<turbo-stream action="replace" target="mall-map-wrapper"><template><div data-controller="map" data-lat="21.4947" data-lng="39.94014" data-map-catchment-data-value="{&quot;lat&quot;:&quot;21.4947&quot;,&quot;lng&quot;:&quot;39.94014&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&quot;,&quot;description&quot;:&quot;Radius of primary customer base around the mall&quot;},{&quot;label&quot;:&quot;Secondary Catchment Area&quot;,&quot;value&quot;:&quot;15 km&quot;,&quot;description&quot;:&quot;Radius of secondary customer base around the mall&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 areas&quot;},{&quot;label&quot;:&quot;Population growth rate&quot;,&quot;value&quot;:&quot;2.5&quot;,&quot;description&quot;:&quot;Annual population growth rate in the catchment area&quot;},{&quot;label&quot;:&quot;Median age&quot;,&quot;value&quot;:&quot;28 Years&quot;,&quot;description&quot;:&quot;Median age of the population in the catchment area&quot;},{&quot;label&quot;:&quot;Household size&quot;,&quot;value&quot;:&quot;4.5 People&quot;,&quot;description&quot;:&quot;Average number of people per household&quot;},{&quot;label&quot;:&quot;Education level (tertiary)&quot;,&quot;value&quot;:&quot;35.0&quot;,&quot;description&quot;:&quot;Percentage of population with tertiary education&quot;}],&quot;Economic Indicators&quot;:[{&quot;label&quot;:&quot;Median household income&quot;,&quot;value&quot;:&quot;60,000 SAR&quot;,&quot;description&quot;:&quot;Median annual household income in the catchment area&quot;},{&quot;label&quot;:&quot;Unemployment rate&quot;,&quot;value&quot;:&quot;6.0&quot;,&quot;description&quot;:&quot;Unemployment rate in the region&quot;},{&quot;label&quot;:&quot;Cost of living index&quot;,&quot;value&quot;:&quot;70 Index&quot;,&quot;description&quot;:&quot;Cost of living index relative to a base of 100&quot;}],&quot;Consumer Spending&quot;:[{&quot;label&quot;:&quot;Retail spending per capita&quot;,&quot;value&quot;:&quot;12,000 SAR&quot;,&quot;description&quot;:&quot;Annual retail spending per person&quot;},{&quot;label&quot;:&quot;Spending on apparel&quot;,&quot;value&quot;:&quot;3,000 SAR&quot;,&quot;description&quot;:&quot;Annual per capita spending on apparel&quot;},{&quot;label&quot;:&quot;Spending on groceries&quot;,&quot;value&quot;:&quot;4,500 SAR&quot;,&quot;description&quot;:&quot;Annual per capita spending on groceries&quot;},{&quot;label&quot;:&quot;Spending on electronics&quot;,&quot;value&quot;:&quot;2,000 SAR&quot;,&quot;description&quot;:&quot;Annual per capita spending on electronics&quot;}],&quot;Mall Traffic \u0026 Performance&quot;:[{&quot;label&quot;:&quot;Annual foot traffic&quot;,&quot;value&quot;:&quot;2,500,000 Visitors&quot;,&quot;description&quot;:&quot;Estimated annual visitors to the mall&quot;},{&quot;label&quot;:&quot;Dwell time&quot;,&quot;value&quot;:&quot;90 Minutes&quot;,&quot;description&quot;:&quot;Average time spent by visitors in the mall&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&quot;},{&quot;label&quot;:&quot;Sales per square meter&quot;,&quot;value&quot;:&quot;8,000 SAR&quot;,&quot;description&quot;:&quot;Annual sales per square meter of leasable space&quot;}],&quot;Competition \u0026 Tenant Mix&quot;:[{&quot;label&quot;:&quot;Number of retail stores&quot;,&quot;value&quot;:&quot;47 Stores&quot;,&quot;description&quot;:&quot;Total number of retail stores in the mall&quot;},{&quot;label&quot;:&quot;Anchor tenant presence&quot;,&quot;value&quot;:&quot;Yes&quot;,&quot;description&quot;:&quot;Presence of major anchor tenants (e.g., hypermarkets, department stores)&quot;},{&quot;label&quot;:&quot;Competitor density (same category)&quot;,&quot;value&quot;:&quot;3 Malls&quot;,&quot;description&quot;:&quot;Number of competing malls within 10 km&quot;},{&quot;label&quot;:&quot;Tenant diversity&quot;,&quot;value&quot;:&quot;60.0&quot;,&quot;description&quot;:&quot;Percentage of unique retail categories among tenants&quot;},{&quot;label&quot;:&quot;Unique Concepts&quot;,&quot;value&quot;:&quot;10.0&quot;,&quot;description&quot;:&quot;Percentage of stores offering unique or experiential concepts&quot;}],&quot;Real Estate \u0026 