Renting retail space means you rent space specifically with the potential foot count in mind. Of course, traffic flow is just one factor. Your store must be located in a mall where your target audience is likely to shop. Redefine understands what makes for a superb retail address and each of our shopping centres is located perfectly to maximise tenants’ exposure. If you are looking for shops to rent, the comprehensive information available on each of our malls should assist your decision about where to rent shops that’ll best meet the essential requirements for retail success.
To help you get started, let’s consider the most important factors in choosing among the shops to rent, with references to some of the properties in Redefine’s extensive portfolio.
Visitor Total
Consider the monthly average and the annual foot count of the particular mall you have in mind. Also consider how many vehicles enter the parking area per annum and how many parking spaces are available. Retail is about driving traffic to your store. The shops to rent in our malls already have the benefit of being located in high traffic shopping centres with ample parking spaces available. Listed below are the annual foot traffic counts for ten shopping centres that form part of our Gauteng property portfolio:
- Bryanston Shopping Centre – 2 100 000
- East Rand Mall – 12 000 000
- Sammy Marks Square – 12 000 000
- Park Meadows Shopping Centre – 5 200 000
- Kyalami Corner – 3 285 948
- Maponya Mall – 12 500 000
- Golden Walk Shopping Centre – 14 400 000
- Centurion Mall – 14 000 000
- Centurion Lifestyle Centre – 8 800 205
- Wonderboom Junction – 5 701 760
- The Boulders Shopping Centre – 12 500 000
As can be seen from the above-average visitor totals, regardless of size, the malls in our portfolio have high foot traffic. If you’re looking to rent one or more shops in Gauteng, renting space in one of our retail centres should be a consideration for your first port of call.
Accessibility of the Shopping Centre
Although high foot count is essential, the accessibility of the particular shopping mall is just as important. Is the mall located on an intersection? How many entrances are there to the mall? Is it easy to get into or out of the parking area and into the main road passing the mall? All our shopping centres are exceptionally accessible, making it easy for motorists to get into and out of the parking areas, and back into the main roads without it taking up a large part of their shopping time. The lifestyle and smaller malls are especially accessible for quick and convenient shopping.
The shopping centres are also located near public transport facilities and routes to allow for foot traffic from people that commute to their shopping destinations by means of public transport. The Centurion Mall, for instance, is close to the Gautrain Station, just off the highway and within proximity of taxi ranks and various bus stops. The Golden Walk shopping centre in Germiston is in the CBD, close to the train station.
Anchor and Co-Tenants
Anchor tenants provide for the foot traffic’s driving force. These tenants are stable, well-known brands that attract regular and return visits. When considering shops to rent options, please bear in mind the fact that all our malls have several well-known brand companies as anchor tenants, for example:
- Wonderboom Junction – Pick n Pay, Dis-Chem, Woolworths, Foschini Group and Intercare
- The Boulders – Pick n Pay, Foschini Group, Game, Clicks, and Truworths Group
- East Rand Mall – Woolworths, Foschini Group, Truworths, Mr Price Group and Cotton On
- Centurion Mall – Woolworths, Checkers Hyper, Ster-Kinekor, Foschini, Game, Dis-Chem, Pick n Pay, Pep, etc.
- Maponya Mall – Pick n Pay & Woolworths
Our malls offer a balanced mix of tenants that include everything from grocery stores, convenience shopping, entertainment, eateries and banking facilities, to health & beauty, electronics, fashion, sports, and more. In this way, we ensure that our shopping centres cater to a wide spectrum of shopping needs. The complementary mix makes it possible for specialty stores and large brand stores to equally benefit from relevant foot traffic.
Demographics
You will notice that we include shopper profiles and rates cards as part of the information for each of the shopping centres. We recognise the importance of matching your products, displays and prices with the audience of the mall. At Redefine, we aim to provide our clients with the most comprehensive information available, ranging from LSM groups and gender percentages to age groups, interests and more.
We also cater to your marketing needs with an extensive range of advertising, exhibition, and promotion opportunities at each of the malls. The above malls are only a few of the many superb shopping centres where we have shops to rent. Visit our retail section or get in touch to discuss your specific retail space needs.
