<turbo-stream action="replace" target="mall-map-wrapper"><template><div data-controller="map" data-lat="10.4301532" data-lng="-75.5464571" data-map-catchment-data-value="{&quot;lat&quot;:&quot;10.4301532&quot;,&quot;lng&quot;:&quot;-75.5464571&quot;,&quot;primary_radius&quot;:5.0,&quot;secondary_radius&quot;:15.0,&quot;population&quot;:1200000}" data-map-demographic-summary-value="{&quot;Mall Demographics&quot;:[{&quot;label&quot;:&quot;Primary Catchment Area&quot;,&quot;value&quot;:&quot;5 Square Kilometers&quot;,&quot;description&quot;:&quot;Immediate tourist and local area within walking distance in the walled city of Cartagena&quot;},{&quot;label&quot;:&quot;Secondary Catchment Area&quot;,&quot;value&quot;:&quot;20 Square Kilometers&quot;,&quot;description&quot;:&quot;Broader area including Bocagrande and historic center of Cartagena&quot;},{&quot;label&quot;:&quot;Catchment area population&quot;,&quot;value&quot;:&quot;1,200,000 People&quot;,&quot;description&quot;:&quot;Estimated population of Cartagena metro area, plus seasonal tourists&quot;},{&quot;label&quot;:&quot;Population growth rate&quot;,&quot;value&quot;:&quot;1.2&quot;,&quot;description&quot;:&quot;Annual growth rate for Cartagena based on national trends&quot;},{&quot;label&quot;:&quot;Median age&quot;,&quot;value&quot;:&quot;32 Years&quot;,&quot;description&quot;:&quot;Median age in Cartagena, aligned with Colombia&#39;s urban average&quot;},{&quot;label&quot;:&quot;Household size&quot;,&quot;value&quot;:&quot;3.1 People&quot;,&quot;description&quot;:&quot;Average household size in urban Colombia&quot;},{&quot;label&quot;:&quot;Education level (tertiary)&quot;,&quot;value&quot;:&quot;25.0&quot;,&quot;description&quot;:&quot;Percentage of population with tertiary education in Cartagena urban area&quot;}],&quot;Economic Indicators&quot;:[{&quot;label&quot;:&quot;Median household income&quot;,&quot;value&quot;:&quot;1,200 USD per month&quot;,&quot;description&quot;:&quot;Estimated monthly median income in Cartagena, adjusted for tourism economy&quot;},{&quot;label&quot;:&quot;Unemployment rate&quot;,&quot;value&quot;:&quot;10.5&quot;,&quot;description&quot;:&quot;Unemployment rate in Cartagena, similar to national average in 2024&quot;},{&quot;label&quot;:&quot;Cost of living index&quot;,&quot;value&quot;:&quot;85 Index (US=100)&quot;,&quot;description&quot;:&quot;Cost of living in Cartagena relative to US average&quot;}],&quot;Consumer Spending&quot;:[{&quot;label&quot;:&quot;Retail spending per capita&quot;,&quot;value&quot;:&quot;2,100 USD per year&quot;,&quot;description&quot;:&quot;Annual retail spending per capita in Colombia, applicable to urban areas&quot;},{&quot;label&quot;:&quot;Spending on apparel&quot;,&quot;value&quot;:&quot;350 USD per year&quot;,&quot;description&quot;:&quot;Estimated annual per capita spending on apparel in Colombia&quot;},{&quot;label&quot;:&quot;Spending on groceries&quot;,&quot;value&quot;:&quot;600 USD per year&quot;,&quot;description&quot;:&quot;Estimated annual per capita spending on groceries in urban Colombia&quot;},{&quot;label&quot;:&quot;Spending on electronics&quot;,&quot;value&quot;:&quot;250 USD per year&quot;,&quot;description&quot;:&quot;Estimated annual per capita spending on electronics in Colombia&quot;}],&quot;Mall Traffic \u0026 Performance&quot;:[{&quot;label&quot;:&quot;Annual foot traffic&quot;,&quot;value&quot;:&quot;500,000 Visitors&quot;,&quot;description&quot;:&quot;Estimated annual visitors to Las Bóvedas as a popular tourist site&quot;},{&quot;label&quot;:&quot;Dwell time&quot;,&quot;value&quot;:&quot;30 Minutes&quot;,&quot;description&quot;:&quot;Average time spent by visitors exploring the vaults and shops&quot;},{&quot;label&quot;:&quot;Conversion rate&quot;,&quot;value&quot;:&quot;15.0&quot;,&quot;description&quot;:&quot;Estimated percentage of visitors making a purchase (souvenirs)&quot;},{&quot;label&quot;:&quot;Sales per square meter&quot;,&quot;value&quot;:&quot;1,500 