<turbo-stream action="replace" target="mall-map-wrapper"><template><div data-controller="map" data-lat="4.7774" data-lng="7.0134" data-map-catchment-data-value="{&quot;lat&quot;:&quot;4.7774&quot;,&quot;lng&quot;:&quot;7.0134&quot;,&quot;primary_radius&quot;:5.0,&quot;secondary_radius&quot;:15.0,&quot;population&quot;:500000}" data-map-demographic-summary-value="{&quot;Mall Demographics&quot;:[{&quot;label&quot;:&quot;Primary Catchment Area&quot;,&quot;value&quot;:&quot;5 km Radius&quot;,&quot;description&quot;:&quot;Estimated primary trade area radius around the mall in Trans-Amadi, Port Harcourt&quot;},{&quot;label&quot;:&quot;Secondary Catchment Area&quot;,&quot;value&quot;:&quot;20 km Radius&quot;,&quot;description&quot;:&quot;Estimated secondary trade area extending to greater Port Harcourt metropolis&quot;},{&quot;label&quot;:&quot;Catchment area population&quot;,&quot;value&quot;:&quot;500,000 People&quot;,&quot;description&quot;:&quot;Estimated population within primary and secondary catchment, based on Port Harcourt metro population of 3.8 million&quot;},{&quot;label&quot;:&quot;Population growth rate&quot;,&quot;value&quot;:&quot;3.5&quot;,&quot;description&quot;:&quot;Annual population growth in Port Harcourt urban area, higher than national average due to urbanization&quot;},{&quot;label&quot;:&quot;Median age&quot;,&quot;value&quot;:&quot;25 Years&quot;,&quot;description&quot;:&quot;Median age of residents in Port Harcourt, reflecting young urban demographic&quot;},{&quot;label&quot;:&quot;Household size&quot;,&quot;value&quot;:&quot;4.7 Persons&quot;,&quot;description&quot;:&quot;Average household size in urban Nigeria, applicable to Port Harcourt&quot;},{&quot;label&quot;:&quot;Education level (tertiary)&quot;,&quot;value&quot;:&quot;15.0&quot;,&quot;description&quot;:&quot;Percentage of population aged 25+ with tertiary education, estimated for urban Rivers State&quot;}],&quot;Economic Indicators&quot;:[{&quot;label&quot;:&quot;Median household income&quot;,&quot;value&quot;:&quot;5,000 USD per year&quot;,&quot;description&quot;:&quot;Estimated median annual household income in Port Harcourt, boosted by oil sector&quot;},{&quot;label&quot;:&quot;Unemployment rate&quot;,&quot;value&quot;:&quot;33.0&quot;,&quot;description&quot;:&quot;National unemployment rate as of 2024, applicable to Port Harcourt with urban variations&quot;},{&quot;label&quot;:&quot;Cost of living index&quot;,&quot;value&quot;:&quot;40 Index (US=100)&quot;,&quot;description&quot;:&quot;Estimated cost of living in Port Harcourt, lower than global average but rising&quot;}],&quot;Consumer Spending&quot;:[{&quot;label&quot;:&quot;Retail spending per capita&quot;,&quot;value&quot;:&quot;150 USD per year&quot;,&quot;description&quot;:&quot;Estimated annual retail spending per capita in urban Nigeria, focused on Port Harcourt&quot;},{&quot;label&quot;:&quot;Spending on apparel&quot;,&quot;value&quot;:&quot;30 USD per capita&quot;,&quot;description&quot;:&quot;Estimated annual spending on apparel per person in Nigerian urban areas&quot;},{&quot;label&quot;:&quot;Spending on groceries&quot;,&quot;value&quot;:&quot;60 USD per capita&quot;,&quot;description&quot;:&quot;Estimated annual grocery spending per capita, primary retail category&quot;},{&quot;label&quot;:&quot;Spending on electronics&quot;,&quot;value&quot;:&quot;20 USD per capita&quot;,&quot;description&quot;:&quot;Estimated annual electronics spending per capita in urban markets&quot;}],&quot;Mall Traffic \u0026 Performance&quot;:[{&quot;label&quot;:&quot;Annual foot traffic&quot;,&quot;value&quot;:&quot;1,500,000 Visitors&quot;,&quot;description&quot;:&quot;Estimated annual visitors to Port Harcourt Mall, based on similar Nigerian malls&quot;},{&quot;label&quot;:&quot;Dwell time&quot;,&quot;value&quot;:&quot;90 Minutes&quot;,&quot;description&quot;:&quot;Average time shoppers spend in the mall, typical for regional shopping centers&quot;},{&quot;label&quot;:&quot;Conversion rate&quot;,&quot;value&quot;:&quot;25.0&quot;,&quot;description&quot;:&quot;Percentage of visitors making a purchase, standard for mid-tier malls&quot;},{&quot;label&quot;:&quot;Sales per square meter&quot;,&quot;value&quot;:&quot;800 USD&quot;,&quot;description&quot;:&quot;Estimated annual sales per square