<turbo-stream action="replace" target="mall-map-wrapper"><template><div data-controller="map" data-lat="18.4061" data-lng="-66.1636" data-map-catchment-data-value="{&quot;lat&quot;:&quot;18.4061&quot;,&quot;lng&quot;:&quot;-66.1636&quot;,&quot;primary_radius&quot;:5.0,&quot;secondary_radius&quot;:15.0,&quot;population&quot;:183000}" data-map-demographic-summary-value="{&quot;Mall Demographics&quot;:[{&quot;label&quot;:&quot;Primary Catchment Area&quot;,&quot;value&quot;:&quot;Bayamón and surrounding areas&quot;,&quot;description&quot;:&quot;Core area within 5-10 km radius serving daily shoppers&quot;},{&quot;label&quot;:&quot;Secondary Catchment Area&quot;,&quot;value&quot;:&quot;San Juan Metropolitan Area&quot;,&quot;description&quot;:&quot;Extended trade area up to 20-30 km including occasional visitors&quot;},{&quot;label&quot;:&quot;Catchment area population&quot;,&quot;value&quot;:&quot;183,000 People&quot;,&quot;description&quot;:&quot;Estimated population in primary catchment based on Bayamón 2023 census data&quot;},{&quot;label&quot;:&quot;Population growth rate&quot;,&quot;value&quot;:&quot;-0.5&quot;,&quot;description&quot;:&quot;Slight decline reflecting Puerto Rico&#39;s overall demographic trends from 2020-2023&quot;},{&quot;label&quot;:&quot;Median age&quot;,&quot;value&quot;:&quot;44.1 Years&quot;,&quot;description&quot;:&quot;Median age of residents in Bayamón from 2023 census data&quot;},{&quot;label&quot;:&quot;Household size&quot;,&quot;value&quot;:&quot;2.6 Persons per household&quot;,&quot;description&quot;:&quot;Average household size in Bayamón based on U.S. Census estimates&quot;},{&quot;label&quot;:&quot;Education level (tertiary)&quot;,&quot;value&quot;:&quot;28.0&quot;,&quot;description&quot;:&quot;Percentage of population aged 25+ with bachelor&#39;s degree or higher in Bayamón&quot;}],&quot;Economic Indicators&quot;:[{&quot;label&quot;:&quot;Median household income&quot;,&quot;value&quot;:&quot;$30,729 USD&quot;,&quot;description&quot;:&quot;Median household income in Bayamón for 2019-2023 from U.S. Census&quot;},{&quot;label&quot;:&quot;Unemployment rate&quot;,&quot;value&quot;:&quot;6.5&quot;,&quot;description&quot;:&quot;Estimated unemployment rate in Bayamón/Puerto Rico region for 2023-2024&quot;},{&quot;label&quot;:&quot;Cost of living index&quot;,&quot;value&quot;:&quot;92 Index (U.S. average 100)&quot;,&quot;description&quot;:&quot;Cost of living index for Puerto Rico, adjusted for Bayamón area&quot;}],&quot;Consumer Spending&quot;:[{&quot;label&quot;:&quot;Retail spending per capita&quot;,&quot;value&quot;:&quot;$4,500 USD per year&quot;,&quot;description&quot;:&quot;Estimated annual retail spending per person in Puerto Rico based on national consumer data&quot;},{&quot;label&quot;:&quot;Spending on apparel&quot;,&quot;value&quot;:&quot;$800 USD per capita per year&quot;,&quot;description&quot;:&quot;Estimated apparel spending per capita in Puerto Rico from market reports&quot;},{&quot;label&quot;:&quot;Spending on groceries&quot;,&quot;value&quot;:&quot;$2,200 USD per capita per year&quot;,&quot;description&quot;:&quot;Estimated grocery spending per capita in Puerto Rico from consumer trends&quot;},{&quot;label&quot;:&quot;Spending on electronics&quot;,&quot;value&quot;:&quot;$600 USD per capita per year&quot;,&quot;description&quot;:&quot;Estimated electronics spending per capita in Puerto Rico, showing 92% growth 2019-2023&quot;}],&quot;Mall Traffic \u0026 Performance&quot;:[{&quot;label&quot;:&quot;Annual foot traffic&quot;,&quot;value&quot;:&quot;2,500,000 Visitors&quot;,&quot;description&quot;:&quot;Estimated annual visitors based on regional mall benchmarks and Bayamón population&quot;},{&quot;label&quot;:&quot;Dwell time&quot;,&quot;value&quot;:&quot;55 Minutes&quot;,&quot;description&quot;:&quot;Average time shoppers spend in the mall from industry standards&quot;},{&quot;label&quot;:&quot;Conversion