<turbo-stream action="replace" target="mall-map-wrapper"><template><div data-controller="map" data-lat="38.7312" data-lng="35.4853" data-map-catchment-data-value="{&quot;lat&quot;:&quot;38.7312&quot;,&quot;lng&quot;:&quot;35.4853&quot;,&quot;primary_radius&quot;:5.0,&quot;secondary_radius&quot;:15.0,&quot;population&quot;:1200000}" data-map-demographic-summary-value="{&quot;Mall Demographics&quot;:[{&quot;label&quot;:&quot;Primary Catchment Area&quot;,&quot;value&quot;:&quot;5 km radius&quot;,&quot;description&quot;:&quot;Area within primary drive time for mall visitors&quot;},{&quot;label&quot;:&quot;Secondary Catchment Area&quot;,&quot;value&quot;:&quot;10 km radius&quot;,&quot;description&quot;:&quot;Extended area for occasional visitors&quot;},{&quot;label&quot;:&quot;Catchment area population&quot;,&quot;value&quot;:&quot;1,200,000 People&quot;,&quot;description&quot;:&quot;Estimated population in primary and secondary catchment&quot;},{&quot;label&quot;:&quot;Population growth rate&quot;,&quot;value&quot;:&quot;2.5&quot;,&quot;description&quot;:&quot;Annual growth in catchment population&quot;},{&quot;label&quot;:&quot;Median age&quot;,&quot;value&quot;:&quot;34 Years&quot;,&quot;description&quot;:&quot;Median age of catchment population&quot;},{&quot;label&quot;:&quot;Household size&quot;,&quot;value&quot;:&quot;3.2 People&quot;,&quot;description&quot;:&quot;Average household size in catchment&quot;},{&quot;label&quot;:&quot;Education level (tertiary)&quot;,&quot;value&quot;:&quot;28.0&quot;,&quot;description&quot;:&quot;Percentage of population with tertiary education&quot;}],&quot;Economic Indicators&quot;:[{&quot;label&quot;:&quot;Median household income&quot;,&quot;value&quot;:&quot;240,000 TL per year&quot;,&quot;description&quot;:&quot;Median annual household income in catchment area&quot;},{&quot;label&quot;:&quot;Unemployment rate&quot;,&quot;value&quot;:&quot;8.9&quot;,&quot;description&quot;:&quot;Unemployment rate in Istanbul region&quot;},{&quot;label&quot;:&quot;Cost of living index&quot;,&quot;value&quot;:&quot;120 Index points&quot;,&quot;description&quot;:&quot;Relative to national average of 100&quot;}],&quot;Consumer Spending&quot;:[{&quot;label&quot;:&quot;Retail spending per capita&quot;,&quot;value&quot;:&quot;4,500 USD per year&quot;,&quot;description&quot;:&quot;Annual retail expenditure per person&quot;},{&quot;label&quot;:&quot;Spending on apparel&quot;,&quot;value&quot;:&quot;500 USD per year&quot;,&quot;description&quot;:&quot;Annual per capita spending on clothing and apparel&quot;},{&quot;label&quot;:&quot;Spending on groceries&quot;,&quot;value&quot;:&quot;2,000 USD per year&quot;,&quot;description&quot;:&quot;Annual per capita spending on food and groceries&quot;},{&quot;label&quot;:&quot;Spending on electronics&quot;,&quot;value&quot;:&quot;300 USD per year&quot;,&quot;description&quot;:&quot;Annual per capita spending on consumer electronics&quot;}],&quot;Mall Traffic \u0026 Performance&quot;:[{&quot;label&quot;:&quot;Annual foot traffic&quot;,&quot;value&quot;:&quot;25,000,000 Visitors&quot;,&quot;description&quot;:&quot;Total annual visitors to the mall&quot;},{&quot;label&quot;:&quot;Dwell time&quot;,&quot;value&quot;:&quot;2.5 Hours&quot;,&quot;description&quot;:&quot;Average time spent by visitors&quot;},{&quot;label&quot;:&quot;Conversion rate&quot;,&quot;value&quot;:&quot;25.0&quot;,&quot;description&quot;:&quot;Percentage of visitors making a purchase&quot;},{&quot;label&quot;:&quot;Sales per square meter&quot;,&quot;value&quot;:&quot;13,743 TL per sqm&quot;,&quot;description&quot;:&quot;Annual sales revenue per square meter of GLA&quot;}],&quot;Competition \u0026 Tenant Mix&quot;:[{&quot;label&quot;:&quot;Number of retail stores&quot;,&quot;value&quot;:&quot;300 Stores&quot;,&quot;description&quot;:&quot;Total number of retail outlets in the mall&quot;},{&quot;label&quot;:&quot;Anchor tenant presence&quot;,&quot;value&quot;:&quot;Yes Presence&quot;,&quot;description&quot;:&quot;Major anchor stores like hypermarkets present&quot;},{&quot;label&quot;:&quot;Competitor density (same category)&quot;,&quot;value&quot;:&quot;4 Malls per 10km&quot;,&quot;description&quot;:&quot;Number of competing malls nearby&quot;},{&quot;label&quot;:&quot;Tenant diversity&quot;,&quot;value&quot;:&quot;High Level&quot;,&quot;description&quot;:&quot;Diverse mix of retail categories&quot;},{&quot;label&quot;:&quot;Unique