Leasing&quot;:[{&quot;label&quot;:&quot;Number of Levels&quot;,&quot;value&quot;:&quot;1 Levels&quot;,&quot;description&quot;:&quot;Number of floors with retail space&quot;},{&quot;label&quot;:&quot;Average rent per square meter&quot;,&quot;value&quot;:&quot;2,000 SAR&quot;,&quot;description&quot;:&quot;Annual rent per square meter&quot;},{&quot;label&quot;:&quot;Vacancy rate&quot;,&quot;value&quot;:&quot;5.0&quot;,&quot;description&quot;:&quot;Percentage of leasable space currently unoccupied&quot;},{&quot;label&quot;:&quot;Lease term flexibility&quot;,&quot;value&quot;:&quot;Medium&quot;,&quot;description&quot;:&quot;Flexibility in lease terms (Low, Medium, High)&quot;},{&quot;label&quot;:&quot;Available retail space&quot;,&quot;value&quot;:&quot;466 Square Meters&quot;,&quot;description&quot;:&quot;Current vacant retail space available for lease&quot;},{&quot;label&quot;:&quot;Gross Leasable Area&quot;,&quot;value&quot;:&quot;9,318 Square meters&quot;,&quot;description&quot;:&quot;Total leasable retail space in the mall&quot;}],&quot;Accessibility \u0026 Infrastructure&quot;:[{&quot;label&quot;:&quot;Proximity to main roads&quot;,&quot;value&quot;:&quot;0.5 km&quot;,&quot;description&quot;:&quot;Distance to nearest major road&quot;},{&quot;label&quot;:&quot;Public transport access&quot;,&quot;value&quot;:&quot;Yes&quot;,&quot;description&quot;:&quot;Availability of public transport options (bus, metro)&quot;},{&quot;label&quot;:&quot;Parking spaces&quot;,&quot;value&quot;:&quot;250 Spaces&quot;,&quot;description&quot;:&quot;Total number of parking spaces&quot;},{&quot;label&quot;:&quot;Pedestrian traffic&quot;,&quot;value&quot;:&quot;High&quot;,&quot;description&quot;:&quot;Level of pedestrian traffic around the mall (Low, Medium, High)&quot;}],&quot;Digital \u0026 E-commerce Trends&quot;:[{&quot;label&quot;:&quot;E-commerce competition&quot;,&quot;value&quot;:&quot;Moderate&quot;,&quot;description&quot;:&quot;Level of competition from e-commerce platforms (Low, Moderate, High)&quot;},{&quot;label&quot;:&quot;Click-and-collect adoption&quot;,&quot;value&quot;:&quot;40.0&quot;,&quot;description&quot;:&quot;Percentage of stores offering click-and-collect services&quot;},{&quot;label&quot;:&quot;Internet penetration&quot;,&quot;value&quot;:&quot;98.0&quot;,&quot;description&quot;:&quot;Percentage of population with internet access in the region&quot;}],&quot;Safety \u0026 Security&quot;:[{&quot;label&quot;:&quot;Retail crime rate&quot;,&quot;value&quot;:&quot;Low&quot;,&quot;description&quot;:&quot;Level of retail-related crime (Low, Medium, High)&quot;},{&quot;label&quot;:&quot;Security measures&quot;,&quot;value&quot;:&quot;High&quot;,&quot;description&quot;:&quot;Level of security measures in place (Low, Medium, High)&quot;}],&quot;Marketing \u0026 Events&quot;:[{&quot;label&quot;:&quot;Promotional events&quot;,&quot;value&quot;:&quot;12 Events&quot;,&quot;description&quot;:&quot;Number of promotional events per year&quot;},{&quot;label&quot;:&quot;Loyalty program penetration&quot;,&quot;value&quot;:&quot;30.0&quot;,&quot;description&quot;:&quot;Percentage of visitors enrolled in loyalty programs&quot;},{&quot;label&quot;:&quot;Digital signage presence&quot;,&quot;value&quot;:&quot;Yes&quot;,&quot;description&quot;:&quot;Presence of digital signage for advertising&quot;}],&quot;Growth Potential&quot;:[{&quot;label&quot;:&quot;Projected foot traffic growth&quot;,&quot;value&quot;:&quot;3.0&quot;,&quot;description&quot;:&quot;Projected annual growth in foot traffic&quot;},{&quot;label&quot;:&quot;New tenant pipeline&quot;,&quot;value&quot;:&quot;5 Tenants&quot;,&quot;description&quot;:&quot;Number of new tenants expected in the next year&quot;},{&quot;label&quot;:&quot;Mall expansion plans&quot;,&quot;value&quot;:&quot;No&quot;,&quot;description&quot;:&quot;Presence of planned expansions (Yes/No)&quot;}]}" data-map-mapbox-token-value="pk.eyJ1Ijoib2NjdXBpIiwiYSI6ImNtZXFkdHZwczBtNjIya215OWVpaGtucXoifQ.xiNo8HmyyKim2YrJ3LdqdQ" data-map-nearby-malls-value="{&quot;primary&quot;:[],&quot;secondary&quot;:[{&quot;id&quot;:202,&quot;slug&quot;:&quot;al-khalil-courtyard-jabal-omar&quot;,&quot;name&quot;:&quot;Al