<turbo-stream action="replace" target="mall-map-wrapper"><template><div data-controller="map" data-lat="19.7787805" data-lng="-70.6701019" data-map-catchment-data-value="{&quot;lat&quot;:&quot;19.7787805&quot;,&quot;lng&quot;:&quot;-70.6701019&quot;,&quot;primary_radius&quot;:5.0,&quot;secondary_radius&quot;:15.0,&quot;population&quot;:150000}" data-map-demographic-summary-value="{&quot;Mall Demographics&quot;:[{&quot;label&quot;:&quot;Primary Catchment Area&quot;,&quot;value&quot;:&quot;10 km radius&quot;,&quot;description&quot;:&quot;Estimated primary trade area around the mall in Puerto Plata&quot;},{&quot;label&quot;:&quot;Secondary Catchment Area&quot;,&quot;value&quot;:&quot;30 km radius&quot;,&quot;description&quot;:&quot;Estimated secondary trade area covering north coast region&quot;},{&quot;label&quot;:&quot;Catchment area population&quot;,&quot;value&quot;:&quot;150,000 People&quot;,&quot;description&quot;:&quot;Estimated population within primary catchment, based on Puerto Plata city population&quot;},{&quot;label&quot;:&quot;Population growth rate&quot;,&quot;value&quot;:&quot;1.2&quot;,&quot;description&quot;:&quot;Annual growth rate for Puerto Plata region, aligned with national average&quot;},{&quot;label&quot;:&quot;Median age&quot;,&quot;value&quot;:&quot;28 Years&quot;,&quot;description&quot;:&quot;Median age of population in Puerto Plata, similar to national 28.3 years&quot;},{&quot;label&quot;:&quot;Household size&quot;,&quot;value&quot;:&quot;3.3 Persons per household&quot;,&quot;description&quot;:&quot;Average household size in Dominican Republic&quot;},{&quot;label&quot;:&quot;Education level (tertiary)&quot;,&quot;value&quot;:&quot;22.0&quot;,&quot;description&quot;:&quot;Percentage of population with tertiary education in region&quot;}],&quot;Economic Indicators&quot;:[{&quot;label&quot;:&quot;Median household income&quot;,&quot;value&quot;:&quot;10,200 USD per year&quot;,&quot;description&quot;:&quot;Estimated median annual household income in Puerto Plata&quot;},{&quot;label&quot;:&quot;Unemployment rate&quot;,&quot;value&quot;:&quot;6.5&quot;,&quot;description&quot;:&quot;Unemployment rate in Dominican Republic, 2023 average&quot;},{&quot;label&quot;:&quot;Cost of living index&quot;,&quot;value&quot;:&quot;55 Index (US=100)&quot;,&quot;description&quot;:&quot;Cost of living index for Dominican Republic&quot;}],&quot;Consumer Spending&quot;:[{&quot;label&quot;:&quot;Retail spending per capita&quot;,&quot;value&quot;:&quot;1,500 USD per year&quot;,&quot;description&quot;:&quot;Estimated annual retail spending per person in region&quot;},{&quot;label&quot;:&quot;Spending on apparel&quot;,&quot;value&quot;:&quot;300 USD per year&quot;,&quot;description&quot;:&quot;Estimated annual spending on apparel per capita&quot;},{&quot;label&quot;:&quot;Spending on groceries&quot;,&quot;value&quot;:&quot;600 USD per year&quot;,&quot;description&quot;:&quot;Estimated annual spending on groceries per capita&quot;},{&quot;label&quot;:&quot;Spending on electronics&quot;,&quot;value&quot;:&quot;200 USD per year&quot;,&quot;description&quot;:&quot;Estimated annual spending on electronics per capita&quot;}],&quot;Mall Traffic \u0026 Performance&quot;:[{&quot;label&quot;:&quot;Annual foot traffic&quot;,&quot;value&quot;:&quot;3,000,000 Visitors&quot;,&quot;description&quot;:&quot;Estimated annual visitors for a regional mall with 80 stores&quot;},{&quot;label&quot;:&quot;Dwell time&quot;,&quot;value&quot;:&quot;1.5 Hours&quot;,&quot;description&quot;:&quot;Average time visitors spend in the mall&quot;},{&quot;label&quot;:&quot;Conversion rate&quot;,&quot;value&quot;:&quot;25.0&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;6,500 USD per year&quot;,&quot;description&quot;:&quot;Estimated annual sales per square meter in Latin American malls&quot;}],&quot;Competition \u0026 Tenant Mix&quot;:[{&quot;label&quot;:&quot;Number of retail stores&quot;,&quot;value&quot;:&quot;80 Stores&quot;,&quot;description&quot;:&quot;Number of outlets in Plaza Turisol&quot;},{&quot;label&quot;:&quot;Anchor tenant presence&quot;,&quot;value&quot;:&quot;Yes Presence&quot;,&quot;description&quot;:&quot;Presence of anchor tenants like supermarket and cinema&quot;},{&quot;label&quot;:&quot;Competitor density (same category)&quot;,&quot;value&quot;:&quot;Low Density&quot;,&quot;description&quot;:&quot;Few competing malls on north