<turbo-stream action="replace" target="mall-map-wrapper"><template><div data-controller="map" data-lat="4.8147" data-lng="7.0372" data-map-catchment-data-value="{&quot;lat&quot;:&quot;4.8147&quot;,&quot;lng&quot;:&quot;7.0372&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;Core area within walking/driving distance serving daily shoppers&quot;},{&quot;label&quot;:&quot;Secondary Catchment Area&quot;,&quot;value&quot;:&quot;20 km Radius&quot;,&quot;description&quot;:&quot;Extended area including surrounding suburbs for occasional visits&quot;},{&quot;label&quot;:&quot;Catchment area population&quot;,&quot;value&quot;:&quot;500,000 People&quot;,&quot;description&quot;:&quot;Estimated population in primary and secondary catchment based on Port Harcourt urban density&quot;},{&quot;label&quot;:&quot;Population growth rate&quot;,&quot;value&quot;:&quot;3.5&quot;,&quot;description&quot;:&quot;Annual urban growth rate in Port Harcourt metro area from recent estimates&quot;},{&quot;label&quot;:&quot;Median age&quot;,&quot;value&quot;:&quot;25 Years&quot;,&quot;description&quot;:&quot;Average age in urban Rivers State, higher than national due to industrial migration&quot;},{&quot;label&quot;:&quot;Household size&quot;,&quot;value&quot;:&quot;4.5 Persons&quot;,&quot;description&quot;:&quot;Average family size in Nigerian urban households&quot;},{&quot;label&quot;:&quot;Education level (tertiary)&quot;,&quot;value&quot;:&quot;15.0&quot;,&quot;description&quot;:&quot;Percentage of adults with higher education in Port Harcourt region&quot;}],&quot;Economic Indicators&quot;:[{&quot;label&quot;:&quot;Median household income&quot;,&quot;value&quot;:&quot;2,500,000 NGN per year&quot;,&quot;description&quot;:&quot;Estimated annual income for middle-class households in oil-rich Port Harcourt&quot;},{&quot;label&quot;:&quot;Unemployment rate&quot;,&quot;value&quot;:&quot;5.3&quot;,&quot;description&quot;:&quot;Q1 2024 national rate, applicable to urban Rivers State&quot;},{&quot;label&quot;:&quot;Cost of living index&quot;,&quot;value&quot;:&quot;120 Index (100=average)&quot;,&quot;description&quot;:&quot;Higher than national due to industrial hub status&quot;}],&quot;Consumer Spending&quot;:[{&quot;label&quot;:&quot;Retail spending per capita&quot;,&quot;value&quot;:&quot;1,200 USD per year&quot;,&quot;description&quot;:&quot;Annual retail expenditure estimate for urban Nigerians&quot;},{&quot;label&quot;:&quot;Spending on apparel&quot;,&quot;value&quot;:&quot;45 USD per capita&quot;,&quot;description&quot;:&quot;From national apparel market data prorated&quot;},{&quot;label&quot;:&quot;Spending on groceries&quot;,&quot;value&quot;:&quot;300 USD per capita&quot;,&quot;description&quot;:&quot;Essential spending based on urban consumption patterns&quot;},{&quot;label&quot;:&quot;Spending on electronics&quot;,&quot;value&quot;:&quot;75 USD per capita&quot;,&quot;description&quot;:&quot;From consumer electronics market forecast&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 based on mid-sized mall in industrial area&quot;},{&quot;label&quot;:&quot;Dwell time&quot;,&quot;value&quot;:&quot;45 Minutes&quot;,&quot;description&quot;:&quot;Average time shoppers spend 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 purchases&quot;},{&quot;label&quot;:&quot;Sales per square meter&quot;,&quot;value&quot;:&quot;1,500 USD&quot;,&quot;description&quot;:&quot;Annual sales efficiency estimate for Nigerian malls&quot;}],&quot;Competition \u0026 Tenant Mix&quot;:[{&quot;label&quot;:&quot;Number of retail stores&quot;,&quot;value&quot;:&quot;35 Stores&quot;,&quot;description&quot;:&quot;Approximate count for a local shopping centre&quot;},{&quot;label&quot;:&quot;Anchor tenant presence&quot;,&quot;value&quot;:&quot;Yes Presence&quot;,&quot;description&quot;:&quot;Includes major supermarkets or chains&quot;},{&quot;label&quot;:&quot;Competitor density (same category)&quot;,&quot;value&quot;:&quot;3 Malls within 10km&quot;,&quot;description&quot;:&quot;Nearby shopping options in Trans Amadi area&quot;},{&quot;label&quot;:&quot;Tenant diversity&quot;,&quot;value&quot;:&quot;Medium Level&quot;,&quot;description&quot;:&quot;Mix of local and international brands&quot;},{&quot;label&quot;:&quot;Unique Concepts&quot;,&quot;value&quot;:&quot;5 Stores&quot;,&quot;description&quot;:&quot;Specialty outlets like tech or local crafts&quot;}],&quot;Real Estate \u0026 Leasing&quot;:[{&quot;label&quot;:&quot;Gross Leasable Area&quot;,&quot;value&quot;:&quot;917 sqm&quot;,&quot;description&quot;:&quot;Total retail space available for lease&quot;},{&quot;label&quot;:&quot;Number of Levels&quot;,&quot;value&quot;:&quot;2 Levels&quot;,&quot;description&quot;:&quot;Multi-level structure typical for urban centres&quot;},{&quot;label&quot;:&quot;Average rent per square meter&quot;,&quot;value&quot;:&quot;500 USD per year&quot;,&quot;description&quot;:&quot;Market rate in Port Harcourt industrial zones&quot;},{&quot;label&quot;:&quot;Vacancy rate&quot;,&quot;value&quot;:&quot;10.0&quot;,&quot;description&quot;:&quot;Current empty space percentage&quot;},{&quot;label&quot;:&quot;Lease term flexibility&quot;,&quot;value&quot;:&quot;High Level&quot;,&quot;description&quot;:&quot;Flexible terms for SMEs in growing market&quot;},{&quot;label&quot;:&quot;Available retail space&quot;,&quot;value&quot;:&quot;1,500 sqm&quot;,&quot;description&quot;:&quot;Current open units for new tenants&quot;}],&quot;Accessibility \u0026 Infrastructure&quot;:[{&quot;label&quot;:&quot;Proximity to main roads&quot;,&quot;value&quot;:&quot;Direct Access&quot;,&quot;description&quot;:&quot;Adjacent to Trans Amadi industrial roads&quot;},{&quot;label&quot;:&quot;Public transport access&quot;,&quot;value&quot;:&quot;Good Level&quot;,&quot;description&quot;:&quot;Bus