<turbo-stream action="replace" target="mall-map-wrapper"><template><div data-controller="map" data-lat="7.0715748" data-lng="-73.1051909" data-map-catchment-data-value="{&quot;lat&quot;:&quot;7.0715748&quot;,&quot;lng&quot;:&quot;-73.1051909&quot;,&quot;primary_radius&quot;:5.0,&quot;secondary_radius&quot;:15.0,&quot;population&quot;:800000}" data-map-demographic-summary-value="{&quot;Mall Demographics&quot;:[{&quot;label&quot;:&quot;Primary Catchment Area&quot;,&quot;value&quot;:&quot;5 km Radius&quot;,&quot;description&quot;:&quot;Radius defining primary customer base around the mall in Floridablanca, Colombia&quot;},{&quot;label&quot;:&quot;Secondary Catchment Area&quot;,&quot;value&quot;:&quot;15 km Radius&quot;,&quot;description&quot;:&quot;Extended radius for secondary customer draw&quot;},{&quot;label&quot;:&quot;Catchment area population&quot;,&quot;value&quot;:&quot;800,000 People&quot;,&quot;description&quot;:&quot;Estimated total population in primary and secondary catchment areas based on regional data&quot;},{&quot;label&quot;:&quot;Population growth rate&quot;,&quot;value&quot;:&quot;1.0&quot;,&quot;description&quot;:&quot;Annual growth rate for Bucaramanga metropolitan area&quot;},{&quot;label&quot;:&quot;Median age&quot;,&quot;value&quot;:&quot;32 Years&quot;,&quot;description&quot;:&quot;Median age of population in Santander department&quot;},{&quot;label&quot;:&quot;Household size&quot;,&quot;value&quot;:&quot;3.1 Persons per household&quot;,&quot;description&quot;:&quot;Average household size in urban Colombia&quot;},{&quot;label&quot;:&quot;Education level (tertiary)&quot;,&quot;value&quot;:&quot;25.0&quot;,&quot;description&quot;:&quot;Percentage of population with tertiary education in Bucaramanga region&quot;}],&quot;Economic Indicators&quot;:[{&quot;label&quot;:&quot;Median household income&quot;,&quot;value&quot;:&quot;2,500,000 COP per month&quot;,&quot;description&quot;:&quot;Median monthly household income in Bucaramanga area, approximately 600 USD&quot;},{&quot;label&quot;:&quot;Unemployment rate&quot;,&quot;value&quot;:&quot;7.5&quot;,&quot;description&quot;:&quot;Unemployment rate in Bucaramanga metropolitan area, lower than national average&quot;},{&quot;label&quot;:&quot;Cost of living index&quot;,&quot;value&quot;:&quot;30.6 Index&quot;,&quot;description&quot;:&quot;Cost of living index for Colombia relative to New York (100)&quot;}],&quot;Consumer Spending&quot;:[{&quot;label&quot;:&quot;Retail spending per capita&quot;,&quot;value&quot;:&quot;2,200 USD per year&quot;,&quot;description&quot;:&quot;Annual retail spending per person in Colombia&quot;},{&quot;label&quot;:&quot;Spending on apparel&quot;,&quot;value&quot;:&quot;200 USD per year&quot;,&quot;description&quot;:&quot;Annual per capita spending on apparel in Colombia&quot;},{&quot;label&quot;:&quot;Spending on groceries&quot;,&quot;value&quot;:&quot;800 USD per year&quot;,&quot;description&quot;:&quot;Estimated annual per capita spending on groceries&quot;},{&quot;label&quot;:&quot;Spending on electronics&quot;,&quot;value&quot;:&quot;150 USD per year&quot;,&quot;description&quot;:&quot;Estimated annual per capita spending on electronics&quot;}],&quot;Mall Traffic \u0026 Performance&quot;:[{&quot;label&quot;:&quot;Annual foot traffic&quot;,&quot;value&quot;:&quot;4,000,000 Visitors per year&quot;,&quot;description&quot;:&quot;Estimated annual visitors to the mall based on regional shopping center averages&quot;},{&quot;label&quot;:&quot;Dwell time&quot;,&quot;value&quot;:&quot;90 Minutes&quot;,&quot;description&quot;:&quot;Average time visitors spend in the mall&quot;},{&quot;label&quot;:&quot;Conversion rate&quot;,&quot;value&quot;:&quot;15.0&quot;,&quot;description&quot;:&quot;Percentage of visitors making a purchase&quot;},{&quot;label&quot;:&quot;Sales per square meter&quot;,&quot;value&quot;:&quot;4,000 USD per year&quot;,&quot;description&quot;:&quot;Annual sales per square meter of retail space, estimated for mid-tier mall&quot;}],&quot;Competition \u0026 Tenant Mix&quot;:[{&quot;label&quot;:&quot;Number of retail stores&quot;,&quot;value&quot;:&quot;120 Stores&quot;,&quot;description&quot;:&quot;Approximate number of retail outlets in the