<turbo-stream action="replace" target="mall-map-wrapper"><template><div data-controller="map" data-lat="14.5891043" data-lng="-90.519339" data-map-catchment-data-value="{&quot;lat&quot;:&quot;14.5891043&quot;,&quot;lng&quot;:&quot;-90.519339&quot;,&quot;primary_radius&quot;:5.0,&quot;secondary_radius&quot;:15.0,&quot;population&quot;:3300000}" data-map-demographic-summary-value="{&quot;Mall Demographics&quot;:[{&quot;label&quot;:&quot;Primary Catchment Area&quot;,&quot;value&quot;:&quot;800,000 People&quot;,&quot;description&quot;:&quot;Estimated primary catchment area population within a 5-km radius&quot;},{&quot;label&quot;:&quot;Secondary Catchment Area&quot;,&quot;value&quot;:&quot;2,500,000 People&quot;,&quot;description&quot;:&quot;Estimated secondary catchment area population within a 10-20 km radius&quot;},{&quot;label&quot;:&quot;Catchment area population&quot;,&quot;value&quot;:&quot;3,300,000 People&quot;,&quot;description&quot;:&quot;Total estimated population in the catchment area, indicating potential customer base&quot;},{&quot;label&quot;:&quot;Population growth rate&quot;,&quot;value&quot;:&quot;1.4&quot;,&quot;description&quot;:&quot;Annual population growth rate in the catchment area&quot;},{&quot;label&quot;:&quot;Median age&quot;,&quot;value&quot;:&quot;22 Years&quot;,&quot;description&quot;:&quot;Median age of residents in the catchment area&quot;},{&quot;label&quot;:&quot;Household size&quot;,&quot;value&quot;:&quot;4.5 Persons&quot;,&quot;description&quot;:&quot;Average household size in the catchment area&quot;},{&quot;label&quot;:&quot;Education level (tertiary)&quot;,&quot;value&quot;:&quot;15.0&quot;,&quot;description&quot;:&quot;Percentage of population with tertiary education in the area, estimated from national averages&quot;}],&quot;Economic Indicators&quot;:[{&quot;label&quot;:&quot;Median household income&quot;,&quot;value&quot;:&quot;6,000 USD/year&quot;,&quot;description&quot;:&quot;Median annual household income in the mall&#39;s economic area&quot;},{&quot;label&quot;:&quot;Unemployment rate&quot;,&quot;value&quot;:&quot;2.0&quot;,&quot;description&quot;:&quot;Unemployment rate in the Guatemala City area&quot;},{&quot;label&quot;:&quot;Cost of living index&quot;,&quot;value&quot;:&quot;50 Index (US=100)&quot;,&quot;description&quot;:&quot;Cost of living index for the area, benchmarked against the US&quot;}],&quot;Consumer Spending&quot;:[{&quot;label&quot;:&quot;Retail spending per capita&quot;,&quot;value&quot;:&quot;267 USD/year&quot;,&quot;description&quot;:&quot;Estimated annual retail spending per capita, derived from household spending divided by household size&quot;},{&quot;label&quot;:&quot;Spending on apparel&quot;,&quot;value&quot;:&quot;22 USD/year per capita&quot;,&quot;description&quot;:&quot;Annual spending on apparel per capita, estimated from household data&quot;},{&quot;label&quot;:&quot;Spending on groceries&quot;,&quot;value&quot;:&quot;539 USD/year&quot;,&quot;description&quot;:&quot;Annual spending on groceries per capita, based on national food retail data&quot;},{&quot;label&quot;:&quot;Spending on electronics&quot;,&quot;value&quot;:&quot;94 USD/year&quot;,&quot;description&quot;:&quot;Annual spending on electronics per capita from market forecasts&quot;}],&quot;Mall Traffic \u0026 Performance&quot;:[{&quot;label&quot;:&quot;Annual foot traffic&quot;,&quot;value&quot;:&quot;2,500,000 Visitors&quot;,&quot;description&quot;:&quot;Total annual visitor count for the mall&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;25.0&quot;,&quot;description&quot;:&quot;Percentage of visitors who make a purchase&quot;},{&quot;label&quot;:&quot;Sales per square meter&quot;,&quot;value&quot;:&quot;4,800 USD/year&quot;,&quot;description&quot;:&quot;Average annual sales per square meter, estimated from similar malls&quot;}],&quot;Competition \u0026 Tenant Mix&quot;:[{&quot;label&quot;:&quot;Number of retail stores&quot;,&quot;value&quot;:&quot;60 Stores&quot;,&quot;description&quot;:&quot;Total number of retail stores in the mall&quot;},{&quot;label&quot;:&quot;Anchor tenant presence&quot;,&quot;value&quot;:&quot;Yes Presence&quot;,&quot;description&quot;:&quot;Presence of anchor tenants like La Torre, Cinépolis, and Max Distelsa&quot;},{&quot;label&quot;:&quot;Competitor density (same category)&quot;,&quot;value&quot;:&quot;3 Malls/km²&quot;,&quot;description&quot;:&quot;Density of competing malls in the surrounding area&quot;},{&quot;label&quot;:&quot;Tenant diversity&quot;,&quot;value&quot;:&quot;High Level&quot;,&quot;description&quot;:&quot;High diversity in tenant mix including retail, dining, and entertainment&quot;},{&quot;label&quot;:&quot;Unique Concepts&quot;,&quot;value&quot;:&quot;Yes Presence&quot;,&quot;description&quot;:&quot;Unique features like pet-friendly policies and entertainment zones&quot;}],&quot;Real Estate \u0026 Leasing&quot;:[{&quot;label&quot;:&quot;Gross Leasable Area&quot;,&quot;value&quot;:&quot;25,000 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;3 Levels&quot;,&quot;description&quot;:&quot;Number of levels in the mall structure&quot;},{&quot;label&quot;:&quot;Average rent per square meter&quot;,&quot;value&quot;:&quot;18 USD/month&quot;,&quot;description&quot;:&quot;Average monthly rent per square meter&quot;},{&quot;label&quot;:&quot;Vacancy rate&quot;,&quot;value&quot;:&quot;8.0&quot;,&quot;description&quot;:&quot;Current vacancy rate for leasable spaces&quot;},{&quot;label&quot;:&quot;Lease term flexibility&quot;,&quot;value&quot;:&quot;Standard Terms&quot;,&quot;description&quot;:&quot;Standard lease terms with flexibility for negotiations&quot;},{&quot;label&quot;:&quot;Available retail space&quot;,&quot;value&quot;:&quot;2,000 sqm&quot;,&quot;description&quot;:&quot;Size of the largest available retail space&quot;}],&quot;Accessibility \u0026 Infrastructure&quot;:[{&quot;label&quot;:&quot;Proximity to main roads&quot;,&quot;value&quot;:&quot;High Level&quot;,&quot;description&quot;:&quot;High proximity to major avenues like Avenida Las Américas&quot;},{&quot;label&quot;:&quot;Public transport access&quot;,&quot;value&quot;:&quot;High Level&quot;,&quot;description&quot;:&quot;Good access via public transport in Zona 14&quot;},{&quot;label&quot;:&quot;Parking spaces&quot;,&quot;value&quot;:&quot;600 Spaces&quot;,&quot;description&quot;:&quot;Number of available parking spaces&quot;},{&quot;label&quot;:&quot;Pedestrian traffic&quot;,&quot;value&quot;:&quot;High Level&quot;,&quot;description&quot;:&quot;High pedestrian accessibility due to urban location&quot;}],&quot;Digital \u0026 E-commerce Trends&quot;:[{&quot;label&quot;:&quot;E-commerce competition&quot;,&quot;value&quot;:&quot;20.0&quot;,&quot;description&quot;:&quot;E-commerce penetration impacting physical retail&quot;},{&quot;label&quot;:&quot;Click-and-collect adoption&quot;,&quot;value&quot;:&quot;High Level&quot;,&quot;description&quot;:&quot;High adoption of click-and-collect services&quot;},{&quot;label&quot;:&quot;Internet penetration&quot;,&quot;value&quot;:&quot;65.0&quot;,&quot;description&quot;:&quot;Internet penetration rate in the area&quot;}],&quot;Safety \u0026 Security&quot;:[{&quot;label&quot;:&quot;Retail crime rate&quot;,&quot;value&quot;:&quot;12 Incidents/1,000 visitors&quot;,&quot;description&quot;:&quot;Rate of security incidents per 1,000 visitors&quot;},{&quot;label&quot;:&quot;Security measures&quot;,&quot;value&quot;:&quot;CCTV and guards Features&quot;,&quot;description&quot;:&quot;Implementation of CCTV and security guards&quot;}],&quot;Marketing \u0026 Events&quot;:[{&quot;label&quot;:&quot;Promotional events&quot;,&quot;value&quot;:&quot;Monthly Frequency&quot;,&quot;description&quot;:&quot;Frequency of promotional events and activities&quot;},{&quot;label&quot;:&quot;Loyalty program penetration&quot;,&quot;value&quot;:&quot;25.0&quot;,&quot;description&quot;:&quot;Estimated penetration of loyalty programs&quot;},{&quot;label&quot;:&quot;Digital signage presence&quot;,&quot;value&quot;:&quot;Yes Presence&quot;,&quot;description&quot;:&quot;Presence of digital signage for marketing&quot;}],&quot;Growth Potential&quot;:[{&quot;label&quot;:&quot;Projected foot traffic growth&quot;,&quot;value&quot;:&quot;5.0&quot;,&quot;description&quot;:&quot;Projected annual growth in foot traffic&quot;},{&quot;label&quot;:&quot;New tenant pipeline&quot;,&quot;value&quot;:&quot;10 Tenants&quot;,&quot;description&quot;:&quot;Recent additions to tenant pipeline&quot;},{&quot;label&quot;:&quot;Mall expansion plans&quot;,&quot;value&quot;:&quot;Phase 2 Plans&quot;,&quot;description&quot;:&quot;Plans for Phase 2 expansion&quot;}]}" data-map-mapbox-token-value="pk.eyJ1Ijoib2NjdXBpIiwiYSI6ImNtZXFkdHZwczBtNjIya215OWVpaGtucXoifQ.xiNo8HmyyKim2YrJ3LdqdQ" data-map-nearby-malls-value="{&quot;primary&quot;:[{&quot;id&quot;:7678,&quot;slug&quot;:&quot;zona-pradera&quot;,&quot;name&quot;:&quot;Zona Pradera&quot;,&quot;lat&quot;:&quot;14.5818079&quot;,&quot;lng&quot;:&quot;-90.4950553&quot;,&quot;property_type&quot;:&quot;Regional&quot;,&quot;description&quot;:&quot;Zona Pradera is a prominent mixed-use development in Zone 10 of Guatemala City, featuring five interconnected office towers designed by architect Pelayo Llarena, along with commercial plazas and financial lobbies. Located on Boulevard Los Proceres 24-69, it serves as a key hub in the citys financial district, hosting over 350 local and international companies and attracting approximately 1,500 external visitors daily. The complex supports a community of more than 4,500 tenants, emphasizing security, sustainability, and modern facilities. Retail leasing opportunities exist within the commercial plazas, offering spaces for shops, cafes, and services amid high-traffic office environments. The tenant mix includes financial services, professional offices, and ancillary retail such as convenience stores and eateries, benefiting from proximity to major avenues and public transport. Market position is strong due to its central location in a growing economy with 4% GDP growth projected for 2024, but faces challenges from urban congestion and competition from nearby malls like Oakland Mall. Leasing advantages include flexible terms in a premium area with demographics skewed toward middle-to-upper-income professionals aged 25-55, though rent levels average around USD 20-25 per sqm based on regional commercial real estate trends. Footfall is steady from office workers, with network-wide Pradera malls reporting over 57 million annual visits, though specific occupancy for retail spaces hovers at 85-90% amid post-pandemic recovery. Accessibility via major roads is good, but parking demand peaks during business hours. Operational quality is high with updated infrastructure, yet risks include market saturation in Zone 10 and potential economic volatility affecting corporate spending.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Guatemala City&quot;},&quot;anchor_tenants&quot;:&quot;Walmart, Cinemark, La Torre&quot;,&quot;distance&quot;:2.74,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;100&quot;,&quot;gla_sqm&quot;:&quot;35000&quot;,&quot;anchor_tenants&quot;:&quot;Walmart, Cinemark, La Torre&quot;}},{&quot;id&quot;:8647,&quot;slug&quot;:&quot;centro-comercial-boulevard-los-proceres&quot;,&quot;name&quot;:&quot;Centro Comercial Boulevard Los Próceres&quot;,&quot;lat&quot;:&quot;14.5900725&quot;,&quot;lng&quot;:&quot;-90.5059801&quot;,&quot;property_type&quot;:&quot;Regional&quot;,&quot;description&quot;:&quot;Gran Centro Los Próceres, now known as Centro Comercial Próceres, is a mid-tier shopping complex in Zona 10, Guatemala City, opened in 1993 by the Los Próceres Group. Spanning 60,000 square meters of gross leasable area across four levels, it houses around 250 stores focused on value-oriented retail including clothing, shoes, furniture, electronics, and casual dining options from international cuisine to fast-food chains and ice-cream kiosks. Anchor tenants include Walmart, Cinemark with five cinemas, and Office Depot, supporting entertainment-driven traffic. The property offers over 1,200 covered parking spaces and is pet-friendly, appealing to families. Market position as an established regional mall benefits from central location in the vibrant Zona Viva business district, with average daily footfall of 12,000 visitors peaking at 20,000 on weekends and annual estimates of 8 million. Occupancy rates stand at approximately 87%, aligning with Guatemala City averages of 85-90% per 2024 commercial real estate reports. Rent levels range from $18-22 per square meter monthly, competitive for the area with incentives like up to three months rent-free for new tenants, though common area maintenance fees are $4-6 per square meter due to aging infrastructure. Accessibility is strong via major boulevards and proximity to offices and hotels, but challenged by traffic congestion on Boulevard Los Próceres and limited public transit options. Demographic profile targets middle to upper-middle class urban professionals aged 25-45, families, and expatriates with household incomes of $1,500-3,000 monthly in a metro area of 2.5 million residents. Leasing advantages include flexible spaces from 50 to 500 square meters, low tenant turnover under 5% annually, and steady demand for value retailers amid 20% retail space growth since 2020. However, drawbacks encompass high competition from over 15 upscale malls like Oakland Mall and Arkadia with higher footfall, market saturation in Zona 10, shifting preferences to e-commerce reducing impulse buys by 10-15%, and operational needs for infrastructure updates after 30 years. Overall, it suits retailers seeking affordable entry into a traffic-rich location with balanced category mix avoiding luxury segments, but requires strategies to counter competitive pressures and seasonal dips during rainy months.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Guatemala City&quot;},&quot;anchor_tenants&quot;:&quot;Walmart, Cinemark, Paiz&quot;,&quot;distance&quot;:1.44,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;255&quot;,&quot;gla_sqm&quot;:&quot;50000&quot;,&quot;anchor_tenants&quot;:&quot;Walmart, Cinemark, Paiz&quot;}},{&quot;id&quot;:8579,&quot;slug&quot;:&quot;centro-comercial-la-aurora&quot;,&quot;name&quot;:&quot;Centro Comercial La Aurora&quot;,&quot;lat&quot;:&quot;14.5870422&quot;,&quot;lng&quot;:&quot;-90.5026877&quot;,&quot;property_type&quot;:&quot;Shopping Centre&quot;,&quot;description&quot;:&quot;Centro Comercial La Aurora, located in Zona 13 of Guatemala City, operates primarily as a craft market known as Mercado de Artesanías La Aurora, situated at 6a Calle 10-95, adjacent to the La Aurora International Airport. This property spans a compact area focused on artisan vendors, featuring over 70 stalls dedicated to handmade Guatemalan crafts including textiles, jewelry, pottery, wood carvings, and traditional clothing. It serves as a key entry point for international tourists arriving via the airport, which handles over 5 million passengers annually, contributing to consistent footfall. The market&#39;s position in a residential and institutional zone near the zoo and airport enhances its accessibility but limits expansion potential due to urban constraints. Tenant mix emphasizes local artisans and small vendors, with no major anchor stores or international brands, fostering a niche for cultural retail. Occupancy rates remain high at approximately 95%, supported by low barriers to entry for vendors. Rent levels are modest, averaging Q500-Q1,500 per month per stall (about $65-$195 USD), making it attractive for small-scale operators. Leasing advantages include proximity to 2.5 million local residents in nearby zones and tourist influx, but drawbacks involve seasonal fluctuations tied to travel patterns and limited infrastructure for modern retail. Market reports from INGUAT highlight its role in promoting indigenous crafts, though competition from larger malls like Oakland Place diverts general shopping traffic. Overall, it suits specialty retail in souvenirs and ethnic goods, with risks from economic volatility affecting tourism.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Guatemala City&quot;},&quot;anchor_tenants&quot;:&quot;Various artisan shops&quot;,&quot;distance&quot;:1.81,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;100&quot;,&quot;gla_sqm&quot;:&quot;1500&quot;,&quot;anchor_tenants&quot;:&quot;Various artisan shops&quot;}},{&quot;id&quot;:7722,&quot;slug&quot;:&quot;centro-comercial-vista-hermosa&quot;,&quot;name&quot;:&quot;Centro Comercial Vista Hermosa&quot;,&quot;lat&quot;:&quot;14.6321682&quot;,&quot;lng&quot;:&quot;-90.5214889&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Centro Comercial Vista Hermosa is a neighborhood shopping center at 20 Calle 25-85, Zona 15, Vista Hermosa II, Guatemala City, with 15,000 sqm GLA across 2 levels. It targets the upscale Zona 15 residential area, home to high-income professionals and families. Tenant mix comprises 25 stores emphasizing convenience: Paiz supermarket, Banrural bank, Astral Vestidos as anchors, plus pharmacies, bakeries, beauty salons, and gift shops. Occupancy for similar centers stands at 85-90%, with rents averaging Q18-25 per sqm monthly, escalating 5% annually, plus 8-10% overage. Footfall estimates 1,000-2,000 daily visitors for errands, totaling around 400,000 annually, with 45-minute dwell time and 30% conversion rate. As a community hub, it leverages local demand amid 4-5% annual retail growth in Guatemala City, but trails larger malls in sales per sqm by 10-15%. Leasing benefits include flexible 50-200 sqm spaces, 3-5 year terms, and stable anchor renewals. Drawbacks encompass 2005-era infrastructure needing updates, moderate parking limiting access, and vulnerability to e-commerce in non-essentials. Zona 15&#39;s 15% higher disposable incomes aid stability, yet grocery and banking saturation poses challenges.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Guatemala City&quot;},&quot;anchor_tenants&quot;:&quot;Paiz supermarket, Banrural bank, Astral Vestidos&quot;,&quot;distance&quot;:4.79,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;25&quot;,&quot;gla_sqm&quot;:&quot;8000&quot;,&quot;anchor_tenants&quot;:&quot;Paiz supermarket, Banrural bank, Astral Vestidos&quot;}},{&quot;id&quot;:7710,&quot;slug&quot;:&quot;plaza-espana&quot;,&quot;name&quot;:&quot;Plaza España&quot;,&quot;lat&quot;:&quot;14.6012997&quot;,&quot;lng&quot;:&quot;-90.5188304&quot;,&quot;property_type&quot;:&quot;Shopping Centre&quot;,&quot;description&quot;:&quot;Plaza España is a mixed-use public square and emerging retail hub in Zone 9 of Guatemala City, featuring a historic fountain from 1789 honoring King Carlos III of Spain, surrounded by landscaped gardens, statues of notable Spanish figures, and recently developed small-scale commercial spaces. The area combines cultural significance with practical retail opportunities, located in a densely populated urban neighborhood near the business district of Zone 10. Accessibility is strong via major avenues like Avenida La Reforma and public transportation, with proximity to hotels, offices, and residential buildings. The tenant mix includes local specialty stores such as electronics outlets like Electrónica Panamericana, home goods like Colchonería Americana, and quick-service eateries, catering primarily to middle-class locals and occasional tourists. Footfall benefits from the plazas recreational appeal, estimated at moderate levels of 5,000-10,000 daily visitors based on urban park metrics in similar Central American cities, though retail-specific traffic is lower at around 1,000-2,000 shoppers per day. Occupancy rates in surrounding commercial strips hover around 85-90 percent, per regional real estate reports from Cushman \u0026 Wakefield Latin America, reflecting steady demand in this established area. Rent levels range from $18-25 per square meter monthly for ground-floor units, competitive with nearby zones but lower than premium malls like Oakland Mall in Zone 10. The propertys market position is solid for niche retailers targeting everyday needs, with advantages in low entry barriers and community integration, but faces challenges from larger, air-conditioned shopping centers drawing higher-end traffic. Operational quality is good, with recent renovations enhancing pedestrian flow and safety, though aging infrastructure in some adjacent buildings poses minor maintenance risks. Demographic profile includes young professionals and families with average household incomes of $1,500-3,000 monthly, supporting affordable retail formats. Potential leasing advantages include flexible short-term leases and visibility from high street traffic, but drawbacks involve seasonal footfall dips during rainy periods and competition from e-commerce growth in Guatemala, where online retail penetration reached 15 percent in 2023 according to Statista reports.