rate&quot;,&quot;value&quot;:&quot;25.0&quot;,&quot;description&quot;:&quot;Estimated percentage of visitors making a purchase, based on retail analytics&quot;},{&quot;label&quot;:&quot;Sales per square meter&quot;,&quot;value&quot;:&quot;$1,200 USD per year&quot;,&quot;description&quot;:&quot;Estimated sales performance per sqm for Puerto Rico malls&quot;}],&quot;Competition \u0026 Tenant Mix&quot;:[{&quot;label&quot;:&quot;Number of retail stores&quot;,&quot;value&quot;:&quot;85 Stores&quot;,&quot;description&quot;:&quot;Approximate number of stores in Plaza del Sol based on regional mall size&quot;},{&quot;label&quot;:&quot;Anchor tenant presence&quot;,&quot;value&quot;:&quot;Yes&quot;,&quot;description&quot;:&quot;Anchored by Caribbean Cinemas, JCPenney, and Burlington Coat Factory&quot;},{&quot;label&quot;:&quot;Competitor density (same category)&quot;,&quot;value&quot;:&quot;Medium&quot;,&quot;description&quot;:&quot;Moderate competition from nearby malls like Plaza Rio Hondo in Bayamón area&quot;},{&quot;label&quot;:&quot;Tenant diversity&quot;,&quot;value&quot;:&quot;High&quot;,&quot;description&quot;:&quot;Mix of apparel, electronics, food, and entertainment tenants&quot;},{&quot;label&quot;:&quot;Unique Concepts&quot;,&quot;value&quot;:&quot;Entertainment-focused&quot;,&quot;description&quot;:&quot;Includes cinema and family-oriented unique retail experiences&quot;}],&quot;Real Estate \u0026 Leasing&quot;:[{&quot;label&quot;:&quot;Gross Leasable Area&quot;,&quot;value&quot;:&quot;67,684&quot;,&quot;description&quot;:&quot;Total leasable space from mall specifications&quot;},{&quot;label&quot;:&quot;Number of Levels&quot;,&quot;value&quot;:&quot;2 Levels&quot;,&quot;description&quot;:&quot;Two-level shopping structure&quot;},{&quot;label&quot;:&quot;Average rent per square meter&quot;,&quot;value&quot;:&quot;$25 USD per sqm per month&quot;,&quot;description&quot;:&quot;Estimated average rent based on Puerto Rico retail market rates&quot;},{&quot;label&quot;:&quot;Vacancy rate&quot;,&quot;value&quot;:&quot;4.0&quot;,&quot;description&quot;:&quot;Low vacancy reflecting 96% occupancy in recent reports&quot;},{&quot;label&quot;:&quot;Lease term flexibility&quot;,&quot;value&quot;:&quot;Medium&quot;,&quot;description&quot;:&quot;Standard 5-10 year leases with some short-term options for pop-ups&quot;},{&quot;label&quot;:&quot;Available retail space&quot;,&quot;value&quot;:&quot;929&quot;,&quot;description&quot;:&quot;Estimated available space based on market dynamics&quot;}],&quot;Accessibility \u0026 Infrastructure&quot;:[{&quot;label&quot;:&quot;Proximity to main roads&quot;,&quot;value&quot;:&quot;Direct access to PR-2 and PR-167&quot;,&quot;description&quot;:&quot;Excellent connectivity to major highways in Bayamón&quot;},{&quot;label&quot;:&quot;Public transport access&quot;,&quot;value&quot;:&quot;High&quot;,&quot;description&quot;:&quot;Served by AMA bus lines and close to urban train extensions&quot;},{&quot;label&quot;:&quot;Parking spaces&quot;,&quot;value&quot;:&quot;2,500 Spaces&quot;,&quot;description&quot;:&quot;Ample parking for regional mall capacity&quot;},{&quot;label&quot;:&quot;Pedestrian traffic&quot;,&quot;value&quot;:&quot;Moderate&quot;,&quot;description&quot;:&quot;Good pedestrian access from nearby residential areas&quot;}],&quot;Digital \u0026 E-commerce Trends&quot;:[{&quot;label&quot;:&quot;E-commerce competition&quot;,&quot;value&quot;:&quot;High&quot;,&quot;description&quot;:&quot;Strong online retail growth impacting physical stores in Puerto Rico&quot;},{&quot;label&quot;:&quot;Click-and-collect adoption&quot;,&quot;value&quot;:&quot;40.0&quot;,&quot;description&quot;:&quot;Estimated adoption rate for omnichannel services in PR malls&quot;},{&quot;label&quot;:&quot;Internet penetration&quot;,&quot;value&quot;:&quot;93.0&quot;,&quot;description&quot;:&quot;Internet usage among population aged 12+ in Puerto Rico&quot;}],&quot;Safety \u0026 Security&quot;:[{&quot;label&quot;:&quot;Retail