<turbo-stream action="replace" target="mall-map-wrapper"><template><div data-controller="map" data-lat="23.1325" data-lng="-82.3589" data-map-catchment-data-value="{&quot;lat&quot;:&quot;23.1325&quot;,&quot;lng&quot;:&quot;-82.3589&quot;,&quot;primary_radius&quot;:5.0,&quot;secondary_radius&quot;:15.0,&quot;population&quot;:2100000}" data-map-demographic-summary-value="{&quot;Mall Demographics&quot;:[{&quot;label&quot;:&quot;Primary Catchment Area&quot;,&quot;value&quot;:&quot;5 km Radius&quot;,&quot;description&quot;:&quot;Core area around Old Havana focusing on local residents and tourists&quot;},{&quot;label&quot;:&quot;Secondary Catchment Area&quot;,&quot;value&quot;:&quot;20 km Radius&quot;,&quot;description&quot;:&quot;Extended area including greater Havana metropolitan region&quot;},{&quot;label&quot;:&quot;Catchment area population&quot;,&quot;value&quot;:&quot;2,100,000 People&quot;,&quot;description&quot;:&quot;Total population of Havana as primary market, including residents and visitors&quot;},{&quot;label&quot;:&quot;Population growth rate&quot;,&quot;value&quot;:&quot;0.5&quot;,&quot;description&quot;:&quot;Estimated slow growth due to economic factors in Cuba&quot;},{&quot;label&quot;:&quot;Median age&quot;,&quot;value&quot;:&quot;41.5 Years&quot;,&quot;description&quot;:&quot;National median age applied to Havana demographics&quot;},{&quot;label&quot;:&quot;Household size&quot;,&quot;value&quot;:&quot;3.2 Persons&quot;,&quot;description&quot;:&quot;Average household size in urban Cuba&quot;},{&quot;label&quot;:&quot;Education level (tertiary)&quot;,&quot;value&quot;:&quot;25.0&quot;,&quot;description&quot;:&quot;Percentage of population with higher education in Havana&quot;}],&quot;Economic Indicators&quot;:[{&quot;label&quot;:&quot;Median household income&quot;,&quot;value&quot;:&quot;50 USD per month&quot;,&quot;description&quot;:&quot;Average wage in Cuba, though mall targets higher-income tourists&quot;},{&quot;label&quot;:&quot;Unemployment rate&quot;,&quot;value&quot;:&quot;1.3&quot;,&quot;description&quot;:&quot;Official Cuban unemployment rate&quot;},{&quot;label&quot;:&quot;Cost of living index&quot;,&quot;value&quot;:&quot;40 Index (NY=100)&quot;,&quot;description&quot;:&quot;Low cost of living in Cuba compared to global standards&quot;}],&quot;Consumer Spending&quot;:[{&quot;label&quot;:&quot;Retail spending per capita&quot;,&quot;value&quot;:&quot;150 USD per year&quot;,&quot;description&quot;:&quot;Estimated annual retail spend in Havana, boosted by tourism&quot;},{&quot;label&quot;:&quot;Spending on apparel&quot;,&quot;value&quot;:&quot;30 USD per capita per year&quot;,&quot;description&quot;:&quot;Portion of retail spend on clothing and fashion&quot;},{&quot;label&quot;:&quot;Spending on groceries&quot;,&quot;value&quot;:&quot;60 USD per capita per year&quot;,&quot;description&quot;:&quot;Daily essentials spending in local currency equivalent&quot;},{&quot;label&quot;:&quot;Spending on electronics&quot;,&quot;value&quot;:&quot;20 USD per capita per year&quot;,&quot;description&quot;:&quot;Limited due to import restrictions, higher for luxury items&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 based on tourist influx to Old Havana area&quot;},{&quot;label&quot;:&quot;Dwell time&quot;,&quot;value&quot;:&quot;45 Minutes&quot;,&quot;description&quot;:&quot;Average time spent by visitors in the shopping arcade&quot;},{&quot;label&quot;:&quot;Conversion rate&quot;,&quot;value&quot;:&quot;15.0&quot;,&quot;description&quot;:&quot;Percentage of visitors making a purchase, tourist-driven&quot;},{&quot;label&quot;:&quot;Sales per square meter&quot;,&quot;value&quot;:&quot;5,000 USD per year&quot;,&quot;description&quot;:&quot;Luxury mall performance estimate&quot;}],&quot;Competition \u0026 Tenant Mix&quot;:[{&quot;label&quot;:&quot;Number of retail stores&quot;,&quot;value&quot;:&quot;12 Stores&quot;,&quot;description&quot;:&quot;Luxury brands in the arcade including international names&quot;},{&quot;label&quot;:&quot;Anchor tenant presence&quot;,&quot;value&quot;:&quot;Yes Boolean&quot;,&quot;description&quot;:&quot;Features high-end anchors like hotel and luxury shops&quot;},{&quot;label&quot;:&quot;Competitor density (same category)&quot;,&quot;value&quot;:&quot;Low Qualitative&quot;,&quot;description&quot;:&quot;Few luxury competitors in Havana&quot;},{&quot;label&quot;:&quot;Tenant diversity&quot;,&quot;value&quot;:&quot;High Qualitative&quot;,&quot;description&quot;:&quot;Mix of fashion, jewelry, and accessories&quot;},{&quot;label&quot;:&quot;Unique Concepts&quot;,&quot;value&quot;:&quot;Luxury tourist focus Qualitative&quot;,&quot;description&quot;:&quot;First European-style luxury arcade in Cuba&quot;}],&quot;Real Estate \u0026 Leasing&quot;:[{&quot;label&quot;:&quot;Gross Leasable Area&quot;,&quot;value&quot;:&quot;4,000 sqm&quot;,&quot;description&quot;:&quot;Estimated retail space in historic building&quot;},{&quot;label&quot;:&quot;Number of Levels&quot;,&quot;value&quot;:&quot;4 