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National ChainsOutlet & Off-PriceHypermarket TrafficMid-Market FashionFamily Entertainment

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Ultra-Luxury PositioningPremium PositioningSmall Format Retail
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Mirage Mall in New Cairo is a mid-sized shopping center located in a growing commercial district. The mall offers a mix of local and international brands, along with entertainment and dining options. It is situated in a rapidly developing area, with increasing foot traffic due to the area's ongoing residential and business developments. The mall is well-maintained, but it is not as high-end as other nearby shopping centers, which may affect its appeal to premium retailers.

Its layout is spacious, but signage could be improved to better guide customers to key stores and attractions.

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Hours of Operation

Hours

Checking...
Monday09:00 AM — 12:00 AM
Tuesday09:00 AM — 12:00 AM
Wednesday09:00 AM — 12:00 AM
Thursday09:00 AM — 12:00 AM
Friday09:00 AM — 12:00 AM
Saturday09:00 AM — 12:00 AM
Sunday09:00 AM — 12:00 AM
Holiday Hours

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

Moustafa Kamel Axis, New Cairo, Egypt

Insights

Location Development

The surrounding area of New Cairo is undergoing rapid development, with increasing residential and commercial projects that could boost foot traffic in the coming years, making it an appealing location for long-term retail investment.

Retail Mix

While Mirage Mall offers a balanced retail mix, it may not attract high-end brands due to its mid-tier positioning. Retailers looking to target premium shoppers may need to reconsider their presence here.

Foot Traffic

Although the mall sees consistent foot traffic, it tends to be lower compared to more established and high-end centers in the area, which could impact the sales potential of stores relying on high volumes of shoppers.

Building Details

Property Type
Community
Gross Leasable Area
21,000
Year Built
2015
Parking Spaces
560
Average Monthly Footfall
250,000
Owner
New Hawai for Tourism & Investments
Anchor Tenants
Carrefour, D Outlet, EGO Outlet, LC Outlet

Detailed Market Analytics

Primary Catchment Area
5 km
Secondary Catchment Area
15 km
Catchment area population
500,000 People
Population growth rate
1.5 %
Median age
30 Years
Household size
4.2 People
Education level (tertiary)
25.0 %

Median household income
6,000 USD per year
Unemployment rate
7.5 %
Cost of living index
60 Index

Retail spending per capita
1,200 USD per year
Spending on apparel
300 USD per year
Spending on groceries
500 USD per year
Spending on electronics
150 USD per year

Annual foot traffic
3,000,000 Visitors
Dwell time
2.5 Hours
Conversion rate
30.0 %
Sales per square meter
2,500 USD per year

Number of retail stores
250 Stores
Anchor tenant presence
Yes
Competitor density (same category)
3 Malls within 10 km
Tenant diversity
60.0 %
Unique Concepts
10 Stores

Number of Levels
6 Levels
Average rent per square meter
30 USD per month
Vacancy rate
5.0 %
Lease term flexibility
Medium
Available retail space
1,050 Square Meters
Gross Leasable Area
21,000 Square meters

Proximity to main roads
0.5 km
Public transport access
Yes
Parking spaces
560 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
12 Events per year
Loyalty program penetration
25.0 %
Digital signage presence
Yes

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

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City Snapshot
New Cairo

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