crime rate&quot;,&quot;value&quot;:&quot;Medium&quot;,&quot;description&quot;:&quot;Higher than U.S. average but lower in controlled mall environments&quot;},{&quot;label&quot;:&quot;Security measures&quot;,&quot;value&quot;:&quot;Advanced&quot;,&quot;description&quot;:&quot;Includes CCTV, private security patrols, and access controls&quot;}],&quot;Marketing \u0026 Events&quot;:[{&quot;label&quot;:&quot;Promotional events&quot;,&quot;value&quot;:&quot;Multiple annually&quot;,&quot;description&quot;:&quot;Hosts seasonal events, sales promotions, and community gatherings&quot;},{&quot;label&quot;:&quot;Loyalty program penetration&quot;,&quot;value&quot;:&quot;30.0&quot;,&quot;description&quot;:&quot;Estimated participation in mall and tenant loyalty programs via SMS&quot;},{&quot;label&quot;:&quot;Digital signage presence&quot;,&quot;value&quot;:&quot;Yes&quot;,&quot;description&quot;:&quot;Digital displays for promotions throughout the mall&quot;}],&quot;Growth Potential&quot;:[{&quot;label&quot;:&quot;Projected foot traffic growth&quot;,&quot;value&quot;:&quot;5.0&quot;,&quot;description&quot;:&quot;Expected growth aligned with 5% sales increase in PR malls&quot;},{&quot;label&quot;:&quot;New tenant pipeline&quot;,&quot;value&quot;:&quot;Ongoing&quot;,&quot;description&quot;:&quot;Recent additions like Burlington; plans for more national brands&quot;},{&quot;label&quot;:&quot;Mall expansion plans&quot;,&quot;value&quot;:&quot;Minor renovations&quot;,&quot;description&quot;:&quot;Focus on tenant mix improvements rather than major expansion&quot;}]}" data-map-mapbox-token-value="pk.eyJ1Ijoib2NjdXBpIiwiYSI6ImNtZXFkdHZwczBtNjIya215OWVpaGtucXoifQ.xiNo8HmyyKim2YrJ3LdqdQ" data-map-nearby-malls-value="{&quot;primary&quot;:[{&quot;id&quot;:8759,&quot;slug&quot;:&quot;plaza-del-parque-2&quot;,&quot;name&quot;:&quot;Plaza Del Parque&quot;,&quot;lat&quot;:&quot;18.40738&quot;,&quot;lng&quot;:&quot;-66.1628&quot;,&quot;property_type&quot;:&quot;Convenience&quot;,&quot;description&quot;:&quot;Plaza del Parque is an open-air shopping center located at 1500 Avenida Comerio in Bayamon, Puerto Rico, a city with a population of approximately 185,000 residents and part of the San Juan metropolitan area. The property serves as a neighborhood retail destination, offering convenience-oriented shopping in a suburban setting. It features a mix of small to medium-sized tenants, including Party City for party supplies, Crumbl Cookies for gourmet desserts, Pasta to Go for Italian cuisine, and Yogen Fruz for frozen yogurt, alongside other local services and eateries. The center benefits from proximity to major roadways like PR-167 and PR-885, providing good accessibility with daily traffic volumes exceeding 18,000 vehicles on nearby routes. Bayamon&#39;s demographic profile includes a median household income of around $25,000, a median age of 42, and a diverse population with strong family-oriented households, supporting steady local demand for everyday retail. Occupancy levels in similar Bayamon centers average 90-95%, though specific data for Plaza del Parque indicates stable tenancy without major vacancies reported recently. Rent levels in Puerto Rican neighborhood centers typically range from $20 to $35 per square foot annually, influenced by the post-hurricane recovery and economic stabilization. Leasing advantages include flexible space configurations from 1,000 to 5,000 square feet, short-term options, and lower operational costs compared to enclosed malls. However, the property faces challenges from nearby larger competitors like Plaza del Sol, a 728,000-square-foot regional mall with 96% occupancy and anchors such as Walmart and H\u0026M, which draw regional footfall. Puerto Rico&#39;s retail market saw a 5% year-over-year sales increase in 2023, driven by tourism rebound and consumer spending, but saturation in convenience categories poses risks. Overall, Plaza del Parque suits retailers targeting local, budget-conscious shoppers seeking quick-service and specialty items, with potential for growth in food and entertainment segments amid improving economic indicators.