<turbo-stream action="replace" target="mall-map-wrapper"><template><div data-controller="map" data-lat="23.1136" data-lng="-82.3665" data-map-catchment-data-value="{&quot;lat&quot;:&quot;23.1136&quot;,&quot;lng&quot;:&quot;-82.3665&quot;,&quot;primary_radius&quot;:5.0,&quot;secondary_radius&quot;:15.0,&quot;population&quot;:1000000}" data-map-demographic-summary-value="{&quot;Mall Demographics&quot;:[{&quot;label&quot;:&quot;Primary Catchment Area&quot;,&quot;value&quot;:&quot;5 km&quot;,&quot;description&quot;:&quot;Radius defining primary customer base around the mall in central Havana&quot;},{&quot;label&quot;:&quot;Secondary Catchment Area&quot;,&quot;value&quot;:&quot;10 km&quot;,&quot;description&quot;:&quot;Radius for secondary customers extending to broader Havana areas&quot;},{&quot;label&quot;:&quot;Catchment area population&quot;,&quot;value&quot;:&quot;1,000,000 People&quot;,&quot;description&quot;:&quot;Estimated total population within combined catchment areas based on Havana&#39;s 2.1 million residents&quot;},{&quot;label&quot;:&quot;Population growth rate&quot;,&quot;value&quot;:&quot;-0.3&quot;,&quot;description&quot;:&quot;Cuba&#39;s national population decline rate applied to Havana demographics&quot;},{&quot;label&quot;:&quot;Median age&quot;,&quot;value&quot;:&quot;42 Years&quot;,&quot;description&quot;:&quot;Median age in Havana, reflecting Cuba&#39;s aging population&quot;},{&quot;label&quot;:&quot;Household size&quot;,&quot;value&quot;:&quot;3.1 Persons&quot;,&quot;description&quot;:&quot;Average household size in urban Havana&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 Havana&quot;}],&quot;Economic Indicators&quot;:[{&quot;label&quot;:&quot;Median household income&quot;,&quot;value&quot;:&quot;50 USD/month&quot;,&quot;description&quot;:&quot;Estimated median monthly household income in Havana, based on average salaries around 16 USD per person&quot;},{&quot;label&quot;:&quot;Unemployment rate&quot;,&quot;value&quot;:&quot;2.0&quot;,&quot;description&quot;:&quot;Official unemployment rate in Cuba, applicable to Havana&quot;},{&quot;label&quot;:&quot;Cost of living index&quot;,&quot;value&quot;:&quot;50 Index (US=100)&quot;,&quot;description&quot;:&quot;Low cost of living in Cuba due to subsidies and state control&quot;}],&quot;Consumer Spending&quot;:[{&quot;label&quot;:&quot;Retail spending per capita&quot;,&quot;value&quot;:&quot;500 USD/year&quot;,&quot;description&quot;:&quot;Estimated annual retail spending per person in Havana, adjusted for low incomes&quot;},{&quot;label&quot;:&quot;Spending on apparel&quot;,&quot;value&quot;:&quot;100 USD/year&quot;,&quot;description&quot;:&quot;Estimated annual spending on clothing and apparel per capita&quot;},{&quot;label&quot;:&quot;Spending on groceries&quot;,&quot;value&quot;:&quot;300 USD/year&quot;,&quot;description&quot;:&quot;Estimated annual grocery spending per capita, primary consumer need&quot;},{&quot;label&quot;:&quot;Spending on electronics&quot;,&quot;value&quot;:&quot;50 USD/year&quot;,&quot;description&quot;:&quot;Low annual spending on electronics due to import restrictions and costs&quot;}],&quot;Mall Traffic \u0026 Performance&quot;:[{&quot;label&quot;:&quot;Annual foot traffic&quot;,&quot;value&quot;:&quot;1,200,000 Visitors&quot;,&quot;description&quot;:&quot;Estimated yearly visitors for a central Havana location with high pedestrian access&quot;},{&quot;label&quot;:&quot;Dwell time&quot;,&quot;value&quot;:&quot;45 Minutes&quot;,&quot;description&quot;:&quot;Average time visitors spend in the mall&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, low due to economic constraints&quot;},{&quot;label&quot;:&quot;Sales per square meter&quot;,&quot;value&quot;:&quot;800 USD/year&quot;,&quot;description&quot;:&quot;Annual sales revenue per square meter of retail space&quot;}],&quot;Competition \u0026 Tenant Mix&quot;:[{&quot;label&quot;:&quot;Number of retail stores&quot;,&quot;value&quot;:&quot;40 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;Presence of major anchor stores like state supermarkets&quot;},{&quot;label&quot;:&quot;Competitor density (same category)&quot;,&quot;value&quot;:&quot;Medium Density&quot;,&quot;description&quot;:&quot;Moderate competition from nearby markets and small shops in Havana&quot;},{&quot;label&quot;:&quot;Tenant diversity&quot;,&quot;value&quot;:&quot;Low Diversity&quot;,&quot;description&quot;:&quot;Limited variety due to state-controlled economy&quot;},{&quot;label&quot;:&quot;Unique Concepts&quot;,&quot;value&quot;:&quot;Few Concepts&quot;,&quot;description&quot;:&quot;Limited unique or international brands available&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;Total leasable retail space in the mall&quot;},{&quot;label&quot;:&quot;Number of Levels&quot;,&quot;value&quot;:&quot;2 Levels&quot;,&quot;description&quot;:&quot;Number of floors dedicated to retail&quot;},{&quot;label&quot;:&quot;Average rent per square meter&quot;,&quot;value&quot;:&quot;8 USD/month&quot;,&quot;description&quot;:&quot;Estimated