- Market Analysis
Retail spaces for rent in the central area of Arad City, on Calea Aurel Vlaicu, the main route that traverses the city, conecting the central area with the city exit towards Hungary.
Arad City is the Capital of Arad County (410,143 resident people), with a resident population of 145,078 persons acording with the last 2021 Census Survey.
The park is placed at the junction between Calea Aurel Vlaicu and Calea 6 Vanatori, in between Francisc Neuman Arena (500 meters) and Arad Railway Station (600 meters), repectively at 1.2 km distance from the dowtown limit (Revolutiei Boulevard).
The location is developed as the main shopping destination in Arad County, including over 70,000 sq m of modern retail schemes in 600 meters radius. The area includes as well residential (blocks and houses), Arad Railway station and the regional bus hub, the new footbal stadium of UTA Arad (Francisc Neuman), industrial stock etc.
The car access is excellent, with Calea Aurel Vlaicu being the main boulevard in Arad, with 3 lanes each way and tram lines in the middle.
The public transport is placed in front of the park and includes tram and bus stops, while the railway station is accesible in 8 walking minutes.
AFI Arad is the largest retail scheme in Arad, opened in November 2023, with a total of 29,400 sq m GLA. The retail park includes Carrefour hypermarket and gallery anchored by Media Galaxy and Decathlon, the DIY store Leroy Merlin and a strip mall area of 7,700 sq m with tenants such as DM, SMYK, Sportisimo, CCC, Half Price, Tedi and Fressnapf.
The scheme is developed on the ground floor, with a single space of 494 sq m being located at the 1st floor, with an excelent visibility to Calea Aurel Vlaicu and having various potential uses (offices, showroom, fitness, medical etc.).
The park is provided with a generous exterior parking area with 950 spaces.