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Guatemala City&quot;},&quot;anchor_tenants&quot;:&quot;Pollo Campero, Paiz&quot;,&quot;distance&quot;:1.36,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;25&quot;,&quot;gla_sqm&quot;:&quot;40000&quot;,&quot;anchor_tenants&quot;:&quot;Pollo Campero, Paiz&quot;}},{&quot;id&quot;:8619,&quot;slug&quot;:&quot;villa-mariscal&quot;,&quot;name&quot;:&quot;Villa Mariscal&quot;,&quot;lat&quot;:&quot;14.6088569&quot;,&quot;lng&quot;:&quot;-90.554017&quot;,&quot;property_type&quot;:&quot;Mixed-Use&quot;,&quot;description&quot;:&quot;Villa Mariscal is a mixed-use residential and commercial development located in Colonia Mariscal, Zona 11, Guatemala City, comprising four independent towers with 675 apartments and a compact commercial area featuring seven establishments. The tenant mix focuses on essential services, including a supermarket (La Torre), restaurant, bank, pharmacy, and other convenience-oriented retailers, designed to serve the immediate residential community rather than attract regional shoppers. Positioned in an emerging middle-class neighborhood, the property benefits from its proximity to key thoroughfares such as Avenida Mariscal and Avenida Las Americas, offering reasonable accessibility via public transport and personal vehicles, though traffic congestion in Zona 11 can pose challenges during peak hours. Market reports indicate that Guatemala Citys retail sector has seen steady growth, with neighborhood centers like this maintaining occupancy rates of 90-95 percent, supported by local demand amid urban expansion. Footfall is estimated at moderate levels, primarily from the 2,000-plus residents in the complex and surrounding areas, with limited external draw compared to larger malls. Rent levels for commercial spaces in similar Zona 11 locales range from Q3,000 to Q7,000 monthly for units of 50-100 square meters, reflecting affordable entry points for small retailers. Leasing advantages include a captive audience of families and professionals, low operational costs due to integrated security and maintenance, and potential for stable tenancy in essential categories. However, risks involve market saturation in convenience retail, dependency on residential occupancy growth, aging infrastructure in adjacent areas, and competition from established centers like Tikal Futura in nearby Zona 14 or Oakland Mall in Zona 10, which boast higher footfall of over 10 million annual visitors. Demographic profiles show middle-income households (Q15,000-30,000 monthly) dominating, with strong demand for daily necessities but weaker performance in discretionary spending categories. Operational quality is high within the development, featuring modern amenities, but broader Zona 11 faces issues like inconsistent utilities and security concerns outside gated areas.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Guatemala City&quot;},&quot;anchor_tenants&quot;:&quot;Supermarket, Bank, Pharmacy&quot;,&quot;distance&quot;:4.33,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;50&quot;,&quot;gla_sqm&quot;:&quot;5000&quot;,&quot;anchor_tenants&quot;:&quot;Supermarket, Bank, Pharmacy&quot;}},{&quot;id&quot;:8559,&quot;slug&quot;:&quot;centro-comercial-el-trebol-1&quot;,&quot;name&quot;:&quot;Centro Comercial El Trébol&quot;,&quot;lat&quot;:&quot;14.6137224&quot;,&quot;lng&quot;:&quot;-90.5340623&quot;,&quot;property_type&quot;:&quot;Shopping Centre&quot;,&quot;description&quot;:&quot;Plaza Trébol, known as Centro Comercial El Trébol, is situated on Calzada Roosevelt in Zone 11 of Guatemala City, serving as a compact neighborhood shopping center with an open-air layout incorporating green spaces and free surface parking for approximately 200 vehicles. The property spans an estimated 15,000 square meters of gross leasable area, positioning it as a convenience-oriented venue rather than a regional destination. Tenant mix is concentrated in home goods and consumer electronics, featuring key occupants such as Tuco Supermercado de Muebles for furniture, Dormilandia for bedding, and Telilandia for telecommunications and gadgets, alongside smaller services. In Guatemala&#39;s retail landscape, which experienced 4.2% sector growth in 2023 per Cushman \u0026 Wakefield reports, such centers maintain average occupancy of 87%, supported by local demand but challenged by e-commerce penetration at 12% of sales. Accessibility is facilitated by major thoroughfares like Roosevelt Avenue, connecting to key highways, though urban traffic and public transit limitations in Zone 11 can hinder broader catchment. Demographic profile targets middle-income households earning Q8,000-15,000 monthly, with a population radius of 500,000 within 5 km including young families and professionals. Leasing advantages include competitive rents averaging $18-24 per square meter monthly, below the $30+ in upscale Zone 10/14 areas, enabling viable operations for specialty retailers. Drawbacks encompass category saturation in durables, modest footfall of 2,000-4,000 daily visitors, and vulnerability to economic fluctuations with Guatemala&#39;s GDP growth at 3.5% in 2024. Operational quality is adequate with modern facades but some units show wear, requiring potential capex. Overall, it suits lessees seeking stable, low-overhead locations amid market saturation in premium formats.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Guatemala City&quot;},&quot;anchor_tenants&quot;:&quot;Comercial El Trebol, various furniture and retail stores&quot;,&quot;distance&quot;:3.16,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;85&quot;,&quot;gla_sqm&quot;:&quot;12000&quot;,&quot;anchor_tenants&quot;:&quot;Comercial El Trebol, various furniture and retail stores&quot;}},{&quot;id&quot;:8549,&quot;slug&quot;:&quot;plaza-del-comercio-1&quot;,&quot;name&quot;:&quot;Plaza Del Comercio&quot;,&quot;lat&quot;:&quot;14.6296361&quot;,&quot;lng&quot;:&quot;-90.5121189&quot;,&quot;property_type&quot;:&quot;Shopping Centre&quot;,&quot;description&quot;:&quot;Plaza del Comercio is a commercial plaza located in Zona 1, the historic center of Guatemala City, at 9 Avenida 17-47. This area features a mix of traditional retail spaces catering primarily to local residents and visitors exploring the central districts nearby landmarks like the National Palace and Central Park. The property operates as an open-air shopping venue with approximately 20-30 tenant units, focusing on everyday essentials such as clothing stores, small electronics shops, pharmacies, and casual eateries including pupuserias and fast-food outlets. Tenant mix emphasizes affordable, neighborhood-oriented businesses rather than luxury or international brands, with occupancy rates typically around 85-90 percent based on central zone averages from commercial real estate reports. In the broader Guatemala City retail landscape, which includes 15 major malls serving a trade area population of over 3.5 million, Plaza del Comercio holds a niche position for budget-conscious consumers in a densely populated urban core. Annual footfall is estimated at 500,000 to 800,000 visits, driven by pedestrian traffic from surrounding residential and office areas, though it lags behind upscale zones like Zona 10 with their 10 million plus visits. Rent levels range from $15 to $25 per square meter monthly, significantly lower than the $40-60 in premium malls, offering leasing advantages for startups or local chains seeking cost-effective entry into the city center without high overheads. Accessibility is strong via public buses and minibuses along key avenues, but challenges include heavy congestion and limited parking, with only about 50 spaces available. Market factors influencing performance include Guatemala&#39;s retail sector growth at 4-5 percent annually, supported by rising urban middle class, yet Zona 1 faces headwinds from economic informality and competition from modern centers like Oakland Mall. Potential risks involve infrastructure maintenance in an aging historic district, where buildings date back decades, and security perceptions that may deter evening shoppers. Overall, the plaza suits retailers targeting value-driven demographics but requires strategies to counter saturation in basic goods categories and enhance digital integration for broader reach.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Guatemala City&quot;},&quot;anchor_tenants&quot;:&quot;Various market vendors&quot;,&quot;distance&quot;:4.57,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;65&quot;,&quot;gla_sqm&quot;:&quot;3000&quot;,&quot;anchor_tenants&quot;:&quot;Various market vendors&quot;}},{&quot;id&quot;:7707,&quot;slug&quot;:&quot;zona-pradera-1&quot;,&quot;name&quot;:&quot;Zona Pradera&quot;,&quot;lat&quot;:&quot;14.5818079&quot;,&quot;lng&quot;:&quot;-90.4950553&quot;,&quot;property_type&quot;:&quot;Mixed-Use&quot;,&quot;description&quot;:&quot;Zona Pradera is a prominent mixed-use development in Zone 10 of Guatemala City, featuring five interconnected office towers designed by architect Pelayo Llarena, along with commercial plazas and financial lobbies. Located on Boulevard Los Proceres 24-69, it serves as a key hub in the citys financial district, hosting over 350 local and international companies and attracting approximately 1,500 external visitors daily. The complex supports a community of more than 4,500 tenants, emphasizing security, sustainability, and modern facilities. Retail leasing opportunities exist within the commercial plazas, offering spaces for shops, cafes, and services amid high-traffic office environments. The tenant mix includes financial services, professional offices, and ancillary retail such as convenience stores and eateries, benefiting from proximity to major avenues and public transport. Market position is strong due to its central location in a growing economy with 4% GDP growth projected for 2024, but faces challenges from urban congestion and competition from nearby malls like Oakland Mall. Leasing advantages include flexible terms in a premium area with demographics skewed toward middle-to-upper-income professionals aged 25-55, though rent levels average around USD 20-25 per sqm based on regional commercial real estate trends. Footfall is steady from office workers, with network-wide Pradera malls reporting over 57 million annual visits, though specific occupancy for retail spaces hovers at 85-90% amid post-pandemic recovery. Accessibility via major roads is good, but parking demand peaks during business hours. Operational quality is high with updated infrastructure, yet risks include market saturation in Zone 10 and potential economic volatility affecting corporate spending.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Guatemala City&quot;},&quot;anchor_tenants&quot;:&quot;Banks, Restaurants, Office Firms&quot;,&quot;distance&quot;:2.74,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;100&quot;,&quot;gla_sqm&quot;:&quot;80000&quot;,&quot;anchor_tenants&quot;:&quot;Banks, Restaurants, Office Firms&quot;}},{&quot;id&quot;:8620,&quot;slug&quot;:&quot;centro-comercial-cayala&quot;,&quot;name&quot;:&quot;Centro Comercial Cayalá&quot;,&quot;lat&quot;:&quot;14.6082887&quot;,&quot;lng&quot;:&quot;-90.486566&quot;,&quot;property_type&quot;:&quot;Shopping Centre&quot;,&quot;description&quot;:&quot;Centro Comercial Cayalá, also known as Paseo Cayalá, is an upscale open-air shopping and mixed-use development located in Zone 16 on the outskirts of Guatemala City. Developed as part of the larger Ciudad Cayalá master-planned community, it features a European-inspired colonial architecture with white buildings, wide pedestrian streets, and a pet-friendly environment. The property spans a commercial zone with over 260 stores and 36 restaurants, alongside residential units, offices, and entertainment options, totaling around 350 shops in the broader neighborhood. It positions itself as a premium destination for affluent shoppers, offering global brands in fashion and lifestyle, diverse dining from international cuisines like Italian and Swiss to local flavors, and family-oriented attractions such as a carousel, movie theater, canopy adventures, and Choco Museo. Accessibility relies on private vehicles with ample subterranean parking, but faces challenges from increasing traffic congestion on Blvd. Rafael Landivar; public transportation is limited, making it car-dependent. The tenant mix emphasizes high-end retail (clothing, accessories), food and beverage (cafes, bars, bistros), and services (banks, health facilities), with entertainment drawing families. Market reports indicate strong occupancy rates above 90% due to its secure, gated-community vibe in a city plagued by security concerns, though rent levels are elevated, averaging $25-40 per sqm monthly for prime spaces, reflecting the upscale positioning. Demographic profile targets upper-income residents (household incomes over $5,000 monthly), professionals, and expatriates in the surrounding high-end housing where apartments rent for $1,300+, contrasting national averages. Footfall peaks on weekends with estimates of 20,000-30,000 visitors, supported by events and its role as a social hub. However, competition from established malls like Zona Pradera and Oakland Mall in more central areas poses risks, as does market saturation in premium segments and potential infrastructure strain from rapid growth. Operational quality is high with clean, walkable spaces and maintenance, but aging elements are minimal given its relatively recent development since 2011. Leasing advantages include visibility to high-spending locals and stable tenancy in a low-vacancy environment, balanced by high operational costs and dependency on affluent demographics amid economic volatility in Guatemala.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Guatemala City&quot;},&quot;anchor_tenants&quot;:&quot;Cinema, Ferrari, Porsche, luxury brands&quot;,&quot;distance&quot;:4.12,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;90&quot;,&quot;gla_sqm&quot;:&quot;45000&quot;,&quot;anchor_tenants&quot;:&quot;Cinema, Ferrari, Porsche, luxury brands&quot;}},{&quot;id&quot;:7677,&quot;slug&quot;:&quot;oakland-mall&quot;,&quot;name&quot;:&quot;Oakland Mall&quot;,&quot;lat&quot;:&quot;14.5987057&quot;,&quot;lng&quot;:&quot;-90.5076063&quot;,&quot;property_type&quot;:&quot;Super Regional&quot;,&quot;description&quot;:&quot;Oakland Mall, situated at Diagonal 6, 13-01 Zona 10, Guatemala City, opened in 2008 as a premium six-floor retail center with 274,000 square meters of gross leasable area and approximately 170 tenants. Anchor stores include Simán, Cinépolis, La Torre, and H\u0026M, complemented by international fashion brands like Zara, Bershka, Pull and Bear, and categories spanning electronics, home goods, luxury items, and diverse dining options from fast-casual to a food court with Guatemalan and global cuisines. Amenities feature a multiplex cinema, aquarium, and childrens play areas, promoting family-oriented traffic. Occupancy reaches nearly 95%, exceeding the 85-90% average for premium malls. Daily footfall estimates 10,000-15,000 visitors, yielding 10 million annually with 120-minute average dwell time and Q600-Q900 per-visit sales, 30% above national averages in a sector forecasted for 6% annual growth through 2030. Ground-floor rents range Q150-Q250 per square meter monthly, plus 10-15% common area fees. The catchment area within 5 km encompasses 1.5 million residents in affluent Zona 10, targeting upper-middle to high-income professionals and families aged 25-50 with household incomes of Q50,000-Q100,000 monthly. As an upscale destination owned by Spectrum, it holds strong market position through brand loyalty, central location, and 2023 expansions, offering leasing advantages like flexible terms and high footfall quality amid moderate e-commerce impact, though challenged by urban traffic and nearby competition.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Guatemala City&quot;},&quot;anchor_tenants&quot;:&quot;Simán, Cinépolis, La Torre, H\u0026M&quot;,&quot;distance&quot;:1.65,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;170&quot;,&quot;gla_sqm&quot;:&quot;80000&quot;,&quot;anchor_tenants&quot;:&quot;Simán, Cinépolis, La Torre, H\u0026M&quot;}},{&quot;id&quot;:8616,&quot;slug&quot;:&quot;plaza-mayor-6&quot;,&quot;name&quot;:&quot;Plaza Mayor&quot;,&quot;lat&quot;:&quot;14.6297&quot;,&quot;lng&quot;:&quot;-90.5122&quot;,&quot;property_type&quot;:&quot;Mixed-Use&quot;,&quot;description&quot;:&quot;Plaza Mayor, integrated within the Plaza Fontabella upscale open-air retail center at 4a Avenida 12-59, Zona 10, Guatemala City, emulates a Spanish colonial plaza, contributing to the property&#39;s lifestyle-oriented design. The mall covers 25,000 sqm gross leasable area, constructed in 2008 and operational since 2014, offering 600 parking spaces and excellent access via major avenues like Avenida Las Americas and public transport in the vibrant Zona Rosa district. Average monthly footfall stands at 83,333, with daily visitors ranging 5,000-10,000, peaking on weekends due to dining and events, and a 90-minute dwell time. Occupancy holds steady at 93%, supported by a diverse tenant mix: 50% fashion and accessories including Longchamp and local boutiques, 35% food and beverage such as Palermo Restaurante, Applebee&#39;s, and Pollo Campero, and 15% entertainment and services like Cinemark Cinema Bistro and bookstores. Demographics in a 5 km radius include 1,200,000 residents, average age 32, household size 3.5, with 1.5% annual growth, targeting upper-middle-class professionals aged 25-55 earning over $50,000 annually, plus expats and tourists. In the competitive Guatemala City retail market, it positions as a premium venue distinct from enclosed malls, achieving average sales of $400/sqm/year. Leasing advantages encompass 3-5 year terms at $25-35/sqm/month base rent plus 12% turnover and CAM fees, with 5-7% escalations, benefiting from high visibility, event synergies, and operational quality including CCTV security. Potential challenges involve Zona 10 saturation from new developments, economic pressures on discretionary spending amid 2.5% national retail growth, and vulnerability to rainy season impacts on outdoor access.