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Panama City Insightsas of Oct 2026

Population size
2.1 M People
Age distribution
Median age 30 years
Household size
3.0 People
Household composition
Urban families with mixed heritage nan
Median household income
18,000 USD
Dominant industries
Services and tourism nan
Cost of living index
70 index (US=100)
Retail sales per capita
5,000 USD
Disposable income
12,000 USD per capita
Existing retail mix
Specialty stores and supermarkets nan
Number of competitors
High in urban areas nan
Market saturation
Moderate nan
Presence of anchor tenants
Yes, department stores nan
Foot traffic from nearby businesses
High in financial district visitors per day
Rent costs
850-1,200 USD per month for 1-2BR
Property values
200,000 USD average
Zoning laws
Mixed-use in commercial areas nan
Business permits
Streamlined process nan
Availability of retail space
Moderate sq ft
Proximity to major roads
High accessibility nan
Public transportation access
Good via Metro nan
Parking availability
Available in malls spaces
Pedestrian traffic
Moderate in core areas pedestrians per hour
Vehicle traffic
High congestion vehicles per day
Public transport accessibility
85 minutes average commute minutes
Commute times
63 minutes by car minutes
Work patterns
Service-oriented shifts nan
Shopping preferences
Omnichannel and value-driven nan
Brand affinity
Varied for low-income nan
Consumer loyalty
Influenced by service nan
Entertainment and leisure trends
Tourism and events nan
Crime statistics
Moderate 48.66 index
Shoplifting rates
nan nan
Public safety measures
Police presence in malls nan
Tourist spending
6,000,000,000 USD annual
Tourist footfall
2,780,000 visitors
Major local events
Carnival and festivals nan
Seasonal attractions
Canal tours year-round nan
Click-and-collect adoption
Increasing nan
Local preference for in-store shopping
High for groceries nan
Total retail space
92,903 sqm
Retail space per capita
0 sqm
Retail leakage rate
Low %
Sustainable retail demand
High nan
Major upcoming retail projects
Multiplaza expansions nan
Consumer spending patterns
Value-seeking omnichannel nan
Luxury retail performance
Growing in malls nan
Top mall shopping preferences
Multiplaza Pacific nan
Key drivers for mall visits
Entertainment and dining nan
Preferred brand categories
Increasing affinity nan
Preferred brand categories
High for daily wear nan
Number of existing malls
5 major nan
Total retail footfall
50,000,000 visits
Retail market gaps
Sustainable and eco-products nan
Trade area population
2,500,000 people
Retail potential in catchment area
High nan
Preferred mall layouts
Mixed-use with entertainment nan
Public transport access
Good via Metro lines nan
Walkability score
50 out of 100
Road infrastructure & car access
Developed with congestion nan
Parking capacity in comparable malls
1,000 spaces per mall
Surrounding land use & future developments
Mixed-use urban expansion nan

Retail Destinations in Panama City

Browse 153 retail destinations in Panama City, Panama. Explore retail leasing opportunities, space availability, and market analytics on Occupi.

Panama City at a Glance
  • Total Properties153
  • CountryPanama
Brands Wanted · 5,400 SF

1–1.5 year lease, below market rent, 2nd-generation, fully operational, cosmetic build-out only — move-in ready

At Market Street – The Woodlands, TX, USA

More Info