<turbo-stream action="replace" target="mall-map-wrapper"><template><div data-controller="map" data-lat="-33.0088361" data-lng="-71.5472973" data-map-catchment-data-value="{&quot;lat&quot;:&quot;-33.0088361&quot;,&quot;lng&quot;:&quot;-71.5472973&quot;,&quot;primary_radius&quot;:5.0,&quot;secondary_radius&quot;:15.0,&quot;population&quot;:330000}" data-map-demographic-summary-value="{&quot;Mall Demographics&quot;:[{&quot;label&quot;:&quot;Primary Catchment Area&quot;,&quot;value&quot;:&quot;Viña del Mar Area&quot;,&quot;description&quot;:&quot;Primary area covering the city of Viña del Mar&quot;},{&quot;label&quot;:&quot;Secondary Catchment Area&quot;,&quot;value&quot;:&quot;Greater Valparaíso Area&quot;,&quot;description&quot;:&quot;Secondary area including the metropolitan region around Valparaíso&quot;},{&quot;label&quot;:&quot;Catchment area population&quot;,&quot;value&quot;:&quot;330,000 People&quot;,&quot;description&quot;:&quot;Resident population of Viña del Mar, core customer base&quot;},{&quot;label&quot;:&quot;Population growth rate&quot;,&quot;value&quot;:&quot;1.0&quot;,&quot;description&quot;:&quot;Annual growth rate for Viña del Mar population based on Chilean trends&quot;},{&quot;label&quot;:&quot;Median age&quot;,&quot;value&quot;:&quot;42 Years&quot;,&quot;description&quot;:&quot;Median age of residents in Viña del Mar&quot;},{&quot;label&quot;:&quot;Household size&quot;,&quot;value&quot;:&quot;3.0 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;25.0&quot;,&quot;description&quot;:&quot;Percentage of population with tertiary education in Chile, estimated for area&quot;}],&quot;Economic Indicators&quot;:[{&quot;label&quot;:&quot;Median household income&quot;,&quot;value&quot;:&quot;14,400 USD per year&quot;,&quot;description&quot;:&quot;Annual median household income, based on 1,200 USD monthly average&quot;},{&quot;label&quot;:&quot;Unemployment rate&quot;,&quot;value&quot;:&quot;7.5&quot;,&quot;description&quot;:&quot;Unemployment rate in Valparaíso region, 2023 estimate&quot;},{&quot;label&quot;:&quot;Cost of living index&quot;,&quot;value&quot;:&quot;55 Index (NY=100)&quot;,&quot;description&quot;:&quot;Cost of living index for Viña del Mar area&quot;}],&quot;Consumer Spending&quot;:[{&quot;label&quot;:&quot;Retail spending per capita&quot;,&quot;value&quot;:&quot;2,000 USD per year&quot;,&quot;description&quot;:&quot;Estimated annual retail spending per person in Chile urban areas&quot;},{&quot;label&quot;:&quot;Spending on apparel&quot;,&quot;value&quot;:&quot;400 USD per year&quot;,&quot;description&quot;:&quot;Estimated annual per capita spending on apparel&quot;},{&quot;label&quot;:&quot;Spending on groceries&quot;,&quot;value&quot;:&quot;800 USD per year&quot;,&quot;description&quot;:&quot;Estimated annual per capita spending on groceries&quot;},{&quot;label&quot;:&quot;Spending on electronics&quot;,&quot;value&quot;:&quot;300 USD per year&quot;,&quot;description&quot;:&quot;Estimated annual per capita spending on electronics&quot;}],&quot;Mall Traffic \u0026 Performance&quot;:[{&quot;label&quot;:&quot;Annual foot traffic&quot;,&quot;value&quot;:&quot;1,500,000 Visitors&quot;,&quot;description&quot;:&quot;Estimated annual visitors based on comparable regional malls&quot;},{&quot;label&quot;:&quot;Dwell time&quot;,&quot;value&quot;:&quot;2 Hours&quot;,&quot;description&quot;:&quot;Average time visitors spend in the mall&quot;},{&quot;label&quot;:&quot;Conversion rate&quot;,&quot;value&quot;:&quot;20.0&quot;,&quot;description&quot;:&quot;Percentage of visitors making a purchase&quot;},{&quot;label&quot;:&quot;Sales per square meter&quot;,&quot;value&quot;:&quot;550 USD per year&quot;,&quot;description&quot;:&quot;Annual sales per square meter, group average estimate&quot;}],&quot;Competition \u0026 Tenant Mix&quot;:[{&quot;label&quot;:&quot;Number of retail stores&quot;,&quot;value&quot;:&quot;200 Stores&quot;,&quot;description&quot;:&quot;Total number of retail outlets in the mall&quot;},{&quot;label&quot;:&quot;Anchor tenant presence&quot;,&quot;value&quot;:&quot;Yes (Ripley, Paris, Jumbo, Cinemark) Presence&quot;,&quot;description&quot;:&quot;Major anchor tenants providing draw&quot;},{&quot;label&quot;:&quot;Competitor density (same category)&quot;,&quot;value&quot;:&quot;Medium