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Guatemala City&quot;},&quot;anchor_tenants&quot;:&quot;Catedral Metropolitana, Palacio Nacional&quot;,&quot;distance&quot;:4.58,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;120&quot;,&quot;gla_sqm&quot;:&quot;10000&quot;,&quot;anchor_tenants&quot;:&quot;Catedral Metropolitana, Palacio Nacional&quot;}},{&quot;id&quot;:8577,&quot;slug&quot;:&quot;centro-comercial-plaza-atanasio-tzul&quot;,&quot;name&quot;:&quot;Centro Comercial Plaza Atanasio Tzul&quot;,&quot;lat&quot;:&quot;14.5588952&quot;,&quot;lng&quot;:&quot;-90.5492322&quot;,&quot;property_type&quot;:&quot;Shopping Centre&quot;,&quot;description&quot;:&quot;Located at Avenida Petapa 51-57 in Zona 12, Guatemala City, Centro Comercial Plaza Atanasio Tzul serves as a neighborhood shopping center targeting local residents in a densely populated urban area. Opened in the early 2000s, it spans approximately 20,000 square meters with over 170 retail units, including anchor tenants like supermarkets (e.g., La Torre or similar local chains), multiple banks (more than 11 branches), pharmacies, clothing stores, and fast-food outlets. The tenant mix emphasizes convenience retail, financial services, and basic apparel, with some family entertainment options such as play areas, making it appealing for daily errands rather than destination shopping. Market position: It holds a strong local presence in Zona 12, a working-class district with middle to lower-middle income demographics, but faces competition from larger regional malls like Metroplaza (Zone 11) and Plaza Majadas (Zone 11), which draw higher footfall from broader areas. Occupancy rates in similar neighborhood centers in Guatemala City averaged 85% in 2024 per Cushman \u0026 Wakefield reports, with this property likely similar given its stable local draw. Footfall estimates around 4,000-6,000 daily visitors, lower than premium malls (e.g., Oakland Mall at 15,000+), influenced by proximity to high-traffic avenues but hampered by congestion on Calzada Atanasio Tzul. Rent levels range from $15-25 per square meter monthly for ground-floor spaces, competitive for the submarket but below Zone 14 premiums ($30+). Accessibility via public transport and vehicle is adequate, with free parking for two hours accommodating 500+ vehicles. Leasing advantages include flexible terms for small-format retailers (50-200 sqm units), low turnover, and community loyalty, though drawbacks involve aging infrastructure (built pre-2010) requiring maintenance and vulnerability to economic slowdowns affecting lower-income shoppers. Overall, suitable for value-oriented tenants serving essentials amid Guatemala City&#39;s retail saturation, where food and convenience categories grew 33% in sales to $9.7 billion in 2024 per USDA reports.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Guatemala City&quot;},&quot;anchor_tenants&quot;:&quot;Supermarket, Multiple Banks (11+), Restaurants&quot;,&quot;distance&quot;:4.65,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;170&quot;,&quot;gla_sqm&quot;:&quot;20000&quot;,&quot;anchor_tenants&quot;:&quot;Supermarket, Multiple Banks (11+), Restaurants&quot;}},{&quot;id&quot;:8712,&quot;slug&quot;:&quot;hollywood-center&quot;,&quot;name&quot;:&quot;Hollywood Center&quot;,&quot;lat&quot;:&quot;14.6217566&quot;,&quot;lng&quot;:&quot;-90.5364595&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Hollywood Center, located in Zone 11 of Guatemala City at Calle Catalina Fernández de Pou, operates as a mid-sized neighborhood shopping center catering to local residents with a focus on affordable retail and daily necessities. Opened in the early 2000s, it spans approximately 15,000 square meters across two levels, featuring around 50 tenants including clothing stores, shoe retailers, electronics outlets, and casual dining options. The tenant mix emphasizes value-oriented brands such as local fashion chains, budget electronics providers, and fast-food establishments like Bodegas Hollywood and Boc a Lomito, alongside accessory shops and supermarkets. Market positionally, it serves as a convenient hub for middle-income families in the surrounding residential areas, benefiting from proximity to major roads like Avenida La Castellana for accessibility via public transport and private vehicles. Footfall averages 4,000 to 5,500 visitors daily, peaking on weekends, supported by free parking for 200 vehicles. Occupancy stands at 85-90% as of late 2024, reflecting steady demand in a recovering retail sector post-pandemic, with overall Guatemala City mall occupancy at 88-92%. Rent levels range from $20 to $30 per square meter monthly, inclusive of common area maintenance, making it attractive for small to medium-sized retailers seeking lower entry barriers compared to premium centers like Oakland Mall. Leasing advantages include flexible terms with short notice periods and opportunities for pop-up spaces, though challenges arise from nearby competition and occasional infrastructure maintenance needs in an aging property. The surrounding demographic profile includes working-class and lower-middle-income households, with a median age of 28-35 and household sizes of 4-5, driving consistent traffic for everyday shopping. Operational quality is moderate, with standard security and air-conditioned common areas, but lacks high-end entertainment anchors that larger malls offer. Risks include market saturation in budget retail categories and potential footfall dips during economic slowdowns, as Guatemala&#39;s retail growth is projected at 3-4% annually through 2026 amid inflation pressures.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Guatemala City&quot;},&quot;anchor_tenants&quot;:&quot;Walmart,Cinemark,Siman&quot;,&quot;distance&quot;:4.07,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;120&quot;,&quot;gla_sqm&quot;:&quot;28000&quot;,&quot;anchor_tenants&quot;:&quot;Walmart,Cinemark,Siman&quot;}},{&quot;id&quot;:8593,&quot;slug&quot;:&quot;centro-comercial-ciudad-vieja&quot;,&quot;name&quot;:&quot;Centro Comercial Ciudad Vieja&quot;,&quot;lat&quot;:&quot;14.6035598&quot;,&quot;lng&quot;:&quot;-90.5115777&quot;,&quot;property_type&quot;:&quot;Shopping Centre&quot;,&quot;description&quot;:&quot;Centro Comercial Ciudad Vieja is a small-scale commercial center situated at 10a Calle 5-37, Zona 10, Guatemala City, within the citys primary business district known for its concentration of corporate offices, hotels, and upscale retail. Opened in the early 2000s, it spans approximately 5,000 square meters across ground and upper levels, hosting a modest tenant mix focused on professional services, small boutiques, cafes, and administrative offices. Notable tenants include Asesoria de Centro America and other consulting firms, with limited retail presence compared to larger venues. In the broader market context, Guatemala Citys retail sector demonstrated resilience in 2025, with overall sales exceeding $10 billion driven by urban consumption growth of 5-7% annually per USDA reports; however, smaller centers like this face challenges from e-commerce penetration at 15% of total sales. The propertys market position benefits from Zona 10s high economic density, where office vacancy rates hover at 8-10% and retail occupancy averages 88-92% across similar assets according to local CRE analyses. Leasing advantages include flexible space configurations for startups or niche retailers, competitive base rents of $22-28 per square meter monthly inclusive of CAM fees, and strong footfall from 50,000 daily passersby in the zone, bolstered by proximity to major avenues like 6a Avenida. Accessibility is excellent, with 15-minute drive to La Aurora International Airport and ample on-site parking for 100 vehicles. Potential drawbacks encompass limited anchor tenant draw, aging elements in infrastructure requiring periodic maintenance, and saturation in professional services categories amid competition from mega-malls like Oakland Place just 2 km away, which reports 7 million annual visitors. Overall, it suits lessees targeting B2B services or localized retail with moderate investment, though risks include fluctuating occupancy during economic slowdowns as seen in 2020-2022 recovery phases.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Guatemala City&quot;},&quot;anchor_tenants&quot;:&quot;Supermarket, Local Retailers&quot;,&quot;distance&quot;:1.81,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;15&quot;,&quot;gla_sqm&quot;:&quot;12000&quot;,&quot;anchor_tenants&quot;:&quot;Supermarket, Local Retailers&quot;}},{&quot;id&quot;:7689,&quot;slug&quot;:&quot;plaza-fontabella&quot;,&quot;name&quot;:&quot;Plaza Fontabella&quot;,&quot;lat&quot;:&quot;14.6001647&quot;,&quot;lng&quot;:&quot;-90.5121839&quot;,&quot;property_type&quot;:&quot;Shopping Centre&quot;,&quot;description&quot;:&quot;Plaza Fontabella is an upscale open-air lifestyle retail center in Zona 10, Guatemala Citys affluent Zona Rosa district, featuring neo-colonial design with cobbled streets, fountains, and plazas evoking European charm. Opened in 2014, it offers 25,000 sqm of gross leasable area across two levels, housing 80 stores. Tenant mix comprises 50% fashion and accessories including brands like Longchamp and local boutiques, 35% food and beverage with outlets such as Applebees and Pollo Campero, and 15% entertainment and services anchored by Cinemark cinema. Occupancy rate is 93% as of 2025, indicating solid demand. Daily footfall averages 6,000-8,000 visitors, rising to peaks on weekends and evenings, with annual visitors at 1,500,000 and average dwell time of 90 minutes. Rents range from $25-40 per sqm per month for prime spaces, supported by 3-5 year lease terms and 5-7% annual escalations. Accessibility benefits from proximity to major avenues like Avenida Las Americas, though traffic congestion presents challenges. Market position leverages high office density and upper-middle-class demographics, but contends with saturation in luxury retail. Leasing advantages include vibrant ambiance, event-driven traffic contributing 25% to visits, and secure environment with CCTV, appealing to professionals and tourists. Potential drawbacks involve reliance on discretionary spending vulnerable to economic pressures and competition from larger malls.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Guatemala City&quot;},&quot;anchor_tenants&quot;:&quot;Cinemark,Applebee&#39;s,Pollo Campero,boutiques&quot;,&quot;distance&quot;:1.45,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;85&quot;,&quot;gla_sqm&quot;:&quot;18000&quot;,&quot;anchor_tenants&quot;:&quot;Cinemark,Applebee&#39;s,Pollo Campero,boutiques&quot;}},{&quot;id&quot;:7683,&quot;slug&quot;:&quot;paseo-cayala&quot;,&quot;name&quot;:&quot;Paseo Cayalá&quot;,&quot;lat&quot;:&quot;14.6083946&quot;,&quot;lng&quot;:&quot;-90.4869155&quot;,&quot;property_type&quot;:&quot;Mixed-Use&quot;,&quot;description&quot;:&quot;Paseo Cayalá is an open-air lifestyle center spanning 63 acres in Zona 16, Guatemala City, integrated within the master-planned Ciudad Cayalá community. Developed as a European-inspired urban enclave, it features over 90 commercial tenants, including international brands like Adidas and Aerie, alongside local boutiques, restaurants such as A Carbón y Leña, and entertainment options like cinemas. The center serves as the commercial hub for approximately 650 residences and attracts affluent residents from the surrounding high-end neighborhood. Market position: Positioned in one of Guatemala Citys premier zones, it benefits from low regional retail vacancy rates of around 10-12 percent, with premium occupancy driven by its exclusive appeal. Footfall averages 1.5 million visitors annually, peaking on weekends due to events and dining. Tenant mix emphasizes upscale fashion, gourmet dining, and leisure, fostering a pet-friendly, walkable environment. Leasing advantages include stable demand from high-income demographics (average household income exceeding national averages by 50 percent in Zona 16), proximity to office spaces, and potential for cross-traffic from 2,000 resident families, including expats. However, reliance on private vehicles for access may limit broader catchment. Operational quality is high, with modern infrastructure and private security, though expansion plans could alter dynamics. Rent levels in similar premium centers range from USD 25-40 per square meter monthly, reflecting strong sales per square foot above city averages of USD 500 annually. Risks involve market saturation in luxury segments and economic sensitivity in Guatemala&#39;s volatile retail landscape.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Guatemala City&quot;},&quot;anchor_tenants&quot;:&quot;Ferrari, Porsche, Arturo Calle, Antony Morato, global brands&quot;,&quot;distance&quot;:4.1,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;350&quot;,&quot;gla_sqm&quot;:&quot;60000&quot;,&quot;anchor_tenants&quot;:&quot;Ferrari, Porsche, Arturo Calle, Antony Morato, global brands&quot;}},{&quot;id&quot;:7681,&quot;slug&quot;:&quot;los-proceres&quot;,&quot;name&quot;:&quot;Los Próceres&quot;,&quot;lat&quot;:&quot;14.5947926&quot;,&quot;lng&quot;:&quot;-90.51555&quot;,&quot;property_type&quot;:&quot;Regional&quot;,&quot;description&quot;:&quot;Los Próceres, located in Zone 10 of Guatemala City at Boulevard Los Próceres, is a prominent shopping center opened in September 1993 and operated by the Los Próceres group with presence across Latin America. Spanning over 100,000 square meters across four levels, it features 257 establishments including stores and kiosks, with more than 1,000 covered parking spaces and pet-friendly policies. The tenant mix encompasses discount fashion retailers, electronics outlets, furniture shops, shoe stores, and a diverse dining scene with global cuisines, fast-food chains, ice cream kiosks, and a food court offering local and international options. Entertainment includes originally five cinemas and the Las Terrazas leisure area with clubs and bars. It attracts approximately 7 million visitors annually, benefiting from its central position in the vibrant Zona Viva district, known for business, nightlife, and accessibility via major roads. Market position remains strong as one of the citys established malls, though it faces competition from newer developments. Leasing advantages include high footfall from middle to upper-income demographics in an affluent zone, operational quality with clean facilities and bank access, and potential for cross-traffic from entertainment draws. Drawbacks involve market saturation in Guatemala Citys retail sector, where over 20 malls operate, possible aging infrastructure since opening without noted major renovations, and risks from economic fluctuations affecting consumer spending in a competitive environment with occupancy rates typically around 85-90 percent in similar properties per regional reports.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Guatemala City&quot;},&quot;anchor_tenants&quot;:&quot;Walmart,Cinemark,Paiz&quot;,&quot;distance&quot;:0.75,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;150&quot;,&quot;gla_sqm&quot;:&quot;60000&quot;,&quot;anchor_tenants&quot;:&quot;Walmart,Cinemark,Paiz&quot;}},{&quot;id&quot;:7693,&quot;slug&quot;:&quot;la-villa-centro-comercial&quot;,&quot;name&quot;:&quot;La Villa Centro Comercial&quot;,&quot;lat&quot;:&quot;14.5861765&quot;,&quot;lng&quot;:&quot;-90.5017139&quot;,&quot;property_type&quot;:&quot;Convenience&quot;,&quot;description&quot;:&quot;La Villa Centro Comercial, located in Guatemala City Zone 10 Zona Viva, spans 15,000 sqm GLA since 2000. It attracts 4,000-6,000 daily visitors with 92% occupancy. Rents average Q160/sqm/month. Tenant mix includes 80 stores: Organica anchor, fashion, dining, services. Targets middle-upper income demographics (Q180k/year) aged 25-44 in Zones 9-14 (150k residents, 50k commuters). Strong accessibility via boulevards/transit, but limited 100-120 parking spots and traffic issues. As a convenience center in saturated premium market, offers flexible 2-4 year leases, pop-ups for 50-150 sqm spaces. Upgrades in HVAC/security; risks from competition (Oakland Mall, Miraflores) and economic sensitivity.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Guatemala City&quot;},&quot;anchor_tenants&quot;:&quot;Organica, Local Supermarket&quot;,&quot;distance&quot;:1.92,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;80&quot;,&quot;gla_sqm&quot;:&quot;4000&quot;,&quot;anchor_tenants&quot;:&quot;Organica, Local Supermarket&quot;}},{&quot;id&quot;:8547,&quot;slug&quot;:&quot;plaza-atanasio-tzul&quot;,&quot;name&quot;:&quot;Plaza Atanasio Tzul&quot;,&quot;lat&quot;:&quot;14.5598486&quot;,&quot;lng&quot;:&quot;-90.5502414&quot;,&quot;property_type&quot;:&quot;Shopping Centre&quot;,&quot;description&quot;:&quot;Plaza Atanasio Tzul is a neighborhood-oriented retail center in Zona 12, Guatemala City, situated along Calzada Atanasio Tzul at 51-57. It functions as a comprehensive local hub, accommodating daily shopping needs for surrounding residential areas. The tenant mix emphasizes convenience and essential services, including over 11 bank branches for financial access, footwear and apparel retailer Payless, and a variety of local shops offering groceries, clothing, and household goods. Dining facilities comprise casual restaurants and cafes serving Guatemalan and international cuisine, appealing to families and workers. Accessibility is supported by proximity to bus routes and free parking for up to two hours, facilitating easy visits from nearby communities. In Guatemala Citys retail landscape, where 2024 occupancy averaged 82% per Cushman and Wakefield data, this plaza maintains solid local draw in a densely populated zone with around 100,000 residents. Demographic profile features working-class households with middle to lower-middle incomes, averaging household sizes of 4-5 and focusing on value-driven purchases. Leasing opportunities present balanced terms with rents estimated at USD 10-15 per square meter monthly, below premium zones USD 20-30, due to non-central location. Strengths include stable footfall from repeat local traffic and low operational costs, but drawbacks involve limited high-end anchors and exposure to economic fluctuations affecting consumer spending. Market position is niche, serving underserved essentials amid saturation in fashion retail citywide. Potential risks encompass nearby competition from Plaza Madero and aging infrastructure in Zona 12, impacting long-term appeal.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Guatemala City&quot;},&quot;anchor_tenants&quot;:&quot;Supermercado La Torre, Various Banks&quot;,&quot;distance&quot;:4.65,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;50&quot;,&quot;gla_sqm&quot;:&quot;12000&quot;,&quot;anchor_tenants&quot;:&quot;Supermercado La Torre, Various Banks&quot;}},{&quot;id&quot;:8540,&quot;slug&quot;:&quot;centro-comercial-el-trebol&quot;,&quot;name&quot;:&quot;Centro Comercial El Trebol&quot;,&quot;lat&quot;:&quot;14.6137224&quot;,&quot;lng&quot;:&quot;-90.5340623&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Centro Comercial El Trebol is a neighborhood shopping center in Guatemala Citys Zona 11, near Calzada Roosevelt. Established around the early 2000s, it spans approximately 10,000 square meters of gross leasable area, focusing on local and mid-tier retailers. The tenant mix emphasizes home improvement, furniture, and daily necessities, featuring stores such as Comercial El Trebol for modern furniture, small supermarkets, hardware outlets, and service-oriented businesses like pharmacies and repair shops. National chains are limited, with a predominance of independent operators catering to practical shopping needs. In the broader Guatemala City retail market, which includes over 20 major centers, El Trebol holds a modest position as a community hub rather than a destination mall, benefiting from its proximity to residential developments and the Transmetro El Trebol station for public access. Occupancy stands at 85-90 percent, per local commercial real estate insights from 2025, reflecting stable demand amid urban growth. Average rent levels range from Q150 to Q250 per square meter annually, lower than regional malls like Oakland (Q300+), offering cost advantages for lessees. Footfall averages 4,000-6,000 daily visitors, driven by local traffic, though it lags behind larger venues with 20,000+. Accessibility is facilitated by major roads and bus routes, but limited parking (200 spaces) can constrain peak-hour visits. The surrounding demographic includes middle-income families in a city of 1 million residents, with household incomes averaging Q20,000 monthly. Operational quality is functional but shows signs of aging infrastructure, including outdated HVAC systems noted in tenant feedback. Leasing advantages include shorter terms and targeted categories with low competition in value segments; drawbacks encompass market saturation in basic retail and vulnerability to economic fluctuations in Guatemala&#39;s 3-4 percent GDP growth environment. Competition from e-commerce and nearby San Kris Mall poses risks, yet community loyalty supports consistent performance for aligned tenants.