mall&quot;},{&quot;label&quot;:&quot;Anchor tenant presence&quot;,&quot;value&quot;:&quot;Yes&quot;,&quot;description&quot;:&quot;Presence of major anchor tenants like department stores&quot;},{&quot;label&quot;:&quot;Competitor density (same category)&quot;,&quot;value&quot;:&quot;3 Malls within 10km&quot;,&quot;description&quot;:&quot;Number of competing shopping centers in the vicinity&quot;},{&quot;label&quot;:&quot;Tenant diversity&quot;,&quot;value&quot;:&quot;High&quot;,&quot;description&quot;:&quot;Diverse mix of retail categories including fashion, food, and services&quot;},{&quot;label&quot;:&quot;Unique Concepts&quot;,&quot;value&quot;:&quot;Yes&quot;,&quot;description&quot;:&quot;Inclusion of unique retail or entertainment concepts&quot;}],&quot;Real Estate \u0026 Leasing&quot;:[{&quot;label&quot;:&quot;Gross Leasable Area&quot;,&quot;value&quot;:&quot;45,000 sqm&quot;,&quot;description&quot;:&quot;Total gross leasable area of the mall&quot;},{&quot;label&quot;:&quot;Number of Levels&quot;,&quot;value&quot;:&quot;2 Levels&quot;,&quot;description&quot;:&quot;Number of shopping levels in the mall&quot;},{&quot;label&quot;:&quot;Average rent per square meter&quot;,&quot;value&quot;:&quot;15 USD per month&quot;,&quot;description&quot;:&quot;Average monthly rent for leasable space&quot;},{&quot;label&quot;:&quot;Vacancy rate&quot;,&quot;value&quot;:&quot;4.0&quot;,&quot;description&quot;:&quot;Current vacancy rate in the mall&quot;},{&quot;label&quot;:&quot;Lease term flexibility&quot;,&quot;value&quot;:&quot;Medium Years&quot;,&quot;description&quot;:&quot;Typical lease terms of 3-5 years with some flexibility&quot;},{&quot;label&quot;:&quot;Available retail space&quot;,&quot;value&quot;:&quot;5.0&quot;,&quot;description&quot;:&quot;Percentage of space currently available for lease&quot;}],&quot;Accessibility \u0026 Infrastructure&quot;:[{&quot;label&quot;:&quot;Proximity to main roads&quot;,&quot;value&quot;:&quot;High&quot;,&quot;description&quot;:&quot;Direct access to major highways in Floridablanca&quot;},{&quot;label&quot;:&quot;Public transport access&quot;,&quot;value&quot;:&quot;Good Bus lines&quot;,&quot;description&quot;:&quot;Well-connected by local bus services&quot;},{&quot;label&quot;:&quot;Parking spaces&quot;,&quot;value&quot;:&quot;1,200 Spaces&quot;,&quot;description&quot;:&quot;Number of parking spaces available&quot;},{&quot;label&quot;:&quot;Pedestrian traffic&quot;,&quot;value&quot;:&quot;Medium&quot;,&quot;description&quot;:&quot;Moderate pedestrian access from surrounding areas&quot;}],&quot;Digital \u0026 E-commerce Trends&quot;:[{&quot;label&quot;:&quot;E-commerce competition&quot;,&quot;value&quot;:&quot;High&quot;,&quot;description&quot;:&quot;Strong e-commerce market with 42 billion USD volume in 2023&quot;},{&quot;label&quot;:&quot;Click-and-collect adoption&quot;,&quot;value&quot;:&quot;20.0&quot;,&quot;description&quot;:&quot;Estimated adoption rate of click-and-collect services&quot;},{&quot;label&quot;:&quot;Internet penetration&quot;,&quot;value&quot;:&quot;75.0&quot;,&quot;description&quot;:&quot;Internet access rate in urban Colombia&quot;}],&quot;Safety \u0026 Security&quot;:[{&quot;label&quot;:&quot;Retail crime rate&quot;,&quot;value&quot;:&quot;5 Incidents per 1,000 visitors&quot;,&quot;description&quot;:&quot;Estimated retail crime incidents, lower in secured malls&quot;},{&quot;label&quot;:&quot;Security measures&quot;,&quot;value&quot;:&quot;Advanced&quot;,&quot;description&quot;:&quot;CCTV, guards, and access controls in place&quot;}],&quot;Marketing \u0026 Events&quot;:[{&quot;label&quot;:&quot;Promotional events&quot;,&quot;value&quot;:&quot;Yes&quot;,&quot;description&quot;:&quot;Regular events like markets and entrepreneur fairs&quot;},{&quot;label&quot;:&quot;Loyalty program penetration&quot;,&quot;value&quot;:&quot;30.0&quot;,&quot;description&quot;:&quot;Estimated participation in loyalty programs&quot;},{&quot;label&quot;:&quot;Digital signage presence&quot;,&quot;value&quot;:&quot;Yes&quot;,&quot;description&quot;:&quot;Digital displays for promotions throughout the mall&quot;}],&quot;Growth Potential&quot;:[{&quot;label&quot;:&quot;Projected foot traffic growth&quot;,&quot;value&quot;:&quot;3.0&quot;,&quot;description&quot;:&quot;Expected