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Mall of Kirkuk is a multi-story shopping mall located in Kirkuk, Iraq, designed to cater to both local and international brands.

The mall features a range of retail outlets, restaurants, and entertainment options. While it aims to attract high-end shoppers, it is limited by its location in a region that has experienced political instability and economic challenges in recent years. The mall serves a growing population with a variety of commercial and residential developments in the vicinity. It is equipped with modern amenities, including large parking spaces, a food court, and entertainment areas.

However, the retail experience is hampered by inconsistent foot traffic due to security concerns and periodic disruptions in the area. Rent prices are competitive, but the location’s instability could lead to long-term volatility in leasing conditions.

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Hours of Operation

Hours

Checking...
Monday11:00 AM — 11:00 PM
Tuesday11:00 AM — 11:00 PM
Wednesday11:00 AM — 11:00 PM
Thursday11:00 AM — 12:00 AM
Friday11:00 AM — 12:00 AM
Saturday11:00 AM — 11:00 PM
Sunday11:00 AM — 11:00 PM
Holiday Hours

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

Baghdad St., Kirkuk, Iraq

Insights

Location Risk

The mall's location in Kirkuk, Iraq, presents significant risks due to periodic security concerns and political instability, which can affect foot traffic and retail operations. Leasing in such an environment can lead to unpredictable conditions, including sudden changes in demand and rent pricing.

Foot Traffic

Foot traffic in the mall is irregular, with higher visits during weekends and holidays. However, inconsistent security in the region means that customers may hesitate to visit the area, particularly for high-end retailers. Retailers should consider the unpredictability of customer visits when planning their business strategy.

Competitive Rent Pricing

Rent prices at Mall of Kirkuk are relatively affordable compared to malls in more stable regions. This could be an advantage for retailers looking for cost-effective leases, but they must weigh this against the potential financial risk posed by the region’s instability. While short-term cost savings may seem attractive, the long-term outlook could be uncertain, with fluctuating demand impacting retail profitability.

Building Details

Property Type
Community
Gross Leasable Area
28,000
Year Built
2022
Parking Spaces
1200
Average Monthly Footfall
166,667
Owner
Hawkary GroupManarat Almudn
Anchor Tenants
Smile Land Indoor Playground, Hypermarket, Cinema, LCW, Defacto, Koton, Maximall, Shopping Shop, Colin's, Mado

Detailed Market Analytics

Primary Catchment Area
10 Kilometers
Secondary Catchment Area
25 Kilometers
Catchment area population
500,000 People
Population growth rate
1.5 %
Median age
28 Years
Household size
5.2 People
Education level (tertiary)
20.0 %

Median household income
6,000 USD
Unemployment rate
10.0 %
Cost of living index
70 Index

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

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

Number of retail stores
90 Stores
Anchor tenant presence
Yes
Competitor density (same category)
3 Stores per category
Tenant diversity
60.0 %
Unique Concepts
10.0 %

Number of Levels
3 Levels
Average rent per square meter
25 USD
Vacancy rate
8.0 %
Lease term flexibility
Medium
Available retail space
2,240 Square Meters
Gross Leasable Area
28,000 Square meters

Proximity to main roads
0.5 Kilometers
Public transport access
Yes
Parking spaces
1,200 Spaces
Pedestrian traffic
High

E-commerce competition
Moderate
Click-and-collect adoption
15.0 %
Internet penetration
65.0 %

Retail crime rate
Low
Security measures
High

Promotional events
12 Events per year
Loyalty program penetration
30.0 %
Digital signage presence
Yes

Projected foot traffic growth
5.0 %
New tenant pipeline
10 Stores
Mall expansion plans
No
City Snapshot
Kirkuk

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Top retail destinations across Iraq.

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City Snapshot
Kirkuk

Comprehensive market intelligence for retail expansion in this city

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