Density&quot;,&quot;description&quot;:&quot;Level of nearby competing malls in Viña del Mar&quot;},{&quot;label&quot;:&quot;Tenant diversity&quot;,&quot;value&quot;:&quot;High Diversity&quot;,&quot;description&quot;:&quot;Mix of fashion, dining, home goods, entertainment&quot;},{&quot;label&quot;:&quot;Unique Concepts&quot;,&quot;value&quot;:&quot;Yes Concepts&quot;,&quot;description&quot;:&quot;Specialty restaurants and entertainment options&quot;}],&quot;Real Estate \u0026 Leasing&quot;:[{&quot;label&quot;:&quot;Gross Leasable Area&quot;,&quot;value&quot;:&quot;89,500 sqm&quot;,&quot;description&quot;:&quot;Total leasable retail space&quot;},{&quot;label&quot;:&quot;Number of Levels&quot;,&quot;value&quot;:&quot;3 Levels&quot;,&quot;description&quot;:&quot;Number of floors in the mall structure&quot;},{&quot;label&quot;:&quot;Average rent per square meter&quot;,&quot;value&quot;:&quot;25 USD per month&quot;,&quot;description&quot;:&quot;Monthly rent for prime spaces&quot;},{&quot;label&quot;:&quot;Vacancy rate&quot;,&quot;value&quot;:&quot;5.0&quot;,&quot;description&quot;:&quot;Current vacancy rate based on 95% occupancy&quot;},{&quot;label&quot;:&quot;Lease term flexibility&quot;,&quot;value&quot;:&quot;5-10 years Years&quot;,&quot;description&quot;:&quot;Standard lease duration with renewal options&quot;},{&quot;label&quot;:&quot;Available retail space&quot;,&quot;value&quot;:&quot;Low Space&quot;,&quot;description&quot;:&quot;Limited available space due to high occupancy&quot;}],&quot;Accessibility \u0026 Infrastructure&quot;:[{&quot;label&quot;:&quot;Proximity to main roads&quot;,&quot;value&quot;:&quot;High Proximity&quot;,&quot;description&quot;:&quot;Close to major avenues like Avenida Libertad&quot;},{&quot;label&quot;:&quot;Public transport access&quot;,&quot;value&quot;:&quot;Yes Access&quot;,&quot;description&quot;:&quot;Connected to bus and metro systems in Viña del Mar&quot;},{&quot;label&quot;:&quot;Parking spaces&quot;,&quot;value&quot;:&quot;1,576 Spaces&quot;,&quot;description&quot;:&quot;Total parking capacity&quot;},{&quot;label&quot;:&quot;Pedestrian traffic&quot;,&quot;value&quot;:&quot;High Traffic&quot;,&quot;description&quot;:&quot;Strong foot traffic from urban location&quot;}],&quot;Digital \u0026 E-commerce Trends&quot;:[{&quot;label&quot;:&quot;E-commerce competition&quot;,&quot;value&quot;:&quot;18.0&quot;,&quot;description&quot;:&quot;Share of sales captured by e-commerce in fashion/electronics&quot;},{&quot;label&quot;:&quot;Click-and-collect adoption&quot;,&quot;value&quot;:&quot;Growing Adoption&quot;,&quot;description&quot;:&quot;Increasing use of click-and-collect services&quot;},{&quot;label&quot;:&quot;Internet penetration&quot;,&quot;value&quot;:&quot;80.0&quot;,&quot;description&quot;:&quot;Internet access rate in Chilean urban areas&quot;}],&quot;Safety \u0026 Security&quot;:[{&quot;label&quot;:&quot;Retail crime rate&quot;,&quot;value&quot;:&quot;Low Rate&quot;,&quot;description&quot;:&quot;Below national average for retail theft&quot;},{&quot;label&quot;:&quot;Security measures&quot;,&quot;value&quot;:&quot;Standard (CCTV, guards) Measures&quot;,&quot;description&quot;:&quot;Comprehensive security including surveillance and personnel&quot;}],&quot;Marketing \u0026 Events&quot;:[{&quot;label&quot;:&quot;Promotional events&quot;,&quot;value&quot;:&quot;Frequent Events&quot;,&quot;description&quot;:&quot;Regular promotions and seasonal events&quot;},{&quot;label&quot;:&quot;Loyalty program penetration&quot;,&quot;value&quot;:&quot;High Penetration&quot;,&quot;description&quot;:&quot;Strong participation in mall loyalty programs&quot;},{&quot;label&quot;:&quot;Digital signage presence&quot;,&quot;value&quot;:&quot;Yes Presence&quot;,&quot;description&quot;:&quot;Digital displays for advertising throughout mall&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;Expected annual growth in visitors&quot;},{&quot;label&quot;:&quot;New tenant pipeline&quot;,&quot;value&quot;:&quot;Ongoing Pipeline&quot;,&quot;description&quot;:&quot;Active recruitment of new tenants&quot;},{&quot;label&quot;:&quot;Mall expansion plans&quot;,&quot;value&quot;:&quot;nan Plans&quot;,&quot;description&quot;:&quot;No major expansion announced, maintenance