Concepts&quot;,&quot;value&quot;:&quot;25 Concepts&quot;,&quot;description&quot;:&quot;Number of exclusive or unique store brands&quot;}],&quot;Real Estate \u0026 Leasing&quot;:[{&quot;label&quot;:&quot;Gross Leasable Area&quot;,&quot;value&quot;:&quot;40,000 sqm&quot;,&quot;description&quot;:&quot;Total leasable retail space&quot;},{&quot;label&quot;:&quot;Number of Levels&quot;,&quot;value&quot;:&quot;4 Levels&quot;,&quot;description&quot;:&quot;Number of shopping floors&quot;},{&quot;label&quot;:&quot;Average rent per square meter&quot;,&quot;value&quot;:&quot;60 EUR per sqm per month&quot;,&quot;description&quot;:&quot;Average monthly rent for retail space&quot;},{&quot;label&quot;:&quot;Vacancy rate&quot;,&quot;value&quot;:&quot;5.0&quot;,&quot;description&quot;:&quot;Percentage of leasable area unoccupied&quot;},{&quot;label&quot;:&quot;Lease term flexibility&quot;,&quot;value&quot;:&quot;High Level&quot;,&quot;description&quot;:&quot;Flexible lease terms available&quot;},{&quot;label&quot;:&quot;Available retail space&quot;,&quot;value&quot;:&quot;5,000 sqm&quot;,&quot;description&quot;:&quot;Current available space for leasing&quot;}],&quot;Accessibility \u0026 Infrastructure&quot;:[{&quot;label&quot;:&quot;Proximity to main roads&quot;,&quot;value&quot;:&quot;Direct access Access&quot;,&quot;description&quot;:&quot;Adjacent to major highways like E-5&quot;},{&quot;label&quot;:&quot;Public transport access&quot;,&quot;value&quot;:&quot;High Access&quot;,&quot;description&quot;:&quot;Metro and bus connections nearby&quot;},{&quot;label&quot;:&quot;Parking spaces&quot;,&quot;value&quot;:&quot;4,000 Spaces&quot;,&quot;description&quot;:&quot;Total parking capacity&quot;},{&quot;label&quot;:&quot;Pedestrian traffic&quot;,&quot;value&quot;:&quot;High Level&quot;,&quot;description&quot;:&quot;Strong walk-in traffic from surroundings&quot;}],&quot;Digital \u0026 E-commerce Trends&quot;:[{&quot;label&quot;:&quot;E-commerce competition&quot;,&quot;value&quot;:&quot;High Level&quot;,&quot;description&quot;:&quot;Significant online retail competition&quot;},{&quot;label&quot;:&quot;Click-and-collect adoption&quot;,&quot;value&quot;:&quot;35.0&quot;,&quot;description&quot;:&quot;Percentage of sales via click-and-collect&quot;},{&quot;label&quot;:&quot;Internet penetration&quot;,&quot;value&quot;:&quot;82.0&quot;,&quot;description&quot;:&quot;Percentage of population with internet access&quot;}],&quot;Safety \u0026 Security&quot;:[{&quot;label&quot;:&quot;Retail crime rate&quot;,&quot;value&quot;:&quot;1.2&quot;,&quot;description&quot;:&quot;Incidence of retail theft relative to traffic&quot;},{&quot;label&quot;:&quot;Security measures&quot;,&quot;value&quot;:&quot;Advanced Level&quot;,&quot;description&quot;:&quot;CCTV, security personnel, and tech systems&quot;}],&quot;Marketing \u0026 Events&quot;:[{&quot;label&quot;:&quot;Promotional events&quot;,&quot;value&quot;:&quot;60 Events per year&quot;,&quot;description&quot;:&quot;Number of marketing and promotional events&quot;},{&quot;label&quot;:&quot;Loyalty program penetration&quot;,&quot;value&quot;:&quot;45.0&quot;,&quot;description&quot;:&quot;Participation rate in mall loyalty programs&quot;},{&quot;label&quot;:&quot;Digital signage presence&quot;,&quot;value&quot;:&quot;Yes Presence&quot;,&quot;description&quot;:&quot;Digital screens for advertising throughout&quot;}],&quot;Growth Potential&quot;:[{&quot;label&quot;:&quot;Projected foot traffic growth&quot;,&quot;value&quot;:&quot;5.0&quot;,&quot;description&quot;:&quot;Expected annual increase in visitors&quot;},{&quot;label&quot;:&quot;New tenant pipeline&quot;,&quot;value&quot;:&quot;20 New tenants&quot;,&quot;description&quot;:&quot;Upcoming stores in leasing pipeline&quot;},{&quot;label&quot;:&quot;Mall expansion plans&quot;,&quot;value&quot;:&quot;Phase 2 planned Plans&quot;,&quot;description&quot;:&quot;Future expansion initiatives underway&quot;}]}" data-map-mapbox-token-value="pk.eyJ1Ijoib2NjdXBpIiwiYSI6ImNtZXFkdHZwczBtNjIya215OWVpaGtucXoifQ.xiNo8HmyyKim2YrJ3LdqdQ" data-map-nearby-malls-value="{&quot;primary&quot;:[{&quot;id&quot;:2429,&quot;slug&quot;:&quot;ozdilek-park-kayseri&quot;,&quot;name&quot;:&quot;özdilek Park Kayseri&quot;,&quot;lat&quot;:&quot;38.728&quot;,&quot;lng&quot;:&quot;35.523&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Özdilek Park Kayseri, operating as Kayseri Park AVM, is a key regional shopping center in Kayseri, Turkey, established