<turbo-stream action="replace" target="mall-map-wrapper"><template><div data-controller="map" data-lat="21.0363287" data-lng="-89.6061337" data-map-catchment-data-value="{&quot;lat&quot;:&quot;21.0363287&quot;,&quot;lng&quot;:&quot;-89.6061337&quot;,&quot;primary_radius&quot;:5.0,&quot;secondary_radius&quot;:15.0,&quot;population&quot;:200000}" data-map-demographic-summary-value="{&quot;Mall Demographics&quot;:[{&quot;label&quot;:&quot;Primary Catchment Area&quot;,&quot;value&quot;:&quot;10 km&quot;,&quot;description&quot;:&quot;Radius for primary customer base within 30 minutes drive&quot;},{&quot;label&quot;:&quot;Secondary Catchment Area&quot;,&quot;value&quot;:&quot;30 km&quot;,&quot;description&quot;:&quot;Extended radius for occasional visitors and tourists&quot;},{&quot;label&quot;:&quot;Catchment area population&quot;,&quot;value&quot;:&quot;200,000 People&quot;,&quot;description&quot;:&quot;Total population in primary and secondary areas serving the mall&quot;},{&quot;label&quot;:&quot;Population growth rate&quot;,&quot;value&quot;:&quot;1.7&quot;,&quot;description&quot;:&quot;Annual growth in local population based on regional trends&quot;},{&quot;label&quot;:&quot;Median age&quot;,&quot;value&quot;:&quot;29 Years&quot;,&quot;description&quot;:&quot;Average age of residents in catchment area&quot;},{&quot;label&quot;:&quot;Household size&quot;,&quot;value&quot;:&quot;3.5 People&quot;,&quot;description&quot;:&quot;Average number of people per household&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&quot;}],&quot;Economic Indicators&quot;:[{&quot;label&quot;:&quot;Median household income&quot;,&quot;value&quot;:&quot;15,000 MXN per month&quot;,&quot;description&quot;:&quot;Average monthly income for households in the area&quot;},{&quot;label&quot;:&quot;Unemployment rate&quot;,&quot;value&quot;:&quot;2.5&quot;,&quot;description&quot;:&quot;Local unemployment rate affecting spending power&quot;},{&quot;label&quot;:&quot;Cost of living index&quot;,&quot;value&quot;:&quot;45 Index (US=100)&quot;,&quot;description&quot;:&quot;Relative cost of living compared to US average&quot;}],&quot;Consumer Spending&quot;:[{&quot;label&quot;:&quot;Retail spending per capita&quot;,&quot;value&quot;:&quot;10,000 MXN per year&quot;,&quot;description&quot;:&quot;Annual retail expenditure per person in the region&quot;},{&quot;label&quot;:&quot;Spending on apparel&quot;,&quot;value&quot;:&quot;2,000 MXN per year&quot;,&quot;description&quot;:&quot;Annual per capita spend on clothing and fashion&quot;},{&quot;label&quot;:&quot;Spending on groceries&quot;,&quot;value&quot;:&quot;4,000 MXN per year&quot;,&quot;description&quot;:&quot;Annual per capita spend on food and essentials&quot;},{&quot;label&quot;:&quot;Spending on electronics&quot;,&quot;value&quot;:&quot;1,500 MXN per year&quot;,&quot;description&quot;:&quot;Annual per capita spend on gadgets and appliances&quot;}],&quot;Mall Traffic \u0026 Performance&quot;:[{&quot;label&quot;:&quot;Annual foot traffic&quot;,&quot;value&quot;:&quot;2,000,000 Visitors&quot;,&quot;description&quot;:&quot;Total yearly visitors to the mall&quot;},{&quot;label&quot;:&quot;Dwell time&quot;,&quot;value&quot;:&quot;90 Minutes&quot;,&quot;description&quot;:&quot;Average time visitors spend in the mall&quot;},{&quot;label&quot;:&quot;Conversion rate&quot;,&quot;value&quot;:&quot;30.0&quot;,&quot;description&quot;:&quot;Percentage of visitors making a purchase&quot;},{&quot;label&quot;:&quot;Sales per square meter&quot;,&quot;value&quot;:&quot;50,000 MXN per year&quot;,&quot;description&quot;:&quot;Annual sales revenue per square meter of leasable area&quot;}],&quot;Competition \u0026 Tenant Mix&quot;:[{&quot;label&quot;:&quot;Number of retail stores&quot;,&quot;value&quot;:&quot;60 Stores&quot;,&quot;description&quot;:&quot;Total number of retail outlets in the mall&quot;},{&quot;label&quot;:&quot;Anchor tenant presence&quot;,&quot;value&quot;:&quot;Yes Presence&quot;,&quot;description&quot;:&quot;Major anchor stores like supermarkets and department stores present&quot;},{&quot;label&quot;:&quot;Competitor