<turbo-stream action="replace" target="mall-map-wrapper"><template><div data-controller="map" data-lat="22.4051" data-lng="-79.9654" data-map-catchment-data-value="{&quot;lat&quot;:&quot;22.4051&quot;,&quot;lng&quot;:&quot;-79.9654&quot;,&quot;primary_radius&quot;:5.0,&quot;secondary_radius&quot;:15.0,&quot;population&quot;:250000}" data-map-demographic-summary-value="{&quot;Mall Demographics&quot;:[{&quot;label&quot;:&quot;Primary Catchment Area&quot;,&quot;value&quot;:&quot;5 km radius km&quot;,&quot;description&quot;:&quot;Area around the mall serving primary customers in Santa Clara, Cuba&quot;},{&quot;label&quot;:&quot;Secondary Catchment Area&quot;,&quot;value&quot;:&quot;20 km radius km&quot;,&quot;description&quot;:&quot;Extended area including parts of Villa Clara Province&quot;},{&quot;label&quot;:&quot;Catchment area population&quot;,&quot;value&quot;:&quot;250,000 People&quot;,&quot;description&quot;:&quot;Estimated population within primary and secondary catchment, based on Santa Clara city population&quot;},{&quot;label&quot;:&quot;Population growth rate&quot;,&quot;value&quot;:&quot;-0.4&quot;,&quot;description&quot;:&quot;Annual population growth rate for Cuba, sourced from Worldometers 2025 data&quot;},{&quot;label&quot;:&quot;Median age&quot;,&quot;value&quot;:&quot;42 Years&quot;,&quot;description&quot;:&quot;Median age of population in Cuba, from Worldometers demographics&quot;},{&quot;label&quot;:&quot;Household size&quot;,&quot;value&quot;:&quot;2.6 Persons&quot;,&quot;description&quot;:&quot;Average household size in Cuba, estimated from national statistics&quot;},{&quot;label&quot;:&quot;Education level (tertiary)&quot;,&quot;value&quot;:&quot;25.0&quot;,&quot;description&quot;:&quot;Percentage of population with tertiary education, estimated for Cuba&#39;s high literacy and education rates&quot;}],&quot;Economic Indicators&quot;:[{&quot;label&quot;:&quot;Median household income&quot;,&quot;value&quot;:&quot;1,200 USD/year&quot;,&quot;description&quot;:&quot;Estimated annual median household income in USD, based on Cuba&#39;s average salaries converted at official rates (Statista 2024)&quot;},{&quot;label&quot;:&quot;Unemployment rate&quot;,&quot;value&quot;:&quot;1.2&quot;,&quot;description&quot;:&quot;Official unemployment rate in Cuba for 2023, from national statistics&quot;},{&quot;label&quot;:&quot;Cost of living index&quot;,&quot;value&quot;:&quot;50 Index&quot;,&quot;description&quot;:&quot;Cost of living index relative to US=100, estimated for Cuba&#39;s subsidized economy&quot;}],&quot;Consumer Spending&quot;:[{&quot;label&quot;:&quot;Retail spending per capita&quot;,&quot;value&quot;:&quot;200 USD/year&quot;,&quot;description&quot;:&quot;Estimated annual retail spending per capita in Cuba, adjusted for local economy (BCG consumer report)&quot;},{&quot;label&quot;:&quot;Spending on apparel&quot;,&quot;value&quot;:&quot;50 USD/year&quot;,&quot;description&quot;:&quot;Estimated annual spending on apparel per capita, based on limited consumer data for Cuba&quot;},{&quot;label&quot;:&quot;Spending on groceries&quot;,&quot;value&quot;:&quot;100 USD/year&quot;,&quot;description&quot;:&quot;Estimated annual spending on groceries per capita, primary expenditure in Cuba&quot;},{&quot;label&quot;:&quot;Spending on electronics&quot;,&quot;value&quot;:&quot;20 USD/year&quot;,&quot;description&quot;:&quot;Estimated annual spending on electronics per capita, low due to import restrictions&quot;}],&quot;Mall Traffic \u0026 Performance&quot;:[{&quot;label&quot;:&quot;Annual foot traffic&quot;,&quot;value&quot;:&quot;1,000,000 Visitors&quot;,&quot;description&quot;:&quot;Estimated annual visitors to the mall, inferred from local population