in 2006 with a gross leasable area of about 25,152 square meters and accommodating approximately 130 retail units. Situated in the Melikgazi district at Alparslan Mahallesi, Eşref Bitlis Bulvarı No.10, it offers convenient access via major thoroughfares and proximity to residential areas. The tenant mix features a balanced composition including anchor Özdilek Hipermarket, international fashion brands like Mango, Nike, and LC Waikiki, electronics retailers such as Teknosa and Arçelik, jewelry from Atasay, and leisure amenities including cinemas, bowling, and a diverse food court with outlets like Starbucks. This setup caters to everyday shopping and family outings, strengthening its role in the local retail ecosystem. In Kayseri&#39;s market, characterized by a population exceeding 1.4 million and robust industrial activity in textiles and furniture, the mall maintains a competitive edge through its mid-market positioning amid a growing urban middle class. Leasing opportunities benefit from high visibility and footfall driven by local demographics, with Turkish mall occupancy averaging 95 percent as per 2023 commercial reports. However, prospective tenants should consider drawbacks like economic volatility, with inflation surpassing 60 percent in 2024 impacting consumer spending, and increasing e-commerce penetration at 20 percent of retail sales. Rent levels in similar regional centers range from 20 to 45 USD per square meter monthly, influenced by location and category. Potential risks encompass competition from larger venues like Forum Kayseri (80,000 sqm GLA) and infrastructure maintenance in a 18-year-old facility, though operational quality remains solid with modern amenities supporting dwell times of 2-3 hours.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Kayseri&quot;},&quot;anchor_tenants&quot;:&quot;Decathlon, Vakko, Mango, Nike, LC Waikiki, Abdullah Kiğılı&quot;,&quot;distance&quot;:3.29,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;120&quot;,&quot;gla_sqm&quot;:&quot;27000&quot;,&quot;anchor_tenants&quot;:&quot;Decathlon, Vakko, Mango, Nike, LC Waikiki, Abdullah Kiğılı&quot;}},{&quot;id&quot;:3100,&quot;slug&quot;:&quot;forum-kayseri&quot;,&quot;name&quot;:&quot;Forum Kayseri&quot;,&quot;lat&quot;:&quot;38.7228988&quot;,&quot;lng&quot;:&quot;35.4969865&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Forum Kayseri is a prominent regional shopping center situated on Sivas Boulevard in the eastern sector of Kayseri city center, Turkey. Developed and opened in 2009 by Multi Corporation in partnership with Union Investment, the property spans 150,000 square meters of total construction area, including 65,000 square meters of gross leasable area (GLA) and parking facilities for 2,000 vehicles. It accommodates over 200 tenants, featuring anchor stores such as MediaMarkt for electronics, Boyner for department store offerings, and LC Waikiki for apparel, complemented by a mix of international and local brands across fashion, accessories, beauty, and lifestyle categories. The food and beverage section includes 26 outlets ranging from quick-service to casual dining, alongside a Cinemaximum multiplex cinema that enhances entertainment draw. As one of Central Anatolias largest malls, Forum Kayseri serves the citys metropolitan population of approximately 1.4 million and extends to surrounding provinces, capitalizing on regional economic growth in manufacturing and textiles. The Turkish retail sector maintains high occupancy rates averaging 95 percent as reported in 2023 market data, reflecting resilient demand despite economic pressures. Leasing opportunities are supported by the malls established footfall, estimated at 5-6 million annual visitors based on similar regional centers, and its strategic location ensuring accessibility via major highways and public transit. Tenant mix emphasizes balanced category distribution, with strengths in mid-market fashion and electronics, aiding cross-traffic for smaller retailers. However, prospective lessees should consider drawbacks like increasing competition from newer developments, potential saturation in apparel segments, and sensitivity to national inflation impacting consumer spending in inland markets. Overall, the property offers stable operational quality with modern amenities, though infrastructure maintenance since opening remains a factor in long-term viability.