<turbo-stream action="replace" target="mall-map-wrapper"><template><div data-controller="map" data-lat="14.70413" data-lng="-91.86426" data-map-catchment-data-value="{&quot;lat&quot;:&quot;14.70413&quot;,&quot;lng&quot;:&quot;-91.86426&quot;,&quot;primary_radius&quot;:5.0,&quot;secondary_radius&quot;:15.0,&quot;population&quot;:40000}" data-map-demographic-summary-value="{&quot;Mall Demographics&quot;:[{&quot;label&quot;:&quot;Primary Catchment Area&quot;,&quot;value&quot;:&quot;5 km radius&quot;,&quot;description&quot;:&quot;Estimated primary trade area within walking/driving distance for daily shoppers in Coatepeque town center&quot;},{&quot;label&quot;:&quot;Secondary Catchment Area&quot;,&quot;value&quot;:&quot;20 km radius&quot;,&quot;description&quot;:&quot;Extended area including surrounding rural zones in Quetzaltenango department&quot;},{&quot;label&quot;:&quot;Catchment area population&quot;,&quot;value&quot;:&quot;40,000 People&quot;,&quot;description&quot;:&quot;Population of Coatepeque town core, primary customer base (2018 census estimate)&quot;},{&quot;label&quot;:&quot;Population growth rate&quot;,&quot;value&quot;:&quot;1.4&quot;,&quot;description&quot;:&quot;Annual growth rate aligned with national Guatemala average (World Bank data)&quot;},{&quot;label&quot;:&quot;Median age&quot;,&quot;value&quot;:&quot;24 Years&quot;,&quot;description&quot;:&quot;Estimated median age for Coatepeque residents, similar to national 23.4 years (CIA Factbook)&quot;},{&quot;label&quot;:&quot;Household size&quot;,&quot;value&quot;:&quot;4.5 Persons per household&quot;,&quot;description&quot;:&quot;Average household size in Guatemala rural/municipal areas (INE Guatemala)&quot;},{&quot;label&quot;:&quot;Education level (tertiary)&quot;,&quot;value&quot;:&quot;12.0&quot;,&quot;description&quot;:&quot;Percentage with higher education in Quetzaltenango region, inferred from national 10-15% (UNESCO)&quot;}],&quot;Economic Indicators&quot;:[{&quot;label&quot;:&quot;Median household income&quot;,&quot;value&quot;:&quot;4,200 USD per year&quot;,&quot;description&quot;:&quot;Estimated annual median income for Coatepeque households, based on national average adjusted for rural area (World Bank)&quot;},{&quot;label&quot;:&quot;Unemployment rate&quot;,&quot;value&quot;:&quot;2.0&quot;,&quot;description&quot;:&quot;Local unemployment rate, slightly above national 1.7% due to informal economy (Trading Economics)&quot;},{&quot;label&quot;:&quot;Cost of living index&quot;,&quot;value&quot;:&quot;42 Index (US=100)&quot;,&quot;description&quot;:&quot;Cost of living in Coatepeque/Quetzaltenango, lower than urban Guatemala City (Numbeo estimates)&quot;}],&quot;Consumer Spending&quot;:[{&quot;label&quot;:&quot;Retail spending per capita&quot;,&quot;value&quot;:&quot;1,200 USD per year&quot;,&quot;description&quot;:&quot;Annual retail expenditure per person in municipal area, derived from national consumer spending data (Statista)&quot;},{&quot;label&quot;:&quot;Spending on apparel&quot;,&quot;value&quot;:&quot;250 USD per capita per year&quot;,&quot;description&quot;:&quot;Estimated apparel spending, ~20% of retail total in lower-income areas (Euromonitor)&quot;},{&quot;label&quot;:&quot;Spending on groceries&quot;,&quot;value&quot;:&quot;600 USD per capita per year&quot;,&quot;description&quot;:&quot;Groceries as primary spend category, ~50% of retail in Guatemala households (FAS USDA report)&quot;},{&quot;label&quot;:&quot;Spending on electronics&quot;,&quot;value&quot;:&quot;150 USD per capita per year&quot;,&quot;description&quot;:&quot;Electronics spending, lower due to income levels, ~12% of retail (market estimates)&quot;}],&quot;Mall Traffic \u0026 Performance&quot;:[{&quot;label&quot;:&quot;Annual foot traffic&quot;,&quot;value&quot;:&quot;150,000 Visitors&quot;,&quot;description&quot;:&quot;Estimated yearly visitors for small regional mall, scaled from similar Guatemala sites like La Democracia (Occupi data)&quot;},{&quot;label&quot;:&quot;Dwell time&quot;,&quot;value&quot;:&quot;90 Minutes&quot;,&quot;description&quot;:&quot;Average time shoppers spend, typical for family-oriented local plazas (general retail analytics)&quot;},{&quot;label&quot;:&quot;Conversion rate&quot;,&quot;value&quot;:&quot;20.0&quot;,&quot;description&quot;:&quot;Percentage of visitors making purchases, estimated for small malls in emerging markets (industry average)&quot;},{&quot;label&quot;:&quot;Sales per square meter&quot;,&quot;value&quot;:&quot;3,500 USD per year&quot;,&quot;description&quot;:&quot;Annual sales revenue per sqm, adjusted from national mall averages (Occupi/Statista)&quot;}],&quot;Competition \u0026 Tenant Mix&quot;:[{&quot;label&quot;:&quot;Number of retail stores&quot;,&quot;value&quot;:&quot;25 Stores&quot;,&quot;description&quot;:&quot;Approximate number of tenants including clothing, home goods, eateries (inferred from social media descriptions)&quot;},{&quot;label&quot;:&quot;Anchor tenant presence&quot;,&quot;value&quot;:&quot;Yes Presence&quot;,&quot;description&quot;:&quot;Local anchors like supermarkets or cafes present (Facebook/Instagram insights)&quot;},{&quot;label&quot;:&quot;Competitor density (same category)&quot;,&quot;value&quot;:&quot;Low Density&quot;,&quot;description&quot;:&quot;Few competing malls in Coatepeque, mainly street retail (local market analysis)&quot;},{&quot;label&quot;:&quot;Tenant diversity&quot;,&quot;value&quot;:&quot;Medium Diversity&quot;,&quot;description&quot;:&quot;Mix of local apparel, food, entertainment; supports family shopping (plaza website)&quot;},{&quot;label&quot;:&quot;Unique Concepts&quot;,&quot;value&quot;:&quot;Local artisan shops Concepts&quot;,&quot;description&quot;:&quot;Inclusion of Guatemalan crafts and family recreation areas (social media)&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;Estimated GLA for small plaza in regional town (inferred from similar sites)&quot;},{&quot;label&quot;:&quot;Number of Levels&quot;,&quot;value&quot;:&quot;1 Levels&quot;,&quot;description&quot;:&quot;Single-level open-air style common in Guatemala small plazas (visual from online)&quot;},{&quot;label&quot;:&quot;Average rent per square meter&quot;,&quot;value&quot;:&quot;15 USD per month&quot;,&quot;description&quot;:&quot;Monthly rent rate for retail space in Quetzaltenango area (Global Property Guide)&quot;},{&quot;label&quot;:&quot;Vacancy rate&quot;,&quot;value&quot;:&quot;5.0&quot;,&quot;description&quot;:&quot;Low vacancy due to local demand (national retail trends)&quot;},{&quot;label&quot;:&quot;Lease term flexibility&quot;,&quot;value&quot;:&quot;High Flexibility&quot;,&quot;description&quot;:&quot;Short-term leases for local entrepreneurs (plaza promotions)&quot;},{&quot;label&quot;:&quot;Available retail space&quot;,&quot;value&quot;:&quot;500 sqm&quot;,&quot;description&quot;:&quot;Estimated current availability for new tenants (market estimation)&quot;}],&quot;Accessibility \u0026 Infrastructure&quot;:[{&quot;label&quot;:&quot;Proximity to main roads&quot;,&quot;value&quot;:&quot;Central Location&quot;,&quot;description&quot;:&quot;Located in Zona 1, near key streets in Coatepeque (address data)&quot;},{&quot;label&quot;:&quot;Public transport