coast&quot;},{&quot;label&quot;:&quot;Tenant diversity&quot;,&quot;value&quot;:&quot;High Diversity&quot;,&quot;description&quot;:&quot;Diverse mix of retail, dining, and entertainment&quot;},{&quot;label&quot;:&quot;Unique Concepts&quot;,&quot;value&quot;:&quot;5 Unique stores&quot;,&quot;description&quot;:&quot;Estimated number of unique or specialty concepts&quot;}],&quot;Real Estate \u0026 Leasing&quot;:[{&quot;label&quot;:&quot;Gross Leasable Area&quot;,&quot;value&quot;:&quot;8,000 sqm&quot;,&quot;description&quot;:&quot;Estimated GLA for largest north coast mall&quot;},{&quot;label&quot;:&quot;Number of Levels&quot;,&quot;value&quot;:&quot;2 Levels&quot;,&quot;description&quot;:&quot;Number of shopping levels&quot;},{&quot;label&quot;:&quot;Average rent per square meter&quot;,&quot;value&quot;:&quot;25 USD per month&quot;,&quot;description&quot;:&quot;Estimated average rent in Dominican Republic malls&quot;},{&quot;label&quot;:&quot;Vacancy rate&quot;,&quot;value&quot;:&quot;8.0&quot;,&quot;description&quot;:&quot;Estimated vacancy rate for regional malls&quot;},{&quot;label&quot;:&quot;Lease term flexibility&quot;,&quot;value&quot;:&quot;Medium Flexibility&quot;,&quot;description&quot;:&quot;Standard lease terms with some flexibility&quot;},{&quot;label&quot;:&quot;Available retail space&quot;,&quot;value&quot;:&quot;2,000 sqm&quot;,&quot;description&quot;:&quot;Estimated available space&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;Close to main coastal highways&quot;},{&quot;label&quot;:&quot;Public transport access&quot;,&quot;value&quot;:&quot;Medium Access&quot;,&quot;description&quot;:&quot;Access via local buses and taxis&quot;},{&quot;label&quot;:&quot;Parking spaces&quot;,&quot;value&quot;:&quot;1,000 Spaces&quot;,&quot;description&quot;:&quot;Estimated parking capacity&quot;},{&quot;label&quot;:&quot;Pedestrian traffic&quot;,&quot;value&quot;:&quot;Moderate Traffic&quot;,&quot;description&quot;:&quot;Foot traffic from nearby areas&quot;}],&quot;Digital \u0026 E-commerce Trends&quot;:[{&quot;label&quot;:&quot;E-commerce competition&quot;,&quot;value&quot;:&quot;Growing Competition&quot;,&quot;description&quot;:&quot;E-commerce growing at 17% CAGR in DR&quot;},{&quot;label&quot;:&quot;Click-and-collect adoption&quot;,&quot;value&quot;:&quot;15.0&quot;,&quot;description&quot;:&quot;Estimated adoption rate for click-and-collect&quot;},{&quot;label&quot;:&quot;Internet penetration&quot;,&quot;value&quot;:&quot;70.0&quot;,&quot;description&quot;:&quot;Internet penetration in Dominican Republic&quot;}],&quot;Safety \u0026 Security&quot;:[{&quot;label&quot;:&quot;Retail crime rate&quot;,&quot;value&quot;:&quot;Moderate Rate&quot;,&quot;description&quot;:&quot;Typical retail crime in tourist areas&quot;},{&quot;label&quot;:&quot;Security measures&quot;,&quot;value&quot;:&quot;Comprehensive Measures&quot;,&quot;description&quot;:&quot;CCTV, guards, and patrols present&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;Annual promotional events&quot;},{&quot;label&quot;:&quot;Loyalty program penetration&quot;,&quot;value&quot;:&quot;20.0&quot;,&quot;description&quot;:&quot;Estimated participation in loyalty programs&quot;},{&quot;label&quot;:&quot;Digital signage presence&quot;,&quot;value&quot;:&quot;Yes Presence&quot;,&quot;description&quot;:&quot;Digital signage 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;Projected annual growth in foot traffic&quot;},{&quot;label&quot;:&quot;New tenant pipeline&quot;,&quot;value&quot;:&quot;10 Tenants&quot;,&quot;description&quot;:&quot;Planned new tenants&quot;},{&quot;label&quot;:&quot;Mall expansion plans&quot;,&quot;value&quot;:&quot;Planned Plans&quot;,&quot;description&quot;:&quot;Potential expansion as largest on north coast&quot;}]}" data-map-mapbox-token-value="pk.eyJ1Ijoib2NjdXBpIiwiYSI6ImNtZXFkdHZwczBtNjIya215OWVpaGtucXoifQ.xiNo8HmyyKim2YrJ3LdqdQ" data-map-nearby-malls-value="{&quot;primary&quot;:[{&quot;id&quot;:7606,&quot;slug&quot;:&quot;puerto-plata-plaza&quot;,&quot;name&quot;:&quot;Puerto Plata Plaza&quot;,&quot;lat&quot;:&quot;19.7860395&quot;,&quot;lng&quot;:&quot;-70.6882179&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Puerto Plata Plaza is a shopping center situated in the Playa Dorada tourism complex on the north coast of the Dominican Republic, approximately 5 minutes from Puerto Plata city center and 15 minutes from Gregorio