Levels&quot;,&quot;description&quot;:&quot;Multi-story structure in Old Havana&quot;},{&quot;label&quot;:&quot;Average rent per square meter&quot;,&quot;value&quot;:&quot;200 USD per month&quot;,&quot;description&quot;:&quot;High for luxury location, estimated&quot;},{&quot;label&quot;:&quot;Vacancy rate&quot;,&quot;value&quot;:&quot;5.0&quot;,&quot;description&quot;:&quot;Low vacancy in prime tourist spot&quot;},{&quot;label&quot;:&quot;Lease term flexibility&quot;,&quot;value&quot;:&quot;Medium Qualitative&quot;,&quot;description&quot;:&quot;Standard terms with some flexibility for internationals&quot;},{&quot;label&quot;:&quot;Available retail space&quot;,&quot;value&quot;:&quot;500 Square meters&quot;,&quot;description&quot;:&quot;Estimated current availability&quot;}],&quot;Accessibility \u0026 Infrastructure&quot;:[{&quot;label&quot;:&quot;Proximity to main roads&quot;,&quot;value&quot;:&quot;Direct Qualitative&quot;,&quot;description&quot;:&quot;Adjacent to Prado and central avenues&quot;},{&quot;label&quot;:&quot;Public transport access&quot;,&quot;value&quot;:&quot;High Qualitative&quot;,&quot;description&quot;:&quot;Near bus stops and tourist transport in Old Havana&quot;},{&quot;label&quot;:&quot;Parking spaces&quot;,&quot;value&quot;:&quot;Limited Qualitative&quot;,&quot;description&quot;:&quot;Street parking only, no dedicated lot in historic area&quot;},{&quot;label&quot;:&quot;Pedestrian traffic&quot;,&quot;value&quot;:&quot;High Qualitative&quot;,&quot;description&quot;:&quot;Central location with heavy foot traffic from park and sites&quot;}],&quot;Digital \u0026 E-commerce Trends&quot;:[{&quot;label&quot;:&quot;E-commerce competition&quot;,&quot;value&quot;:&quot;Low Qualitative&quot;,&quot;description&quot;:&quot;Limited internet and e-commerce in Cuba&quot;},{&quot;label&quot;:&quot;Click-and-collect adoption&quot;,&quot;value&quot;:&quot;Low %&quot;,&quot;description&quot;:&quot;Minimal due to infrastructure constraints&quot;},{&quot;label&quot;:&quot;Internet penetration&quot;,&quot;value&quot;:&quot;70.0&quot;,&quot;description&quot;:&quot;National penetration rate, higher in urban areas&quot;}],&quot;Safety \u0026 Security&quot;:[{&quot;label&quot;:&quot;Retail crime rate&quot;,&quot;value&quot;:&quot;Low Qualitative&quot;,&quot;description&quot;:&quot;Secure area with tourist police presence&quot;},{&quot;label&quot;:&quot;Security measures&quot;,&quot;value&quot;:&quot;High Qualitative&quot;,&quot;description&quot;:&quot;CCTV, guards, and hotel security integration&quot;}],&quot;Marketing \u0026 Events&quot;:[{&quot;label&quot;:&quot;Promotional events&quot;,&quot;value&quot;:&quot;Seasonal Qualitative&quot;,&quot;description&quot;:&quot;Tourist-oriented promotions and cultural events&quot;},{&quot;label&quot;:&quot;Loyalty program penetration&quot;,&quot;value&quot;:&quot;10.0&quot;,&quot;description&quot;:&quot;Limited to high-end customers and tourists&quot;},{&quot;label&quot;:&quot;Digital signage presence&quot;,&quot;value&quot;:&quot;Medium Qualitative&quot;,&quot;description&quot;:&quot;Some digital displays in luxury setting&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;Tied to tourism recovery post-2020&quot;},{&quot;label&quot;:&quot;New tenant pipeline&quot;,&quot;value&quot;:&quot;Ongoing Qualitative&quot;,&quot;description&quot;:&quot;Attracting more international brands&quot;},{&quot;label&quot;:&quot;Mall expansion plans&quot;,&quot;value&quot;:&quot;nan Qualitative&quot;,&quot;description&quot;:&quot;Historic building limits physical expansion&quot;}]}" data-map-mapbox-token-value="pk.eyJ1Ijoib2NjdXBpIiwiYSI6ImNtZXFkdHZwczBtNjIya215OWVpaGtucXoifQ.xiNo8HmyyKim2YrJ3LdqdQ" data-map-nearby-malls-value="{&quot;primary&quot;:[{&quot;id&quot;:8804,&quot;slug&quot;:&quot;3ra-y-70-shopping-center&quot;,&quot;name&quot;:&quot;3ra Y 70 Shopping Center&quot;,&quot;lat&quot;:&quot;23.11211&quot;,&quot;lng&quot;:&quot;-82.34806&quot;,&quot;property_type&quot;:&quot;Shopping Centre&quot;,&quot;description&quot;:&quot;The 3ra y 70 Shopping Center, situated at 3rd Avenue and 70th Street in Miramars upscale district of Havana, Cuba, functions as a contemporary retail venue targeting tourists, expatriates, and affluent locals. Established with recent 2025 expansions, it anchors around a high-end supermarket stocking imported groceries, luxury goods, and household essentials, exclusively accepting USD cash or cards amid Cubas economic constraints. Positioned next to the Gran Muthu Habana Hotel, it draws steady footfall from hotel visitors and nearby diplomatic enclaves. Tenant mix comprises the primary supermarket, select boutiques for apparel and electronics, artisan stalls with local crafts, and eateries offering Cuban fare. In the context of Cubas retail landscape, marked by state control and currency divides, this center occupies a premium niche in Miramar, an area known for low-density residences and international presence. Leasing opportunities present advantages such as elevated margins from foreign currency dealings, modern infrastructure with air conditioning and utilities superior to older Havana sites, and synergy with tourism growth. Footfall estimates range from 5,000 to 10,000 weekly visitors, with occupancy near 90 percent based on observed activity. Rent levels approximate 20-30 USD per square meter monthly for key spaces, though official data is scarce due to limited transparency. Accessibility benefits from broad avenues supporting vehicular access, yet public transit lags. Challenges include economic instability, payment restrictions limiting local patronage, and rivalry from black-market vendors. Overall, it suits retailers focusing on import-dependent categories in a selective demographic.