Parkview Mall, Riyadh — Stores, Map & Hours

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National ChainsInternational ChainsFast FashionDepartment Store AnchorsHypermarket Traffic

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Ultra-Luxury PositioningSmall Format RetailBudget Brands

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Parkview Mall in Riyadh, situated on King Abdulaziz Road, offers 100,000 sqm GLA over 3 levels with 180 stores. Built in 2012 by Arabian Centres Company, it boasts anchors like Carrefour, Zara, H&M, and Al Othaim, with high tenant diversity (15% unique). Occupancy is strong at 97% (3% vacancy), with 12 new tenants incoming. Footfall: 12M annually, dwell time 2.3 hours. Rents: 2,800 SAR/sqm/year, matching Riyadh"s rising market (up 4% YoY).

Accessibility: Excellent, with main road adjacency, high transit, 2,500 spots. Catchment: 1.7M people, 2.5% growth, median income 168k SAR, age 30.8. Visitor interests: 40% shopping, 35% dining, 25% home decor. Leasing perks: 5-10 yr terms, 45 events/yr. Drawbacks include 4 local competitors and e-commerce pressure. Expansion planned: 15k sqm.

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Hours of Operation

Hours

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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

Holiday Hours

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

King Abdulaziz Road, Riyadh, Saudi Arabia

Insights

Demographics and Catchment

Primary catchment serves 1.7M residents (500k primary, 1.2M secondary) growing at 2.5% yearly, median age 30.8, household income 168,000 SAR, tertiary education 38%. Retail spend per capita 5,200 SAR, with 1,200 SAR on apparel, 2,500 SAR groceries, 900 SAR electronics. This supports fashion/F&B but grocery saturation risks over-reliance on anchors. Riyadh"s Vision 2030 boosts spending 7% in 2024, aiding young families.

Competition and Risks

Four malls within 10km heighten rivalry in fashion/dining; high e-commerce (98% internet, 35% click-collect) challenges sales. Low retail crime (1.2/1000 visitors) with advanced security. Weaknesses: Limited family play areas, diverse/international dining options reduce appeal for young adults seeking trendy, sustainable fashion. Peak-hour access congestion on main roads noted.

Lease Terms and Operations

Rents at 2,800 SAR/sqm/year competitive in 92% occupied Riyadh market; flexible 5-10 year leases. Sales 9,500 SAR/sqm, 28% conversion, 22% loyalty penetration, 45 events/year, full digital signage. Strengths: High pedestrian/transit access, 2,500 parking. Challenges: 2012 build may need infrastructure upgrades; 15k sqm expansion offers growth but construction disruptions possible.

Building Details

Property Type

Shopping Mall

Gross Leasable Area

70,000

Year Built

2012

Parking Spaces

2500

Average Monthly Footfall

1,000,000

Owner

Arabian Centres Company

Anchor Tenants

Carrefour,Zara,H&M,Al Othaim

Detailed Market Analytics

Primary Catchment Area

500,000 People

Secondary Catchment Area

1,200,000 People

Catchment area population

1,700,000 People

Population growth rate

2.5 %

Median age

30.8 Years

Household size

5.2 Persons

Education level (tertiary)

38.0 %

Median household income

168,000 SAR per year

Unemployment rate

5.6 %

Cost of living index

68 Index (US=100)

Retail spending per capita

5,200 SAR per year

Spending on apparel

1,200 SAR per year

Spending on groceries

2,500 SAR per year

Spending on electronics

900 SAR per year

Annual foot traffic

12,000,000 Visitors

Dwell time

2.3 Hours

Conversion rate

28.0 %

Sales per square meter

9,500 SAR per year

Number of retail stores

180 Stores

Anchor tenant presence

Yes Presence

Competitor density (same category)

4 Malls within 10km

Tenant diversity

High Level

Unique Concepts

15.0 %

Gross Leasable Area

70,000 sqm

Number of Levels

3 Levels

Average rent per square meter

2,800 SAR per year

Vacancy rate

3.0 %

Lease term flexibility

5-10 Years

Available retail space

3,000 Square meters

Proximity to main roads

Adjacent Distance

Public transport access

High Level

Parking spaces

2,500 Spaces

Pedestrian traffic

High Level

E-commerce competition

High Level

Click-and-collect adoption

35.0 %

Internet penetration

98.0 %

Retail crime rate

1.2 Incidents per 1,000 visitors

Security measures

Advanced Level

Promotional events

45 Per year

Loyalty program penetration

22.0 %

Digital signage presence

Full coverage Presence

Projected foot traffic growth

4.5 %

New tenant pipeline

12 Tenants

Mall expansion plans

15,000 Square meters

City Snapshot

Riyadh

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