focus&quot;}]}" data-map-mapbox-token-value="pk.eyJ1Ijoib2NjdXBpIiwiYSI6ImNtZXFkdHZwczBtNjIya215OWVpaGtucXoifQ.xiNo8HmyyKim2YrJ3LdqdQ" data-map-nearby-malls-value="{&quot;primary&quot;:[{&quot;id&quot;:7383,&quot;slug&quot;:&quot;vista-hermosa&quot;,&quot;name&quot;:&quot;Vista Hermosa&quot;,&quot;lat&quot;:&quot;-33.0233491&quot;,&quot;lng&quot;:&quot;-71.5623085&quot;,&quot;property_type&quot;:&quot;Shopping Centre&quot;,&quot;description&quot;:&quot;Vista Hermosa is a mid-sized shopping center located in Viña del Mar, Chile, spanning approximately 25,000 square meters of gross leasable area. Situated in a residential and tourist-heavy neighborhood near the coast, it serves as a convenient retail hub for local residents and seasonal visitors. The tenant mix includes a balance of national chains in fashion like Falabella and local boutiques, a supermarket anchor, dining options ranging from fast casual to sit-down restaurants, and essential services such as pharmacies and banks. Market position is secondary to larger venues like Mall Marina, with occupancy rates around 88% as of 2024, reflecting stable but not premium demand. Footfall averages 5,000 daily visitors year-round, peaking at 15,000 during summer tourist season due to proximity to beaches and attractions. Rent levels are moderate at CLP 20,000-30,000 per square meter annually, offering cost-effective entry compared to prime malls. Accessibility is supported by nearby public buses and parking for 800 vehicles, though traffic congestion during peak seasons poses challenges. Strengths include a diverse demographic draw from middle-income families and tourists, fostering consistent sales in food and beverage categories. Drawbacks encompass seasonal sales variability, with winter dips up to 40%, and competition from established centers eroding market share in luxury retail. Operational quality is average, with recent upgrades to HVAC systems but aging facade elements requiring maintenance. Overall, it presents balanced leasing opportunities for retailers targeting everyday essentials and local appeal, amid a retail market in Viña del Mar showing 2-3% annual growth driven by tourism recovery post-pandemic.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Viña Del Mar&quot;},&quot;anchor_tenants&quot;:&quot;Falabella, Ripley, Supermercado&quot;,&quot;distance&quot;:2.14,&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;Falabella, Ripley, Supermercado&quot;}},{&quot;id&quot;:7372,&quot;slug&quot;:&quot;mallplaza-vina-del-mar&quot;,&quot;name&quot;:&quot;Mallplaza Viña Del Mar&quot;,&quot;lat&quot;:&quot;-33.0153481&quot;,&quot;lng&quot;:&quot;-71.5500276&quot;,&quot;property_type&quot;:&quot;Regional&quot;,&quot;description&quot;:&quot;Mallplaza Viña del Mar is a prominent regional shopping center in Viña del Mar, Chile, situated at Av. Valparaíso 400 in the Valparaíso Region. Covering approximately 45,000 square meters of gross leasable area over two levels, it was originally opened in 1999 as Marina Arauco and later integrated into the Mallplaza portfolio following the merger with Parque Arauco. The property hosts around 120 tenants, including major anchors such as Falabella, Ripley, Almacenes París department stores, a Cinemark multiplex cinema with 10 screens, and a Jumbo hypermarket. The tenant mix is well-diversified, comprising 35% fashion and apparel (featuring brands like H\u0026M, Zara, and local designers), 25% food and beverage with a 1,000-seat food court offering Chilean and international cuisine, 20% electronics and home goods, and 20% services, entertainment, and leisure options including a gym and kids zone. Company-wide occupancy for Mallplaza stands at 96.6% as of late 2024, with this location maintaining rates near 95%, indicating healthy demand and low vacancy of about 5%. Annual footfall is estimated at 17 million visitors, benefiting from the local population of 330,000 in Viña del Mar and a broader catchment area of 1 million residents from nearby Valparaíso, augmented by seasonal tourism from Santiago and international visitors drawn to the coastal resort city. Average rent levels range from CLP 18,000 to 22,000 per square meter annually, with sales per square meter averaging CLP 4,500,000, reflecting solid retail performance in a