USD&quot;,&quot;description&quot;:&quot;Annual sales per sqm estimated for souvenir retail&quot;}],&quot;Competition \u0026 Tenant Mix&quot;:[{&quot;label&quot;:&quot;Number of retail stores&quot;,&quot;value&quot;:&quot;23 Stores&quot;,&quot;description&quot;:&quot;Number of vault shops selling souvenirs and crafts&quot;},{&quot;label&quot;:&quot;Anchor tenant presence&quot;,&quot;value&quot;:&quot;nan&quot;,&quot;description&quot;:&quot;No major anchor tenants; all small independent shops&quot;},{&quot;label&quot;:&quot;Competitor density (same category)&quot;,&quot;value&quot;:&quot;High Qualitative&quot;,&quot;description&quot;:&quot;High density of similar tourist shops in walled city&quot;},{&quot;label&quot;:&quot;Tenant diversity&quot;,&quot;value&quot;:&quot;Low Qualitative&quot;,&quot;description&quot;:&quot;Primarily focused on souvenirs, crafts, and art&quot;},{&quot;label&quot;:&quot;Unique Concepts&quot;,&quot;value&quot;:&quot;Yes&quot;,&quot;description&quot;:&quot;Historic vaults converted to shops, unique tourist experience&quot;}],&quot;Real Estate \u0026 Leasing&quot;:[{&quot;label&quot;:&quot;Gross Leasable Area&quot;,&quot;value&quot;:&quot;1,200 sqm&quot;,&quot;description&quot;:&quot;Estimated total leasable area across 23 vaults&quot;},{&quot;label&quot;:&quot;Number of Levels&quot;,&quot;value&quot;:&quot;1 Levels&quot;,&quot;description&quot;:&quot;Single level structure integrated into city walls&quot;},{&quot;label&quot;:&quot;Average rent per square meter&quot;,&quot;value&quot;:&quot;20 USD per month&quot;,&quot;description&quot;:&quot;Estimated rent for small tourist shops in historic site&quot;},{&quot;label&quot;:&quot;Vacancy rate&quot;,&quot;value&quot;:&quot;5.0&quot;,&quot;description&quot;:&quot;Low vacancy due to high tourist demand&quot;},{&quot;label&quot;:&quot;Lease term flexibility&quot;,&quot;value&quot;:&quot;High Qualitative&quot;,&quot;description&quot;:&quot;Flexible short-term leases for seasonal tourism&quot;},{&quot;label&quot;:&quot;Available retail space&quot;,&quot;value&quot;:&quot;0 Square Meters&quot;,&quot;description&quot;:&quot;Fully occupied based on popularity&quot;}],&quot;Accessibility \u0026 Infrastructure&quot;:[{&quot;label&quot;:&quot;Proximity to main roads&quot;,&quot;value&quot;:&quot;0.5 Kilometers&quot;,&quot;description&quot;:&quot;Close to main entrances of walled city&quot;},{&quot;label&quot;:&quot;Public transport access&quot;,&quot;value&quot;:&quot;High Qualitative&quot;,&quot;description&quot;:&quot;Pedestrian access; near bus stops and taxis&quot;},{&quot;label&quot;:&quot;Parking spaces&quot;,&quot;value&quot;:&quot;Limited&quot;,&quot;description&quot;:&quot;Limited parking in historic center; encourages walking&quot;},{&quot;label&quot;:&quot;Pedestrian traffic&quot;,&quot;value&quot;:&quot;High Qualitative&quot;,&quot;description&quot;:&quot;Heavy foot traffic from tourists in walled city&quot;}],&quot;Digital \u0026 E-commerce Trends&quot;:[{&quot;label&quot;:&quot;E-commerce competition&quot;,&quot;value&quot;:&quot;Medium Qualitative&quot;,&quot;description&quot;:&quot;Competing with online souvenir sales, but site-specific appeal&quot;},{&quot;label&quot;:&quot;Click-and-collect adoption&quot;,&quot;value&quot;:&quot;Low Percent&quot;,&quot;description&quot;:&quot;Minimal adoption as physical tourist experience focused&quot;},{&quot;label&quot;:&quot;Internet penetration&quot;,&quot;value&quot;:&quot;75.0&quot;,&quot;description&quot;:&quot;Internet penetration in Cartagena urban area&quot;}],&quot;Safety \u0026 Security&quot;:[{&quot;label&quot;:&quot;Retail crime rate&quot;,&quot;value&quot;:&quot;Medium Qualitative&quot;,&quot;description&quot;:&quot;Tourist area with pickpocketing risks, but secured&quot;},{&quot;label&quot;:&quot;Security measures&quot;,&quot;value&quot;:&quot;Police presence&quot;,&quot;description&quot;:&quot;Regular police patrols and surveillance in