density (same category)&quot;,&quot;value&quot;:&quot;Medium Density&quot;,&quot;description&quot;:&quot;Level of nearby competing malls in the same category&quot;},{&quot;label&quot;:&quot;Tenant diversity&quot;,&quot;value&quot;:&quot;High Diversity&quot;,&quot;description&quot;:&quot;Variety of tenant types from fashion to food&quot;},{&quot;label&quot;:&quot;Unique Concepts&quot;,&quot;value&quot;:&quot;10 Unique stores&quot;,&quot;description&quot;:&quot;Number of distinctive or niche retail concepts&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 rentable 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;500 MXN per month&quot;,&quot;description&quot;:&quot;Typical rental rate for leasable space&quot;},{&quot;label&quot;:&quot;Vacancy rate&quot;,&quot;value&quot;:&quot;7.0&quot;,&quot;description&quot;:&quot;Percentage of leasable area currently unoccupied&quot;},{&quot;label&quot;:&quot;Lease term flexibility&quot;,&quot;value&quot;:&quot;Medium Flexibility&quot;,&quot;description&quot;:&quot;Options for lease durations and adjustments&quot;},{&quot;label&quot;:&quot;Available retail space&quot;,&quot;value&quot;:&quot;2,800 sqm&quot;,&quot;description&quot;:&quot;Current unoccupied space available for lease&quot;}],&quot;Accessibility \u0026 Infrastructure&quot;:[{&quot;label&quot;:&quot;Proximity to main roads&quot;,&quot;value&quot;:&quot;1 km&quot;,&quot;description&quot;:&quot;Distance to nearest major highway or road&quot;},{&quot;label&quot;:&quot;Public transport access&quot;,&quot;value&quot;:&quot;Good Access&quot;,&quot;description&quot;:&quot;Availability and quality of public transit connections&quot;},{&quot;label&quot;:&quot;Parking spaces&quot;,&quot;value&quot;:&quot;1,000 Spaces&quot;,&quot;description&quot;:&quot;Total parking capacity for vehicles&quot;},{&quot;label&quot;:&quot;Pedestrian traffic&quot;,&quot;value&quot;:&quot;High Traffic&quot;,&quot;description&quot;:&quot;Level of foot traffic from surrounding areas&quot;}],&quot;Digital \u0026 E-commerce Trends&quot;:[{&quot;label&quot;:&quot;E-commerce competition&quot;,&quot;value&quot;:&quot;High Competition&quot;,&quot;description&quot;:&quot;Impact of online shopping on physical retail&quot;},{&quot;label&quot;:&quot;Click-and-collect adoption&quot;,&quot;value&quot;:&quot;20.0&quot;,&quot;description&quot;:&quot;Percentage of sales using 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&quot;}],&quot;Safety \u0026 Security&quot;:[{&quot;label&quot;:&quot;Retail crime rate&quot;,&quot;value&quot;:&quot;Low Rate&quot;,&quot;description&quot;:&quot;Incidence of theft and crime in retail areas&quot;},{&quot;label&quot;:&quot;Security measures&quot;,&quot;value&quot;:&quot;24/7 guards, CCTV Measures&quot;,&quot;description&quot;:&quot;Implemented security protocols and technology&quot;}],&quot;Marketing \u0026 Events&quot;:[{&quot;label&quot;:&quot;Promotional events&quot;,&quot;value&quot;:&quot;12 Events per year&quot;,&quot;description&quot;:&quot;Number of marketing and promotional activities annually&quot;},{&quot;label&quot;:&quot;Loyalty program penetration&quot;,&quot;value&quot;:&quot;15.0&quot;,&quot;description&quot;:&quot;Percentage of customers enrolled in loyalty programs&quot;},{&quot;label&quot;:&quot;Digital signage presence&quot;,&quot;value&quot;:&quot;Yes Presence&quot;,&quot;description&quot;:&quot;Use of digital displays for advertising&quot;}],&quot;Growth Potential&quot;:[{&quot;label&quot;:&quot;Projected foot traffic growth&quot;,&quot;value&quot;:&quot;2.0&quot;,&quot;description&quot;:&quot;Expected annual increase in visitor numbers&quot;},{&quot;label&quot;:&quot;New tenant pipeline&quot;,&quot;value&quot;:&quot;5 Tenants&quot;,&quot;description&quot;:&quot;Upcoming tenants planned to join&quot;},{&quot;label&quot;:&quot;Mall expansion plans&quot;,&quot;value&quot;:&quot;Planned Plans&quot;,&quot;description&quot;:&quot;Future development or renovation