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Novare Apo Mall, located in the bustling city of Abuja, offers a modern shopping experience with a mix of local and international brands.

The mall features a spacious layout with well-maintained facilities, providing an ideal environment for both shopping and leisure activities. Its prime location, ample parking space, and variety of retail offerings make it a popular destination for both residents and tourists alike.

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Hours of Operation

Hours

Checking...
Monday09:00 AM — 09:00 PM
Tuesday09:00 AM — 09:00 PM
Wednesday09:00 AM — 09:00 PM
Thursday09:00 AM — 09:00 PM
Friday09:00 AM — 09:00 PM
Saturday09:00 AM — 09:00 PM
Sunday09:00 AM — 09:00 PM
Holiday Hours

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

Murtala Mohammed Express Way, Abuja, Nigeria

Insights

Retail Mix

Novare Apo Mall boasts a diverse retail mix, with a combination of fashion, electronics, and dining options, catering to the needs of various customer segments.

Location Advantage

The mall’s strategic location in the heart of Abuja offers easy accessibility to shoppers from different parts of the city, enhancing foot traffic and customer convenience.

Leisure and Entertainment

The inclusion of entertainment options such as cinemas and recreational spaces at Novare Apo Mall adds to its appeal, offering customers a well-rounded shopping experience beyond just retail.

Building Details

Property Type
Neighborhood
Gross Leasable Area
8267
Year Built
2012
Parking Spaces
70
Average Monthly Footfall
208,333
Owner
Novare Equity Partners
Anchor Tenants
Shoprite, KFC, Mr Price, MTN, LG, Adidas

Detailed Market Analytics

Primary Catchment Area
5 km
Secondary Catchment Area
15 km
Catchment area population
500,000 People
Population growth rate
2.5 %
Median age
28 Years
Household size
4.5 People
Education level (tertiary)
35.0 %

Median household income
12,000 USD per year
Unemployment rate
15.0 %
Cost of living index
65 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
200 USD per year

Annual foot traffic
2,500,000 Visitors
Dwell time
90 Minutes
Conversion rate
25.0 %
Sales per square meter
3,500 USD per year

Number of retail stores
20 Stores
Anchor tenant presence
Yes
Competitor density (same category)
3 Malls within 15 km
Tenant diversity
70.0 %
Unique Concepts
10.0 %

Number of Levels
2 Levels
Average rent per square meter
30 USD per month
Vacancy rate
10.0 %
Lease term flexibility
Moderate
Available retail space
827 SQUARE METERS
Gross Leasable Area
8,267 Square meters

Proximity to main roads
0.5 km
Public transport access
Yes
Parking spaces
70 Spaces
Pedestrian traffic
High

E-commerce competition
High
Click-and-collect adoption
20.0 %
Internet penetration
60.0 %

Retail crime rate
Moderate
Security measures
High

Promotional events
12 Events per year
Loyalty program penetration
15.0 %
Digital signage presence
Yes

Projected foot traffic growth
5.0 %
New tenant pipeline
5 New stores
Mall expansion plans
No
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Abuja

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Abuja

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