<turbo-stream action="replace" target="mall-map-wrapper"><template><div data-controller="map" data-lat="18.423056" data-lng="-66.161389" data-map-catchment-data-value="{&quot;lat&quot;:&quot;18.423056&quot;,&quot;lng&quot;:&quot;-66.161389&quot;,&quot;primary_radius&quot;:5.0,&quot;secondary_radius&quot;:15.0,&quot;population&quot;:500000}" data-map-demographic-summary-value="{&quot;Mall Demographics&quot;:[{&quot;label&quot;:&quot;Primary Catchment Area&quot;,&quot;value&quot;:&quot;10 km radius km&quot;,&quot;description&quot;:&quot;Geographical area serving the mall primarily, centered in Bayamón&quot;},{&quot;label&quot;:&quot;Secondary Catchment Area&quot;,&quot;value&quot;:&quot;30 km radius km&quot;,&quot;description&quot;:&quot;Extended area including San Juan metro influences&quot;},{&quot;label&quot;:&quot;Catchment area population&quot;,&quot;value&quot;:&quot;500,000 People&quot;,&quot;description&quot;:&quot;Estimated total population in primary and secondary areas, based on San Juan-Bayamón metro data&quot;},{&quot;label&quot;:&quot;Population growth rate&quot;,&quot;value&quot;:&quot;-0.5&quot;,&quot;description&quot;:&quot;Annual growth rate for Bayamón region, reflecting Puerto Rico&#39;s overall decline&quot;},{&quot;label&quot;:&quot;Median age&quot;,&quot;value&quot;:&quot;44.1 Years&quot;,&quot;description&quot;:&quot;Median age of residents in Bayamón Municipio&quot;},{&quot;label&quot;:&quot;Household size&quot;,&quot;value&quot;:&quot;2.72 Persons&quot;,&quot;description&quot;:&quot;Average household size in San Juan-Bayamón metro area&quot;},{&quot;label&quot;:&quot;Education level (tertiary)&quot;,&quot;value&quot;:&quot;25.0&quot;,&quot;description&quot;:&quot;Percentage of population aged 25+ with bachelor&#39;s degree or higher in Bayamón&quot;}],&quot;Economic Indicators&quot;:[{&quot;label&quot;:&quot;Median household income&quot;,&quot;value&quot;:&quot;$30,729 USD&quot;,&quot;description&quot;:&quot;Median annual household income in Bayamón Municipio, 2023 data&quot;},{&quot;label&quot;:&quot;Unemployment rate&quot;,&quot;value&quot;:&quot;5.47&quot;,&quot;description&quot;:&quot;Unemployment rate for Puerto Rico, 2024&quot;},{&quot;label&quot;:&quot;Cost of living index&quot;,&quot;value&quot;:&quot;139 Index points&quot;,&quot;description&quot;:&quot;Consumer Price Index for Puerto Rico, base 1982-84=100, 2024&quot;}],&quot;Consumer Spending&quot;:[{&quot;label&quot;:&quot;Retail spending per capita&quot;,&quot;value&quot;:&quot;$2,500 USD per year&quot;,&quot;description&quot;:&quot;Estimated annual retail spending per person in Puerto Rico, derived from total consumer spending&quot;},{&quot;label&quot;:&quot;Spending on apparel&quot;,&quot;value&quot;:&quot;$400 USD per capita per year&quot;,&quot;description&quot;:&quot;Estimated annual per capita spending on clothing and apparel in Puerto Rico&quot;},{&quot;label&quot;:&quot;Spending on groceries&quot;,&quot;value&quot;:&quot;$3,200 USD per capita per year&quot;,&quot;description&quot;:&quot;Estimated annual per capita spending on food and groceries in Puerto Rico&quot;},{&quot;label&quot;:&quot;Spending on electronics&quot;,&quot;value&quot;:&quot;$300 USD per capita per year&quot;,&quot;description&quot;:&quot;Estimated annual per capita spending on electronics in Puerto Rico&quot;}],&quot;Mall Traffic \u0026 Performance&quot;:[{&quot;label&quot;:&quot;Annual foot traffic&quot;,&quot;value&quot;:&quot;1,500,000 Visitors&quot;,&quot;description&quot;:&quot;Estimated annual visitors for a mid-sized regional mall like Plaza Rio Hondo&quot;},{&quot;label&quot;:&quot;Dwell time&quot;,&quot;value&quot;:&quot;90 Minutes&quot;,&quot;description&quot;:&quot;Average time shoppers 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 making a purchase, typical for regional malls&quot;},{&quot;label&quot;:&quot;Sales per square meter&quot;,&quot;value&quot;:&quot;$1,200 USD per sqm per year&quot;,&quot;description&quot;:&quot;Estimated annual sales productivity, adjusted for Puerto Rico