Luperon International Airport. Developed as part of a gated beachfront community featuring all-inclusive resorts, condos, villas, and an 18-hole golf course, the mall caters primarily to tourists with a focus on convenience retail. The tenant mix includes souvenir shops, pharmacies, banks, restaurants, bars, a drugstore, and the regions only cinema, creating a tourism-oriented environment rather than a comprehensive shopping destination. Footfall is seasonal, driven by international visitors from North America and Europe during the winter high season, supplemented by locals and expats from nearby Sosua and Cabarete. Occupancy has historically been moderate to low, with multiple reviews noting vacant units, suggesting rates around 60-75 percent based on regional retail reports. Rent levels in similar North Coast tourist plazas average $20-35 per square meter per month, influenced by high visibility locations near entrances. Accessibility benefits from proximity to cruise ports and highways, but the gated setup limits broader local access. Market position is as a resort-adjacent node, with strengths in captive tourist traffic but weaknesses in diverse categories and year-round stability. Leasing advantages encompass low entry barriers for tourism-aligned retailers and synergy with hotel guests, while drawbacks include competition from emerging urban malls like Jumbo Plaza, dependency on tourism fluctuations, and potential aging infrastructure issues in the 1980s-era complex. Overall, it suits seasonal or niche operators tolerant of variable demand.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Puerto Plata&quot;},&quot;anchor_tenants&quot;:&quot;Jumbo, H\u0026M, local retailers&quot;,&quot;distance&quot;:2.06,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;45&quot;,&quot;gla_sqm&quot;:&quot;18000&quot;,&quot;anchor_tenants&quot;:&quot;Jumbo, H\u0026M, local retailers&quot;}},{&quot;id&quot;:8657,&quot;slug&quot;:&quot;plaza-isabel-de-torres&quot;,&quot;name&quot;:&quot;Plaza Isabel De Torres&quot;,&quot;lat&quot;:&quot;19.7936&quot;,&quot;lng&quot;:&quot;-70.6494&quot;,&quot;property_type&quot;:&quot;Neighborhood&quot;,&quot;description&quot;:&quot;Plaza Isabel de Torres is a local open-air shopping plaza along Avenida Isabel de Torres in central Puerto Plata, Dominican Republic. This commercial node integrates market stalls, small shops, and service outlets, serving as a hub for daily retail needs amid the citys tourism-driven economy. The tenant mix comprises budget-oriented stores including clothing boutiques, food vendors, pharmacies, electronics repair, and souvenir vendors, appealing to cost-conscious consumers. Positioned near the municipal market and Mount Isabel de Torres attraction, it captures spillover traffic from tourists and locals. Footfall averages 4,000-6,000 daily, peaking at 8,000 during high season (Dec-Apr), per local commerce estimates. Occupancy hovers at 85%, bolstered by low rents of $8-12 per sq m monthly, making it accessible for small operators. Accessibility via major roads and public transport is strong, though limited parking and pedestrian congestion pose challenges. Demographics feature a provincial population of 330,000, with 55% aged 18-45, median income $450 monthly, and a blend of locals and international visitors from cruise ships at Amber Cove. Leasing advantages include flexible short-term agreements (6-24 months) and minimal build-out requirements, suiting pop-up or startup retailers. Drawbacks encompass competition from modern malls like Plaza Turisol (80+ tenants) and Playa Dorada, seasonal sales variability tied to tourism (70% of GDP), basic infrastructure with weather exposure, and saturation in low-margin categories like apparel and crafts. Retail performance metrics show annual sales of $250-350 per sq m, influenced by 12% tourism growth in 2025 per Dominican reports, yet vulnerable to economic shifts and online retail encroachment.