Khalil Courtyard Jabal Omar&quot;,&quot;lat&quot;:&quot;21.4214496&quot;,&quot;lng&quot;:&quot;39.8215043&quot;,&quot;property_type&quot;:&quot;Convenience&quot;,&quot;description&quot;:&quot;Al Khalil Courtyard Jabal Omar, located in the heart of Mecca, is a premier shopping and lifestyle destination catering to both local and international visitors. Situated within the Jabal Omar development, the mall is part of a high-demand retail zone, close to key religious landmarks like the Masjid al-Haram. The mall features a mix of global luxury brands, dining options, and entertainment services, attracting both shoppers and pilgrims. Its strategic location ensures significant foot traffic, particularly during Hajj and Umrah seasons, making it an ideal spot for retailers targeting high-value customers. The development also integrates modern architectural features with Islamic design principles, offering a comfortable and premium shopping experience for all visitors. It spans several levels with spacious walkways and high-end facilities to cater to a wide range of customers. This makes it an appealing option for retailers looking to expand in the region.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Mecca&quot;},&quot;anchor_tenants&quot;:&quot;Museum As-Shabee, Arabian Oud, La Casa Pasta, Rosemary Perfumes, Panino&#39;s&quot;,&quot;distance&quot;:14.73,&quot;cover_photo&quot;:&quot;https://static.getoccupi.com/uploads/mall/cover_photo/202/d966a1f96c849ca27f5650e3be761dd7(2).jpg&quot;,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;52&quot;,&quot;gla_sqm&quot;:&quot;1500&quot;,&quot;anchor_tenants&quot;:&quot;Museum As-Shabee, Arabian Oud, La Casa Pasta, Rosemary Perfumes, Panino&#39;s&quot;}},{&quot;id&quot;:389,&quot;slug&quot;:&quot;souk-makkah-gate-jabal-omar&quot;,&quot;name&quot;:&quot;Souk Makkah Gate Jabal Omar&quot;,&quot;lat&quot;:&quot;21.4231694&quot;,&quot;lng&quot;:&quot;39.818399&quot;,&quot;property_type&quot;:&quot;Community&quot;,&quot;description&quot;:&quot;Souk Makkah Gate Jabal Omar is a prominent retail destination located in the heart of Mecca, offering a variety of retail and dining options. The mall is strategically situated near key landmarks such as the Masjid al-Haram, making it a high-traffic area for both religious tourists and local residents. The mall features modern amenities, spacious retail areas, and a variety of international and regional brands. Its prime location makes it a desirable spot for retailers aiming to cater to a diverse and steady flow of customers, particularly during peak seasons such as Hajj and Ramadan. However, the mall&#39;s proximity to such religious landmarks can also pose challenges with temporary crowding, especially during peak pilgrimage seasons, which may impact foot traffic consistency during off-peak periods. Additionally, the mall&#39;s focus on high-end retail can make it less suitable for businesses targeting budget-conscious consumers or those seeking less crowded environments. Despite these potential downsides, the mall remains a key player in Mecca&#39;s retail landscape and continues to attract both local and international retailers looking for exposure to a high-value customer base.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Mecca&quot;},&quot;anchor_tenants&quot;:&quot;AL Danube Super Market, Land Mark Group, AL Musbah Group, Apparel Group&quot;,&quot;distance&quot;:14.9,&quot;cover_photo&quot;:&quot;https://static.getoccupi.com/uploads/mall/cover_photo/389/62405cd28a28492f63898813cb3b5c15(2).jpg&quot;,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;142&quot;,&quot;gla_sqm&quot;:&quot;18000&quot;,&quot;anchor_tenants&quot;:&quot;AL Danube Super Market, Land Mark Group, AL Musbah Group, Apparel Group&quot;}},{&quot;id&quot;:5125,&quot;slug&quot;:&quot;abraj-al-bait-mall&quot;,&quot;name&quot;:&quot;Abraj Al Bait Mall&quot;,&quot;lat&quot;:&quot;21.4185971&quot;,&quot;lng&quot;:&quot;39.8266656&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Abraj Al Bait Mall is situated in the heart of Mecca, immediately south of the Al Masjid Al Haram, within the Abraj Al Bait complex that includes the