monthly rent for retail space in Havana&quot;},{&quot;label&quot;:&quot;Vacancy rate&quot;,&quot;value&quot;:&quot;20.0&quot;,&quot;description&quot;:&quot;Percentage of unoccupied leasable space, higher due to economic challenges&quot;},{&quot;label&quot;:&quot;Lease term flexibility&quot;,&quot;value&quot;:&quot;Low Flexibility&quot;,&quot;description&quot;:&quot;Limited flexibility in lease terms under state regulations&quot;},{&quot;label&quot;:&quot;Available retail space&quot;,&quot;value&quot;:&quot;3,000 sqm&quot;,&quot;description&quot;:&quot;Current available space for leasing&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;Direct access to major Havana roads like Calle 23&quot;},{&quot;label&quot;:&quot;Public transport access&quot;,&quot;value&quot;:&quot;Good Access&quot;,&quot;description&quot;:&quot;Well-served by buses and nearby metro plans&quot;},{&quot;label&quot;:&quot;Parking spaces&quot;,&quot;value&quot;:&quot;400 Spaces&quot;,&quot;description&quot;:&quot;Number of parking spots available&quot;},{&quot;label&quot;:&quot;Pedestrian traffic&quot;,&quot;value&quot;:&quot;High Traffic&quot;,&quot;description&quot;:&quot;Strong foot traffic from nearby Plaza de la Revolución square&quot;}],&quot;Digital \u0026 E-commerce Trends&quot;:[{&quot;label&quot;:&quot;E-commerce competition&quot;,&quot;value&quot;:&quot;Low Competition&quot;,&quot;description&quot;:&quot;Minimal e-commerce due to internet limitations in Cuba&quot;},{&quot;label&quot;:&quot;Click-and-collect adoption&quot;,&quot;value&quot;:&quot;10.0&quot;,&quot;description&quot;:&quot;Low adoption rate for click-and-collect services&quot;},{&quot;label&quot;:&quot;Internet penetration&quot;,&quot;value&quot;:&quot;70.0&quot;,&quot;description&quot;:&quot;Percentage of population with internet access in Havana&quot;}],&quot;Safety \u0026 Security&quot;:[{&quot;label&quot;:&quot;Retail crime rate&quot;,&quot;value&quot;:&quot;Medium Rate&quot;,&quot;description&quot;:&quot;Moderate retail theft in urban Havana areas&quot;},{&quot;label&quot;:&quot;Security measures&quot;,&quot;value&quot;:&quot;Basic Measures&quot;,&quot;description&quot;:&quot;Standard security like guards and CCTV&quot;}],&quot;Marketing \u0026 Events&quot;:[{&quot;label&quot;:&quot;Promotional events&quot;,&quot;value&quot;:&quot;Occasional Events&quot;,&quot;description&quot;:&quot;Irregular state-sponsored promotions and events&quot;},{&quot;label&quot;:&quot;Loyalty program penetration&quot;,&quot;value&quot;:&quot;5.0&quot;,&quot;description&quot;:&quot;Very low participation in loyalty programs&quot;},{&quot;label&quot;:&quot;Digital signage presence&quot;,&quot;value&quot;:&quot;Limited Presence&quot;,&quot;description&quot;:&quot;Few digital displays due to infrastructure constraints&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;Modest growth projected based on tourism recovery&quot;},{&quot;label&quot;:&quot;New tenant pipeline&quot;,&quot;value&quot;:&quot;Few Tenants&quot;,&quot;description&quot;:&quot;Limited new private sector tenants emerging&quot;},{&quot;label&quot;:&quot;Mall expansion plans&quot;,&quot;value&quot;:&quot;nan Plans&quot;,&quot;description&quot;:&quot;No major expansion due to economic restrictions&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;:1.89,&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;:3.15,&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;:2.99,&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;:8811,&quot;slug&quot;:&quot;parque-central-shopping&quot;,&quot;name&quot;:&quot;Parque Central Shopping&quot;,&quot;lat&quot;:&quot;23.1325&quot;,&quot;lng&quot;:&quot;-82.3589&quot;,&quot;property_type&quot;:&quot;Shopping Centre&quot;,&quot;description&quot;:&quot;Parque Central Shopping, also known as the Manzana de Gómez arcade, is a luxury retail complex integrated into the historic Manzana de Gómez building in central Havana, adjacent to Parque Central. Opened in 2017 as part of the Gran Hotel Manzana Kempinski, it represents Cubas first high-end shopping destination, spanning four levels with approximately 50,000 square meters of space. The property benefits from its prime location in the heart of the city, surrounded by major tourist attractions like the Capitolio, Prado promenade, and Old Havana UNESCO site, ensuring high visibility and accessibility via walking, classic cars, or public transport. Tenant mix focuses on international luxury brands including Gucci, Louis Vuitton, Cartier, and Montblanc, alongside select Cuban artisans and duty-free outlets for cigars, rum, and jewelry. Occupancy rates remain strong at around 90-95%, driven by tourist demand, though local participation is minimal due to pricing in foreign currencies like euros or USD at MLC stores. Rent levels are premium, estimated at 50-100 USD per square meter annually, reflecting the exclusivity. Market position is unique in a retail landscape dominated by state-run stores and informal markets; advantages include robust