Pin Plaza, Shiraz — Stores, Map & Hours

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Brand Fit Snapshot

Best for:

Hypermarket TrafficCinema & LeisureNational ChainsQuick-Service DiningFamily Entertainment

Not ideal if:

Ultra-Luxury Positioning

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Pin Plaza is a modern shopping center located in the city of Shiraz, Iran.

The mall spans over 35,000 square meters, featuring a mix of retail stores, dining options, and entertainment facilities. The mall is strategically located in the heart of Shiraz, attracting a steady flow of local and regional shoppers. However, while it enjoys a good footfall, the competition from nearby shopping malls with similar offerings could impact the overall performance of tenants. The mall's tenant mix is diverse, with a strong emphasis on fashion and lifestyle brands, but it faces challenges related to parking availability and congestion during peak hours.

The design and layout are functional, but some areas suffer from underutilization due to the complex structure of the mall. In terms of customer demographics, the mall caters to a broad age group, but there is a lack of luxury retailers which could limit its appeal to higher-income shoppers.

Overall, the location is beneficial, but the mall needs a stronger tenant strategy to ensure consistent foot traffic and retailer profitability.

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Hours of Operation

Hours

Checking...

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.

MFJ7+F47 Moali'Abad Blvd, Shiraz, Iran

Insights

Key Insight 1

Foot traffic in Pin Plaza is decent but highly dependent on nearby mall activity, meaning retailers could face varying traffic patterns based on the competition around the area.

Key Insight 2

The availability of parking is a challenge, especially during peak times, which could deter potential customers from visiting the mall.

Key Insight 3

While the tenant mix is varied, there is a noticeable gap in high-end or luxury retailers, which limits the appeal of the mall to wealthier demographics and affects higher-end product sales.

Building Details

Property Type

Community

Gross Leasable Area

14,391

Year Built

2024

Parking Spaces

500

Average Monthly Footfall

416,667

Anchor Tenants

Hyper Market, Cinema, Food Court and Iranian Brands

Detailed Market Analytics

Primary Catchment Area

10 Kilometers

Secondary Catchment Area

20 Kilometers

Catchment area population

800,000 People

Population growth rate

1.5 %

Median age

32 Years

Household size

4.2 People

Education level (tertiary)

25.0 %

Median household income

12,000 USD

Unemployment rate

8.0 %

Cost of living index

70 Index

Retail spending per capita

2,500 USD

Spending on apparel

600 USD

Spending on groceries

1,000 USD

Spending on electronics

400 USD

Annual foot traffic

5,000,000 Visitors

Dwell time

90 Minutes

Conversion rate

30.0 %

Sales per square meter

3,500 USD

Number of retail stores

170 Stores

Anchor tenant presence

Yes

Competitor density (same category)

15.0 %

Tenant diversity

40.0 %

Unique Concepts

10 Stores

Number of Levels

10 Levels

Average rent per square meter

30 USD

Vacancy rate

8.0 %

Lease term flexibility

Medium

Available retail space

1,151 Square Meters

Gross Leasable Area

14,391 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

75.0 %

Retail crime rate

2 Incidents per 100,000

Security measures

High

Promotional events

25 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

City Snapshot

Shiraz

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Market DataDemographicsTenant Mix

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