, fostering longer dwell times and higher sales per square foot (averaging 20 million KRW annually). However, challenges include seasonal fluctuations in tourism and competition from nearby Lotte Mall and AK Plaza, potentially impacting smaller tenants. Operational quality is high, with modern infrastructure, ample parking (over 2,000 spaces), and sustainable features like energy-efficient lighting. For retailers, leasing here offers exposure to a growing, diverse consumer base but requires adaptation to high operational costs and e-commerce pressures in a saturated fashion segment.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Incheon&quot;},&quot;anchor_tenants&quot;:&quot;Zara,H\u0026M,MLB,Olive Young,Daiso&quot;,&quot;distance&quot;:10.55,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;100&quot;,&quot;gla_sqm&quot;:&quot;122000&quot;,&quot;anchor_tenants&quot;:&quot;Zara,H\u0026M,MLB,Olive Young,Daiso&quot;}},{&quot;id&quot;:7930,&quot;slug&quot;:&quot;modern-house-incheon&quot;,&quot;name&quot;:&quot;Modern House Incheon&quot;,&quot;lat&quot;:&quot;37.3807384&quot;,&quot;lng&quot;:&quot;126.6589264&quot;,&quot;property_type&quot;:&quot;Retail&quot;,&quot;description&quot;:&quot;Modern House Incheon is a prominent home goods and lifestyle retail store located within the Square One shopping mall in Yeonsu-gu, Incheon, South Korea. Opened in 2012, the encompassing Square One mall spans approximately 169,000 square meters with over 170 tenants, positioning it as a mid-tier regional retail destination near Dongchun Station on Incheon Subway Line 1. The mall benefits from strong accessibility, being just 30 minutes from Incheon International Airport and 40 minutes from Seoul via public transport. Modern House occupies a significant space on the third floor, specializing in affordable home decor, kitchenware, and furniture, attracting middle-income families and young urban dwellers. The tenant mix in Square One includes international fashion brands like H\u0026M and Zara, sports retailers such as Adidas and Puma, and diverse dining options including McDonalds and KFC in the food court. Market reports from Cushman \u0026 Wakefield indicate Incheons retail sector grew 3.5% in 2024, driven by the Songdo International Business Districts expansion, which boosts local demographics of professionals aged 25-44 with average household incomes around 60 million KRW annually. Leasing advantages include competitive base rents averaging 12-15 million KRW per pyeong per year, plus percentage rent clauses tied to sales performance, and high visibility in a family-oriented environment. However, challenges include competition from larger outlets like NC Incheon and potential saturation in home goods categories amid e-commerce growth. Occupancy rates in similar Incheon malls hover at 92-95%, with footfall estimated at 5-7 million annual visitors for Square One, supported by weekend peaks and promotional events. Operational quality is solid, with modern infrastructure and ample parking for 2,000 vehicles, though aging elements in some areas may require future upgrades. Retailers considering leasing here should note the balanced demographic profile favoring experiential shopping, but monitor access issues during peak hours on subway lines.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Incheon&quot;},&quot;anchor_tenants&quot;:&quot;Modern House, Homeplus&quot;,&quot;distance&quot;:10.78,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;120&quot;,&quot;gla_sqm&quot;:&quot;8000&quot;,&quot;anchor_tenants&quot;:&quot;Modern House, Homeplus&quot;}}],&quot;outside&quot;:[{&quot;id&quot;:4662,&quot;slug&quot;:&quot;paradise-city&quot;,&quot;name&quot;:&quot;Paradise City&quot;,&quot;lat&quot;:&quot;37.437217&quot;,&quot;lng&quot;:&quot;126.459858&quot;,&quot;property_type&quot;:&quot;Mixed-Use&quot;,&quot;description&quot;:&quot;Paradise City is an integrated resort complex located on Yeongjong Island in Incheon, South Korea, approximately 5 kilometers from Incheon International Airport. Opened in 2017, it spans over 330,000 square meters and features a luxury hotel with 711 rooms, a foreigners-only casino, spa facilities, convention spaces, and a central shopping plaza known as Plaza. The Plaza serves as the retail hub, encompassing around 10,000 square meters of space with a mix of upscale restaurants, cafes, multi-brand fashion and beauty stores, gift shops, and lifestyle boutiques emphasizing Korean culture and Hallyu elements. Tenant mix focuses on premium brands targeting international tourists, including F\u0026B outlets offering diverse cuisines and select shops for luxury goods. Market position is strong within the Incheon Aerotropolis, benefiting from the regions status as a key tourism gateway with over 70 million annual airport passengers pre-COVID. Leasing advantages include high visibility to affluent inbound travelers, integrated resort traffic driving incidental shopping, and flexible spaces for pop-ups or experiential retail. However, retail performance is closely tied to tourism fluctuations, with recovery noted in 2023-2024 as visitor numbers rebounded to near 2019 levels. Occupancy rates in the resort complex remain above 80 percent, supporting stable footfall for retail tenants. Potential challenges involve market saturation in luxury segments and competition from airport retail outlets. Overall, it offers a unique opportunity for retailers seeking exposure to high-spending international demographics in a controlled, entertainment-rich environment.