<turbo-stream action="replace" target="mall-map-wrapper"><template><div data-controller="map" data-lat="23.174383" data-lng="-81.20946" data-map-catchment-data-value="{&quot;lat&quot;:&quot;23.174383&quot;,&quot;lng&quot;:&quot;-81.20946&quot;,&quot;primary_radius&quot;:5.0,&quot;secondary_radius&quot;:15.0,&quot;population&quot;:500000}" 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;Core area around the mall serving local residents and nearby tourists in Varadero&quot;},{&quot;label&quot;:&quot;Secondary Catchment Area&quot;,&quot;value&quot;:&quot;20 km Radius&quot;,&quot;description&quot;:&quot;Extended area including parts of Matanzas province and tourist influx&quot;},{&quot;label&quot;:&quot;Catchment area population&quot;,&quot;value&quot;:&quot;500,000 People&quot;,&quot;description&quot;:&quot;Estimated including 20,000 locals and seasonal tourists; Varadero attracts ~1M visitors annually&quot;},{&quot;label&quot;:&quot;Population growth rate&quot;,&quot;value&quot;:&quot;-0.5&quot;,&quot;description&quot;:&quot;Cuba&#39;s overall population decline due to emigration, applied to local catchment&quot;},{&quot;label&quot;:&quot;Median age&quot;,&quot;value&quot;:&quot;41 Years&quot;,&quot;description&quot;:&quot;Cuba national average, reflecting mature tourist and local demographic&quot;},{&quot;label&quot;:&quot;Household size&quot;,&quot;value&quot;:&quot;3.2 Persons&quot;,&quot;description&quot;:&quot;Average for Cuban households in urban tourist areas&quot;},{&quot;label&quot;:&quot;Education level (tertiary)&quot;,&quot;value&quot;:&quot;25.0&quot;,&quot;description&quot;:&quot;Percentage of population with higher education; Cuba has high literacy but variable tertiary attainment&quot;}],&quot;Economic Indicators&quot;:[{&quot;label&quot;:&quot;Median household income&quot;,&quot;value&quot;:&quot;2,400 USD per year&quot;,&quot;description&quot;:&quot;Estimated low for locals (~$200/month avg wage); boosted by tourism remittances&quot;},{&quot;label&quot;:&quot;Unemployment rate&quot;,&quot;value&quot;:&quot;4.0&quot;,&quot;description&quot;:&quot;Official Cuban rate; underemployment higher in tourist areas&quot;},{&quot;label&quot;:&quot;Cost of living index&quot;,&quot;value&quot;:&quot;45 Index (US=100)&quot;,&quot;description&quot;:&quot;Low cost in Cuba, but tourist areas higher for imported goods&quot;}],&quot;Consumer Spending&quot;:[{&quot;label&quot;:&quot;Retail spending per capita&quot;,&quot;value&quot;:&quot;150 USD per year&quot;,&quot;description&quot;:&quot;Low for locals; estimated including tourist spending in Varadero retail&quot;},{&quot;label&quot;:&quot;Spending on apparel&quot;,&quot;value&quot;:&quot;30 USD per capita annually&quot;,&quot;description&quot;:&quot;Estimated share of retail spend; focused on souvenirs and basics&quot;},{&quot;label&quot;:&quot;Spending on groceries&quot;,&quot;value&quot;:&quot;60 USD per capita annually&quot;,&quot;description&quot;:&quot;Basic food spending; subsidized but shortages affect&quot;},{&quot;label&quot;:&quot;Spending on electronics&quot;,&quot;value&quot;:&quot;20 USD per capita annually&quot;,&quot;description&quot;:&quot;Limited due to imports and costs; tourist impulse buys&quot;}],&quot;Mall Traffic \u0026 Performance&quot;:[{&quot;label&quot;:&quot;Annual foot traffic&quot;,&quot;value&quot;:&quot;600,000 Visitors&quot;,&quot;description&quot;:&quot;Estimated for small mall like Plaza America; driven by ~1M annual Varadero tourists&quot;},{&quot;label&quot;:&quot;Dwell time&quot;,&quot;value&quot;:&quot;45 Minutes&quot;,&quot;description&quot;:&quot;Average time spent; quick shopping for tourists&quot;},{&quot;label&quot;:&quot;Conversion rate&quot;,&quot;value&quot;:&quot;25.0&quot;,&quot;description&quot;:&quot;Percentage of visitors making purchases; high for souvenirs&quot;},{&quot;label&quot;:&quot;Sales per square meter&quot;,&quot;value&quot;:&quot;500 USD per year&quot;,&quot;description&quot;:&quot;Estimated low due to Cuban economy; tourism boosts&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;Based on Plaza America layout: boutiques, shops, supermarket&quot;},{&quot;label&quot;:&quot;Anchor tenant presence&quot;,&quot;value&quot;:&quot;Yes Presence&quot;,&quot;description&quot;:&quot;Supermarket and convention center as anchors&quot;},{&quot;label&quot;:&quot;Competitor density (same category)&quot;,&quot;value&quot;:&quot;Low Density&quot;,&quot;description&quot;:&quot;Few modern malls in Varadero; mainly street markets&quot;},{&quot;label&quot;:&quot;Tenant diversity&quot;,&quot;value&quot;:&quot;Medium Diversity&quot;,&quot;description&quot;:&quot;Mix of souvenirs, cigars, groceries, services&quot;},{&quot;label&quot;:&quot;Unique Concepts&quot;,&quot;value&quot;:&quot;High