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Mica Mall, located in the city of Kish, is a relatively newer shopping center offering a modern retail experience with a mix of international and local brands. The mall is spread across three floors with a wide range of dining, entertainment, and fashion stores. It serves both the local population and tourists visiting the island. Despite its recent construction, the mall faces some challenges in terms of foot traffic, particularly on weekdays, which could affect potential retailers' sales performance.

It does have a high potential for growth, as the area continues to develop with increasing tourism. Mica Mall is considered a high-quality property with modern amenities but does not yet command the same level of foot traffic as more established centers.

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Hours of Operation

Hours

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Monday10:00 AM — 12:00 AM
Tuesday10:00 AM — 12:00 AM
Wednesday10:00 AM — 12:00 AM
Thursday10:00 AM — 12:00 AM
Friday10:00 AM — 12:00 AM
Saturday10:00 AM — 12:00 AM
Sunday10:00 AM — 12:00 AM
Holiday Hours

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

Abshar Square, Kish, Iran

Insights

Foot Traffic Trends

Mica Mall sees significantly higher foot traffic on weekends compared to weekdays. While this pattern suggests strong weekend sales potential, weekday business may be slower. Retailers seeking high-volume, consistent traffic might want to consider this trend when deciding on leasing space.

Retailer Mix

The mall's retailer mix features a healthy balance of luxury, mid-range, and budget-friendly brands. However, the mall still has a few vacant spaces that could be beneficial for local brands looking to establish a presence. Retailers offering tourist-oriented products could see good returns, given the area's popularity with travelers.

Competitor Presence

Mica Mall faces stiff competition from nearby shopping centers that are already well-established with a loyal customer base. However, the mall's relatively newer facilities and better parking options could offer an edge in attracting customers looking for a more comfortable and modern shopping experience.

Building Details

Property Type
Regional
Gross Leasable Area
86,000
Year Built
2022
Parking Spaces
1000
Average Monthly Footfall
666,667
Owner
Pars Mica Kish

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
4.2 People
Education level (tertiary)
25.0 %

Median household income
15,000 USD
Unemployment rate
8.5 %
Cost of living index
70 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
20.0 %
Sales per square meter
3,500 USD

Number of retail stores
600 Stores
Anchor tenant presence
Yes
Competitor density (same category)
15.0 %
Tenant diversity
30 Categories
Unique Concepts
10 Stores

Number of Levels
7 Levels
Average rent per square meter
40 USD
Vacancy rate
5.0 %
Lease term flexibility
Moderate
Available retail space
4,300 Square Meters
Gross Leasable Area
86,000 Square meters

Proximity to main roads
0.5 Kilometers
Public transport access
Yes
Parking spaces
1,000 Spaces
Pedestrian traffic
High

E-commerce competition
Moderate
Click-and-collect adoption
30.0 %
Internet penetration
85.0 %

Retail crime rate
2 Incidents per 100,000
Security measures
High

Promotional events
50 Events
Loyalty program penetration
40.0 %
Digital signage presence
Yes

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

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Top retail destinations across Iran.

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City Snapshot
Kish

Comprehensive market intelligence for retail expansion in this city

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