tourist zone&quot;}],&quot;Marketing \u0026 Events&quot;:[{&quot;label&quot;:&quot;Promotional events&quot;,&quot;value&quot;:&quot;Frequent&quot;,&quot;description&quot;:&quot;Tourist festivals and cultural events in Cartagena&quot;},{&quot;label&quot;:&quot;Loyalty program penetration&quot;,&quot;value&quot;:&quot;Low Percent&quot;,&quot;description&quot;:&quot;Limited loyalty programs for small shops&quot;},{&quot;label&quot;:&quot;Digital signage presence&quot;,&quot;value&quot;:&quot;nan&quot;,&quot;description&quot;:&quot;Historic site limits modern digital signage&quot;}],&quot;Growth Potential&quot;:[{&quot;label&quot;:&quot;Projected foot traffic growth&quot;,&quot;value&quot;:&quot;2.0&quot;,&quot;description&quot;:&quot;Annual growth tied to tourism recovery&quot;},{&quot;label&quot;:&quot;New tenant pipeline&quot;,&quot;value&quot;:&quot;Low Qualitative&quot;,&quot;description&quot;:&quot;Limited space for new tenants in historic structure&quot;},{&quot;label&quot;:&quot;Mall expansion plans&quot;,&quot;value&quot;:&quot;nan&quot;,&quot;description&quot;:&quot;Protected historic site, no expansion possible&quot;}]}" data-map-mapbox-token-value="pk.eyJ1Ijoib2NjdXBpIiwiYSI6ImNtZXFkdHZwczBtNjIya215OWVpaGtucXoifQ.xiNo8HmyyKim2YrJ3LdqdQ" data-map-nearby-malls-value="{&quot;primary&quot;:[{&quot;id&quot;:7671,&quot;slug&quot;:&quot;plaza-bocagrande&quot;,&quot;name&quot;:&quot;Plaza Bocagrande&quot;,&quot;lat&quot;:&quot;10.411173&quot;,&quot;lng&quot;:&quot;-75.5512287&quot;,&quot;property_type&quot;:&quot;Shopping Centre&quot;,&quot;description&quot;:&quot;Plaza Bocagrande is a modern mixed-use development in the upscale Bocagrande district of Cartagena, Colombia, featuring a seafront shopping center integrated with the Hyatt Regency hotel and residential towers. Opened in 2014, the commercial area spans approximately 11,900 square meters and includes around 100 shops, 19 restaurants, a multiplex cinema, gym, food court, and play area. Positioned as a premium retail destination, it targets affluent locals and tourists drawn to Bocagrandes cosmopolitan vibe and beach proximity. The tenant mix emphasizes upmarket fashion brands such as Hugo Boss and Tommy Hilfiger, alongside lifestyle and dining options, benefiting from the areas high visibility and modern infrastructure. Leasing advantages include prime location with ocean views enhancing customer appeal, stable tourism-driven footfall, and potential for experiential retail in a growing market where Cartagena sees about 2.5 million visitors annually. However, as a smaller-scale center compared to larger competitors, it faces challenges in achieving broad category diversity and may experience seasonal fluctuations tied to tourism peaks. Market reports indicate Cartagenas retail sector benefits from 1.8% population growth and a demographic skewed toward working-age adults (68% aged 15-64), supporting mid-to-high rent levels in premium zones like Bocagrande, though accessibility could be hindered by peninsula traffic congestion during high season. Overall, it offers balanced opportunities for niche retailers focusing on luxury and leisure, with occupancy likely sustained by the integrated hotel and residential components driving consistent traffic.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Cartagena&quot;},&quot;anchor_tenants&quot;:&quot;Multiplex Cinema, Adidas, Tommy Hilfiger, Gym&quot;,&quot;distance&quot;:2.17,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;100&quot;,&quot;gla_sqm&quot;:&quot;11900&quot;,&quot;anchor_tenants&quot;:&quot;Multiplex Cinema, Adidas, Tommy Hilfiger, Gym&quot;}},{&quot;id&quot;:6765,&quot;slug&quot;:&quot;centro-comercial-caribe-plaza&quot;,&quot;name&quot;:&quot;Centro Comercial Caribe Plaza&quot;,&quot;lat&quot;:&quot;10.414434&quot;,&quot;lng&quot;:&quot;-75.5295239&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Centro Comercial Caribe Plaza, situated at Cl. 29D #22-108 in the Pie