Concepts&quot;,&quot;description&quot;:&quot;Cuban cigars, rum tasting, artisan crafts&quot;}],&quot;Real Estate \u0026 Leasing&quot;:[{&quot;label&quot;:&quot;Gross Leasable Area&quot;,&quot;value&quot;:&quot;2,500 Square meters&quot;,&quot;description&quot;:&quot;Size of Plaza America commercial space&quot;},{&quot;label&quot;:&quot;Number of Levels&quot;,&quot;value&quot;:&quot;2 Levels&quot;,&quot;description&quot;:&quot;Lower shopping, upper convention&quot;},{&quot;label&quot;:&quot;Average rent per square meter&quot;,&quot;value&quot;:&quot;15 USD per month&quot;,&quot;description&quot;:&quot;Estimated state-controlled rates in tourist area&quot;},{&quot;label&quot;:&quot;Vacancy rate&quot;,&quot;value&quot;:&quot;10.0&quot;,&quot;description&quot;:&quot;Moderate due to economic challenges&quot;},{&quot;label&quot;:&quot;Lease term flexibility&quot;,&quot;value&quot;:&quot;Medium Flexibility&quot;,&quot;description&quot;:&quot;State influences; some private since reforms&quot;},{&quot;label&quot;:&quot;Available retail space&quot;,&quot;value&quot;:&quot;250 Square meters&quot;,&quot;description&quot;:&quot;Estimated 10% of GLA available&quot;}],&quot;Accessibility \u0026 Infrastructure&quot;:[{&quot;label&quot;:&quot;Proximity to main roads&quot;,&quot;value&quot;:&quot;Direct Access&quot;,&quot;description&quot;:&quot;On Autopista Sur, km 11&quot;},{&quot;label&quot;:&quot;Public transport access&quot;,&quot;value&quot;:&quot;Good Access&quot;,&quot;description&quot;:&quot;Buses and taxis for tourists and locals&quot;},{&quot;label&quot;:&quot;Parking spaces&quot;,&quot;value&quot;:&quot;200 Spaces&quot;,&quot;description&quot;:&quot;Estimated for mall size near resorts&quot;},{&quot;label&quot;:&quot;Pedestrian traffic&quot;,&quot;value&quot;:&quot;High Traffic&quot;,&quot;description&quot;:&quot;Walking distance from resorts and beach&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 internet; growing but minimal in Cuba&quot;},{&quot;label&quot;:&quot;Click-and-collect adoption&quot;,&quot;value&quot;:&quot;nan Adoption&quot;,&quot;description&quot;:&quot;Not common due to infrastructure&quot;},{&quot;label&quot;:&quot;Internet penetration&quot;,&quot;value&quot;:&quot;60.0&quot;,&quot;description&quot;:&quot;Cuba national average; higher in tourist areas&quot;}],&quot;Safety \u0026 Security&quot;:[{&quot;label&quot;:&quot;Retail crime rate&quot;,&quot;value&quot;:&quot;Low Rate&quot;,&quot;description&quot;:&quot;Tourist areas well-policed; petty theft occasional&quot;},{&quot;label&quot;:&quot;Security measures&quot;,&quot;value&quot;:&quot;High Measures&quot;,&quot;description&quot;:&quot;Guards, CCTV in main malls&quot;}],&quot;Marketing \u0026 Events&quot;:[{&quot;label&quot;:&quot;Promotional events&quot;,&quot;value&quot;:&quot;Medium Events&quot;,&quot;description&quot;:&quot;Tourist-oriented promotions, rum tastings&quot;},{&quot;label&quot;:&quot;Loyalty program penetration&quot;,&quot;value&quot;:&quot;Low Penetration&quot;,&quot;description&quot;:&quot;Limited; some for tourists&quot;},{&quot;label&quot;:&quot;Digital signage presence&quot;,&quot;value&quot;:&quot;Low Presence&quot;,&quot;description&quot;:&quot;Basic in Cuban malls&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;Tied to tourism recovery post-2024&quot;},{&quot;label&quot;:&quot;New tenant pipeline&quot;,&quot;value&quot;:&quot;Medium Pipeline&quot;,&quot;description&quot;:&quot;Private sector growth in retail (55% of sales)&quot;},{&quot;label&quot;:&quot;Mall expansion plans&quot;,&quot;value&quot;:&quot;nan Plans&quot;,&quot;description&quot;:&quot;No major expansions noted; focus on tourism&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;:8818,&quot;slug&quot;:&quot;matanzas-shopping-center&quot;,&quot;name&quot;:&quot;Matanzas Shopping Center&quot;,&quot;lat&quot;:&quot;23.03563&quot;,&quot;lng&quot;:&quot;-81.55158&quot;,&quot;property_type&quot;:&quot;Neighborhood&quot;,&quot;description&quot;:&quot;Matanzas Shopping Center, located in the Ceiba Mocha area of Matanzas, Cuba, functions as a specialized commercial facility under the Ministry of Agriculture, focusing on agricultural supplies and essential goods for local farmers and residents. Situated in Matanzas province, which spans an area of 11,800 square kilometers with a population exceeding 700,000, the center supports the regions agricultural economy, a key sector contributing to Cubas national output. The tenant mix primarily consists of state-operated outlets selling insumos agropecuarios such as seeds, fertilizers, tools, and animal feed, available in national currency (CUP). Limited private vendors may offer complementary products, aligning with Cubas gradual expansion of the non-state sector since 2010 reforms. Market position is niche, serving rural