initiatives&quot;}]}" data-map-mapbox-token-value="pk.eyJ1Ijoib2NjdXBpIiwiYSI6ImNtZXFkdHZwczBtNjIya215OWVpaGtucXoifQ.xiNo8HmyyKim2YrJ3LdqdQ" data-map-nearby-malls-value="{&quot;primary&quot;:[{&quot;id&quot;:4899,&quot;slug&quot;:&quot;plaza-la-isla-merida&quot;,&quot;name&quot;:&quot;Plaza La Isla Mérida&quot;,&quot;lat&quot;:&quot;21.0236&quot;,&quot;lng&quot;:&quot;-89.6428&quot;,&quot;property_type&quot;:&quot;Regional&quot;,&quot;description&quot;:&quot;Plaza La Isla Mérida, located on the northern outskirts of Mérida, Yucatán, Mexico, is a prominent open-air lifestyle and entertainment complex developed by GICSA as part of the Cabo Norte mixed-use project. Opened in November 2018, it spans approximately 57,946 square meters of gross leasable area (GLA) and houses around 180 stores, positioning it as the largest mall in Mexicos southeast region. The tenant mix emphasizes fashion, lifestyle, and entertainment, with anchor tenants including Liverpool department store, Zara, H\u0026M, Sephora, and international brands in sportswear and technology. Dining options range from casual eateries to upscale restaurants, complemented by a 12-screen Cinépolis cinema, an artificial lake offering boat rides, and a theme park attraction that drives experiential footfall. Accessibility is facilitated by proximity to the Periférico ring road and public transport, though its peripheral location may pose challenges for central Mérida residents. The surrounding area features growing affluent suburbs with a demographic profile of middle-to-upper-income families, young professionals, and increasing expat communities, supported by Méridas metro population exceeding 1.2 million in 2024. Market reports indicate robust retail growth in Yucatán, with overall sales up 3-8% year-over-year in 2024-2025, driven by tourism and infrastructure like the Tren Maya rail. Occupancy stands at around 92%, reflecting strong demand, while average rents hover at 15-20 USD per square foot annually, competitive within the region. Leasing advantages include high visibility, diverse traffic from shoppers and tourists, and promotional synergies with entertainment elements; however, potential drawbacks encompass intensifying competition from nearby malls like Plaza Altabrisa and emerging projects, as well as vulnerability to economic fluctuations affecting discretionary spending. Operational quality is high with modern infrastructure, but aging access roads could impact logistics. Overall, it offers solid performance metrics in a expanding market, balanced against saturation risks in northern Mérida.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Mérida&quot;},&quot;anchor_tenants&quot;:&quot;Liverpool, Cinépolis, Zara&quot;,&quot;distance&quot;:4.06,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;150&quot;,&quot;gla_sqm&quot;:&quot;60459&quot;,&quot;anchor_tenants&quot;:&quot;Liverpool, Cinépolis, Zara&quot;}},{&quot;id&quot;:3455,&quot;slug&quot;:&quot;plaza-fiesta-merida&quot;,&quot;name&quot;:&quot;Plaza Fiesta Mérida&quot;,&quot;lat&quot;:&quot;20.99966&quot;,&quot;lng&quot;:&quot;-89.62409&quot;,&quot;property_type&quot;:&quot;Shopping Centre&quot;,&quot;description&quot;:&quot;Plaza Fiesta Mérida is a single-level shopping center located at Avenida Correa Racho #400 in Mérida, Yucatán, Mexico, constructed in 1988 with a gross leasable area of 25,000 square meters. Managed by Grupo Chapur, it hosts 60 stores featuring a diverse tenant mix focused on fashion, dining, home decor, and local crafts, with anchor tenant Liverpool providing strong draw. The property benefits from high public transport access, 500 parking spaces, and moderate pedestrian traffic. Annual footfall stands at 1,500,000 visitors, averaging 125,000 monthly, with a 25% conversion rate and 45-minute average dwell time. Occupancy is robust at 95%, with 5% vacancy and 1,000 square meters available. Average monthly rent is 800 MXN per square meter, supporting annual sales of 5,000 USD per square meter. In Méridas growing retail market, the plaza holds a strong position serving a 5 km primary catchment of 500,000 residents, with 2.5% population growth and median household income of 156,000 MXN. Leasing advantages include medium-term flexibility, weekly promotions, loyalty programs reaching 20% of customers, and low crime rates enhanced by CCTV and guards. However, challenges arise from aging infrastructure needing minor renovations and high e-commerce penetration at 83%, impacting 30% of sales through click-and-collect. The centers unique local crafts and food stalls differentiate it amid competition from three similar malls per 100,000 residents, positioning it well for mid-market retailers targeting families with 3.5 average household size and 32 median age.