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Puerto Plata&quot;},&quot;anchor_tenants&quot;:&quot;Local souvenir shops, small supermarkets&quot;,&quot;distance&quot;:2.72,&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;Local souvenir shops, small supermarkets&quot;}},{&quot;id&quot;:8658,&quot;slug&quot;:&quot;centro-comercial-puerto-plata&quot;,&quot;name&quot;:&quot;Centro Comercial Puerto Plata&quot;,&quot;lat&quot;:&quot;19.78174&quot;,&quot;lng&quot;:&quot;-70.67313&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Centro Comercial Puerto Plata is a retail center in the Playa Dorada area of Puerto Plata, Dominican Republic, spanning 20,000 square meters of gross leasable area. Opened in 2025 by owner Grupo Ramos, it includes anchor tenants Jumbo supermarket and Zara, complemented by local retailers, bars, restaurants, and the regions only cinema. Monthly footfall averages 100,000 visitors, with 40% motivated by shopping, 35% by dining, and 25% by home decor. Situated facing a golf club in a tourist hub, it provides 500 parking spaces and draws from Puerto Platas 300,000 residents plus seasonal tourists. The tenant mix focuses on family amenities, international cuisine, trendy fashion, and sustainable options, aligning with visitor preferences for affordable styles and streetwear. In Puerto Platas retail market, supported by Dominican Republics 5.1% GDP growth forecast for 2025 and 11.5 million tourists, the mall occupies a favorable position for tourism-oriented leasing. Advantages include high visibility, entertainment draw from the cinema, and proximity to attractions, enhancing retailer exposure. However, challenges encompass seasonal fluctuations in footfall and limited public transport data. Occupancy details are unavailable, but the modern infrastructure positions it well against older competitors. Rent levels remain undisclosed publicly, requiring direct inquiry for specifics on lease terms and incentives.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Puerto Plata&quot;},&quot;anchor_tenants&quot;:&quot;Jumbo, Zara, local retailers&quot;,&quot;distance&quot;:0.46,&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;Jumbo, Zara, local retailers&quot;}},{&quot;id&quot;:7494,&quot;slug&quot;:&quot;puerto-plata-shopping-village&quot;,&quot;name&quot;:&quot;Puerto Plata Shopping Village&quot;,&quot;lat&quot;:&quot;19.7860397&quot;,&quot;lng&quot;:&quot;-70.6882107&quot;,&quot;property_type&quot;:&quot;Shopping Centre&quot;,&quot;description&quot;:&quot;Puerto Plata Shopping Village, a 15,000 sqm two-level retail center built in 2015, is located on Avenida General Gregorio Luperon No. 1100 in Puerto Plata, Dominican Republic, along the main highway to tourist areas like Playa Dorada and Sosua, 15 km from Gregorio Luperon International Airport. It offers 100 parking spaces and high accessibility for locals and travelers. The tenant mix combines essential retail such as groceries, pharmacies, and supermarkets with tourist-focused elements like souvenirs and casual dining, positioning it as a mid-tier destination avoiding oversaturated categories like electronics. Regional occupancy stands at 93.5% with low 6.5% vacancy, driven by tourism recovery and economic growth. Average monthly footfall is 50,000, with 5,000-10,000 daily visitors peaking in December-April season, supported by spillover from 12 million projected DR tourists in 2025. Rent levels range from US$25-35 per sqm per month, offering cost advantages over premium sites at US$30-40/sqm, with flexible 100-500 sqm spaces and incentives like fit-out allowances for anchors. Leasing advantages include percentage rent options tied to sales and lower entry barriers for small retailers. Demographics feature 250,000 people in 10 km radius, median age 29, 3.4 persons per household, and US$500 average monthly income, favoring value retail. However, drawbacks include 40% off-peak footfall drop, competition from Playa Dorada Mall&#39;s tourist focus, upscale Blue Mall, and new Cedaky Mall in 2025 with modern amenities. Market saturation in souvenirs and liquor, plus e-commerce pressures, pose risks. Tourism dependency amid 5-7% inflation and 42% hotel occupancy adds vulnerability, while humid climate challenges infrastructure maintenance.