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International ChainsFast FashionDepartment Store AnchorsCinema & LeisureMid-Market Fashion

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Marmara Park is a prominent shopping mall located in the bustling city of İstanbul, Turkey. It offers a wide variety of retail spaces, catering to both local and international retailers. The mall boasts a diverse mix of shops, restaurants, entertainment options, and ample parking spaces. The central location of Marmara Park attracts significant foot traffic, especially during weekends and holidays.

However, it also faces competition from other nearby malls, which could affect its ability to attract new tenants. The lease terms are generally favorable for tenants, but the long-term sustainability of foot traffic could be a concern for some retailers due to the growing number of shopping centers in the vicinity. Furthermore, the mall's proximity to major transport routes adds to its accessibility but may also lead to congestion during peak hours, potentially affecting the shopping experience.

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Hours of Operation

Hours

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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.

33A Çelebi Mehmet Caddesi, İstanbul, Türkiye

Insights

Location and Accessibility

Located in a central area with easy access to public transport, Marmara Park is a convenient choice for retailers looking to attract customers from various parts of the city. However, the heavy traffic during peak hours may deter some visitors.

Competitive Market

Marmara Park faces stiff competition from other well-established shopping centers in the region. Retailers considering the mall should evaluate the performance of similar stores in the area before making a decision.

Long-Term Foot Traffic

While Marmara Park enjoys good foot traffic in the short term, the growth of new shopping centers in the vicinity may impact long-term customer retention and footfall, which could affect the stability of a retail lease.

Building Details

Property Type
Regional
Gross Leasable Area
100,000
Year Built
2012
Parking Spaces
4000
Average Monthly Footfall
833,333
Owner
ECE Türkiye
Anchor Tenants
Boyner, Media Markt, H & M, Zara, Paribu Cineverse

Detailed Market Analytics

Primary Catchment Area
15 Kilometers
Secondary Catchment Area
30 Kilometers
Catchment area population
2,500,000 People
Population growth rate
1.5 %
Median age
31 Years
Household size
3.4 People
Education level (tertiary)
35.0 %

Median household income
12,000 USD
Unemployment rate
10.5 %
Cost of living index
65 Index

Retail spending per capita
3,500 USD
Spending on apparel
700 USD
Spending on groceries
1,200 USD
Spending on electronics
400 USD

Annual foot traffic
10,000,000 Visitors
Dwell time
2.5 Hours
Conversion rate
25.0 %
Sales per square meter
4,000 USD

Number of retail stores
250 Stores
Anchor tenant presence
Yes
Competitor density (same category)
8 Malls
Tenant diversity
70.0 %
Unique Concepts
15 Stores

Number of Levels
4 Levels
Average rent per square meter
40 USD
Vacancy rate
5.0 %
Lease term flexibility
Medium
Available retail space
5,000 Square Meters
Gross Leasable Area
100,000 Square meters

Proximity to main roads
0.5 Kilometers
Public transport access
Yes
Parking spaces
4,000 Spaces
Pedestrian traffic
High

E-commerce competition
High
Click-and-collect adoption
40.0 %
Internet penetration
85.0 %

Retail crime rate
Low
Security measures
High

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

Projected foot traffic growth
3.0 %
New tenant pipeline
10 Stores
Mall expansion plans
No
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İstanbul

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İstanbul

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