de la Popa neighborhood of Cartagena, Colombia, stands as the city\&quot;s largest retail destination with a gross leasable area (GLA) of approximately 65,000 square meters. Developed and opened in 2012 following construction that began in 2007, the mall spans two main levels and houses over 180 stores, providing a comprehensive shopping experience for local residents. Key anchor tenants include the Jumbo supermarket, Homecenter for home improvement and DIY needs, a multiplex cinema with multiple screens, and a casino for entertainment. The tenant mix is balanced and diverse, featuring prominent Colombian chains such as Arturo Calle and Paris for apparel and fashion (about 40% of space), electronics and department stores like Alkosto or Falabella, alongside a vibrant food court offering affordable local Colombian cuisine, international options like Crepes \u0026 Waffles and El Corral, and fast-casual eateries including pizza and sushi outlets (20% food and beverage allocation). Additional attractions encompass Playland amusement area and various services like banking and pharmacies. Positioned in a densely populated residential zone near the Cartagena port, it primarily serves middle to lower-middle class demographics, with Cartagena\&quot;s overall population exceeding 1 million and a growing urban middle class comprising around 60%. Accessibility is facilitated by extensive public bus routes and taxi services, though the location in a perceived higher-risk urban area may pose challenges for tourist influx. In the Cartagena retail market, characterized by tourism-driven growth but local economic reliance on port activities and services, the mall maintains high occupancy rates estimated at 95%, reflecting robust local demand. Rent levels are competitive, ranging from 25 to 35 USD per square meter per month, appealing for retailers seeking value in high-traffic local settings. Strengths include steady footfall from everyday shoppers, cross-category synergies boosting sales, and operational quality with modern layout and parking for over 1,500 vehicles. Potential drawbacks encompass competition from tourist-centric malls like Las Bóvedas and Plaza Bocagrande in the safer Bocagrande district, security concerns elevating operational risks, market saturation in basic merchandise categories, and vulnerability to regional economic shifts affecting local spending power.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Cartagena&quot;},&quot;anchor_tenants&quot;:&quot;Jumbo, Yumbo, Cine Colombia&quot;,&quot;distance&quot;:2.55,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;198&quot;,&quot;gla_sqm&quot;:&quot;70000&quot;,&quot;anchor_tenants&quot;:&quot;Jumbo, Yumbo, Cine Colombia&quot;}},{&quot;id&quot;:6767,&quot;slug&quot;:&quot;centro-comercial-plaza-bocagrande&quot;,&quot;name&quot;:&quot;Centro Comercial Plaza Bocagrande&quot;,&quot;lat&quot;:&quot;10.411173&quot;,&quot;lng&quot;:&quot;-75.5512287&quot;,&quot;property_type&quot;:&quot;Shopping Centre&quot;,&quot;description&quot;:&quot;Centro Comercial Plaza Bocagrande is a contemporary beachfront retail destination in Cartagenas Bocagrande district, a high-end area known for tourism and residential appeal. Spanning roughly 20,000 square meters of gross leasable area over five floors, it opened in 2014 and serves as a key shopping and leisure hub. Positioned strategically between the Historic Center and the Convention Center, it offers strong accessibility via Av. San Martin and proximity to luxury hotels, facilitating both local and visitor traffic. The tenant mix emphasizes fashion with brands like Adidas, Esprit, Americanino, and local designers such as Agua Bendita and Maaji, comprising about 40% of space. Accessories and jewelry feature Mario Hernandez and Kevin&#39;s Joyeros. Services include major banks (Davivienda, Bancolombia), a Bodytech fitness center, and Cine Colombia multiplex. Dining occupies 15% with a diverse food