meter, derived from Nigerian retail benchmarks&quot;}],&quot;Competition \u0026 Tenant Mix&quot;:[{&quot;label&quot;:&quot;Number of retail stores&quot;,&quot;value&quot;:&quot;80 Stores&quot;,&quot;description&quot;:&quot;Total number of retail outlets in Port Harcourt Mall&quot;},{&quot;label&quot;:&quot;Anchor tenant presence&quot;,&quot;value&quot;:&quot;Yes Presence&quot;,&quot;description&quot;:&quot;Anchors like Shoprite and cinema present to drive traffic&quot;},{&quot;label&quot;:&quot;Competitor density (same category)&quot;,&quot;value&quot;:&quot;3 Malls per 1M people&quot;,&quot;description&quot;:&quot;Density of similar shopping malls in Port Harcourt region&quot;},{&quot;label&quot;:&quot;Tenant diversity&quot;,&quot;value&quot;:&quot;High Level&quot;,&quot;description&quot;:&quot;Mix of fashion, food, electronics, and services for broad appeal&quot;},{&quot;label&quot;:&quot;Unique Concepts&quot;,&quot;value&quot;:&quot;Yes Presence&quot;,&quot;description&quot;:&quot;Includes specialty stores and entertainment options&quot;}],&quot;Real Estate \u0026 Leasing&quot;:[{&quot;label&quot;:&quot;Gross Leasable Area&quot;,&quot;value&quot;:&quot;16,000 sqm&quot;,&quot;description&quot;:&quot;Total leasable retail space in the mall&quot;},{&quot;label&quot;:&quot;Number of Levels&quot;,&quot;value&quot;:&quot;2 Levels&quot;,&quot;description&quot;:&quot;Multi-level structure for expanded retail space&quot;},{&quot;label&quot;:&quot;Average rent per square meter&quot;,&quot;value&quot;:&quot;50 USD per year&quot;,&quot;description&quot;:&quot;Average annual rent in secondary Nigerian markets like Port Harcourt&quot;},{&quot;label&quot;:&quot;Vacancy rate&quot;,&quot;value&quot;:&quot;20.0&quot;,&quot;description&quot;:&quot;Estimated vacancy, lower than national average of 47% due to location&quot;},{&quot;label&quot;:&quot;Lease term flexibility&quot;,&quot;value&quot;:&quot;Medium Level&quot;,&quot;description&quot;:&quot;Standard 3-5 year leases with some negotiation&quot;},{&quot;label&quot;:&quot;Available retail space&quot;,&quot;value&quot;:&quot;1,000 Square meters&quot;,&quot;description&quot;:&quot;Estimated current available space for leasing&quot;}],&quot;Accessibility \u0026 Infrastructure&quot;:[{&quot;label&quot;:&quot;Proximity to main roads&quot;,&quot;value&quot;:&quot;High Level&quot;,&quot;description&quot;:&quot;Direct access to Trans-Amadi and Aba Road&quot;},{&quot;label&quot;:&quot;Public transport access&quot;,&quot;value&quot;:&quot;Medium Level&quot;,&quot;description&quot;:&quot;Served by buses and taxis, limited formal transit&quot;},{&quot;label&quot;:&quot;Parking spaces&quot;,&quot;value&quot;:&quot;500 Spaces&quot;,&quot;description&quot;:&quot;On-site parking capacity for shoppers&quot;},{&quot;label&quot;:&quot;Pedestrian traffic&quot;,&quot;value&quot;:&quot;High Level&quot;,&quot;description&quot;:&quot;Good walkability in surrounding urban area&quot;}],&quot;Digital \u0026 E-commerce Trends&quot;:[{&quot;label&quot;:&quot;E-commerce competition&quot;,&quot;value&quot;:&quot;High Level&quot;,&quot;description&quot;:&quot;Strong competition from Jumia and Konga in Nigeria&quot;},{&quot;label&quot;:&quot;Click-and-collect adoption&quot;,&quot;value&quot;:&quot;30.0&quot;,&quot;description&quot;:&quot;Estimated adoption rate among mall tenants&quot;},{&quot;label&quot;:&quot;Internet penetration&quot;,&quot;value&quot;:&quot;55.0&quot;,&quot;description&quot;:&quot;Internet access rate in urban Nigeria, including Port Harcourt&quot;}],&quot;Safety \u0026 Security&quot;:[{&quot;label&quot;:&quot;Retail crime rate&quot;,&quot;value&quot;:&quot;75 Index (0-100)&quot;,&quot;description&quot;:&quot;High property crime perception in Port Harcourt per Numbeo&quot;},{&quot;label&quot;:&quot;Security measures&quot;,&quot;value&quot;:&quot;CCTV and Guards Type&quot;,&quot;description&quot;:&quot;Standard security including surveillance and personnel&quot;}],&quot;Marketing \u0026 Events&quot;:[{&quot;label&quot;:&quot;Promotional events&quot;,&quot;value&quot;:&quot;Yes Presence&quot;,&quot;description&quot;:&quot;Regular events and promotions to boost traffic&quot;},{&quot;label&quot;:&quot;Loyalty program penetration&quot;,&quot;value&quot;:&quot;40.0&quot;,&quot;description&quot;:&quot;Adoption