market&quot;}],&quot;Competition \u0026 Tenant Mix&quot;:[{&quot;label&quot;:&quot;Number of retail stores&quot;,&quot;value&quot;:&quot;90 Stores&quot;,&quot;description&quot;:&quot;Total number of stores and services in the mall&quot;},{&quot;label&quot;:&quot;Anchor tenant presence&quot;,&quot;value&quot;:&quot;Yes Boolean&quot;,&quot;description&quot;:&quot;Presence of major anchors like Best Buy, TJ Maxx, Marshalls&quot;},{&quot;label&quot;:&quot;Competitor density (same category)&quot;,&quot;value&quot;:&quot;Medium Qualitative&quot;,&quot;description&quot;:&quot;Density of similar malls in Bayamón/San Juan area&quot;},{&quot;label&quot;:&quot;Tenant diversity&quot;,&quot;value&quot;:&quot;High Qualitative&quot;,&quot;description&quot;:&quot;Diverse mix including fashion, electronics, dining, and entertainment&quot;},{&quot;label&quot;:&quot;Unique Concepts&quot;,&quot;value&quot;:&quot;Caribbean Cinemas&quot;,&quot;description&quot;:&quot;Unique entertainment anchor providing cinema experience&quot;}],&quot;Real Estate \u0026 Leasing&quot;:[{&quot;label&quot;:&quot;Gross Leasable Area&quot;,&quot;value&quot;:&quot;51,551 sqm&quot;,&quot;description&quot;:&quot;Estimated total leasable retail space based on store counts and similar malls&quot;},{&quot;label&quot;:&quot;Number of Levels&quot;,&quot;value&quot;:&quot;2 Levels&quot;,&quot;description&quot;:&quot;Number of shopping levels in the mall&quot;},{&quot;label&quot;:&quot;Average rent per square meter&quot;,&quot;value&quot;:&quot;$150 USD per sqm per month&quot;,&quot;description&quot;:&quot;Estimated average monthly rent, converted from sq ft rates in Puerto Rico&quot;},{&quot;label&quot;:&quot;Vacancy rate&quot;,&quot;value&quot;:&quot;8.0&quot;,&quot;description&quot;:&quot;Estimated vacancy rate, aligned with Puerto Rico mall average of around 9% in recent years&quot;},{&quot;label&quot;:&quot;Lease term flexibility&quot;,&quot;value&quot;:&quot;Medium Qualitative&quot;,&quot;description&quot;:&quot;Standard 5-10 year leases with some flexibility for smaller tenants&quot;},{&quot;label&quot;:&quot;Available retail space&quot;,&quot;value&quot;:&quot;929&quot;,&quot;description&quot;:&quot;Estimated current available space based on lease plans&quot;}],&quot;Accessibility \u0026 Infrastructure&quot;:[{&quot;label&quot;:&quot;Proximity to main roads&quot;,&quot;value&quot;:&quot;Direct Qualitative&quot;,&quot;description&quot;:&quot;Located directly off PR-2 highway for easy access&quot;},{&quot;label&quot;:&quot;Public transport access&quot;,&quot;value&quot;:&quot;Good Qualitative&quot;,&quot;description&quot;:&quot;Served by AMA bus routes in Bayamón area&quot;},{&quot;label&quot;:&quot;Parking spaces&quot;,&quot;value&quot;:&quot;1,200 Spaces&quot;,&quot;description&quot;:&quot;Estimated parking capacity for mall visitors&quot;},{&quot;label&quot;:&quot;Pedestrian traffic&quot;,&quot;value&quot;:&quot;Moderate Qualitative&quot;,&quot;description&quot;:&quot;Foot traffic from nearby residential areas&quot;}],&quot;Digital \u0026 E-commerce Trends&quot;:[{&quot;label&quot;:&quot;E-commerce competition&quot;,&quot;value&quot;:&quot;High Qualitative&quot;,&quot;description&quot;:&quot;Growing online retail penetration in Puerto Rico at 15-20% of total sales&quot;},{&quot;label&quot;:&quot;Click-and-collect adoption&quot;,&quot;value&quot;:&quot;30.0&quot;,&quot;description&quot;:&quot;Estimated percentage of sales via click-and-collect services&quot;},{&quot;label&quot;:&quot;Internet penetration&quot;,&quot;value&quot;:&quot;85.0&quot;,&quot;description&quot;:&quot;Percentage of households with internet access in Puerto Rico&quot;}],&quot;Safety \u0026 Security&quot;:[{&quot;label&quot;:&quot;Retail crime rate&quot;,&quot;value&quot;:&quot;Low Qualitative&quot;,&quot;description&quot;:&quot;Lower than urban average, with standard security&quot;},{&quot;label&quot;:&quot;Security measures&quot;,&quot;value&quot;:&quot;CCTV and guards&quot;,&quot;description&quot;:&quot;Presence of surveillance cameras and on-site