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Bayamón&quot;},&quot;anchor_tenants&quot;:&quot;Wendy&#39;s, First Bank, T-Mobile&quot;,&quot;distance&quot;:0.17,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;25&quot;,&quot;gla_sqm&quot;:&quot;743&quot;,&quot;anchor_tenants&quot;:&quot;Wendy&#39;s, First Bank, T-Mobile&quot;}},{&quot;id&quot;:8889,&quot;slug&quot;:&quot;centro-comercial-plaza-del-sol-norte&quot;,&quot;name&quot;:&quot;Centro Comercial Plaza Del Sol Norte&quot;,&quot;lat&quot;:&quot;18.4061&quot;,&quot;lng&quot;:&quot;-66.163&quot;,&quot;property_type&quot;:&quot;Regional&quot;,&quot;description&quot;:&quot;Centro Comercial Plaza Del Sol Norte, located in Bayamón, Puerto Rico, is a regional shopping center spanning approximately 728,000 square feet, established in 1998. Situated in the metropolitan area near San Juan, it serves as a key retail hub for the local community in Bayamón, a suburb with a population of about 185,000. The mall&#39;s market position is mid-tier among Puerto Rican centers, benefiting from strong anchor tenants that drive consistent traffic. Anchor stores include Walmart, The Home Depot, H\u0026M, Burlington, Old Navy, Caribbean Cinemas, and Dave \u0026 Buster&#39;s, creating a diverse tenant mix focused on value-oriented retail, home improvement, fashion, and entertainment. The mix also features dining options in an upstairs food court and specialty stores for apparel, accessories, and services. Average monthly footfall stands at 416,666 visitors, translating to roughly 5 million annually, supported by its role as a community destination. Occupancy is reported at 96%, indicating stable operations above the island average for similar properties. Accessibility is favorable, with proximity to major highways like PR-2 and PR-167, facilitating easy access for residents within a 10-15 mile radius. Demographic profile includes middle to lower-middle income households, with median income around $25,000, a mix of families and young professionals, and a population density that supports everyday shopping needs. Leasing advantages encompass competitive rent levels of $24-50 per square foot annually, flexible space options from 1,000 to 10,000 square feet, and opportunities in high-traffic areas near anchors. However, retailers should consider Puerto Rico&#39;s economic challenges, including post-hurricane recovery and inflation impacts on consumer spending. The property&#39;s infrastructure, while functional, dates back over 25 years, potentially requiring updates for modern retail standards. Overall, it offers balanced potential for value-driven retailers targeting local demographics, though success depends on synergy with existing big-box and entertainment draws.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Bayamón&quot;},&quot;anchor_tenants&quot;:&quot;Caribbean Cinemas, Walmart, Burlington, H\u0026M, Dave \u0026 Buster&#39;s, The Home Depot&quot;,&quot;distance&quot;:0.06,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;130&quot;,&quot;gla_sqm&quot;:&quot;67684&quot;,&quot;anchor_tenants&quot;:&quot;Caribbean Cinemas, Walmart, Burlington, H\u0026M, Dave \u0026 Buster&#39;s, The Home Depot&quot;}},{&quot;id&quot;:8885,&quot;slug&quot;:&quot;centro-comercial-plaza-rio-hondo&quot;,&quot;name&quot;:&quot;Centro Comercial Plaza Rio Hondo&quot;,&quot;lat&quot;:&quot;18.423056&quot;,&quot;lng&quot;:&quot;-66.161389&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Centro Comercial Plaza Rio Hondo in Bayamón, Puerto Rico, is a 350,000 square foot two-level shopping center opened in 1982, featuring approximately 90 stores across fashion, electronics, beauty, jewelry, dining, and services. Anchors include Marshalls Megastore, TJ Maxx, Best