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Hypermarket TrafficCinema & LeisureInternational ChainsPremium Dining & LifestyleFamily Entertainment

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Khalij E Fars Shiraz Recreational Commercial Complex is a large-scale retail and leisure destination in the heart of Shiraz, offering a variety of shopping, dining, and entertainment options. This complex caters to both local and international retailers with an emphasis on luxury goods and modern amenities. It draws shoppers with its contemporary design, expansive retail space, and a diverse mix of attractions.

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Hours of Operation

Hours

Checking...
Monday08:00 AM — 11:30 PM
Tuesday08:00 AM — 11:30 PM
Wednesday08:00 AM — 11:30 PM
Thursday08:00 AM — 11:30 PM
Friday08:00 AM — 11:30 PM
Saturday08:00 AM — 11:30 PM
Sunday08:00 AM — 11:30 PM
Holiday Hours

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

Shiraz, Shiraz, Iran

Insights

Prime Retail Destination

Khalij E Fars is a prime retail destination in Shiraz, attracting high-end brands and retailers due to its central location and modern infrastructure, making it an ideal choice for retailers looking to target affluent consumers.

High Foot Traffic

The complex benefits from high foot traffic due to its strategic location, which attracts a wide range of shoppers, ensuring maximum visibility for retail tenants and high potential sales volume.

Strong Entertainment Appeal

In addition to retail offerings, Khalij E Fars provides entertainment options such as a cinema, gaming zone, and recreational areas, which draw families and young adults, enhancing its appeal as a mixed-use leisure and shopping complex.

Building Details

Property Type
Regional
Gross Leasable Area
150,000
Year Built
2012
Parking Spaces
5500
Average Monthly Footfall
1,000,000
Owner
Setareh Business Collection Company
Anchor Tenants
Iran Land, Cinema, Carrefour Hypermarket

Detailed Market Analytics

Primary Catchment Area
10 Kilometers
Secondary Catchment Area
25 Kilometers
Catchment area population
1,800,000 People
Population growth rate
1.2 %
Median age
31 Years
Household size
3.8 People
Education level (tertiary)
28.0 %

Median household income
5,500 USD
Unemployment rate
12.5 %
Cost of living index
65 Index

Retail spending per capita
1,200 USD
Spending on apparel
250 USD
Spending on groceries
400 USD
Spending on electronics
150 USD

Annual foot traffic
12,000,000 Visitors
Dwell time
120 Minutes
Conversion rate
25.0 %
Sales per square meter
3,500 USD

Number of retail stores
250 Stores
Anchor tenant presence
Yes
Competitor density (same category)
8 Stores per category
Tenant diversity
85.0 %
Unique Concepts
15.0 %

Gross Leasable Area
150,000 Square meters
Number of Levels
4 Levels
Average rent per square meter
25 USD
Vacancy rate
5.0 %
Lease term flexibility
Moderate
Available retail space
7,500 Square meters

Proximity to main roads
0.5 Kilometers
Public transport access
Yes
Parking spaces
5,500 Spaces
Pedestrian traffic
High

E-commerce competition
Moderate
Click-and-collect adoption
20.0 %
Internet penetration
70.0 %

Retail crime rate
Low
Security measures
High

Promotional events
50 Events per year
Loyalty program penetration
30.0 %
Digital signage presence
Yes

Projected foot traffic growth
3.0 %
New tenant pipeline
10 Tenants
Mall expansion plans
No
City Snapshot
Shiraz

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Top retail destinations across Iran.

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City Snapshot
Shiraz

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