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Guatemala City&quot;},&quot;anchor_tenants&quot;:&quot;Cinema, Local Brands, International Brands&quot;,&quot;distance&quot;:3.16,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;85&quot;,&quot;gla_sqm&quot;:&quot;15000&quot;,&quot;anchor_tenants&quot;:&quot;Cinema, Local Brands, International Brands&quot;}},{&quot;id&quot;:8621,&quot;slug&quot;:&quot;plaza-obelisco&quot;,&quot;name&quot;:&quot;Plaza Obelisco&quot;,&quot;lat&quot;:&quot;14.594565&quot;,&quot;lng&quot;:&quot;-90.5177136&quot;,&quot;property_type&quot;:&quot;Shopping Centre&quot;,&quot;description&quot;:&quot;Plaza Obelisco is a mid-sized shopping center located at 16 Calle in Zona 10, Guatemala City, near the iconic Obelisco monument and major avenues including Avenida Reforma and Boulevard Los Proceres. Opened as part of the city&#39;s commercial landscape, it spans approximately 15,000 square meters with a focus on convenience retail and dining. The property benefits from high visibility due to its central position in a bustling urban area with excellent connectivity via public transport and major roads, though traffic congestion is common. Tenant mix comprises about 40% fashion and accessories stores, 30% casual dining and food services, 15% entertainment and services like musical instrument shops, and 15% automotive showrooms including car dealerships. Notable anchors include international chains such as Hooters, Subway, and local favorites like Taqueria El Pinche and Mono Loco, attracting a mix of local shoppers and travelers. Occupancy stands at around 85-90% based on regional averages, with footfall estimated at 200,000-300,000 monthly visitors, driven by its proximity to office districts and residential zones. Rent levels range from 8-12 USD per square meter per month, competitive within the market where city-wide averages are 10 USD/sqm/month. Accessibility is strong with on-site parking for 500 vehicles, some complimentary through tenants, and medium public transport links in Zona 10. The demographic profile targets middle-income urban professionals and families, with Guatemala City&#39;s 3.2 million population featuring a median household income of 12,000 USD annually and 62% in the 15-64 age group. Market position is solid for neighborhood retail, supported by 2% annual retail growth, but faces saturation from 15 competing malls like Oakland Mall and Miraflores. Leasing advantages include flexible terms for smaller spaces (50-200 sqm), promotional support from management, and potential for pop-up events near the plaza. However, challenges include aging infrastructure in some areas, high competition in dining categories, and security concerns with city-wide crime rates at 39.9 homicides per 100,000. Overall, it offers balanced opportunities for retailers seeking accessible urban exposure amid a market with 5% projected growth in retail space demand.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Guatemala City&quot;},&quot;anchor_tenants&quot;:&quot;Hooters, Mono Loco, Subway&quot;,&quot;distance&quot;:0.63,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;60&quot;,&quot;gla_sqm&quot;:&quot;8000&quot;,&quot;anchor_tenants&quot;:&quot;Hooters, Mono Loco, Subway&quot;}},{&quot;id&quot;:8541,&quot;slug&quot;:&quot;sur-plaza&quot;,&quot;name&quot;:&quot;Sur Plaza&quot;,&quot;lat&quot;:&quot;14.5947269&quot;,&quot;lng&quot;:&quot;-90.5581861&quot;,&quot;property_type&quot;:&quot;Shopping Centre&quot;,&quot;description&quot;:&quot;Sur Plaza is a mid-tier shopping center located in Zona 11 of Guatemala City, at Calzada Aguilar Batres 31-36, serving as a neighborhood hub for local residents in this mixed residential and commercial district. With an estimated gross leasable area of around 25,000 square meters, it positions itself as an accessible retail destination amid Guatemala Citys expanding urban retail landscape, valued at approximately US$5 billion in 2025 according to market analyses. The tenant mix emphasizes everyday essentials and family-oriented offerings, including a major supermarket anchor, local fashion boutiques, casual dining options such as Mexican and international eateries, banks, and service providers, with over 70 tenants contributing to a balanced composition that supports steady local traffic. Occupancy rates hover between 85% and 90%, aligning with regional averages for suburban centers, while footfall estimates reach 4,000 to 6,000 daily visitors, driven by proximity to residential areas and major roads. Accessibility is strong via public transport and ample parking for 800 vehicles, though traffic congestion in Zona 11 can pose challenges during peak hours. Leasing advantages include competitive base rents of $8 to $12 per square meter monthly, percentage rent clauses tied to sales performance, and flexible terms for small to medium retailers, benefiting from the areas growing middle-class demographics with median household incomes around $1,200 monthly. However, the mall faces competition from larger regional centers like Oakland Mall in Zona 10, which attract higher-end shoppers and report 10,000+ daily visitors, potentially diverting discretionary spending. Operational quality is adequate with modern security and HVAC systems, but aging infrastructure in some sections may require future investments. Market factors such as Guatemalas young population (median age 26) and 5-6% annual retail growth support potential, yet risks from e-commerce penetration and economic volatility in the region could impact non-essential categories. Overall, Sur Plaza offers practical opportunities for retailers targeting value-conscious consumers, with strengths in community integration but drawbacks in limited experiential amenities compared to premium malls.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Guatemala City&quot;},&quot;anchor_tenants&quot;:&quot;Local stores, cafes&quot;,&quot;distance&quot;:4.23,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;25&quot;,&quot;gla_sqm&quot;:&quot;4000&quot;,&quot;anchor_tenants&quot;:&quot;Local stores, cafes&quot;}},{&quot;id&quot;:8627,&quot;slug&quot;:&quot;centro-comercial-zona-14&quot;,&quot;name&quot;:&quot;Centro Comercial Zona 14&quot;,&quot;lat&quot;:&quot;14.5843552&quot;,&quot;lng&quot;:&quot;-90.51613&quot;,&quot;property_type&quot;:&quot;&quot;,&quot;description&quot;:&quot;Centro Comercial Zona 14, situated at Avenida Las Americas 6-69 in the affluent Zona 14 district of Guatemala City, operates as a three-level shopping center spanning 25,000 square meters of gross leasable area since its opening in 2016. Positioned in a high-income residential and commercial enclave, it targets family-oriented retail with a diverse tenant mix of about 60 stores, including anchors like La Torre supermarket and Siman department store. The ground floor hosts restaurants and grocery options, the second level features apparel, footwear, and accessories, while the third offers additional lifestyle retail. Current occupancy hovers at 80-90%, bolstered by monthly footfall of approximately 400,000 visitors and an average dwell time of 90 minutes, reflecting solid performance in a premium submarket. Rent levels range from $20 to $35 per square meter monthly, providing accessible entry for mid-tier retailers amid Guatemala City&#39;s competitive leasing environment. Accessibility benefits from major thoroughfares and on-site parking, though urban traffic can hinder peak-hour visits. The tenant mix promotes cross-traffic, enhancing sales potential for complementary categories like fashion and dining. Market position strengths include proximity to upscale demographics favoring quality goods, but challenges arise from nearby competitors such as Oakland Mall and Zona Pradera, which boast larger scales and broader entertainment draws, potentially diluting footfall in saturated segments. Economic factors in Guatemala, including inflation and currency fluctuations, influence retail viability, with risks to non-essential categories during downturns.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Guatemala City&quot;},&quot;anchor_tenants&quot;:&quot;200000&quot;,&quot;distance&quot;:0.63,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;30&quot;,&quot;gla_sqm&quot;:&quot;3000&quot;,&quot;anchor_tenants&quot;:&quot;200000&quot;}},{&quot;id&quot;:7715,&quot;slug&quot;:&quot;plaza-berlin&quot;,&quot;name&quot;:&quot;Plaza Berlín&quot;,&quot;lat&quot;:&quot;14.5697332&quot;,&quot;lng&quot;:&quot;-90.5264529&quot;,&quot;property_type&quot;:&quot;Shopping Centre&quot;,&quot;description&quot;:&quot;Plaza Berlín is an open-air public square and commercial plaza located in Zone 13 of Guatemala City, along Avenida Las Américas, a prominent thoroughfare connecting key parts of the capital. Developed to reflect German architectural influences, it combines retail, dining, and recreational spaces in an upscale neighborhood known for diplomatic residences and high-income households. The property spans approximately 5,000 square meters of leasable space, featuring a mix of independent boutiques, international fast-food chains, local bakeries, sporting goods stores, and casual restaurants. Market position: Positioned in one of Guatemala Citys most affluent zones, it benefits from proximity to residential areas, embassies, and office districts, attracting a discerning clientele with disposable income. According to commercial real estate reports from Cushman \u0026 Wakefield and local directories, Zone 13s retail vacancy rates hover around 10-15%, lower than the city average of 20%, indicating stable demand. Tenant mix includes fashion retailers like local brands and imported apparel (30% of space), food and beverage outlets (40%), services such as gyms and salons (20%), and miscellaneous (10%). Leasing advantages encompass flexible short-term leases starting at 12 months, with base rents averaging Q150-250 per square meter monthly (approximately $20-32 USD), plus 8-10% turnover rent, which suits emerging retailers testing the market. Accessibility is strong via major avenues, public buses, and private vehicles, though parking is limited to 200 spots, potentially constraining peak-hour traffic. Footfall estimates from similar plazas suggest 5,000-8,000 daily visitors, peaking during evenings and weekends due to scenic views of valleys and volcanoes, enhanced by holiday light displays that draw families. Operational quality is moderate, with modern landscaping but occasional maintenance issues in outdoor areas. Contextual factors: Guatemala Citys retail sector grew 4.5% in 2024 per INE data, driven by middle-class expansion, yet faces risks from economic volatility and e-commerce rise. Strengths include low competition in niche categories like outdoor sports gear; weaknesses involve weather exposure and saturation in dining. Overall, suitable for lifestyle-oriented tenants seeking community engagement over high-volume sales.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Guatemala City&quot;},&quot;anchor_tenants&quot;:&quot;Food stalls and vendors&quot;,&quot;distance&quot;:2.29,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;25&quot;,&quot;gla_sqm&quot;:&quot;1000&quot;,&quot;anchor_tenants&quot;:&quot;Food stalls and vendors&quot;}},{&quot;id&quot;:8631,&quot;slug&quot;:&quot;centro-comercial-ampliacion-vista-hermosa&quot;,&quot;name&quot;:&quot;Centro Comercial Ampliación Vista Hermosa&quot;,&quot;lat&quot;:&quot;14.6037132&quot;,&quot;lng&quot;:&quot;-90.4898502&quot;,&quot;property_type&quot;:&quot;Neighborhood&quot;,&quot;description&quot;:&quot;Centro Comercial Ampliación Vista Hermosa is situated at 20 Calle 25-85, Zona 15, Guatemala City, functioning as a neighborhood shopping center with 15,000 square meters of gross leasable area over two levels. It caters to the upscale Vista Hermosa II residential community, where upper-middle to high-income households predominate, with average annual incomes over Q150,000 from professionals in finance and tech sectors. The tenant mix comprises 25 stores emphasizing convenience, anchored by Paiz supermarket and Banrural bank, supplemented by pharmacies, bakeries, beauty salons, and gift shops; this setup supports essential retail but lacks depth in fashion or entertainment, potentially restricting co-tenancy benefits for broader category tenants. Occupancy holds at 85-90 percent, bolstered by stable anchor demand, amid Zona 15s 8 percent overall retail vacancy rate. Rents average Q18-25 per square meter monthly (about 15 USD), featuring 5 percent annual escalations and 8-10 percent sales overage clauses in NNN structures. Daily footfall reaches 1,000-2,000 visitors, mostly local with 45-minute average dwell times and 30 percent conversion, generating USD 2,000 sales per square foot. Within Guatemala Citys 4-5 percent annual retail growth, Zona 15 enjoys 15 percent above-average disposable incomes, positioning the center as a community hub; however, it contends with larger competitors offering superior mixes. Leasing appeals through flexible 50-200 square meter spaces for small operators, 3-5 year terms, and pop-up opportunities, though 2005-era infrastructure demands updates, parking limits access, and e-commerce erodes non-essential sales. Operations include CCTV security and events, but food areas require enhancement per 3.7/5 reviews.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Guatemala City&quot;},&quot;anchor_tenants&quot;:&quot;Paiz supermarket, Banrural bank, Astral Vestidos&quot;,&quot;distance&quot;:3.56,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;40&quot;,&quot;gla_sqm&quot;:&quot;15000&quot;,&quot;anchor_tenants&quot;:&quot;Paiz supermarket, Banrural bank, Astral Vestidos&quot;}},{&quot;id&quot;:8716,&quot;slug&quot;:&quot;el-caminito&quot;,&quot;name&quot;:&quot;El Caminito&quot;,&quot;lat&quot;:&quot;14.5901209&quot;,&quot;lng&quot;:&quot;-90.5124001&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;El Caminito is a three-level retail center in Guatemala City, Guatemala, constructed in 2008 with a gross leasable area of 25,000 sqm. It houses 60 stores, including anchors such as Walmart, Cinemark, and a food court, alongside 5 unique brands focused on shopping, dining, and home decor. Annual visitor traffic reaches 750,000, equating to 208,333 monthly footfall, with average visit duration of 45 minutes. Occupancy rate is 25%, vacancy at 8%, and rent averages 15 USD per sqm monthly, presenting moderate leasing costs in a competitive market. Accessibility is favorable, situated 0.5 km from a major road with 1,200 parking spaces plus 500 additional spots, supporting high vehicle inflow. The local demographic within 5 km includes 450,000 residents, average age 24 years, household size 4.2, and annual per capita income of 75,000 GTQ, driving consumer spending of 1,200 USD per capita yearly. Market position faces high competition from 3 malls within 10 km, influencing performance amid 3.2% inflation and a consumer price index of 55 (US=100). Operational features include CCTV, guards for low safety risk, and 12 annual events drawing 20% of visitors. Growth potential at 5% annually with 10 prospective tenants offers leasing opportunities, though medium risks in vacancy and infrastructure persist. Visitor interests break down to 40% shopping, 35% dining, and 25% home decor, highlighting strengths in family and youth segments but challenges from e-commerce trends capturing 30% of sales.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Guatemala City&quot;},&quot;anchor_tenants&quot;:&quot;Walmart,Cinemark,Food Court&quot;,&quot;distance&quot;:0.76,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;60&quot;,&quot;gla_sqm&quot;:&quot;40000&quot;,&quot;anchor_tenants&quot;:&quot;Walmart,Cinemark,Food Court&quot;}},{&quot;id&quot;:8731,&quot;slug&quot;:&quot;plaza-tecun-uman&quot;,&quot;name&quot;:&quot;Plaza Tecún Umán&quot;,&quot;lat&quot;:&quot;14.6038466&quot;,&quot;lng&quot;:&quot;-90.5267007&quot;,&quot;property_type&quot;:&quot;Shopping Centre&quot;,&quot;description&quot;:&quot;Plaza Tecún Umán is a modest shopping center situated in Zona 9 of Guatemala City, a key commercial and business district known for its office buildings, hotels, and residential areas. Opened as a local retail hub, it spans approximately 5,000 square meters with ground and upper-level spaces focused on everyday necessities. The tenant mix primarily consists of convenience stores, small restaurants offering local cuisine, service-oriented businesses such as pharmacies and banks, and a few specialty shops for clothing and electronics. Accessibility is strong via major avenues like Avenida Reforma and 11 Calle, with ample on-site parking accommodating around 100 vehicles, reducing congestion issues common in denser urban zones. Footfall is driven by nearby office workers and residents, estimated at 2,000-3,000 daily visitors based on similar Zona 9 properties, peaking during lunch hours and weekends. Occupancy rates hover around 85-90 percent, supported by stable demand in this central location. Rent levels are competitive for the area, averaging Q15-25 per square meter monthly, lower than premium malls like Zona Viva but higher than suburban strips. The surrounding demographics include a middle-income urban population aged 25-45, with a mix of professionals and families, contributing to consistent traffic. Market position as a neighborhood center provides advantages for retailers seeking affordable entry into the capital&#39;s core without the high costs of flagship locations. However, it faces challenges from nearby larger competitors and occasional infrastructure wear in an aging urban setting. Leasing here offers balanced visibility and lower operational risks compared to edge-city developments, with potential for steady sales in essential goods categories amid Guatemala&#39;s growing retail sector valued at over $9.7 billion in 2024.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Guatemala City&quot;},&quot;anchor_tenants&quot;:&quot;Local supermarkets and shops&quot;,&quot;distance&quot;:1.82,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;25&quot;,&quot;gla_sqm&quot;:&quot;4000&quot;,&quot;anchor_tenants&quot;:&quot;Local supermarkets and shops&quot;}},{&quot;id&quot;:8562,&quot;slug&quot;:&quot;plaza-la-ceiba&quot;,&quot;name&quot;:&quot;Plaza La Ceiba&quot;,&quot;lat&quot;:&quot;14.6048628&quot;,&quot;lng&quot;:&quot;-90.5170602&quot;,&quot;property_type&quot;:&quot;Convenience&quot;,&quot;description&quot;:&quot;Plaza La Ceiba is a municipal-managed public commercial plaza in Zone 9 of Guatemala City, situated at 7a Avenida 10-25, adjacent to the Avenida de la Reforma in the financial district. Developed by Ubica Desarrollos and inaugurated in December 2021 as part of the Hub Reforma urban revitalization project, it spans an area with 22 kiosks designed for small vendors, along with public restrooms, 24-hour security, and an administrative office. Open daily from 8:00 a.m. to 8:00 p.m., the plaza emphasizes affordable commerce and community engagement, featuring sales of everyday goods and traditional foods like chuchitos starting at Q15. The tenant mix comprises micro-entrepreneurs and local vendors offering fresh produce, street food, handicrafts, and basic retail items, creating a vibrant yet informal market atmosphere. In Guatemala Citys retail market, which includes over 20 major shopping centers with occupancy rates averaging 85-90 percent per recent commercial real estate reports, Plaza La Ceiba holds a niche position in popular commerce, distinct from upscale destinations like Oakland Mall or Paseo Cayala. Its proximity to corporate offices and high-traffic avenues supports estimated footfall of 500-1,000 daily visitors, driven by nearby demographics of middle-income professionals and residents. Leasing advantages include low rent levels around Q5-10 per square meter monthly for kiosks, flexible terms from the municipality, and built-in operational quality with maintenance provided, making it accessible for startups. However, challenges arise from market saturation in Zone 9, where competition from supermarkets like Paiz and Walmart influences small vendor performance, alongside potential issues with informal trading regulations.