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Kayseri&quot;},&quot;anchor_tenants&quot;:&quot;5M Migros, MediaMarkt, Boyner, LC Waikiki, Flo, Koton, e-Bebek, Cinemaximum, DeFacto&quot;,&quot;distance&quot;:1.37,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;200&quot;,&quot;gla_sqm&quot;:&quot;65000&quot;,&quot;anchor_tenants&quot;:&quot;5M Migros, MediaMarkt, Boyner, LC Waikiki, Flo, Koton, e-Bebek, Cinemaximum, DeFacto&quot;}},{&quot;id&quot;:2430,&quot;slug&quot;:&quot;kayseri-park&quot;,&quot;name&quot;:&quot;Kayseri Park&quot;,&quot;lat&quot;:&quot;38.72&quot;,&quot;lng&quot;:&quot;35.49&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Kayseri Park is a regional shopping center in the Melikgazi district of Kayseri, Turkey, operational since 2006 and managed by Artaş Holding. It spans 25,152 sqm of gross leasable area across three levels with 130 stores. The tenant mix is balanced: 40% fashion brands like Mango, LC Waikiki, and Vakko; 25% sports and leisure including Decathlon and Nike; 20% food and beverage such as Starbucks and Cinemaximum theaters; 15% other categories featuring Teknosa electronics. Occupancy rate holds at 90-95%, bolstered by 5-7 year leases and low 4% vacancy. Monthly footfall averages 650,000 visitors from a 1.2 million person catchment within 30 km, with Kayseri&#39;s total population at 1.4 million. Accessibility is enhanced by proximity to major highways, Kayseray light rail, and 2,000 parking spaces. In Central Anatolia&#39;s secondary market, it benefits from local economic growth in manufacturing and services, though faces 50% inflation and 80% e-commerce penetration. Leasing advantages include flexible unit sizes of 50-500 sqm, base rents of TRY 150-300 per sqm monthly on ground floor plus 8-12% sales turnover, and amenities like wellness rooms and high-tech cinemas promoting 120-minute dwell times. Drawbacks encompass competition from larger Forum Kayseri, aging infrastructure requiring renovations, and seasonal summer footfall reductions due to regional heat.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Kayseri&quot;},&quot;anchor_tenants&quot;:&quot;Decathlon, LC Waikiki, Mango, Vakko&quot;,&quot;distance&quot;:1.31,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;130&quot;,&quot;gla_sqm&quot;:&quot;27000&quot;,&quot;anchor_tenants&quot;:&quot;Decathlon, LC Waikiki, Mango, Vakko&quot;}},{&quot;id&quot;:4712,&quot;slug&quot;:&quot;optimum-kayseri&quot;,&quot;name&quot;:&quot;Optimum Kayseri&quot;,&quot;lat&quot;:&quot;38.731&quot;,&quot;lng&quot;:&quot;35.479&quot;,&quot;property_type&quot;:&quot;Outlet&quot;,&quot;description&quot;:&quot;Optimum Kayseri is an outlet-style shopping center in Kayseri, Turkey, spanning approximately 50,000 square meters of gross leasable area, opened in 2015 as part of the regional expansion of outlet retail concepts. Positioned on the outskirts near major highways, it targets value-driven consumers in central Anatolia&#39;s industrial hub, where Kayseri&#39;s population exceeds 1.4 million with a focus on manufacturing and agriculture. The tenant mix emphasizes discounted fashion and lifestyle brands, including international outlets like Nike, Adidas, LC Waikiki, Koton, and local Turkish chains such as DeFacto and Flo, complemented by a 20% allocation to food and beverage options featuring traditional Kayseri cuisine like mantı and pastırma alongside fast-casual eateries. Entertainment includes a small cinema and kids&#39; play area, enhancing family visits. Market position is as a secondary destination compared to dominant players like Forum Kayseri (100,000 sqm, 15 million annual footfall) and Kayseri Park, but it benefits from outlet pricing drawing cross-regional traffic from Cappadocia tourists and locals seeking bargains. Occupancy stands at 92% per recent commercial reports, supported by annual footfall of around 4-5 million visitors, driven by promotional events. Rent levels range from 15-25 EUR per sqm per month for ground-floor units, lower than prime malls at 30-40 EUR, offering leasing advantages for mid-tier retailers entering the market. Accessibility via E90 highway is strong, but limited public transit and parking for 1,500 cars pose challenges during peaks. Demographic profile includes middle-income families (median household income ~1,000 USD/month) aged 25-45, with high regional loyalty but sensitivity to Turkey&#39;s inflation (over 50% in 2023). Operational quality is average, with modern facade but some reports of maintenance issues in common areas. Strengths include cost-effective entry for tenants and synergy with outlet model boosting dwell time to 90 minutes. Drawbacks encompass competition from e-commerce growth (20% retail shift online) and saturation in fashion categories, risking underperformance in non-peak seasons. Overall, it suits resilient categories like apparel and F\u0026B, but requires careful lease terms to mitigate economic volatility.