annual growth in visitors&quot;},{&quot;label&quot;:&quot;New tenant pipeline&quot;,&quot;value&quot;:&quot;Yes&quot;,&quot;description&quot;:&quot;Ongoing recruitment of new retailers&quot;},{&quot;label&quot;:&quot;Mall expansion plans&quot;,&quot;value&quot;:&quot;nan&quot;,&quot;description&quot;:&quot;No major expansion announced, minor updates possible&quot;}]}" data-map-mapbox-token-value="pk.eyJ1Ijoib2NjdXBpIiwiYSI6ImNtZXFkdHZwczBtNjIya215OWVpaGtucXoifQ.xiNo8HmyyKim2YrJ3LdqdQ" data-map-nearby-malls-value="{&quot;primary&quot;:[{&quot;id&quot;:7225,&quot;slug&quot;:&quot;cacique&quot;,&quot;name&quot;:&quot;Cacique&quot;,&quot;lat&quot;:&quot;7.0991809&quot;,&quot;lng&quot;:&quot;-73.1073551&quot;,&quot;property_type&quot;:&quot;Regional&quot;,&quot;description&quot;:&quot;Centro Comercial Cacique, located at Transversal 93 #34-99 in Bucaramanga, Santander Department, Colombia, is a regional shopping center that opened in 2013. It features a gross leasable area (GLA) of 100,000 square meters across four levels and is integrated with a Holiday Inn hotel, enhancing its appeal for combined leisure and retail experiences. The mall&#39;s modern steel-and-glass design includes efficient HVAC systems, 24/7 security, and energy-efficient lighting that reduces operational costs by approximately 15%. It hosts over 200 stores, with a tenant mix emphasizing mass-market retail: more than 30% dedicated to apparel (brands like PUMA, Bosi, Mussi), alongside accessories (Totto, FXA), home goods (Americana de Colchones), beauty (Spansion), technology sections, a supermarket, and diverse dining options from quick-service outlets like Juan Valdez to gourmet eateries. Anchor tenants include Falabella department store, Alkosto electronics retailer, Éxito hypermarket, Cine Colombia cinema, and a casino, which drive cross-traffic and average dwell times of 90 minutes. Annual footfall exceeds 5 million visitors, with monthly averages around 416,667, peaking during weekends, holidays, and 20 annual events that boost attendance by 30%. Occupancy rates stand at 90-95%, above the regional average of 82-88%, reflecting strong demand and low vacancy risks of about 4%, while Bucaramanga&#39;s overall retail vacancy is 8%. In the local market, Cacique holds a dominant position as the largest mall in Bucaramanga, a city with a population of around 600,000 and moderate retail density of two malls per 100 square kilometers. It outperforms competitors such as the upscale, fashion-focused Cabecera Mall in the north and the smaller Parque Caracolí (80,000 sqm GLA). The primary catchment area encompasses 800,000 residents within a 5-10 km radius, extending to 1.2 million in the broader Santander metropolitan area, with a median age of 30 years, average household size of 3.6 persons, and 40% middle-class demographics focused on ages 25-45. Annual household incomes average 9,000 USD, influenced by sectors like education, healthcare, and light manufacturing, with population growth at 1% yearly and a consumer confidence index of 35. Leasing opportunities benefit from competitive rents of 50-80 Colombian pesos per square meter monthly (equivalent to approximately 360 USD per square meter yearly), 3-5 year lease terms with renewal options, initial rent abatements for six months, build-out allowances up to 20% of space costs, and 8-10% overage on sales. However, higher utility fees in summer and national economic factors like 7% unemployment and inflation pose spending sensitivities, particularly for non-essential categories.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Bucaramanga&quot;},&quot;anchor_tenants&quot;:&quot;Falabella, Alkosto, Cine Colombia&quot;,&quot;distance&quot;:3.08,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;85&quot;,&quot;gla_sqm&quot;:&quot;140000&quot;,&quot;anchor_tenants&quot;:&quot;Falabella, Alkosto, Cine Colombia&quot;}},{&quot;id&quot;:7229,&quot;slug&quot;:&quot;centro-comercial-cabecera-del-llano&quot;,&quot;name&quot;:&quot;Centro Comercial Cabecera Del Llano&quot;,&quot;lat&quot;:&quot;7.1149958&quot;,&quot;lng&quot;:&quot;-73.1087864&quot;,&quot;property_type&quot;:&quot;Shopping Centre&quot;,&quot;description&quot;:&quot;Centro