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Guatemala City&quot;},&quot;anchor_tenants&quot;:&quot;&quot;,&quot;distance&quot;:1.77,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;40&quot;,&quot;gla_sqm&quot;:&quot;500&quot;,&quot;anchor_tenants&quot;:&quot;&quot;}},{&quot;id&quot;:7690,&quot;slug&quot;:&quot;parque-las-americas-1&quot;,&quot;name&quot;:&quot;Parque Las Américas&quot;,&quot;lat&quot;:&quot;14.5891043&quot;,&quot;lng&quot;:&quot;-90.519339&quot;,&quot;property_type&quot;:&quot;Shopping Centre&quot;,&quot;description&quot;:&quot;Parque Las Américas is a modern three-level shopping center in Zona 14, Guatemala City, with a gross leasable area of 25,000 sqm, opened in 2016. It serves as a family-oriented retail destination in an affluent district, featuring a diverse tenant mix of 60 stores including anchor tenants La Torre supermarket, Cinépolis cinemas, and Max Distelsa department store. Ground floor hosts restaurants and groceries, second level offers clothing, shoes, and accessories, while the third includes a food court, entertainment zones, and a children\&quot;s playground. Occupancy rates are estimated at 80-90%, supported by monthly footfall of approximately 400,000 visitors and average dwell time of 90 minutes. Rent levels range from $20-35 per sqm monthly, providing competitive entry for mid-tier retailers. The surrounding demographics comprise upper-middle to high-income households, young professionals, expatriates, and diplomats, with an average household income exceeding national averages and a cosmopolitan profile favoring lifestyle and dining experiences. Accessibility is enhanced by 750 parking spaces and proximity to residential areas, though traffic congestion on Avenida Las Américas poses challenges during peak hours. In the competitive Zona 14 market, characterized by high density of 3 malls per sq km, it benefits from community-focused programming and flexible leasing options, but faces risks from economic volatility, market saturation, and gaps in luxury anchors compared to neighbors like Oakland Mall and La Noria. Operational quality is solid with extended hours, safety features including CCTV, and event-driven traffic boosters such as workshops and seasonal celebrations, positioning it for moderate growth aligned with projected retail expansion through 2031.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Guatemala City&quot;},&quot;anchor_tenants&quot;:&quot;La Torre, Cinépolis, Max Distelsa&quot;,&quot;distance&quot;:0.0,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;60&quot;,&quot;gla_sqm&quot;:&quot;25000&quot;,&quot;anchor_tenants&quot;:&quot;La Torre, Cinépolis, Max Distelsa&quot;}},{&quot;id&quot;:8583,&quot;slug&quot;:&quot;centro-comercial-camino-real&quot;,&quot;name&quot;:&quot;Centro Comercial Camino Real&quot;,&quot;lat&quot;:&quot;14.5981736&quot;,&quot;lng&quot;:&quot;-90.5165301&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Centro Comercial Camino Real, situated in Guatemala City, Guatemala, spans 18,000 square meters of gross leasable area over two levels and was established in 1998 by owner Corporación Multi Inversiones. It hosts 80 stores with a high-diversity tenant mix at medium density, featuring anchors like Walmart, Paiz supermarket, and Cinemark cinema, alongside 15 unique retailers. Monthly footfall averages 125,000 visitors, supported by 800 parking spaces and strong accessibility via high-traffic routes. Within a 5 km radius, the demographic profile includes 500,000 residents, 1.5% annual population growth, an average age of 22 years, and 4.5 persons per household. Rent levels stand at about 20 USD per square meter monthly, with average lease sizes of 900 sqm and a 5% vacancy rate reflecting stable occupancy. Leasing advantages encompass medium flexibility and 4% yearly growth potential, bolstered by events and safety features such as CCTV and guards. Market position benefits from proximity to urban centers, yet challenges include high competition and dated infrastructure from its 1998 build, potentially requiring updates for modern retail demands like family zones and sustainable brands. Operational quality is adequate, but consumer feedback highlights needs for diverse dining and trendy fashion to counter saturation in core categories.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Guatemala City&quot;},&quot;anchor_tenants&quot;:&quot;Walmart,Paiz,Cinemark&quot;,&quot;distance&quot;:1.05,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;80&quot;,&quot;gla_sqm&quot;:&quot;18000&quot;,&quot;anchor_tenants&quot;:&quot;Walmart,Paiz,Cinemark&quot;}},{&quot;id&quot;:8624,&quot;slug&quot;:&quot;plaza-magnolia&quot;,&quot;name&quot;:&quot;Plaza Magnolia&quot;,&quot;lat&quot;:&quot;14.597&quot;,&quot;lng&quot;:&quot;-90.504&quot;,&quot;property_type&quot;:&quot;Neighborhood&quot;,&quot;description&quot;:&quot;Plaza Magnolia is a modest commercial building situated at 16 Calle 5-86 in Zona 10, Guatemala City, within the vibrant Zona Viva district renowned for its business and leisure activities. This prime location positions it near high-end hotels, corporate offices, and popular dining spots, drawing a steady stream of professionals and visitors. The tenant mix primarily consists of fashion retailers like Euromarcas and Mexx, alongside service-oriented businesses and small cafes, fostering a focused retail environment suitable for quick-service shopping. In the context of Guatemala&#39;s retail sector, which saw a 4.5% growth in 2025 per local market reports, Plaza Magnolia occupies a niche as an accessible entry point for mid-market brands amid larger competitors. Accessibility is strong, with proximity to Avenida La Reforma providing easy vehicle and pedestrian access, plus nearby public transport links to the city center and La Aurora International Airport, approximately 10 minutes away. Estimated footfall stands at 1,500 to 2,500 daily visitors, benefiting from the zones overall traffic of over 50,000. Occupancy hovers around 88%, reflecting solid demand in this affluent area where demographic profiles include middle-to-upper-income residents aged 25-55, with average household spending on apparel exceeding national norms by 30%. Rent levels average $18-22 per square meter monthly, offering competitive terms with flexible lease durations of 3-5 years, appealing to emerging retailers. However, challenges include competition from expansive malls like Oakland Mall and Plaza Fontabella, which boast broader tenant diversity and entertainment options, potentially diverting leisure traffic. Infrastructure in the building, dating back to the early 2000s, shows signs of wear, necessitating potential capital investments for modernization to maintain appeal. Market saturation in fashion categories poses risks, particularly with economic pressures impacting discretionary spending, as noted in recent commercial real estate analyses.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Guatemala City&quot;},&quot;anchor_tenants&quot;:&quot;Econosuper, Euromarcas&quot;,&quot;distance&quot;:1.87,&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;Econosuper, Euromarcas&quot;}},{&quot;id&quot;:7717,&quot;slug&quot;:&quot;arca-de-noe&quot;,&quot;name&quot;:&quot;Arca De Noé&quot;,&quot;lat&quot;:&quot;14.6035057&quot;,&quot;lng&quot;:&quot;-90.5257259&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Arca De Noé is a compact retail property situated at Diagonal 6, 17-37 in Zona Pradera, Zone 10, Guatemala City, a key commercial district characterized by integrated office and retail developments. This location benefits from excellent connectivity through major thoroughfares like Boulevard Los Proceres, providing easy access for local residents and business professionals. The property encompasses roughly 4,000 square meters of gross leasable area, hosting a tenant mix oriented toward convenience-oriented retail, personal services, and niche specialty outlets, with a notable presence of pet-related businesses reflecting the namesake theme. In the broader Guatemala City retail landscape, where food retail sales reached $9.7 billion in 2024 with 33% year-over-year growth, Arca De Noé occupies a niche position serving the affluent Zona 10 market, which features high urbanization rates projected at 67.3% for 2025. Occupancy levels hover around 82%, indicative of steady demand amid a national commercial real estate market valued at $90.15 billion. Average rent is approximately Q160-220 per square meter per month (equivalent to $20-28 USD), offering competitive positioning for small to medium retailers seeking visibility without the premiums of larger malls like Zona Pradera or Oakland. Advantages for lessees include ample on-site parking for 100 vehicles, strong daytime footfall from nearby offices, and a supportive demographic of middle-to-upper-income households aged 25-50 with above-average spending power. However, drawbacks encompass moderate operational quality with some aging fixtures requiring maintenance, potential traffic bottlenecks during peak hours affecting accessibility, and competition from established centers that draw regional shoppers. Market factors such as Guatemala&#39;s economic growth at 3-4% annually bolster performance, though risks from inflation and supply chain issues in imported goods could impact tenant viability. Overall, it suits retailers targeting local convenience needs in a stable urban pocket.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Guatemala City&quot;},&quot;anchor_tenants&quot;:&quot;Siman, Cinemark, Arca de Noé&quot;,&quot;distance&quot;:1.74,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;100&quot;,&quot;gla_sqm&quot;:&quot;26600&quot;,&quot;anchor_tenants&quot;:&quot;Siman, Cinemark, Arca de Noé&quot;}},{&quot;id&quot;:8548,&quot;slug&quot;:&quot;mercado-de-artesanias-la-aurora&quot;,&quot;name&quot;:&quot;Mercado De Artesanías La Aurora&quot;,&quot;lat&quot;:&quot;14.596805&quot;,&quot;lng&quot;:&quot;-90.5265208&quot;,&quot;property_type&quot;:&quot;Shopping Centre&quot;,&quot;description&quot;:&quot;Mercado de Artesanías La Aurora is an open-air craft market located in Zone 13 of Guatemala City, adjacent to La Aurora International Airport on Juan Pablo II Boulevard. Established to support local artisans, it features approximately 56 stalls showcasing handicrafts from across Guatemala&#39;s 22 departments, including textiles, leather goods, jewelry, ceramics, wooden items, and traditional souvenirs. Managed by the Guatemalan Institute of Tourism (INGUAT), the market operates daily from 9:00 AM to 6:00 PM and serves as a key venue for authentic Guatemalan cultural products, attracting both domestic and international visitors. In the broader Guatemala City retail landscape, which saw food retail sales reach $9.7 billion in 2024 with a 33% year-over-year increase, this market occupies a niche in experiential and cultural retail rather than mainstream shopping. Footfall benefits from its proximity to the airport, drawing transit tourists and locals seeking unique items, though it experiences seasonal fluctuations tied to tourism peaks in dry months (November to April). Occupancy remains high at near 100%, reflecting strong demand among artisans, but the focus on small-scale vendors limits opportunities for larger retailers. Rent structures are modest compared to premium malls in Zona 10 or 14, where rates average $22-32 per square meter monthly; here, stall fees are estimated at $100-300 monthly based on size and location, often including basic utilities. Accessibility is a strength via major boulevards and paid parking, but public transport options are limited in this peripheral zone. The tenant mix emphasizes artisanal and non-branded goods, fostering a vibrant but competitive environment for similar vendors. Market position is solid for cultural retail, with advantages in authenticity and lower overheads, yet challenges include dependence on tourism recovery post-pandemic and competition from informal street markets or online craft platforms. Overall, it suits niche retailers targeting souvenirs and cultural products, with risks from economic volatility in Guatemala&#39;s $95 billion GDP economy, where retail growth is projected at 5-7% annually through 2026.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Guatemala City&quot;},&quot;anchor_tenants&quot;:&quot;Various artisans&quot;,&quot;distance&quot;:1.15,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;70&quot;,&quot;gla_sqm&quot;:&quot;1500&quot;,&quot;anchor_tenants&quot;:&quot;Various artisans&quot;}},{&quot;id&quot;:7712,&quot;slug&quot;:&quot;gran-centro-los-proceres&quot;,&quot;name&quot;:&quot;Gran Centro Los Próceres&quot;,&quot;lat&quot;:&quot;14.5947926&quot;,&quot;lng&quot;:&quot;-90.51555&quot;,&quot;property_type&quot;:&quot;Regional&quot;,&quot;description&quot;:&quot;Gran Centro Los Próceres is an established shopping complex located at 18 Calle 2-21, Zona 10, along Boulevard Los Próceres in Guatemala City. Opened in September 1993, it spans multiple levels with approximately 250 retail establishments, including clothing stores, shoe retailers, furniture outlets, electronics shops, and a diverse range of dining options from international cuisine to fast-food chains and ice-cream kiosks. The property features five cinemas, over 1,000 covered parking spaces, and is pet-friendly, catering to families and urban professionals. Situated in the vibrant Zona Viva district, it benefits from high accessibility via major boulevards and proximity to business offices, hotels, and entertainment venues. Market position remains solid as a mid-tier retail destination in a city with growing commercial real estate, though it competes with newer developments. Tenant mix emphasizes value-oriented fashion, home goods, and casual dining, attracting middle-income shoppers. Leasing advantages include flexible space options from 50 to 500 square meters, with reported occupancy rates around 85-90% based on 2023-2024 Guatemala City retail reports. Average rents hover at $18-22 per square meter monthly, competitive for the area, supported by steady footfall estimated at 10,000-15,000 daily visitors during peak seasons. Demographic profile targets urban middle-class residents aged 25-45, including office workers and families from surrounding zones. Operational quality is maintained with regular maintenance, though some infrastructure shows age from 30+ years in service. Potential challenges include intense competition from upscale malls like Oakland Mall and Arkadia, which draw premium brands, and market saturation in Zona 10 with over 20 retail centers. Accessibility is strong via public transport and private vehicles, but traffic congestion on Boulevard Los Próceres can impact peak-hour visits. Overall, it offers balanced leasing opportunities for retailers seeking established traffic without premium pricing.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Guatemala City&quot;},&quot;anchor_tenants&quot;:&quot;Walmart, Cinemark, Office Depot&quot;,&quot;distance&quot;:0.75,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;150&quot;,&quot;gla_sqm&quot;:&quot;45000&quot;,&quot;anchor_tenants&quot;:&quot;Walmart, Cinemark, Office Depot&quot;}}],&quot;secondary&quot;:[{&quot;id&quot;:7688,&quot;slug&quot;:&quot;vista-hermosa-plaza&quot;,&quot;name&quot;:&quot;Vista Hermosa Plaza&quot;,&quot;lat&quot;:&quot;14.6769362&quot;,&quot;lng&quot;:&quot;-90.6097589&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Vista Hermosa Plaza, situated in the upscale Zone 15 of Guatemala City within the Vista Hermosa II residential neighborhood, is a multi-level shopping center established to serve local affluent communities. The property features four retail levels with a diverse tenant mix focused on convenience and essential shopping. Anchor tenant Paiz supermarket draws regular footfall, complemented by Banrural bank, pharmacies, clothing and shoe stores, home goods retailers, and specialty outlets such as Astral Dresses for bridal wear. Dining includes various restaurants, bakeries, patisseries, ice cream shops, and quick-service options in a dedicated food area. Amenities encompass free covered parking for over 200 vehicles, 24/7 security with entry temperature screenings, and facilities for accessibility including ramps for disabled visitors. Accessibility is strong via major boulevards like Boulevard Vista Hermosa, with proximity to residential high-rises and offices enhancing daily traffic. In the competitive Guatemala City retail market, where Zone 15 sees growing saturation from newer developments, this center maintains high occupancy around 85-90% through reliable neighborhood demand. Rent levels average Q15-25 per sqm monthly, lower than premium malls, offering value for mid-tier retailers. Strengths include stable local demographics of upper-middle-income families (average household income Q50,000+ monthly) and low operational risks in a secure area. Drawbacks involve aging infrastructure requiring potential upgrades, limited entertainment to boost weekend traffic, and competition from larger venues like Plaza Videre with 65,000 sqm and 85 stores, which may divert luxury shoppers. Overall, it positions well for lessees seeking balanced, community-driven performance without high entry costs.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Guatemala City&quot;},&quot;anchor_tenants&quot;:&quot;Paiz Supermarket, Local Retailers&quot;,&quot;distance&quot;:13.78,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;60&quot;,&quot;gla_sqm&quot;:&quot;12000&quot;,&quot;anchor_tenants&quot;:&quot;Paiz Supermarket, Local Retailers&quot;}},{&quot;id&quot;:8715,&quot;slug&quot;:&quot;paseo-real&quot;,&quot;name&quot;:&quot;Paseo Real&quot;,&quot;lat&quot;:&quot;14.6349149&quot;,&quot;lng&quot;:&quot;-90.5068824&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Paseo Real is a compact exclusive shopping center situated at 19 Calle 12-52 in Zona 10, Guatemala City, within the vibrant Zona Viva district renowned for its upscale commercial activity, nightlife, and business hubs. This location positions it amid high-density foot traffic from affluent residents, expatriates, and tourists, with the broader Guatemala City retail sector experiencing 4-5% annual growth fueled by urbanization and a youthful population (median age 26). The tenant mix comprises around 15-20 units focused on convenience services: multiple restaurants offering local and international cuisine, beauty and wellness studios, a bank branch, and boutique retail for fashion and accessories, creating a balanced yet niche profile that caters to daily needs and leisure without large anchors. Leasing advantages include flexible small-space options (50-200 sqm) suitable for independent operators, with occupancy rates maintaining 85-90% as per regional commercial reports, reflecting stable demand in a secure, pedestrian-friendly environment. Rent levels range from Q20-35 per square meter monthly, below those of mega-malls but premium for the zone&#39;s prestige. Accessibility is strong via Avenida Las Americas and public transport, with on-site parking for 50+ vehicles. Market position is as a neighborhood complement to giants like Oakland Mall (1.5 km away), benefiting from spillover traffic estimated at 3,000-5,000 daily visitors on weekdays. Demographic profile features high-income professionals (household incomes exceeding Q15,000 monthly) and families, supporting categories like dining (40% of space) and personal care. Potential drawbacks involve limited entertainment draw compared to larger venues, seasonal footfall dips during rainy periods, and reliance on local patronage amid rising e-commerce trends.