of loyalty programs via anchor tenants&quot;},{&quot;label&quot;:&quot;Digital signage presence&quot;,&quot;value&quot;:&quot;Yes Presence&quot;,&quot;description&quot;:&quot;Digital displays for advertising and navigation&quot;}],&quot;Growth Potential&quot;:[{&quot;label&quot;:&quot;Projected foot traffic growth&quot;,&quot;value&quot;:&quot;5.0&quot;,&quot;description&quot;:&quot;Expected annual growth due to urban expansion&quot;},{&quot;label&quot;:&quot;New tenant pipeline&quot;,&quot;value&quot;:&quot;Yes Presence&quot;,&quot;description&quot;:&quot;Ongoing interest from new retailers&quot;},{&quot;label&quot;:&quot;Mall expansion plans&quot;,&quot;value&quot;:&quot;Planned Status&quot;,&quot;description&quot;:&quot;Potential upgrades amid new developments in area&quot;}]}" data-map-mapbox-token-value="pk.eyJ1Ijoib2NjdXBpIiwiYSI6ImNtZXFkdHZwczBtNjIya215OWVpaGtucXoifQ.xiNo8HmyyKim2YrJ3LdqdQ" data-map-nearby-malls-value="{&quot;primary&quot;:[{&quot;id&quot;:3608,&quot;slug&quot;:&quot;garrison-shopping-centre&quot;,&quot;name&quot;:&quot;Garrison Shopping Centre&quot;,&quot;lat&quot;:&quot;4.7774&quot;,&quot;lng&quot;:&quot;7.0134&quot;,&quot;property_type&quot;:&quot;Shopping Centre&quot;,&quot;description&quot;:&quot;Garrison Shopping Centre, situated at 97 Aba Road in Port Harcourt, Nigeria, operates as a two-level retail facility with a gross leasable area of 20,000 square meters and 80 stores. Established in 2010 under Artee Group ownership, it occupies a mid-tier position in the local retail sector, drawing from a primary catchment of 750,000 residents within a 5 km radius, marked by 3.2% yearly population growth, a median age of 28, and median household income of 120,000 NGN monthly. Tenant mix emphasizes diversity, anchored by SPAR and Park N Shop, with 15% unique offerings and 10 prospective tenants, catering to shopping (40% visits), dining (35%), and home decor (25%). Annual visitor traffic reaches 2,500,000, projecting 5% growth and 45-minute dwell times. At 90% occupancy, 2,000 square meters remain available amid 10% vacancy. Accessibility features 500 parking spots and robust public transit links, though pedestrian flow rates medium. Monthly rents average 8,000 NGN per square meter, with 3-5 year lease options. Advantages encompass anchor pull, low crime via CCTV, 12 annual events, and expansion intentions, fostering 1,200 USD sales per square meter yearly and 25% conversion. Drawbacks include elevated e-commerce rivalry (70% internet use, 30% click-and-collect), three competing malls per square kilometer, and calls for enhanced family zones, international cuisine, and sustainable fashion to counter market saturation and 145 cost-of-living index pressures.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Port Harcourt&quot;},&quot;anchor_tenants&quot;:&quot;SPAR, Park N Shop&quot;,&quot;distance&quot;:0.0,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;80&quot;,&quot;gla_sqm&quot;:&quot;3000&quot;,&quot;anchor_tenants&quot;:&quot;SPAR, Park N Shop&quot;}},{&quot;id&quot;:3607,&quot;slug&quot;:&quot;trans-amadi-shopping-centre&quot;,&quot;name&quot;:&quot;Trans Amadi Shopping Centre&quot;,&quot;lat&quot;:&quot;4.8147&quot;,&quot;lng&quot;:&quot;7.0372&quot;,&quot;property_type&quot;:&quot;Shopping Centre&quot;,&quot;description&quot;:&quot;Trans Amadi Shopping Centre is situated at Plot 446/447 Mammy Market Road off Trans Amadi Road in Port Harcourt, Nigeria. Opened in 2025, it spans 15,000 square meters of gross leasable area over two levels with 35 retail stores. Average monthly footfall totals 4,166 visitors, yielding 750,000 annually, with 5% projected growth and 45-minute dwell time. It offers 300 parking spaces, good public transport access, and high pedestrian traffic due to proximity to main roads. Tenant mix features various retail anchors with medium diversity across five concepts; 90% occupancy leaves 1,500 square meters available, supported by 10 prospective tenants. Rent averages 500 USD per square meter yearly, with high lease flexibility. Catchment population of 500,000 within 5 km includes median age 25, household size 4.5, 15% tertiary education, median income 2,500,000 NGN annually, and 5.3% unemployment. Per capita retail spend is 1,200 USD, emphasizing groceries (300 USD), apparel (45 USD), and electronics (75 USD). Sales per square meter hit 1,500 USD at 25% conversion. In Port Harcourt market, it competes with three nearby malls amid high e-commerce (60% internet penetration, 20% click-and-collect sales). Strengths include flexible leasing and planned expansion; drawbacks encompass e-commerce risks, essential goods saturation, and needs for family amenities and diverse dining to boost appeal.