Comercial Cabecera del Llano is a prominent retail complex in the upscale Cabecera del Llano neighborhood of Bucaramanga, Santander, Colombia, comprising multiple stages developed since the 1950s with the Cuarta Etapa opening in 1989 as the citys first vertical mall on five floors. Spanning approximately 150 stores in the Cuarta Etapa alone, the property offers a diverse tenant mix including fashion (Koaj, Lenny Baron), jewelry (Sladyr Joyeros, Isis Joyeria), footwear (Atenas Shoes, Salomé), home goods (Dormilife), technology (Mega Tech Store), health and beauty (Armonia Facial), bookstores (Libreria San Pablo), and dining options, alongside entertainment facilities like cinemas in nearby stages. Positioned in a key commercial hub, it benefits from high accessibility via Carrera 35A, with strong vehicular and pedestrian traffic supported by ample parking. The surrounding area features complementary retail, restaurants, and services, contributing to robust footfall estimated at regional averages of 5-7 million annual visitors for similar mid-sized malls in Bucaramanga metro (population ~1.2 million, median income ~COP 2.5M/month or USD 600). Occupancy stands at around 92% based on 2024 Colombian retail reports, with average rents of USD 25-35 per sqm/month reflecting premium positioning. Market factors include Bucaramangas growing retail sector (sales up 8% YoY in 2024 per Fenalco), driven by urban expansion and tourism, but challenged by economic volatility and e-commerce rise. Leasing advantages encompass established brand synergy, family-oriented demographics (middle-upper class, aged 25-55), and operational reliability with security and modern updates post-2020. Potential drawbacks involve aging infrastructure requiring maintenance, intense local competition from newer centers like Cañaveral (GLA 100k sqm), and category saturation in apparel/jewelry amid 15% market growth slowdown projected for 2025.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Bucaramanga&quot;},&quot;anchor_tenants&quot;:&quot;Falabella, Alkosto, Cine Colombia&quot;,&quot;distance&quot;:4.84,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;120&quot;,&quot;gla_sqm&quot;:&quot;30000&quot;,&quot;anchor_tenants&quot;:&quot;Falabella, Alkosto, Cine Colombia&quot;}},{&quot;id&quot;:6770,&quot;slug&quot;:&quot;centro-comercial-canaveral&quot;,&quot;name&quot;:&quot;Centro Comercial Cañaveral&quot;,&quot;lat&quot;:&quot;7.0709074&quot;,&quot;lng&quot;:&quot;-73.1068591&quot;,&quot;property_type&quot;:&quot;Shopping Centre&quot;,&quot;description&quot;:&quot;Centro Comercial Cañaveral, situated at Calle 30 No. 25-71 in Floridablanca, Santander, Colombia, operates as a mid-tier retail destination established in 1984. The mall covers 30,000 square meters of gross leasable area, with expansion plans to 71,000 square meters across four levels, including 800 parking spaces. It draws from the Bucaramanga metropolitan area, recording over 12.7 million annual visitors and 35,000 daily footfall, supported by 2,000 daily vehicles. Tenant mix features 180 stores: 39 fashion, 21 restaurants, 18 beauty, 16 footwear, 11 banks, anchored by Cinemark and Totto. Regional occupancy hovers at 85-90%, with 5% vacancy here; rents average 25 USD per square meter monthly. Accessibility benefits from major roads and public transport, though peak congestion affects logistics. Within 10 km, demographics show 300,000 residents, median age 32, 3.6 persons per household, average income 3.2 million COP monthly, and 6.5% unemployment. Leasing advantages encompass high traffic in a commerce-driven region with GDP growth above national average, family amenities like playgrounds and pet-friendly spaces, and innovations such as La Calle Gourmet 3,200 square meter outdoor food area promoting 40% food sales and 30% digital channels. Market position strengthens via events drawing 40% visitors monthly, yet faces saturation with four malls per 100,000 population and economic oil dependency risks.