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Havana&quot;},&quot;anchor_tenants&quot;:&quot;Supermarket,Cafeterias&quot;,&quot;distance&quot;:2.52,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;20&quot;,&quot;gla_sqm&quot;:&quot;4000&quot;,&quot;anchor_tenants&quot;:&quot;Supermarket,Cafeterias&quot;}},{&quot;id&quot;:8803,&quot;slug&quot;:&quot;centro-comercial-el-prado&quot;,&quot;name&quot;:&quot;Centro Comercial El Prado&quot;,&quot;lat&quot;:&quot;23.14&quot;,&quot;lng&quot;:&quot;-82.3553&quot;,&quot;property_type&quot;:&quot;Shopping Centre&quot;,&quot;description&quot;:&quot;Centro Comercial El Prado represents a vibrant commercial strip along the historic Paseo del Prado promenade in central Havana, Cuba, blending pedestrian-friendly retail spaces with cultural landmarks. Spanning from Parque Central to the Malecon seawall, this area functions as an open-air shopping district rather than a enclosed mall, featuring a mix of state-run stores, private boutiques, and artisan vendors. Its market position is strong due to its central location in Centro Habana, attracting both local residents and international tourists seeking authentic Cuban experiences. The tenant mix includes souvenir shops selling handicrafts, cigars, and rum; fashion outlets with imported and local apparel; art galleries showcasing contemporary Cuban artists; and casual eateries offering traditional cuisine. Leasing advantages lie in high visibility and footfall from proximity to major attractions like the Capitolio and Gran Teatro, with opportunities for pop-up or short-term leases amid Cubas evolving private sector reforms. However, challenges include economic constraints limiting local purchasing power, occasional supply shortages, and competition from nearby Old Havana markets. Occupancy rates hover around 80-90 percent in peak tourist seasons, supported by Havanass 2.1 million annual visitors, though overall retail sales remain modest at approximately 50-70 million USD annually for the district, per commercial real estate estimates. Accessibility via walking paths, classic cars, and public buses enhances appeal, but infrastructure aging poses maintenance risks. Demographic profile draws middle-income locals aged 25-55 and tourists primarily from Europe and Canada, with average daily footfall estimated at 5,000-10,000 persons. Rent levels range from 20-50 USD per square meter monthly for prime spots, influenced by state regulations and tourist premiums.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Havana&quot;},&quot;anchor_tenants&quot;:&quot;Tiendas Caribe, Local Boutiques&quot;,&quot;distance&quot;:0.91,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;40&quot;,&quot;gla_sqm&quot;:&quot;4000&quot;,&quot;anchor_tenants&quot;:&quot;Tiendas Caribe, Local Boutiques&quot;}},{&quot;id&quot;:8812,&quot;slug&quot;:&quot;habana-vieja-retail-plaza&quot;,&quot;name&quot;:&quot;Habana Vieja Retail Plaza&quot;,&quot;lat&quot;:&quot;23.1353&quot;,&quot;lng&quot;:&quot;-82.3492&quot;,&quot;property_type&quot;:&quot;Retail&quot;,&quot;description&quot;:&quot;Habana Vieja Retail Plaza, located in the historic core of Old Havana, a UNESCO World Heritage Site, serves as a vibrant retail hub drawing millions of tourists annually. The area encompasses key squares like Plaza Vieja and pedestrian streets such as Obispo, featuring a mix of state-owned and private enterprises under Cubas post-2012 economic reforms allowing limited private leasing. Tenant mix includes souvenir shops, art galleries, craft vendors, restaurants, cafes, and boutique clothing stores, catering primarily to international visitors seeking authentic Cuban goods. Market position is strong due to high footfall estimated at over 2 million visitors yearly, supported by proximity to landmarks like the Havana Cathedral and Malecón waterfront. Accessibility is pedestrian-friendly with cobblestone streets, though vehicle access is restricted; public transport via classic cars and buses aids reachability. Occupancy rates hover around 90-95 percent in prime spots, driven by tourism recovery post-pandemic, with average rents at 200-600 Cuban Pesos per square meter monthly, often in local currency but convertible options emerging for foreigners. Leasing advantages encompass cultural prestige enhancing brand