<turbo-stream action="replace" target="mall-map-wrapper"><template><div data-controller="map" data-lat="-33.0089245" data-lng="-71.5482706" data-map-catchment-data-value="{&quot;lat&quot;:&quot;-33.0089245&quot;,&quot;lng&quot;:&quot;-71.5482706&quot;,&quot;primary_radius&quot;:5.0,&quot;secondary_radius&quot;:15.0,&quot;population&quot;:400000}" data-map-demographic-summary-value="{&quot;Mall Demographics&quot;:[{&quot;label&quot;:&quot;Primary Catchment Area&quot;,&quot;value&quot;:&quot;5 km radius km&quot;,&quot;description&quot;:&quot;Geographic area within immediate driving distance for primary shoppers&quot;},{&quot;label&quot;:&quot;Secondary Catchment Area&quot;,&quot;value&quot;:&quot;20 km radius km&quot;,&quot;description&quot;:&quot;Geographic area for occasional or extended shoppers&quot;},{&quot;label&quot;:&quot;Catchment area population&quot;,&quot;value&quot;:&quot;400,000 People&quot;,&quot;description&quot;:&quot;Estimated total population in primary and secondary catchment areas around Viña del Mar&quot;},{&quot;label&quot;:&quot;Population growth rate&quot;,&quot;value&quot;:&quot;1.2&quot;,&quot;description&quot;:&quot;Annual growth rate of catchment population based on regional trends&quot;},{&quot;label&quot;:&quot;Median age&quot;,&quot;value&quot;:&quot;36 Years&quot;,&quot;description&quot;:&quot;Median age of residents in the catchment area&quot;},{&quot;label&quot;:&quot;Household size&quot;,&quot;value&quot;:&quot;3.0 Persons per household&quot;,&quot;description&quot;:&quot;Average household size in the region&quot;},{&quot;label&quot;:&quot;Education level (tertiary)&quot;,&quot;value&quot;:&quot;28.0&quot;,&quot;description&quot;:&quot;Percentage of population with tertiary education in Valparaíso region&quot;}],&quot;Economic Indicators&quot;:[{&quot;label&quot;:&quot;Median household income&quot;,&quot;value&quot;:&quot;12,000 USD per year&quot;,&quot;description&quot;:&quot;Median annual household income in Viña del Mar area&quot;},{&quot;label&quot;:&quot;Unemployment rate&quot;,&quot;value&quot;:&quot;8.4&quot;,&quot;description&quot;:&quot;Current unemployment rate in Chile, applicable to region&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 index for Valparaíso region&quot;}],&quot;Consumer Spending&quot;:[{&quot;label&quot;:&quot;Retail spending per capita&quot;,&quot;value&quot;:&quot;1,200 USD per year&quot;,&quot;description&quot;:&quot;Annual retail spending per person in Viña del Mar&quot;},{&quot;label&quot;:&quot;Spending on apparel&quot;,&quot;value&quot;:&quot;200 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;1,000 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;5,000,000 Visitors per year&quot;,&quot;description&quot;:&quot;Estimated annual visitors to the mall&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;30.0&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;5,000 USD per year&quot;,&quot;description&quot;:&quot;Annual sales revenue per square meter of GLA&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 Presence&quot;,&quot;description&quot;:&quot;Major anchor tenants like Falabella and Ripley present&quot;},{&quot;label&quot;:&quot;Competitor density (same category)&quot;,&quot;value&quot;:&quot;Medium Density level&quot;,&quot;description&quot;:&quot;Moderate density of competing malls in Viña del Mar&quot;},{&quot;label&quot;:&quot;Tenant diversity&quot;,&quot;value&quot;:&quot;High Diversity level&quot;,&quot;description&quot;:&quot;Wide variety of retail categories and brands&quot;},{&quot;label&quot;:&quot;Unique Concepts&quot;,&quot;value&quot;:&quot;10 Unique stores&quot;,&quot;description&quot;:&quot;Number of exclusive or unique retail concepts&quot;}],&quot;Real Estate \u0026 Leasing&quot;:[{&quot;label&quot;:&quot;Gross Leasable Area&quot;,&quot;value&quot;:&quot;50,000 sqm&quot;,&quot;description&quot;:&quot;Total leasable retail space in the mall&quot;},{&quot;label&quot;:&quot;Number of Levels&quot;,&quot;value&quot;:&quot;3 Levels&quot;,&quot;description&quot;:&quot;Number of shopping floors&quot;},{&quot;label&quot;:&quot;Average rent per square meter&quot;,&quot;value&quot;:&quot;20 USD per month&quot;,&quot;description&quot;:&quot;Average monthly rental rate per sqm&quot;},{&quot;label&quot;:&quot;Vacancy rate&quot;,&quot;value&quot;:&quot;5.0&quot;,&quot;description&quot;:&quot;Percentage of leasable space currently vacant&quot;},{&quot;label&quot;:&quot;Lease term flexibility&quot;,&quot;value&quot;:&quot;Medium Flexibility level&quot;,&quot;description&quot;:&quot;Moderate options for lease adjustments&quot;},{&quot;label&quot;:&quot;Available retail space&quot;,&quot;value&quot;:&quot;2,000 sqm&quot;,&quot;description&quot;:&quot;Current available space for new tenants&quot;}],&quot;Accessibility \u0026 