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Incheon&quot;},&quot;anchor_tenants&quot;:&quot;Various luxury brands including international fashion houses&quot;,&quot;distance&quot;:15.71,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;100&quot;,&quot;gla_sqm&quot;:&quot;25000&quot;,&quot;anchor_tenants&quot;:&quot;Various luxury brands including international fashion houses&quot;}},{&quot;id&quot;:4663,&quot;slug&quot;:&quot;lotte-mart-yeongjongdo&quot;,&quot;name&quot;:&quot;Lotte Mart Yeongjongdo&quot;,&quot;lat&quot;:&quot;37.4692&quot;,&quot;lng&quot;:&quot;126.4436&quot;,&quot;property_type&quot;:&quot;Retail&quot;,&quot;description&quot;:&quot;Lotte Mart Yeongjongdo, situated in Unseo-dong, Jung-gu, Incheon, operates as a hypermarket serving the Yeongjong Island community and airport vicinity. Opened in the early 2000s as part of Lotte Groups expansion, it spans multiple floors offering groceries, apparel, electronics, household items, and convenience services. The property benefits from its position near Incheon International Airport, approximately 5 km away, and Unseo Station on the Airport Railroad, providing excellent accessibility via public transport and roads. As the sole large-scale hypermarket on the island following the 2020 closure of E-Mart Incheon Airport, it holds a dominant market position in a growing residential area with over 100,000 inhabitants, including airport employees, families, and transient tourists. Tenant mix includes anchor grocery sections, fashion outlets, daily necessities stores, and food courts with local and international cuisine options. Occupancy remains high at around 95%, supported by stable local demand and seasonal tourist influx. Rent levels for sub-lease spaces average 50,000-80,000 KRW per square meter annually, competitive for the region due to limited alternatives. Footfall averages 15,000-20,000 daily visitors, peaking during holidays and airport travel seasons. The surrounding market features moderate retail saturation with smaller convenience stores but lacks direct hypermarket competition, enhancing leasing appeal for complementary retailers. However, reliance on airport traffic introduces volatility from travel disruptions or economic shifts in aviation. Infrastructure is modern with ample parking for 1,000 vehicles, though aging elements in some sections may require future investments. Overall, it presents balanced leasing opportunities for retailers targeting middle-income demographics with strong everyday needs, though external factors like fuel prices affecting airport access pose risks.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Incheon&quot;},&quot;anchor_tenants&quot;:&quot;Lotte Mart, Homeplus, Various retail brands&quot;,&quot;distance&quot;:16.57,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;50&quot;,&quot;gla_sqm&quot;:&quot;12000&quot;,&quot;anchor_tenants&quot;:&quot;Lotte Mart, Homeplus, Various retail brands&quot;}}]}" data-map-update-url-value="/malls/incheon-starfield" id="mall-map-wrapper"><div data-city="Incheon" data-current-mall="true" data-id="incheon-starfield" data-lat="37.4751578" data-lng="126.6312666" data-map-target="mall" data-name="Incheon Starfield" 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">10 km radius</div><div class="stat-label">Primary Catchment Area</div></div><div class="stat-card"><div class="stat-value">30 km radius</div><div class="stat-label">Secondary Catchment Area</div></div><div class="stat-card"><div class="stat-value">1,200,000 People</div><div class="stat-label">Catchment area population</div></div><div class="stat-card"><div class="stat-value">0.4</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">45,000,000 KRW per year</div><div class="stat-label">Median household income</div></div><div class="stat-card"><div class="stat-value">3.0</div><div class="stat-label">Unemployment rate</div></div><div class="stat-card"><div class="stat-value">108 Index (national=100)</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">10,000,000 KRW per year</div><div class="stat-label">Retail spending per capita</div></div><div class="stat-card"><div class="stat-value">1,200,000 KRW per year</div><div class="stat-label">Spending on apparel</div></div><div class="stat-card"><div class="stat-value">3,500,000 KRW per year</div><div class="stat-label">Spending on groceries</div></div><div class="stat-card"><div class="stat-value">800,000 KRW per year</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">15,000,000 Visitors</div><div class="stat-label">Annual foot traffic</div></div><div class="stat-card"><div class="stat-value">120 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">12,000,000 KRW per year</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">300 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 per 100km²</div><div class="stat-label">Competitor density (same category)</div></div><div class="stat-card"><div class="stat-value">High 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">150,000 sqm</div><div class="stat-label">Gross Leasable Area</div></div><div class="stat-card"><div class="stat-value">6 Levels</div><div class="stat-label">Number of Levels</div></div><div class="stat-card"><div class="stat-value">150,000 KRW per month</div><div class="stat-label">Average rent per square meter</div></div><div class="stat-card"><div class="stat-value">5.0</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">Direct access Access</div><div class="stat-label">Proximity to main roads</div></div><div class="stat-card"><div class="stat-value">High Level</div><div class="stat-label">Public transport access</div></div><div class="stat-card"><div class="stat-value">5,000 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">40.0</div><div class="stat-label">Click-and-collect adoption</div></div><div class="stat-card"><div class="stat-value">96.0</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">2 Incidents per 1,000 visitors</div><div class="stat-label">Retail crime rate</div></div><div class="stat-card"><div class="stat-value">CCTV, guards, patrols 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">Monthly Frequency</div><div class="stat-label">Promotional events</div></div><div class="stat-card"><div class="stat-value">60.0</div><div class="stat-label">Loyalty program penetration</div></div><div class="stat-card"><div class="stat-value">Full coverage Coverage</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">50 New tenants</div><div class="stat-label">New tenant pipeline</div></div><div class="stat-card"><div class="stat-value">Integrated complex by 2030 Plans</div><div class="stat-label">Mall expansion plans</div></div></div></div></div></div></div></template></turbo-stream>