access&quot;,&quot;value&quot;:&quot;Good Access&quot;,&quot;description&quot;:&quot;Bus routes serve central area (local knowledge)&quot;},{&quot;label&quot;:&quot;Parking spaces&quot;,&quot;value&quot;:&quot;150 Spaces&quot;,&quot;description&quot;:&quot;Estimated parking for small mall serving local traffic (inferred)&quot;},{&quot;label&quot;:&quot;Pedestrian traffic&quot;,&quot;value&quot;:&quot;High Traffic&quot;,&quot;description&quot;:&quot;Central location boosts walk-in shoppers (urban setting)&quot;}],&quot;Digital \u0026 E-commerce Trends&quot;:[{&quot;label&quot;:&quot;E-commerce competition&quot;,&quot;value&quot;:&quot;Low Competition&quot;,&quot;description&quot;:&quot;Limited online retail penetration in rural Guatemala (AfterShip stats)&quot;},{&quot;label&quot;:&quot;Click-and-collect adoption&quot;,&quot;value&quot;:&quot;10.0&quot;,&quot;description&quot;:&quot;Low adoption in small malls, growing nationally (Euromonitor)&quot;},{&quot;label&quot;:&quot;Internet penetration&quot;,&quot;value&quot;:&quot;55.0&quot;,&quot;description&quot;:&quot;Internet access in Quetzaltenango department (World Bank)&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 for Guatemala urban areas, petty theft (general reports)&quot;},{&quot;label&quot;:&quot;Security measures&quot;,&quot;value&quot;:&quot;CCTV and guards Measures&quot;,&quot;description&quot;:&quot;Standard security for plazas including surveillance (inferred)&quot;}],&quot;Marketing \u0026 Events&quot;:[{&quot;label&quot;:&quot;Promotional events&quot;,&quot;value&quot;:&quot;Monthly Events&quot;,&quot;description&quot;:&quot;Regular family events and sales promotions (Facebook posts)&quot;},{&quot;label&quot;:&quot;Loyalty program penetration&quot;,&quot;value&quot;:&quot;15.0&quot;,&quot;description&quot;:&quot;Basic loyalty via local cards, low penetration (estimation)&quot;},{&quot;label&quot;:&quot;Digital signage presence&quot;,&quot;value&quot;:&quot;Yes Presence&quot;,&quot;description&quot;:&quot;Social media and on-site digital promotions (Instagram activity)&quot;}],&quot;Growth Potential&quot;:[{&quot;label&quot;:&quot;Projected foot traffic growth&quot;,&quot;value&quot;:&quot;3.0&quot;,&quot;description&quot;:&quot;Expected growth with population and economy (national retail forecast)&quot;},{&quot;label&quot;:&quot;New tenant pipeline&quot;,&quot;value&quot;:&quot;5 New tenants per year&quot;,&quot;description&quot;:&quot;Opportunities for local businesses (plaza outreach)&quot;},{&quot;label&quot;:&quot;Mall expansion plans&quot;,&quot;value&quot;:&quot;nan Plans&quot;,&quot;description&quot;:&quot;No announced expansions, focus on current operations (website)&quot;}]}" data-map-mapbox-token-value="pk.eyJ1Ijoib2NjdXBpIiwiYSI6ImNtZXFkdHZwczBtNjIya215OWVpaGtucXoifQ.xiNo8HmyyKim2YrJ3LdqdQ" data-map-nearby-malls-value="{&quot;primary&quot;:[],&quot;secondary&quot;:[],&quot;outside&quot;:[{&quot;id&quot;:7726,&quot;slug&quot;:&quot;centro-comercial-la-democracia&quot;,&quot;name&quot;:&quot;Centro Comercial La Democracia&quot;,&quot;lat&quot;:&quot;14.841812&quot;,&quot;lng&quot;:&quot;-91.52051&quot;,&quot;property_type&quot;:&quot;Shopping Centre&quot;,&quot;description&quot;:&quot;Centro Comercial La Democracia is a mid-sized shopping center located at 16 Avenida 0-56, Zone 3, in Quetzaltenango, Guatemala&#39;s second-largest city with a metropolitan population exceeding 600,000. Positioned in the bustling La Democracia commercial district, it integrates modern retail spaces with traditional market elements, serving as a key hub for local commerce. The property spans approximately 10,000 square meters of gross leasable area, featuring a mix of anchor tenants including supermarkets, pharmacies, and apparel stores alongside smaller vendors offering household goods and services. Its market position is strong within the secondary city retail landscape, where modern organized retail accounts for about 20% of total sales, compared to 40% in Guatemala City. Tenant mix emphasizes everyday essentials with 40% grocery and food-related outlets, 30% fashion and accessories, and 30% services like banking and electronics. Leasing advantages include competitive rents averaging 12-18 USD per square meter monthly, flexible terms from 3-5 years, and high visibility in a pedestrian-heavy zone. Accessibility is facilitated by proximity to public transport routes and the city center, though parking is limited to 150 spaces. Operational quality is moderate, with recent renovations improving infrastructure but some areas showing signs of wear. Footfall estimates reach 5,000-7,000 daily visitors, driven by local residents and market spillover. Occupancy stands at around 85%, reflecting stable demand amid economic growth of 4% in the region. Challenges include seasonal footfall dips during rainy seasons and competition from larger malls like Pradera Xela. Demographic profile targets middle-income families with average household incomes of 800-1,200 USD monthly, including a significant indigenous Maya population influencing product preferences toward affordable, practical items. Overall, it offers balanced opportunities for retailers seeking established local traffic without premium capital costs.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Quetzaltenango&quot;},&quot;anchor_tenants&quot;:&quot;Local markets and vendors&quot;,&quot;distance&quot;:40.01,&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 markets and vendors&quot;}},{&quot;id&quot;:8725,&quot;slug&quot;:&quot;plaza-zunil&quot;,&quot;name&quot;:&quot;Plaza Zunil&quot;,&quot;lat&quot;:&quot;14.7853627&quot;,&quot;lng&quot;:&quot;-91.4844912&quot;,&quot;property_type&quot;:&quot;Neighborhood&quot;,&quot;description&quot;:&quot;Plaza Zunil is a modest commercial plaza in the rural municipality of Zunil, Quetzaltenango department, Guatemala, serving a population of about 15,000 residents of primarily Mayan descent. The property comprises approximately 25 retail spaces totaling 5,000 square meters, focusing on essential retail such as groceries, pharmacies, clothing, and local food stalls. Tenant mix is dominated by independent local operators, with no major national anchors, emphasizing affordability and community-oriented commerce. Positioned as a neighborhood hub near the town center, it benefits from proximity to agricultural areas and the popular Fuentes Georginas hot springs, drawing limited tourist footfall. Daily visitor traffic estimates range from 600 to 900, influenced by weekly market days and seasonal farming activities. Occupancy hovers around 80-90%, with average rents at Q50-80 per square meter per month, significantly below urban rates in Quetzaltenango (Q150+). Accessibility relies on secondary roads from Xela (9 km away), supported by minibuses, though parking is ample but unpaved. Demographic profile features low-to-middle income households engaged in vegetable farming, textile weaving, and small-scale trade. Leasing advantages include low overhead costs, stable demand for daily necessities, and potential for cross-promotion with tourism. However, drawbacks encompass competition from open-air markets, infrastructure limitations like intermittent power, and market saturation in produce categories. Operational quality is functional but dated, requiring tenant investment in fixtures. Overall, the plaza suits budget-focused retailers targeting local consumption patterns amid a growing regional economy.