<turbo-stream action="replace" target="mall-map-wrapper"><template><div data-controller="map" data-lat="11.8469" data-lng="13.1571" data-map-catchment-data-value="{&quot;lat&quot;:&quot;11.8469&quot;,&quot;lng&quot;:&quot;13.1571&quot;,&quot;primary_radius&quot;:5.0,&quot;secondary_radius&quot;:15.0,&quot;population&quot;:1500000}" data-map-demographic-summary-value="{&quot;Mall Demographics&quot;:[{&quot;label&quot;:&quot;Primary Catchment Area&quot;,&quot;value&quot;:&quot;300,000 People&quot;,&quot;description&quot;:&quot;Estimated primary catchment within 10km radius, based on Maiduguri urban population&quot;},{&quot;label&quot;:&quot;Secondary Catchment Area&quot;,&quot;value&quot;:&quot;1,200,000 People&quot;,&quot;description&quot;:&quot;Estimated secondary catchment within 50km, drawing from Borno State rural areas&quot;},{&quot;label&quot;:&quot;Catchment area population&quot;,&quot;value&quot;:&quot;1,500,000 People&quot;,&quot;description&quot;:&quot;Total estimated population in combined catchment areas, indicating potential customer base&quot;},{&quot;label&quot;:&quot;Population growth rate&quot;,&quot;value&quot;:&quot;2.8&quot;,&quot;description&quot;:&quot;Annual growth rate for Maiduguri metro area from 2022-2023&quot;},{&quot;label&quot;:&quot;Median age&quot;,&quot;value&quot;:&quot;18 Years&quot;,&quot;description&quot;:&quot;Median age in Borno State, aligned with national Nigeria average&quot;},{&quot;label&quot;:&quot;Household size&quot;,&quot;value&quot;:&quot;4.6 Persons&quot;,&quot;description&quot;:&quot;Average household size in Nigeria, applicable to Borno region&quot;},{&quot;label&quot;:&quot;Education level (tertiary)&quot;,&quot;value&quot;:&quot;10.0&quot;,&quot;description&quot;:&quot;Percentage of population with tertiary education in Borno State, estimated low due to regional challenges&quot;}],&quot;Economic Indicators&quot;:[{&quot;label&quot;:&quot;Median household income&quot;,&quot;value&quot;:&quot;1,200 USD per year&quot;,&quot;description&quot;:&quot;Estimated median annual household income in Borno State, lower than national average&quot;},{&quot;label&quot;:&quot;Unemployment rate&quot;,&quot;value&quot;:&quot;7.3&quot;,&quot;description&quot;:&quot;Unemployment rate in Borno State for 2023&quot;},{&quot;label&quot;:&quot;Cost of living index&quot;,&quot;value&quot;:&quot;35 Index (US=100)&quot;,&quot;description&quot;:&quot;Cost of living index for Maiduguri, reflecting lower urban costs in northern Nigeria&quot;}],&quot;Consumer Spending&quot;:[{&quot;label&quot;:&quot;Retail spending per capita&quot;,&quot;value&quot;:&quot;500 USD per year&quot;,&quot;description&quot;:&quot;Estimated annual retail spending per capita in Borno region&quot;},{&quot;label&quot;:&quot;Spending on apparel&quot;,&quot;value&quot;:&quot;45 USD per year&quot;,&quot;description&quot;:&quot;Annual per capita spending on apparel, based on national market data&quot;},{&quot;label&quot;:&quot;Spending on groceries&quot;,&quot;value&quot;:&quot;200 USD per year&quot;,&quot;description&quot;:&quot;Estimated annual per capita spending on groceries in regional context&quot;},{&quot;label&quot;:&quot;Spending on electronics&quot;,&quot;value&quot;:&quot;75 USD per year&quot;,&quot;description&quot;:&quot;Annual per capita spending on electronics from national forecasts&quot;}],&quot;Mall Traffic \u0026 Performance&quot;:[{&quot;label&quot;:&quot;Annual foot traffic&quot;,&quot;value&quot;:&quot;1,000,000 Visitors&quot;,&quot;description&quot;:&quot;Estimated annual visitors to the mall, based on similar Novare properties in secondary cities&quot;},{&quot;label&quot;:&quot;Dwell time&quot;,&quot;value&quot;:&quot;90 Minutes&quot;,&quot;description&quot;:&quot;Average time visitors spend in the mall, standard for regional shopping centers&quot;},{&quot;label&quot;:&quot;Conversion rate&quot;,&quot;value&quot;:&quot;20.0&quot;,&quot;description&quot;:&quot;Percentage of visitors making a purchase, estimated for Nigerian malls&quot;},{&quot;label&quot;:&quot;Sales per square meter&quot;,&quot;value&quot;:&quot;500 USD per year&quot;,&quot;description&quot;:&quot;Annual sales per square meter of retail space, estimated for mid-tier mall&quot;}],&quot;Competition \u0026 Tenant Mix&quot;:[{&quot;label&quot;:&quot;Number of retail stores&quot;,&quot;value&quot;:&quot;50 Stores&quot;,&quot;description&quot;:&quot;Approximate 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;Anchor tenants like Shoprite present, similar to other Novare malls&quot;},{&quot;label&quot;:&quot;Competitor density (same category)&quot;,&quot;value&quot;:&quot;Low Density&quot;,&quot;description&quot;:&quot;Low density of competing malls in Maiduguri