visibility, stable demand from seasonal peaks (November-April), and operational support from the Office of the Historian of Havana, which oversees preservation. However, drawbacks include regulatory hurdles for private tenants, economic volatility affecting consumer spending, and competition from emerging retail in Vedado district. Infrastructure challenges arise from aging colonial buildings requiring maintenance, potentially increasing operational costs. Retail performance metrics show solid sales in tourism-related categories, but saturation in souvenirs poses risks; market reports from Cuban tourism boards indicate average dwell time of 2-3 hours per visitor, boosting impulse buys. Overall, the plaza offers balanced opportunities for retailers targeting experiential shopping in a culturally rich setting, tempered by Cubas unique socio-economic context.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Havana&quot;},&quot;anchor_tenants&quot;:&quot;Camera Obscura, La Vitrola Restaurant, Art Galleries&quot;,&quot;distance&quot;:1.04,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;50&quot;,&quot;gla_sqm&quot;:&quot;3000&quot;,&quot;anchor_tenants&quot;:&quot;Camera Obscura, La Vitrola Restaurant, Art Galleries&quot;}},{&quot;id&quot;:8800,&quot;slug&quot;:&quot;galerias-de-la-habana&quot;,&quot;name&quot;:&quot;Galerías De La Habana&quot;,&quot;lat&quot;:&quot;23.1401&quot;,&quot;lng&quot;:&quot;-82.4026&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Galerías De La Habana is a state-owned retail center in Havana, Cuba, situated at Paseo y Calle 1, built in 1990 with 10,000 sqm of gross leasable area over two levels. It hosts 25 stores, anchored by a supermarket and boutiques, emphasizing five concepts: daily essentials, pharmacy and health services, quick-service dining, personal services, and basic home decor. Occupancy remains low at 10%, reflecting broader economic challenges in Cuba&#39;s retail sector. Annual footfall totals 400,000 visitors, averaging 33,333 monthly with 45-minute stays, driven by 40% shopping and 35% dining purposes. Rent is fixed at 50 USD per sqm per year, providing affordability amid limited consumer spending, estimated at 150 USD annually per capita on goods. Accessibility benefits from 0.5 km proximity to key transport and 150 parking spaces, supporting a 5 km radius demographic of 500,000 residents aged 41 on average in 3.2-person households. Market position is medium-scale in a saturated urban area with 3 competing malls per sq km, offering 2% growth potential and 5 recent tenants. Leasing suits essential retail but faces risks from low digital engagement (10% adoption) and demands for diverse, trendy options. Strengths include solid infrastructure and 12 annual events; drawbacks involve aging facilities and state controls limiting flexibility.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Havana&quot;},&quot;anchor_tenants&quot;:&quot;Supermercado, Boutiques&quot;,&quot;distance&quot;:4.55,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;25&quot;,&quot;gla_sqm&quot;:&quot;10000&quot;,&quot;anchor_tenants&quot;:&quot;Supermercado, Boutiques&quot;}},{&quot;id&quot;:8808,&quot;slug&quot;:&quot;plaza-de-la-revolucion-retail-center&quot;,&quot;name&quot;:&quot;Plaza De La Revolución Retail Center&quot;,&quot;lat&quot;:&quot;23.1136&quot;,&quot;lng&quot;:&quot;-82.3665&quot;,&quot;property_type&quot;:&quot;Retail&quot;,&quot;description&quot;:&quot;Plaza de la Revolución Retail Center is a modest shopping facility located in the heart of Havanals governmental and residential district, spanning approximately 15,000 square meters with a focus on everyday consumer goods and services. Opened in the early 2000s as part of urban revitalization efforts, it serves a local population of over 200,000 residents in the Plaza de la Revolución municipality, supplemented by occasional tourist footfall due to proximity to the iconic Revolution Square. The tenant mix includes state-run supermarkets, pharmacies, and basic apparel outlets, alongside emerging private micro-enterprises offering electronics repairs and imported snacks, reflecting Cubals evolving economic model post-2010 reforms. Market position is secondary to prime tourist hubs like Old Havana, with average occupancy at 65 percent amid supply chain constraints from the U.S. embargo. Rent levels range from 10 to 20 Cuban Convertible Pesos per square meter monthly, adjusted for foreign currency transactions, providing affordability for small retailers but limited scalability. Accessibility via public buses and taxis is adequate, though parking is constrained to 200 spots. Strengths include stable local demand for essentials and government-backed infrastructure maintenance, while drawbacks encompass inconsistent inventory availability and competition from informal street vendors. Leasing advantages lie in low entry barriers and community loyalty, but risks involve currency fluctuations and regulatory changes in private sector participation. Overall, it suits budget-oriented retailers targeting middle-income families rather than luxury or high-traffic brands, with annual footfall estimated at 1.5 million visitors based on municipal traffic data.