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Zunil&quot;},&quot;anchor_tenants&quot;:&quot;Local Market, Small Shops&quot;,&quot;distance&quot;:41.82,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;30&quot;,&quot;gla_sqm&quot;:&quot;3000&quot;,&quot;anchor_tenants&quot;:&quot;Local Market, Small Shops&quot;}},{&quot;id&quot;:8551,&quot;slug&quot;:&quot;plaza-central-mazatenango&quot;,&quot;name&quot;:&quot;Plaza Central Mazatenango&quot;,&quot;lat&quot;:&quot;14.5319681&quot;,&quot;lng&quot;:&quot;-91.4819593&quot;,&quot;property_type&quot;:&quot;Regional&quot;,&quot;description&quot;:&quot;Plaza Central Mazatenango serves as a key local retail hub in the city of Mazatenango, Suchitepequez Department, Guatemala, situated near the central park and along the CA-2 highway at approximately kilometer 158. This mid-sized shopping center, developed to cater to the regions approximately 80,000 residents, spans an estimated 20,000 square meters with around 50-60 stores across a single level, focusing on everyday essentials and community needs. The tenant mix emphasizes practical retail, including a supermarket anchor like a local chain, pharmacies, basic apparel boutiques, bank branches for financial services, and casual dining options such as pupuserias and fast-food outlets offering Guatemalan staples. Market position is that of a neighborhood-oriented property, benefiting from Mazatenangos strategic location as a transit point between Guatemala City and coastal areas, drawing both local shoppers and passing traffic. Occupancy rates hover around 80-85 percent, aligned with regional suburban mall averages, supported by steady demand for affordable goods amid Guatemalas 4 percent annual retail growth driven by urbanization. Leasing advantages include competitive rents of $6-9 per square meter monthly, flexible terms for small retailers, and ample parking for 300 vehicles, enhancing accessibility. However, the property faces challenges from seasonal rainy periods reducing footfall by 15-20 percent and competition from nearby centers like Plaza Americas and Metroplaza, which offer similar mixes. Demographic profile features middle to lower-income households with average monthly earnings of $500-800, predominantly ladino and Kiche populations in family-oriented units, influencing demand toward value-driven categories rather than luxury. Operational quality is adequate with basic infrastructure, though aging elements like lighting and HVAC may require updates, potentially impacting long-term appeal. Broader market factors include economic volatility from inflation around 5 percent and rising e-commerce penetration at 10 percent annually, pressuring physical retail in saturated basic goods segments. Strengths lie in low entry barriers for tenants and consistent local traffic, estimated at 4,000-6,000 daily visitors, while weaknesses encompass limited experiential offerings and vulnerability to highway disruptions. Overall, it provides stable but modest performance for budget-conscious retailers targeting essential sales.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Mazatenango&quot;},&quot;anchor_tenants&quot;:&quot;Supermarket, Pollo Campero, Burger King, Banks, Walmart&quot;,&quot;distance&quot;:45.37,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;40&quot;,&quot;gla_sqm&quot;:&quot;70800&quot;,&quot;anchor_tenants&quot;:&quot;Supermarket, Pollo Campero, Burger King, Banks, Walmart&quot;}},{&quot;id&quot;:8730,&quot;slug&quot;:&quot;gran-plaza-malacatan&quot;,&quot;name&quot;:&quot;Gran Plaza Malacatan&quot;,&quot;lat&quot;:&quot;14.9091039&quot;,&quot;lng&quot;:&quot;-92.0659659&quot;,&quot;property_type&quot;:&quot;Shopping Centre&quot;,&quot;description&quot;:&quot;Gran Plaza Malacatan is a community-oriented shopping center in Malacatán, San Marcos department, Guatemala, situated near the Mexico border along the CA-1 highway. Spanning roughly 8,000-10,000 square meters of gross leasable area, it functions as a local retail and leisure hub for a population of about 25,000 in the municipality and nearby rural areas. The tenant mix emphasizes essential retail with anchors like a supermarket, pharmacy, and clothing stores from regional chains, complemented by dining options including a recent McDonald\&quot;s outlet and local eateries. Entertainment amenities include a swimming pool, children\&quot;s play area, event halls, and family-friendly spaces, fostering weekend gatherings. Occupancy hovers at 80-85%, indicative of stable local demand despite economic constraints. Average rents range from $8-12 per square meter per month, attractive for small-format tenants compared to larger urban malls where rates exceed $20. Footfall estimates 2,000-4,000 visitors daily, surging to 6,000-8,000 on weekends and holidays, driven by border proximity and community events. Accessibility benefits from highway connectivity and 200+ free parking spots, though public transport is limited. The market position is strong in underserved rural retail, with demographics of young families (median age 28) and household incomes around $350-450 monthly, prioritizing value shopping. Advantages include low competition from formal retail and versatile event spaces for revenue diversification. Drawbacks encompass aging infrastructure in some sections, reliance on informal cross-border trade, and vulnerability to regional economic fluctuations or migration patterns affecting spending power.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Malacatán&quot;},&quot;anchor_tenants&quot;:&quot;McDonald&#39;s, Local Supermarket&quot;,&quot;distance&quot;:31.46,&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;McDonald&#39;s, Local Supermarket&quot;}},{&quot;id&quot;:7697,&quot;slug&quot;:&quot;plaza-suchitepequez&quot;,&quot;name&quot;:&quot;Plaza Suchitepéquez&quot;,&quot;lat&quot;:&quot;14.535&quot;,&quot;lng&quot;:&quot;-91.491&quot;,&quot;property_type&quot;:&quot;Regional&quot;,&quot;description&quot;:&quot;Plaza Suchitepéquez is a regional retail center at Carretera CA-2 Km 158, Mazatenango, Suchitepéquez Department, Guatemala, built in 2008 with 15,000 square meters of gross leasable area on one level. It serves a trade area of 150,000 residents in a city of 85,000 growing at 1.5% annually, featuring a young median age of 22 and nuclear families of 4.5 members. Tenant mix includes 35 stores focused on supermarkets and local shops, anchored by Walmart (20% grocery share), Unisuper, Pollo Campero, Burger King, and banks, catering to value preferences in groceries, affordable fashion, and dining. Market position reflects medium saturation in an agriculture-driven coastal economy with 4% retail growth projection and 5% space expansion. Accessibility via CA-2 highway, high vehicle traffic, and 300 parking spaces supports 100,000 monthly footfall (750,000 annually), 1.5-hour dwell time, and 25% repeat visitors. Occupancy at 8% offers leasing opportunities at 15 USD per square meter monthly, with advantages in anchor traffic, 80% in-store loyalty, and 12 annual events boosting 20% of customers. Household income of 3,200 USD supports 1,200 USD per capita retail spend. Drawbacks include 15% leakage to nearby cities, 20% e-commerce penetration, gaps in electronics and luxury, competition from Plaza Américas, and seasonal fluctuations. Operational quality aided by security, but aging infrastructure and low luxury performance pose risks for value-oriented retailers seeking local market entry.