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International ChainsNational ChainsSpecialty RetailFamily EntertainmentQuick-Service Dining

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Ultra-Luxury PositioningBudget BrandsSmall Format Retail

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Mehestan City Center, located in Karaj, Iran, is a prominent retail destination with a mix of local and international brands.

The mall features a range of shopping, dining, and entertainment options spread over several floors. Its design is modern, with open spaces that offer a comfortable shopping experience. The mall’s location is favorable for attracting shoppers from the surrounding residential areas, but its foot traffic can fluctuate depending on the time of day and season. Notably, the mall has a large parking area that accommodates visitors with convenience.

However, there is limited public transportation access, which could be a challenge for those relying on non-car transportation. The mall’s reputation in the local market is solid, though it has faced some competition from newer malls in the area offering more modern amenities and updated retail concepts.

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Hours of Operation

Hours

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Monday10:00 AM — 09:00 PM
Tuesday10:00 AM — 09:00 PM
Wednesday10:00 AM — 09:00 PM
Thursday10:00 AM — 09:00 PM
Friday10:00 AM — 10:00 PM
Saturday10:00 AM — 10:00 PM
Sunday11:00 AM — 06:00 PM
Holiday Hours

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

Mahestan, Karaj, Iran

Insights

Strong Regional Retail Destination

Mehestan City Center serves as a major retail hub in Karaj, attracting shoppers with a mix of local and international brands across several floors.

Modern Design with Ample Parking

The mall features modern architecture, spacious interiors, and a large parking area, providing a comfortable and convenient shopping experience.

Opportunities for Growth Despite Competition

While facing competition from newer malls, Mehestan maintains a solid reputation and offers potential to attract more visitors with enhanced public transport access.

Building Details

Property Type
Regional
Gross Leasable Area
25,000
Year Built
2024
Parking Spaces
2000
Average Monthly Footfall
666,667

Detailed Market Analytics

Primary Catchment Area
10 Kilometers
Secondary Catchment Area
25 Kilometers
Catchment area population
1,200,000 People
Population growth rate
1.5 %
Median age
32 Years
Household size
3.8 People
Education level (tertiary)
28.0 %

Median household income
15,000 USD
Unemployment rate
12.0 %
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
8,000,000 Visitors
Dwell time
90 Minutes
Conversion rate
25.0 %
Sales per square meter
3,500 USD

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

Number of Levels
3 Levels
Average rent per square meter
25 USD
Vacancy rate
8.0 %
Lease term flexibility
Moderate
Available retail space
2,000 Square Meters
Gross Leasable Area
25,000 Square meters

Proximity to main roads
0.5 Kilometers
Public transport access
Yes
Parking spaces
2,000 Spaces
Pedestrian traffic
High

E-commerce competition
Moderate
Click-and-collect adoption
20.0 %
Internet penetration
75.0 %

Retail crime rate
Low
Security measures
Advanced

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

Projected foot traffic growth
5.0 %
New tenant pipeline
10 Stores
Mall expansion plans
No
City Snapshot
Karaj

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Discover more shopping centers in Karaj.

Top retail destinations across Iran.

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City Snapshot
Karaj

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