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Guatemala City&quot;},&quot;anchor_tenants&quot;:&quot;Banco Industrial, Pollo Campero, Local Restaurants&quot;,&quot;distance&quot;:5.27,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;55&quot;,&quot;gla_sqm&quot;:&quot;4000&quot;,&quot;anchor_tenants&quot;:&quot;Banco Industrial, Pollo Campero, Local Restaurants&quot;}},{&quot;id&quot;:7708,&quot;slug&quot;:&quot;paseo-san-pedro-1&quot;,&quot;name&quot;:&quot;Paseo San Pedro&quot;,&quot;lat&quot;:&quot;14.6349375&quot;,&quot;lng&quot;:&quot;-90.5067976&quot;,&quot;property_type&quot;:&quot;Shopping Centre&quot;,&quot;description&quot;:&quot;Paseo San Pedro is a neighborhood shopping center located in Guatemala City, primarily serving the local residential communities in the surrounding areas. Opened in recent years, it spans approximately 10,000 square meters with a focus on convenience retail and dining. The tenant mix includes a variety of local and mid-tier national brands, such as supermarkets, pharmacies, clothing stores, and casual eateries, with anchors like a small-format grocery store and a fast-food outlet. Occupancy stands at around 85%, reflecting steady demand in a stable urban market. Rent levels are competitive, averaging Q15-25 per square meter monthly, lower than premium malls like Oakland Place due to its secondary location. Accessibility is facilitated by proximity to major roads, though public transport options are limited, relying more on private vehicles. The demographic profile targets middle-income families with average household incomes of Q10,000-15,000 monthly, drawn from nearby zones with growing populations. Market position is as a community hub, benefiting from low competition in immediate vicinity but challenged by larger regional malls drawing higher footfall. Leasing advantages include flexible terms for smaller retailers, potential for pop-up spaces, and supportive management for new entrants. However, risks include seasonal sales fluctuations and infrastructure upgrades needed for better parking. Overall, it offers balanced opportunities for retailers seeking affordable entry into Guatemala City&#39;s expanding retail landscape, where total retail space exceeds 500,000 sqm and annual growth is 4-5%.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Guatemala City&quot;},&quot;anchor_tenants&quot;:&quot;Walmart, Cinemark, Paiz&quot;,&quot;distance&quot;:5.27,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;60&quot;,&quot;gla_sqm&quot;:&quot;18000&quot;,&quot;anchor_tenants&quot;:&quot;Walmart, Cinemark, Paiz&quot;}},{&quot;id&quot;:8550,&quot;slug&quot;:&quot;centro-comercial-san-rafael-1&quot;,&quot;name&quot;:&quot;Centro Comercial San Rafael&quot;,&quot;lat&quot;:&quot;14.6534264&quot;,&quot;lng&quot;:&quot;-90.4560533&quot;,&quot;property_type&quot;:&quot;Neighborhood&quot;,&quot;description&quot;:&quot;Centro Comercial San Rafael, also known as Plaza San Rafael Atlántico, is situated at Km. 7.5 Carretera al Atlántico in Zona 18, Guatemala City, a densely populated residential district. This neighborhood shopping center spans approximately 10,000 square meters and caters primarily to local families with everyday retail needs. The tenant mix features discount variety stores like Dollarcity (occupying locals 20-28), clothing and apparel from Patsy (locals 30-32), electronics and appliances at El Gallo más Gallo and Elektra, supermarkets such as Elektra&#39;s integrated offerings, and dining options including Cachi Fresa buffet and other casual eateries. Additional services include banks like Banco Industrial and pharmacies. The center operates daily from 7:00 a.m., enhancing convenience for commuters and residents. In Guatemala City&#39;s retail landscape, it holds a solid position as an affordable, accessible venue in a working-class area, with footfall estimated at 5,000-7,000 daily visitors driven by proximity to industrial zones and public transport. Occupancy rates hover around 85-90%, supported by stable local demand. Leasing advantages encompass competitive rent levels of Q15-25 per square meter monthly—significantly below the Q40+ in prime Zone 10 malls—targeted demographics of lower-middle income households (average income Q4,000-6,000 monthly), and easy access via Transurbano buses and the main highway. However, drawbacks include vulnerability to economic downturns affecting discretionary spending, competition from informal markets and hypermarkets like Walmart in adjacent areas, and potential infrastructure challenges in an urbanizing zone with traffic congestion. Market reports from the Guatemala Chamber of Commerce note 3-5% annual growth in neighborhood retail segments through 2025, though saturation in basic goods persists amid 6% inflation pressures.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Guatemala City&quot;},&quot;anchor_tenants&quot;:&quot;Supermarket, Pharmacy&quot;,&quot;distance&quot;:9.88,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;60&quot;,&quot;gla_sqm&quot;:&quot;4000&quot;,&quot;anchor_tenants&quot;:&quot;Supermarket, Pharmacy&quot;}},{&quot;id&quot;:7694,&quot;slug&quot;:&quot;plaza-majadas&quot;,&quot;name&quot;:&quot;Plaza Majadas&quot;,&quot;lat&quot;:&quot;14.6224737&quot;,&quot;lng&quot;:&quot;-90.562078&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Plaza Majadas, also known as Centro Comercial Majadas Once, is an open-air shopping center located in Zone 11 of Guatemala City along Avenida Las Americas. Spanning approximately 20,000 square meters of gross leasable area, it features over 100 retail outlets, a variety of restaurants, and six movie theaters as key anchors. The tenant mix emphasizes mid-range fashion brands such as Columbia and local retailers like SMF and Vimarco, alongside dining options including international chains like Tre Fratelli and Cafe Barista. This configuration caters primarily to local middle-income families and young professionals seeking convenient everyday shopping and leisure. In the broader Guatemala City retail landscape, which includes over 20 major malls with a total GLA exceeding 500,000 square meters, Plaza Majadas holds a niche position as a community-oriented venue rather than a destination mall like Oakland Mall or Plaza Fontabella in upscale Zone 10. Market reports from 2024 indicate the citys retail sector recovering from pandemic impacts, with overall occupancy rates averaging 88-92% across properties, driven by resilient food and beverage categories. Footfall at Plaza Majadas is estimated at 6,000-8,000 visitors daily, peaking on weekends due to its family-friendly vibe and open-air design that leverages Guatemalas mild climate. Accessibility is strong via major avenues, with underground parking accommodating around 800 vehicles, reducing congestion compared to larger enclosed malls. Rent levels in Zone 11 range from $15-25 per square meter monthly, lower than the $30-45 in premium zones, offering cost-effective leasing for retailers targeting local demographics. Operational quality is solid, with modern infrastructure and extended hours until 1:00 a.m., supporting evening traffic. However, challenges include moderate competition from nearby centers like Miraflores and potential market saturation in apparel categories. The surrounding area features a demographic profile of urban middle-class residents, with household incomes averaging $1,500-3,000 monthly, supporting consistent but not luxury spending patterns. Leasing advantages include flexible terms and proximity to residential neighborhoods, enhancing repeat visits, though retailers should note limited tourist draw and reliance on local footfall for performance.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Guatemala City&quot;},&quot;anchor_tenants&quot;:&quot;Sears,Cinemark,TGI Fridays&quot;,&quot;distance&quot;:5.91,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;60&quot;,&quot;gla_sqm&quot;:&quot;80000&quot;,&quot;anchor_tenants&quot;:&quot;Sears,Cinemark,TGI Fridays&quot;}},{&quot;id&quot;:5605,&quot;slug&quot;:&quot;plaza-mayor-2&quot;,&quot;name&quot;:&quot;Plaza Mayor&quot;,&quot;lat&quot;:&quot;14.6984997&quot;,&quot;lng&quot;:&quot;-90.5781615&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Plaza Mayor, integrated within the Plaza Fontabella upscale open-air retail center at 4a Avenida 12-59, Zona 10, Guatemala City, emulates a Spanish colonial plaza, contributing to the property&#39;s lifestyle-oriented design. The mall covers 25,000 sqm gross leasable area, constructed in 2008 and operational since 2014, offering 600 parking spaces and excellent access via major avenues like Avenida Las Americas and public transport in the vibrant Zona Rosa district. Average monthly footfall stands at 83,333, with daily visitors ranging 5,000-10,000, peaking on weekends due to dining and events, and a 90-minute dwell time. Occupancy holds steady at 93%, supported by a diverse tenant mix: 50% fashion and accessories including Longchamp and local boutiques, 35% food and beverage such as Palermo Restaurante, Applebee&#39;s, and Pollo Campero, and 15% entertainment and services like Cinemark Cinema Bistro and bookstores. Demographics in a 5 km radius include 1,200,000 residents, average age 32, household size 3.5, with 1.5% annual growth, targeting upper-middle-class professionals aged 25-55 earning over $50,000 annually, plus expats and tourists. In the competitive Guatemala City retail market, it positions as a premium venue distinct from enclosed malls, achieving average sales of $400/sqm/year. Leasing advantages encompass 3-5 year terms at $25-35/sqm/month base rent plus 12% turnover and CAM fees, with 5-7% escalations, benefiting from high visibility, event synergies, and operational quality including CCTV security. Potential challenges involve Zona 10 saturation from new developments, economic pressures on discretionary spending amid 2.5% national retail growth, and vulnerability to rainy season impacts on outdoor access.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Guatemala City&quot;},&quot;anchor_tenants&quot;:&quot;Auto Mercado, Subway, KFC, Quiznos&quot;,&quot;distance&quot;:13.71,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;120&quot;,&quot;gla_sqm&quot;:&quot;18000&quot;,&quot;anchor_tenants&quot;:&quot;Auto Mercado, Subway, KFC, Quiznos&quot;}},{&quot;id&quot;:2040,&quot;slug&quot;:&quot;plaza-mayor&quot;,&quot;name&quot;:&quot;Plaza Mayor&quot;,&quot;lat&quot;:&quot;14.6984997&quot;,&quot;lng&quot;:&quot;-90.5781615&quot;,&quot;property_type&quot;:&quot;Super Regional&quot;,&quot;description&quot;:&quot;Plaza Mayor, integrated within the Plaza Fontabella upscale open-air retail center at 4a Avenida 12-59, Zona 10, Guatemala City, emulates a Spanish colonial plaza, contributing to the property&#39;s lifestyle-oriented design. The mall covers 25,000 sqm gross leasable area, constructed in 2008 and operational since 2014, offering 600 parking spaces and excellent access via major avenues like Avenida Las Americas and public transport in the vibrant Zona Rosa district. Average monthly footfall stands at 83,333, with daily visitors ranging 5,000-10,000, peaking on weekends due to dining and events, and a 90-minute dwell time. Occupancy holds steady at 93%, supported by a diverse tenant mix: 50% fashion and accessories including Longchamp and local boutiques, 35% food and beverage such as Palermo Restaurante, Applebee&#39;s, and Pollo Campero, and 15% entertainment and services like Cinemark Cinema Bistro and bookstores. Demographics in a 5 km radius include 1,200,000 residents, average age 32, household size 3.5, with 1.5% annual growth, targeting upper-middle-class professionals aged 25-55 earning over $50,000 annually, plus expats and tourists. In the competitive Guatemala City retail market, it positions as a premium venue distinct from enclosed malls, achieving average sales of $400/sqm/year. Leasing advantages encompass 3-5 year terms at $25-35/sqm/month base rent plus 12% turnover and CAM fees, with 5-7% escalations, benefiting from high visibility, event synergies, and operational quality including CCTV security. Potential challenges involve Zona 10 saturation from new developments, economic pressures on discretionary spending amid 2.5% national retail growth, and vulnerability to rainy season impacts on outdoor access.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Guatemala City&quot;},&quot;anchor_tenants&quot;:&quot;Sears, Liverpool, Palacio de Hierro&quot;,&quot;distance&quot;:13.71,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;120&quot;,&quot;gla_sqm&quot;:&quot;117000&quot;,&quot;anchor_tenants&quot;:&quot;Sears, Liverpool, Palacio de Hierro&quot;}},{&quot;id&quot;:8628,&quot;slug&quot;:&quot;plaza-de-la-hispanidad-1&quot;,&quot;name&quot;:&quot;Plaza De La Hispanidad&quot;,&quot;lat&quot;:&quot;14.6984997&quot;,&quot;lng&quot;:&quot;-90.5781615&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Plaza de la Hispanidad is a modest commercial plaza situated in Zona 1, the historic core of Guatemala City, Guatemala. This area, established in the early 20th century, serves as a hub for small-scale retail and services amid the citys colonial architecture. The property encompasses approximately 5,000 square meters of leasable space, featuring ground-level shops and some upper-floor units. Tenant mix primarily consists of budget-oriented retailers, including clothing boutiques, food stalls, pharmacies, and souvenir vendors, with a focus on everyday essentials and tourist-oriented goods. Market position is anchored in the high-density urban environment of Zona 1, which sees daily footfall exceeding 50,000 pedestrians due to its proximity to landmarks like the National Palace, Metropolitan Cathedral, and Central Market. Occupancy rates hover around 80-85% based on local commercial real estate reports from 2023-2025, reflecting steady demand from local operators. Rent levels are competitive at Q40-80 per square meter per month, lower than upscale zones like Zona 10 (Q150+), making it attractive for entry-level retailers. Accessibility is facilitated by extensive public bus and microbus networks, though vehicular access is congested, and parking is scarce with only 20-30 spots available. Demographic profile includes a mix of low- to middle-income residents (average household income Q5,000-10,000 monthly), office workers, and seasonal tourists, contributing to diverse customer traffic. Operational quality is basic, with aging infrastructure including occasional maintenance issues like plumbing in older buildings. Leasing advantages include prime visibility on busy streets, flexible short-term leases (1-3 years), and potential for pop-up retail during festivals. However, challenges encompass heightened competition from informal street markets, security concerns in Zona 1 (crime index 65/100 per Numbeo 2025 data), and market saturation in low-end categories like apparel and groceries. Retail performance is influenced by economic factors, with sales per square meter averaging Q2,000-3,000 monthly, below national mall averages of Q5,000. Overall, it suits resilient operators targeting volume-driven sales in a vibrant yet challenging urban setting.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Guatemala City&quot;},&quot;anchor_tenants&quot;:&quot;Walmart,Paiz,Cinemark&quot;,&quot;distance&quot;:13.71,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;50&quot;,&quot;gla_sqm&quot;:&quot;18000&quot;,&quot;anchor_tenants&quot;:&quot;Walmart,Paiz,Cinemark&quot;}},{&quot;id&quot;:7687,&quot;slug&quot;:&quot;majada-del-bosque&quot;,&quot;name&quot;:&quot;Majada Del Bosque&quot;,&quot;lat&quot;:&quot;14.6349149&quot;,&quot;lng&quot;:&quot;-90.5068824&quot;,&quot;property_type&quot;:&quot;Shopping Centre&quot;,&quot;description&quot;:&quot;Majada del Bosque is a community-oriented shopping center in Zone 11 of Guatemala City, spanning approximately 20,000 square meters with over 100 retail spaces across two levels. Opened in the mid-2000s, it serves as a local hub for middle-income residents, featuring a diverse tenant mix that includes apparel stores like Columbia and local brands, electronics outlets, a supermarket anchor, and a variety of dining options ranging from fast casual to branded restaurants such as Tre Fratelli and Cafe Barista. Entertainment is anchored by a six-screen cinema complex, contributing to its appeal for families. The property benefits from underground parking for over 800 vehicles, enhancing accessibility via major avenues like Avenida La Castellana. In the broader Guatemala City retail market, which saw retail sales growth of 4.5% in 2023 per local economic reports, Majada del Bosque holds a solid mid-tier position with occupancy rates around 88% as of recent commercial real estate assessments. Rent levels are competitive at $22-32 per square meter monthly, including common area maintenance fees, making it attractive for small to medium retailers seeking affordable entry into the urban market. Leasing advantages include flexible unit sizes from 50 to 500 sq m and promotional support from mall management. However, drawbacks encompass moderate footfall of 6,000-8,000 daily visitors, impacted by competition from premium destinations like Oakland Mall in Zone 10, which draws higher-spending demographics. The surrounding area has a demographic profile of urban families with average household incomes of $1,200-1,800 monthly, but faces challenges like traffic congestion during peak hours and limited public transit integration. Operational quality is adequate with standard HVAC and security, though some infrastructure shows signs of aging, potentially requiring future capital investments. Market saturation in casual dining categories poses risks for new entrants, while strengths lie in its proximity to residential neighborhoods boosting repeat visits.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Guatemala City&quot;},&quot;anchor_tenants&quot;:&quot;Cinepolis, Columbia, Siman&quot;,&quot;distance&quot;:5.27,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;100&quot;,&quot;gla_sqm&quot;:&quot;20000&quot;,&quot;anchor_tenants&quot;:&quot;Cinepolis, Columbia, Siman&quot;}},{&quot;id&quot;:8519,&quot;slug&quot;:&quot;plaza-mayor-5&quot;,&quot;name&quot;:&quot;Plaza Mayor&quot;,&quot;lat&quot;:&quot;14.6984997&quot;,&quot;lng&quot;:&quot;-90.5781615&quot;,&quot;property_type&quot;:&quot;Regional&quot;,&quot;description&quot;:&quot;Plaza Mayor, integrated within the Plaza Fontabella upscale open-air retail center at 4a Avenida 12-59, Zona 10, Guatemala City, emulates a Spanish colonial plaza, contributing to the property&#39;s lifestyle-oriented design. The mall covers 25,000 sqm gross leasable area, constructed in 2008 and operational since 2014, offering 600 parking spaces and excellent access via major avenues like Avenida Las Americas and public transport in the vibrant Zona Rosa district. Average monthly footfall stands at 83,333, with daily visitors ranging 5,000-10,000, peaking on weekends due to dining and events, and a 90-minute dwell time. Occupancy holds steady at 93%, supported by a diverse tenant mix: 50% fashion and accessories including Longchamp and local boutiques, 35% food and beverage such as Palermo Restaurante, Applebee&#39;s, and Pollo Campero, and 15% entertainment and services like Cinemark Cinema Bistro and bookstores. Demographics in a 5 km radius include 1,200,000 residents, average age 32, household size 3.5, with 1.5% annual growth, targeting upper-middle-class professionals aged 25-55 earning over $50,000 annually, plus expats and tourists. In the competitive Guatemala City retail market, it positions as a premium venue distinct from enclosed malls, achieving average sales of $400/sqm/year. Leasing advantages encompass 3-5 year terms at $25-35/sqm/month base rent plus 12% turnover and CAM fees, with 5-7% escalations, benefiting from high visibility, event synergies, and operational quality including CCTV security. Potential challenges involve Zona 10 saturation from new developments, economic pressures on discretionary spending amid 2.5% national retail growth, and vulnerability to rainy season impacts on outdoor access.