tourist footfall of over 2 million annual visitors to central Havana, supportive demographic of affluent international travelers aged 35-65 from Europe and Canada, and operational quality enhanced by modern infrastructure in a restored neoclassical structure. Drawbacks encompass economic volatility in Cuba, with GDP per capita under 10,000 USD limiting local spending, currency restrictions post-2021 unification, and competition from nearby street vendors on Obispo Street offering affordable souvenirs. Accessibility is excellent via pedestrian-friendly zones, but challenges include occasional infrastructure strain from aging urban grid and hurricane risks. Overall, it suits international retailers targeting tourists but requires hedging against policy shifts and low local conversion rates.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Havana&quot;},&quot;anchor_tenants&quot;:&quot;El Rápido;Local Crafts Shops&quot;,&quot;distance&quot;:2.24,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;12&quot;,&quot;gla_sqm&quot;:&quot;4000&quot;,&quot;anchor_tenants&quot;:&quot;El Rápido;Local Crafts Shops&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;:4.72,&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;: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;:3.68,&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;: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;:4.94,&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;: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;:5.0,&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;: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;:2.23,&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;:3.68,&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;: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;:8.52,&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/plaza-de-la-revolucion-retail-center" id="mall-map-wrapper"><div data-city="Havana" data-current-mall="true" data-id="plaza-de-la-revolucion-retail-center" data-lat="23.1136" data-lng="-82.3665" data-map-target="mall" data-name="Plaza De La Revolución Retail Center" 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</div><div class="stat-label">Primary Catchment Area</div></div><div class="stat-card"><div class="stat-value">10 km</div><div class="stat-label">Secondary Catchment Area</div></div><div class="stat-card"><div class="stat-value">1,000,000 People</div><div class="stat-label">Catchment area population</div></div><div class="stat-card"><div class="stat-value">-0.3</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/month</div><div class="stat-label">Median household income</div></div><div class="stat-card"><div class="stat-value">2.0</div><div class="stat-label">Unemployment rate</div></div><div class="stat-card"><div class="stat-value">50 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">500 USD/year</div><div class="stat-label">Retail spending per capita</div></div><div class="stat-card"><div class="stat-value">100 USD/year</div><div class="stat-label">Spending on apparel</div></div><div class="stat-card"><div class="stat-value">300 USD/year</div><div class="stat-label">Spending on groceries</div></div><div class="stat-card"><div class="stat-value">50 USD/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">1,200,000 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">800 USD/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">40 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</div><div class="stat-label">Competitor density (same category)</div></div><div class="stat-card"><div class="stat-value">Low 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">4,000 sqm</div><div class="stat-label">Gross Leasable Area</div></div><div class="stat-card"><div class="stat-value">2 Levels</div><div class="stat-label">Number of Levels</div></div><div class="stat-card"><div class="stat-value">8 USD/month</div><div class="stat-label">Average rent per square meter</div></div><div class="stat-card"><div class="stat-value">20.0</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">Good Access</div><div class="stat-label">Public transport access</div></div><div class="stat-card"><div class="stat-value">400 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">Low Competition</div><div class="stat-label">E-commerce competition</div></div><div class="stat-card"><div class="stat-value">10.0</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">Medium Rate</div><div class="stat-label">Retail crime rate</div></div><div class="stat-card"><div class="stat-value">Basic 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">Occasional Events</div><div class="stat-label">Promotional events</div></div><div class="stat-card"><div class="stat-value">5.0</div><div class="stat-label">Loyalty program penetration</div></div><div class="stat-card"><div class="stat-value">Limited 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">Few Tenants</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>