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Teras Park AVM is a prominent shopping center located in the dynamic tourist city of Denizli, near the Aegean Sea. Home to over 85 brands, including a Carrefour hypermarket, it offers a diverse retail mix across its four floors.

The mall features nine restaurants and seven movie theaters, providing a comprehensive shopping and entertainment experience. With over 6 million visitors annually, Teras Park serves a population of approximately 1 million people, including a large student demographic. Its strategic location in the fast-growing Yenisehir district, 5 km from the city center, makes it easily accessible via major motorways leading to Izmir, Aydin, Antalya, Ankara, and Marmaris.

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Hours of Operation

Hours

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Monday10:00 AM — 10:00 PM
Tuesday10:00 AM — 10:00 PM
Wednesday10:00 AM — 10:00 PM
Thursday10:00 AM — 10:00 PM
Friday10:00 AM — 10:00 PM
Saturday10:00 AM — 10:00 PM
Sunday10:00 AM — 10:00 PM
Holiday Hours

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

Teras Park AVM, Denizli, Türkiye

Insights

Diverse Retail Mix

Teras Park AVM hosts over 85 brands, including a Carrefour hypermarket, offering a wide range of shopping options for visitors.

Comprehensive Entertainment Options

The mall features nine restaurants and seven movie theaters, ensuring a variety of dining and entertainment experiences under one roof.

Strategic Location

Situated in the rapidly developing Yenisehir district, Teras Park is easily accessible from major motorways, serving a population of approximately 1 million people, including a significant student demographic.

Building Details

Property Type
Community
Gross Leasable Area
49,556
Year Built
2007
Parking Spaces
1200
Average Monthly Footfall
375,000
Owner
Klepierre
Anchor Tenants
Media Markt, Defacto, LC Waikiki, Flo, Joypark

Detailed Market Analytics

Primary Catchment Area
10 Kilometers
Secondary Catchment Area
25 Kilometers
Catchment area population
1,200,000 People
Population growth rate
1.5 %
Median age
34 Years
Household size
3.8 People
Education level (tertiary)
28.0 %

Median household income
36,000 TRY
Unemployment rate
10.2 %
Cost of living index
65 Index

Retail spending per capita
8,500 TRY
Spending on apparel
1,700 TRY
Spending on groceries
3,200 TRY
Spending on electronics
1,200 TRY

Annual foot traffic
4,500,000 Visitors
Dwell time
90 Minutes
Conversion rate
25.0 %
Sales per square meter
12,000 TRY

Number of retail stores
108 Stores
Anchor tenant presence
Yes
Competitor density (same category)
3 Malls
Tenant diversity
70.0 %
Unique Concepts
15.0 %

Number of Levels
4 Levels
Average rent per square meter
150 TRY
Vacancy rate
8.0 %
Lease term flexibility
Moderate
Available retail space
3,964 Square Meters
Gross Leasable Area
49,556 Square meters

Proximity to main roads
0.5 Kilometers
Public transport access
Yes
Parking spaces
1,200 Spaces
Pedestrian traffic
High

E-commerce competition
Moderate
Click-and-collect adoption
30.0 %
Internet penetration
85.0 %

Retail crime rate
Low
Security measures
High

Promotional events
12 Events
Loyalty program penetration
40.0 %
Digital signage presence
Yes

Projected foot traffic growth
3.0 %
New tenant pipeline
5 Tenants
Mall expansion plans
No
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Denizli

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Denizli

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