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Mérida&quot;},&quot;anchor_tenants&quot;:&quot;Liverpool&quot;,&quot;distance&quot;:4.48,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;60&quot;,&quot;gla_sqm&quot;:&quot;20000&quot;,&quot;anchor_tenants&quot;:&quot;Liverpool&quot;}},{&quot;id&quot;:6094,&quot;slug&quot;:&quot;city-center-merida&quot;,&quot;name&quot;:&quot;City Center Mérida&quot;,&quot;lat&quot;:&quot;21.038305&quot;,&quot;lng&quot;:&quot;-89.602344&quot;,&quot;property_type&quot;:&quot;Regional&quot;,&quot;description&quot;:&quot;City Center Mérida is an open-air shopping center located on the north side of Mérida, Yucatán, in the Colonia San Ramón neighborhood at Anillo Periférico and Calle 30. Completed in 2008 and designed by architect Augusto Quijano Axle, it spans 23 acres with 286,996 square feet of retail space and parking for 1,300 vehicles. Anchored by Walmart and Big Home, it features approximately 100 tenants including shops, restaurants, and boutiques across categories such as fashion, electronics, beauty, dining, and services. Notable tenants include Starbucks and TGI Friday&#39;s. The property maintains a 95% occupancy rate, above the regional class A average of 85-90%, supported by strong anchor traffic. Annual footfall reaches 5 million visitors, benefiting from Mérida&#39;s growing metropolitan population exceeding 1 million, with a 3.3% annual growth rate driven by tourism, manufacturing, and services sectors. The middle-class demographic, including local families and increasing expats, provides stable demand for everyday retail. Leasing advantages include rents of $25-35 USD per square meter monthly, more affordable than premium malls charging $40+, with typical 3-5 year terms offering 5-7% annual escalations. Accessibility is strong via major ring road, though north location may limit draw from central Mérida. Market position as a mid-tier center emphasizes convenience and variety, but faces challenges from aging infrastructure and competition from larger enclosed malls like Gran Plaza Mérida. Retail performance is influenced by Yucatán&#39;s tourism boom, yet risks include market saturation in northern districts and seasonal footfall dips during rainy periods.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Mérida&quot;},&quot;anchor_tenants&quot;:&quot;WalMart, Big Home&quot;,&quot;distance&quot;:0.45,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;80&quot;,&quot;gla_sqm&quot;:&quot;26650&quot;,&quot;anchor_tenants&quot;:&quot;WalMart, Big Home&quot;}},{&quot;id&quot;:1735,&quot;slug&quot;:&quot;plaza-altabrisa&quot;,&quot;name&quot;:&quot;Plaza Altabrisa&quot;,&quot;lat&quot;:&quot;21.017656&quot;,&quot;lng&quot;:&quot;-89.584435&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Plaza Altabrisa is an established indoor shopping center in northern Mérida, Yucatán, opened in 2009, spanning over 100,000 square meters with more than 200 stores. It serves as a key retail hub in the growing Altabrisa neighborhood, attracting middle- to upper-middle-class families and local professionals through its diverse tenant mix. Major anchors include Sears department store and Soriana supermarket, complemented by international fashion brands like H\u0026M and Pull\u0026Bear, beauty retailer Sephora, electronics from Steren, and local apparel options. Dining features a food court with 25 outlets and full-service restaurants such as Chili&#39;s, P.F. Chang&#39;s, Italianni&#39;s, Fuddrucker&#39;s, and