area&quot;},{&quot;label&quot;:&quot;Tenant diversity&quot;,&quot;value&quot;:&quot;Medium Diversity&quot;,&quot;description&quot;:&quot;Mix of local and international tenants, moderate diversity&quot;},{&quot;label&quot;:&quot;Unique Concepts&quot;,&quot;value&quot;:&quot;5 Concepts&quot;,&quot;description&quot;:&quot;Number of unique retail or entertainment concepts&quot;}],&quot;Real Estate \u0026 Leasing&quot;:[{&quot;label&quot;:&quot;Gross Leasable Area&quot;,&quot;value&quot;:&quot;12,000 sqm&quot;,&quot;description&quot;:&quot;Total gross leasable area, estimated for Novare regional mall&quot;},{&quot;label&quot;:&quot;Number of Levels&quot;,&quot;value&quot;:&quot;2 Levels&quot;,&quot;description&quot;:&quot;Number of shopping levels in the mall&quot;},{&quot;label&quot;:&quot;Average rent per square meter&quot;,&quot;value&quot;:&quot;25 USD per month&quot;,&quot;description&quot;:&quot;Average monthly rent per square meter in Nigerian secondary city malls&quot;},{&quot;label&quot;:&quot;Vacancy rate&quot;,&quot;value&quot;:&quot;8.0&quot;,&quot;description&quot;:&quot;Current vacancy rate, based on national retail trends&quot;},{&quot;label&quot;:&quot;Lease term flexibility&quot;,&quot;value&quot;:&quot;Medium Flexibility&quot;,&quot;description&quot;:&quot;Standard 3-5 year leases with some negotiation flexibility&quot;},{&quot;label&quot;:&quot;Available retail space&quot;,&quot;value&quot;:&quot;1,600 Square meters&quot;,&quot;description&quot;:&quot;Estimated available leasable space&quot;}],&quot;Accessibility \u0026 Infrastructure&quot;:[{&quot;label&quot;:&quot;Proximity to main roads&quot;,&quot;value&quot;:&quot;Direct Access&quot;,&quot;description&quot;:&quot;Direct access to major roads in Maiduguri&quot;},{&quot;label&quot;:&quot;Public transport access&quot;,&quot;value&quot;:&quot;Medium Access&quot;,&quot;description&quot;:&quot;Moderate public transport connectivity&quot;},{&quot;label&quot;:&quot;Parking spaces&quot;,&quot;value&quot;:&quot;500 Spaces&quot;,&quot;description&quot;:&quot;Number of parking spaces available&quot;},{&quot;label&quot;:&quot;Pedestrian traffic&quot;,&quot;value&quot;:&quot;Medium Traffic&quot;,&quot;description&quot;:&quot;Moderate pedestrian footfall due to urban location&quot;}],&quot;Digital \u0026 E-commerce Trends&quot;:[{&quot;label&quot;:&quot;E-commerce competition&quot;,&quot;value&quot;:&quot;High Competition&quot;,&quot;description&quot;:&quot;Strong competition from platforms like Jumia in Nigeria&quot;},{&quot;label&quot;:&quot;Click-and-collect adoption&quot;,&quot;value&quot;:&quot;30.0&quot;,&quot;description&quot;:&quot;Adoption rate of click-and-collect services, growing in urban areas&quot;},{&quot;label&quot;:&quot;Internet penetration&quot;,&quot;value&quot;:&quot;30.0&quot;,&quot;description&quot;:&quot;Internet penetration rate in Borno State, lower than national 45%&quot;}],&quot;Safety \u0026 Security&quot;:[{&quot;label&quot;:&quot;Retail crime rate&quot;,&quot;value&quot;:&quot;High Rate&quot;,&quot;description&quot;:&quot;Elevated due to regional insecurity in northeast Nigeria&quot;},{&quot;label&quot;:&quot;Security measures&quot;,&quot;value&quot;:&quot;Advanced Measures&quot;,&quot;description&quot;:&quot;CCTV, guards, and partnerships for enhanced security&quot;}],&quot;Marketing \u0026 Events&quot;:[{&quot;label&quot;:&quot;Promotional events&quot;,&quot;value&quot;:&quot;12 Events per year&quot;,&quot;description&quot;:&quot;Annual promotional and seasonal events&quot;},{&quot;label&quot;:&quot;Loyalty program penetration&quot;,&quot;value&quot;:&quot;20.0&quot;,&quot;description&quot;:&quot;Penetration of Novare Loyalty and Rewards program&quot;},{&quot;label&quot;:&quot;Digital signage presence&quot;,&quot;value&quot;:&quot;Yes Presence&quot;,&quot;description&quot;:&quot;Digital signage installed throughout the mall&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 growth in foot traffic&quot;},{&quot;label&quot;:&quot;New tenant pipeline&quot;,&quot;value&quot;:&quot;10 Tenants&quot;,&quot;description&quot;:&quot;Number of potential new tenants in pipeline&quot;},{&quot;label&quot;:&quot;Mall expansion plans&quot;,&quot;value&quot;:&quot;Planned Plans&quot;,&quot;description&quot;:&quot;Novare&#39;s broader expansion strategy includes potential upgrades&quot;}]}" data-map-mapbox-token-value="pk.eyJ1Ijoib2NjdXBpIiwiYSI6ImNtZXFkdHZwczBtNjIya215OWVpaGtucXoifQ.xiNo8HmyyKim2YrJ3LdqdQ" data-map-nearby-malls-value="{&quot;primary&quot;:[{&quot;id&quot;:4241,&quot;slug&quot;:&quot;maiduguri-central-mall&quot;,&quot;name&quot;:&quot;Maiduguri Central Mall&quot;,&quot;lat&quot;:&quot;11.8469&quot;,&quot;lng&quot;:&quot;13.1571&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Maiduguri