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Brand Fit Snapshot

Best for:

Hypermarket TrafficInternational ChainsNational ChainsPremium Dining & LifestyleSpecialty Retail

Not ideal if:

Ultra-Luxury PositioningBudget BrandsSmall Format Retail

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Tbilisi MallTbilisi CentralGrato Passage
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Karvasla Shopping Mall in Tbilisi is a modern retail destination offering a diverse range of shopping, dining, and entertainment options. It features a large number of local and international brands, designed to cater to the growing demand for premium shopping experiences in the region. With its strategic location and ample parking space, it attracts both local shoppers and tourists alike.

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Hours of Operation

Hours

Checking...
Monday10:00 AM — 10:00 PM
Tuesday10:00 AM — 10:00 PM
Wednesday10:00 AM — 10:00 PM
Thursday10:00 AM — 10:00 PM
Friday10:00 AM — 10:00 PM
Saturday10:00 AM — 10:00 PM
Sunday10:00 AM — 10:00 PM
Holiday Hours

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

7 Tsotne Dadiani Street, Tbilisi, Georgia

Insights

Retail Demand Growth

The retail demand in Tbilisi has been steadily increasing, driven by the growing population and an influx of international tourists, positioning Karvasla Mall as a key player in this trend.

Consumer Experience

Karvasla Shopping Mall prioritizes consumer experience by offering high-end facilities, spacious walking areas, and a variety of entertainment options, which contribute to a positive and engaging environment for shoppers.

Tenant Mix & Performance

Karvasla Shopping Mall boasts a strong tenant mix, with a balance of luxury retailers, mid-range brands, and local boutiques. This diverse offering attracts a broad customer base and ensures a stable performance throughout the year.

Building Details

Property Type
Community
Gross Leasable Area
18,000
Year Built
2010
Parking Spaces
300
Average Monthly Footfall
166,667
Owner
Karvasla LLC
Anchor Tenants
Carrefour

Detailed Market Analytics

Primary Catchment Area
5 Kilometers
Secondary Catchment Area
15 Kilometers
Catchment area population
300,000 People
Population growth rate
1.2 %
Median age
34 Years
Household size
3.5 People
Education level (tertiary)
35.0 %

Median household income
12,000 USD
Unemployment rate
11.5 %
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
2,000,000 Visitors
Dwell time
90 Minutes
Conversion rate
25.0 %
Sales per square meter
3,500 USD

Number of retail stores
400 Stores
Anchor tenant presence
Yes
Competitor density (same category)
10.0 %
Tenant diversity
40.0 %
Unique Concepts
15.0 %

Number of Levels
6 Levels
Average rent per square meter
20 USD
Vacancy rate
8.0 %
Lease term flexibility
Medium
Available retail space
1,440 Square Meters
Gross Leasable Area
18,000 Square meters

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

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

Retail crime rate
Low
Security measures
Standard

Promotional events
12 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
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Tbilisi

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For Retailers
Interested in this property?

Choose how you'd like to proceed

See if you're a fitQuick assessment of brand-property match
Submit Your BrandJoin the network and connect with property teams
Send an inquiryAsk about leasing, pop-ups, or partnerships
For Advertisers
Advertise at this property?

Reach high-intent shoppers across digital screens, atria, and experiential placements.

Send an inquiryTell us about your campaign — placements, budget, timing
City Snapshot
Tbilisi

Comprehensive market intelligence for retail expansion in this city

Market DataDemographicsTenant Mix
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