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Mazatenango&quot;},&quot;anchor_tenants&quot;:&quot;Supermarket, Pollo Campero, Burger King, Banks&quot;,&quot;distance&quot;:44.35,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;35&quot;,&quot;gla_sqm&quot;:&quot;50657&quot;,&quot;anchor_tenants&quot;:&quot;Supermarket, Pollo Campero, Burger King, Banks&quot;}},{&quot;id&quot;:8584,&quot;slug&quot;:&quot;plaza-del-bosque-2&quot;,&quot;name&quot;:&quot;Plaza Del Bosque&quot;,&quot;lat&quot;:&quot;14.9673244&quot;,&quot;lng&quot;:&quot;-91.7782469&quot;,&quot;property_type&quot;:&quot;Convenience&quot;,&quot;description&quot;:&quot;Plaza del Bosque is an open-air gastronomic plaza in San Marcos, Guatemala, situated 200 meters from the central bus terminal on the Altiplano road, next to a Puma gas station. This family-friendly property emphasizes dining experiences with tenants including El Buen Gusto for traditional Guatemalan cuisine and Siena Cafe for coffee and light meals. Amenities feature ample free parking for over 50 vehicles and a dedicated childrens play area, supporting extended visits. Accessibility is excellent via public buses from Guatemala City (about 4 hours) and regional routes, with proximity to Lake Atitlan tourist sites drawing occasional visitors. The tenant mix is dominated by food and beverage outlets, comprising 80% of spaces, leaving room for complementary retail like convenience stores or artisan shops. In the local market, it serves San Marcos citys population of approximately 50,000, plus departmental traffic, positioning it as a community hub rather than a high-volume retail destination. Leasing advantages include flexible terms for small-format operators, community engagement through events such as live marimba performances, and low operational costs in a low-density area. Occupancy rates for dining spaces are near full, with active recruitment for new tenants via social media. Rent levels align with regional norms at roughly Q15-25 per square meter monthly (USD 2-3), based on Guatemalan commercial reports for similar plazas. Footfall estimates reach 300-500 daily on weekends, boosted by transport hub adjacency, though weekdays see lower volumes around 100-200. Operational quality is solid, with clean grounds and regular maintenance, but infrastructure is basic without advanced retail fixtures. Potential challenges encompass limited retail synergy due to gastronomy focus, seasonal dips from rainy weather, and competition from informal street vendors or larger malls in nearby Quetzaltenango. Overall, it suits niche retailers targeting locals and families seeking affordable, casual spaces amid Guatemalas fragmented retail landscape.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;San Marcos&quot;},&quot;anchor_tenants&quot;:&quot;Various local and international restaurants&quot;,&quot;distance&quot;:30.69,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;25&quot;,&quot;gla_sqm&quot;:&quot;1500&quot;,&quot;anchor_tenants&quot;:&quot;Various local and international restaurants&quot;}},{&quot;id&quot;:8713,&quot;slug&quot;:&quot;pradera-quetzaltenango&quot;,&quot;name&quot;:&quot;Pradera Quetzaltenango&quot;,&quot;lat&quot;:&quot;14.8495002&quot;,&quot;lng&quot;:&quot;-91.5346976&quot;,&quot;property_type&quot;:&quot;Regional&quot;,&quot;description&quot;:&quot;Pradera Quetzaltenango, also known as Pradera Xela, is a major shopping center located on Avenida Las Americas 7-12 in Quetzaltenango, Guatemala, spanning approximately 45,000 square meters of gross leasable area. Opened as part of the Pradera chain, it serves as the dominant modern retail hub in western Guatemala, attracting residents from the citys 180,000-190,000 population and surrounding department of nearly 800,000. The tenant mix includes over 100 stores across categories such as fashion (40% including brands like New Era and Crocs), food and beverage (25% with food court and full-service restaurants like Cafe Chilero), entertainment (15% featuring cinemas), supermarket (anchor like La Torre or similar), beauty, sports, home goods, technology, and services. Occupancy rates are estimated at 90-95% based on regional benchmarks, supported by steady footfall of 10,000-15,000 daily visitors, driven by local demographics with 40-60% indigenous Maya population and growing middle class. Leasing advantages include competitive rents of Q15-25 per square meter monthly (about USD 2-3), 3-5 year terms, and strong accessibility via major avenues, though challenges arise from competition with nearby malls like Interplaza Xela (25,000 sqm) and Utz Ulew, potential market saturation in fashion categories, and regional economic factors like income inequality where top 20% hold two-thirds of income. The propertys operational quality is solid with modern infrastructure, ample parking, and events boosting traffic, but aging access roads and indigenous consumer preferences for traditional markets may impact performance in certain segments.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Quetzaltenango&quot;},&quot;anchor_tenants&quot;:&quot;Walmart,Sears,CineStar&quot;,&quot;distance&quot;:38.95,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;100&quot;,&quot;gla_sqm&quot;:&quot;25000&quot;,&quot;anchor_tenants&quot;:&quot;Walmart,Sears,CineStar&quot;}},{&quot;id&quot;:8545,&quot;slug&quot;:&quot;centro-comercial-retalhuleu&quot;,&quot;name&quot;:&quot;Centro Comercial Retalhuleu&quot;,&quot;lat&quot;:&quot;14.5245485&quot;,&quot;lng&quot;:&quot;-91.685788&quot;,&quot;property_type&quot;:&quot;Shopping Centre&quot;,&quot;description&quot;:&quot;Centro Comercial Retalhuleu is a shopping center located in Retalhuleu, Guatemala, with a gross leasable area of 18,300 square meters and 300 parking spaces. Opened in 2005 and owned by Grupo La Trinidad, it features anchor tenants such as Supermarket La Torre and Paiz, which contribute to its role as a key retail destination in a city with a population of approximately 95,000. The local market shows 1.5 percent annual population growth, with demographics skewed young: 35 percent under 15 years and 60 percent aged 15-64, supporting demand for family-oriented retail. Average monthly footfall stands at 62,500 visitors, with motivations including 40 percent for shopping, 35 percent for dining, and 25 percent for home decor purchases. Retalhuleu hosts three malls amid 60 percent market saturation, where supermarkets comprise 40 percent of the existing retail mix, indicating moderate competition and opportunities for complementary categories. Leasing advantages include established anchors driving traffic and a central position enhancing accessibility via local roads, though aging infrastructure from its 2005 build may require maintenance considerations. Tenant mix details are limited, but the centers emphasis on essentials aligns with regional preferences for affordable goods. Potential challenges encompass competition from nearby centers like Centro Comercial La Trinidad and Metroplaza, alongside risks from economic fluctuations in Guatemalas retail sector, which saw growth in supermarkets but faces e-commerce pressures. Overall, it offers balanced leasing prospects for retailers targeting mid-tier consumers in a growing secondary market.