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Port Harcourt&quot;},&quot;anchor_tenants&quot;:&quot;Various Retail Shops&quot;,&quot;distance&quot;:4.91,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;35&quot;,&quot;gla_sqm&quot;:&quot;917&quot;,&quot;anchor_tenants&quot;:&quot;Various Retail Shops&quot;}},{&quot;id&quot;:3613,&quot;slug&quot;:&quot;novare-port-harcourt-mall&quot;,&quot;name&quot;:&quot;Novare Port Harcourt Mall&quot;,&quot;lat&quot;:&quot;4.78426&quot;,&quot;lng&quot;:&quot;7.00559&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Novare Port Harcourt Mall at 1 Azikiwe Road, Port Harcourt, Nigeria, spans 20,000 sqm over 2 levels with 60 stores, built in 2014 and owned by Artee Group. Anchors include Spar and Park &#39;n Shop, offering high tenant diversity and unique concepts. Catchment: 1,200,000 people within 5-20 km, median age 20, 2.8% growth, NGN 500,000 median income, 5% unemployment, 15% tertiary education. Footfall: 1.5M annually, 1,000 monthly, 90 min dwell, 25% conversion, USD 800/sqm sales, 5% projected growth. 85% occupancy (15% vacancy), NGN 15,000/sqm/month rent, 3-5 yr flexible leases, 2,000 sqm available space. High road proximity, 800 parking; moderate transit/pedestrian access. Low local competition, high e-com (55% internet, 20% click-collect). Promotions multiple times yearly, 30% loyalty, digital signage. Spending: USD 150/capita (40% groceries, 25% apparel). Advantages: young growing demo, solid footfall, low comp. Drawbacks: e-com threat, moderate crime, amenity gaps in family/dining/fashion. Suits value retail; adapt to online and preferences essential.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Port Harcourt&quot;},&quot;anchor_tenants&quot;:&quot;Spar, Park &#39;n Shop&quot;,&quot;distance&quot;:1.15,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;60&quot;,&quot;gla_sqm&quot;:&quot;16000&quot;,&quot;anchor_tenants&quot;:&quot;Spar, Park &#39;n Shop&quot;}},{&quot;id&quot;:4360,&quot;slug&quot;:&quot;novare-trans-amadi-mall&quot;,&quot;name&quot;:&quot;Novare Trans Amadi Mall&quot;,&quot;lat&quot;:&quot;4.7753&quot;,&quot;lng&quot;:&quot;7.0134&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Novare Trans Amadi Mall, located at 1 Azikiwe Road in the Trans Amadi industrial and commercial district of Port Harcourt, Nigeria, is a two-level shopping center with a gross leasable area of 20,000 square meters, accommodating 60 retail stores and offering 800 parking spaces. Opened in 2014 and developed by Novare, it serves as a key retail hub in Rivers State, drawing from a primary catchment area of 5 km radius with 1.2 million residents and a secondary area extending to 20 km. The tenant mix features anchor stores Spar and Park &#39;n&#39; Shop, alongside diverse categories including fashion, electronics, dining, and home goods, with high tenant diversity and unique concepts. Annual footfall stands at 1.5 million visitors, supported by projected 5% yearly growth, average dwell time of 90 minutes, and sales per square meter of USD 800 annually. Occupancy is at 85%, with 2,000 sqm available, and average rents at NGN 15,000 per sqm per month on 3-5 year leases. The mall benefits from proximity to main roads and low local competition but faces challenges from high e-commerce penetration at 55% internet access and moderate public transport. Market factors include a young demographic (median age 20), household income of NGN 500,000 monthly, and retail spending focused on groceries (40%) and apparel (25%). Operational quality includes CCTV security and promotional events, though vacancy and aging infrastructure in the industrial area pose risks. Leasing advantages include flexible terms and anchor presence driving traffic, while drawbacks encompass economic volatility in Port Harcourt&#39;s oil-dependent economy and competition from informal markets.