IHOP, catering to varied preferences. Entertainment amenities encompass VIP cinemas, bowling alleys, arcades, and a gym, enhancing dwell time. The property offers parking for over 3,000 vehicles, including 1,600 covered spaces. In Mérida&#39;s competitive retail market, it holds a solid position among originals like Gran Plaza, though it faces pressure from newer developments such as La Isla Mérida (180+ stores, opened 2018) and Galerías Mérida. Occupancy remains high at approximately 90%, supported by stable local demand in the northern corridor, which benefits from urban expansion and proximity to residential enclaves. Leasing advantages include consistent footfall estimated at 4-5 million annual visitors, with peaks on weekends and evenings, driven by family-oriented events and accessibility via the Periférico ring road. However, retailers should note potential challenges from market saturation and competition for premium categories. Rent levels typically range from 350-450 MXN per square meter monthly for inline spaces, with 3-5 year terms often including escalation clauses of 5-7%. Operational quality is reliable, managed by Inmuebles Carso, but infrastructure shows signs of age compared to modern rivals, potentially requiring tenant investments in fit-outs.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Mérida&quot;},&quot;anchor_tenants&quot;:&quot;Sears, Soriana Hiper, Cinépolis&quot;,&quot;distance&quot;:3.06,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;180&quot;,&quot;gla_sqm&quot;:&quot;60000&quot;,&quot;anchor_tenants&quot;:&quot;Sears, Soriana Hiper, Cinépolis&quot;}},{&quot;id&quot;:4898,&quot;slug&quot;:&quot;the-harbor-merida&quot;,&quot;name&quot;:&quot;The Harbor Mérida&quot;,&quot;lat&quot;:&quot;21.02&quot;,&quot;lng&quot;:&quot;-89.64&quot;,&quot;property_type&quot;:&quot;Regional&quot;,&quot;description&quot;:&quot;The Harbor Mérida is an open-air lifestyle shopping center located in the northwestern part of Mérida, Yucatán, along the prominent Av. Paseo Montejo. Opened in late 2018, it spans approximately 50,000 square meters of gross leasable area (GLA) and features 120 retail spaces. The property emphasizes a blend of shopping, dining, and entertainment, with key anchors including Cinépolis cinema, Gran Chapur department store, and international brands such as Forever 21, Sephora, Steve Madden, and Innovasport. Dining options highlight upscale Mexican and international cuisine at outlets like Porfirio’s, La No. 20 Cantina, and Sonora Prime. Additional attractions include a central lake with synchronized water-fountain shows and 1,300 parking spaces, enhancing visitor experience in a modern design incorporating local Yucatecan elements. In the context of Mérida&#39;s retail market, which benefits from a population of over 1.3 million and steady growth driven by tourism, expats, and economic expansion in the southeast Mexico region, The Harbor positions itself as a premium destination targeting middle-to-upper-income demographics in the affluent northern suburbs. Occupancy rates have improved since initial years, estimated at 85-90% as of 2025, up from lower levels post-opening due to pandemic impacts. Rent levels for prime spaces range from $35-50 USD per square meter per month, competitive with other class-A centers like City Center Mérida but reflecting the lifestyle appeal. Footfall is supported by proximity to residential areas and events, with annual visitors around 3-4 million, though exact figures vary. Tenant mix is diverse, with 40% fashion and accessories, 30% dining, 15% entertainment, and 15% services, fostering synergy for retailers. Leasing advantages include flexible terms for mid-sized spaces (50-200 sqm), promotional support through mall events, and strong accessibility via major avenues. However, challenges include seasonal tourism fluctuations affecting consistent traffic and competition from nearby established malls, potentially pressuring smaller independents. Overall, it offers solid potential for brands seeking experiential retail environments in a growing market, balanced against the need for adaptive merchandising to local preferences.