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Sidi Gaber Towers Mall is a compact commercial complex within the Sidi Gaber Towers residential development in the Sidi Gaber district of Alexandria, Egypt, adjacent to the major Sidi Gaber Railway Station for enhanced public transport access. It targets a local trade area of about 250,000 residents in a 5-km radius, amid Alexandrias 5.5 million population, featuring a median age of 26 and middle-class households with average monthly incomes of EGP 10,000, which supports steady demand for essential and value retail.

The tenant mix comprises 20-30 units emphasizing convenience categories such as supermarkets, pharmacies, cafes, and local apparel stores, positioning it as a mid-tier neighborhood center. In Alexandrias retail sector with over 12 malls and moderate saturation in mid-tier formats, the property secures 15-20% local market share through its transit hub location, though it contends with larger anchors like City Centre Alexandrias 169 stores and 13 million yearly visitors.

Leasing benefits include competitive base rents from EGP 600 per sqm, below prime rates of EGP 1,200 per sqm, paired with 3-5 year agreements and 8-10% turnover rents on sales surpassing set thresholds, making it viable for emerging retailers in stable categories. Market occupancy averages 75% in 2025, but compact venues like this face 10-15% vacancy during economic pressures, exacerbated by competition from San Stefano Plaza and new sites like Point 6 Sidi Gaber.

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Hours of Operation

Hours

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Monday10:00 AM — 09:00 PM
Tuesday10:00 AM — 09:00 PM
Wednesday10:00 AM — 09:00 PM
Thursday10:00 AM — 09:00 PM
Friday10:00 AM — 10:00 PM
Saturday10:00 AM — 10:00 PM
Sunday11:00 AM — 06:00 PM
Holiday Hours

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

Sidi Gaber Street, Alexandria, Egypt

Insights

Demographic Profile

The Sidi Gaber area encompasses 250,000 residents within 5 km, part of Alexandrias 5.5 million total, with a young median age of 26 and expanding middle-class segments averaging EGP 10,000 monthly household income. This profile drives consistent footfall for everyday essentials like groceries and healthcare, yet constrains upscale retail viability due to moderate spending power, emphasizing opportunities in affordable fashion and services while highlighting risks in discretionary spending categories amid urban density.

Competitive Landscape

Alexandrias retail market includes more than 12 centers, dominated by City Centre with 169 tenants and 13 million annual visitors, alongside Green Plaza and San Stefano Plaza offering entertainment draws. Sidi Gaber Towers Mall leverages railway proximity for commuter traffic but experiences footfall dilution from these larger rivals and upcoming Point 6 development, contributing to mid-tier saturation; this setup favors niche local operators over broad-appeal chains, with potential weaknesses in fashion and leisure due to fragmented trade areas.

Leasing and Operational Metrics

Retail occupancy in Alexandria reached 75% in 2025, with Sidi Gaber Towers Mall offering base rents at EGP 600 per sqm, significantly under prime malls EGP 1,200 per sqm, via 3-5 year leases incorporating 8-10% turnover rents above sales thresholds to align costs with performance. Strong public transit access boosts operational efficiency, though district aging infrastructure may increase maintenance needs; smaller formats risk 10-15% vacancies in downturns, underscoring the need for resilient tenant mixes focused on recession-proof categories like food and pharmacy.

Building Details

Property Type
Shopping Mall
Gross Leasable Area
3000
Year Built
2005
Parking Spaces
150
Average Monthly Footfall
125,000
Owner
Private Owner
Anchor Tenants
Local supermarkets, clothing stores

Detailed Market Analytics

Primary Catchment Area
5 km radius km
Secondary Catchment Area
20 km radius km
Catchment area population
250,000 People
Population growth rate
2.0 %
Median age
26 Years
Household size
3.8 People
Education level (tertiary)
35.0 %

Median household income
120,000 EGP/year
Unemployment rate
7.7 %
Cost of living index
35 Index (US=100)

Retail spending per capita
1,270 USD/year
Spending on apparel
154 USD/year
Spending on groceries
600 USD/year
Spending on electronics
56 USD/year

Annual foot traffic
1,500,000 Visitors/year
Dwell time
60 Minutes
Conversion rate
20.0 %
Sales per square meter
3,000 USD/year

Number of retail stores
25
Anchor tenant presence
Yes
Competitor density (same category)
High
Tenant diversity
Medium
Unique Concepts
Transit-oriented retail

Gross Leasable Area
3,000 sqm
Number of Levels
3
Average rent per square meter
940 EGP/sqm/month
Vacancy rate
12.0 %
Lease term flexibility
Medium
Available retail space
800 SQM

Proximity to main roads
High
Public transport access
Excellent
Parking spaces
150
Pedestrian traffic
High

E-commerce competition
Increasing
Click-and-collect adoption
20.0 %
Internet penetration
65.0 %

Retail crime rate
Low
Security measures
CCTV and guards

Promotional events
Monthly
Loyalty program penetration
15.0 %
Digital signage presence
Yes

Projected foot traffic growth
5.0 %
New tenant pipeline
Ongoing
Mall expansion plans
nan
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Alexandria

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Alexandria

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