iconic Makkah Clock Tower, multiple luxury hotels, and residential units. Opened in 2007, the mall spans approximately 43,500 square meters of gross leasable area across six retail levels, featuring around 800 units. It serves as a primary retail destination for the citys 1.76 million residents and millions of annual pilgrims, with Meccas population projected to reach 2.1 million by 2028 at a 2.1% annual growth rate. The tenant mix emphasizes essentials and gifting for pilgrims, anchored by a hypermarket, supermarket, and department stores, alongside categories such as fashion, perfumes and cosmetics, watches and jewelry, souvenirs, and quick-service restaurants. Notable international brands include Next, Guess, Gucci, Nine West, and Milano, complemented by local retailers and the Abraj Hypermarket for groceries and souvenirs. Market position leverages proximity to the holy site, drawing from 17.5 million visitors in 2019 (including 21.8 million Hajj and Umrah pilgrims), forecasted to 26.6 million by 2028 under Vision 2030 initiatives expanding pilgrimage capacity. Visitor spending on retail, dining, and entertainment reached SAR 32.9 billion in 2019, expected to grow to SAR 65 billion by 2028, with average per diem spend rising from SAR 235 to SAR 289. Leasing advantages include high footfall from pedestrian access to the Haram and integrated hotel traffic, supporting stable demand for pilgrim-oriented retail; however, challenges arise from seasonal fluctuations, with peaks during Hajj and Ramadan contrasting quieter periods. Occupancy aligns with Saudi mall averages of 92%, though specific rates are unavailable. No on-site parking poses access hurdles, relying on public transport like the Haramain High-Speed Rail. Competition from nearby developments like Jabal Omar adds pressure, while the young demographic (67% under 40) and average household income of SAR 11,900 drive spending on food, clothing, and recreation, though non-Muslim entry restrictions limit broader tourism. Overall, the property offers robust potential for retailers targeting religious visitors but requires strategies to mitigate overcrowding and pricing sensitivities.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Mecca&quot;},&quot;anchor_tenants&quot;:&quot;Abraj Hyper, Supermarket, Department Store&quot;,&quot;distance&quot;:14.47,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;300&quot;,&quot;gla_sqm&quot;:&quot;43500&quot;,&quot;anchor_tenants&quot;:&quot;Abraj Hyper, Supermarket, Department Store&quot;}},{&quot;id&quot;:195,&quot;slug&quot;:&quot;souk-al-khalil-1-jabal-omar&quot;,&quot;name&quot;:&quot;Souk Al Khalil 1 Jabal Omar&quot;,&quot;lat&quot;:&quot;21.4211642&quot;,&quot;lng&quot;:&quot;39.8219033&quot;,&quot;property_type&quot;:&quot;Community&quot;,&quot;description&quot;:&quot;Souk Al-Khalil 1, opened in 2013, is located near the courtyards of the Holy Mosque in Mecca, beneath Jabal Omar Hilton Suites and Jabal Omar Regency Residence. It stands as one of the largest commercial markets in the Jabal Omar area, distinguished by its unique variety of local and international brands. The market features over 21 restaurants and attracts more than 10 million visitors annually.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Mecca&quot;},&quot;anchor_tenants&quot;:&quot;Bindawood Hypermarket, Albaik, Sephora, Arabian Oud, MADO&quot;,&quot;distance&quot;:14.72,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;139&quot;,&quot;gla_sqm&quot;:&quot;14000&quot;,&quot;anchor_tenants&quot;:&quot;Bindawood Hypermarket, Albaik, Sephora, Arabian Oud, MADO&quot;}},{&quot;id&quot;:193,&quot;slug&quot;:&quot;souk-al-khalil-3-jabal-omar&quot;,&quot;name&quot;:&quot;Souk Al Khalil 3 Jabal Omar&quot;,&quot;lat&quot;:&quot;21.4211642&quot;,&quot;lng&quot;:&quot;39.8219033&quot;,&quot;property_type&quot;:&quot;Neighborhood&quot;,&quot;description&quot;:&quot;Souk Al-Khalil 3, opened in 2022, is located just steps away from the Holy Mosque, beneath the Jabal Omar Jumeirah Hotel. This premier shopping destination in Makkah seamlessly blends modernity with tradition, offering a diverse array of retail options from local handicrafts to high-end fashion. The mall&#39;s vibrant atmosphere and beautiful architectural elements reflect the rich cultural heritage of the region, making it an ideal place for families and friends to gather and enjoy a comprehensive shopping experience.