Buy, Caribbean Cinemas, Pueblo Supermarket, Chilis Grill and Bar, Golden Corral, Walgreens, and PetSmart. Tenant mix supports value-oriented retail with 40 percent of visitors for shopping, 35 percent for dining, and 25 percent for home decor. Occupancy rate is 92 percent with 8 percent vacancy, consistent with Puerto Ricos retail market vacancy of 6.5 percent in early 2025, where total space exceeds 50 million square feet driven by local consumption. The property offers direct access from PR-22 highway, 2,500 parking spaces, and serves a 10 kilometer radius of 500,000 residents with average age 44.1 years, household size 2.72, and income around 30,729 USD. Monthly footfall reaches 333,333 visitors with 90-minute average dwell time. Leasing advantages encompass competitive rates near 24 USD per square foot annually, medium competition, 3 percent growth potential, and marketing events. Drawbacks involve aging infrastructure, post-Hurricane Maria store reductions, and needs for family amenities and diverse dining options.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Bayamón&quot;},&quot;anchor_tenants&quot;:&quot;Marshalls Megastore, Caribbean Cinemas, TJ Maxx, Best Buy, Golden Corral, Pueblo Supermarkets, Chili&#39;s Grill \u0026 Bar, Walgreens, PetSmart&quot;,&quot;distance&quot;:1.9,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;90&quot;,&quot;gla_sqm&quot;:&quot;51551&quot;,&quot;anchor_tenants&quot;:&quot;Marshalls Megastore, Caribbean Cinemas, TJ Maxx, Best Buy, Golden Corral, Pueblo Supermarkets, Chili&#39;s Grill \u0026 Bar, Walgreens, PetSmart&quot;}},{&quot;id&quot;:8764,&quot;slug&quot;:&quot;centro-comercial-los-filtros&quot;,&quot;name&quot;:&quot;Centro Comercial Los Filtros&quot;,&quot;lat&quot;:&quot;18.38405&quot;,&quot;lng&quot;:&quot;-66.14086&quot;,&quot;property_type&quot;:&quot;Neighborhood&quot;,&quot;description&quot;:&quot;Centro Comercial Los Filtros is a neighborhood shopping center located at PR-177 KM 2.0 in Bayamón, Puerto Rico, spanning 107,000 square feet of gross leasable area with over 450 parking spaces in Phase 1. Opened in early 2021 with a $20 million investment, it targets local residents from adjacent urbanizations and commuters along the busy PR-177 corridor, benefiting from proximity to Costco and high daily traffic volumes. The tenant mix focuses on essential retail and services, anchored by Supermax supermarket, which drives consistent footfall for daily shopping needs. Other occupants include Planet Fitness for fitness enthusiasts, dual pharmacies (Borinquen and Me Salve) for healthcare, quick-service restaurants like Chick-fil-A, McDonald\&quot;s, and Marco\&quot;s Pizza, beauty suppliers such as Sally Beauty and Cosmo Prof, financial services via Money Express, and specialty stores like Global Mattress and Hornofino clothing. This configuration supports convenience-oriented leasing, appealing to retailers serving middle-income households. In the broader Puerto Rico retail market as of 2025, the sector shows strength with 50 million square feet of space and a low 6.5% vacancy rate, though neighborhood centers like Los Filtros outperform traditional malls amid shifting consumer preferences toward accessible, everyday destinations. Leasing advantages include competitive rent levels estimated at $18-25 per square foot annually, based on regional averages for strip centers, and potential for Phase 2 expansion adding more space. However, challenges arise from Bayamón\&quot;s saturated retail landscape with over 15 competing plazas, including nearby Plaza Río Hondo and larger venues like Bayamón Central Park, which could dilute traffic. Accessibility via PR-177 provides good visibility but exposes the site to congestion risks during peak hours, while public transit options like nearby bus stops and the Tren Urbano station in Torrimar enhance reach for non-drivers. Overall, the property positions well for stable, low-risk operations in a family-dense area, but tenants should assess category-specific saturation in groceries and fast food.