<turbo-stream action="replace" target="mall-map-wrapper"><template><div data-controller="map" data-lat="4.8156" data-lng="7.0498" data-map-catchment-data-value="{&quot;lat&quot;:&quot;4.8156&quot;,&quot;lng&quot;:&quot;7.0498&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 Kilometers&quot;,&quot;description&quot;:&quot;Estimated primary trade area surrounding the mall in Port Harcourt&quot;},{&quot;label&quot;:&quot;Secondary Catchment Area&quot;,&quot;value&quot;:&quot;10-20 km radius Kilometers&quot;,&quot;description&quot;:&quot;Estimated secondary trade area extending beyond primary catchment&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 urban density&quot;},{&quot;label&quot;:&quot;Population growth rate&quot;,&quot;value&quot;:&quot;4.5&quot;,&quot;description&quot;:&quot;Annual growth rate for Port Harcourt urban area, driven by migration and 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 urban catchment, higher than national average due to urban influx&quot;},{&quot;label&quot;:&quot;Household size&quot;,&quot;value&quot;:&quot;4.5 Persons per household&quot;,&quot;description&quot;:&quot;Average household size in urban Port Harcourt households&quot;},{&quot;label&quot;:&quot;Education level (tertiary)&quot;,&quot;value&quot;:&quot;15.0&quot;,&quot;description&quot;:&quot;Percentage of population with tertiary education in Port Harcourt area&quot;}],&quot;Economic Indicators&quot;:[{&quot;label&quot;:&quot;Median household income&quot;,&quot;value&quot;:&quot;2,400,000 NGN per year&quot;,&quot;description&quot;:&quot;Estimated median annual household income in Port Harcourt, reflecting oil economy influences&quot;},{&quot;label&quot;:&quot;Unemployment rate&quot;,&quot;value&quot;:&quot;22.0&quot;,&quot;description&quot;:&quot;Unemployment rate in Rivers State/Port Harcourt region&quot;},{&quot;label&quot;:&quot;Cost of living index&quot;,&quot;value&quot;:&quot;96 Index (National=100)&quot;,&quot;description&quot;:&quot;Cost of living in Port Harcourt, slightly below national average&quot;}],&quot;Consumer Spending&quot;:[{&quot;label&quot;:&quot;Retail spending per capita&quot;,&quot;value&quot;:&quot;150,000 NGN per year&quot;,&quot;description&quot;:&quot;Estimated annual retail spending per capita in urban Nigeria/Port Harcourt&quot;},{&quot;label&quot;:&quot;Spending on apparel&quot;,&quot;value&quot;:&quot;25,000 NGN per year&quot;,&quot;description&quot;:&quot;Estimated annual per capita spending on apparel in Port Harcourt households&quot;},{&quot;label&quot;:&quot;Spending on groceries&quot;,&quot;value&quot;:&quot;60,000 NGN per year&quot;,&quot;description&quot;:&quot;Estimated annual per capita spending on groceries, core for supermarket like Roban&quot;},{&quot;label&quot;:&quot;Spending on electronics&quot;,&quot;value&quot;:&quot;20,000 NGN per year&quot;,&quot;description&quot;:&quot;Estimated annual per capita spending on electronics in urban areas&quot;}],&quot;Mall Traffic \u0026 Performance&quot;:[{&quot;label&quot;:&quot;Annual foot traffic&quot;,&quot;value&quot;:&quot;750,000 Visitors&quot;,&quot;description&quot;:&quot;Estimated annual visitors to Roban Stores Port Harcourt branch based on chain averages&quot;},{&quot;label&quot;:&quot;Dwell time&quot;,&quot;value&quot;:&quot;45 Minutes&quot;,&quot;description&quot;:&quot;Average time spent by shoppers in the store&quot;},{&quot;label&quot;:&quot;Conversion rate&quot;,&quot;value&quot;:&quot;35.0&quot;,&quot;description&quot;:&quot;Percentage of visitors making a purchase&quot;},{&quot;label&quot;:&quot;Sales per square meter&quot;,&quot;value&quot;:&quot;50,000 NGN per year&quot;,&quot;description&quot;:&quot;Estimated annual sales per square meter for supermarket retail&quot;}],&quot;Competition \u0026 Tenant Mix&quot;:[{&quot;label&quot;:&quot;Number of retail stores&quot;,&quot;value&quot;:&quot;1 Stores&quot;,&quot;description&quot;:&quot;As a single supermarket outlet, primary retail unit&quot;},{&quot;label&quot;:&quot;Anchor tenant presence&quot;,&quot;value&quot;:&quot;Yes Boolean&quot;,&quot;description&quot;:&quot;Roban Stores itself acts as anchor in its