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Mecca&quot;},&quot;anchor_tenants&quot;:&quot;AL Danube Super Market, Land Mark Group, AL Musbah Group, Apprel Group&quot;,&quot;distance&quot;:14.72,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;109&quot;,&quot;gla_sqm&quot;:&quot;8071&quot;,&quot;anchor_tenants&quot;:&quot;AL Danube Super Market, Land Mark Group, AL Musbah Group, Apprel Group&quot;}},{&quot;id&quot;:194,&quot;slug&quot;:&quot;souk-al-khalil-2-jabal-omar&quot;,&quot;name&quot;:&quot;Souk Al Khalil 2 Jabal Omar&quot;,&quot;lat&quot;:&quot;21.4211642&quot;,&quot;lng&quot;:&quot;39.8219033&quot;,&quot;property_type&quot;:&quot;Neighborhood&quot;,&quot;description&quot;:&quot;Souk Al-Khalil 2, opened in 2016, is located below the Jabal Omar Conrad Hotel. It stands as one of the major commercial markets in the vicinity of the Holy Mosque, providing opportunities for retailers to grow their businesses in Mecca. It attracts over 5 million visitors annually.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Mecca&quot;},&quot;anchor_tenants&quot;:&quot;Alromansiah Restaurant, MADO, Zain, Five Guys, Giordano&quot;,&quot;distance&quot;:14.72,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;30&quot;,&quot;gla_sqm&quot;:&quot;5622&quot;,&quot;anchor_tenants&quot;:&quot;Alromansiah Restaurant, MADO, Zain, Five Guys, Giordano&quot;}}],&quot;outside&quot;:[{&quot;id&quot;:714,&quot;slug&quot;:&quot;jabal-thawr-cultural-district&quot;,&quot;name&quot;:&quot;Jabal Thawr Cultural District&quot;,&quot;lat&quot;:&quot;21.3881907&quot;,&quot;lng&quot;:&quot;39.8506329&quot;,&quot;property_type&quot;:&quot;Neighborhood&quot;,&quot;description&quot;:&quot;The Jabal Thawr Cultural District in Mecca is a significant cultural and tourist project that narrates the story of the Cave of Jabal Thawr, where the Prophet Muhammad (PBUH) and his companion Abu Bakr sought refuge during the migration to Medina. Located approximately 4 km south of the Grand Mosque, the district spans over 127,000 square meters and includes various cultural and tourist components, such as a visitor reception center and the Hijrah Exhibition, which tells the story of the Prophet&#39;s migration using museum displays and modern technology. The project aims to enrich the religious and cultural experience of visitors to historical sites and pilgrims.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Mecca&quot;},&quot;anchor_tenants&quot;:&quot;&quot;,&quot;distance&quot;:15.04,&quot;cover_photo&quot;:&quot;https://static.getoccupi.com/uploads/mall/cover_photo/714/0ecfd32c0ac4efbcfa4b881ee5c0849d.jpg&quot;,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;95&quot;,&quot;gla_sqm&quot;:&quot;8000&quot;,&quot;anchor_tenants&quot;:&quot;&quot;}},{&quot;id&quot;:556,&quot;slug&quot;:&quot;saraya&quot;,&quot;name&quot;:&quot;Saraya Mall&quot;,&quot;lat&quot;:&quot;21.4283416&quot;,&quot;lng&quot;:&quot;39.7856552&quot;,&quot;property_type&quot;:&quot;Neighborhood&quot;,&quot;description&quot;:&quot;Saraya Mall, located in An Nuzhah district of Mecca, Saudi Arabia, at Al Sheikh Abdallah Al Khalifi, spans a gross leasable area of 8100 square meters across three levels in five interconnected buildings, with a total built-up area of 10000 square meters and 360 parking spaces. Constructed in 2021 by JIWAR Real Estate \u0026 Hospitality, which also owns and manages the property, it positions itself as a neighborhood center or strip mall emphasizing luxury shopping and dining. The mall features over 100 retail outlets, primarily focused on food and beverage, entertainment, and cafe experiences, with notable anchors including Sands Land entertainment venue, No5 Lounge, Karweeta Lounge, The X Coffee Shop, Freej Swaileh Restaurant, Location Cafe, and Sweet Kafek. This tenant mix caters to family-oriented visitors seeking a mix of dining and leisure activities, differentiating