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Mérida&quot;},&quot;anchor_tenants&quot;:&quot;Gran Chapur, Cinépolis&quot;,&quot;distance&quot;:3.96,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;120&quot;,&quot;gla_sqm&quot;:&quot;50000&quot;,&quot;anchor_tenants&quot;:&quot;Gran Chapur, Cinépolis&quot;}}],&quot;secondary&quot;:[{&quot;id&quot;:7419,&quot;slug&quot;:&quot;plaza-la-fontana-1&quot;,&quot;name&quot;:&quot;Plaza La Fontana&quot;,&quot;lat&quot;:&quot;20.9673702&quot;,&quot;lng&quot;:&quot;-89.5925857&quot;,&quot;property_type&quot;:&quot;Neighborhood&quot;,&quot;description&quot;:&quot;Plaza La Fontana is a modest neighborhood shopping center in the Colonia Maya area of Mérida, Yucatán, Mexico, at Calle 7 por 24. Opened in the early 2000s, it spans about 10,000 square meters with 25-30 tenants, emphasizing convenience retail and services for local residents. The tenant mix comprises a small supermarket as anchor, pharmacies, clothing stores, banks, and casual dining options like taquerias and coffee shops, with a focus on mid-tier national and local brands. Market position is as a community-oriented plaza, not competing directly with larger destinations like Gran Plaza or La Isla, but capturing daily footfall from the surrounding middle-class neighborhoods. Occupancy stands at approximately 88%, supported by stable local demand, while average rents hover between 18-24 pesos per square meter monthly, lower than city averages of 30+ for premium malls. Accessibility is strong via peripheral avenues, with ample parking for 200 vehicles, though public transport links are moderate. Footfall averages 4,000-6,000 visitors daily, driven by proximity to residential zones with 50,000+ population within 2 km. Strengths include low vacancy risks and community loyalty, fostering repeat business for lessees. Weaknesses encompass limited expansion potential, occasional infrastructure maintenance needs due to age, and exposure to Méridas competitive retail saturation from 15+ malls citywide. Demographic profile features families with average household income of 15,000-25,000 pesos monthly, aged 25-55. Leasing advantages lie in flexible terms for small-format stores (50-200 sqm), with incentives like rent-free periods for anchors. Risks involve seasonal dips in tourism-adjacent sales and rising utility costs amid Yucatáns energy market dynamics. Overall, it suits retailers targeting everyday essentials over luxury or experiential retail, with solid performance metrics per ICSC reports on regional centers.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Mérida&quot;},&quot;anchor_tenants&quot;:&quot;Local stores, supermarket&quot;,&quot;distance&quot;:7.8,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;80&quot;,&quot;gla_sqm&quot;:&quot;4000&quot;,&quot;anchor_tenants&quot;:&quot;Local stores, supermarket&quot;}},{&quot;id&quot;:6257,&quot;slug&quot;:&quot;plaza-fiesta-americana&quot;,&quot;name&quot;:&quot;Plaza Fiesta Americana&quot;,&quot;lat&quot;:&quot;20.967&quot;,&quot;lng&quot;:&quot;-89.624&quot;,&quot;property_type&quot;:&quot;Shopping Centre&quot;,&quot;description&quot;:&quot;Plaza Fiesta Americana, also known as Plaza Americana, is a compact shopping arcade integrated into the ground floor of the iconic Fiesta Americana Mérida hotel, situated in the historic heart of Mérida, Yucatán, at the intersection of Paseo de Montejo, Avenida Colón, and Avenida Cupules. Established over 30 years ago and renovated in 2018, it spans an estimated 5,000-7,000 square meters of gross leasable area (GLA), blending Porfirian architectural elements with modern retail spaces. The tenant mix emphasizes authentic Yucatecan and Mexican products, including handcrafts, artisan silver jewelry, traditional and contemporary clothing, premium Cuban cigars, a local restaurant, café, ice cream shop, and practical services such as car rentals, travel agencies, currency exchange, and a car wash. This niche positioning caters to tourists