security personnel&quot;}],&quot;Marketing \u0026 Events&quot;:[{&quot;label&quot;:&quot;Promotional events&quot;,&quot;value&quot;:&quot;Quarterly Frequency&quot;,&quot;description&quot;:&quot;Regular sales events and holiday promotions&quot;},{&quot;label&quot;:&quot;Loyalty program penetration&quot;,&quot;value&quot;:&quot;20.0&quot;,&quot;description&quot;:&quot;Estimated participation in mall or tenant loyalty programs&quot;},{&quot;label&quot;:&quot;Digital signage presence&quot;,&quot;value&quot;:&quot;Yes Boolean&quot;,&quot;description&quot;:&quot;Digital displays for advertising throughout the mall&quot;}],&quot;Growth Potential&quot;:[{&quot;label&quot;:&quot;Projected foot traffic growth&quot;,&quot;value&quot;:&quot;3.0&quot;,&quot;description&quot;:&quot;Expected growth aligned with Puerto Rico retail recovery post-2023&quot;},{&quot;label&quot;:&quot;New tenant pipeline&quot;,&quot;value&quot;:&quot;5 Tenants&quot;,&quot;description&quot;:&quot;Planned new stores to fill vacancies and refresh mix&quot;},{&quot;label&quot;:&quot;Mall expansion plans&quot;,&quot;value&quot;:&quot;nan&quot;,&quot;description&quot;:&quot;No major expansions announced, focus on optimization&quot;}]}" data-map-mapbox-token-value="pk.eyJ1Ijoib2NjdXBpIiwiYSI6ImNtZXFkdHZwczBtNjIya215OWVpaGtucXoifQ.xiNo8HmyyKim2YrJ3LdqdQ" data-map-nearby-malls-value="{&quot;primary&quot;:[{&quot;id&quot;:8759,&quot;slug&quot;:&quot;plaza-del-parque-2&quot;,&quot;name&quot;:&quot;Plaza Del Parque&quot;,&quot;lat&quot;:&quot;18.40738&quot;,&quot;lng&quot;:&quot;-66.1628&quot;,&quot;property_type&quot;:&quot;Convenience&quot;,&quot;description&quot;:&quot;Plaza del Parque is an open-air shopping center located at 1500 Avenida Comerio in Bayamon, Puerto Rico, a city with a population of approximately 185,000 residents and part of the San Juan metropolitan area. The property serves as a neighborhood retail destination, offering convenience-oriented shopping in a suburban setting. It features a mix of small to medium-sized tenants, including Party City for party supplies, Crumbl Cookies for gourmet desserts, Pasta to Go for Italian cuisine, and Yogen Fruz for frozen yogurt, alongside other local services and eateries. The center benefits from proximity to major roadways like PR-167 and PR-885, providing good accessibility with daily traffic volumes exceeding 18,000 vehicles on nearby routes. Bayamon&#39;s demographic profile includes a median household income of around $25,000, a median age of 42, and a diverse population with strong family-oriented households, supporting steady local demand for everyday retail. Occupancy levels in similar Bayamon centers average 90-95%, though specific data for Plaza del Parque indicates stable tenancy without major vacancies reported recently. Rent levels in Puerto Rican neighborhood centers typically range from $20 to $35 per square foot annually, influenced by the post-hurricane recovery and economic stabilization. Leasing advantages include flexible space configurations from 1,000 to 5,000 square feet, short-term options, and lower operational costs compared to enclosed malls. However, the property faces challenges from nearby larger competitors like Plaza del Sol, a 728,000-square-foot regional mall with 96% occupancy and anchors such as Walmart and H\u0026M, which draw regional footfall. Puerto Rico&#39;s retail market saw a 5% year-over-year sales increase in 2023, driven by tourism rebound and consumer spending, but saturation in convenience categories poses risks. Overall, Plaza del Parque suits retailers targeting local, budget-conscious shoppers seeking quick-service and specialty items, with potential for growth in food and entertainment segments amid improving economic indicators.