it from larger regional malls by offering a more intimate, upscale atmosphere. In the broader Mecca retail market, which benefits from approximately 10 million annual pilgrims and tourists during Hajj, Umrah, and Ramadan, Saraya Mall leverages seasonal surges in footfall, though its location about 5-7 kilometers from the Grand Mosque may limit walk-in traffic compared to central properties. Market-wide occupancy rates in Saudi neighborhood malls average around 85-90 percent, with vacancy in Mecca retail spaces estimated at 5-15 percent. Average rent levels for community malls in Saudi Arabia range from 2000 to 2800 SAR per square meter annually, influenced by location and category strength. Leasing advantages include high lease term flexibility, modern infrastructure, and proximity to residential areas in An Nuzhah, supporting consistent local patronage. However, challenges encompass heavy reliance on F\u0026B categories potentially leading to category weakness in fashion or electronics, competition from larger malls like Abraj Al Bait or Makkah Mall with broader tenant diversity, and operational risks from seasonal demand fluctuations that could affect year-round performance.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Mecca&quot;},&quot;anchor_tenants&quot;:&quot;Freej Swaileh Restaurant, Location Café, Sweet Kafek, Zaata w Zeit.&quot;,&quot;distance&quot;:17.61,&quot;cover_photo&quot;:&quot;https://static.getoccupi.com/uploads/mall/cover_photo/556/71006d706948ceaea07fdce5fde7e081(2).jpg&quot;,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;10&quot;,&quot;gla_sqm&quot;:&quot;3258&quot;,&quot;anchor_tenants&quot;:&quot;Freej Swaileh Restaurant, Location Café, Sweet Kafek, Zaata w Zeit.&quot;}},{&quot;id&quot;:560,&quot;slug&quot;:&quot;saraya-mecca&quot;,&quot;name&quot;:&quot;Saraya Mall&quot;,&quot;lat&quot;:&quot;21.4283416&quot;,&quot;lng&quot;:&quot;39.7856552&quot;,&quot;property_type&quot;:&quot;Neighborhood&quot;,&quot;description&quot;:&quot;Saraya Mall, located in An Nuzhah district of Mecca, Saudi Arabia, at Al Sheikh Abdallah Al Khalifi, spans a gross leasable area of 8100 square meters across three levels in five interconnected buildings, with a total built-up area of 10000 square meters and 360 parking spaces. Constructed in 2021 by JIWAR Real Estate \u0026 Hospitality, which also owns and manages the property, it positions itself as a neighborhood center or strip mall emphasizing luxury shopping and dining. The mall features over 100 retail outlets, primarily focused on food and beverage, entertainment, and cafe experiences, with notable anchors including Sands Land entertainment venue, No5 Lounge, Karweeta Lounge, The X Coffee Shop, Freej Swaileh Restaurant, Location Cafe, and Sweet Kafek. This tenant mix caters to family-oriented visitors seeking a mix of dining and leisure activities, differentiating it from larger regional malls by offering a more intimate, upscale atmosphere. In the broader Mecca retail market, which benefits from approximately 10 million annual pilgrims and tourists during Hajj, Umrah, and Ramadan, Saraya Mall leverages seasonal surges in footfall, though its location about 5-7 kilometers from the Grand Mosque may limit walk-in traffic compared to central properties. Market-wide occupancy rates in Saudi neighborhood malls average around 85-90 percent, with vacancy in Mecca retail spaces estimated at 5-15 percent. Average rent levels for community malls in Saudi Arabia range from 2000 to 2800 SAR per square meter annually, influenced by location and category strength. Leasing advantages include high lease term flexibility, modern infrastructure, and proximity to residential areas in An Nuzhah, supporting consistent local patronage. However, challenges encompass heavy reliance on F\u0026B categories potentially leading to category weakness in fashion or electronics, competition from larger malls like Abraj Al Bait or Makkah Mall with broader tenant diversity, and operational risks from seasonal demand fluctuations that could affect year-round performance.