An average of 1,170 shopping malls closed every year between 2017 and 2022. The average vacant mall sells at 43% below its acquisition price. Shopping malls had a high-end average vacancy rate of 11.4% in 2021. From 1986 to 2017, shopping malls closed at a rate of 581 per year.

Closed malls are empty for an average of 3 years and 11 months. The number of malls declined 16.7% per year from 2017 to 2022. 2 million square feet of mall space was demolished in 2022. The nationwide mall vacancy rate is 110% higher than the overall average retail vacancy rate.

There are 16 active and verified shopping malls for sale and investment opportunities listed on SMERGERS as of 16 September 2023. What level of due diligence does SMERGERS conduct on the businesses/member?

Shopping mall is still under construction and is set to complete in April 2018. - The mall will have its own hyper market, entertainment center and food court. - It is strategically located off NH-66 and is a 40 minute drive from an important public building which is frequented by a lot of people.