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Bayamón&quot;},&quot;anchor_tenants&quot;:&quot;Wendy&#39;s, First Bank, T-Mobile&quot;,&quot;distance&quot;:1.75,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;25&quot;,&quot;gla_sqm&quot;:&quot;743&quot;,&quot;anchor_tenants&quot;:&quot;Wendy&#39;s, First Bank, T-Mobile&quot;}},{&quot;id&quot;:8752,&quot;slug&quot;:&quot;plaza-del-sol-7&quot;,&quot;name&quot;:&quot;Plaza Del Sol&quot;,&quot;lat&quot;:&quot;18.4061&quot;,&quot;lng&quot;:&quot;-66.1636&quot;,&quot;property_type&quot;:&quot;Regional&quot;,&quot;description&quot;:&quot;Plaza del Sol is a 728,546 square foot regional mall in Bayamón, Puerto Rico, part of the San Juan metro area. Opened in 1998 and owned by Curzon Puerto Rico since 2023, it spans two levels with over 150 stores, anchored by Walmart, The Home Depot, H\u0026M, Burlington, Dave and Buster&#39;s, and a 14-screen Caribbean Cinemas. Tenant mix balances big-box retailers, fashion outlets like Old Navy, entertainment, and dining in the upstairs food court. Historical data shows 1 million monthly visitors and strong sales performance, with food court at $1,074 per sq ft in 2003. Current occupancy stands at approximately 96%, supported by recent tenant changes including Burlington opening in 2024 after Bed Bath and Beyond closure. Located on PR-29 West Main Avenue, it offers good accessibility via highways to a trade area of 500,000+ residents within 10 miles, featuring middle-income families (median household income around $25,000) and a diverse Hispanic demographic. Leasing advantages include competitive rents of $24-50 per sq ft annually, high footfall from local shoppers, and strategic positioning as a community hub. However, market challenges encompass competition from larger venues like Plaza Las Américas, Puerto Ricos economic recovery post-Hurricane Maria, potential infrastructure aging despite 2011 renovations, and retail category saturation in apparel and home goods.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Bayamón&quot;},&quot;anchor_tenants&quot;:&quot;Walmart, Home Depot, Caribbean Cinemas, H\u0026M, Burlington, Dave \u0026 Buster&#39;s&quot;,&quot;distance&quot;:1.9,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;85&quot;,&quot;gla_sqm&quot;:&quot;67684&quot;,&quot;anchor_tenants&quot;:&quot;Walmart, Home Depot, Caribbean Cinemas, H\u0026M, Burlington, Dave \u0026 Buster&#39;s&quot;}},{&quot;id&quot;:8764,&quot;slug&quot;:&quot;centro-comercial-los-filtros&quot;,&quot;name&quot;:&quot;Centro Comercial Los Filtros&quot;,&quot;lat&quot;:&quot;18.38405&quot;,&quot;lng&quot;:&quot;-66.14086&quot;,&quot;property_type&quot;:&quot;Neighborhood&quot;,&quot;description&quot;:&quot;Centro Comercial Los Filtros is a neighborhood shopping center located at PR-177 KM 2.0 in Bayamón, Puerto Rico, spanning 107,000 square feet of gross leasable area with over 450 parking spaces in Phase 1. Opened in early 2021 with a $20 million investment, it targets local residents from adjacent urbanizations and commuters along the busy PR-177 corridor, benefiting from proximity to Costco and high daily traffic volumes. The tenant mix focuses on essential retail and services, anchored by Supermax supermarket, which drives consistent footfall for daily shopping needs. Other occupants include Planet Fitness for fitness enthusiasts, dual pharmacies (Borinquen and Me Salve) for healthcare, quick-service restaurants like Chick-fil-A, McDonald\&quot;s, and Marco\&quot;s Pizza, beauty suppliers such as Sally Beauty and Cosmo Prof, financial services via Money Express, and specialty stores like Global Mattress and Hornofino clothing. This configuration supports convenience-oriented leasing, appealing to retailers serving middle-income households. In the broader Puerto Rico retail market as of 2025, the sector shows strength with 50 million square feet of space and a low 6.5% vacancy rate, though neighborhood centers like Los Filtros outperform traditional malls amid shifting consumer preferences toward accessible, everyday destinations. Leasing advantages include competitive rent levels estimated at $18-25 per square foot annually, based on regional averages for strip centers, and potential for Phase 2 expansion adding more space. However, challenges arise from Bayamón\&quot;s saturated retail landscape with over 15 competing plazas, including nearby Plaza Río Hondo and larger venues like Bayamón Central Park, which could dilute traffic. Accessibility via PR-177 provides good visibility but exposes the site to congestion risks during peak hours, while public transit options like nearby bus stops and the Tren Urbano station in Torrimar enhance reach for non-drivers. Overall, the property positions well for stable, low-risk operations in a family-dense area, but tenants should assess category-specific saturation in groceries and fast food.