Infrastructure&quot;:[{&quot;label&quot;:&quot;Proximity to main roads&quot;,&quot;value&quot;:&quot;High Proximity level&quot;,&quot;description&quot;:&quot;Close to major highways and coastal roads&quot;},{&quot;label&quot;:&quot;Public transport access&quot;,&quot;value&quot;:&quot;Yes Access&quot;,&quot;description&quot;:&quot;Direct access via buses and local transit&quot;},{&quot;label&quot;:&quot;Parking spaces&quot;,&quot;value&quot;:&quot;1,200 Spaces&quot;,&quot;description&quot;:&quot;Total parking capacity for vehicles&quot;},{&quot;label&quot;:&quot;Pedestrian traffic&quot;,&quot;value&quot;:&quot;High Traffic level&quot;,&quot;description&quot;:&quot;Strong foot traffic from nearby urban areas&quot;}],&quot;Digital \u0026 E-commerce Trends&quot;:[{&quot;label&quot;:&quot;E-commerce competition&quot;,&quot;value&quot;:&quot;High Competition level&quot;,&quot;description&quot;:&quot;Strong online retail competition in Chile&quot;},{&quot;label&quot;:&quot;Click-and-collect adoption&quot;,&quot;value&quot;:&quot;40.0&quot;,&quot;description&quot;:&quot;Percentage of shoppers using click-and-collect services&quot;},{&quot;label&quot;:&quot;Internet penetration&quot;,&quot;value&quot;:&quot;91.0&quot;,&quot;description&quot;:&quot;Internet usage rate in Chile&quot;}],&quot;Safety \u0026 Security&quot;:[{&quot;label&quot;:&quot;Retail crime rate&quot;,&quot;value&quot;:&quot;Low Rate level&quot;,&quot;description&quot;:&quot;Relatively low incidence of retail theft in secure malls&quot;},{&quot;label&quot;:&quot;Security measures&quot;,&quot;value&quot;:&quot;CCTV, guards, patrols 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;50 Events per year&quot;,&quot;description&quot;:&quot;Number of marketing and promotional events annually&quot;},{&quot;label&quot;:&quot;Loyalty program penetration&quot;,&quot;value&quot;:&quot;20.0&quot;,&quot;description&quot;:&quot;Percentage of shoppers enrolled in loyalty programs&quot;},{&quot;label&quot;:&quot;Digital signage presence&quot;,&quot;value&quot;:&quot;Yes Presence&quot;,&quot;description&quot;:&quot;Digital screens for promotions and information&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;Expected annual increase in visitors&quot;},{&quot;label&quot;:&quot;New tenant pipeline&quot;,&quot;value&quot;:&quot;Yes Pipeline&quot;,&quot;description&quot;:&quot;Ongoing recruitment of new retailers&quot;},{&quot;label&quot;:&quot;Mall expansion plans&quot;,&quot;value&quot;:&quot;Planned Status&quot;,&quot;description&quot;:&quot;Future expansions under consideration by Parque Arauco&quot;}]}" data-map-mapbox-token-value="pk.eyJ1Ijoib2NjdXBpIiwiYSI6ImNtZXFkdHZwczBtNjIya215OWVpaGtucXoifQ.xiNo8HmyyKim2YrJ3LdqdQ" data-map-nearby-malls-value="{&quot;primary&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;:0.73,&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;:0.86,&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;: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;: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;:1.96,&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;:0.57,&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;: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;:2.07,&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;:4004,&quot;slug&quot;:&quot;mall-marina-arauco&quot;,&quot;name&quot;:&quot;Mall Marina Arauco&quot;,&quot;lat&quot;:&quot;-33.0088361&quot;,&quot;lng&quot;:&quot;-71.5472973&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Mall Marina Arauco is a major regional shopping center located at Avenida Libertad 1348 in Vina del Mar, Chile, a coastal city known for its tourism and affluent residential areas. Opened in 1999 and expanded multiple times, the mall features a total gross leasable area (GLA) of approximately 97,000 square meters, including anchors such as Ripley department store, Paris department store, Jumbo supermarket, and Cinemark cinemas. The tenant mix emphasizes fashion, home goods, dining, and entertainment, with around 200 stores, a food court, and specialty restaurants. Owned jointly by Parque Arauco S.A. and Ripley Corp., it benefits from strong operational management and high visibility in a market driven by local residents and seasonal tourists. In the Vina del Mar retail landscape, it holds a premium position among several competing malls, supported by robust post-pandemic recovery. Occupancy rates for the parent groups portfolio averaged 95% in 2024, reflecting stable demand. Footfall is influenced by the citys 330,000 residents plus summer influx of over 1 million visitors, though exact figures are not publicly detailed; comparable regional malls report 1-2 million annual visitors. Rent levels are competitive for Chile, estimated at 20-30 USD per sqm monthly for prime spaces, varying by category. Accessibility is strong