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Bayamón&quot;},&quot;anchor_tenants&quot;:&quot;Super Max; Planet Fitness; Chick-fil-A; McDonald&#39;s&quot;,&quot;distance&quot;:3.43,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;60&quot;,&quot;gla_sqm&quot;:&quot;9943&quot;,&quot;anchor_tenants&quot;:&quot;Super Max; Planet Fitness; Chick-fil-A; McDonald&#39;s&quot;}},{&quot;id&quot;:8761,&quot;slug&quot;:&quot;plaza-rio-hondo&quot;,&quot;name&quot;:&quot;Plaza Río Hondo&quot;,&quot;lat&quot;:&quot;18.4224&quot;,&quot;lng&quot;:&quot;-66.1629&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Plaza Río Hondo is a regional shopping center in Bayamón, Puerto Rico, operational since 1982 and spanning approximately 555,000 square feet of gross leasable area. Managed by Curzon Puerto Rico, it serves as a key retail hub for Bayamón and adjacent municipalities, drawing from a metropolitan area population exceeding 2 million within the San Juan metro. The property features over 90 tenants, including anchors such as Marshalls Megastore (55,000 sq ft), T.J. Maxx, Best Buy, Pueblo Supermarkets, Caribbean Cinemas, Walgreens, PetSmart, and restaurants like Chili\&quot;s and Golden Corral. Tenant mix emphasizes apparel, electronics, home goods, beauty, jewelry, pet supplies, medical services, and a food court with diverse options. Located at 60 Avenida Río Hondo off PR-22 highway, it offers strong accessibility with ample parking for over 3,000 vehicles. In the broader Puerto Rico retail market, which totals 50 million sq ft with a 6.5% vacancy rate as of mid-2025, Plaza Río Hondo maintains solid occupancy around 90-95%, supported by base rents averaging $20-25 per sq ft annually, competitive for suburban locations. Leasing advantages include proximity to high-traffic corridors, stable anchor-driven footfall estimated at 5-7 million annual visitors, and opportunities for inline spaces in growing categories like health and quick-service dining. However, post-Hurricane Maria recovery has led to some tenant turnover, with challenges from economic pressures and competition from larger San Juan malls. The center\&quot;s 1990s river-themed renovation enhances appeal, but aging elements may require updates. Overall, it positions retailers for middle-market capture in a recovering economy, balancing convenience with community-oriented traffic.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Bayamón&quot;},&quot;anchor_tenants&quot;:&quot;Marshalls Megastore, Caribbean Cinemas, TJ Maxx, Best Buy, Golden Corral, Pueblo Supermarkets, Chili&#39;s Grill \u0026 Bar, Walgreens, PetSmart&quot;,&quot;distance&quot;:1.81,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;90&quot;,&quot;gla_sqm&quot;:&quot;32516&quot;,&quot;anchor_tenants&quot;:&quot;Marshalls Megastore, Caribbean Cinemas, TJ Maxx, Best Buy, Golden Corral, Pueblo Supermarkets, Chili&#39;s Grill \u0026 Bar, Walgreens, PetSmart&quot;}},{&quot;id&quot;:8886,&quot;slug&quot;:&quot;centro-comercial-plaza-del-parque&quot;,&quot;name&quot;:&quot;Centro Comercial Plaza Del Parque&quot;,&quot;lat&quot;:&quot;18.4072&quot;,&quot;lng&quot;:&quot;-66.1628&quot;,&quot;property_type&quot;:&quot;Shopping Centre&quot;,&quot;description&quot;:&quot;Centro Comercial Plaza del Parque is an open-air shopping center located in Bayamón, Puerto Rico, at approximately Carr. #2 Km 15.5, Bo. Hato Tejas, and 1500 Avenida Comerío. It serves as a neighborhood retail destination with a gross leasable area estimated around 200,000 square feet, anchored by major retailers including Costco Wholesale, Sam&#39;s Club, and OfficeMax. The tenant mix includes a blend of national chains and local businesses such as Party City, Wendy&#39;s, Sizzler, T-Mobile, Yogen Fruz, Subway, Claro, and various services like salons, medical offices, and boutiques. This