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Havana&quot;},&quot;anchor_tenants&quot;:&quot;Local State Stores, Supermarket&quot;,&quot;distance&quot;:2.24,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;40&quot;,&quot;gla_sqm&quot;:&quot;4000&quot;,&quot;anchor_tenants&quot;:&quot;Local State Stores, Supermarket&quot;}},{&quot;id&quot;:8801,&quot;slug&quot;:&quot;villa-panamericana-shopping-area&quot;,&quot;name&quot;:&quot;Villa Panamericana Shopping Area&quot;,&quot;lat&quot;:&quot;23.135&quot;,&quot;lng&quot;:&quot;-82.394&quot;,&quot;property_type&quot;:&quot;Neighborhood&quot;,&quot;description&quot;:&quot;Villa Panamericana Shopping Area serves as a local commercial zone in the Habana del Este district of Havana, Cuba, integrated within a neighborhood developed in 1991 for the Pan-American Games. This area encompasses a mini-super market, small retail outlets, and occasional agropecuario markets, focusing on essential goods such as groceries, household supplies, basic clothing, and pharmaceuticals. It caters primarily to the residential community of approximately 5,000 to 10,000 inhabitants, comprising working-class families and some seasonal residents. The tenant mix is dominated by state-operated stores and a growing number of private micro-enterprises permitted under Cuba&#39;s economic reforms since 2010, offering limited variety but reliable access to daily necessities. Positioned near the coastal Hotel Panamericano and sports facilities like the Estadio Panamericano, it draws moderate tourist spillover, enhancing footfall during peak seasons. Market position is secondary to major Havana retail hubs like the Palacio de la Artesanía or Vendado commercial strips, with occupancy rates estimated at 75-85% for core spaces, reflecting stable demand for basics amid economic constraints. Rent levels are modest, typically 400-800 Cuban Pesos (CUP) per square meter annually for local leases, with opportunities for foreign-involved ventures in convertible currency at higher rates around 10-20 USD equivalent per sqm. Accessibility is facilitated by the Vía Monumental highway, though public transport options are inconsistent. Leasing advantages include low entry barriers for community-oriented retailers and potential for steady, albeit low-margin, sales in an underserved peripheral location. Drawbacks encompass restricted consumer spending power due to average monthly incomes of 2,000-4,000 CUP, supply chain disruptions from import dependencies, and competition from informal markets or larger centers in nearby Alamar. Operational quality varies, with some aging infrastructure from the 1990s era posing maintenance risks, while demographic profiles favor family-oriented retail over luxury segments.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Havana&quot;},&quot;anchor_tenants&quot;:&quot;CIMEX,TRD Caribe,Caracol&quot;,&quot;distance&quot;:3.6,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;20&quot;,&quot;gla_sqm&quot;:&quot;8000&quot;,&quot;anchor_tenants&quot;:&quot;CIMEX,TRD Caribe,Caracol&quot;}},{&quot;id&quot;:8810,&quot;slug&quot;:&quot;el-encanto-commercial-center&quot;,&quot;name&quot;:&quot;El Encanto Commercial Center&quot;,&quot;lat&quot;:&quot;23.1333&quot;,&quot;lng&quot;:&quot;-82.3708&quot;,&quot;property_type&quot;:&quot;Shopping Centre&quot;,&quot;description&quot;:&quot;El Encanto Commercial Center, located in central Havana, Cuba, is a historic retail property originally established in the early 20th century as a prominent department store chain. Destroyed by fire in 1961, remnants and associated commercial spaces have been repurposed into a modest shopping area serving local residents and tourists. The center spans approximately 10,000 square meters with a tenant mix focused on apparel, household goods, groceries, and basic services, predominantly state-operated outlets supplemented by limited private micro-enterprises since economic reforms in 2011. Market position is niche, targeting middle to low-income demographics in a densely populated urban zone with footfall estimated at 5,000-7,000 daily visitors, driven by proximity to residential neighborhoods and public transport hubs like the Galiano area. Occupancy stands at around 85%, with rent levels averaging 10-20 CUC per square meter monthly for tourist-facing units, reflecting Cubas controlled economy where average wages hover near 500 CUP (about $20 USD). Accessibility is facilitated by bus lines and walking distance from key sites, though aging infrastructure poses challenges including intermittent power supply and maintenance issues. Strengths include loyal local customer base and low operational costs; drawbacks encompass limited product variety due to import restrictions, high competition from nearby state stores like Carlos III Plaza, and vulnerability to economic policies affecting currency convertibility. Leasing advantages lie in stable tenancy under government oversight and potential tourism rebound post-pandemic, with visitor numbers reaching 4.3 million in 2023 per Cuban tourism reports. However, risks involve market saturation in basic goods categories and external factors like U.S. embargo limiting supply chains. Overall, it suits budget-oriented retailers focusing on essentials rather than luxury segments.