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Bayamón&quot;},&quot;anchor_tenants&quot;:&quot;Super Max; Planet Fitness; Chick-fil-A; McDonald&#39;s&quot;,&quot;distance&quot;:4.85,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;60&quot;,&quot;gla_sqm&quot;:&quot;9943&quot;,&quot;anchor_tenants&quot;:&quot;Super Max; Planet Fitness; Chick-fil-A; McDonald&#39;s&quot;}},{&quot;id&quot;:8886,&quot;slug&quot;:&quot;centro-comercial-plaza-del-parque&quot;,&quot;name&quot;:&quot;Centro Comercial Plaza Del Parque&quot;,&quot;lat&quot;:&quot;18.4072&quot;,&quot;lng&quot;:&quot;-66.1628&quot;,&quot;property_type&quot;:&quot;Shopping Centre&quot;,&quot;description&quot;:&quot;Centro Comercial Plaza del Parque is an open-air shopping center located in Bayamón, Puerto Rico, at approximately Carr. #2 Km 15.5, Bo. Hato Tejas, and 1500 Avenida Comerío. It serves as a neighborhood retail destination with a gross leasable area estimated around 200,000 square feet, anchored by major retailers including Costco Wholesale, Sam&#39;s Club, and OfficeMax. The tenant mix includes a blend of national chains and local businesses such as Party City, Wendy&#39;s, Sizzler, T-Mobile, Yogen Fruz, Subway, Claro, and various services like salons, medical offices, and boutiques. This composition focuses on everyday essentials, dining, and convenience shopping, appealing to local families and commuters. Positioned in a densely populated suburban area near major highways PR-2 and PR-167, it benefits from good visibility and accessibility via public transportation and personal vehicles, with ample parking available. Bayamón&#39;s retail market remains robust, with Puerto Rico&#39;s overall retail vacancy at 6.5% in early 2025, reflecting steady demand driven by population recovery post-hurricanes and economic incentives. Leasing opportunities here offer stable footfall from the surrounding 245,000 residents within a three-mile radius, supported by anchors that generate consistent traffic. However, average rents in similar neighborhood centers range from $20 to $30 per square foot annually, influenced by location and tenant quality. Advantages include low competition from big-box formats in immediate vicinity and potential for cross-shopping, though broader market saturation in apparel and dining categories poses challenges. Operational quality is maintained through regular updates, but aging elements in Puerto Rico&#39;s retail infrastructure could require attention. Overall, it provides a practical option for retailers targeting middle-income households in a market with 5% year-over-year sales growth in 2023.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Bayamón&quot;},&quot;anchor_tenants&quot;:&quot;Sam&#39;s Club, Office Depot&quot;,&quot;distance&quot;:1.77,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;25&quot;,&quot;gla_sqm&quot;:&quot;15000&quot;,&quot;anchor_tenants&quot;:&quot;Sam&#39;s Club, Office Depot&quot;}},{&quot;id&quot;:8761,&quot;slug&quot;:&quot;plaza-rio-hondo&quot;,&quot;name&quot;:&quot;Plaza Río Hondo&quot;,&quot;lat&quot;:&quot;18.4224&quot;,&quot;lng&quot;:&quot;-66.1629&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Plaza Río Hondo is a regional shopping center in Bayamón, Puerto Rico, operational since 1982 and spanning approximately 555,000 square feet of gross leasable area. Managed by Curzon Puerto Rico, it serves as a key retail hub for Bayamón and adjacent municipalities, drawing from a