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Penonome Insightsas of Oct 2026
Population size
29 K People
Age distribution
Median age 29 years
Household size
3.1 People
Median household income
9,500 USD per year
Dominant industries
Agriculture, retail, government services nan
Cost of living index
85 Index (US=100)
Retail sales per capita
1,200 USD per year
Disposable income
6,800 USD per capita
Existing retail mix
Public markets, small supermarkets, Boulevard Penonome center nan
Number of competitors
15 major retailers
Market saturation
Medium nan
Presence of anchor tenants
Yes, supermarket and government offices nan
Foot traffic from nearby businesses
Moderate, 5,000 daily visitors
Rent costs
450 USD per month
Property values
80,000 USD per acre
Zoning laws
Mixed-use allowed in commercial zones nan
Business permits
Standard processing 30 days nan
Availability of retail space
929 sqm
Proximity to major roads
Direct access to Pan-American Highway nan
Public transportation access
Bus terminal nearby nan
Parking availability
Ample, 500 spaces at mall spaces
Pedestrian traffic
High in market area, 2,000 daily pedestrians
Vehicle traffic
Moderate, 10,000 vehicles daily on highway vehicles
Public transport accessibility
Good, frequent buses to provinces nan
Commute times
30 minutes within town minutes
Brand affinity
Local and affordable international nan
Consumer loyalty
High to family-owned stores nan
Entertainment and leisure trends
Festivals, outdoor activities nan
Crime statistics
Low, index 35 Index (national 43)
Shoplifting rates
0.5 incidents per 1,000 visitors
Public safety measures
Police presence in markets nan
Tourist spending
500 USD per capita annually
Tourist footfall
10,000 visitors per year
Major local events
Patron Saint Festival (November) nan
Seasonal attractions
Dry season markets, nearby El Valle nan
Total retail space
4645 sqm
Retail space per capita
0 sqm
Sustainable retail demand
Medium nan
Major upcoming retail projects
Expansion of Boulevard Penonome nan
Consumer spending patterns
Weekly market visits, budget-focused nan
Top mall shopping preferences
Boulevard Penonome for essentials nan
Key drivers for mall visits
Convenience, parking, variety nan
Number of existing malls
1 malls
Total retail footfall
1,800,000 visits
Retail market gaps
Electronics, luxury goods nan
Trade area population
100,000 people
Retail potential in catchment area
High nan
Preferred mall layouts
Open-air strip with parking nan
Public transport access
Excellent via new terminal nan
Walkability score
70 score (100 max)
Road infrastructure & car access
Pan-American Highway direct nan
Parking capacity in comparable malls
1,000 spaces
Surrounding land use & future developments
Agricultural with commercial expansion nan
Retail Destinations in Penonome
Browse 6 retail destinations in Penonome, Panama. Explore retail leasing opportunities, space availability, and market analytics on Occupi.
Penonome at a Glance
- Total Properties6
- CountryPanama