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Havana&quot;},&quot;anchor_tenants&quot;:&quot;&quot;,&quot;distance&quot;:1.22,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;15&quot;,&quot;gla_sqm&quot;:&quot;4500&quot;,&quot;anchor_tenants&quot;:&quot;&quot;}},{&quot;id&quot;:8802,&quot;slug&quot;:&quot;centro-comercial-19-y-b&quot;,&quot;name&quot;:&quot;Centro Comercial 19 Y B&quot;,&quot;lat&quot;:&quot;23.13457&quot;,&quot;lng&quot;:&quot;-82.39428&quot;,&quot;property_type&quot;:&quot;Retail&quot;,&quot;description&quot;:&quot;Located in the upscale Vedado neighborhood of Havana, Cuba, at the intersection of Calle 19 and Calle B, this property functions primarily as an open-air farmers market known as Mercado Agropecuario 19 y B. Established as a key produce hub, it features around 50 stalls offering fresh fruits, vegetables, meats, and some imported goods, with a focus on higher-quality items compared to other markets in the city. The tenant mix includes independent vendors, small family-run operations, and occasional state-affiliated sellers, catering to local residents, diplomats, and tourists. Occupancy remains high at approximately 90%, driven by daily footfall estimated at 1,000-2,000 visitors, peaking on weekends. Accessibility is strong via public buses, taxis, and walking from nearby residential areas, though parking is limited. Rent levels for stalls are modest, around 100-300 USD monthly in foreign currency, reflecting Cubas dual-currency system remnants post-reform. Market position is favorable in a neighborhood with a demographic profile of middle-income professionals, expats, and government officials, contributing to average sales per vendor of 500-1,000 USD weekly. Strengths include vibrant community atmosphere and low operational costs, but drawbacks involve seasonal produce variability and competition from nearby dollar stores. Overall, it offers stable leasing for food-related retail amid Havanas recovering economy, influenced by tourism rebound and private sector growth, yet challenged by national supply chain issues and economic volatility.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Havana&quot;},&quot;anchor_tenants&quot;:&quot;&quot;,&quot;distance&quot;:3.63,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;40&quot;,&quot;gla_sqm&quot;:&quot;1800&quot;,&quot;anchor_tenants&quot;:&quot;&quot;}}],&quot;secondary&quot;:[{&quot;id&quot;:8809,&quot;slug&quot;:&quot;miramar-trade-center&quot;,&quot;name&quot;:&quot;Miramar Trade Center&quot;,&quot;lat&quot;:&quot;23.1083&quot;,&quot;lng&quot;:&quot;-82.415&quot;,&quot;property_type&quot;:&quot;Mixed-Use&quot;,&quot;description&quot;:&quot;The Miramar Trade Center is a mixed-use office and retail complex located in the Miramar district of Havana, Cuba, spanning six buildings with about 56,000 square meters of net rentable space. Developed from 1999 to 2006 through a joint venture between Corporación CIMEX S.A. and CEIBA Investments Ltd., it anchors Havana&#39;s emerging business district opposite the Meliá Habana Hotel, between Avenues 3ra and 5ta and Streets 70 and 80. The tenant mix combines approximately 150 office tenants, including travel agencies and airline offices, with ground-floor retail such as pharmacies, restaurants, cafeterias, appliance stores, grocery markets, and jewelry shops, making it Cuba&#39;s largest shopping center. Market position benefits from Miramar&#39;s affluent, diplomatic neighborhood, attracting expatriates, business professionals, and upper-middle-class locals amid gradual economic reforms. Leasing advantages include flexible spaces from 50 to 7,000 square meters per floor, covered parking for 200 cars, and high visibility along major avenues, ideal for international retailers testing the Cuban market. However, challenges arise from limited consumer spending due to economic constraints, currency controls, and U.S. embargo impacts, resulting in moderate footfall focused on essentials rather than luxury. Occupancy remains strong in completed phases, but unrealized expansion plans and regulatory barriers for foreign leases introduce uncertainty. Accessibility via 5th Avenue supports local traffic, though public transport limitations and competition from informal vendors affect performance. Overall, it suits niche retailers in services and daily goods, with risks tied to political and market volatility.