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Port Harcourt&quot;},&quot;anchor_tenants&quot;:&quot;Spar, Park &#39;n Shop&quot;,&quot;distance&quot;:0.23,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;60&quot;,&quot;gla_sqm&quot;:&quot;20000&quot;,&quot;anchor_tenants&quot;:&quot;Spar, Park &#39;n Shop&quot;}}],&quot;secondary&quot;:[{&quot;id&quot;:4316,&quot;slug&quot;:&quot;roban-stores-port-harcourt&quot;,&quot;name&quot;:&quot;Roban Stores Port Harcourt&quot;,&quot;lat&quot;:&quot;4.8156&quot;,&quot;lng&quot;:&quot;7.0498&quot;,&quot;property_type&quot;:&quot;Shopping Centre&quot;,&quot;description&quot;:&quot;Roban Stores Port Harcourt functions as a neighborhood retail center anchored by the Roban supermarket, providing essential groceries, household items, and limited specialty retail. Situated in the Trans-Amadi area of Port Harcourt, a commercial hub in Rivers State, Nigeria, it serves the citys diverse population exceeding 2 million, predominantly oil and gas professionals and their families with middle to upper-middle income levels averaging NGN 500,000 monthly household earnings. The property covers about 8,000 square meters of leasable space, with current occupancy at 92%, aligning with Port Harcourt retail markets low average vacancy of 5% as per 2023 real estate reviews. Tenant mix comprises the anchor supermarket occupying 60% of space, followed by 15% food and beverage outlets, 10% apparel and accessories, and 15% services like pharmacies and banks, fostering a balanced everyday shopping environment. Accessibility is strong via the Aba-Port Harcourt Expressway and local roads, though traffic congestion during peak hours impacts efficiency. Leasing advantages include stable footfall of approximately 4,500 daily visitors, supported by the regions economic activity in oil sector contributing 70% to local GDP, and competitive rent levels ranging from NGN 7,000 to 11,000 per square meter annually, below larger malls averages. Market position is solid in the grocery-dominated segment, where southern Nigeria retail sales grew 3.5% year-over-year in 2023, but drawbacks encompass competition from major players like Port Harcourt Mall and Novare Rivoc, which draw 20% more traffic with entertainment anchors. Potential risks involve economic sensitivity to global oil prices, leading to 10-15% fluctuations in consumer spending, and occasional infrastructure challenges such as power outages affecting operational quality. Overall, it offers practical leasing for retailers targeting convenience-oriented consumers amid a saturated but resilient market.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Port Harcourt&quot;},&quot;anchor_tenants&quot;:&quot;Roban Supermarket, Pharmacy, Electronics Section&quot;,&quot;distance&quot;:5.86,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;1&quot;,&quot;gla_sqm&quot;:&quot;4000&quot;,&quot;anchor_tenants&quot;:&quot;Roban Supermarket, Pharmacy, Electronics Section&quot;}},{&quot;id&quot;:4372,&quot;slug&quot;:&quot;constitution-arcade&quot;,&quot;name&quot;:&quot;Constitution Arcade&quot;,&quot;lat&quot;:&quot;4.815&quot;,&quot;lng&quot;:&quot;7.05&quot;,&quot;property_type&quot;:&quot;Shopping Centre&quot;,&quot;description&quot;:&quot;Constitution Arcade is a mid-sized shopping arcade located in the heart of Port Harcourt, Rivers State, Nigeria, spanning approximately 15,000 square meters of gross leasable area. Opened in the early 2000s, it serves as a local retail hub in the densely populated Diobu district, attracting middle-income residents and workers from nearby oil and gas offices. The tenant mix includes a blend of local and international brands, with anchor tenants such as a medium-sized supermarket, pharmacies, fashion outlets, electronics stores, and quick-service restaurants like local eateries and small cafes. Footfall averages 5,000 visitors daily on weekdays, peaking at 10,000 on weekends, driven by its proximity to residential areas and public transport routes. Occupancy rate stands at 85%, with recent reports indicating stable but not exceptional performance amid economic fluctuations in the region. Rent levels range from NGN 20,000 to NGN 50,000 per square meter annually, competitive for secondary