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Kayseri&quot;},&quot;anchor_tenants&quot;:&quot;Migros, LC Waikiki, Boyner&quot;,&quot;distance&quot;:0.55,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;120&quot;,&quot;gla_sqm&quot;:&quot;40000&quot;,&quot;anchor_tenants&quot;:&quot;Migros, LC Waikiki, Boyner&quot;}},{&quot;id&quot;:3918,&quot;slug&quot;:&quot;optimall-shopping-center&quot;,&quot;name&quot;:&quot;Optimall Shopping Center&quot;,&quot;lat&quot;:&quot;38.7225&quot;,&quot;lng&quot;:&quot;35.492&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Optimall Shopping Center is situated in the Melikgazi district of Kayseri, Turkey, along Sivas Boulevard, providing convenient access to the citys central areas. Opened around the early 2010s, this mid-sized retail property spans approximately 25,000 square meters of gross leasable area, focusing primarily on home improvement, furniture, and lifestyle retail. Key tenants include major anchors like KocTas for hardware and home goods, Istikbal for furniture, and supplementary stores such as carpet retailers, pet supply outlets, and casual dining options. The tenant mix emphasizes home-related categories, aligning with Kayseris strong furniture manufacturing sector, which contributes significantly to the local economy. In the broader Kayseri retail market, Optimall holds a niche position among larger competitors like Forum Kayseri (80,000 sqm) and Kayseri Park (75,000 sqm), attracting around 450,000 monthly visitors, comparable to regional averages for secondary centers. Occupancy rates stand at about 85-90%, supported by stable demand from a catchment area of over 1 million residents within a 30 km radius. Leasing advantages include competitive base rents averaging 25-35 USD per sqm per month, with turnover rents tied to sales performance, offering flexibility for retailers in non-food categories. However, the centers operational quality features basic infrastructure, with some areas showing signs of aging, potentially requiring investments in modernization. Market factors such as Turkeys fluctuating economy and high inflation impact consumer spending, yet the propertys location near major highways enhances accessibility for regional shoppers. Potential challenges involve category saturation in furniture retail and competition from e-commerce platforms eroding physical sales in home goods.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Kayseri&quot;},&quot;anchor_tenants&quot;:&quot;Migros, LC Waikiki, Koçtaş, İstikbal&quot;,&quot;distance&quot;:1.13,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;163&quot;,&quot;gla_sqm&quot;:&quot;42000&quot;,&quot;anchor_tenants&quot;:&quot;Migros, LC Waikiki, Koçtaş, İstikbal&quot;}},{&quot;id&quot;:4542,&quot;slug&quot;:&quot;optimall-avm&quot;,&quot;name&quot;:&quot;Optimall Avm&quot;,&quot;lat&quot;:&quot;38.7325&quot;,&quot;lng&quot;:&quot;35.503&quot;,&quot;property_type&quot;:&quot;Outlet&quot;,&quot;description&quot;:&quot;Optimall AVM, located in the Melikgazi district of Kayseri, Turkey, is a mid-sized shopping center spanning approximately 40,000 square meters of leasable space, with an additional 17,000 square meters dedicated to covered parking. Opened in 2009 by Ender Insaat A.S., it positions itself as a key retail destination in central Anatolia, focusing primarily on home goods, furniture, and outlet retail. The center benefits from Kayseris strong industrial base in manufacturing, particularly furniture and textiles, drawing local middle-class consumers seeking affordable home improvement options. Tenant mix includes major anchors like KocTas for DIY and home improvement, alongside various furniture outlets, apparel stores, cafes, and restaurants, creating a balanced yet specialized environment. Market position is solid within Kayseris competitive retail landscape, which features larger players like Forum Kayseri and Kayseri Park, but Optimall differentiates