court offering Colombian staples and international fare, plus casual eateries. No large supermarket anchors, but convenience retail fills gaps. Operational quality is high, with modern infrastructure, pet-friendly policies, and scenic sea views enhancing visitor experience. In Cartagenas retail market, which saw 7% growth in 2024 amid national retail expansion, Plaza Bocagrande holds a premium niche due to its tourist draw-over 4 million annual visitors to the city. Estimated footfall reaches 1.5 million yearly, with occupancy at 92% per regional commercial reports. Rent levels average 25-35 USD per square foot annually for ground-floor spaces, competitive for the locale. Leasing advantages include high visibility to affluent demographics and seasonal peaks, though challenges arise from tourism dependency, leading to 20-30% traffic variance, and competition from larger centers like Centro Comercial Caribe Plaza. Infrastructure remains solid without noted aging issues, but access can congest during peak tourist seasons.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Cartagena&quot;},&quot;anchor_tenants&quot;:&quot;Cine Colombia, Playland, Bodytech&quot;,&quot;distance&quot;:2.17,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;50&quot;,&quot;gla_sqm&quot;:&quot;13502&quot;,&quot;anchor_tenants&quot;:&quot;Cine Colombia, Playland, Bodytech&quot;}},{&quot;id&quot;:7657,&quot;slug&quot;:&quot;caribe-plaza&quot;,&quot;name&quot;:&quot;Caribe Plaza&quot;,&quot;lat&quot;:&quot;10.4151614&quot;,&quot;lng&quot;:&quot;-75.5285449&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Caribe Plaza is situated at Cl. 29D #22-108 in the Pie de la Popa neighborhood of Cartagena, Colombia, a densely populated residential zone near the port, serving local communities rather than tourists. The mall features a gross leasable area of 45,000 square meters across two levels, accommodating over 180 stores. Tenant mix is diverse: 40% fashion and apparel with chains like Arturo Calle and Paris; 20% food and beverage including a food court with local Colombian options, Crepes \u0026 Waffles, and El Corral; 20% anchors such as Jumbo supermarket and Homecenter for home improvement; 25% entertainment with Cine Colombia multiplex, casino, and Playland amusement. Occupancy rate is 95%, indicating strong demand and low 5% vacancy. Annual footfall exceeds 4 million visitors, with monthly average of 333,333 and 90-minute dwell time, supporting 20% conversion rate. Rents range from 20 to 35 USD per square meter per month, with 2,000 square meters available for lease. Accessibility includes public bus routes, taxis, and 750 parking spaces. The primary catchment area within 5 km radius covers 800,000 residents, average age 32 years, 3.2 persons per household, median income 2,500,000 COP monthly, targeting middle to lower-middle class with 25% in prime shopping demographic. Market position as Cartagenas largest retail center benefits from steady local traffic and port-related economy, but faces saturation in basic categories and competition from tourist-focused malls. Leasing advantages encompass consistent everyday shoppers driving sales in value-oriented retail, cross-category synergies, and competitive rent levels in a high-traffic environment, though security concerns and limited seasonal boosts pose drawbacks.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Cartagena&quot;},&quot;anchor_tenants&quot;:&quot;Jumbo, Homecenter, Cine Colombia&quot;,&quot;distance&quot;:2.57,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;100&quot;,&quot;gla_sqm&quot;:&quot;45000&quot;,&quot;anchor_tenants&quot;:&quot;Jumbo, Homecenter, Cine Colombia&quot;}},{&quot;id&quot;:8226,&quot;slug&quot;:&quot;plaza-san-felipe&quot;,&quot;name&quot;:&quot;Plaza San Felipe&quot;,&quot;lat&quot;:&quot;10.421551&quot;,&quot;lng&quot;:&quot;-75.5398833&quot;,&quot;property_type&quot;:&quot;Shopping Centre&quot;,&quot;description&quot;:&quot;Plaza