Central Mall is a mid-sized shopping center located in the heart of Maiduguri, Borno State, Nigeria, spanning approximately 15,000 square meters with two levels of retail space. Opened in 2015, it serves as one of the few modern retail destinations in the region, catering primarily to the local urban population amid a landscape dominated by traditional open-air markets. The tenant mix includes anchor stores like a major supermarket chain occupying 20% of the space, alongside mid-tier fashion outlets, electronics shops, pharmacies, and a central food court featuring local and international cuisine options. Occupancy stands at around 85%, reflecting steady demand despite regional security challenges from ongoing insurgency in northeast Nigeria. Rent levels are competitive, averaging NGN 5,000 per square meter annually, lower than in Lagos or Abuja due to market dynamics, offering cost advantages for retailers entering the northern market. Accessibility is facilitated by proximity to major roads like the Maiduguri-Damaturu highway, though public transport is limited and security checkpoints can impact traffic flow. The surrounding demographic profile consists of a young, growing population of about 1.2 million in Maiduguri, with median household income around NGN 150,000 monthly, driven by civil service, agriculture, and informal trade. Market position is niche, focusing on convenience retail rather than luxury, with footfall estimated at 5,000-7,000 visitors daily on weekends, bolstered by family-oriented events. Leasing advantages include flexible terms with incentives for long-term commitments (5+ years) and opportunities for pop-up spaces, but drawbacks involve periodic disruptions from security alerts and competition from informal markets like the historic Monday Market, which draws larger crowds for bargain shopping. Overall, it provides a stable platform for retailers targeting everyday essentials in a recovering economy, though investors should monitor geopolitical risks.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Maiduguri&quot;},&quot;anchor_tenants&quot;:&quot;Local Supermarket, Fashion Outlets, Food Court&quot;,&quot;distance&quot;:0.0,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;50&quot;,&quot;gla_sqm&quot;:&quot;12000&quot;,&quot;anchor_tenants&quot;:&quot;Local Supermarket, Fashion Outlets, Food Court&quot;}},{&quot;id&quot;:4103,&quot;slug&quot;:&quot;maiduguri-monday-market&quot;,&quot;name&quot;:&quot;Maiduguri Monday Market&quot;,&quot;lat&quot;:&quot;11.836&quot;,&quot;lng&quot;:&quot;13.1534&quot;,&quot;property_type&quot;:&quot;Shopping Centre&quot;,&quot;description&quot;:&quot;Maiduguri Monday Market, located in the Hausari district of Maiduguri, Borno State, Nigeria, stands as the largest and most significant traditional marketplace in the region, serving as a central hub for commerce in North-Eastern Nigeria. Established in the early 1970s to accommodate growing trade activities, the market was rebuilt in 1985 following a major fire and underwent significant reconstruction after another devastating fire in February 2023 that destroyed over 13,000 shops and impacted approximately 20,000 traders. The revamped facility, reopened in October 2023, now features around 8,000 government-rented shops, kiosks, and open stalls with improved infrastructure including spacious, airy layouts and walkways wide enough for vehicles, enhancing accessibility and safety. The tenant mix is diverse, encompassing local and regional vendors selling fresh produce, grains, spices, textiles, handcrafted goods, household items, and imported products from neighboring countries like Chad and Niger. Prior to the Boko Haram insurgency, the market attracted international and interstate traders, generating daily turnovers estimated between N1 billion and N10 billion; post-conflict recovery has seen gradual restoration of trade volumes, though still below peak levels. Footfall peaks on Mondays, drawing thousands of local shoppers from Maiduguris approximately 1 million residents, supplemented by rural visitors. Leasing opportunities are primarily through government-managed allocations for formal shops, with informal daily or weekly stall rentals available; post-rebuild, two-year rent waivers were granted to 8,000 traders to aid recovery, indicating supportive policies for new entrants. The markets position benefits from its central location near major roads like Ahmadu Bello Way and Baga Road, offering good accessibility via public transport, though security concerns from ongoing regional instability pose risks. Occupancy remains high, with a waitlist of over 2,800 traders, reflecting strong demand. However, challenges include vulnerability to natural disasters like recent floods and historical fires, alongside competition from smaller local markets and modern retail outlets emerging in Maiduguri. Overall, it provides affordable entry for retailers targeting low-to-middle income consumers in a recovering economy, with potential for high volume sales in essential goods categories but requiring resilience to operational disruptions.