Super Value Plaza Photo Gallery

The Cable Beach area surrounding Super Value Plaza has a diverse demographic profile, including approximately 20,000 local residents with median household incomes of $45,000-$60,000, per 2023 Bahamas census data, and a transient tourist population exceeding 1 million annually from nearby resorts. Footfall benefits from high tourist density, with Cable Beach attracting 40% of Nassau's visitors; daily supermarket traffic alone exceeds 1,500 shoppers, boosted by cruise ship arrivals at Prince George Wharf (15-minute drive). This mix supports steady demand for convenience retail, though locals dominate weekday visits while tourists peak weekends. Challenges include income disparities, with lower-spending cruise passengers favoring duty-free downtown options over plaza spending.

Super Value Plaza faces moderate competition from nearby City Market supermarket and resort shopping at Baha Mar, which offers luxury brands and integrated entertainment drawing premium spenders. Larger malls like Atlantis Marina Village on Paradise Island (20-minute drive) capture 60% of high-end retail traffic, per JLL Bahamas market reports 2025, leading to saturation in grocery and casual dining categories. However, the plaza's niche in affordable essentials provides differentiation, with lower vacancy risks (under 10%) compared to downtown's 15-20%. Regional factors like tourism recovery post-2024 hurricanes enhance resilience, but e-commerce growth erodes 5-10% of physical sales annually.

Leasing at Super Value Plaza typically involves 3-5 year terms with base rents of $25-35 per square foot, plus 6-8% overage on gross sales exceeding $300/sq ft thresholds, aligned with Bahamian commercial norms from Colliers International data. Advantages include tenant improvement allowances up to $20/sq ft for qualifying lessees and common area maintenance fees of $5-7/sq ft covering security and utilities. Risks encompass hurricane vulnerability, with potential closures during June-November season, and rising operational costs from energy imports (Bahamas Power and Light rates up 15% in 2025). Aging elements from pre-2006 build require occasional maintenance, but anchor stability mitigates turnover, offering practical entry for retailers targeting value-oriented consumers in a tourism-dependent market.