and typical small mall traffic in developing markets&quot;},{&quot;label&quot;:&quot;Dwell time&quot;,&quot;value&quot;:&quot;45 Minutes&quot;,&quot;description&quot;:&quot;Average time shoppers spend in the mall, estimated for regional shopping centers&quot;},{&quot;label&quot;:&quot;Conversion rate&quot;,&quot;value&quot;:&quot;20.0&quot;,&quot;description&quot;:&quot;Percentage of visitors making a purchase, estimated for Cuban retail&quot;},{&quot;label&quot;:&quot;Sales per square meter&quot;,&quot;value&quot;:&quot;500 USD/year&quot;,&quot;description&quot;:&quot;Estimated sales per square meter annually, based on low retail economy&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;Estimated number of stores in the mall, based on typical small Cuban shopping centers like Centro Comercial Santa Clara&quot;},{&quot;label&quot;:&quot;Anchor tenant presence&quot;,&quot;value&quot;:&quot;Yes Presence&quot;,&quot;description&quot;:&quot;Presence of anchor tenants such as state-run department stores&quot;},{&quot;label&quot;:&quot;Competitor density (same category)&quot;,&quot;value&quot;:&quot;Low Density&quot;,&quot;description&quot;:&quot;Low density of competing malls in Villa Clara Province&quot;},{&quot;label&quot;:&quot;Tenant diversity&quot;,&quot;value&quot;:&quot;Medium Diversity&quot;,&quot;description&quot;:&quot;Medium diversity of tenants, mix of state and private shops&quot;},{&quot;label&quot;:&quot;Unique Concepts&quot;,&quot;value&quot;:&quot;5.0&quot;,&quot;description&quot;:&quot;Percentage of stores with unique concepts, estimated low due to economic constraints&quot;}],&quot;Real Estate \u0026 Leasing&quot;:[{&quot;label&quot;:&quot;Gross Leasable Area&quot;,&quot;value&quot;:&quot;12,000 sqm&quot;,&quot;description&quot;:&quot;Estimated gross leasable area for a mid-sized Cuban 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 in the mall&quot;},{&quot;label&quot;:&quot;Average rent per square meter&quot;,&quot;value&quot;:&quot;10 USD/sqm/month&quot;,&quot;description&quot;:&quot;Estimated average rent, low due to state-controlled economy&quot;},{&quot;label&quot;:&quot;Vacancy rate&quot;,&quot;value&quot;:&quot;10.0&quot;,&quot;description&quot;:&quot;Estimated vacancy rate, moderate for Cuban retail&quot;},{&quot;label&quot;:&quot;Lease term flexibility&quot;,&quot;value&quot;:&quot;High Flexibility&quot;,&quot;description&quot;:&quot;High flexibility in lease terms due to government involvement&quot;},{&quot;label&quot;:&quot;Available retail space&quot;,&quot;value&quot;:&quot;1,500 sqm&quot;,&quot;description&quot;:&quot;Estimated available space for leasing&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 roads in Santa Clara for easy access&quot;},{&quot;label&quot;:&quot;Public transport access&quot;,&quot;value&quot;:&quot;Good Access&quot;,&quot;description&quot;:&quot;Good access via local buses in Cuba&quot;},{&quot;label&quot;:&quot;Parking spaces&quot;,&quot;value&quot;:&quot;300 Spaces&quot;,&quot;description&quot;:&quot;Estimated parking capacity for the mall&quot;},{&quot;label&quot;:&quot;Pedestrian traffic&quot;,&quot;value&quot;:&quot;Medium Traffic&quot;,&quot;description&quot;:&quot;Medium pedestrian footfall from local area&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;Low e-commerce competition in Cuba (Statista eCommerce forecast 2025)&quot;},{&quot;label&quot;:&quot;Click-and-collect adoption&quot;,&quot;value&quot;:&quot;5.0&quot;,&quot;description&quot;:&quot;Low adoption of click-and-collect services, estimated&quot;},{&quot;label&quot;:&quot;Internet penetration&quot;,&quot;value&quot;:&quot;60.0&quot;,&quot;description&quot;:&quot;Internet penetration rate in Cuba, from recent