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Maiduguri&quot;},&quot;anchor_tenants&quot;:&quot;Various local vendors&quot;,&quot;distance&quot;:1.28,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;8000&quot;,&quot;gla_sqm&quot;:&quot;40000&quot;,&quot;anchor_tenants&quot;:&quot;Various local vendors&quot;}}],&quot;secondary&quot;:[],&quot;outside&quot;:[]}" data-map-update-url-value="/malls/novare-mall-maiduguri" id="mall-map-wrapper"><div data-city="Maiduguri" data-current-mall="true" data-id="novare-mall-maiduguri" data-lat="11.8469" data-lng="13.1571" data-map-target="mall" data-name="Novare Mall Maiduguri" 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">300,000 People</div><div class="stat-label">Primary Catchment Area</div></div><div class="stat-card"><div class="stat-value">1,200,000 People</div><div class="stat-label">Secondary Catchment Area</div></div><div class="stat-card"><div class="stat-value">1,500,000 People</div><div class="stat-label">Catchment area population</div></div><div class="stat-card"><div class="stat-value">2.8</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">1,200 USD per year</div><div class="stat-label">Median household income</div></div><div class="stat-card"><div class="stat-value">7.3</div><div class="stat-label">Unemployment rate</div></div><div class="stat-card"><div class="stat-value">35 Index (US=100)</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">500 USD per year</div><div class="stat-label">Retail spending per capita</div></div><div class="stat-card"><div class="stat-value">45 USD per year</div><div class="stat-label">Spending on apparel</div></div><div class="stat-card"><div class="stat-value">200 USD per year</div><div class="stat-label">Spending on groceries</div></div><div class="stat-card"><div class="stat-value">75 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">1,000,000 Visitors</div><div class="stat-label">Annual foot traffic</div></div><div class="stat-card"><div class="stat-value">90 Minutes</div><div class="stat-label">Dwell time</div></div><div class="stat-card"><div class="stat-value">20.0</div><div class="stat-label">Conversion rate</div></div><div class="stat-card"><div class="stat-value">500 USD per year</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">50 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">Low Density</div><div class="stat-label">Competitor density (same category)</div></div><div class="stat-card"><div class="stat-value">Medium Diversity</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">12,000 sqm</div><div class="stat-label">Gross Leasable Area</div></div><div class="stat-card"><div class="stat-value">2 Levels</div><div class="stat-label">Number of Levels</div></div><div class="stat-card"><div class="stat-value">25 USD per month</div><div class="stat-label">Average rent per square meter</div></div><div class="stat-card"><div class="stat-value">8.0</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</div><div class="stat-label">Proximity to main roads</div></div><div class="stat-card"><div class="stat-value">Medium Access</div><div class="stat-label">Public transport access</div></div><div class="stat-card"><div class="stat-value">500 Spaces</div><div class="stat-label">Parking spaces</div></div><div class="stat-card"><div class="stat-value">Medium Traffic</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 Competition</div><div class="stat-label">E-commerce competition</div></div><div class="stat-card"><div class="stat-value">30.0</div><div class="stat-label">Click-and-collect adoption</div></div><div class="stat-card"><div class="stat-value">30.0</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">High Rate</div><div class="stat-label">Retail crime rate</div></div><div class="stat-card"><div class="stat-value">Advanced Measures</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">12 Events per year</div><div class="stat-label">Promotional events</div></div><div class="stat-card"><div class="stat-value">20.0</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">10 Tenants</div><div class="stat-label">New tenant pipeline</div></div><div class="stat-card"><div class="stat-value">Planned Plans</div><div class="stat-label">Mall expansion plans</div></div></div></div></div></div></div></template></turbo-stream>