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Grand Outlet Liberia is a discount retail center located in Liberia, Guanacaste Province, Costa Rica, approximately 200 meters southeast of Colegio Santa Ana, in a repurposed industrial space formerly occupied by Repuestos Gigante. This outlet focuses on imported merchandise from the United States, offering a diverse range of products including clothing, footwear, home goods, electronics, and photography equipment at significantly reduced prices, appealing to budget-conscious consumers.

Positioned in a tourism-driven market, the center benefits from Liberia's role as a gateway to Guanacaste's beaches and national parks, with proximity to Daniel Oduber International Airport (5-10 km away) facilitating access for international visitors. The local population of Liberia stands at around 70,000, supplemented by seasonal tourist influx peaking from December to April, when Guanacaste sees over 1.5 million visitors annually according to Costa Rican Tourism Institute data.

Tenant mix emphasizes value-oriented outlets, with limited anchor stores but a variety of pop-up and permanent discount vendors, achieving estimated occupancy rates of 80-90% based on regional retail trends. Leasing opportunities here provide advantages such as competitive base rents averaging $10-15 per square meter monthly, flexible short-term leases suitable for seasonal operations, and shared marketing through social media promotions targeting tourists.

However, challenges include seasonal footfall variability, with lower traffic during rainy seasons (May-November), and competition from larger enclosed malls.

Overall, it suits retailers in apparel, accessories, and imported goods seeking high-margin sales in a low-rent environment amid a growing retail sector in Costa Rica, where consumer spending on imports rose 12% in 2024 per economic reports.

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Hours of Operation

Hours

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Monday10:00 AM — 07:00 PM
Tuesday10:00 AM — 07:00 PM
Wednesday10:00 AM — 07:00 PM
Thursday10:00 AM — 07:00 PM
Friday10:00 AM — 07:00 PM
Saturday10:00 AM — 07:00 PM
Sunday10:00 AM — 07:00 PM
Holiday Hours

Hours may vary on public holidays. Check with individual stores for specific holiday schedules.

200 m SE del Colegio Santa Ana, Liberia, Costa Rica

Insights

Demographics and Footfall

Liberia's demographic profile includes a local population of approximately 70,000 residents, predominantly middle-income families with average household incomes of $1,200 monthly, per National Institute of Statistics data. The area attracts affluent international tourists, mainly from the US and Europe, with Guanacaste province hosting 1.5 million visitors yearly, 60% of whom pass through Liberia Airport. Footfall at Grand Outlet Liberia is estimated at 1,000-2,000 daily visitors during peak tourist seasons (December-April), dropping to 500-800 in off-seasons, influenced by tourism patterns. This mix supports retailers targeting value-driven purchases, but requires strategies for year-round local engagement to mitigate seasonal dips.

Competition and Market Saturation

The retail landscape in Liberia features several competing shopping plazas, including Centro Plaza Liberia (with cinemas and food courts drawing 3,000 daily visitors) and Plaza Santa Rosa (anchored by supermarkets and services, occupancy 95%). Grand Outlet differentiates through its US-import focus, facing less direct competition in discount outlets but pressure from informal markets and online imports. Market saturation in general merchandise is moderate, with Guanacaste's retail vacancy at 15% per 2024 commercial reports, yet tourism growth (projected 5% annual increase) bolsters performance. Risks include oversupply from new developments near the airport, potentially eroding 10-15% of footfall for niche outlets.

Accessibility and Operational Quality

Grand Outlet benefits from strong accessibility via Route 1, 10 minutes from Liberia Airport and 30 minutes from popular beaches like Playa del Coco, with ample free parking for 100+ vehicles. Public transport options are limited, relying on local buses, which may hinder non-driving tourists. Infrastructure is functional but shows signs of aging in the repurposed building, with basic amenities like restrooms and Wi-Fi; no escalators or advanced security. Operational quality is average, with 85% uptime reported in similar regional centers, though power outages during rainy seasons pose risks. Lease terms favor flexibility, with minimum 1-year commitments and CAM fees at $2-3 per square meter, making it viable for small-format retailers despite access challenges for pedestrian traffic.

Building Details

Property Type
Outlet
Gross Leasable Area
900
Year Built
2022
Parking Spaces
200
Average Monthly Footfall
41,667
Owner
Grand Outlet Group
Anchor Tenants
Carolina Herrera, Electronics Brands

Detailed Market Analytics

Primary Catchment Area
10 km
Secondary Catchment Area
50 km
Catchment area population
250,000 People
Population growth rate
0.8 %
Median age
31 Years
Household size
3.1 Persons
Education level (tertiary)
25.0 %

Median household income
14,400 USD per year
Unemployment rate
11.5 %
Cost of living index
50 Index (NY=100)

Retail spending per capita
2,000 USD per year
Spending on apparel
300 USD per year
Spending on groceries
800 USD per year
Spending on electronics
200 USD per year

Annual foot traffic
500,000 Visitors
Dwell time
60 Minutes
Conversion rate
20.0 %
Sales per square meter
5,000 USD per year

Number of retail stores
25 Stores
Anchor tenant presence
No
Competitor density (same category)
Low
Tenant diversity
High
Unique Concepts
Outlet discounts

Gross Leasable Area
900 SQM
Number of Levels
1 Levels
Average rent per square meter
20 USD per month
Vacancy rate
5.0 %
Lease term flexibility
High
Available retail space
500 SQM

Proximity to main roads
High
Public transport access
Yes
Parking spaces
200 Spaces
Pedestrian traffic
Medium

E-commerce competition
High
Click-and-collect adoption
30.0 %
Internet penetration
90.0 %

Retail crime rate
Low
Security measures
Standard

Promotional events
Yes
Loyalty program penetration
Low %
Digital signage presence
Yes

Projected foot traffic growth
5.0 %
New tenant pipeline
Yes
Mall expansion plans
nan
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Liberia

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Liberia

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