with 1,576 parking spaces and proximity to public transport and highways. Market factors include seasonal tourism boosting sales in Q4, but challenges from economic volatility in Chile and e-commerce growth. Leasing advantages include high dwell time due to entertainment offerings and a balanced tenant mix that drives cross-shopping, with sales per sqm around 500-600 USD annually based on group averages. Drawbacks encompass aging infrastructure from the 1990s build requiring maintenance investments, competition from nearby malls like Enjoy Viña del Mar and open-air retail, and saturation in fashion categories. Risks involve tourism dependency, potentially leading to off-season footfall dips of 20-30%, and rising operational costs amid inflation. Overall, it offers solid performance for retailers targeting middle-to-upper income demographics, but requires strategies to counter digital retail shifts and enhance experiential elements for sustained viability.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Viña Del Mar&quot;},&quot;anchor_tenants&quot;:&quot;Ripley, Paris, Jumbo, Cinemark&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;89500&quot;,&quot;anchor_tenants&quot;:&quot;Ripley, Paris, Jumbo, Cinemark&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;:15.56,&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" id="mall-map-wrapper"><div data-city="Viña Del Mar" data-current-mall="true" data-id="mall-marina" data-lat="-33.0089245" data-lng="-71.5482706" data-map-target="mall" data-name="Mall Marina" 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 km radius km</div><div class="stat-label">Primary Catchment Area</div></div><div class="stat-card"><div class="stat-value">20 km radius km</div><div class="stat-label">Secondary Catchment Area</div></div><div class="stat-card"><div class="stat-value">400,000 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">12,000 USD per year</div><div class="stat-label">Median household income</div></div><div class="stat-card"><div class="stat-value">8.4</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">1,200 USD per year</div><div class="stat-label">Retail spending per capita</div></div><div class="stat-card"><div class="stat-value">200 USD per year</div><div class="stat-label">Spending on apparel</div></div><div class="stat-card"><div class="stat-value">1,000 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">5,000,000 Visitors per year</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">30.0</div><div class="stat-label">Conversion rate</div></div><div class="stat-card"><div class="stat-value">5,000 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 Presence</div><div class="stat-label">Anchor tenant presence</div></div><div class="stat-card"><div class="stat-value">Medium Density level</div><div class="stat-label">Competitor density (same category)</div></div><div class="stat-card"><div class="stat-value">High Diversity level</div><div class="stat-label">Tenant diversity</div></div></div></div><div class="stats-category"><h5>Real Estate &amp; Leasing</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">50,000 sqm</div><div class="stat-label">Gross Leasable Area</div></div><div class="stat-card"><div class="stat-value">3 Levels</div><div class="stat-label">Number of Levels</div></div><div class="stat-card"><div class="stat-value">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">High Proximity level</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">1,200 Spaces</div><div class="stat-label">Parking spaces</div></div><div class="stat-card"><div class="stat-value">High Traffic level</div><div class="stat-label">Pedestrian traffic</div></div></div></div><div class="stats-category"><h5>Digital &amp; E-commerce Trends</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">High Competition level</div><div class="stat-label">E-commerce competition</div></div><div class="stat-card"><div class="stat-value">40.0</div><div class="stat-label">Click-and-collect adoption</div></div><div class="stat-card"><div class="stat-value">91.0</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 level</div><div class="stat-label">Retail crime rate</div></div><div class="stat-card"><div class="stat-value">CCTV, guards, patrols 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">50 Events per year</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 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">2.0</div><div class="stat-label">Projected foot traffic growth</div></div><div class="stat-card"><div class="stat-value">Yes Pipeline</div><div class="stat-label">New tenant pipeline</div></div><div class="stat-card"><div class="stat-value">Planned Status</div><div class="stat-label">Mall expansion plans</div></div></div></div></div></div></div></template></turbo-stream>