composition focuses on everyday essentials, dining, and convenience shopping, appealing to local families and commuters. Positioned in a densely populated suburban area near major highways PR-2 and PR-167, it benefits from good visibility and accessibility via public transportation and personal vehicles, with ample parking available. Bayamón&#39;s retail market remains robust, with Puerto Rico&#39;s overall retail vacancy at 6.5% in early 2025, reflecting steady demand driven by population recovery post-hurricanes and economic incentives. Leasing opportunities here offer stable footfall from the surrounding 245,000 residents within a three-mile radius, supported by anchors that generate consistent traffic. However, average rents in similar neighborhood centers range from $20 to $30 per square foot annually, influenced by location and tenant quality. Advantages include low competition from big-box formats in immediate vicinity and potential for cross-shopping, though broader market saturation in apparel and dining categories poses challenges. Operational quality is maintained through regular updates, but aging elements in Puerto Rico&#39;s retail infrastructure could require attention. Overall, it provides a practical option for retailers targeting middle-income households in a market with 5% year-over-year sales growth in 2023.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Bayamón&quot;},&quot;anchor_tenants&quot;:&quot;Sam&#39;s Club, Office Depot&quot;,&quot;distance&quot;:0.15,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;25&quot;,&quot;gla_sqm&quot;:&quot;15000&quot;,&quot;anchor_tenants&quot;:&quot;Sam&#39;s Club, Office Depot&quot;}},{&quot;id&quot;:8868,&quot;slug&quot;:&quot;centro-comercial-plaza-del-recreo&quot;,&quot;name&quot;:&quot;Centro Comercial Plaza Del Recreo&quot;,&quot;lat&quot;:&quot;18.4&quot;,&quot;lng&quot;:&quot;-66.15&quot;,&quot;property_type&quot;:&quot;Neighborhood&quot;,&quot;description&quot;:&quot;Centro Comercial Plaza del Recreo is situated in the central Bayamón Pueblo district of Bayamón, Puerto Rico, serving as a lively public square enveloped by small-scale commercial spaces such as cafes, artisan stalls, and boutique shops. This open-air venue positions itself as a cultural and community focal point rather than a traditional enclosed mall, attracting consistent pedestrian traffic through events like festivals, markets, and performances. The tenant mix features independent operators specializing in local crafts, souvenirs, traditional Puerto Rican foods, and casual apparel, complemented by nearby dining options including coffee shops and tapas bars. With Bayamón&#39;s population exceeding 185,000, the area draws middle-income families and tourists seeking authentic experiences. Occupancy rates in adjacent commercial properties hover around 85-90%, supported by the plaza&#39;s role in daily community life. Rent levels for spaces around the plaza average $18-22 per square foot annually, lower than regional mall averages of $25-35, offering cost-effective entry for small retailers. Accessibility via public transportation to the town center enhances footfall, estimated at moderate levels of 5,000-10,000 daily visitors during peak events. Leasing advantages include direct community engagement and lower overheads, but drawbacks encompass exposure to weather and reliance on seasonal activities. The broader Puerto Rico retail market, per ICSC reports, shows stabilization with 92% occupancy island-wide, though open plazas face saturation in casual dining categories. Proximity to major roads and landmarks like the Bayamón City Hall bolsters visibility, while aging infrastructure in surrounding buildings poses minor maintenance risks.