Panorama, Sari — Stores, Map & Hours

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Brand Fit Snapshot

Best for:

International ChainsNational ChainsFast FashionHypermarket TrafficStreetwear & Athleisure

Not ideal if:

Ultra-Luxury PositioningSmall Format Retail

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Panorama Mall, located in Mazandaran, offers a comprehensive shopping experience with a mix of retail, dining, and entertainment options.

The mall features a modern design with spacious interiors and ample parking. While the retail space is diverse, catering to both local and international brands, the region’s infrastructure and accessibility could limit foot traffic during peak hours. The location benefits from a growing middle-class population, yet its proximity to tourist-heavy areas might lead to seasonal variations in retail activity.

With its upscale positioning, the mall attracts quality brands but could face challenges during off-peak seasons due to economic fluctuations. Additionally, local competition in Mazandaran poses a potential risk to long-term lease agreements. Consider this location if you are targeting higher-income consumers during the tourist season, but ensure lease terms accommodate potential foot traffic changes.

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Hours of Operation

Hours

Checking...

Monday	10:00 AM — 11:00 PM
Tuesday	10:00 AM — 11:00 PM
Wednesday	10:00 AM — 11:00 PM
Thursday	10:00 AM — 11:00 PM
Friday	10:00 AM — 11:00 PM
Saturday	10:00 AM — 11:00 PM
Sunday	10:00 AM — 11:00 PM

Holiday Hours

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

Chalus - Tonkabon Rd, Kelarabad, Sari, Iran

Insights

Traffic Flow

Foot traffic can fluctuate, particularly during off-season months, which may impact sales during quieter periods.

Location Benefit

Proximity to tourist areas increases footfall during the peak season, making it attractive to retailers targeting seasonal consumers.

Competition

High number of competing malls in Mazandaran region may impact the long-term sustainability of retail leases in the area.

Building Details

Property Type

Regional

Gross Leasable Area

80,000

Year Built

2014

Parking Spaces

500

Average Monthly Footfall

666,667

Anchor Tenants

Hyper-Me, Caffe Molinari, Reebok, Springfield, Zara

Detailed Market Analytics

Primary Catchment Area

10 Kilometers

Secondary Catchment Area

20 Kilometers

Catchment area population

2,500,000 People

Population growth rate

1.2 %

Median age

31 Years

Household size

3.5 People

Education level (tertiary)

35.0 %

Median household income

5,000 USD

Unemployment rate

12.0 %

Cost of living index

65 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

8,000,000 Visitors

Dwell time

90 Minutes

Conversion rate

25.0 %

Sales per square meter

3,500 USD

Number of retail stores

60 Stores

Anchor tenant presence

Yes

Competitor density (same category)

10 Stores

Tenant diversity

70.0 %

Unique Concepts

15 Stores

Gross Leasable Area

80,000 Square meters

Number of Levels

6 Levels

Average rent per square meter

50 USD

Vacancy rate

8.0 %

Lease term flexibility

Moderate

Available retail space

6,400 Square meters

Proximity to main roads

0.5 Kilometers

Public transport access

Yes

Parking spaces

500 Spaces

Pedestrian traffic

High

E-commerce competition

Moderate

Click-and-collect adoption

20.0 %

Internet penetration

80.0 %

Retail crime rate

Low

Security measures

High

Promotional events

50 Events

Loyalty program penetration

30.0 %

Digital signage presence

Yes

Projected foot traffic growth

5.0 %

New tenant pipeline

10 Stores

Mall expansion plans

City Snapshot

Sari

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