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Puerto Plata&quot;},&quot;anchor_tenants&quot;:&quot;Local souvenir shops, restaurants, small supermarkets&quot;,&quot;distance&quot;:2.06,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;40&quot;,&quot;gla_sqm&quot;:&quot;4000&quot;,&quot;anchor_tenants&quot;:&quot;Local souvenir shops, restaurants, small supermarkets&quot;}},{&quot;id&quot;:8289,&quot;slug&quot;:&quot;cedaky-mall&quot;,&quot;name&quot;:&quot;Cedaky Mall&quot;,&quot;lat&quot;:&quot;19.7822691&quot;,&quot;lng&quot;:&quot;-70.673706&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Cedaky Mall on Avenida Manolo Tavárez Justo in Puerto Plata, Dominican Republic, is the city\&quot;s first large-scale modern shopping center, covering over 6,000 square meters and opening with a soft launch in November 2025. It positions itself as a central retail and entertainment destination for locals and tourists in this tourism-driven coastal area. The tenant mix features anchors like La Sirena supermarket, fashion outlets including Payless Shoe Source, children\&quot;s stores such as Tatti Kids, telecom provider Altice, banks, restaurants, cafes, and emerging entertainment zones. This diversity supports everyday shopping, casual dining, and family outings, addressing previous gaps in organized retail options. Leasing advantages include flexible terms for ground-level spaces ideal for boutiques or food services, with competitive rents of $15-25 per square meter monthly, often with sales-based escalations to mitigate startup risks. The property benefits from high visibility on a main thoroughfare, ample parking for 300 vehicles, and modern infrastructure like air-conditioning and Wi-Fi. Market position is favorable as the pioneer, capturing share from informal markets, though seasonal tourism affects performance, with peaks December-April drawing cruise passengers and winter visitors. Occupancy is approximately 65%, with potential for growth as more tenants join. Demographic profile includes 250,000 local residents with middle-income levels (average $1,200 monthly household) and up to 500,000 annual tourists from North America and Europe, favoring convenience and souvenir retail. Operational quality is strong, but challenges encompass traffic congestion, limited public transit, and vulnerability to regional economic fluctuations or weather events like hurricanes. Overall, it offers solid potential for retailers targeting mixed-use traffic, balanced against the need for adaptive strategies in a nascent market.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Puerto Plata&quot;},&quot;anchor_tenants&quot;:&quot;Casa Cuesta Electro, Payless Shoe Source, Miniso, Altice&quot;,&quot;distance&quot;:0.54,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;50&quot;,&quot;gla_sqm&quot;:&quot;18200&quot;,&quot;anchor_tenants&quot;:&quot;Casa Cuesta Electro, Payless Shoe Source, Miniso, Altice&quot;}}],&quot;secondary&quot;:[{&quot;id&quot;:8827,&quot;slug&quot;:&quot;lifestyle-center-puerto-plata&quot;,&quot;name&quot;:&quot;Lifestyle Center Puerto Plata&quot;,&quot;lat&quot;:&quot;19.7899&quot;,&quot;lng&quot;:&quot;-70.6078&quot;,&quot;property_type&quot;:&quot;Shopping Centre&quot;,&quot;description&quot;:&quot;Lifestyle Center Puerto Plata, situated in Puerto Plata, Dominican Republic, is a 15,000 sqm two-level shopping center built in 2015, offering 100 parking spaces. Positioned along the main highway to tourist areas like Playa Dorada, it is 15 km from the airport, ensuring high accessibility. The mid-tier market position emphasizes practical retail for locals and tourists, with a tenant mix of groceries, pharmacies, souvenirs, casual dining, and small supermarkets. Approximately 40 stores operate here, achieving 93.5% occupancy regionally. Rents are US$25-35/sqm/month, with incentives such as fit-out allowances and sales-tied percentage rents. Monthly footfall averages 50,000, peaking at 8,000 daily in high season (Dec-Apr), supported by tourism. Demographics include 250,000 residents in 10 km radius, median age 29, household income US$500, favoring value-oriented shopping. Advantages include flexible leasing, safety features, and growth potential from tourism (12M visitors projected 2025). Drawbacks involve seasonal volatility, 40% off-peak drop, and competition from upscale Blue Mall and new Cedaky Mall.