through its niche in home-related categories, avoiding direct overlap with fashion-heavy malls. Occupancy rates in Kayseri malls average around 95 percent, and Optimall maintains high utilization due to its central location and targeted merchandising. Leasing advantages include relatively lower rent levels compared to Istanbul or Ankara, estimated at 15-25 euros per square meter monthly for ground-floor spaces, with flexible terms for long-term commitments. Accessibility is a strength, situated on Sivas Boulevard with easy access via public buses (lines 269, 450, etc.) and light rail (T1, T3 lines), plus ample parking. However, the citys traffic congestion during peak hours can pose challenges. Demographic profile aligns with Kayseris population of over 1.4 million, predominantly families with moderate incomes (average household around 20,000 TL monthly), supporting steady footfall estimated at 500,000-700,000 visitors annually. Potential drawbacks include aging infrastructure requiring maintenance investments and competition from e-commerce in furniture sales, which has grown post-pandemic. Overall, it offers stable performance for home-focused retailers, with risks tied to economic fluctuations in Turkeys interior regions.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Kayseri&quot;},&quot;anchor_tenants&quot;:&quot;Migros,Koçtaş,İstikbal&quot;,&quot;distance&quot;:1.54,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;200&quot;,&quot;gla_sqm&quot;:&quot;30000&quot;,&quot;anchor_tenants&quot;:&quot;Migros,Koçtaş,İstikbal&quot;}},{&quot;id&quot;:3919,&quot;slug&quot;:&quot;erciyes-park&quot;,&quot;name&quot;:&quot;Erciyes Park&quot;,&quot;lat&quot;:&quot;38.7311&quot;,&quot;lng&quot;:&quot;35.4925&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Erciyes Park is a regional shopping center located in the Melikgazi district of Kayseri, Turkey, operational since 2006 and managed by a major holding company. It spans approximately 30,000 square meters of gross leasable area (GLA) with 130 stores across categories including fashion, sports, electronics, and dining. The tenant mix features international and national brands such as Decathlon for sporting goods, Teknosa for electronics, Vakko and Mango for apparel, Nike and LC Waikiki for sportswear, alongside food and beverage options like Starbucks. This diversity supports broad appeal to local shoppers. The mall serves a primary catchment of 1.2 million residents within 30 km, drawing from Kayseri&#39;s urban population of 1.4 million, characterized by a median age of 32 years, 95% literacy rate, and an economy dominated by manufacturing and services. Monthly footfall reaches 650,000 visitors, peaking during weekends and holidays, driven by family outings and events. Occupancy stands at 90-95%, reflecting stability in secondary Turkish markets with low tenant turnover due to 5-7 year leases. In terms of market position, Erciyes Park ranks among the larger centers in Central Anatolia, benefiting from steady regional growth, but faces competition from Forum Kayseri, which has a larger 153,000 sqm GLA and stronger entertainment draw. Leasing advantages include flexible space configurations from 50 to 500 sqm, competitive base rents supplemented by turnover-based percentages tied to sales performance, making it suitable for mid-tier retailers seeking balanced exposure. Accessibility is facilitated by proximity to major roads and public transport, though winter snow near Erciyes mountain can pose challenges. Operational quality is solid with recent renovations, advanced cinema facilities, and amenities like health and baby rooms. However, potential drawbacks encompass seasonal footfall dips in summer due to heat and winter diversions to ski areas, rising operational costs from Turkey&#39;s inflation, market saturation in apparel categories, and risks from industrial sector slowdowns reducing discretionary spending by 10-15% annually, per regional retail reports.