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Park Center in Ahvaz is a well-established shopping mall offering a mix of retail stores, dining options, and entertainment. The mall has a strong local customer base and is known for its central location, making it accessible to a wide demographic. However, it has a relatively limited parking capacity, which can cause inconvenience during peak hours. While the mall enjoys moderate foot traffic, it faces competition from newer shopping centers in the region that offer more modern amenities and expanded parking facilities.

Retailers seeking long-term tenants may benefit from negotiating flexible lease terms to account for fluctuating foot traffic during seasonal demand.

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Hours of Operation

Hours

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Monday10:00 AM — 12:00 AM
Tuesday10:00 AM — 12:00 AM
Wednesday10:00 AM — 12:00 AM
Thursday10:00 AM — 12:00 AM
Friday10:00 AM — 12:00 AM
Saturday10:00 AM — 12:00 AM
Sunday10:00 AM — 12:00 AM
Holiday Hours

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

East Coastal Boulevard - North to South, Ahvaz, Iran

Insights

Location Advantage

Park Center's central location in Ahvaz provides strong accessibility to a large number of shoppers, making it a prime spot for retailers looking to capture a local audience.

Parking Limitations

The mall's parking facilities are limited, which can result in customer inconvenience during busy hours, potentially affecting retailer sales during peak times.

Competitive Market

Despite its popularity, Park Center faces significant competition from newer malls that have upgraded amenities, including more parking space, which could influence long-term retail success.

Building Details

Property Type
Regional
Gross Leasable Area
33,500
Year Built
2022
Parking Spaces
1500
Average Monthly Footfall
375,000
Anchor Tenants
Hyper Star

Detailed Market Analytics

Primary Catchment Area
5 Kilometers
Secondary Catchment Area
15 Kilometers
Catchment area population
1,200,000 People
Population growth rate
1.2 %
Median age
32 Years
Household size
4.1 People
Education level (tertiary)
25.0 %

Median household income
8,500 USD
Unemployment rate
12.0 %
Cost of living index
65 Index

Retail spending per capita
2,100 USD
Spending on apparel
450 USD
Spending on groceries
900 USD
Spending on electronics
300 USD

Annual foot traffic
4,500,000 Visitors
Dwell time
90 Minutes
Conversion rate
20.0 %
Sales per square meter
3,200 USD

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

Number of Levels
6 Levels
Average rent per square meter
25 USD
Vacancy rate
8.0 %
Lease term flexibility
Moderate
Available retail space
2,680 Square Meters
Gross Leasable Area
33,500 Square meters

Proximity to main roads
0.5 Kilometers
Public transport access
Yes
Parking spaces
1,500 Spaces
Pedestrian traffic
High

E-commerce competition
Moderate
Click-and-collect adoption
10.0 %
Internet penetration
70.0 %

Retail crime rate
Low
Security measures
High

Promotional events
20 Events
Loyalty program penetration
30.0 %
Digital signage presence
Yes

Projected foot traffic growth
3.0 %
New tenant pipeline
5 Stores
Mall expansion plans
No
City Snapshot
Ahvaz

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Discover more shopping centers in Ahvaz.

Top retail destinations across Iran.

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City Snapshot
Ahvaz

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