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Puerto Plata&quot;},&quot;anchor_tenants&quot;:&quot;local souvenir shops, restaurants, small supermarkets&quot;,&quot;distance&quot;:6.63,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;60&quot;,&quot;gla_sqm&quot;:&quot;15000&quot;,&quot;anchor_tenants&quot;:&quot;local souvenir shops, restaurants, small supermarkets&quot;}},{&quot;id&quot;:8498,&quot;slug&quot;:&quot;plaza-monte-llano&quot;,&quot;name&quot;:&quot;Plaza Monte Llano&quot;,&quot;lat&quot;:&quot;19.7369165&quot;,&quot;lng&quot;:&quot;-70.6031325&quot;,&quot;property_type&quot;:&quot;Neighborhood&quot;,&quot;description&quot;:&quot;Plaza Monte Llano is a modest shopping plaza located in Villa Montellano, a suburb of Puerto Plata in the Dominican Republic. This property serves primarily the local community in the Montellano area, which is known for its residential neighborhoods and proximity to agricultural zones. The plaza spans approximately 10,000 square meters and features around 20-25 retail units, including a small supermarket, pharmacy, local eateries, clothing stores, and basic services like a bank branch and hardware shop. Its market position is as a neighborhood center rather than a tourist-oriented destination, contrasting with larger malls like Playa Dorada Mall or the newer Jumbo Plaza in central Puerto Plata. Tenant mix emphasizes everyday essentials over luxury or entertainment, with anchors including a regional grocery chain and fast-casual dining options. Occupancy stands at about 75-80% based on regional commercial real estate reports for secondary markets in the North Coast. Rent levels are competitive for the area, averaging $15-20 per square meter monthly, making it attractive for small to medium-sized retailers targeting local demographics. Accessibility is via local roads connecting to the main Autopista del Atlantico, though public transport is limited, relying on guaguas (minibuses). Footfall estimates range from 1,000-3,000 daily visitors during peak seasons (December-April), driven by tourism spillover from nearby resorts, but drops to 500-1,000 in off-season. Demographic profile includes middle to lower-middle income families, with a population of around 15,000 in the immediate catchment area, aged 25-55, many employed in agriculture, tourism services, or commuting to Puerto Plata city. Leasing advantages include flexible terms for short-term leases and low turnover due to stable local demand, but challenges involve seasonal fluctuations tied to tourism and competition from larger, more modern centers. Operational quality is average, with basic maintenance and no major infrastructure issues reported, though aging facades suggest potential upgrades. Overall, it offers a low-risk entry for retailers focused on community-oriented retail in a growing suburban market influenced by Puerto Platas tourism economy.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Puerto Plata&quot;},&quot;anchor_tenants&quot;:&quot;Local supermarket, clothing stores&quot;,&quot;distance&quot;:8.41,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;60&quot;,&quot;gla_sqm&quot;:&quot;8000&quot;,&quot;anchor_tenants&quot;:&quot;Local supermarket, clothing stores&quot;}}],&quot;outside&quot;:[{&quot;id&quot;:7515,&quot;slug&quot;:&quot;puerto-plata-village&quot;,&quot;name&quot;:&quot;Puerto Plata Village&quot;,&quot;lat&quot;:&quot;19.7644&quot;,&quot;lng&quot;:&quot;-70.5211&quot;,&quot;property_type&quot;:&quot;Mixed-Use&quot;,&quot;description&quot;:&quot;Puerto Plata Village is a four-star all-inclusive resort situated in the Playa Dorada tourism district of Puerto Plata, Dominican Republic, encompassing 385 rooms inspired by Colonial and Victorian architecture and adjacent to an 18-hole Robert Trent Jones-designed golf course. Although primarily a hospitality property, it integrates with the surrounding commercial ecosystem, including nearby retail outlets in the Playa Dorada complex, which supports leasing opportunities for retailers targeting tourists. The properties market position leverages Puerto Platas role as a major tourism gateway, attracting approximately 2.5 million visitors annually, with footfall in the district estimated at 5,000-10,000 daily during peak season (December to April). Tenant mix in adjacent shopping areas features a blend of international brands such as Adidas and Tommy Hilfiger, local artisan shops specializing in amber and larimar jewelry, souvenir vendors, and dining establishments offering Dominican cuisine, achieving an occupancy rate of around 75-85% in prime spaces. Leasing advantages include high visibility to affluent tourist demographics, with average daily spends of $150-250 per visitor, and flexible terms often incorporating percentage-of-sales clauses that align costs with performance. Accessibility is strong, with the Gregorio Luperon International Airport just 15 km away and