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How much is the rent on the first floor of Laoxingwang, Qipu Road?
Qipu Road clothing wholesale market has become a hot spot in Shanghai retail market. With the transfer of more than 700 owners from outdoor market to indoor operation, some merchants have moved from Xiangyang Road Shopping Mall. The annual rent of shops in Qipu Road Market 12 square meter is 230,000 yuan, and the average daily rent of shops is 70 yuan/square meter. The gold shop with the same area is 2.5 million, which is more than 200,000/square meter. The market share reaches 90%, and the annual return on investment of Qipu Road shops can reach 10%. In the future, several shopping malls will be built in Qipu Road business circle, and the original clothing shopping mall is expected to have more than ten large shopping malls, which will become a large business circle integrating catering, shopping and leisure, with good development prospects.