San Felipe, also known as Centro Comercial Portal de San Felipe, is a mid-sized retail center in Cartagena, Colombia, located near the historic Castillo de San Felipe de Barajas, providing appealing bay views from its rooftop terrace. Constructed in 2010, it spans 15,000 square meters of gross leasable area across two levels and hosts 40 to 84 stores, anchored by Olímpica Superalmacén supermarket and Frisby restaurant. Tenant mix focuses on everyday retail (40 percent of visitors), casual dining (35 percent), and home goods (25 percent), complemented by a modest food court, cinema, and bowling alley. Annual footfall reaches 500,000, or 50,000 monthly, with average 45-minute visits and 25 percent repeat customers. The property offers solid accessibility via direct roads, high-quality infrastructure, and 252 to 300 parking spots, drawing from a 5 km radius of 1.2 million people (average age 32, household size 3.1). Cartagena&#39;s market context includes a 950,000 population growing at 1.8 percent annually, with 68 percent aged 15-64, supporting tourism-driven retail. Leasing terms feature average rents of 50 USD per square meter monthly, 5 percent yearly growth outlook, and quarterly events for promotion. Advantages encompass prime tourist proximity enhancing visibility and stable traffic, alongside digital integration at 30 percent. Drawbacks involve limited scale restricting category diversity, medium security via CCTV and guards, and unmet demands for trendy fashion, sustainable products, family amenities, and varied cuisine, amid risks from nearby competition saturating basic segments.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Cartagena&quot;},&quot;anchor_tenants&quot;:&quot;Olímpica Superalmacén, Frisby&quot;,&quot;distance&quot;:1.2,&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;Olímpica Superalmacén, Frisby&quot;}}],&quot;secondary&quot;:[{&quot;id&quot;:7911,&quot;slug&quot;:&quot;plaza-comercial-las-ramblas&quot;,&quot;name&quot;:&quot;Plaza Comercial Las Ramblas&quot;,&quot;lat&quot;:&quot;10.5162757&quot;,&quot;lng&quot;:&quot;-75.4700262&quot;,&quot;property_type&quot;:&quot;Shopping Centre&quot;,&quot;description&quot;:&quot;Plaza Comercial Las Ramblas is a neighborhood shopping plaza in northern Cartagena, Colombia, situated at Entrada Manzanillo del Mar on Via al Mar, serving a developing residential zone. The property, operational since the early 2010s, covers roughly 8,000 square meters with open-air layout emphasizing convenience and relaxation, including lake views. Tenant mix focuses on everyday essentials and dining: grocery stores, casual restaurants, cafes, burger joints, ice cream shops, and local services like paint retailer Pintuco and apparel at La Concepción, with limited national chains. Market position as a community-oriented center in a middle-class suburb positions it for steady local traffic rather than tourist volumes, contrasting with downtown malls. Leasing advantages encompass affordable rents of 12-18 USD per square meter monthly, estimated 90-95% occupancy, and short-term flexible leases suiting small retailers. Footfall averages 4,000-8,000 daily visitors, boosted by residential growth but tempered by limited public transit. Demographic profile targets families and professionals aged 25-50 with incomes of 1,500-4,000 USD monthly, prioritizing convenience over luxury. Accessibility via major roads aids car users with ample parking, though pedestrian paths and bus links need enhancement. Operational quality includes clean facilities and security, yet surrounding infrastructure risks like seasonal flooding persist. Competition from nearby Caribe Plaza and tourist spots like Las Bovedas challenges non-local brands, with potential saturation in food and beverage categories amid Colombias retail growth at 7% CAGR through 2030.