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Retalhuleu&quot;},&quot;anchor_tenants&quot;:&quot;Supermarket La Torre, Paiz&quot;,&quot;distance&quot;:27.7,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;60&quot;,&quot;gla_sqm&quot;:&quot;18300&quot;,&quot;anchor_tenants&quot;:&quot;Supermarket La Torre, Paiz&quot;}},{&quot;id&quot;:8727,&quot;slug&quot;:&quot;centro-comercial-la-esperanza-quetzaltenango&quot;,&quot;name&quot;:&quot;Centro Comercial La Esperanza&quot;,&quot;lat&quot;:&quot;14.8675841&quot;,&quot;lng&quot;:&quot;-91.5720556&quot;,&quot;property_type&quot;:&quot;Regional&quot;,&quot;description&quot;:&quot;Interplaza Xela, situated in Municipio La Esperanza, Quetzaltenango, Guatemala, operates as a regional shopping center established in 2018 within a mixed-use development featuring innovative architecture. The property accommodates over 150 tenants, blending national and international brands like Vesuvio, iShop, Mumuso, Click, and Cinépolis cinema, introducing several first-to-market options for the area. Tenant mix emphasizes fashion outlets, electronics retailers, diverse dining venues, and entertainment facilities, appealing to varied shopper preferences. Positioned in Quetzaltenangos retail landscape, part of Guatemalas broader $10 billion sector, it maintains 90-95% occupancy amid four competing malls including Utz Ulew and Pradera Xela. Accessibility is facilitated by its location on Carretera a San Marcos km 205, proximate to Universidad Mariano Galvez and government offices, with free parking, public WiFi, and modern amenities enhancing operational quality. The surrounding demographics reflect a 210,000-person population growing at 1.8% annually, with 41.5% under 15 years, 54.1% aged 15-64, and 4.4% over 65, supporting steady footfall from local families and students. Leasing benefits include base rents of Q15-25 per square meter monthly plus percentage clauses, though market saturation introduces competition risks, potential access challenges on rural-adjacent roads, and seasonal variations due to high-altitude climate affecting visitor traffic.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Quetzaltenango&quot;},&quot;anchor_tenants&quot;:&quot;Cinemark, Supermarket, EPA&quot;,&quot;distance&quot;:36.29,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;50&quot;,&quot;gla_sqm&quot;:&quot;25000&quot;,&quot;anchor_tenants&quot;:&quot;Cinemark, Supermarket, EPA&quot;}},{&quot;id&quot;:8542,&quot;slug&quot;:&quot;centro-comercial-la-ceiba&quot;,&quot;name&quot;:&quot;Centro Comercial La Ceiba&quot;,&quot;lat&quot;:&quot;15.0667&quot;,&quot;lng&quot;:&quot;-91.85&quot;,&quot;property_type&quot;:&quot;Convenience&quot;,&quot;description&quot;:&quot;Centro Comercial La Ceiba is a modest commercial center located in the urban core of San Pablo municipality, San Marcos department, Guatemala, directly in front of the central park and along the road to San Marcos city. Positioned adjacent to the local health center and other small businesses, it serves as one of the primary retail hubs in this rural-agricultural area. The municipality has a population of approximately 45,000 residents, with over 60% engaged in agriculture, primarily coffee, cardamom, and fruit production, contributing to a stable but seasonal local economy. The center features a mix of basic retail outlets including hardware stores, general merchandise, food vendors, and services like ferreterias, reflecting the needs of a community where commerce accounts for only about 4% of economic activity. Footfall is driven by daily local shopping and peaks on market days, particularly Saturdays, with estimated weekly visitors around 5,000-7,000 based on similar small-town plazas in western Guatemala. Occupancy rates hover at 80-85%, supported by low rent levels of roughly Q10-15 per square meter monthly, making it attractive for small independent retailers. Accessibility is good via the CA-1 highway, though public transport is limited to buses from nearby San Marcos. Market position is local-serving, with no major anchors but competition from the municipal market and informal vendors. Leasing advantages include flexible terms for small spaces (20-100 sqm), minimal infrastructure costs, and proximity to residential areas, though drawbacks include aging facilities and vulnerability to agricultural downturns. Overall, it offers steady, low-risk entry for budget-conscious tenants targeting everyday essentials in a underserved rural market, per regional commercial reports.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;San Pablo&quot;},&quot;anchor_tenants&quot;:&quot;Local vendors&quot;,&quot;distance&quot;:40.35,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;40&quot;,&quot;gla_sqm&quot;:&quot;400&quot;,&quot;anchor_tenants&quot;:&quot;Local vendors&quot;}},{&quot;id&quot;:7699,&quot;slug&quot;:&quot;centro-comercial-la-trinidad&quot;,&quot;name&quot;:&quot;Centro Comercial La Trinidad&quot;,&quot;lat&quot;:&quot;14.5328543&quot;,&quot;lng&quot;:&quot;-91.6819899&quot;,&quot;property_type&quot;:&quot;Neighborhood&quot;,&quot;description&quot;:&quot;Centro Comercial La Trinidad is situated at 1a Calle 5ta Avenida A, Zona 5, in Retalhuleu, Guatemala, serving as the main retail hub for the municipality of 113,000 residents and the surrounding department of 387,000. Opened in June 2005, it occupies 57,000 square meters of land with over 70,000 square meters constructed, featuring an initial 18,300 square meters of rentable space expanded by 17,000 square meters in 2017 for additional retail, clinics, kiosks, and cinema. The tenant mix includes 35 stores across diverse categories: 12 clothing outlets, 11 technology stores, 7 restaurants, 8 banks, 7 shoe stores, 13 dessert and snack vendors, 10 home goods shops, and 5 health services, anchored by Supermarket La Torre, Paiz supermarket, and AlbaCinema. This balanced composition promotes cross-shopping among apparel, electronics, dining, and essentials. Monthly footfall reaches 535,000 visitors, with average dwell time of 45 minutes, reflecting strong local traction in a family-oriented market with a median age of 26 and emerging middle class. As the dominant center in this secondary city, it benefits from Guatemala&#39;s 5-7% annual retail growth, supported by 300 parking spaces and highway proximity for accessibility from nearby towns. Leasing opportunities feature base rents of 15-25 quetzales per square meter monthly, likely with percentage rents on sales and escalations, amid high demand indicated by comparable 85-95% occupancy rates. However, reliance on agriculture-driven local economy introduces volatility, while competition from Paseo Las Palmas and Metroplaza fragments the market. Operational strengths include good infrastructure and safety protocols, though pre-2017 sections may require maintenance, and rural road conditions limit regional draw beyond the immediate area.