location&quot;},{&quot;label&quot;:&quot;Competitor density (same category)&quot;,&quot;value&quot;:&quot;5 Competitors per 10 km&quot;,&quot;description&quot;:&quot;Estimated number of similar supermarkets in Port Harcourt area&quot;},{&quot;label&quot;:&quot;Tenant diversity&quot;,&quot;value&quot;:&quot;Medium Qualitative&quot;,&quot;description&quot;:&quot;Mix of grocery, household, and some apparel/electronics&quot;},{&quot;label&quot;:&quot;Unique Concepts&quot;,&quot;value&quot;:&quot;nan&quot;,&quot;description&quot;:&quot;No highly unique concepts noted; standard supermarket offerings&quot;}],&quot;Real Estate \u0026 Leasing&quot;:[{&quot;label&quot;:&quot;Gross Leasable Area&quot;,&quot;value&quot;:&quot;4,000 sqm&quot;,&quot;description&quot;:&quot;Estimated GLA for a typical Roban Stores branch&quot;},{&quot;label&quot;:&quot;Number of Levels&quot;,&quot;value&quot;:&quot;1 Levels&quot;,&quot;description&quot;:&quot;Single-level supermarket layout&quot;},{&quot;label&quot;:&quot;Average rent per square meter&quot;,&quot;value&quot;:&quot;10,000 NGN per month&quot;,&quot;description&quot;:&quot;Estimated average rent in Port Harcourt commercial areas&quot;},{&quot;label&quot;:&quot;Vacancy rate&quot;,&quot;value&quot;:&quot;5.0&quot;,&quot;description&quot;:&quot;Low vacancy typical for established chain stores&quot;},{&quot;label&quot;:&quot;Lease term flexibility&quot;,&quot;value&quot;:&quot;Medium Qualitative&quot;,&quot;description&quot;:&quot;Standard commercial lease terms with some flexibility&quot;},{&quot;label&quot;:&quot;Available retail space&quot;,&quot;value&quot;:&quot;0 Square meters&quot;,&quot;description&quot;:&quot;Fully occupied as owned/operated by chain&quot;}],&quot;Accessibility \u0026 Infrastructure&quot;:[{&quot;label&quot;:&quot;Proximity to main roads&quot;,&quot;value&quot;:&quot;Direct access Qualitative&quot;,&quot;description&quot;:&quot;Located near major roads in Port Harcourt for easy access&quot;},{&quot;label&quot;:&quot;Public transport access&quot;,&quot;value&quot;:&quot;High Qualitative&quot;,&quot;description&quot;:&quot;Good access via buses and taxis in urban Port Harcourt&quot;},{&quot;label&quot;:&quot;Parking spaces&quot;,&quot;value&quot;:&quot;200 Spaces&quot;,&quot;description&quot;:&quot;Estimated parking for a mid-sized supermarket branch&quot;},{&quot;label&quot;:&quot;Pedestrian traffic&quot;,&quot;value&quot;:&quot;Medium Qualitative&quot;,&quot;description&quot;:&quot;Moderate foot traffic from nearby residential areas&quot;}],&quot;Digital \u0026 E-commerce Trends&quot;:[{&quot;label&quot;:&quot;E-commerce competition&quot;,&quot;value&quot;:&quot;High Qualitative&quot;,&quot;description&quot;:&quot;Growing e-commerce like Jumia competes with physical retail&quot;},{&quot;label&quot;:&quot;Click-and-collect adoption&quot;,&quot;value&quot;:&quot;Low Qualitative&quot;,&quot;description&quot;:&quot;Limited adoption in traditional supermarkets; emerging trend&quot;},{&quot;label&quot;:&quot;Internet penetration&quot;,&quot;value&quot;:&quot;55.0&quot;,&quot;description&quot;:&quot;Internet penetration in urban Nigeria/Port Harcourt&quot;}],&quot;Safety \u0026 Security&quot;:[{&quot;label&quot;:&quot;Retail crime rate&quot;,&quot;value&quot;:&quot;15 Incidents per 1,000 visitors&quot;,&quot;description&quot;:&quot;Estimated retail crime rate in Port Harcourt shopping areas&quot;},{&quot;label&quot;:&quot;Security measures&quot;,&quot;value&quot;:&quot;CCTV, guards Qualitative&quot;,&quot;description&quot;:&quot;Standard security including surveillance and on-site personnel&quot;}],&quot;Marketing \u0026 Events&quot;:[{&quot;label&quot;:&quot;Promotional events&quot;,&quot;value&quot;:&quot;10 Events per year&quot;,&quot;description&quot;:&quot;Annual promotions like Black Friday and seasonal sales&quot;},{&quot;label&quot;:&quot;Loyalty program penetration&quot;,&quot;value&quot;:&quot;20.0&quot;,&quot;description&quot;:&quot;Adoption rate of Roban Plus Card loyalty program&quot;},{&quot;label&quot;:&quot;Digital signage presence&quot;,&quot;value&quot;:&quot;Yes Boolean&quot;,&quot;description&quot;:&quot;Digital displays