metropolitan area population exceeding 2 million within the San Juan metro. The property features over 90 tenants, including anchors such as Marshalls Megastore (55,000 sq ft), T.J. Maxx, Best Buy, Pueblo Supermarkets, Caribbean Cinemas, Walgreens, PetSmart, and restaurants like Chili\&quot;s and Golden Corral. Tenant mix emphasizes apparel, electronics, home goods, beauty, jewelry, pet supplies, medical services, and a food court with diverse options. Located at 60 Avenida Río Hondo off PR-22 highway, it offers strong accessibility with ample parking for over 3,000 vehicles. In the broader Puerto Rico retail market, which totals 50 million sq ft with a 6.5% vacancy rate as of mid-2025, Plaza Río Hondo maintains solid occupancy around 90-95%, supported by base rents averaging $20-25 per sq ft annually, competitive for suburban locations. Leasing advantages include proximity to high-traffic corridors, stable anchor-driven footfall estimated at 5-7 million annual visitors, and opportunities for inline spaces in growing categories like health and quick-service dining. However, post-Hurricane Maria recovery has led to some tenant turnover, with challenges from economic pressures and competition from larger San Juan malls. The center\&quot;s 1990s river-themed renovation enhances appeal, but aging elements may require updates. Overall, it positions retailers for middle-market capture in a recovering economy, balancing convenience with community-oriented traffic.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Bayamón&quot;},&quot;anchor_tenants&quot;:&quot;Marshalls Megastore, Caribbean Cinemas, TJ Maxx, Best Buy, Golden Corral, Pueblo Supermarkets, Chili&#39;s Grill \u0026 Bar, Walgreens, PetSmart&quot;,&quot;distance&quot;:0.18,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;90&quot;,&quot;gla_sqm&quot;:&quot;32516&quot;,&quot;anchor_tenants&quot;:&quot;Marshalls Megastore, Caribbean Cinemas, TJ Maxx, Best Buy, Golden Corral, Pueblo Supermarkets, Chili&#39;s Grill \u0026 Bar, Walgreens, PetSmart&quot;}},{&quot;id&quot;:8889,&quot;slug&quot;:&quot;centro-comercial-plaza-del-sol-norte&quot;,&quot;name&quot;:&quot;Centro Comercial Plaza Del Sol Norte&quot;,&quot;lat&quot;:&quot;18.4061&quot;,&quot;lng&quot;:&quot;-66.163&quot;,&quot;property_type&quot;:&quot;Regional&quot;,&quot;description&quot;:&quot;Centro Comercial Plaza Del Sol Norte, located in Bayamón, Puerto Rico, is a regional shopping center spanning approximately 728,000 square feet, established in 1998. Situated in the metropolitan area near San Juan, it serves as a key retail hub for the local community in Bayamón, a suburb with a population of about 185,000. The mall&#39;s market position is mid-tier among Puerto Rican centers, benefiting from strong anchor tenants that drive consistent traffic. Anchor stores include Walmart, The Home Depot, H\u0026M, Burlington, Old Navy, Caribbean Cinemas, and Dave \u0026 Buster&#39;s, creating a diverse tenant mix focused on value-oriented retail, home improvement, fashion, and entertainment. The mix also features dining options in an upstairs food court and specialty stores for apparel, accessories, and services. Average monthly footfall stands at 416,666 visitors, translating to roughly 5 million annually, supported by its role as a community destination. Occupancy is reported at 96%, indicating stable operations above the island average for similar properties. Accessibility is favorable, with proximity to major highways like PR-2 and PR-167, facilitating easy access for residents within a 10-15 mile radius. Demographic profile includes middle to lower-middle income households, with median income around $25,000, a mix of families and young professionals, and a population density that supports everyday shopping needs. Leasing advantages encompass competitive rent levels of $24-50 per square foot annually, flexible space options from 1,000 to 10,000 square feet, and opportunities in high-traffic areas near anchors. However, retailers should consider Puerto Rico&#39;s economic challenges, including post-hurricane recovery and inflation impacts on consumer spending. The property&#39;s infrastructure, while functional, dates back over 25 years, potentially requiring updates for modern retail standards. Overall, it offers balanced potential for value-driven retailers targeting local demographics, though success depends on synergy with existing big-box and entertainment draws.