retail spaces but higher than traditional markets. Accessibility is moderate, with good pedestrian access via Constitution Road but limited parking (about 200 spaces) and occasional traffic congestion during peak hours. The demographic profile features a young urban population aged 18-45, with a mix of professionals, students, and families from diverse ethnic backgrounds, contributing to a vibrant but price-sensitive consumer base. Market position is solid within the local neighborhood but challenged by larger malls like Port Harcourt Mall and Garden City Mall, which draw regional shoppers. Leasing advantages include flexible short-term options for pop-up stores and lower entry barriers compared to premium centers, though drawbacks involve aging infrastructure with occasional maintenance issues and exposure to flooding risks during rainy seasons. Overall, it offers practical opportunities for retailers targeting everyday essentials and budget-conscious consumers, supported by Port Harcourts growing retail sector valued at over NGN 500 billion annually per industry reports.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Port Harcourt&quot;},&quot;anchor_tenants&quot;:&quot;Local Supermarket, Fashion Stores&quot;,&quot;distance&quot;:5.82,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;45&quot;,&quot;gla_sqm&quot;:&quot;4000&quot;,&quot;anchor_tenants&quot;:&quot;Local Supermarket, Fashion Stores&quot;}},{&quot;id&quot;:4406,&quot;slug&quot;:&quot;rumuokoro-mall&quot;,&quot;name&quot;:&quot;Rumuokoro Mall&quot;,&quot;lat&quot;:&quot;4.835117&quot;,&quot;lng&quot;:&quot;7.021434&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Rumuokoro Mall, situated at the strategic Rumuokoro junction in Port Harcourt, Rivers State, Nigeria, serves as a vital retail hub in one of the citys busiest commercial areas. This location acts as the primary gateway for travelers from Port Harcourt International Airport, Warri, Benin City, Lagos, and other regions, ensuring consistent high visibility and traffic. The property encompasses an open-air market complex with integrated shopping elements, offering approximately 200 stalls and shops spanning foodstuff, clothing, electronics, household goods, and services. Tenant mix comprises local wholesalers, small-scale retailers, supermarkets like Venice Supermarket nearby, eateries, and financial institutions along Ikwerre Road. Footfall is substantial, estimated at 15,000-20,000 daily visitors, bolstered by multiple bus stops and the daily operation of Rumuokoro Market, one of Port Harcourts key trading spots. Occupancy stands at nearly 95%, reflecting strong demand for affordable retail space in this transit-oriented zone. Average rent levels range from N80,000 to N400,000 per annum for standard units, positioning it competitively within the informal retail sector. Accessibility is a strength, with direct connections to five major roads, though pedestrian and vehicular congestion is common. The demographic profile features middle-income urban residents, oil industry workers, students from nearby Federal Government College, and transient commuters, supporting diverse consumer needs. In the broader Port Harcourt market, which reports 82% average occupancy and growing retail sales per Cushman \u0026 Wakefield reports, Rumuokoro Mall holds a niche in budget shopping. Leasing advantages include low barriers to entry, reliable customer turnover, and proximity to residential areas like Eligbolo and Rukpakwulusi. However, challenges encompass competition from modern enclosed malls such as Port Harcourt Mall and Genesis Centre, potential access disruptions from traffic, exposure to weather in open sections, and market saturation in commodity categories amid oil-dependent economic volatility.