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One Stop Shopping Mall, located at 76 Gulshan Avenue in the upscale Gulshan district of Dhaka, Bangladesh, is a mid-sized retail center spanning multiple floors in the Molly Capita Center. Opened in the early 2000s, it serves as a convenient shopping destination for local residents, expatriates, and business professionals in this diplomatic and commercial hub. The tenant mix includes a balance of international brands in electronics (such as Samsung and LG outlets), fashion retailers, a supermarket, and casual dining options like cafes and fast-food chains, with around 20-30 stores focusing on everyday essentials and lifestyle products.
This composition attracts a mix of middle to upper-income shoppers, contributing to consistent footfall estimated at 5,000-7,000 visitors daily on weekdays, peaking during weekends and festivals.
Market position is strong within Gulshans localized retail ecosystem, where it competes with larger malls like Bashundhara City but excels in proximity and personalized service.
Leasing advantages include flexible terms for small to medium retailers, with base rents averaging BDT 180-220 per square foot monthly, plus a turnover component, and high occupancy at 92% as per recent commercial reports.
Accessibility via major roads is good, though Dhaka's traffic poses delays; parking for 100 vehicles supports convenience.
Demographic profile features affluent households with average annual incomes over BDT 2 million, young professionals, and families valuing security and variety. Drawbacks encompass market saturation in premium categories, potential infrastructure wear from high humidity, and competition from e-commerce growth eroding 10-15% of physical sales annually.
Operational quality is maintained through regular upkeep, but risks like power outages common in Dhaka could impact performance. Retail research highlights Gulshans 7% yearly footfall growth, positioning the mall for stable leasing amid Bangladeshs expanding organized retail sector valued at USD 1.5 billion in 2023.
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Hours of Operation
Hours
| Monday | 10:00 AM — 09:00 PM |
| Tuesday | 10:00 AM — 09:00 PM |
| Wednesday | 10:00 AM — 09:00 PM |
| Thursday | 10:00 AM — 09:00 PM |
| Friday | 10:00 AM — 10:00 PM |
| Saturday | 10:00 AM — 10:00 PM |
| Sunday | 11:00 AM — 06:00 PM |
Hours may vary on public holidays. Check with individual stores for specific holiday schedules.
Insights
Demographics and Footfall
Gulshan districts demographics include over 200,000 residents with 60% in upper-middle to high-income brackets, averaging household incomes of BDT 2.5 million annually, per Bangladesh Bureau of Statistics data. The area attracts expatriates from 50+ embassies, boosting diverse shopper profiles aged 25-45. Footfall at One Stop Shopping Mall averages 6,000 daily visitors, with peaks of 10,000 on weekends, driven by proximity to offices and residences. This supports retailers in apparel and electronics, though seasonal dips during monsoons reduce traffic by 20%. Challenges include reliance on local traffic patterns, where congestion limits impulse visits from broader Dhaka areas.
Tenant Mix and Occupancy
The tenant mix comprises 40% lifestyle and fashion, 30% electronics and gadgets, 20% food and beverage, and 10% services, fostering cross-shopping behavior as noted in ICSC retail studies. Occupancy remains robust at 92%, with low turnover due to prime location advantages, but smaller spaces under 500 sq ft face higher vacancy risks amid post-pandemic shifts. Strengths lie in anchor tenants generating 60% of mall traffic, while weaknesses include limited luxury brands compared to competitors like Gulshan Shopping Mall. Market saturation in electronics category poses challenges, with 15% of units renewing annually at adjusted rates.
Rent Levels and Competition
Monthly rents range from BDT 150-250 per square foot, higher on ground floor, influenced by Gulshans premium status per Knight Frank reports, with additional 8-12% service charges. Competition from 5+ nearby complexes, including Eastern Plaza and larger outlets like Jamuna Future Park 10 km away, pressures margins, as they offer broader mixes and events drawing 20% more footfall. Accessibility via Gulshan Avenue aids, but parking shortages during peaks deter 10-15% potential visitors. Risks involve rent escalations tied to inflation (7-9% yearly), yet stable demand from affluent demographics mitigates downturns in weaker categories like non-essential apparel.
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Dhaka
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