Çanakkale
1 Total Mall

Key Insights as of Jun 2025

Market Demographics
Population size

557,000 people

Population growth rate

1.8 %

Age distribution

20-34: 30%, 35-54: 35%, 55+: 20%, 0-19: 15% %

Household size

3.2 people

Household composition

Families: 60%, Singles: 25%, Elderly: 15% %

Education levels

High school: 40%, University: 25%, Other: 35% %

Economic Indicators
Median household income

15,000 USD

Employment rate

92 %

Job growth

1.5 %

Dominant industries

Tourism, Agriculture, Education

Cost of living index

65 index

Consumer Spending & Buying Power
Retail sales per capita

3,500 USD

Disposable income

10,000 USD

Spending behavior by category

Apparel: 20%, Dining: 30%, Electronics: 15% %

Competition & Retail Presence
Existing retail mix

Grocery: 40%, Apparel: 30%, Specialty: 30% %

Number of competitors

50 stores

Market saturation

Moderate

Presence of anchor tenants

Yes

Foot traffic from nearby businesses

High

Real Estate & Infrastructure
Rent costs

10 USD/sqft/year

Property values

1,500 USD/sqft

Zoning laws

Retail-friendly

Business permits

Moderate

Availability of retail space

Limited

Proximity to major roads

High

Public transportation access

Good

Parking availability

Moderate

Traffic & Accessibility
Pedestrian traffic

High

Vehicle traffic

Moderate

Public transport accessibility

80 %

Commute times

20 minutes

Work patterns

9-5 dominant

Psychographics & Consumer Lifestyle
Shopping preferences

In-store: 70%, Online: 30% %

Brand affinity

Value brands: 60%, Luxury: 10% %

Consumer loyalty

Moderate

Entertainment and leisure trends

Cafes, Historical sites

Crime Rates & Safety
Crime statistics

Low

Shoplifting rates

0.5 incidents/1,000 people

Public safety measures

Adequate

Tourism & Seasonal Factors
Tourist spending

500 USD/tourist

Tourist footfall

1,000,000 visitors/year

Major local events

Troy Festival

Seasonal attractions

Summer peak

Online vs. In-Store Shopping Trends
E-commerce penetration

30 %

Click-and-collect adoption

20 %

Local preference for in-store shopping

70 %

Retail & Mall Performance
Total retail space

1,000,000 sqft

Retail space per capita

1.8 sqft/person

Projected growth in retail space

2 %

Retail leakage rate

15 %

Sustainable retail demand

Moderate

Consumer Behavior & Spending
Grocery market share distribution

Migros: 30%, BIM: 25%, Carrefour: 20% %

Consumer spending patterns

Essentials: 60%, Discretionary: 40% %

Grocery expenditure trends

Stable

Luxury retail performance

Low

Top mall shopping preferences

17 Burda Mall

Shopping trips to other cities

10 %

Key drivers for mall visits

Dining, Entertainment

Preferred brand categories

Value fashion: 50%, Electronics: 30% %

Competitive & Site Analysis
Number of existing malls

2 malls

Total retail footfall

5,000,000 visits/year

Retail market gaps

Luxury retail

Trade area population

700,000 people

Retail potential in catchment area

Moderate

Projected retail growth rate

2.5 %

Preferred mall layouts

Open-air, Mixed-use

Site & Accessibility
Public transport access

High

Walkability score

70 index

Road infrastructure & car access

Good

Parking capacity in comparable malls

1,000 spaces

Surrounding land use & future developments

Residential, Tourism