market where national retail sales grew 2.3% in 2023. Accessibility is favorable, with 1,500 parking spaces, direct access via major highways like Ruta 68, and connections to public buses and the Viña del Mar train station, though peak summer traffic can lead to congestion. The demographic profile targets middle to upper-middle class consumers, with median household income around CLP 1.2 million monthly, high education levels (over 50% with tertiary education), and spending preferences in leisure, dining, and fashion. In the market context, it holds a leading position as the dominant enclosed mall in the region, supported by the operators omnichannel strategies like click-and-collect to counter e-commerce. Leasing opportunities offer advantages such as flexible 5-10 year terms, inflation-linked escalations via UF index, and collaborative marketing initiatives, but potential challenges include seasonal fluctuations in footfall (20-30% drop in winter), competition from integrated entertainment venues like Enjoy Viña del Mar casino retail, rising operational costs due to tourism-driven inflation, and broader market saturation in apparel categories amid 10% annual e-commerce growth in Chile.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Viña Del Mar&quot;},&quot;anchor_tenants&quot;:&quot;Falabella, Jumbo, Cinemark&quot;,&quot;distance&quot;:0.77,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;180&quot;,&quot;gla_sqm&quot;:&quot;80000&quot;,&quot;anchor_tenants&quot;:&quot;Falabella, Jumbo, Cinemark&quot;}},{&quot;id&quot;:4033,&quot;slug&quot;:&quot;mall-vivo-vina&quot;,&quot;name&quot;:&quot;Mall Vivo Viña&quot;,&quot;lat&quot;:&quot;-33.015&quot;,&quot;lng&quot;:&quot;-71.554&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Mall Vivo Viña is a shopping mall located at Av. Valparaíso 619 in Viña del Mar, Chile, a coastal city known for its tourism and proximity to Valparaíso. Opened in 2010 and owned by VivoCorp, it spans 45,000 sqm of gross leasable area across three levels, hosting 120 retail stores with a diverse tenant mix including anchors like Falabella department store, Paris fashion retailer, and Jumbo supermarket. The tenant composition features 15% unique concepts, balancing fashion, groceries, dining, and home goods, which supports broad appeal in a market where retail spending per capita reaches 2,500 USD annually. Occupancy stands at 96% with only 4% vacancy and 2,000 sqm available, indicating strong demand amid Chile&#39;s retail sector growth projected at 5.9% CAGR through 2034. Annual footfall of 6 million visitors reflects solid pedestrian traffic, bolstered by high public transport access and 1,500 parking spaces, though seasonal fluctuations tied to Viña del Mar&#39;s summer tourism peak may impact consistency. Average dwell time is 90 minutes, with conversion rates at 25% and sales per sqm at 800 USD yearly. Rent levels average 15,000 CLP per sqm monthly, offering medium lease term flexibility and a pipeline of 10 new tenants. Market position benefits from a primary catchment of 500,000 residents within 10 km, with median household income of 1.2 million CLP and 28% tertiary education, but faces risks from high e-commerce adoption (60% click-and-collect) and two nearby competitors like Mall Marina Arauco, potentially leading to category saturation in fashion and dining. Operational quality is high with advanced security, monthly promotions, and full digital signage, yet opportunities exist for enhanced family amenities and international cuisine to counter weak categories. Leasing advantages include stable occupancy and growth potential in a recovering economy, but drawbacks involve access challenges during peak tourist seasons and moderate unemployment at 8.2% affecting discretionary spending.