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Mecca&quot;},&quot;anchor_tenants&quot;:&quot;Sands Land, No5 Lounge, Karweeta Lounge, The X Coffee Shop, Samba Bank, Mobaily Telecom, Arnob&quot;,&quot;distance&quot;:17.61,&quot;cover_photo&quot;:&quot;https://static.getoccupi.com/uploads/mall/cover_photo/560/622e5ae3ecb7d117cf0b949d28120480(2).jpeg&quot;,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;100&quot;,&quot;gla_sqm&quot;:&quot;8100&quot;,&quot;anchor_tenants&quot;:&quot;Sands Land, No5 Lounge, Karweeta Lounge, The X Coffee Shop, Samba Bank, Mobaily Telecom, Arnob&quot;}}]}" data-map-update-url-value="/malls/sharaee" id="mall-map-wrapper"><div data-city="Mecca" data-current-mall="true" data-id="sharaee" data-lat="21.4947" data-lng="39.94014" data-map-target="mall" data-name="Sharaee 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</div><div class="stat-label">Primary Catchment Area</div></div><div class="stat-card"><div class="stat-value">15 km</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">2.5</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">60,000 SAR</div><div class="stat-label">Median household income</div></div><div class="stat-card"><div class="stat-value">6.0</div><div class="stat-label">Unemployment rate</div></div><div class="stat-card"><div class="stat-value">70 Index</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">12,000 SAR</div><div class="stat-label">Retail spending per capita</div></div><div class="stat-card"><div class="stat-value">3,000 SAR</div><div class="stat-label">Spending on apparel</div></div><div class="stat-card"><div class="stat-value">4,500 SAR</div><div class="stat-label">Spending on groceries</div></div><div class="stat-card"><div class="stat-value">2,000 SAR</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">2,500,000 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">8,000 SAR</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">47 Stores</div><div class="stat-label">Number of retail stores</div></div><div class="stat-card"><div class="stat-value">Yes</div><div class="stat-label">Anchor tenant presence</div></div><div class="stat-card"><div class="stat-value">3 Malls</div><div class="stat-label">Competitor density (same category)</div></div><div class="stat-card"><div class="stat-value">60.0</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">1 Levels</div><div class="stat-label">Number of Levels</div></div><div class="stat-card"><div class="stat-value">2,000 SAR</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 class="stat-card"><div class="stat-value">Medium</div><div class="stat-label">Lease term flexibility</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">0.5 km</div><div class="stat-label">Proximity to main roads</div></div><div class="stat-card"><div class="stat-value">Yes</div><div class="stat-label">Public transport access</div></div><div class="stat-card"><div class="stat-value">250 Spaces</div><div class="stat-label">Parking spaces</div></div><div class="stat-card"><div class="stat-value">High</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">Moderate</div><div class="stat-label">E-commerce competition</div></div><div class="stat-card"><div class="stat-value">40.0</div><div class="stat-label">Click-and-collect adoption</div></div><div class="stat-card"><div class="stat-value">98.0</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">Low</div><div class="stat-label">Retail crime rate</div></div><div class="stat-card"><div class="stat-value">High</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">12 Events</div><div class="stat-label">Promotional events</div></div><div class="stat-card"><div class="stat-value">30.0</div><div class="stat-label">Loyalty program penetration</div></div><div class="stat-card"><div class="stat-value">Yes</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">3.0</div><div class="stat-label">Projected foot traffic growth</div></div><div class="stat-card"><div class="stat-value">5 Tenants</div><div class="stat-label">New tenant pipeline</div></div><div class="stat-card"><div class="stat-value">No</div><div class="stat-label">Mall expansion plans</div></div></div></div></div></div></div></template></turbo-stream>