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Havana&quot;},&quot;anchor_tenants&quot;:&quot;Various international firms and retail stores including Cafeteria Amelia, Casa del Vino&quot;,&quot;distance&quot;:6.34,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;20&quot;,&quot;gla_sqm&quot;:&quot;55600&quot;,&quot;anchor_tenants&quot;:&quot;Various international firms and retail stores including Cafeteria Amelia, Casa del Vino&quot;}},{&quot;id&quot;:8806,&quot;slug&quot;:&quot;centro-comercial-la-cecilia&quot;,&quot;name&quot;:&quot;Centro Comercial La Cecilia&quot;,&quot;lat&quot;:&quot;23.1167&quot;,&quot;lng&quot;:&quot;-82.4147&quot;,&quot;property_type&quot;:&quot;Shopping Centre&quot;,&quot;description&quot;:&quot;Centro Comercial La Cecilia is a mid-sized shopping center located in the Miramar neighborhood of Havana, Cuba, along Avenida 3ra, a prominent commercial artery in the western part of the city. Opened in the early 2000s, it serves as a local hub for retail and leisure activities, spanning approximately 10,000 square meters with a mix of ground-floor shops and upper-level amenities. The property features around 40-50 tenants, primarily state-affiliated outlets and a growing number of private micro-enterprises following Cubas economic reforms. Tenant mix includes everyday essentials like groceries and household goods from stores such as TRD Caribe, alongside fashion boutiques, electronics vendors, and a few international brands limited by import restrictions. Dining options comprise casual eateries offering Cuban cuisine and fast food, with some cultural events hosted periodically. Market position: Positioned in upscale Miramar, it caters to middle-class locals, expatriates, and tourists seeking authentic shopping experiences away from Old Havanas crowded markets. Footfall averages 5,000-7,000 visitors daily on weekends, bolstered by proximity to residential areas and offices, though weekdays see lower traffic around 2,000-3,000. Occupancy stands at about 85-90%, reflecting steady demand amid Cubas retail sector shift where private sales overtook state in 2025 per economic reports. Rent levels range from $15-25 per square meter monthly in local currency equivalents, with leasing advantages including flexible terms for small-format retailers and government incentives for private lessees under recent policies. Accessibility is strong via public buses and taxis along Avenida 3ra, but challenges include occasional infrastructure issues like power outages due to national grid problems. Overall, it offers stable leasing opportunities in a transitioning market, though risks from economic volatility and supply chain disruptions persist.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Havana&quot;},&quot;anchor_tenants&quot;:&quot;La Cecilia Restaurant, Local Boutiques&quot;,&quot;distance&quot;:5.97,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;25&quot;,&quot;gla_sqm&quot;:&quot;4000&quot;,&quot;anchor_tenants&quot;:&quot;La Cecilia Restaurant, Local Boutiques&quot;}},{&quot;id&quot;:8807,&quot;slug&quot;:&quot;centro-de-compras-la-vibora&quot;,&quot;name&quot;:&quot;Centro De Compras La Vibora&quot;,&quot;lat&quot;:&quot;23.038&quot;,&quot;lng&quot;:&quot;-82.38&quot;,&quot;property_type&quot;:&quot;Neighborhood&quot;,&quot;description&quot;:&quot;Centro de Compras La Vibora is a modest local shopping center situated in the La Víbora neighborhood of Havana&#39;s Diez de Octubre municipality, a densely populated residential area known for its mid-20th-century housing and community-oriented vibe. Established as a state-managed facility, it primarily serves everyday needs of local residents rather than tourists, with a gross leasable area estimated at around 5,000 square meters based on similar Cuban commercial properties. The tenant mix consists mainly of government-operated outlets including a basic supermarket, pharmacy, hardware store, and a few small service providers like a barber and repair shop, reflecting Cuba&#39;s centralized retail structure where private enterprise is limited. Market position is niche, focusing on essential goods amid Havana&#39;s constrained economy, with footfall driven by neighborhood proximity rather than destination appeal; average daily visitors hover around 500-800, per regional retail patterns. Occupancy stands at approximately 85%, typical for local centers, supported by stable state subsidies but challenged by import shortages. Rent levels are nominal, often in the range of 10-20 Cuban pesos per square meter monthly (equivalent to under $0.50 USD at official rates), making it accessible for basic operations but unprofitable for upscale retail. Accessibility is fair via local buses and walking, though infrastructure like potholed roads and unreliable public transport pose risks. Demographic profile includes working-class families with average household incomes below $50 monthly, emphasizing affordability over luxury. Operational quality is basic, with occasional power outages and aging facilities from the 1970s era, yet it benefits from low competition in hyper-local essentials. Leasing advantages include guaranteed demand from captive residents and minimal marketing needs, but drawbacks encompass economic volatility, supply chain disruptions due to U.S. embargo effects, and limited expansion potential under state oversight. Overall, it suits low-margin retailers targeting daily necessities in a stable community setting, though broader market saturation in groceries and weak categories like electronics hinder growth.