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Port Harcourt&quot;},&quot;anchor_tenants&quot;:&quot;Supermarket&quot;,&quot;distance&quot;:6.48,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;50&quot;,&quot;gla_sqm&quot;:&quot;10000&quot;,&quot;anchor_tenants&quot;:&quot;Supermarket&quot;}},{&quot;id&quot;:4200,&quot;slug&quot;:&quot;genesis-mall&quot;,&quot;name&quot;:&quot;Genesis Mall&quot;,&quot;lat&quot;:&quot;4.8155&quot;,&quot;lng&quot;:&quot;7.0498&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Genesis Mall, located at 39 Tombia Street in Port Harcourt, Nigeria, is a two-level shopping center with a gross leasable area of 15,000 square meters, built in 2010 and owned by Genesis Group Nigeria Limited. It features 60 retail stores and 400 parking spaces, supporting an annual footfall of 2,000,000 visitors, with an average dwell time of 90 minutes and a conversion rate of 25 percent. The primary catchment area spans 5 kilometers with a population of 800,000, growing at 3.5 percent annually, while the secondary area extends to 15 kilometers. Median household income stands at 1,600,000 NGN, with per capita retail spending at 150 USD, distributed as 50 USD on apparel, 200 USD on groceries, and 75 USD on electronics. The tenant mix includes anchor tenants such as Genesis Cinemas and local retailers, with medium diversity and unique concepts present. Occupancy is at 92 percent, with 1,200 square meters available, and quarterly promotional events enhance engagement alongside digital signage. Average rent is 8,000 NGN per square meter per month, with sales at 5,000 NGN per square meter per month. Market position as a premium retail space benefits from high pedestrian traffic, good public transport access, and comprehensive security with low crime rates. However, challenges include an 8 percent vacancy rate, medium lease term flexibility, and consumer demand for more trendy fashion stores, family-friendly amenities like children&#39;s play areas, and diverse dining options including international and healthier choices. Competition from five nearby malls and high e-commerce penetration at 55 percent internet usage pose risks, compounded by 15 percent unemployment in the catchment area. Projected foot traffic growth of 5 percent and planned expansion indicate potential, but aging infrastructure from 2010 construction may require updates to maintain appeal in a saturated market with evolving hybrid shopping trends via 20 percent click-and-collect adoption.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Port Harcourt&quot;},&quot;anchor_tenants&quot;:&quot;Genesis Cinemas, Local Retailers&quot;,&quot;distance&quot;:5.85,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;60&quot;,&quot;gla_sqm&quot;:&quot;3500&quot;,&quot;anchor_tenants&quot;:&quot;Genesis Cinemas, Local Retailers&quot;}}],&quot;outside&quot;:[]}" data-map-update-url-value="/malls/port-harcourt-mall" id="mall-map-wrapper"><div data-city="Port Harcourt" data-current-mall="true" data-id="port-harcourt-mall" data-lat="4.7774" data-lng="7.0134" data-map-target="mall" data-name="Port Harcourt Mall" style="display: none;"></div><div data-map-target="map" id="map"></div><div class="demographic-panel collapsed" data-map-target="demographicPanel"><div class="panel-header"><h4><i aria-hidden="true" class="ri-bar-chart-line"></i> Market Demographics</h4><button class="toggle-btn" onclick="this.parentElement.parentElement.classList.toggle(&quot;collapsed&quot;)"><i aria-hidden="true" class="ri-arrow-down-s-line"></i></button></div><div class="panel-content"><div class="stats-category"><h5>Mall Demographics</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">5 km Radius</div><div class="stat-label">Primary Catchment Area</div></div><div class="stat-card"><div class="stat-value">20 km Radius</div><div class="stat-label">Secondary Catchment Area</div></div><div class="stat-card"><div class="stat-value">500,000 People</div><div class="stat-label">Catchment area population</div></div><div class="stat-card"><div class="stat-value">3.5</div><div class="stat-label">Population growth rate</div></div></div></div><div class="stats-category"><h5>Economic Indicators</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">5,000 USD per year</div><div class="stat-label">Median household income</div></div><div class="stat-card"><div class="stat-value">33.0</div><div class="stat-label">Unemployment rate</div></div><div class="stat-card"><div class="stat-value">40 Index (US=100)</div><div class="stat-label">Cost of living index</div></div></div></div><div class="stats-category"><h5>Consumer Spending</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">150 USD per year</div><div class="stat-label">Retail spending per capita</div></div><div class="stat-card"><div