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Retalhuleu&quot;},&quot;anchor_tenants&quot;:&quot;Supermarket La Torre, Paiz, local clothing stores, cinema&quot;,&quot;distance&quot;:27.34,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;85&quot;,&quot;gla_sqm&quot;:&quot;12000&quot;,&quot;anchor_tenants&quot;:&quot;Supermarket La Torre, Paiz, local clothing stores, cinema&quot;}},{&quot;id&quot;:8724,&quot;slug&quot;:&quot;centro-comercial-almolonga&quot;,&quot;name&quot;:&quot;Centro Comercial Almolonga&quot;,&quot;lat&quot;:&quot;14.81222&quot;,&quot;lng&quot;:&quot;-91.49444&quot;,&quot;property_type&quot;:&quot;Convenience&quot;,&quot;description&quot;:&quot;Centro Comercial Almolonga is a community-oriented shopping center in Almolonga, Guatemala, situated along Carretera Interamericana CA-1 at Km 2.5, near Quetzaltenango. Established in 2008, it spans 4,000 square meters of gross leasable area with 100 parking spaces, owned by the Municipalidad de Almolonga. The tenant mix centers on local vegetable markets and small retailers, aligning with the towns agricultural prominence as a vegetable production hub. Average monthly footfall reaches 41,666, with visitors motivated by shopping (40%), dining (35%), and home decor (25%). It targets young adults interested in trendy fashion, streetwear, and sustainable brands, alongside family-friendly needs. In the Quetzaltenango market, it holds a niche position serving rural and local demographics, benefiting from proximity to the bustling Almolonga Market. Leasing advantages include affordable entry for small operators, stable municipal management, and highway accessibility enhancing regional draw. Drawbacks feature limited diversification, potential infrastructure wear after 15 years, and competition from open-air markets and larger urban centers like Pradera Xela. Occupancy and rent specifics are unavailable publicly, but community focus suggests modest rates suitable for essential goods retailers. Overall, it supports steady local traffic but requires caution on category saturation in produce and basics amid evolving retail dynamics in western Guatemala.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Almolonga&quot;},&quot;anchor_tenants&quot;:&quot;Local vegetable markets, small retailers&quot;,&quot;distance&quot;:41.54,&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 vegetable markets, small retailers&quot;}},{&quot;id&quot;:8728,&quot;slug&quot;:&quot;plaza-san-juan-ostuncalco&quot;,&quot;name&quot;:&quot;Plaza San Juan Ostuncalco&quot;,&quot;lat&quot;:&quot;14.8726374&quot;,&quot;lng&quot;:&quot;-91.6213736&quot;,&quot;property_type&quot;:&quot;Neighborhood&quot;,&quot;description&quot;:&quot;Plaza San Juan Ostuncalco serves as a modest commercial hub in the municipality of San Juan Ostuncalco, Quetzaltenango department, Guatemala, approximately 12 kilometers from the city of Quetzaltenango. With a local population of around 21,000 residents as of recent estimates, it functions primarily as a neighborhood shopping area rather than a large-scale regional mall, featuring a mix of small retail outlets, local services, and basic amenities. The tenant mix includes independent stores selling groceries, clothing, electronics, and household goods, alongside services like pharmacies and small eateries; notable anchors may include branches of local chains such as El Gallo Más Gallo supermarket. Market position is localized, catering to daily needs of residents in this semi-rural setting where the Mam indigenous language is widely spoken alongside Spanish. Accessibility is facilitated by CA-1 highway proximity, though public transport is limited to buses and minibuses from Quetzaltenango. Footfall is estimated at low to moderate levels, peaking during market days and weekends, with annual visitor traffic likely under 500,000 based on similar small-town plazas in western Guatemala. Occupancy rates hover around 80-90% for ground-level spaces, supported by stable local demand. Rent levels are affordable, averaging Q15-25 per square meter monthly for smaller units, significantly lower than urban centers like Quetzaltenango where rates exceed Q50. Leasing advantages include low entry barriers for startups, community loyalty, and minimal competition within the immediate 5-km radius. However, drawbacks encompass limited expansion potential, vulnerability to economic fluctuations in agriculture-dependent households, and reliance on foot traffic from a demographic with median household income below national averages of Q4,000 monthly. Operational quality is basic, with potential aging infrastructure and inconsistent maintenance. Regional market factors indicate saturation in traditional retail categories, while e-commerce growth poses emerging risks. Overall, it suits budget-conscious retailers targeting essential goods over luxury or experiential shopping.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;San Juan Ostuncalco&quot;},&quot;anchor_tenants&quot;:&quot;Local boutiques, small supermarket, market stalls&quot;,&quot;distance&quot;:32.14,&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 boutiques, small supermarket, market stalls&quot;}},{&quot;id&quot;:8732,&quot;slug&quot;:&quot;centro-comercial-san-pablo-jocopilas&quot;,&quot;name&quot;:&quot;Centro Comercial San Pablo Jocopilas&quot;,&quot;lat&quot;:&quot;14.5946362&quot;,&quot;lng&quot;:&quot;-91.4374286&quot;,&quot;property_type&quot;:&quot;Neighborhood&quot;,&quot;description&quot;:&quot;Centro Comercial San Pablo Jocopilas serves as the primary local shopping hub in the municipality of San Pablo Jocopilas, Suchitepequez Department, Guatemala, a rural area with a population of approximately 16,872 as per 2018 census data. Located 8 km east of Mazatenango along the CA-2 highway, it provides essential retail services to residents engaged mainly in agriculture, coffee production, and small-scale commerce. The center features a modest tenant mix focused on daily necessities, including abarroterias for groceries, ferreterias for hardware, small clothing outlets, and basic services like banks and eateries, as noted in municipal development plans and local directories. Accessibility is favorable due to proximity to the inter-American highway, facilitating footfall from surrounding aldeas and occasional traffic from Mazatenango, though public transport is limited to buses and minibuses. Occupancy rates are estimated at 85-95% based on similar rural Guatemalan commercial nodes, with rent levels averaging Q5-10 per square meter monthly, significantly lower than urban centers like Guatemala Citys Q20-40, according to commercial real estate reports from Colliers International Latin America. Footfall is modest, around 500-1,000 daily visitors during weekdays, peaking to 2,000 on market days, influenced by the areas agricultural economy and low urbanization. The centers market position is niche, catering to underserved rural demographics with median household incomes below Q3,000 monthly, per INE Guatemala data, but faces challenges from informal street vending and competition from larger malls in Mazatenango such as Plaza Americas, which draw higher-spending shoppers. Leasing advantages include low entry barriers for small retailers, stable local demand for essentials, and potential for community events to boost traffic; however, drawbacks encompass limited expansion potential, vulnerability to economic downturns in agriculture, and aging infrastructure with basic facilities lacking modern amenities like air conditioning or entertainment anchors. Overall, it suits budget-conscious lessees targeting everyday retail in a low-competition rural setting, though growth is constrained by market saturation in basic categories and regional poverty levels at 60%, as reported by World Bank rural Guatemala assessments.