and semi-urban demographics rather than tourist-driven retail, unlike nearby Varadero developments. Leasing opportunities are regulated by state entities, offering low rent levels estimated at 5-10 CUP per square meter monthly, providing cost predictability but restricted negotiation. Advantages include stable demand from essential needs and high occupancy rates around 85-90% for core categories, bolstered by government subsidies. However, drawbacks encompass chronic supply chain disruptions due to import limitations and economic sanctions, leading to intermittent stockouts. Footfall averages 200-400 daily visitors, concentrated on weekdays and seasonal peaks during planting and harvest cycles. Accessibility relies on local roads and limited public transport, with no major highway connections. Operational quality features basic infrastructure, including open-air sections and simple storage, reflecting broader challenges in Cuban commercial real estate maintenance. Broader market factors include dual currency system impacts post-2021 unification attempts, influencing purchasing power, and competition from informal markets or larger Havana-based distributors. Retail performance metrics indicate sales volumes tied to agricultural productivity, with annual turnover potentially reaching 500,000-1 million CUP, though exact figures are not publicly reported. Potential risks involve policy shifts in economic liberalization and environmental factors affecting agriculture, such as hurricanes in the region.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Matanzas&quot;},&quot;anchor_tenants&quot;:&quot;La Sirenita Supermarket&quot;,&quot;distance&quot;:38.24,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;20&quot;,&quot;gla_sqm&quot;:&quot;2000&quot;,&quot;anchor_tenants&quot;:&quot;La Sirenita Supermarket&quot;}}]}" data-map-update-url-value="/malls/varadero-shopping-mall" id="mall-map-wrapper"><div data-city="Varadero" data-current-mall="true" data-id="varadero-shopping-mall" data-lat="23.174383" data-lng="-81.20946" data-map-target="mall" data-name="Varadero Shopping Mall" 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">500,000 People</div><div class="stat-label">Catchment area population</div></div><div class="stat-card"><div class="stat-value">-0.5</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">2,400 USD per year</div><div class="stat-label">Median household income</div></div><div class="stat-card"><div class="stat-value">4.0</div><div class="stat-label">Unemployment rate</div></div><div class="stat-card"><div class="stat-value">45 Index (US=100)</div><div class="stat-label">Cost of living index</div></div></div></div><div class="stats-category"><h5>Consumer Spending</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">150 USD per year</div><div class="stat-label">Retail spending per capita</div></div><div class="stat-card"><div class="stat-value">30 USD per capita annually</div><div class="stat-label">Spending on apparel</div></div><div class="stat-card"><div class="stat-value">60 USD per capita annually</div><div class="stat-label">Spending on groceries</div></div><div class="stat-card"><div class="stat-value">20 USD per capita annually</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">600,000 Visitors</div><div class="stat-label">Annual foot traffic</div></div><div class="stat-card"><div class="stat-value">45 Minutes</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">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">2,500 Square meters</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">15 USD per month</div><div class="stat-label">Average rent per square meter</div></div><div class="stat-card"><div class="stat-value">10.0</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">Direct Access</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">200 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">nan Adoption</div><div class="stat-label">Click-and-collect adoption</div></div><div class="stat-card"><div class="stat-value">60.0</div><div class="stat-label">Internet penetration</div></div></div></div><div class="stats-category"><h5>Safety &amp; Security</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">Low Rate</div><div class="stat-label">Retail crime rate</div></div><div class="stat-card"><div class="stat-value">High 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">Medium Events</div><div class="stat-label">Promotional events</div></div><div class="stat-card"><div class="stat-value">Low Penetration</div><div class="stat-label">Loyalty program penetration</div></div><div class="stat-card"><div class="stat-value">Low 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">Medium Pipeline</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>