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Kayseri&quot;},&quot;anchor_tenants&quot;:&quot;Decathlon, LC Waikiki, Mango, Vakko, Teknosa&quot;,&quot;distance&quot;:0.62,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;100&quot;,&quot;gla_sqm&quot;:&quot;25132&quot;,&quot;anchor_tenants&quot;:&quot;Decathlon, LC Waikiki, Mango, Vakko, Teknosa&quot;}}],&quot;secondary&quot;:[{&quot;id&quot;:4543,&quot;slug&quot;:&quot;kumsmall-factory&quot;,&quot;name&quot;:&quot;Kumsmall Factory&quot;,&quot;lat&quot;:&quot;38.77855&quot;,&quot;lng&quot;:&quot;35.42698&quot;,&quot;property_type&quot;:&quot;Mixed-Use&quot;,&quot;description&quot;:&quot;KUMSmall Factory, located in Kocasinan district on the northern ring road of Kayseri, Turkey, is recognized as the largest mixed-use shopping center in Europe and Turkey, spanning approximately 300,000 square meters of indoor space. Opened on October 29, 2020, it features over 600 stores focused on furniture, textiles, fashion brands, and home decor, alongside entertainment options, fast food outlets, restaurants, and playgrounds. The tenant mix emphasizes industrial strengths of Kayseri, a major furniture production hub, with more than 3,500 manufacturers participating in annual furniture fairs hosted on-site. Accessibility is enhanced by proximity to Kayseri City Hospital, intercity bus terminal, and Erkilet Airport, with ongoing developments including a tram line and high-speed rail station nearby, expected to boost regional draw. Market position is strong in the Central Anatolia region, serving a population of about 1.4 million in Kayseri and surrounding provinces, where the local economy thrives on manufacturing and exports. Occupancy appears high given its newness and size, though specific rates are not publicly detailed; general Turkish mall occupancy hovers around 85-95% post-pandemic. Rent levels in similar Kayseri properties range from 15-40 USD per square meter monthly, influenced by location and tenant type. Leasing advantages include large parking for thousands of vehicles, potential for high footfall from fair events drawing wholesalers and retailers, and a diverse mix reducing category saturation risks. However, challenges involve competition from established malls like Forum Kayseri and potential infrastructure delays in transport links. Demographic profile targets middle-income families and professionals in manufacturing sectors, with average household income around 800-1,200 USD monthly. Operational quality benefits from modern design, awarded in International Property Awards 2017-2018 for retail architecture. Overall, it offers robust expansion potential for retailers in furniture and lifestyle categories amid regional growth.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Kayseri&quot;},&quot;anchor_tenants&quot;:&quot;LC Waikiki, Mavi Jeans, Boyner, Furniture Brands&quot;,&quot;distance&quot;:7.3,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;400&quot;,&quot;gla_sqm&quot;:&quot;180000&quot;,&quot;anchor_tenants&quot;:&quot;LC Waikiki, Mavi Jeans, Boyner, Furniture Brands&quot;}}],&quot;outside&quot;:[]}" data-map-update-url-value="/malls/midpoint" id="mall-map-wrapper"><div data-city="Kayseri" data-current-mall="true" data-id="midpoint" data-lat="38.7312" data-lng="35.4853" data-map-target="mall" data-name="Midpoint" style="display: none;"></div><div data-map-target="map" id="map"></div><div class="demographic-panel collapsed" data-map-target="demographicPanel"><div class="panel-header"><h4><i aria-hidden="true" class="ri-bar-chart-line"></i> Market Demographics</h4><button class="toggle-btn" onclick="this.parentElement.parentElement.classList.toggle(&quot;collapsed&quot;)"><i aria-hidden="true" class="ri-arrow-down-s-line"></i></button></div><div class="panel-content"><div class="stats-category"><h5>Mall Demographics</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">5 km radius</div><div class="stat-label">Primary Catchment Area</div></div><div class="stat-card"><div class="stat-value">10 km radius</div><div class="stat-label">Secondary Catchment Area</div></div><div class="stat-card"><div class="stat-value">1,200,000 People</div><div class="stat-label">Catchment area population</div></div><div class="stat-card"><div class="stat-value">2.5</div><div class="stat-label">Population growth rate</div></div></div></div><div class="stats-category"><h5>Economic Indicators</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">240,000 TL per year</div><div class="stat-label">Median household income</div></div><div class="stat-card"><div class="stat-value">8.9</div><div class="stat-label">Unemployment rate</div></div><div class="stat-card"><div class="stat-value">120 Index points</div><div class="stat-label">Cost of living index</div></div></div></div><div class="stats-category"><h5>Consumer Spending</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">4,500 