reliable shuttle services to the site. However, the retail environment faces seasonal variability, with off-peak footfall dropping by 40-50%, alongside competition from established centers like Playa Dorada Mall (over 60 tenants) and the newer Blue Mall Puerto Plata. Rent levels in tourist-oriented retail spaces range from $25 to $45 per square meter per month, reflecting the areas operational quality with modern infrastructure but noting risks from hurricane-prone weather and market saturation in giftware categories. Overall, the location offers balanced potential for retailers in fashion, accessories, and experiential services, contingent on adapting to tourism cycles.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Puerto Plata&quot;},&quot;anchor_tenants&quot;:&quot;Playa Dorada Mall nearby, various resorts shops&quot;,&quot;distance&quot;:15.67,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;40&quot;,&quot;gla_sqm&quot;:&quot;6000&quot;,&quot;anchor_tenants&quot;:&quot;Playa Dorada Mall nearby, various resorts shops&quot;}}]}" data-map-update-url-value="/malls/plaza-turisol" id="mall-map-wrapper"><div data-city="Puerto Plata" data-current-mall="true" data-id="plaza-turisol" data-lat="19.7787805" data-lng="-70.6701019" data-map-target="mall" data-name="Plaza Turisol" 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 radius</div><div class="stat-label">Primary Catchment Area</div></div><div class="stat-card"><div class="stat-value">30 km radius</div><div class="stat-label">Secondary Catchment Area</div></div><div class="stat-card"><div class="stat-value">150,000 People</div><div class="stat-label">Catchment area population</div></div><div class="stat-card"><div class="stat-value">1.2</div><div class="stat-label">Population growth rate</div></div></div></div><div class="stats-category"><h5>Economic Indicators</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">10,200 USD per year</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">55 Index (US=100)</div><div class="stat-label">Cost of living index</div></div></div></div><div class="stats-category"><h5>Consumer Spending</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">1,500 USD per year</div><div class="stat-label">Retail spending per capita</div></div><div class="stat-card"><div class="stat-value">300 USD per year</div><div class="stat-label">Spending on apparel</div></div><div class="stat-card"><div class="stat-value">600 USD per year</div><div class="stat-label">Spending on groceries</div></div><div class="stat-card"><div class="stat-value">200 USD per year</div><div class="stat-label">Spending on electronics</div></div></div></div><div class="stats-category"><h5>Mall Traffic &amp; Performance</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">3,000,000 Visitors</div><div class="stat-label">Annual foot traffic</div></div><div class="stat-card"><div class="stat-value">1.5 Hours</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">6,500 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">80 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">Low 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">8,000 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">25 USD per month</div><div class="stat-label">Average rent per square meter</div></div><div class="stat-card"><div class="stat-value">8.0</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">Medium 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">Moderate 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">Growing Competition</div><div class="stat-label">E-commerce competition</div></div><div class="stat-card"><div class="stat-value">15.0</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">Moderate Rate</div><div class="stat-label">Retail crime rate</div></div><div class="stat-card"><div class="stat-value">Comprehensive 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">20.0</div><div class="stat-label">Loyalty program penetration</div></div><div class="stat-card"><div class="stat-value">Yes Presence</div><div class="stat-label">Digital signage presence</div></div></div></div><div class="stats-category"><h5>Growth Potential</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">5.0</div><div class="stat-label">Projected foot traffic growth</div></div><div class="stat-card"><div class="stat-value">10 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>