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Daily Essentials & GrocerySpecialty RetailQuick-Service DiningFamily EntertainmentTourist & Duty-Free

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Ultra-Luxury PositioningLarge Footprint RetailDiscount Retail

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Retail Park Potrero, situated in Playa Potrero, Guanacaste, Costa Rica, is a modest retail facility established in 1999 with 250 sqm GLA and 20 parking spots. It caters to a small coastal community blending locals, expats, and seasonal tourists. Monthly footfall averages 4,166, with visitors seeking shopping (40%), dining (35%), and home goods (25%). Demand exists for family amenities, varied cuisine, and modern apparel.

No current tenants listed, allowing flexibility for new entrants. The local market features limited retail options, prompting travel to Tamarindo (20km away) for broader choices. Growing real estate and tourism bolster potential, yet seasonal dips and infrastructure limitations pose risks.

Accessibility via main roads is adequate, but foot traffic relies on proximity to beaches and resorts. Rent data unavailable, but comparable small spaces in Guanacaste suggest competitive rates around $2-3/sqft. This park suits convenience-oriented retailers targeting affluent expats and vacationers, though scale constraints limit high-volume operations.

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Hours of Operation

Hours

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Monday10:00 AM — 09:00 PM
Tuesday10:00 AM — 09:00 PM
Wednesday10:00 AM — 09:00 PM
Thursday10:00 AM — 09:00 PM
Friday10:00 AM — 10:00 PM
Saturday10:00 AM — 10:00 PM
Sunday11:00 AM — 06:00 PM
Holiday Hours

Hours may vary on public holidays. Check with individual stores for specific holiday schedules.

Playa Potrero, Guanacaste 50304, Costa Rica

Insights

Demographics and Visitor Profile

Playa Potrero's population includes approximately 1,500 residents, augmented by expats (primarily North Americans and Europeans) and tourists focused on beach relaxation. Median age skews older due to retirees, with household incomes above national average from foreign sources. Footfall of 4,166 monthly reflects low-density traffic suitable for boutique retail rather than mass-market. Strengths include loyal expat customer base; weaknesses involve seasonal variability, dropping in rainy season (May-Nov).

Competition and Market Position

Limited local competition positions Retail Park Potrero as a primary convenience hub, but proximity to Tamarindo's established plazas (e.g., Plaza Conchal) draws shoppers for variety. Market saturation low in essentials, yet tourism-driven economy exposes to global travel trends. Occupancy unknown, but small size (250 sqm) favors quick leasing for food/beverage or services. Risks: Economic dependence on tourism, potential oversupply from new developments.

Accessibility and Operational Factors

Located near Route 155, access by car is straightforward from Liberia Airport (1 hour drive), with 20 parking spaces accommodating peak needs. Public transport limited, relying on shuttles/taxis. Infrastructure aging (built 1999), may require maintenance. Advantages: Beachfront vibe enhances lifestyle appeal; drawbacks: No major anchor tenants, low footfall limits visibility. Operational quality average for rural CR, with reliable utilities but occasional power issues in storms.

Building Details

Property Type
Retail
Gross Leasable Area
250
Year Built
1999
Parking Spaces
150
Average Monthly Footfall
37,500

Detailed Market Analytics

Primary Catchment Area
5 km
Secondary Catchment Area
20 km
Catchment area population
25,000 People
Population growth rate
4.5 %
Median age
34 Years
Household size
3.2 Persons
Education level (tertiary)
28.0 %

Median household income
14,500 USD per year
Unemployment rate
9.5 %
Cost of living index
115 (US=100)

Retail spending per capita
2,200 USD per year
Spending on apparel
450 USD per capita
Spending on groceries
800 USD per capita
Spending on electronics
300 USD per capita

Annual foot traffic
450,000 Visitors
Dwell time
1.5 Hours
Conversion rate
18.0 %
Sales per square meter
4,800 USD

Number of retail stores
12 Stores
Anchor tenant presence
Yes
Competitor density (same category)
Low
Tenant diversity
Medium
Unique Concepts
Local artisan shops

Gross Leasable Area
250 SQM
Number of Levels
1 Levels
Average rent per square meter
18 USD per month
Vacancy rate
6.0 %
Lease term flexibility
3-5 years Years
Available retail space
400 SQM

Proximity to main roads
Direct access
Public transport access
Limited
Parking spaces
150 Spaces
Pedestrian traffic
Medium

E-commerce competition
High
Click-and-collect adoption
25.0 %
Internet penetration
75.0 %

Retail crime rate
Low
Security measures
CCTV and guards

Promotional events
Bi-weekly
Loyalty program penetration
35.0 %
Digital signage presence
Yes

Projected foot traffic growth
5.0 %
New tenant pipeline
3 Tenants
Mall expansion plans
Phase 1 addition sqm
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Playa Potrero

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