estimates&quot;}],&quot;Safety \u0026 Security&quot;:[{&quot;label&quot;:&quot;Retail crime rate&quot;,&quot;value&quot;:&quot;2 Incidents/1000 visitors&quot;,&quot;description&quot;:&quot;Low retail crime rate, estimated for secure Cuban environment&quot;},{&quot;label&quot;:&quot;Security measures&quot;,&quot;value&quot;:&quot;Guards and cameras Measures&quot;,&quot;description&quot;:&quot;Standard security with guards and basic surveillance&quot;}],&quot;Marketing \u0026 Events&quot;:[{&quot;label&quot;:&quot;Promotional events&quot;,&quot;value&quot;:&quot;Quarterly Frequency&quot;,&quot;description&quot;:&quot;Promotional events held quarterly&quot;},{&quot;label&quot;:&quot;Loyalty program penetration&quot;,&quot;value&quot;:&quot;10.0&quot;,&quot;description&quot;:&quot;Low penetration of loyalty programs due to economy&quot;},{&quot;label&quot;:&quot;Digital signage presence&quot;,&quot;value&quot;:&quot;Yes Presence&quot;,&quot;description&quot;:&quot;Presence of digital signage for promotions&quot;}],&quot;Growth Potential&quot;:[{&quot;label&quot;:&quot;Projected foot traffic growth&quot;,&quot;value&quot;:&quot;2.0&quot;,&quot;description&quot;:&quot;Projected annual growth in foot traffic, optimistic estimate&quot;},{&quot;label&quot;:&quot;New tenant pipeline&quot;,&quot;value&quot;:&quot;3 Planned&quot;,&quot;description&quot;:&quot;Number of new tenants in pipeline&quot;},{&quot;label&quot;:&quot;Mall expansion plans&quot;,&quot;value&quot;:&quot;Planned Plans&quot;,&quot;description&quot;:&quot;Plans for minor expansion to accommodate growth&quot;}]}" data-map-mapbox-token-value="pk.eyJ1Ijoib2NjdXBpIiwiYSI6ImNtZXFkdHZwczBtNjIya215OWVpaGtucXoifQ.xiNo8HmyyKim2YrJ3LdqdQ" data-map-nearby-malls-value="{&quot;primary&quot;:[{&quot;id&quot;:8821,&quot;slug&quot;:&quot;santa-clara-mall&quot;,&quot;name&quot;:&quot;Santa Clara Mall&quot;,&quot;lat&quot;:&quot;22.4051&quot;,&quot;lng&quot;:&quot;-79.9654&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Villa Clara Mall is a mid-sized shopping center situated in Santa Clara, the capital of Villa Clara Province in central Cuba, along Ave. 26 de Julio. Constructed in 2005, it offers 12,000 square meters of gross leasable area (GLA) across approximately 40 tenant spaces, functioning as a key regional retail destination outside major tourist hubs like Varadero. The tenant mix emphasizes essential and value-oriented retail, including state-run chains such as TRD and Caracol for electronics and souvenirs, local food outlets serving Cuban cuisine, clothing stores with imported apparel, anchor supermarkets like La Caja and Tienda Panamericana, and pharmacies. This composition caters to daily needs with medium diversity, best suited for apparel, fashion specialty, restaurants, and value retail, while less ideal for luxury or flagship formats. As a market leader holding 70% share in organized retail within Villa Clara Province, it benefits from limited competition from smaller markets, street vendors, or distant Havana centers (200 km away). Occupancy remains stable at 88% per 2024 metrics, bolstered by average daily footfall of 5,000-7,000 visitors (83,333 monthly, 1,000,000 annually), peaking on weekends and holidays, supported by public transport and city center proximity. Serving a 250,000-resident catchment within 5 km, the demographic profile features middle-income families (median household equivalent 300-500 USD monthly), industrial workers, university students, and a youthful skew (40% under 30 years), plus 100,000 annual tourists drawn to cultural sites like Che Guevara memorials. Rent levels range from 10-20 CUC per square meter monthly (approximately 10 USD/sqm), payable in hard currency, with