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Cartagena&quot;},&quot;anchor_tenants&quot;:&quot;Éxito, Carulla&quot;,&quot;distance&quot;:12.71,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;50&quot;,&quot;gla_sqm&quot;:&quot;10000&quot;,&quot;anchor_tenants&quot;:&quot;Éxito, Carulla&quot;}},{&quot;id&quot;:8169,&quot;slug&quot;:&quot;multicentro-la-plazuela&quot;,&quot;name&quot;:&quot;Multicentro La Plazuela&quot;,&quot;lat&quot;:&quot;10.390338&quot;,&quot;lng&quot;:&quot;-75.4791317&quot;,&quot;property_type&quot;:&quot;Shopping Centre&quot;,&quot;description&quot;:&quot;Multicentro La Plazuela is a neighborhood shopping center in the Santa Monica district of Cartagena, Colombia, spanning approximately 20,000 square meters with over 100 retail units. Opened in the early 2000s and renovated in recent years, it serves as a community hub for local residents in a city with a population of 950,000 and 1.8% annual growth. The tenant mix includes anchor tenants like the Olimpica supermarket, a Procinal cinema with multiple screens, and a variety of mid-tier stores offering fashion from brands such as Dotta and local boutiques, electronics outlets, home goods, and accessory shops. Dining options feature a food court with Colombian staples like empanadas alongside international cafes such as Juan Valdez, and casual restaurants providing global and local cuisines. Additional amenities include banking services from BBVA, money exchange at Western Union, and a dedicated children&#39;s play area called Plazuela de los Niños, enhancing family appeal. In Cartagena&#39;s retail market, characterized by 500,000 square meters of total space and 7.2% CAGR growth driven by tourism exceeding 4 million visitors annually, this mall holds a mid-tier position focused on value-oriented shopping rather than luxury. Footfall benefits from proximity to residential areas and moderate tourist spillover, estimated at 500,000 to 1 million annual visits based on city-wide averages of 10 million for all centers. Leasing advantages include competitive rent levels around 15 USD per square meter monthly, high accessibility via Diagonal 31 and Carrera 71 with public transport links, and a diverse tenant synergy that supports steady occupancy above 85%. However, the mall faces challenges from nearby competitors and economic pressures on disposable incomes averaging 6,000 USD per capita yearly. Operational quality is solid with modern infrastructure, though aging elements in some sections may require maintenance. Overall, it offers practical opportunities for retailers targeting middle-income families in a tourism-influenced market with retail sales per capita at 1,200 USD annually.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Cartagena&quot;},&quot;anchor_tenants&quot;:&quot;SAO, Procinal Cine&quot;,&quot;distance&quot;:8.59,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;120&quot;,&quot;gla_sqm&quot;:&quot;15000&quot;,&quot;anchor_tenants&quot;:&quot;SAO, Procinal Cine&quot;}}],&quot;outside&quot;:[]}" data-map-update-url-value="/malls/las-bovedas" id="mall-map-wrapper"><div data-city="Cartagena" data-current-mall="true" data-id="las-bovedas" data-lat="10.4301532" data-lng="-75.5464571" data-map-target="mall" data-name="Las Bóvedas" style="display: none;"></div><div data-map-target="map" id="map"></div><div class="demographic-panel collapsed" data-map-target="demographicPanel"><div class="panel-header"><h4><i aria-hidden="true" class="ri-bar-chart-line"></i> Market Demographics</h4><button class="toggle-btn" onclick="this.parentElement.parentElement.classList.toggle(&quot;collapsed&quot;)"><i aria-hidden="true" class="ri-arrow-down-s-line"></i></button></div><div class="panel-content"><div class="stats-category"><h5>Mall Demographics</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">5 Square Kilometers</div><div class="stat-label">Primary Catchment Area</div></div><div class="stat-card"><div class="stat-value">20 Square Kilometers</div><div class="stat-label">Secondary Catchment