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;San Pablo Jocopilas&quot;},&quot;anchor_tenants&quot;:&quot;Local supermarket, pharmacy&quot;,&quot;distance&quot;:47.51,&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 supermarket, pharmacy&quot;}},{&quot;id&quot;:7692,&quot;slug&quot;:&quot;quetzaltenango-mall&quot;,&quot;name&quot;:&quot;Quetzaltenango Mall&quot;,&quot;lat&quot;:&quot;14.8446068&quot;,&quot;lng&quot;:&quot;-91.5231866&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Quetzaltenango Mall in Zona 3, Avenida Las Americas, Quetzaltenango, Guatemala, opened in 2001 with 20,000 sqm GLA over two levels. Part of CMI&#39;s Pradera network, it hosts 100+ tenants: anchors Wal-Mart and Cinemark; fashion like American Eagle, Victoria&#39;s Secret; food court with McDonald&#39;s and local eateries. 95% occupancy, 500,000 monthly footfall from 800,000+ catchment, demographics: 181,000 urban residents, 65% Mayan, avg income $400-600/month, young families. Sales $300/sqft annually, rents $20/sqm/month, 5-10 yr leases with overage. Leads regional market with good highway access, 800 parking spots, but faces traffic congestion, competition from Interplaza Xela, aging facilities, fashion saturation. Advantages: stable leasing, events boost traffic 20%, diverse mix; risks: economic instability, power issues.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Quetzaltenango&quot;},&quot;anchor_tenants&quot;:&quot;Pollo Campero, Local Retailers&quot;,&quot;distance&quot;:39.86,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;100&quot;,&quot;gla_sqm&quot;:&quot;7000&quot;,&quot;anchor_tenants&quot;:&quot;Pollo Campero, Local Retailers&quot;}},{&quot;id&quot;:7705,&quot;slug&quot;:&quot;centro-comercial-san-marcos&quot;,&quot;name&quot;:&quot;Centro Comercial San Marcos&quot;,&quot;lat&quot;:&quot;14.9609782&quot;,&quot;lng&quot;:&quot;-91.8074586&quot;,&quot;property_type&quot;:&quot;Neighborhood&quot;,&quot;description&quot;:&quot;Centro Comercial San Marcos, located in the San Cayetano neighborhood of Aguascalientes, Mexico, at Avenida de la Convencion Norte 2301, is a mid-sized retail center established in 1995 with approximately 30,000 square meters of gross leasable area (GLA). It serves as a community-oriented shopping destination in a growing industrial city, where Aguascalientes population exceeds 1.4 million and features a median household income around 12,000 MXN monthly. The property holds an 88% occupancy rate, slightly below the regional average of 92%, reflecting stable but cautious market conditions amid economic recovery post-pandemic. Anchored by Soriana supermarket, which occupies about 40% of the GLA, the tenant mix emphasizes everyday essentials with 20% dedicated to apparel boutiques, 15% to food services including fast-casual options like Chinese restaurants, and 25% to miscellaneous outlets such as pharmacies and electronics shops. Accessibility is strong via major avenues, with proximity to residential areas and public transport routes, though parking capacity is adequate for 500 vehicles without advanced features like EV charging. In the broader Aguascalientes retail market, characterized by 93.7% overall sector occupancy and sales per square meter averaging 8,000 MXN annually, this center benefits from local footfall estimated at 4,000-5,000 daily visitors, driven by middle and lower-middle class demographics seeking value-oriented retail. Leasing advantages include flexible terms for smaller spaces (50-500 sqm), with base rents ranging 200-300 MXN per sqm monthly, plus common area maintenance fees of 50-70 MXN, making it suitable for independent retailers or category specialists. However, challenges arise from competition with larger enclosed malls like Plaza Galerias, which draw higher-end traffic, and potential infrastructure aging given the propertys 30-year history, necessitating periodic investments in updates to maintain appeal. Market factors include rising e-commerce penetration at 15% of retail sales and industrial growth boosting local employment to 45% of the workforce, supporting steady but not explosive performance.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;San Marcos&quot;},&quot;anchor_tenants&quot;:&quot;Local supermarket, clothing stores&quot;,&quot;distance&quot;:29.21,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;30&quot;,&quot;gla_sqm&quot;:&quot;4000&quot;,&quot;anchor_tenants&quot;:&quot;Local supermarket, clothing stores&quot;}},{&quot;id&quot;:8635,&quot;slug&quot;:&quot;centro-comercial-quetzaltenango-central&quot;,&quot;name&quot;:&quot;Centro Comercial Quetzaltenango Central&quot;,&quot;lat&quot;:&quot;14.8446068&quot;,&quot;lng&quot;:&quot;-91.5231866&quot;,&quot;property_type&quot;:&quot;Neighborhood&quot;,&quot;description&quot;:&quot;Centro Comercial Quetzaltenango Central is a neighborhood shopping center located between 8va Calle and 11 Avenida in Quetzaltenango, Guatemala. Opened in 1970, it spans 2,500 square meters of gross leasable area across two levels, with 800 parking spaces available. The mall serves a catchment area of approximately 800,000 residents within an 800,000 sq km radius, characterized by urban households averaging 4.5 members, a significant Mayan population (around 65% in the region), and average monthly incomes of 3,600 GTQ (about $460 USD). Unemployment stands at 30%, and consumer spending averages 1,200 USD annually per household. Monthly footfall reaches 125,000 visitors, equating to 1.5 million annually, with an average dwell time of 120 minutes. Visitor motivations include 40% shopping, 35% dining, and 25% home decor purchases. The tenant mix comprises 100 stores, predominantly local shops, souvenir vendors, and Mayan artisan outlets, making it competitive for convenience stores, local services, and take-away food and beverage options. It is less suitable for anchor tenants, fashion retail, or destination concepts due to its modest scale and neighborhood focus. Occupancy is estimated at 95% with a 5% vacancy rate, reflecting stable demand in a market with 5-7% annual retail growth. Rent levels average 15 USD per square meter per month, with lease terms typically spanning 5-10 years including overage clauses. Accessibility is high, supported by good infrastructure, though the property&#39;s age may pose maintenance challenges. Market position is influenced by high competition from three nearby malls, including Interplaza Xela and Pradera Quetzaltenango. Leasing advantages include strong local footfall, municipal ownership ensuring operational stability, and opportunities for family-oriented enhancements like play areas or diverse dining. Potential drawbacks encompass limited expansion potential, aging infrastructure, and a preference among visitors for more trendy fashion and international cuisine options, amid broader economic pressures like high unemployment and moderate e-commerce adoption at 30%.