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Havana&quot;},&quot;anchor_tenants&quot;:&quot;Local supermarket, clothing stores&quot;,&quot;distance&quot;:10.73,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;30&quot;,&quot;gla_sqm&quot;:&quot;8000&quot;,&quot;anchor_tenants&quot;:&quot;Local supermarket, clothing stores&quot;}}],&quot;outside&quot;:[]}" data-map-update-url-value="/malls/parque-central-shopping" id="mall-map-wrapper"><div data-city="Havana" data-current-mall="true" data-id="parque-central-shopping" data-lat="23.1325" data-lng="-82.3589" data-map-target="mall" data-name="Parque Central Shopping" 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</div><div class="stat-label">Primary Catchment Area</div></div><div class="stat-card"><div class="stat-value">20 km Radius</div><div class="stat-label">Secondary Catchment Area</div></div><div class="stat-card"><div class="stat-value">2,100,000 People</div><div class="stat-label">Catchment area population</div></div><div class="stat-card"><div class="stat-value">0.5</div><div class="stat-label">Population growth rate</div></div></div></div><div class="stats-category"><h5>Economic Indicators</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">50 USD per month</div><div class="stat-label">Median household income</div></div><div class="stat-card"><div class="stat-value">1.3</div><div class="stat-label">Unemployment rate</div></div><div class="stat-card"><div class="stat-value">40 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">150 USD per year</div><div class="stat-label">Retail spending per capita</div></div><div class="stat-card"><div class="stat-value">30 USD per capita per year</div><div class="stat-label">Spending on apparel</div></div><div class="stat-card"><div class="stat-value">60 USD per capita per year</div><div class="stat-label">Spending on groceries</div></div><div class="stat-card"><div class="stat-value">20 USD per capita per year</div><div class="stat-label">Spending on electronics</div></div></div></div><div class="stats-category"><h5>Mall Traffic &amp; Performance</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">500,000 Visitors</div><div class="stat-label">Annual foot traffic</div></div><div class="stat-card"><div class="stat-value">45 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">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">12 Stores</div><div class="stat-label">Number of retail stores</div></div><div class="stat-card"><div class="stat-value">Yes Boolean</div><div class="stat-label">Anchor tenant presence</div></div><div class="stat-card"><div class="stat-value">Low Qualitative</div><div class="stat-label">Competitor density (same category)</div></div><div class="stat-card"><div class="stat-value">High Qualitative</div><div class="stat-label">Tenant diversity</div></div></div></div><div class="stats-category"><h5>Real Estate &amp; Leasing</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">4,000 sqm</div><div class="stat-label">Gross Leasable Area</div></div><div class="stat-card"><div class="stat-value">4 Levels</div><div class="stat-label">Number of Levels</div></div><div class="stat-card"><div class="stat-value">200 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">Direct Qualitative</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 Qualitative</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">Low Qualitative</div><div class="stat-label">E-commerce competition</div></div><div class="stat-card"><div class="stat-value">Low %</div><div class="stat-label">Click-and-collect adoption</div></div><div class="stat-card"><div class="stat-value">70.0</div><div class="stat-label">Internet penetration</div></div></div></div><div class="stats-category"><h5>Safety &amp; Security</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">Low Qualitative</div><div class="stat-label">Retail crime rate</div></div><div class="stat-card"><div class="stat-value">High Qualitative</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">Seasonal Qualitative</div><div class="stat-label">Promotional events</div></div><div class="stat-card"><div class="stat-value">10.0</div><div class="stat-label">Loyalty program penetration</div></div><div class="stat-card"><div class="stat-value">Medium Qualitative</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 Qualitative</div><div class="stat-label">New tenant pipeline</div></div><div class="stat-card"><div class="stat-value">nan Qualitative</div><div class="stat-label">Mall expansion plans</div></div></div></div></div></div></div></template></turbo-stream>