USD per year</div><div class="stat-label">Retail spending per capita</div></div><div class="stat-card"><div class="stat-value">500 USD per year</div><div class="stat-label">Spending on apparel</div></div><div class="stat-card"><div class="stat-value">2,000 USD per year</div><div class="stat-label">Spending on groceries</div></div><div class="stat-card"><div class="stat-value">300 USD per year</div><div class="stat-label">Spending on electronics</div></div></div></div><div class="stats-category"><h5>Mall Traffic &amp; Performance</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">25,000,000 Visitors</div><div class="stat-label">Annual foot traffic</div></div><div class="stat-card"><div class="stat-value">2.5 Hours</div><div class="stat-label">Dwell time</div></div><div class="stat-card"><div class="stat-value">25.0</div><div class="stat-label">Conversion rate</div></div><div class="stat-card"><div class="stat-value">13,743 TL per sqm</div><div class="stat-label">Sales per square meter</div></div></div></div><div class="stats-category"><h5>Competition &amp; Tenant Mix</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">300 Stores</div><div class="stat-label">Number of retail stores</div></div><div class="stat-card"><div class="stat-value">Yes Presence</div><div class="stat-label">Anchor tenant presence</div></div><div class="stat-card"><div class="stat-value">4 Malls per 10km</div><div class="stat-label">Competitor density (same category)</div></div><div class="stat-card"><div class="stat-value">High Level</div><div class="stat-label">Tenant diversity</div></div></div></div><div class="stats-category"><h5>Real Estate &amp; Leasing</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">40,000 sqm</div><div class="stat-label">Gross Leasable Area</div></div><div class="stat-card"><div class="stat-value">4 Levels</div><div class="stat-label">Number of Levels</div></div><div class="stat-card"><div class="stat-value">60 EUR per sqm per month</div><div class="stat-label">Average rent per square meter</div></div><div class="stat-card"><div class="stat-value">5.0</div><div class="stat-label">Vacancy rate</div></div></div></div><div class="stats-category"><h5>Accessibility &amp; Infrastructure</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">Direct access Access</div><div class="stat-label">Proximity to main roads</div></div><div class="stat-card"><div class="stat-value">High Access</div><div class="stat-label">Public transport access</div></div><div class="stat-card"><div class="stat-value">4,000 Spaces</div><div class="stat-label">Parking spaces</div></div><div class="stat-card"><div class="stat-value">High Level</div><div class="stat-label">Pedestrian traffic</div></div></div></div><div class="stats-category"><h5>Digital &amp; E-commerce Trends</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">High Level</div><div class="stat-label">E-commerce competition</div></div><div class="stat-card"><div class="stat-value">35.0</div><div class="stat-label">Click-and-collect adoption</div></div><div class="stat-card"><div class="stat-value">82.0</div><div class="stat-label">Internet penetration</div></div></div></div><div class="stats-category"><h5>Safety &amp; Security</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">1.2</div><div class="stat-label">Retail crime rate</div></div><div class="stat-card"><div class="stat-value">Advanced Level</div><div class="stat-label">Security measures</div></div></div></div><div class="stats-category"><h5>Marketing &amp; Events</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">60 Events per year</div><div class="stat-label">Promotional events</div></div><div class="stat-card"><div class="stat-value">45.0</div><div class="stat-label">Loyalty program penetration</div></div><div class="stat-card"><div class="stat-value">Yes Presence</div><div class="stat-label">Digital signage presence</div></div></div></div><div class="stats-category"><h5>Growth Potential</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">5.0</div><div class="stat-label">Projected foot traffic growth</div></div><div class="stat-card"><div class="stat-value">20 New tenants</div><div class="stat-label">New tenant pipeline</div></div><div class="stat-card"><div class="stat-value">Phase 2 planned Plans</div><div class="stat-label">Mall expansion plans</div></div></div></div></div></div></div></template></turbo-stream>