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Quetzaltenango&quot;},&quot;anchor_tenants&quot;:&quot;Local shops, souvenirs vendors&quot;,&quot;distance&quot;:39.86,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;100&quot;,&quot;gla_sqm&quot;:&quot;2500&quot;,&quot;anchor_tenants&quot;:&quot;Local shops, souvenirs vendors&quot;}},{&quot;id&quot;:7725,&quot;slug&quot;:&quot;interplaza-xela&quot;,&quot;name&quot;:&quot;Interplaza Xela&quot;,&quot;lat&quot;:&quot;14.861104&quot;,&quot;lng&quot;:&quot;-91.5504413&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Interplaza Xela, located at Km 2.5 Carretera Interamericana CA-1 in Almolonga near Quetzaltenango, Guatemala, is a modern shopping center opened in 2018 with 20,000 sqm of gross leasable area across three levels. It positions as a key retail destination in the western highlands, serving a metropolitan population exceeding 400,000 and a broader catchment of up to 1.1 million residents. The tenant mix comprises over 80 stores, balanced with 40% in fashion and accessories, 25% food and beverage, 15% entertainment, and 20% services including banks and clinics. Anchor tenants include Cinemark with six screens, a supermarket, and fast-food outlets like McDonald\&quot;s, fostering cross-shopping. Occupancy maintains 92%, reflecting stable demand amid Guatemala\&quot;s 5-7% annual retail growth. Monthly footfall reaches 333,333 visitors, with 2-hour average dwell time, driven by weekend peaks and events. Rent levels average $15-25 per sqm monthly, with 3-5 year leases incorporating 5% escalations and percentage rents. Accessibility via the national highway supports logistics, complemented by 800 parking spaces. Demographics feature a young profile, 60% under 35, with middle-class households earning Q8,000-12,000 monthly, favoring affordable apparel and electronics. Leasing advantages include flexible terms for mid-sized retailers and promotional support enhancing visibility, though drawbacks encompass competition from Utz Ulew Mall, category saturation in apparel and food, and seasonal rainy season dips impacting footfall. Operational quality is reliable with security measures, but infrastructure challenges like highway congestion pose risks to consistent performance.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Quetzaltenango&quot;},&quot;anchor_tenants&quot;:&quot;Supermarket, Financial Center, Fast Food&quot;,&quot;distance&quot;:37.99,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;80&quot;,&quot;gla_sqm&quot;:&quot;54600&quot;,&quot;anchor_tenants&quot;:&quot;Supermarket, Financial Center, Fast Food&quot;}}]}" data-map-update-url-value="/malls/san-jose-plaza-coatepeque" id="mall-map-wrapper"><div data-city="Coatepeque" data-current-mall="true" data-id="san-jose-plaza-coatepeque" data-lat="14.70413" data-lng="-91.86426" data-map-target="mall" data-name="San Jose Plaza Coatepeque" style="display: none;"></div><div data-map-target="map" id="map"></div><div class="demographic-panel collapsed" data-map-target="demographicPanel"><div class="panel-header"><h4><i aria-hidden="true" class="ri-bar-chart-line"></i> Market Demographics</h4><button class="toggle-btn" onclick="this.parentElement.parentElement.classList.toggle(&quot;collapsed&quot;)"><i aria-hidden="true" class="ri-arrow-down-s-line"></i></button></div><div class="panel-content"><div class="stats-category"><h5>Mall Demographics</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">5 km radius</div><div class="stat-label">Primary Catchment Area</div></div><div class="stat-card"><div class="stat-value">20 km radius</div><div class="stat-label">Secondary Catchment Area</div></div><div class="stat-card"><div class="stat-value">40,000 People</div><div class="stat-label">Catchment area population</div></div><div class="stat-card"><div class="stat-value">1.4</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">4,200 USD per year</div><div class="stat-label">Median household income</div></div><div class="stat-card"><div class="stat-value">2.0</div><div class="stat-label">Unemployment rate</div></div><div class="stat-card"><div class="stat-value">42 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">1,200 USD per year</div><div class="stat-label">Retail spending per capita</div></div><div class="stat-card"><div class="stat-value">250 USD per capita per year</div><div class="stat-label">Spending on apparel</div></div><div class="stat-card"><div class="stat-value">600 USD per capita per year</div><div class="stat-label">Spending on groceries</div></div><div class="stat-card"><div class="stat-value">150 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">150,000 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">20.0</div><div class="stat-label">Conversion rate</div></div><div class="stat-card"><div class="stat-value">3,500 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">25 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">Medium 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">1 Levels</div><div class="stat-label">Number of Levels</div></div><div class="stat-card"><div class="stat-value">15 USD per month</div><div class="stat-label">Average rent per square meter</div></div><div class="stat-card"><div class="stat-value">5.0</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">Central Location</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">150 Spaces</div><div class="stat-label">Parking spaces</div></div><div class="stat-card"><div class="stat-value">High Traffic</div><div class="stat-label">Pedestrian traffic</div></div></div></div><div class="stats-category"><h5>Digital &amp; E-commerce Trends</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">Low Competition</div><div class="stat-label">E-commerce competition</div></div><div class="stat-card"><div class="stat-value">10.0</div><div class="stat-label">Click-and-collect adoption</div></div><div class="stat-card"><div class="stat-value">55.0</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">CCTV and guards 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">Monthly Events</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">3.0</div><div class="stat-label">Projected foot traffic growth</div></div><div class="stat-card"><div class="stat-value">5 New tenants per year</div><div class="stat-label">New tenant pipeline</div></div><div class="stat-card"><div class="stat-value">nan Plans</div><div class="stat-label">Mall expansion plans</div></div></div></div></div></div></div></template></turbo-stream>