class="stat-value">30 USD per capita</div><div class="stat-label">Spending on apparel</div></div><div class="stat-card"><div class="stat-value">60 USD per capita</div><div class="stat-label">Spending on groceries</div></div><div class="stat-card"><div class="stat-value">20 USD per capita</div><div class="stat-label">Spending on electronics</div></div></div></div><div class="stats-category"><h5>Mall Traffic &amp; Performance</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">1,500,000 Visitors</div><div class="stat-label">Annual foot traffic</div></div><div class="stat-card"><div class="stat-value">90 Minutes</div><div class="stat-label">Dwell time</div></div><div class="stat-card"><div class="stat-value">25.0</div><div class="stat-label">Conversion rate</div></div><div class="stat-card"><div class="stat-value">800 USD</div><div class="stat-label">Sales per square meter</div></div></div></div><div class="stats-category"><h5>Competition &amp; Tenant Mix</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">80 Stores</div><div class="stat-label">Number of retail stores</div></div><div class="stat-card"><div class="stat-value">Yes Presence</div><div class="stat-label">Anchor tenant presence</div></div><div class="stat-card"><div class="stat-value">3 Malls per 1M people</div><div class="stat-label">Competitor density (same category)</div></div><div class="stat-card"><div class="stat-value">High Level</div><div class="stat-label">Tenant diversity</div></div></div></div><div class="stats-category"><h5>Real Estate &amp; Leasing</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">16,000 sqm</div><div class="stat-label">Gross Leasable Area</div></div><div class="stat-card"><div class="stat-value">2 Levels</div><div class="stat-label">Number of Levels</div></div><div class="stat-card"><div class="stat-value">50 USD per year</div><div class="stat-label">Average rent per square meter</div></div><div class="stat-card"><div class="stat-value">20.0</div><div class="stat-label">Vacancy rate</div></div></div></div><div class="stats-category"><h5>Accessibility &amp; Infrastructure</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">High Level</div><div class="stat-label">Proximity to main roads</div></div><div class="stat-card"><div class="stat-value">Medium Level</div><div class="stat-label">Public transport access</div></div><div class="stat-card"><div class="stat-value">500 Spaces</div><div class="stat-label">Parking spaces</div></div><div class="stat-card"><div class="stat-value">High Level</div><div class="stat-label">Pedestrian traffic</div></div></div></div><div class="stats-category"><h5>Digital &amp; E-commerce Trends</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">High Level</div><div class="stat-label">E-commerce competition</div></div><div class="stat-card"><div class="stat-value">30.0</div><div class="stat-label">Click-and-collect adoption</div></div><div class="stat-card"><div class="stat-value">55.0</div><div class="stat-label">Internet penetration</div></div></div></div><div class="stats-category"><h5>Safety &amp; Security</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">75 Index (0-100)</div><div class="stat-label">Retail crime rate</div></div><div class="stat-card"><div class="stat-value">CCTV and Guards Type</div><div class="stat-label">Security measures</div></div></div></div><div class="stats-category"><h5>Marketing &amp; Events</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">Yes Presence</div><div class="stat-label">Promotional events</div></div><div class="stat-card"><div class="stat-value">40.0</div><div class="stat-label">Loyalty program penetration</div></div><div class="stat-card"><div class="stat-value">Yes Presence</div><div class="stat-label">Digital signage presence</div></div></div></div><div class="stats-category"><h5>Growth Potential</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">5.0</div><div class="stat-label">Projected foot traffic growth</div></div><div class="stat-card"><div class="stat-value">Yes Presence</div><div class="stat-label">New tenant pipeline</div></div><div class="stat-card"><div class="stat-value">Planned Status</div><div class="stat-label">Mall expansion plans</div></div></div></div></div></div></div></template></turbo-stream>