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Floridablanca&quot;},&quot;anchor_tenants&quot;:&quot;Cinemark, Totto, Various Restaurants&quot;,&quot;distance&quot;:0.2,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;180&quot;,&quot;gla_sqm&quot;:&quot;20000&quot;,&quot;anchor_tenants&quot;:&quot;Cinemark, Totto, Various Restaurants&quot;}},{&quot;id&quot;:7656,&quot;slug&quot;:&quot;centro-comercial-cacique&quot;,&quot;name&quot;:&quot;Centro Comercial Cacique&quot;,&quot;lat&quot;:&quot;7.0991809&quot;,&quot;lng&quot;:&quot;-73.1073551&quot;,&quot;property_type&quot;:&quot;Regional&quot;,&quot;description&quot;:&quot;Centro Comercial Cacique, situated in Bucaramangas commercial district near Transversal 93 and integrated with Holiday Inn hotel, spans approximately 160,000 square meters of gross leasable area across four levels, positioning it as the largest mall in the Santander region serving 1.2 million metropolitan residents. Occupancy rates range from 90-95%, surpassing the regional average of 82-88%, indicating strong demand and low vacancy risks of about 4%. Annual footfall exceeds 5 million visitors, with monthly averages around 416,000, peaking on weekends and holidays due to events and entertainment anchors. Tenant mix comprises over 150 stores, with more than 30% dedicated to apparel including brands like PUMA, Bosi, and Mussi; accessories from Totto and FXA; home goods such as Americana de Colchones; beauty outlets like Spasion; plus technology sections, supermarkets, and dining from quick-service Juan Valdez to gourmet options. Key anchors include Falabella department store, Alkosto electronics, Éxito hypermarket, Cine Colombia cinema, and a casino, fostering cross-traffic and average dwell times of 90 minutes. Sales potential reaches 3,000 USD per square meter annually. Leasing advantages feature competitive rents of 50-80 Colombian pesos per square meter monthly (equivalent to 360 USD per square meter yearly), 3-5 year terms with renewal options, initial rent abatements for six months, and build-out allowances up to 20% of space costs, plus 8-10% overage on sales. Accessibility benefits from proximity to major arterials and 2,000 parking spaces, though public transport links are moderate and peak-hour congestion occurs. The middle-class demographic, with 40% aged 25-45 and household incomes averaging 2-3 million Colombian pesos monthly, supports value-driven retail, bolstered by growth in education, healthcare, and manufacturing sectors. However, challenges encompass high e-commerce penetration at 15% of sales, competition from nearby malls, fashion category saturation, and seasonal rainy period footfall reductions.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Bucaramanga&quot;},&quot;anchor_tenants&quot;:&quot;Falabella, Alkosto, Cine Colombia, Éxito&quot;,&quot;distance&quot;:3.08,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;200&quot;,&quot;gla_sqm&quot;:&quot;100000&quot;,&quot;anchor_tenants&quot;:&quot;Falabella, Alkosto, Cine Colombia, Éxito&quot;}}],&quot;secondary&quot;:[{&quot;id&quot;:7206,&quot;slug&quot;:&quot;centro-comercial-el-portal-del-valle&quot;,&quot;name&quot;:&quot;Centro Comercial El Portal Del Valle&quot;,&quot;lat&quot;:&quot;6.9724112&quot;,&quot;lng&quot;:&quot;-73.051351&quot;,&quot;property_type&quot;:&quot;Mixed-Use&quot;,&quot;description&quot;:&quot;Centro Comercial El Portal del Valle is a neighborhood shopping center located in the Portal del Valle residential area of Piedecuesta, Santander, Colombia, part of the greater Bucaramanga metropolitan area. Opened in the mid-2010s, it spans approximately 15,000 square meters with around 50-60 retail units, focusing on everyday essentials, local services, and small-scale entertainment. The tenant mix includes supermarkets like local chains, pharmacies, clothing boutiques, fast-food outlets, and basic electronics stores, catering primarily to nearby residents rather than regional shoppers. Positioned along key transit routes connected to the Metrolinea system at Estación Portal del Valle, it benefits from moderate footfall of about 5,000-7,000 daily visitors, driven by local traffic and public transport. Occupancy rates hover around 85-90%, with average rents at 25,000-35,000 COP per square meter per month, competitive for secondary locations in Santander. Market position is as a convenience-oriented center in a growing suburb with population density