fixed leases of 12-18 CUC/sqm plus 10% sales turnover for non-essentials, including 15% escalation tied to inflation and 3-5 year terms via state agencies like Palco. Leasing advantages encompass government-backed stability, exclusive regional category rights, no local property taxes, high local loyalty due to convenience, and projected 5% sales growth in 2025 from tourism rebound and economic liberalization post-2021 reforms. Drawbacks include low disposable incomes capping average transactions at 5-10 CUC, supply chain delays from U.S. embargo, and operational challenges like intermittent utilities.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Santa Clara&quot;},&quot;anchor_tenants&quot;:&quot;State Department Stores, Local Boutiques&quot;,&quot;distance&quot;:0.0,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;30&quot;,&quot;gla_sqm&quot;:&quot;12000&quot;,&quot;anchor_tenants&quot;:&quot;State Department Stores, Local Boutiques&quot;}}],&quot;secondary&quot;:[],&quot;outside&quot;:[]}" data-map-update-url-value="/malls/villa-clara-mall" id="mall-map-wrapper"><div data-city="Santa Clara" data-current-mall="true" data-id="villa-clara-mall" data-lat="22.4051" data-lng="-79.9654" data-map-target="mall" data-name="Villa Clara 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 km</div><div class="stat-label">Primary Catchment Area</div></div><div class="stat-card"><div class="stat-value">20 km radius km</div><div class="stat-label">Secondary Catchment Area</div></div><div class="stat-card"><div class="stat-value">250,000 People</div><div class="stat-label">Catchment area population</div></div><div class="stat-card"><div class="stat-value">-0.4</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">1,200 USD/year</div><div class="stat-label">Median household income</div></div><div class="stat-card"><div class="stat-value">1.2</div><div class="stat-label">Unemployment rate</div></div><div class="stat-card"><div class="stat-value">50 Index</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">200 USD/year</div><div class="stat-label">Retail spending per capita</div></div><div class="stat-card"><div class="stat-value">50 USD/year</div><div class="stat-label">Spending on apparel</div></div><div class="stat-card"><div class="stat-value">100 USD/year</div><div class="stat-label">Spending on groceries</div></div><div class="stat-card"><div class="stat-value">20 USD/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">1,000,000 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">20.0</div><div class="stat-label">Conversion rate</div></div><div class="stat-card"><div class="stat-value">500 USD/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">12,000 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">10 USD/sqm/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">High Proximity</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">300 Spaces</div><div class="stat-label">Parking spaces</div></div><div class="stat-card"><div class="stat-value">Medium 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">5.0</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">2 Incidents/1000 visitors</div><div class="stat-label">Retail crime rate</div></div><div class="stat-card"><div class="stat-value">Guards and cameras 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">Quarterly Frequency</div><div class="stat-label">Promotional events</div></div><div class="stat-card"><div class="stat-value">10.0</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">2.0</div><div class="stat-label">Projected foot traffic growth</div></div><div class="stat-card"><div class="stat-value">3 Planned</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>