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Viña Del Mar&quot;},&quot;anchor_tenants&quot;:&quot;Falabella, Paris, Jumbo&quot;,&quot;distance&quot;:0.93,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;120&quot;,&quot;gla_sqm&quot;:&quot;40000&quot;,&quot;anchor_tenants&quot;:&quot;Falabella, Paris, Jumbo&quot;}},{&quot;id&quot;:5745,&quot;slug&quot;:&quot;centro-comercial-plaza-viana&quot;,&quot;name&quot;:&quot;Centro Comercial Plaza Viana&quot;,&quot;lat&quot;:&quot;-33.0261046&quot;,&quot;lng&quot;:&quot;-71.5528627&quot;,&quot;property_type&quot;:&quot;Neighborhood&quot;,&quot;description&quot;:&quot;Centro Comercial Plaza Viana is a mid-sized retail center in central Viña del Mar, Chile, covering about 25,000 square meters of gross leasable area with around 60 tenants. Established in the early 2000s, it caters to local residents and seasonal tourists in this coastal city known for its beaches and festivals. The tenant mix comprises anchor stores including a supermarket (Líder Express) and department store (Falabella), alongside fashion outlets (Zara, Mango), electronics (Paris), and a food court with 15 eateries offering Chilean seafood, fast food, and casual dining. According to 2024 commercial real estate reports from CBRE Chile, occupancy hovers at 88%, down from 95% pre-pandemic, reflecting broader retail recovery challenges. Average base rents are approximately CLP 12,000-18,000 per square meter per year, competitive for secondary locations. Daily footfall averages 4,500 visitors, surging to 8,000 during January-February tourist peak, based on local traffic studies. Accessibility benefits from proximity to Av. Álvarez and public buses, with 600 parking spaces available. The surrounding demographic includes middle-income families (median household income CLP 1,000,000 monthly) aged 25-54, comprising 200,000 potential customers within a 5km radius. Market position is solid for value retail amid Viña del Mars 330,000 population and tourism draw of 1 million annual visitors, but faces saturation with 10+ competing centers. Strengths lie in affordable leasing and diverse everyday offerings; weaknesses include seasonal variability and limited luxury appeal, per JLL market insights.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Viña Del Mar&quot;},&quot;anchor_tenants&quot;:&quot;Supermercado Líder, Farmacia Cruz Verde&quot;,&quot;distance&quot;:1.99,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;60&quot;,&quot;gla_sqm&quot;:&quot;2000&quot;,&quot;anchor_tenants&quot;:&quot;Supermercado Líder, Farmacia Cruz Verde&quot;}},{&quot;id&quot;:5748,&quot;slug&quot;:&quot;mall-plaza-alto-del-mar&quot;,&quot;name&quot;:&quot;Mall Plaza Alto Del Mar&quot;,&quot;lat&quot;:&quot;-33.0123366&quot;,&quot;lng&quot;:&quot;-71.5436605&quot;,&quot;property_type&quot;:&quot;Regional&quot;,&quot;description&quot;:&quot;Mall Plaza Alto del Mar is a mid-sized shopping center located in the upscale residential area of Santa Julia in Viña del Mar, Chile, approximately 10 km from the city center and near popular beaches like Reñaca. Opened in the early 2000s, it spans about 25,000 square meters of gross leasable area, featuring around 80 stores across two levels. The tenant mix emphasizes everyday retail with anchors including a Jumbo supermarket, Falabella department store, and a Cinemark multiplex, complemented by fashion outlets like H\u0026M and Zara, local Chilean brands, and food courts offering diverse options from fast casual to Chilean cuisine. Accessibility is strong via Av. Borgoño, with over 800 parking spaces and proximity to public transport routes connecting to Valparaíso and Santiago. The surrounding demographics include middle to upper-middle class families and retirees, with a population draw from Viña del Mar&#39;s 330,000 residents and seasonal tourists boosting footfall by 30-50% during summer. Market position is solid as a neighborhood hub rather than a tourist magnet, with occupancy rates averaging 92% as per recent commercial real estate reports. Rent levels range from 25-35 USD per square meter monthly for inline spaces, influenced by high-visibility locations. Strengths include stable local traffic and low vacancy risks due to essential retail focus, but drawbacks involve competition from larger centers like Mall Marina (5 km away) and potential seasonal dips in non-tourist months. Operational quality is average, with modern but aging infrastructure requiring occasional maintenance. Leasing advantages encompass flexible terms for smaller retailers and co-tenancy clauses with anchors, though risks include market saturation in fashion categories and access challenges during peak traffic on coastal roads. Overall, it suits retailers targeting local consumers seeking convenience over luxury experiences, with sales per square meter estimated at 8,000-10,000 USD annually based on regional benchmarks.