and taxi routes serving the area&quot;},{&quot;label&quot;:&quot;Parking spaces&quot;,&quot;value&quot;:&quot;300 Spaces&quot;,&quot;description&quot;:&quot;On-site parking for shoppers&quot;},{&quot;label&quot;:&quot;Pedestrian traffic&quot;,&quot;value&quot;:&quot;High Level&quot;,&quot;description&quot;:&quot;Dense residential and industrial footfall&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;National growth at 15% CAGR impacting physical retail&quot;},{&quot;label&quot;:&quot;Click-and-collect adoption&quot;,&quot;value&quot;:&quot;20.0&quot;,&quot;description&quot;:&quot;Integration with online platforms in urban malls&quot;},{&quot;label&quot;:&quot;Internet penetration&quot;,&quot;value&quot;:&quot;60.0&quot;,&quot;description&quot;:&quot;Urban rate in Rivers State&quot;}],&quot;Safety \u0026 Security&quot;:[{&quot;label&quot;:&quot;Retail crime rate&quot;,&quot;value&quot;:&quot;15 Incidents per 1000 visitors&quot;,&quot;description&quot;:&quot;Higher than average due to urban crime trends&quot;},{&quot;label&quot;:&quot;Security measures&quot;,&quot;value&quot;:&quot;CCTV and guards Measures&quot;,&quot;description&quot;:&quot;Standard installations in Nigerian malls&quot;}],&quot;Marketing \u0026 Events&quot;:[{&quot;label&quot;:&quot;Promotional events&quot;,&quot;value&quot;:&quot;12 Events per year&quot;,&quot;description&quot;:&quot;Seasonal sales and local festivals&quot;},{&quot;label&quot;:&quot;Loyalty program penetration&quot;,&quot;value&quot;:&quot;30.0&quot;,&quot;description&quot;:&quot;Adoption rate for repeat shopper programs&quot;},{&quot;label&quot;:&quot;Digital signage presence&quot;,&quot;value&quot;:&quot;Yes Presence&quot;,&quot;description&quot;:&quot;LED screens for promotions&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;Based on urban expansion and infrastructure&quot;},{&quot;label&quot;:&quot;New tenant pipeline&quot;,&quot;value&quot;:&quot;10 Prospective tenants&quot;,&quot;description&quot;:&quot;Upcoming leases in development&quot;},{&quot;label&quot;:&quot;Mall expansion plans&quot;,&quot;value&quot;:&quot;Planned Status&quot;,&quot;description&quot;:&quot;Potential additions in Trans Amadi growth 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;:4.91,&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;: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;:1.4,&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;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;:1.42,&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;: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;:4.91,&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;: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;:1.4,&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;: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;:4.87,&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;: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;:2.86,&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;secondary&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;:5.11,&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/trans-amadi-shopping-centre" id="mall-map-wrapper"><div data-city="Port Harcourt" data-current-mall="true" data-id="trans-amadi-shopping-centre" data-lat="4.8147" data-lng="7.0372" data-map-target="mall" data-name="Trans Amadi Shopping Centre" 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">2,500,000 NGN per year</div><div class="stat-label">Median household income</div></div><div class="stat-card"><div class="stat-value">5.3</div><div class="stat-label">Unemployment rate</div></div><div class="stat-card"><div class="stat-value">120 Index (100=average)</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">1,200 USD per year</div><div class="stat-label">Retail spending per capita</div></div><div class="stat-card"><div class="stat-value">45 USD per capita</div><div class="stat-label">Spending on apparel</div></div><div class="stat-card"><div class="stat-value">300 USD per capita</div><div class="stat-label">Spending on groceries</div></div><div class="stat-card"><div class="stat-value">75 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">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">25.0</div><div class="stat-label">Conversion rate</div></div><div class="stat-card"><div class="stat-value">1,500 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">35 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 within 10km</div><div class="stat-label">Competitor density (same category)</div></div><div class="stat-card"><div class="stat-value">Medium 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">917 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">500 USD per year</div><div class="stat-label">Average rent per square meter</div></div><div class="stat-card"><div class="stat-value">10.0</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</div><div class="stat-label">Proximity to main roads</div></div><div class="stat-card"><div class="stat-value">Good Level</div><div class="stat-label">Public transport access</div></div><div class="stat-card"><div class="stat-value">300 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">20.0</div><div class="stat-label">Click-and-collect adoption</div></div><div class="stat-card"><div class="stat-value">60.0</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 1000 visitors</div><div class="stat-label">Retail crime rate</div></div><div class="stat-card"><div class="stat-value">CCTV and guards Measures</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 per year</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 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">10 Prospective tenants</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>