for promotions in store&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 growth aligned with urban population increase&quot;},{&quot;label&quot;:&quot;New tenant pipeline&quot;,&quot;value&quot;:&quot;nan&quot;,&quot;description&quot;:&quot;Not applicable as chain-operated; internal expansions&quot;},{&quot;label&quot;:&quot;Mall expansion plans&quot;,&quot;value&quot;:&quot;Ongoing branch growth Qualitative&quot;,&quot;description&quot;:&quot;Roban Stores expanding to new locations in Nigeria&quot;}]}" data-map-mapbox-token-value="pk.eyJ1Ijoib2NjdXBpIiwiYSI6ImNtZXFkdHZwczBtNjIya215OWVpaGtucXoifQ.xiNo8HmyyKim2YrJ3LdqdQ" data-map-nearby-malls-value="{&quot;primary&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;:1.4,&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;: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;:0.07,&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;:3.82,&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;:0.01,&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;secondary&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;:5.86,&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;: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;:6.01,&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;:3587,&quot;slug&quot;:&quot;port-harcourt-mall&quot;,&quot;name&quot;:&quot;Port Harcourt Mall&quot;,&quot;lat&quot;:&quot;4.7774&quot;,&quot;lng&quot;:&quot;7.0134&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Port Harcourt Mall, located in the Trans Amadi Industrial Layout of Port Harcourt, Rivers State, Nigeria, spans approximately 16,300 square meters of retail space and opened in 2014 under Artee Group management. It serves as one of the citys premier shopping destinations, anchored by SPAR hypermarket following the 2020 exit of Shoprite from Nigeria. The tenant mix includes over 50 brands across categories such as groceries, fashion (e.g., Temple, So Fresh), electronics (e.g., Slot), dining (e.g., Coldstone Creamery, food courts), entertainment (cinema), and services like pharmacies and banks. The mall benefits from Port Harcourts status as an oil and gas hub, drawing middle to upper-middle-class shoppers, expatriates, and families with an estimated annual footfall exceeding 1 million visitors, supported by its central location and parking for over 500 vehicles. Occupancy stands at around 98% as per 2023 market reports, reflecting strong demand in a market with limited modern retail options. Leasing advantages include flexible spaces from 50 to 1,000 sqm, base rents averaging 15,000-20,000 NGN per sqm per month, and turnover rents tied to sales performance, which can mitigate risks in economic volatility. However, the property faces challenges from fluctuating oil prices impacting local spending power, competition from emerging malls like Genesis Deluxe, and occasional infrastructure issues in the surrounding industrial area. Overall, it holds a solid market position in Nigerias South-South region, with gross leasable area utilization indicating resilience amid national retail vacancy rates averaging 10-15%. Accessibility via major roads like Aba Expressway enhances its appeal, though traffic congestion during peak hours poses drawbacks. The demographic profile features a youthful urban population with median household incomes of 200,000-500,000 NGN monthly, favoring convenience-driven retail. Operational quality is maintained through regular maintenance and security, but aging elements in the 10-year-old structure may require future capex. Retail performance metrics show average sales per sqm of about 5-7 million NGN annually, competitive within regional benchmarks.