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Bayamón&quot;},&quot;anchor_tenants&quot;:&quot;Caribbean Cinemas, Walmart, Burlington, H\u0026M, Dave \u0026 Buster&#39;s, The Home Depot&quot;,&quot;distance&quot;:1.89,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;130&quot;,&quot;gla_sqm&quot;:&quot;67684&quot;,&quot;anchor_tenants&quot;:&quot;Caribbean Cinemas, Walmart, Burlington, H\u0026M, Dave \u0026 Buster&#39;s, The Home Depot&quot;}},{&quot;id&quot;:8868,&quot;slug&quot;:&quot;centro-comercial-plaza-del-recreo&quot;,&quot;name&quot;:&quot;Centro Comercial Plaza Del Recreo&quot;,&quot;lat&quot;:&quot;18.4&quot;,&quot;lng&quot;:&quot;-66.15&quot;,&quot;property_type&quot;:&quot;Neighborhood&quot;,&quot;description&quot;:&quot;Centro Comercial Plaza del Recreo is situated in the central Bayamón Pueblo district of Bayamón, Puerto Rico, serving as a lively public square enveloped by small-scale commercial spaces such as cafes, artisan stalls, and boutique shops. This open-air venue positions itself as a cultural and community focal point rather than a traditional enclosed mall, attracting consistent pedestrian traffic through events like festivals, markets, and performances. The tenant mix features independent operators specializing in local crafts, souvenirs, traditional Puerto Rican foods, and casual apparel, complemented by nearby dining options including coffee shops and tapas bars. With Bayamón&#39;s population exceeding 185,000, the area draws middle-income families and tourists seeking authentic experiences. Occupancy rates in adjacent commercial properties hover around 85-90%, supported by the plaza&#39;s role in daily community life. Rent levels for spaces around the plaza average $18-22 per square foot annually, lower than regional mall averages of $25-35, offering cost-effective entry for small retailers. Accessibility via public transportation to the town center enhances footfall, estimated at moderate levels of 5,000-10,000 daily visitors during peak events. Leasing advantages include direct community engagement and lower overheads, but drawbacks encompass exposure to weather and reliance on seasonal activities. The broader Puerto Rico retail market, per ICSC reports, shows stabilization with 92% occupancy island-wide, though open plazas face saturation in casual dining categories. Proximity to major roads and landmarks like the Bayamón City Hall bolsters visibility, while aging infrastructure in surrounding buildings poses minor maintenance risks.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Bayamón&quot;},&quot;anchor_tenants&quot;:&quot;Supermarket, Local Retailers&quot;,&quot;distance&quot;:2.83,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;40&quot;,&quot;gla_sqm&quot;:&quot;12000&quot;,&quot;anchor_tenants&quot;:&quot;Supermarket, Local Retailers&quot;}}],&quot;secondary&quot;:[],&quot;outside&quot;:[]}" data-map-update-url-value="/malls/centro-comercial-plaza-rio-hondo" id="mall-map-wrapper"><div data-city="Bayamón" data-current-mall="true" data-id="centro-comercial-plaza-rio-hondo" data-lat="18.423056" data-lng="-66.161389" data-map-target="mall" data-name="Centro Comercial Plaza Rio Hondo" 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">10 km radius km</div><div class="stat-label">Primary Catchment Area</div></div><div class="stat-card"><div class="stat-value">30 km radius km</div><div class="stat-label">Secondary Catchment Area</div></div><div class="stat-card"><div class="stat-value">500,000 People</div><div class="stat-label">Catchment area population</div></div><div class="stat-card"><div