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Viña Del Mar&quot;},&quot;anchor_tenants&quot;:&quot;Falabella,Paris,Cinemark,Jumbo&quot;,&quot;distance&quot;:0.52,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;120&quot;,&quot;gla_sqm&quot;:&quot;45000&quot;,&quot;anchor_tenants&quot;:&quot;Falabella,Paris,Cinemark,Jumbo&quot;}},{&quot;id&quot;:5734,&quot;slug&quot;:&quot;espacio-rioja&quot;,&quot;name&quot;:&quot;Espacio Rioja&quot;,&quot;lat&quot;:&quot;-33.0207916&quot;,&quot;lng&quot;:&quot;-71.5461762&quot;,&quot;property_type&quot;:&quot;Shopping Centre&quot;,&quot;description&quot;:&quot;Espacio Rioja is a compact retail and commercial space located in the heart of Viña del Mar, Chile, a coastal city known for its tourism and residential appeal with a population exceeding 300,000. Positioned near key avenues like Benidorm, it serves as a neighborhood hub for local shopping and services. The tenant mix emphasizes everyday essentials, including small boutiques, cafes, supermarkets, and specialty stores in categories such as fashion, electronics, and health services, with approximately 20-30 units across 5,000-8,000 sqm of gross leasable area. According to regional commercial real estate reports from sources like Colliers International (2024), such properties in Valparaíso maintain occupancy rates of 90-95%, benefiting from stable local demand. Rent levels are moderate, averaging CLP 25,000-35,000 per sqm per year, lower than prime malls due to its secondary positioning. Accessibility is favorable, with direct access from public buses and proximity to the bus terminal, plus on-site parking for 200 vehicles. The demographic profile targets middle-income households (average income CLP 1.2-1.8 million monthly) and seasonal tourists, driving footfall of 3,000-5,000 daily visitors year-round, peaking in summer. Market position strengths include low operational costs and community loyalty, ideal for small-format retailers seeking affordable entry. Drawbacks encompass competition from larger venues like Mall Marina (50,000 sqm, 15,000 daily footfall) and Boulevard Marina, potential access congestion during peak tourist seasons, and vulnerability to economic downturns affecting tourism, which accounts for 40% of local GDP. Infrastructure is functional but may require updates in older sections, with risks of category overlap in casual dining and apparel amid regional retail saturation noted in JLL market insights (2025). Leasing advantages feature flexible 3-5 year terms with turnover rents, supporting adaptive retail strategies in a market where e-commerce growth has slowed physical sales by 5-7% annually.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Viña Del Mar&quot;},&quot;anchor_tenants&quot;:&quot;Falabella, H\u0026M, Paris&quot;,&quot;distance&quot;:1.33,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;50&quot;,&quot;gla_sqm&quot;:&quot;35000&quot;,&quot;anchor_tenants&quot;:&quot;Falabella, H\u0026M, Paris&quot;}},{&quot;id&quot;:7377,&quot;slug&quot;:&quot;mall-marina&quot;,&quot;name&quot;:&quot;Mall Marina&quot;,&quot;lat&quot;:&quot;-33.0089245&quot;,&quot;lng&quot;:&quot;-71.5482706&quot;,&quot;property_type&quot;:&quot;Regional&quot;,&quot;description&quot;:&quot;Mall Marina, located at Av. Libertador 1348 in Viña del Mar, Chile, is a major regional shopping center opened in 1999 as part of an alliance between department stores Ripley and Falabella (formerly Paris) and developer Parque Arauco. The property spans 222,373 square meters total, with approximately 189,000 square meters leasable across its integrated complex, including the original mall, Boulevard Marina (an open-air extension added in 2010), and connections via skybridges. It features 220 stores, encompassing anchors like Ripley and Falabella department stores, a Jumbo supermarket via the Líder connection, and a diverse tenant mix of fashion (e.g., Zara, H\u0026M), electronics, home goods, and over 30 food and beverage outlets in a food court and outdoor areas. Entertainment includes a cinema and event spaces. As the largest mall in Viña del Mar, it holds a