seeking cultural souvenirs and upscale locals needing convenience services, rather than mass-market retail. In Mérida&#39;s retail market, which saw 7.1% national sales growth in 2024 per INEGI reports, the plaza benefits from the city&#39;s booming tourism sector, with over 3 million annual visitors drawn to its UNESCO-recognized historic center. Accessibility is strong via underground parking with direct plaza access, proximity to major avenues, and public transport links, though traffic congestion in the colonial zone can pose challenges. Occupancy stands at approximately 85-90%, supported by the hotel&#39;s 200+ rooms generating captive footfall of around 50,000 monthly visitors, augmented by walk-ins from nearby Paseo de Montejo attractions. Rent levels average 25-35 USD per square foot annually, competitive for prime downtown locations amid Mérida&#39;s overall retail vacancy rate of 8-10% in 2025 market analyses from CBRE Mexico. Leasing advantages include stable hotel-driven traffic, low turnover due to long-term tenants, and marketing synergies with the hotel&#39;s international brand, which boasts 4.5-star ratings on platforms like TripAdvisor. However, drawbacks encompass limited expansion potential, reliance on seasonal tourism (peaking December-April), and competition from larger malls like Gran Plaza Mérida (GLA 100,000+ sqm, 95% occupancy) offering broader tenant mixes and higher footfall exceeding 1 million monthly. Market saturation in downtown retail, with aging infrastructure in some historic properties, and economic sensitivities to Yucatán&#39;s tourism dependency (contributing 15% to regional GDP) introduce risks, including fluctuating sales during off-seasons or global travel disruptions. Overall, it suits boutique retailers targeting affluent demographics but may challenge high-volume operators due to constrained space and niche focus.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Mérida&quot;},&quot;anchor_tenants&quot;:&quot;Fiesta Americana Hotel, Artisan Shops&quot;,&quot;distance&quot;:7.93,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;250&quot;,&quot;gla_sqm&quot;:&quot;2000&quot;,&quot;anchor_tenants&quot;:&quot;Fiesta Americana Hotel, Artisan Shops&quot;}},{&quot;id&quot;:1734,&quot;slug&quot;:&quot;gran-plaza-merida&quot;,&quot;name&quot;:&quot;Gran Plaza Mérida&quot;,&quot;lat&quot;:&quot;20.9936&quot;,&quot;lng&quot;:&quot;-89.6292&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Gran Plaza Mérida, opened in 1994, is the third-largest shopping center in Mérida, Yucatán, located in the affluent northern district along Prolongación Paseo de Montejo, near Sam&#39;s Club, Costco, and Home Depot for combined retail traffic. It encompasses over 200 stores, anchored by Liverpool and Sears department stores, Soriana supermarket, national brands in fashion (Shasa, Lefties, Caruso), electronics, jewelry, multiple banks including HSBC and Banorte, and a food court with chains like KFC, Starbucks, Subway, and local options such as Cáucasa. Entertainment features a trampoline park and kid-friendly racing, but the cinema closed in 2021 due to competition and pandemic effects, weakening that category. The property provides nearly 2,000 parking spaces, is air-conditioned, stroller-friendly, and accessible via car or public bus, though traffic in the growing northern corridor poses challenges. Market position has declined from being the city&#39;s top mall to facing saturation from larger, newer competitors like La Isla (southeast Mexico&#39;s biggest) and expanded Galerías Mérida, resulting in tenant relocations (Zara, Bershka), visible empty units, and moderated occupancy post-2020. Demographics serve middle- to upper-middle-income families and expats in northern Mérida. Leasing advantages include established anchors driving steady footfall for complementary retailers, proximity to big-box stores enhancing accessibility, and potentially flexible terms in a competitive leasing environment; drawbacks encompass reduced vibrancy, lower weekend traffic compared to peaks, and risks from aging infrastructure amid regional retail growth.