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JundiaíShopping, situated in Jundiaí, São Paulo state, Brazil, at Av. 9 de Julho, 3333, operates as a regional mall owned by Multiplan since its opening in 2012. The property encompasses 50,000 sqm of gross leasable area (GLA) distributed across three levels, accommodating 200 retail stores. Key anchor tenants comprise Renner, C&A, Riachuelo, Livraria Cultura, and Pão de Açúcar, contributing to a diverse tenant mix that emphasizes fashion, books, and groceries.
Visitor interests break down to 40% for shopping, 35% for dining options, and 25% for home decor, enhanced by family zones and children"s play areas. Occupancy stands at 95%, with a 5% vacancy rate and 2,500 sqm of available space, reflecting stable demand. Annual footfall approximates 8 million visitors, bolstered by high public transport accessibility and over 2,000 parking spaces. The catchment area covers a population of 1.4 million, characterized by a median household income of 5,000 BRL per month, a median age of 35 years, and a 1.2% annual population growth rate.
Within Brazil"s retail sector, projected to expand at a 5.4% CAGR through 2034 amid inflationary pressures and rising e-commerce penetration (85% internet access), JundiaíShopping maintains a competitive regional stance with low retail crime rates and monthly promotional events. Leasing opportunities benefit from average rents of 80 BRL per sqm monthly, medium-term flexibility, and an active new tenant pipeline, though potential drawbacks include high e-commerce rivalry and medium pedestrian traffic levels.
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Hours of Operation
Hours
| Monday | 10:00 AM — 10:00 PM |
| Tuesday | 10:00 AM — 10:00 PM |
| Wednesday | 10:00 AM — 10:00 PM |
| Thursday | 10:00 AM — 10:00 PM |
| Friday | 10:00 AM — 10:00 PM |
| Saturday | 10:00 AM — 10:00 PM |
| Sunday | 02:00 PM — 08:00 PM |
Hours may vary on public holidays. Check with individual stores for specific holiday schedules.
Insights
Demographic Profile
The primary catchment for JundiaíShopping includes 1.4 million residents in Jundiaí and surrounding areas, with a secondary radius extending to 1 million more. Median household income is 5,000 BRL monthly, supporting retail spending of approximately 2,000 USD per capita annually, including 150 USD on apparel and 1,200 USD on groceries. The population features a median age of 35 years, average household size of 3.1 persons, and 25% tertiary education attainment. Unemployment hovers at 7.5%, potentially impacting discretionary spending, while a 1.2% growth rate signals steady demographic expansion. Cost of living index is 85 relative to the national average of 100, positioning the area as moderately affordable for middle-income consumers focused on value-oriented retail categories.
Competitive Landscape
JundiaíShopping faces a competitor density of three similar malls per 100,000 population in the region, contributing to market saturation in fashion and dining segments. High e-commerce competition, with 40% click-and-collect adoption and 85% internet penetration, erodes physical store traffic, particularly for non-essential goods. The mall"s regional positioning aids in capturing local demand, but broader Brazilian retail challenges, including inflationary pressures and a shift toward online channels, heighten risks for tenants in vulnerable categories like apparel. Strengths lie in unique family-oriented amenities that differentiate it from pure e-commerce alternatives, though ongoing digital integration via loyalty programs (30% penetration) is essential to mitigate competitive threats.
Operational Quality and Lease Terms
Operational metrics at JundiaíShopping include annual footfall of 8 million, yielding an average dwell time of 90 minutes and a 25% conversion rate, with sales per square meter at 1,500 BRL. Occupancy at 95% indicates robust demand, supported by security features like CCTV and patrols, plus digital signage and monthly events. Rent levels average 80 BRL per sqm monthly, with medium flexibility in lease terms and potential expansion plans. Challenges encompass a 5% vacancy and medium pedestrian traffic, alongside aging infrastructure risks post-2012 opening. For lessees, advantages include high transport access and low crime, but market saturation may pressure rent negotiations and category performance.
Building Details
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Jundiaí, SP
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Jundiaí, SP
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