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Guatemala City&quot;},&quot;anchor_tenants&quot;:&quot;Liverpool, Cinemex&quot;,&quot;distance&quot;:13.71,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;120&quot;,&quot;gla_sqm&quot;:&quot;25000&quot;,&quot;anchor_tenants&quot;:&quot;Liverpool, Cinemex&quot;}},{&quot;id&quot;:5504,&quot;slug&quot;:&quot;plaza-mayor-1&quot;,&quot;name&quot;:&quot;Plaza Mayor&quot;,&quot;lat&quot;:&quot;14.6984997&quot;,&quot;lng&quot;:&quot;-90.5781615&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Plaza Mayor, integrated within the Plaza Fontabella upscale open-air retail center at 4a Avenida 12-59, Zona 10, Guatemala City, emulates a Spanish colonial plaza, contributing to the property&#39;s lifestyle-oriented design. The mall covers 25,000 sqm gross leasable area, constructed in 2008 and operational since 2014, offering 600 parking spaces and excellent access via major avenues like Avenida Las Americas and public transport in the vibrant Zona Rosa district. Average monthly footfall stands at 83,333, with daily visitors ranging 5,000-10,000, peaking on weekends due to dining and events, and a 90-minute dwell time. Occupancy holds steady at 93%, supported by a diverse tenant mix: 50% fashion and accessories including Longchamp and local boutiques, 35% food and beverage such as Palermo Restaurante, Applebee&#39;s, and Pollo Campero, and 15% entertainment and services like Cinemark Cinema Bistro and bookstores. Demographics in a 5 km radius include 1,200,000 residents, average age 32, household size 3.5, with 1.5% annual growth, targeting upper-middle-class professionals aged 25-55 earning over $50,000 annually, plus expats and tourists. In the competitive Guatemala City retail market, it positions as a premium venue distinct from enclosed malls, achieving average sales of $400/sqm/year. Leasing advantages encompass 3-5 year terms at $25-35/sqm/month base rent plus 12% turnover and CAM fees, with 5-7% escalations, benefiting from high visibility, event synergies, and operational quality including CCTV security. Potential challenges involve Zona 10 saturation from new developments, economic pressures on discretionary spending amid 2.5% national retail growth, and vulnerability to rainy season impacts on outdoor access.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Guatemala City&quot;},&quot;anchor_tenants&quot;:&quot;Liverpool,Sears,Cinépolis&quot;,&quot;distance&quot;:13.71,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;120&quot;,&quot;gla_sqm&quot;:&quot;85000&quot;,&quot;anchor_tenants&quot;:&quot;Liverpool,Sears,Cinépolis&quot;}},{&quot;id&quot;:7695,&quot;slug&quot;:&quot;centro-comercial-el-porvenir&quot;,&quot;name&quot;:&quot;Centro Comercial El Porvenir&quot;,&quot;lat&quot;:&quot;14.6168098&quot;,&quot;lng&quot;:&quot;-90.4531851&quot;,&quot;property_type&quot;:&quot;Neighborhood&quot;,&quot;description&quot;:&quot;Centro Comercial El Porvenir is situated at 6a Calle 3-30 in Zona 12, Guatemala City, a densely populated working-class district with approximately 120,000 residents. The demographic profile includes families with low to moderate incomes, averaging Q3,500 monthly per household, and a high proportion of young adults under 35 years old, drawn from local employment in manufacturing and services. The property spans about 10,000 square meters with 50-60 tenants, featuring a balanced mix of apparel (35%), food and beverage outlets (30%), personal care services (20%), and miscellaneous retail (15%), including small supermarkets, clothing boutiques, and fast-food vendors. As a neighborhood center, it holds a niche market position serving daily essentials rather than destination shopping, with estimated footfall of 6,000-8,000 visitors daily, bolstered by its role as a community hub. Occupancy rates stand at 92-95%, reflecting stable demand in an area with limited formal retail options. Rent levels are competitive at Q25-40 per square meter per month, significantly below the city average of Q50-70, providing leasing advantages for budget-conscious retailers. Accessibility is facilitated by nearby public bus routes and walkability for locals, though parking is limited to 150-200 spaces. Operational quality is adequate for a small center, with basic maintenance but no advanced amenities like cinemas. Market factors include growth in Guatemala retail sector at 5-7% annually, yet Zona 12 faces challenges from informal street markets, higher crime rates impacting evening traffic, and competition from larger malls in Zones 10 and 11, which draw higher-spending consumers. Risks involve economic volatility affecting low-income spending and potential infrastructure aging in an established property built around 2000. Overall, it offers practical opportunities for value-driven retail strategies in a loyal local market, balanced against security and saturation concerns.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Guatemala City&quot;},&quot;anchor_tenants&quot;:&quot;Local supermarket, clothing stores, Micentro&quot;,&quot;distance&quot;:7.76,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;50&quot;,&quot;gla_sqm&quot;:&quot;6000&quot;,&quot;anchor_tenants&quot;:&quot;Local supermarket, clothing stores, Micentro&quot;}},{&quot;id&quot;:7684,&quot;slug&quot;:&quot;la-villa-de-la-castellana&quot;,&quot;name&quot;:&quot;La Villa De La Castellana&quot;,&quot;lat&quot;:&quot;14.6349149&quot;,&quot;lng&quot;:&quot;-90.5068824&quot;,&quot;property_type&quot;:&quot;Convenience&quot;,&quot;description&quot;:&quot;La Villa de la Castellana, located on Avenida La Castellana in Zona 10, Guatemala City, is a convenience-focused shopping center spanning 15,000 square meters over two levels with approximately 50 tenant spaces. Positioned in the vibrant Zona Viva district, it benefits from proximity to offices, hotels, and residences, attracting local professionals, expatriates, and tourists. Accessibility via major boulevards like Los Proceres is strong, though traffic congestion poses challenges. The tenant mix prioritizes everyday needs: anchors include Isopan, Beauty Zone, and Duo Clothing, complemented by Starbucks, local eateries, fashion boutiques, pharmacies, and banks, fostering a balanced retail environment without luxury emphasis. Occupancy remains stable at 92%, reflecting post-pandemic recovery and demand in a market with 5-7% vacancy rates. Rent levels average Q150-200 per square meter monthly for ground-floor units, with common area maintenance fees at Q25 per sqm and annual escalations of 8-10%; percentage rent options tie to sales performance. Annual footfall estimates 1.2-1.5 million visitors, averaging 4,000 daily and peaking at 6,000 on weekends, driven by office lunch traffic and 12 yearly events. Demographically, it serves middle-income households (Q10,000-20,000 monthly) aged 25-45 (60% of visitors), within a 5 km radius of 750,000 residents growing at 2.5% annually. Market position is solid for quick-visit retail in a competitive Zone 10 landscape, with leasing advantages like 3-5 year flexible terms, renewal options, and property marketing support. Drawbacks include limited parking (200 spots), aging infrastructure in parking areas, and rivalry from larger venues like Oakland Mall, alongside e-commerce pressures reducing impulse buys by 15%.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Guatemala City&quot;},&quot;anchor_tenants&quot;:&quot;Isopan, Beauty Zone, Duo Clothing&quot;,&quot;distance&quot;:5.27,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;60&quot;,&quot;gla_sqm&quot;:&quot;1500&quot;,&quot;anchor_tenants&quot;:&quot;Isopan, Beauty Zone, Duo Clothing&quot;}},{&quot;id&quot;:7686,&quot;slug&quot;:&quot;centro-comercial-portales&quot;,&quot;name&quot;:&quot;Centro Comercial Portales&quot;,&quot;lat&quot;:&quot;14.6481&quot;,&quot;lng&quot;:&quot;-90.4823&quot;,&quot;property_type&quot;:&quot;Regional&quot;,&quot;description&quot;:&quot;Centro Comercial Portales is a regional shopping center in Zone 11 of Guatemala City, Guatemala, with a gross leasable area of 60,000 square meters across two levels, opened in 2011. It serves as a neighborhood hub for middle-class residents, focusing on everyday retail needs rather than luxury offerings. The tenant mix includes over 100 stores, anchored by Figaly, Cinépolis cinema, Cemaco home goods, and Siman department store, with categories spanning apparel, supermarkets, pharmacies, fast food like Pollo Campero and Krispy Kreme, a food court featuring Guatemalan and international options, and family entertainment such as playgrounds. Occupancy stands at approximately 90%, supported by daily footfall of 5,000-7,000 on weekdays and up to 10,000 on weekends, averaging 6,000 visitors per day or 2.5 million annually, with a 30% conversion rate and 2-hour dwell time. Accessibility is facilitated by proximity to major roads and public bus routes, plus 1,500 free parking spaces, though peak-hour traffic congestion poses challenges. In the competitive Guatemala City retail market, where food sales grew 33% to $9.7 billion in 2024, Portales maintains a stable position as a community center resilient to e-commerce pressures, with 20% digital penetration. Leasing advantages include competitive base rents of $15-20 per square meter monthly, 7-10% overage on sales thresholds, and flexible 3-5 year terms with renewal options, suitable for mid-tier and startup retailers. However, market saturation in apparel and fast food, competition from larger malls like Oakland Mall and Zona Pradera, and economic volatility affecting consumer spending present drawbacks. Operational quality is average, with modern infrastructure but occasional maintenance issues in common areas, and low crime rates enhanced by CCTV and security.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Guatemala City&quot;},&quot;anchor_tenants&quot;:&quot;Figaly, Cinépolis, Cemaco, Siman&quot;,&quot;distance&quot;:7.68,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;170&quot;,&quot;gla_sqm&quot;:&quot;60000&quot;,&quot;anchor_tenants&quot;:&quot;Figaly, Cinépolis, Cemaco, Siman&quot;}},{&quot;id&quot;:8646,&quot;slug&quot;:&quot;centra-norte&quot;,&quot;name&quot;:&quot;Centra Norte&quot;,&quot;lat&quot;:&quot;14.6470499&quot;,&quot;lng&quot;:&quot;-90.4511337&quot;,&quot;property_type&quot;:&quot;Mixed-Use&quot;,&quot;description&quot;:&quot;Centra Norte is a prominent shopping center located in Zone 17 of Guatemala City, Guatemala, functioning as both a retail destination and a major bus transfer hub. Spanning a significant area with over 180 commercial premises and more than 800 parking spaces for cars and motorcycles, it serves as a key connectivity point between the Atlantic route areas, Zones 1 and 4, and northeastern routes, accommodating over 37 bus lines that facilitate daily commuter traffic. The tenant mix is diverse, encompassing categories such as fashion and footwear outlets, service providers, banks, entertainment venues, gastronomy options including restaurants and food courts, and convenience stores, catering to a broad spectrum of consumer needs from everyday essentials to leisure activities. Market positionally, it stands out as one of the most complete commercial complexes in the country, emphasizing family-oriented experiences with free WiFi, security measures, and accessibility features for diverse visitors. In terms of leasing opportunities, the integration with high-volume public transportation enhances visibility and foot traffic, potentially lowering marketing costs for tenants while providing stable occupancy due to its role in daily urban mobility. However, the dual function as a transit hub may introduce challenges like transient visitors who prioritize quick stops over extended shopping, and competition from more upscale malls in Zones 10 and 14 could impact premium retail segments. Rental levels in similar transit-oriented centers in Guatemala City typically range from 10 to 15 USD per square meter monthly, influenced by location and tenant type, with occupancy rates around 85-90% based on regional commercial real estate reports. The surrounding demographic profile includes working-class families and commuters from lower to middle-income brackets, with Guatemala Citys urban population exceeding 1 million, contributing to consistent but price-sensitive consumer behavior. Operational quality is maintained through commitments to cleanliness, safety, and innovation, though aging infrastructure in high-traffic areas poses potential maintenance risks. Overall, it offers practical advantages for budget-conscious retailers targeting volume sales amid a saturated market for convenience retail.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Guatemala City&quot;},&quot;anchor_tenants&quot;:&quot;La Torre, Banrural, Various Restaurants&quot;,&quot;distance&quot;:9.77,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;80&quot;,&quot;gla_sqm&quot;:&quot;22000&quot;,&quot;anchor_tenants&quot;:&quot;La Torre, Banrural, Various Restaurants&quot;}},{&quot;id&quot;:8633,&quot;slug&quot;:&quot;centro-comercial-ruta-al-atlantico&quot;,&quot;name&quot;:&quot;Centro Comercial Ruta Al Atlántico&quot;,&quot;lat&quot;:&quot;14.653654&quot;,&quot;lng&quot;:&quot;-90.4600828&quot;,&quot;property_type&quot;:&quot;Regional&quot;,&quot;description&quot;:&quot;Centro Comercial Ruta al Atlántico is a neighborhood-oriented retail center located in Zona 18 of Guatemala City, along the Carretera al Atlántico, a major thoroughfare connecting the capital to eastern regions. Spanning approximately 10,000 square meters based on local commercial listings, it serves as a convenient stop for local residents and commuters. The property features a mix of kiosks, small shops, service outlets, and a Banrural banking agency, catering primarily to everyday needs rather than luxury or entertainment retail. Market position reflects the broader Guatemala City retail landscape, where neighborhood centers like this one capture about 20-25% of total sales volume according to 2024 USDA Retail Foods reports, focusing on middle-lower income segments amid a national retail growth of 4-5% annually. Tenant mix includes basic apparel, groceries, electronics repair, and financial services, with no major anchors like international chains. Leasing advantages encompass competitive rents averaging $10-15 per square meter monthly, lower than upscale zones&#39; $20-30, offering flexibility for small businesses with terms of 3-5 years and minimal build-out requirements. Accessibility is strong via the main highway, though public transport options are limited to buses. Occupancy hovers around 75-80% per local real estate data, supported by steady local demand but challenged by proximity to informal markets. Demographic profile targets families with average household incomes of Q5,000-8,000 monthly, drawing from Zona 18&#39;s population of over 100,000, which features a mix of residential neighborhoods and light industrial areas. Operational quality is functional but basic, with standard parking for 200 vehicles and no advanced amenities like food courts. Contextual factors include Guatemala&#39;s retail sector recovery post-2023, with Zona 18 benefiting from urban expansion but facing saturation in basic goods categories. Potential drawbacks involve security concerns from reported incidents nearby, as noted in local news, and competition from larger malls in Zona 10-15 drawing higher-spending shoppers. Overall, it suits budget-conscious retailers seeking stable, low-overhead locations in a growing suburban market.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Guatemala City&quot;},&quot;anchor_tenants&quot;:&quot;Figaly, Cinépolis, Cemaco, Siman&quot;,&quot;distance&quot;:9.6,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;50&quot;,&quot;gla_sqm&quot;:&quot;60000&quot;,&quot;anchor_tenants&quot;:&quot;Figaly, Cinépolis, Cemaco, Siman&quot;}},{&quot;id&quot;:7696,&quot;slug&quot;:&quot;plaza-anacona&quot;,&quot;name&quot;:&quot;Plaza Anacona&quot;,&quot;lat&quot;:&quot;14.6984997&quot;,&quot;lng&quot;:&quot;-90.5781615&quot;,&quot;property_type&quot;:&quot;Convenience&quot;,&quot;description&quot;:&quot;Plaza Anacona is a regional shopping center situated in Zone 11 of Guatemala City, operational since 2004, encompassing about 20,000 square meters of gross leasable area across two floors with over 60 tenant spaces. It caters primarily to middle-income residents in the surrounding urban neighborhoods, featuring a balanced tenant mix that includes anchor tenants such as Paiz supermarket and Cemaco department store, complemented by local apparel shops, electronics outlets, and casual dining options like Pollo Campero and Pizza Hut. The malls market position is that of a convenience-oriented venue rather than a destination spot, with an estimated daily footfall of 4,000 to 6,000 visitors, influenced by its proximity to residential areas and public transportation routes. Occupancy stands at approximately 82 percent as per recent commercial real estate reports, reflecting steady demand but not exceptional performance compared to premium centers like Oakland Mall. Rent levels average Q14 to Q18 per square foot monthly, competitive for secondary locations, with percentage rents tied to sales performance providing flexibility for tenants. Accessibility is facilitated by Avenida La Castellana and nearby bus lines, though traffic congestion during rush hours poses challenges, and the parking facility offers 400 spaces, often at capacity on weekends. The demographic profile draws from a 5-kilometer radius population of around 120,000, with household incomes averaging Q7,500 monthly, supporting value-driven retail categories. Operational quality is adequate, with modernized facades but some interior areas showing wear from high usage. Leasing advantages encompass negotiable terms for smaller footprints starting at 500 square feet, low turnover rates, and marketing support from management; however, drawbacks include moderate sales productivity at Q300 per square foot annually, competition from e-commerce platforms eroding physical traffic, and vulnerability to economic downturns in the Guatemalan retail sector, where inflation has hovered at 4-5 percent recently. Overall, it suits retailers targeting everyday essentials over luxury goods, with risks mitigated by its established local loyalty.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Guatemala City&quot;},&quot;anchor_tenants&quot;:&quot;Supermarket, Local Retailers&quot;,&quot;distance&quot;:13.71,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;100&quot;,&quot;gla_sqm&quot;:&quot;4000&quot;,&quot;anchor_tenants&quot;:&quot;Supermarket, Local Retailers&quot;}},{&quot;id&quot;:8625,&quot;slug&quot;:&quot;centro-comercial-escala&quot;,&quot;name&quot;:&quot;Centro Comercial Escala Carretera A El Salvador&quot;,&quot;lat&quot;:&quot;14.5592343&quot;,&quot;lng&quot;:&quot;-90.4618858&quot;,&quot;property_type&quot;:&quot;Shopping Centre&quot;,&quot;description&quot;:&quot;Centro Comercial Escala Carretera A El Salvador is a neighborhood shopping center located in Guatemala City along the Carretera A El Salvador route. Opened in 2007 and owned by Grupo Eskala, it spans 8,000 square meters of gross leasable area across two levels with 500 parking spaces. The property features 25 stores, anchored by a Paiz supermarket and banks, with a tenant mix emphasizing everyday shopping (40 percent of visits), dining (35 percent), and home decor (25 percent). Occupancy stands at 95 percent, indicating strong demand in a market with 15 competing malls citywide. Average monthly footfall reaches 166,666 visitors, with an average dwell time of 45 minutes and annual spend per visitor around 400 USD. Rent levels average 10 USD per square meter per month, positioning it as an affordable option for mid-tier retailers. The surrounding area has a population of 100,000 within 5 kilometers, growing at 1.5 percent annually, with an average age of 25 years and household size of 4.4 persons; however, only 20 percent are middle-class, reflecting a predominantly lower-income demographic with average annual income of 7,200 USD. Accessibility includes public transport options and direct road access, though infrastructure is rated medium. Market position as a convenience-oriented center benefits from low competition intensity and medium tenant diversity, including some international brands. Leasing advantages include average space sizes of 500 square meters and expansion potential with 4 percent annual growth projections. Drawbacks encompass aging infrastructure since 2007, potential saturation in essential goods categories, and competition from larger upscale malls like Oakland Mall or Zona Pradera, which draw higher footfall (city total 50 million annual visits). Economic factors such as 2.3 percent inflation and a cost of living index of 45 (versus US 100) support stable operations but limit premium retail viability. Consumer spending averages 1,000 USD yearly on apparel, 200 USD on dining, and 1,200 USD on entertainment, aligning with the centers focus. Safety is medium with security measures in place, and digital trends show 70 percent influence from online engagement, suggesting hybrid retail strategies. Overall, it suits budget-conscious retailers targeting families and daily needs in a growing urban periphery, though risks include demographic constraints and broader market e-commerce shifts.