strong market position in the Valparaíso Region, benefiting from the citys affluent residential base and high tourist influx, particularly during summer festivals drawing over 1 million visitors annually. Occupancy stands at around 90%, supported by stable local demand and seasonal peaks. Leasing advantages include flexible spaces from 50 to 5,000 square meters, prime visibility in high-traffic zones, and marketing synergies with anchors. However, base rents average CLP 25,000-35,000 per square meter annually, with additional common area maintenance fees of 15-20% of sales, reflecting premium positioning but potentially challenging for smaller retailers amid economic volatility in Chile. Accessibility via major avenues and 2,500 parking spaces is a strength, though traffic congestion during peak seasons poses risks. The tenant mix emphasizes mid-to-upper market brands, aligning with local demographics of middle-class families (average household income CLP 1.5-2.5 million monthly) and tourists, but faces saturation in fashion categories. Operational quality is high with modern expansions in 2018 adding 40 stores and improved infrastructure, yet aging elements in the original structure require ongoing maintenance. Overall, it offers solid footfall of 15,000-20,000 daily visitors year-round, surging to 30,000+ in summer, driven by proximity to beaches and cultural sites, making it viable for retailers targeting lifestyle and leisure spending despite regional competition from malls like Plaza Vespucio in nearby Valparaíso.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Viña Del Mar&quot;},&quot;anchor_tenants&quot;:&quot;Ripley, Paris, Jumbo&quot;,&quot;distance&quot;:0.09,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;200&quot;,&quot;gla_sqm&quot;:&quot;50000&quot;,&quot;anchor_tenants&quot;:&quot;Ripley, Paris, Jumbo&quot;}}],&quot;secondary&quot;:[],&quot;outside&quot;:[{&quot;id&quot;:6803,&quot;slug&quot;:&quot;vivo-premium-outlet-vina-del-mar&quot;,&quot;name&quot;:&quot;Vivo Premium Outlet Viña Del Mar&quot;,&quot;lat&quot;:&quot;-33.125&quot;,&quot;lng&quot;:&quot;-71.455&quot;,&quot;property_type&quot;:&quot;Outlet&quot;,&quot;description&quot;:&quot;Vivo Premium Outlet Viña del Mar, situated at Av. Valparaíso 619 in Viña del Mar, Chile, is a 45,000 sqm retail destination opened in 2010, featuring 120 stores across three levels. The tenant mix includes anchors like Falabella department store, Paris fashion retailer, and Jumbo supermarket, with 15% unique concepts spanning fashion, groceries, dining, and home goods, fostering a balanced appeal. Occupancy rate stands at 96%, with 4% vacancy and 2,000 sqm available, indicating robust demand in a region with low competitor density of two malls per 100 km. Annual footfall of 6 million visitors, averaging 500,000 monthly, benefits from 1,500 parking spaces and strong public transport connectivity, though seasonal tourism leads to access congestion. The primary 10 km catchment area serves 500,000 residents with median age of 36, household size of 3.1, 28% tertiary education, and median monthly income of 1.2 million CLP, supporting 2,500 USD per capita annual retail spend; however, 8.2% unemployment and a cost of living index of 75 (US=100) constrain discretionary purchases. Average rent is 15,000 CLP per sqm monthly, with medium-term lease flexibility aiding negotiations. Market position leverages Chile&#39;s projected 5.9% retail CAGR through 2034 and 1.2% population growth, yet faces e-commerce challenges with 60% click-and-collect adoption and seasonal fluctuations impacting consistency. Leasing advantages encompass 90-minute dwell time, 25% conversion rate, sales of 800 USD per sqm yearly, and high operational quality via digital signage, loyalty programs at 40% penetration, and low retail crime. Potential drawbacks include category saturation in fashion and dining from competitors like Mall Marina Arauco, infrastructure strain from tourism, weather-related access issues, and post-pandemic economic recovery limiting premium segment growth.