of over 150,000 in Piedecuesta, supported by economic expansion in agriculture and light industry. Leasing advantages include flexible terms for small retailers, proximity to residential developments like Paseo del Puente, and lower entry costs compared to larger malls like Delacuesta Centro Comercial. However, challenges include limited anchor tenants, seasonal footfall dips during rainy periods, and competition from e-commerce and nearby hypermarkets. Operational quality is average, with modern but aging infrastructure requiring maintenance, and accessibility via Carrera 2a Oeste is good but prone to congestion during peak hours. Demographic profile features middle-income families (average household income 3-5 million COP monthly), with strong demand for affordable goods amid regional GDP growth of 3-4% annually per DANE reports.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Piedecuesta&quot;},&quot;anchor_tenants&quot;:&quot;Supermarket&quot;,&quot;distance&quot;:12.53,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;80&quot;,&quot;gla_sqm&quot;:&quot;3000&quot;,&quot;anchor_tenants&quot;:&quot;Supermarket&quot;}},{&quot;id&quot;:7184,&quot;slug&quot;:&quot;unicentro-bucaramanga&quot;,&quot;name&quot;:&quot;Unicentro Bucaramanga&quot;,&quot;lat&quot;:&quot;7.118428&quot;,&quot;lng&quot;:&quot;-73.124378&quot;,&quot;property_type&quot;:&quot;Outlet&quot;,&quot;description&quot;:&quot;Unicentro Bucaramanga is a mid-sized retail center situated at Calle 36 No. 17-52 in the central commercial district of Bucaramanga, Santander, Colombia. Spanning approximately 25,000 square meters of gross leasable area, it features around 80-100 stores across two levels, emphasizing a balanced tenant mix of national chains, local boutiques, and service providers. Anchor tenants include a full-service supermarket like Alkosto or similar, fashion outlets from brands such as Arturo Calle and Velez, electronics from Ktron, and entertainment via Cine Colombia with 4-6 screens. Food and beverage occupies 25% of space, with options ranging from fast casual to sit-down restaurants like Crepes \u0026 Waffles and local eateries. According to Acecolombia market reports from 2024, occupancy hovers at 82-88%, reflecting steady demand in a city with 600,000 residents. Average rents are competitive at COP 45,000-55,000 per square meter per month, lower than premium malls, making it attractive for mid-tier retailers. Footfall averages 10,000-12,000 visitors daily, peaking at 15,000 on weekends, supported by proximity to office districts and residential neighborhoods. Accessibility is favorable via major avenues like Carrera 15 and 17, with bus routes and taxi stands, though parking for 400 vehicles can strain during events. The demographic targets middle-class families (household income COP 2-4 million monthly) and young professionals, leveraging Bucaramangas growing urban population and 4% annual GDP growth. Operational quality is adequate with recent upgrades to HVAC and security, but the mall faces challenges from intense competition by larger venues like Cabecera del Llano (150,000 m2, 95% occupancy) and Cacique Mall. Market saturation in apparel (15% vacancy in category) and regional economic volatility tied to oil prices pose risks, yet advantages include strong local draw and potential for pop-up events to boost traffic. Overall, it positions as a convenient neighborhood hub rather than a destination mall, with sales per square meter at COP 8-10 million annually per retail analytics.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Bucaramanga&quot;},&quot;anchor_tenants&quot;:&quot;Nike Outlet, Adidas Outlet, Falabella Outlet&quot;,&quot;distance&quot;:5.62,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;150&quot;,&quot;gla_sqm&quot;:&quot;30000&quot;,&quot;anchor_tenants&quot;:&quot;Nike Outlet, Adidas Outlet, Falabella Outlet&quot;}},{&quot;id&quot;:6764,&quot;slug&quot;:&quot;centro-comercial-paseo-san-andres&quot;,&quot;name&quot;:&quot;Centro Comercial Paseo San Andrés&quot;,&quot;lat&quot;:&quot;7.1195&quot;,&quot;lng&quot;:&quot;-73.1198&quot;,&quot;property_type&quot;:&quot;Neighborhood&quot;,&quot;description&quot;:&quot;Centro Comercial Paseo San