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Port Harcourt&quot;},&quot;anchor_tenants&quot;:&quot;Spar, Park &#39;n Shop, Filmhouse Cinemas&quot;,&quot;distance&quot;:5.86,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;80&quot;,&quot;gla_sqm&quot;:&quot;16000&quot;,&quot;anchor_tenants&quot;:&quot;Spar, Park &#39;n Shop, Filmhouse Cinemas&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;:6.03,&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;outside&quot;:[]}" data-map-update-url-value="/malls/roban-stores-port-harcourt" id="mall-map-wrapper"><div data-city="Port Harcourt" data-current-mall="true" data-id="roban-stores-port-harcourt" data-lat="4.8156" data-lng="7.0498" data-map-target="mall" data-name="Roban Stores Port Harcourt" 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 Kilometers</div><div class="stat-label">Primary Catchment Area</div></div><div class="stat-card"><div class="stat-value">10-20 km radius Kilometers</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">4.5</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">2,400,000 NGN per year</div><div class="stat-label">Median household income</div></div><div class="stat-card"><div class="stat-value">22.0</div><div class="stat-label">Unemployment rate</div></div><div class="stat-card"><div class="stat-value">96 Index (National=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">150,000 NGN per year</div><div class="stat-label">Retail spending per capita</div></div><div class="stat-card"><div class="stat-value">25,000 NGN per year</div><div class="stat-label">Spending on apparel</div></div><div class="stat-card"><div class="stat-value">60,000 NGN per year</div><div class="stat-label">Spending on groceries</div></div><div class="stat-card"><div class="stat-value">20,000 NGN per year</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">750,000 Visitors</div><div class="stat-label">Annual foot traffic</div></div><div class="stat-card"><div class="stat-value">45 Minutes</div><div class="stat-label">Dwell time</div></div><div class="stat-card"><div class="stat-value">35.0</div><div class="stat-label">Conversion rate</div></div><div class="stat-card"><div class="stat-value">50,000 NGN per year</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">1 Stores</div><div class="stat-label">Number of retail stores</div></div><div class="stat-card"><div class="stat-value">Yes Boolean</div><div class="stat-label">Anchor tenant presence</div></div><div class="stat-card"><div class="stat-value">5 Competitors per 10 km</div><div class="stat-label">Competitor density (same category)</div></div><div class="stat-card"><div class="stat-value">Medium Qualitative</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">4,000 sqm</div><div class="stat-label">Gross Leasable Area</div></div><div class="stat-card"><div class="stat-value">1 Levels</div><div class="stat-label">Number of Levels</div></div><div class="stat-card"><div class="stat-value">10,000 NGN per month</div><div class="stat-label">Average rent per square meter</div></div><div class="stat-card"><div class="stat-value">5.0</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">Direct access Qualitative</div><div class="stat-label">Proximity to main roads</div></div><div class="stat-card"><div class="stat-value">High Qualitative</div><div class="stat-label">Public transport access</div></div><div class="stat-card"><div class="stat-value">200 Spaces</div><div class="stat-label">Parking spaces</div></div><div class="stat-card"><div class="stat-value">Medium Qualitative</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 Qualitative</div><div class="stat-label">E-commerce competition</div></div><div class="stat-card"><div class="stat-value">Low Qualitative</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">15 Incidents per 1,000 visitors</div><div class="stat-label">Retail crime rate</div></div><div class="stat-card"><div class="stat-value">CCTV, guards Qualitative</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">10 Events per year</div><div class="stat-label">Promotional events</div></div><div class="stat-card"><div class="stat-value">20.0</div><div class="stat-label">Loyalty program penetration</div></div><div class="stat-card"><div class="stat-value">Yes Boolean</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">nan</div><div class="stat-label">New tenant pipeline</div></div><div class="stat-card"><div class="stat-value">Ongoing branch growth Qualitative</div><div class="stat-label">Mall expansion plans</div></div></div></div></div></div></div></template></turbo-stream>