class="stat-value">-0.5</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">$30,729 USD</div><div class="stat-label">Median household income</div></div><div class="stat-card"><div class="stat-value">5.47</div><div class="stat-label">Unemployment rate</div></div><div class="stat-card"><div class="stat-value">139 Index points</div><div class="stat-label">Cost of living index</div></div></div></div><div class="stats-category"><h5>Consumer Spending</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">$2,500 USD per year</div><div class="stat-label">Retail spending per capita</div></div><div class="stat-card"><div class="stat-value">$400 USD per capita per year</div><div class="stat-label">Spending on apparel</div></div><div class="stat-card"><div class="stat-value">$3,200 USD per capita per year</div><div class="stat-label">Spending on groceries</div></div><div class="stat-card"><div class="stat-value">$300 USD per capita per year</div><div class="stat-label">Spending on electronics</div></div></div></div><div class="stats-category"><h5>Mall Traffic &amp; Performance</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">1,500,000 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">$1,200 USD per sqm per year</div><div class="stat-label">Sales per square meter</div></div></div></div><div class="stats-category"><h5>Competition &amp; Tenant Mix</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">90 Stores</div><div class="stat-label">Number of retail stores</div></div><div class="stat-card"><div class="stat-value">Yes Boolean</div><div class="stat-label">Anchor tenant presence</div></div><div class="stat-card"><div class="stat-value">Medium Qualitative</div><div class="stat-label">Competitor density (same category)</div></div><div class="stat-card"><div class="stat-value">High Qualitative</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">51,551 sqm</div><div class="stat-label">Gross Leasable Area</div></div><div class="stat-card"><div class="stat-value">2 Levels</div><div class="stat-label">Number of Levels</div></div><div class="stat-card"><div class="stat-value">$150 USD per sqm per 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">Direct Qualitative</div><div class="stat-label">Proximity to main roads</div></div><div class="stat-card"><div class="stat-value">Good Qualitative</div><div class="stat-label">Public transport access</div></div><div class="stat-card"><div class="stat-value">1,200 Spaces</div><div class="stat-label">Parking spaces</div></div><div class="stat-card"><div class="stat-value">Moderate Qualitative</div><div class="stat-label">Pedestrian traffic</div></div></div></div><div class="stats-category"><h5>Digital &amp; E-commerce Trends</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">High Qualitative</div><div class="stat-label">E-commerce competition</div></div><div class="stat-card"><div class="stat-value">30.0</div><div class="stat-label">Click-and-collect adoption</div></div><div class="stat-card"><div class="stat-value">85.0</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">Low Qualitative</div><div class="stat-label">Retail crime rate</div></div><div class="stat-card"><div class="stat-value">CCTV and guards</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">Quarterly Frequency</div><div class="stat-label">Promotional events</div></div><div class="stat-card"><div class="stat-value">20.0</div><div class="stat-label">Loyalty program penetration</div></div><div class="stat-card"><div class="stat-value">Yes Boolean</div><div class="stat-label">Digital signage presence</div></div></div></div><div class="stats-category"><h5>Growth Potential</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">3.0</div><div class="stat-label">Projected foot traffic growth</div></div><div class="stat-card"><div class="stat-value">5 Tenants</div><div class="stat-label">New tenant pipeline</div></div><div class="stat-card"><div class="stat-value">nan</div><div class="stat-label">Mall expansion plans</div></div></div></div></div></div></div></template></turbo-stream>