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Bayamón&quot;},&quot;anchor_tenants&quot;:&quot;Supermarket, Local Retailers&quot;,&quot;distance&quot;:1.59,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;40&quot;,&quot;gla_sqm&quot;:&quot;12000&quot;,&quot;anchor_tenants&quot;:&quot;Supermarket, Local Retailers&quot;}}],&quot;secondary&quot;:[],&quot;outside&quot;:[]}" data-map-update-url-value="/malls/plaza-del-sol-7" id="mall-map-wrapper"><div data-city="Bayamón" data-current-mall="true" data-id="plaza-del-sol-7" data-lat="18.4061" data-lng="-66.1636" data-map-target="mall" data-name="Plaza Del Sol" 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">Bayamón and surrounding areas</div><div class="stat-label">Primary Catchment Area</div></div><div class="stat-card"><div class="stat-value">San Juan Metropolitan Area</div><div class="stat-label">Secondary Catchment Area</div></div><div class="stat-card"><div class="stat-value">183,000 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">$30,729 USD</div><div class="stat-label">Median household income</div></div><div class="stat-card"><div class="stat-value">6.5</div><div class="stat-label">Unemployment rate</div></div><div class="stat-card"><div class="stat-value">92 Index (U.S. average 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">$4,500 USD per year</div><div class="stat-label">Retail spending per capita</div></div><div class="stat-card"><div class="stat-value">$800 USD per capita per year</div><div class="stat-label">Spending on apparel</div></div><div class="stat-card"><div class="stat-value">$2,200 USD per capita per year</div><div class="stat-label">Spending on groceries</div></div><div class="stat-card"><div class="stat-value">$600 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">2,500,000 Visitors</div><div class="stat-label">Annual foot traffic</div></div><div class="stat-card"><div class="stat-value">55 Minutes</div><div class="stat-label">Dwell time</div></div><div class="stat-card"><div class="stat-value">25.0</div><div class="stat-label">Conversion rate</div></div><div class="stat-card"><div class="stat-value">$1,200 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">85 Stores</div><div class="stat-label">Number of retail stores</div></div><div class="stat-card"><div class="stat-value">Yes</div><div class="stat-label">Anchor tenant presence</div></div><div class="stat-card"><div class="stat-value">Medium</div><div class="stat-label">Competitor density (same category)</div></div><div class="stat-card"><div class="stat-value">High</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">67,684</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">$25 USD per sqm per month</div><div class="stat-label">Average rent per square meter</div></div><div class="stat-card"><div class="stat-value">4.0</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 access to PR-2 and PR-167</div><div class="stat-label">Proximity to main roads</div></div><div class="stat-card"><div class="stat-value">High</div><div class="stat-label">Public transport access</div></div><div class="stat-card"><div class="stat-value">2,500 Spaces</div><div class="stat-label">Parking spaces</div></div><div class="stat-card"><div class="stat-value">Moderate</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</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">93.0</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</div><div class="stat-label">Retail crime rate</div></div><div class="stat-card"><div class="stat-value">Advanced</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">Multiple annually</div><div class="stat-label">Promotional events</div></div><div class="stat-card"><div class="stat-value">30.0</div><div class="stat-label">Loyalty program penetration</div></div><div class="stat-card"><div class="stat-value">Yes</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</div><div class="stat-label">New tenant pipeline</div></div><div class="stat-card"><div class="stat-value">Minor renovations</div><div class="stat-label">Mall expansion plans</div></div></div></div></div></div></div></template></turbo-stream>