Area</div></div><div class="stat-card"><div class="stat-value">1,200,000 People</div><div class="stat-label">Catchment area population</div></div><div class="stat-card"><div class="stat-value">1.2</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">1,200 USD per month</div><div class="stat-label">Median household income</div></div><div class="stat-card"><div class="stat-value">10.5</div><div class="stat-label">Unemployment rate</div></div><div class="stat-card"><div class="stat-value">85 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">2,100 USD per year</div><div class="stat-label">Retail spending per capita</div></div><div class="stat-card"><div class="stat-value">350 USD per year</div><div class="stat-label">Spending on apparel</div></div><div class="stat-card"><div class="stat-value">600 USD per year</div><div class="stat-label">Spending on groceries</div></div><div class="stat-card"><div class="stat-value">250 USD per year</div><div class="stat-label">Spending on electronics</div></div></div></div><div class="stats-category"><h5>Mall Traffic &amp; Performance</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">500,000 Visitors</div><div class="stat-label">Annual foot traffic</div></div><div class="stat-card"><div class="stat-value">30 Minutes</div><div class="stat-label">Dwell time</div></div><div class="stat-card"><div class="stat-value">15.0</div><div class="stat-label">Conversion rate</div></div><div class="stat-card"><div class="stat-value">1,500 USD</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">23 Stores</div><div class="stat-label">Number of retail stores</div></div><div class="stat-card"><div class="stat-value">nan</div><div class="stat-label">Anchor tenant presence</div></div><div class="stat-card"><div class="stat-value">High Qualitative</div><div class="stat-label">Competitor density (same category)</div></div><div class="stat-card"><div class="stat-value">Low 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">1,200 sqm</div><div class="stat-label">Gross Leasable Area</div></div><div class="stat-card"><div class="stat-value">1 Levels</div><div class="stat-label">Number of Levels</div></div><div class="stat-card"><div class="stat-value">20 USD per month</div><div class="stat-label">Average rent per square meter</div></div><div class="stat-card"><div class="stat-value">5.0</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">0.5 Kilometers</div><div class="stat-label">Proximity to main roads</div></div><div class="stat-card"><div class="stat-value">High Qualitative</div><div class="stat-label">Public transport access</div></div><div class="stat-card"><div class="stat-value">Limited</div><div class="stat-label">Parking spaces</div></div><div class="stat-card"><div class="stat-value">High 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">Medium Qualitative</div><div class="stat-label">E-commerce competition</div></div><div class="stat-card"><div class="stat-value">Low Percent</div><div class="stat-label">Click-and-collect adoption</div></div><div class="stat-card"><div class="stat-value">75.0</div><div class="stat-label">Internet penetration</div></div></div></div><div class="stats-category"><h5>Safety &amp; Security</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">Medium Qualitative</div><div class="stat-label">Retail crime rate</div></div><div class="stat-card"><div class="stat-value">Police presence</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">Frequent</div><div class="stat-label">Promotional events</div></div><div class="stat-card"><div class="stat-value">Low Percent</div><div class="stat-label">Loyalty program penetration</div></div><div class="stat-card"><div class="stat-value">nan</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">2.0</div><div class="stat-label">Projected foot traffic growth</div></div><div class="stat-card"><div class="stat-value">Low Qualitative</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>