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Mérida&quot;},&quot;anchor_tenants&quot;:&quot;Liverpool, Sears&quot;,&quot;distance&quot;:5.32,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;185&quot;,&quot;gla_sqm&quot;:&quot;50000&quot;,&quot;anchor_tenants&quot;:&quot;Liverpool, Sears&quot;}}],&quot;outside&quot;:[]}" data-map-update-url-value="/malls/plaza-town-square-6" id="mall-map-wrapper"><div data-city="Mérida" data-current-mall="true" data-id="plaza-town-square-6" data-lat="21.0363287" data-lng="-89.6061337" data-map-target="mall" data-name="Plaza Town Square" 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">10 km</div><div class="stat-label">Primary Catchment Area</div></div><div class="stat-card"><div class="stat-value">30 km</div><div class="stat-label">Secondary Catchment Area</div></div><div class="stat-card"><div class="stat-value">200,000 People</div><div class="stat-label">Catchment area population</div></div><div class="stat-card"><div class="stat-value">1.7</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">15,000 MXN per month</div><div class="stat-label">Median household income</div></div><div class="stat-card"><div class="stat-value">2.5</div><div class="stat-label">Unemployment rate</div></div><div class="stat-card"><div class="stat-value">45 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">10,000 MXN per year</div><div class="stat-label">Retail spending per capita</div></div><div class="stat-card"><div class="stat-value">2,000 MXN per year</div><div class="stat-label">Spending on apparel</div></div><div class="stat-card"><div class="stat-value">4,000 MXN per year</div><div class="stat-label">Spending on groceries</div></div><div class="stat-card"><div class="stat-value">1,500 MXN 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">2,000,000 Visitors</div><div class="stat-label">Annual foot traffic</div></div><div class="stat-card"><div class="stat-value">90 Minutes</div><div class="stat-label">Dwell time</div></div><div class="stat-card"><div class="stat-value">30.0</div><div class="stat-label">Conversion rate</div></div><div class="stat-card"><div class="stat-value">50,000 MXN 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">60 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">High Diversity</div><div class="stat-label">Tenant diversity</div></div></div></div><div class="stats-category"><h5>Real Estate &amp; Leasing</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">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">500 MXN per month</div><div class="stat-label">Average rent per square meter</div></div><div class="stat-card"><div class="stat-value">7.0</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">1 km</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">1,000 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">High Competition</div><div class="stat-label">E-commerce competition</div></div><div class="stat-card"><div class="stat-value">20.0</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">Low Rate</div><div class="stat-label">Retail crime rate</div></div><div class="stat-card"><div class="stat-value">24/7 guards, CCTV 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">12 Events per year</div><div class="stat-label">Promotional events</div></div><div class="stat-card"><div class="stat-value">15.0</div><div class="stat-label">Loyalty program penetration</div></div><div class="stat-card"><div class="stat-value">Yes Presence</div><div class="stat-label">Digital signage presence</div></div></div></div><div class="stats-category"><h5>Growth Potential</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">2.0</div><div class="stat-label">Projected foot traffic growth</div></div><div class="stat-card"><div class="stat-value">5 Tenants</div><div class="stat-label">New tenant pipeline</div></div><div class="stat-card"><div class="stat-value">Planned Plans</div><div class="stat-label">Mall expansion plans</div></div></div></div></div></div></div></template></turbo-stream>