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Viña Del Mar&quot;},&quot;anchor_tenants&quot;:&quot;Adidas, Calvin Klein, Levi’s, Nike, Puma, Under Armour&quot;,&quot;distance&quot;:15.52,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;120&quot;,&quot;gla_sqm&quot;:&quot;7000&quot;,&quot;anchor_tenants&quot;:&quot;Adidas, Calvin Klein, Levi’s, Nike, Puma, Under Armour&quot;}}]}" data-map-update-url-value="/malls/mall-marina-arauco" id="mall-map-wrapper"><div data-city="Viña Del Mar" data-current-mall="true" data-id="mall-marina-arauco" data-lat="-33.0088361" data-lng="-71.5472973" data-map-target="mall" data-name="Mall Marina Arauco" 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">Viña del Mar Area</div><div class="stat-label">Primary Catchment Area</div></div><div class="stat-card"><div class="stat-value">Greater Valparaíso Area</div><div class="stat-label">Secondary Catchment Area</div></div><div class="stat-card"><div class="stat-value">330,000 People</div><div class="stat-label">Catchment area population</div></div><div class="stat-card"><div class="stat-value">1.0</div><div class="stat-label">Population growth rate</div></div></div></div><div class="stats-category"><h5>Economic Indicators</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">14,400 USD per year</div><div class="stat-label">Median household income</div></div><div class="stat-card"><div class="stat-value">7.5</div><div class="stat-label">Unemployment rate</div></div><div class="stat-card"><div class="stat-value">55 Index (NY=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">2,000 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 year</div><div class="stat-label">Spending on apparel</div></div><div class="stat-card"><div class="stat-value">800 USD per year</div><div class="stat-label">Spending on groceries</div></div><div class="stat-card"><div class="stat-value">300 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">1,500,000 Visitors</div><div class="stat-label">Annual foot traffic</div></div><div class="stat-card"><div class="stat-value">2 Hours</div><div class="stat-label">Dwell time</div></div><div class="stat-card"><div class="stat-value">20.0</div><div class="stat-label">Conversion rate</div></div><div class="stat-card"><div class="stat-value">550 USD per year</div><div class="stat-label">Sales per square meter</div></div></div></div><div class="stats-category"><h5>Competition &amp; Tenant Mix</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">200 Stores</div><div class="stat-label">Number of retail stores</div></div><div class="stat-card"><div class="stat-value">Yes (Ripley, Paris, Jumbo, Cinemark) Presence</div><div class="stat-label">Anchor tenant presence</div></div><div class="stat-card"><div class="stat-value">Medium Density</div><div class="stat-label">Competitor density (same category)</div></div><div class="stat-card"><div class="stat-value">High Diversity</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">89,500 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">25 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">High Proximity</div><div class="stat-label">Proximity to main roads</div></div><div class="stat-card"><div class="stat-value">Yes Access</div><div class="stat-label">Public transport access</div></div><div class="stat-card"><div class="stat-value">1,576 Spaces</div><div class="stat-label">Parking spaces</div></div><div class="stat-card"><div class="stat-value">High Traffic</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">18.0</div><div class="stat-label">E-commerce competition</div></div><div class="stat-card"><div class="stat-value">Growing Adoption</div><div class="stat-label">Click-and-collect adoption</div></div><div class="stat-card"><div class="stat-value">80.0</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 Rate</div><div class="stat-label">Retail crime rate</div></div><div class="stat-card"><div class="stat-value">Standard (CCTV, guards) Measures</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 Events</div><div class="stat-label">Promotional events</div></div><div class="stat-card"><div class="stat-value">High Penetration</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">Ongoing Pipeline</div><div class="stat-label">New tenant pipeline</div></div><div class="stat-card"><div class="stat-value">nan Plans</div><div class="stat-label">Mall expansion plans</div></div></div></div></div></div></div></template></turbo-stream>