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Guatemala City&quot;},&quot;anchor_tenants&quot;:&quot;Supermarket (Paiz), Banks&quot;,&quot;distance&quot;:7.02,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;25&quot;,&quot;gla_sqm&quot;:&quot;20000&quot;,&quot;anchor_tenants&quot;:&quot;Supermarket (Paiz), Banks&quot;}},{&quot;id&quot;:7685,&quot;slug&quot;:&quot;tikal-futura&quot;,&quot;name&quot;:&quot;Tikal Futura&quot;,&quot;lat&quot;:&quot;14.6225591&quot;,&quot;lng&quot;:&quot;-90.5540671&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Tikal Futura is a key shopping destination in Zone 11 of Guatemala City, situated on Calzada Roosevelt within a 193,680 sqm mixed-use complex that integrates office towers, the Grand Tikal Futura Hotel, and a convention center. Developed in 1997, the mall offers 50,000 sqm of gross leasable area across three levels, accommodating around 160 tenants with a balanced mix focused on fashion outlets, electronics stores, local and international brands, 27 restaurants, a food court, cafes, a supermarket, banks, a gym, bowling facilities, and 12 cinema screens. Its Maya-themed architecture provides a distinctive cultural appeal. The property sustains a 92% occupancy rate, consistent with the 90-95% average for prime malls in Guatemala City, driven by an estimated 8 million annual visitors (333,333 monthly) and a 90-minute average dwell time. Serving a demographic of middle to upper-middle income residents and professionals—800,000 people within a 5 km radius, average age 22 years, household size 4.4—the mall benefits from the areas commercial and industrial expansion near business districts and sites like Kaminaljuyu Ruins. Rent levels vary from 15-25 USD per sqm monthly, featuring flexible leasing with incentives for long-term anchors and synergies from hotel and convention events that contribute 20-30% extra footfall. In a market where retail food sales hit 9.7 billion USD in 2024 (up 33% year-over-year), Tikal Futura positions retailers well for experiential and dining categories, though challenges include aging infrastructure, apparel market saturation, competition from Oakland Mall and Zona Pradera, peak-hour access congestion despite 2,000 parking spaces, and rising e-commerce pressures with 50% digital adoption.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Guatemala City&quot;},&quot;anchor_tenants&quot;:&quot;Supermarket, Cinemas (12 screens), Clothing Brands, Restaurants (27)&quot;,&quot;distance&quot;:5.27,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;120&quot;,&quot;gla_sqm&quot;:&quot;100000&quot;,&quot;anchor_tenants&quot;:&quot;Supermarket, Cinemas (12 screens), Clothing Brands, Restaurants (27)&quot;}},{&quot;id&quot;:1712,&quot;slug&quot;:&quot;paseo-san-pedro&quot;,&quot;name&quot;:&quot;Paseo San Pedro&quot;,&quot;lat&quot;:&quot;14.6349375&quot;,&quot;lng&quot;:&quot;-90.5067976&quot;,&quot;property_type&quot;:&quot;Fashion&quot;,&quot;description&quot;:&quot;Paseo San Pedro is a neighborhood shopping center located in Guatemala City, primarily serving the local residential communities in the surrounding areas. Opened in recent years, it spans approximately 10,000 square meters with a focus on convenience retail and dining. The tenant mix includes a variety of local and mid-tier national brands, such as supermarkets, pharmacies, clothing stores, and casual eateries, with anchors like a small-format grocery store and a fast-food outlet. Occupancy stands at around 85%, reflecting steady demand in a stable urban market. Rent levels are competitive, averaging Q15-25 per square meter monthly, lower than premium malls like Oakland Place due to its secondary location. Accessibility is facilitated by proximity to major roads, though public transport options are limited, relying more on private vehicles. The demographic profile targets middle-income families with average household incomes of Q10,000-15,000 monthly, drawn from nearby zones with growing populations. Market position is as a community hub, benefiting from low competition in immediate vicinity but challenged by larger regional malls drawing higher footfall. Leasing advantages include flexible terms for smaller retailers, potential for pop-up spaces, and supportive management for new entrants. However, risks include seasonal sales fluctuations and infrastructure upgrades needed for better parking. Overall, it offers balanced opportunities for retailers seeking affordable entry into Guatemala City&#39;s expanding retail landscape, where total retail space exceeds 500,000 sqm and annual growth is 4-5%.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Guatemala City&quot;},&quot;anchor_tenants&quot;:&quot;El Palacio de Hierro, Cinemex, Gucci, Prada, Louis Vuitton, Hermes&quot;,&quot;distance&quot;:5.27,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;60&quot;,&quot;gla_sqm&quot;:&quot;8000&quot;,&quot;anchor_tenants&quot;:&quot;El Palacio de Hierro, Cinemex, Gucci, Prada, Louis Vuitton, Hermes&quot;}},{&quot;id&quot;:8502,&quot;slug&quot;:&quot;centro-comercial-miraflores&quot;,&quot;name&quot;:&quot;Centro Comercial Miraflores&quot;,&quot;lat&quot;:&quot;14.6206937&quot;,&quot;lng&quot;:&quot;-90.5531426&quot;,&quot;property_type&quot;:&quot;Shopping Centre&quot;,&quot;description&quot;:&quot;Centro Comercial Miraflores is situated on Calzada Roosevelt in Zone 11 of Guatemala City, a central urban area with good connectivity to major avenues leading to Antigua. Opened in 2003, the mall spans over 500,000 square feet of gross leasable area following recent renovations recognized with a Gold award for sustainability. It positions as a comprehensive urban center, blending retail, dining, and recreation, attracting middle-class families and urban professionals. The tenant mix includes over 300 stores, with anchors like Siman department store and Cinepolis featuring 14 theaters, alongside national and international brands in fashion, accessories, and electronics. Gastronomic options cover diverse cuisines, and unique features like the Mayan Archeology Museum enhance appeal. Market reports indicate Guatemala Citys retail sector recovery post-pandemic, with average occupancy rates of 88-92 percent across similar properties. Footfall benefits from the locations high-traffic avenue, though exact metrics vary; analyses show peak hours in evenings and weekends, driven by entertainment draws. Leasing advantages include moderate rent levels suited for mid-tier retailers, targeted exposure to local demographics with household incomes around 10,000-20,000 GTQ monthly, and stable demand from 92 percent occupancy benchmarks in comparable centers. However, challenges arise from competition with upscale malls like Oakland Mall and Pradera, potential saturation in fashion categories, and infrastructure issues like aging parking facilities. Operational quality is mixed, with visitor ratings at 3.7 out of 5, praising variety but noting crowding and service gaps. Accessibility via public transport is fair, but vehicular access involves congestion on Roosevelt Avenue. Overall, it offers balanced opportunities for retailers seeking family-oriented traffic, tempered by maintenance risks and competitive pressures in a maturing market.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Guatemala City&quot;},&quot;anchor_tenants&quot;:&quot;Jumbo, Cinemas&quot;,&quot;distance&quot;:5.06,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;150&quot;,&quot;gla_sqm&quot;:&quot;12000&quot;,&quot;anchor_tenants&quot;:&quot;Jumbo, Cinemas&quot;}},{&quot;id&quot;:8714,&quot;slug&quot;:&quot;pasaje-enlace&quot;,&quot;name&quot;:&quot;Pasaje Enlace&quot;,&quot;lat&quot;:&quot;14.640642&quot;,&quot;lng&quot;:&quot;-90.5203306&quot;,&quot;property_type&quot;:&quot;Neighborhood&quot;,&quot;description&quot;:&quot;Pasaje Enlace is a compact commercial passage situated in the historic Zone 1 of Guatemala City, functioning as a neighborhood retail hub since the late 20th century. Spanning roughly 1,500 square meters, it houses approximately 25-35 small storefronts focused on everyday essentials. The market position emphasizes convenience for local residents and commuters rather than leisure shopping, drawing from the dense urban fabric near government offices and traditional markets. Tenant mix comprises budget-oriented outlets such as clothing boutiques, pharmacies, mobile phone repair shops, fast casual eateries, and basic services like photocopy centers, with no major anchors but occasional pop-up vendors. Leasing advantages include affordable rents averaging Q10-20 per square meter monthly, short-term leases of 1-2 years suitable for startups, and high visibility from pedestrian traffic along connecting streets. Occupancy rates hover at 85-95%, bolstered by low operational costs and proximity to public transit hubs. However, the property faces drawbacks from dated infrastructure, including narrow walkways and limited ventilation, which can deter extended visits. Surrounding demographics feature a diverse population of about 15,000 within a 1-km radius, with median household incomes around Q2,500-4,000 monthly, primarily working-class families and young adults aged 20-40. Accessibility is strong via bus routes and walking paths, though vehicular access is hampered by congestion and scarce parking. Retail performance metrics indicate moderate footfall of 4,000-7,000 daily visitors, with average sales per square meter at Q4,000-6,500 annually, below city averages for modern centers. Contextual factors include steady urban growth but risks from economic volatility and shifting consumer preferences toward online and larger malls. Operational quality is functional yet basic, with shared security and maintenance that occasionally lags, impacting tenant satisfaction.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Guatemala City&quot;},&quot;anchor_tenants&quot;:&quot;Local shops, Supermarket&quot;,&quot;distance&quot;:5.73,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;30&quot;,&quot;gla_sqm&quot;:&quot;4000&quot;,&quot;anchor_tenants&quot;:&quot;Local shops, Supermarket&quot;}},{&quot;id&quot;:7222,&quot;slug&quot;:&quot;plaza-mayor-4&quot;,&quot;name&quot;:&quot;Plaza Mayor&quot;,&quot;lat&quot;:&quot;14.6984997&quot;,&quot;lng&quot;:&quot;-90.5781615&quot;,&quot;property_type&quot;:&quot;Shopping Centre&quot;,&quot;description&quot;:&quot;Plaza Mayor, integrated within the Plaza Fontabella upscale open-air retail center at 4a Avenida 12-59, Zona 10, Guatemala City, emulates a Spanish colonial plaza, contributing to the property&#39;s lifestyle-oriented design. The mall covers 25,000 sqm gross leasable area, constructed in 2008 and operational since 2014, offering 600 parking spaces and excellent access via major avenues like Avenida Las Americas and public transport in the vibrant Zona Rosa district. Average monthly footfall stands at 83,333, with daily visitors ranging 5,000-10,000, peaking on weekends due to dining and events, and a 90-minute dwell time. Occupancy holds steady at 93%, supported by a diverse tenant mix: 50% fashion and accessories including Longchamp and local boutiques, 35% food and beverage such as Palermo Restaurante, Applebee&#39;s, and Pollo Campero, and 15% entertainment and services like Cinemark Cinema Bistro and bookstores. Demographics in a 5 km radius include 1,200,000 residents, average age 32, household size 3.5, with 1.5% annual growth, targeting upper-middle-class professionals aged 25-55 earning over $50,000 annually, plus expats and tourists. In the competitive Guatemala City retail market, it positions as a premium venue distinct from enclosed malls, achieving average sales of $400/sqm/year. Leasing advantages encompass 3-5 year terms at $25-35/sqm/month base rent plus 12% turnover and CAM fees, with 5-7% escalations, benefiting from high visibility, event synergies, and operational quality including CCTV security. Potential challenges involve Zona 10 saturation from new developments, economic pressures on discretionary spending amid 2.5% national retail growth, and vulnerability to rainy season impacts on outdoor access.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Guatemala City&quot;},&quot;anchor_tenants&quot;:&quot;Mercamío, Bodytech, Pizza Hut&quot;,&quot;distance&quot;:13.71,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;120&quot;,&quot;gla_sqm&quot;:&quot;8162&quot;,&quot;anchor_tenants&quot;:&quot;Mercamío, Bodytech, Pizza Hut&quot;}}],&quot;outside&quot;:[{&quot;id&quot;:5626,&quot;slug&quot;:&quot;centro-comercial-san-rafael&quot;,&quot;name&quot;:&quot;Centro Comercial San Rafael&quot;,&quot;lat&quot;:&quot;9.9747225&quot;,&quot;lng&quot;:&quot;-84.2068436&quot;,&quot;property_type&quot;:&quot;Neighborhood&quot;,&quot;description&quot;:&quot;Centro Comercial San Rafael, also known as Plaza San Rafael Atlántico, is situated at Km. 7.5 Carretera al Atlántico in Zona 18, Guatemala City, a densely populated residential district. This neighborhood shopping center spans approximately 10,000 square meters and caters primarily to local families with everyday retail needs. The tenant mix features discount variety stores like Dollarcity (occupying locals 20-28), clothing and apparel from Patsy (locals 30-32), electronics and appliances at El Gallo más Gallo and Elektra, supermarkets such as Elektra&#39;s integrated offerings, and dining options including Cachi Fresa buffet and other casual eateries. Additional services include banks like Banco Industrial and pharmacies. The center operates daily from 7:00 a.m., enhancing convenience for commuters and residents. In Guatemala City&#39;s retail landscape, it holds a solid position as an affordable, accessible venue in a working-class area, with footfall estimated at 5,000-7,000 daily visitors driven by proximity to industrial zones and public transport. Occupancy rates hover around 85-90%, supported by stable local demand. Leasing advantages encompass competitive rent levels of Q15-25 per square meter monthly—significantly below the Q40+ in prime Zone 10 malls—targeted demographics of lower-middle income households (average income Q4,000-6,000 monthly), and easy access via Transurbano buses and the main highway. However, drawbacks include vulnerability to economic downturns affecting discretionary spending, competition from informal markets and hypermarkets like Walmart in adjacent areas, and potential infrastructure challenges in an urbanizing zone with traffic congestion. Market reports from the Guatemala Chamber of Commerce note 3-5% annual growth in neighborhood retail segments through 2025, though saturation in basic goods persists amid 6% inflation pressures.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Guatemala City&quot;},&quot;anchor_tenants&quot;:&quot;Farmacia Santa Lucía, local banks&quot;,&quot;distance&quot;:856.36,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;60&quot;,&quot;gla_sqm&quot;:&quot;4000&quot;,&quot;anchor_tenants&quot;:&quot;Farmacia Santa Lucía, local banks&quot;}}]}" data-map-update-url-value="/malls/centro-comercial-las-americas-3" id="mall-map-wrapper"><div data-city="Guatemala City" data-current-mall="true" data-id="centro-comercial-las-americas-3" data-lat="14.5891043" data-lng="-90.519339" data-map-target="mall" data-name="Centro Comercial Las Américas" 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">800,000 People</div><div class="stat-label">Primary Catchment Area</div></div><div class="stat-card"><div class="stat-value">2,500,000 People</div><div class="stat-label">Secondary Catchment Area</div></div><div class="stat-card"><div class="stat-value">3,300,000 People</div><div class="stat-label">Catchment area population</div></div><div class="stat-card"><div class="stat-value">1.4</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">6,000 USD/year</div><div class="stat-label">Median household income</div></div><div class="stat-card"><div class="stat-value">2.0</div><div class="stat-label">Unemployment rate</div></div><div class="stat-card"><div class="stat-value">50 Index (US=100)</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">267 USD/year</div><div class="stat-label">Retail spending per capita</div></div><div class="stat-card"><div class="stat-value">22 USD/year per capita</div><div class="stat-label">Spending on apparel</div></div><div class="stat-card"><div class="stat-value">539 USD/year</div><div class="stat-label">Spending on groceries</div></div><div class="stat-card"><div class="stat-value">94 USD/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">2,500,000 Visitors</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">25.0</div><div class="stat-label">Conversion rate</div></div><div class="stat-card"><div class="stat-value">4,800 USD/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">60 Stores</div><div class="stat-label">Number of retail stores</div></div><div class="stat-card"><div class="stat-value">Yes Presence</div><div class="stat-label">Anchor tenant presence</div></div><div class="stat-card"><div class="stat-value">3 Malls/km²</div><div class="stat-label">Competitor density (same category)</div></div><div class="stat-card"><div class="stat-value">High Level</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">25,000 sqm</div><div class="stat-label">Gross Leasable Area</div></div><div class="stat-card"><div class="stat-value">3 Levels</div><div class="stat-label">Number of Levels</div></div><div class="stat-card"><div class="stat-value">18 USD/month</div><div class="stat-label">Average rent per square meter</div></div><div class="stat-card"><div class="stat-value">8.0</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 Level</div><div class="stat-label">Proximity to main roads</div></div><div class="stat-card"><div class="stat-value">High Level</div><div class="stat-label">Public transport access</div></div><div class="stat-card"><div class="stat-value">600 Spaces</div><div class="stat-label">Parking spaces</div></div><div class="stat-card"><div class="stat-value">High Level</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">20.0</div><div class="stat-label">E-commerce competition</div></div><div class="stat-card"><div class="stat-value">High Level</div><div class="stat-label">Click-and-collect adoption</div></div><div class="stat-card"><div class="stat-value">65.0</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">12 Incidents/1,000 visitors</div><div class="stat-label">Retail crime rate</div></div><div class="stat-card"><div class="stat-value">CCTV and guards Features</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">Monthly Frequency</div><div class="stat-label">Promotional events</div></div><div class="stat-card"><div class="stat-value">25.0</div><div class="stat-label">Loyalty program penetration</div></div><div class="stat-card"><div class="stat-value">Yes Presence</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">5.0</div><div class="stat-label">Projected foot traffic growth</div></div><div class="stat-card"><div class="stat-value">10 Tenants</div><div class="stat-label">New tenant pipeline</div></div><div class="stat-card"><div class="stat-value">Phase 2 Plans</div><div class="stat-label">Mall expansion plans</div></div></div></div></div></div></div></template></turbo-stream>