Andrés, located in the heart of Bucaramanga at Calle 37 with Carrera 15, is a multi-story shopping center established in 1987 to accommodate former street vendors from Parque Centenario. Spanning several floors, it features over 200 small to medium-sized tenants offering a diverse tenant mix focused on affordable imported goods, including clothing, footwear, accessories, cosmetics, electronics, and household items. The center attracts high footfall from local residents seeking budget-friendly options, with daily visitor estimates exceeding 10,000 based on regional market reports from Colliers International. Occupancy rates hover around 90-95%, reflecting strong demand in the informal retail sector. Rent levels are competitive, averaging COP 20-30 per square meter monthly, lower than premium malls like Cabecera (COP 50+), making it accessible for emerging retailers. Accessibility is excellent via public transport, proximity to banks and notaries, though parking is limited to 200 spaces, potentially causing congestion. The surrounding demographic profile includes a mix of middle to lower-income families, students from nearby universities, and informal traders, with Bucaramanga&#39;s population of approximately 600,000 providing a stable customer base. Market position is strong in the value segment, but faces challenges from market saturation in imported goods and competition from online platforms. Operational quality is functional, with basic amenities like food courts and restrooms, though infrastructure shows signs of aging, requiring occasional maintenance. Leasing advantages include flexible terms for small spaces (10-50 sqm) and high visibility in a bustling urban core, supporting steady sales volumes reported at COP 1-2 billion monthly across tenants per local commercial real estate insights. Risks involve economic fluctuations affecting disposable income and potential regulatory scrutiny on informal trade practices.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Bucaramanga&quot;},&quot;anchor_tenants&quot;:&quot;Éxito, Falabella&quot;,&quot;distance&quot;:5.57,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;40&quot;,&quot;gla_sqm&quot;:&quot;12000&quot;,&quot;anchor_tenants&quot;:&quot;Éxito, Falabella&quot;}}],&quot;outside&quot;:[]}" data-map-update-url-value="/malls/cc-parque-caracoli" id="mall-map-wrapper"><div data-city="Floridablanca" data-current-mall="true" data-id="cc-parque-caracoli" data-lat="7.0715748" data-lng="-73.1051909" data-map-target="mall" data-name="Cc Parque Caracolí" style="display: none;"></div><div data-map-target="map" id="map"></div><div class="demographic-panel collapsed" data-map-target="demographicPanel"><div class="panel-header"><h4><i aria-hidden="true" class="ri-bar-chart-line"></i> Market Demographics</h4><button class="toggle-btn" onclick="this.parentElement.parentElement.classList.toggle(&quot;collapsed&quot;)"><i aria-hidden="true" class="ri-arrow-down-s-line"></i></button></div><div class="panel-content"><div class="stats-category"><h5>Mall Demographics</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">5 km Radius</div><div class="stat-label">Primary Catchment Area</div></div><div class="stat-card"><div class="stat-value">15 km Radius</div><div class="stat-label">Secondary Catchment Area</div></div><div class="stat-card"><div class="stat-value">800,000 People</div><div class="stat-label">Catchment area population</div></div><div class="stat-card"><div class="stat-value">1.0</div><div class="stat-label">Population growth rate</div></div></div></div><div class="stats-category"><h5>Economic Indicators</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">2,500,000 COP per month</div><div class="stat-label">Median household income</div></div><div class="stat-card"><div class="stat-value">7.5</div><div class="stat-label">Unemployment rate</div></div><div class="stat-card"><div class="stat-value">30.6 Index</div><div class="stat-label">Cost of living index</div></div></div></div><div class="stats-category"><h5>Consumer Spending</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">2,200 USD per year</div><div class="stat-label">Retail spending per capita</div></div><div class="stat-card"><div class="stat-value">200 USD per year</div><div class="stat-label">Spending on apparel</div></div><div class="stat-card"><div class="stat-value">800 USD per year</div><div class="stat-label">Spending on groceries</div></div><div class="stat-card"><div class="stat-value">150 USD per year</div><div class="stat-label">Spending on electronics</div></div></div></div><div class="stats-category"><h5>Mall Traffic &amp; Performance</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">4,000,000 Visitors per year</div><div class="stat-label">Annual foot traffic</div></div><div class="stat-card"><div class="stat-value">90 Minutes</div><div class="stat-label">Dwell time</div></div><div class="stat-card"><div class="stat-value">15.0</div><div class="stat-label">Conversion rate</div></div><div class="stat-card"><div class="stat-value">4,000 USD per year</div><div class="stat-label">Sales per square meter</div></div></div></div><div class="stats-category"><h5>Competition &amp; Tenant Mix</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">120 Stores</div><div class="stat-label">Number of retail stores</div></div><div class="stat-card"><div class="stat-value">Yes</div><div class="stat-label">Anchor tenant presence</div></div><div class="stat-card"><div class="stat-value">3 Malls within 10km</div><div class="stat-label">Competitor density (same category)</div></div><div class="stat-card"><div class="stat-value">High</div><div class="stat-label">Tenant diversity</div></div></div></div><div class="stats-category"><h5>Real Estate &amp; Leasing</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">45,000 sqm</div><div class="stat-label">Gross Leasable Area</div></div><div class="stat-card"><div class="stat-value">2 Levels</div><div class="stat-label">Number of Levels</div></div><div class="stat-card"><div class="stat-value">15 USD per month</div><div class="stat-label">Average rent per square meter</div></div><div class="stat-card"><div class="stat-value">4.0</div><div class="stat-label">Vacancy rate</div></div></div></div><div class="stats-category"><h5>Accessibility &amp; Infrastructure</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">High</div><div class="stat-label">Proximity to main roads</div></div><div class="stat-card"><div class="stat-value">Good Bus lines</div><div class="stat-label">Public transport access</div></div><div class="stat-card"><div class="stat-value">1,200 Spaces</div><div class="stat-label">Parking spaces</div></div><div class="stat-card"><div class="stat-value">Medium</div><div class="stat-label">Pedestrian traffic</div></div></div></div><div class="stats-category"><h5>Digital &amp; E-commerce Trends</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">High</div><div class="stat-label">E-commerce competition</div></div><div class="stat-card"><div class="stat-value">20.0</div><div class="stat-label">Click-and-collect adoption</div></div><div class="stat-card"><div class="stat-value">75.0</div><div class="stat-label">Internet penetration</div></div></div></div><div class="stats-category"><h5>Safety &amp; Security</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">5 Incidents per 1,000 visitors</div><div class="stat-label">Retail crime rate</div></div><div class="stat-card"><div class="stat-value">Advanced</div><div class="stat-label">Security measures</div></div></div></div><div class="stats-category"><h5>Marketing &amp; Events</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">Yes</div><div class="stat-label">Promotional events</div></div><div class="stat-card"><div class="stat-value">30.0</div><div class="stat-label">Loyalty program penetration</div></div><div class="stat-card"><div class="stat-value">Yes</div><div class="stat-label">Digital signage presence</div></div></div></div><div class="stats-category"><h5>Growth Potential</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">3.0</div><div class="stat-label">Projected foot traffic growth</div></div><div class="stat-card"><div class="stat-value">Yes</div><div class="stat-label">New tenant pipeline</div></div><div class="stat-card"><div class="stat-value">nan</div><div class="stat-label">Mall expansion plans</div></div></div></div></div></div></div></template></turbo-stream>