ISLAND RETAIL MARKET ANALYSIS the Island’S Shopping-Retail Centers Provide for Approximately 34.750 Million Sq
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Puerto Rico Retail Market Analysis & Plaza Las America Arteries Vacancies ISLAND RETAIL MARKET ANALYSIS The Island’s shopping-retail centers provide for approximately 34.750 million sq. ft. of leasable area distributed among 220 centers or facilities. The following table summarizes their most important characteristics as ranked per largest size to the smallest till 20,000 square feet. Facility Location Leasable Area No. of Stores Parking Capacity Year Anchor Stores Vacancy Plaza Las Américas San Juan 1,973,000 300 10,800 1968 JC Penney, Macys, Sears 210,000 JC Penney, Wal-Mart, Sears, Mayaguez Mall Mayaguez 1,125,000 125 6,000 1972 48,000 Marshalls JC Penney, Sears, Capri, Plaza Carolina Carolina 1,109,680 250 5,051 1978 90,000 Walgreens, Econo Plaza del Caribe Ponce 960,000 140 4,250 1992 JC Penney, Sears 90,000 Wal-Mart, Home Depot, Bed, Plaza del Sol Bayamón 675,594 196 3,400 1998 Bath & Beyond, 47,177 Old Navy Plaza del Norte Hatillo 671,278 16 3,740 1992 Wal-Mart, JC Penney, Sears 137,968 Wal-Mart, Home Depot, Old Navy, Plaza Escorial Carolina 636,415 48 3,240 1997 11,455 Sams Club,, Caribbean Cinemas The Mall of San Juan San Juan 634,000 80 3,525 2015 Saks, Nordstrom, LV,Brio, HM 126,800 JC Penney, Group USA, Sams Plaza Centro Mall Caguas 599,681 100 5,870 1988 23,812 Costco, Nosan,Office Max Kmart, Capri, Walgreens, San Patricio Plaza Guaynabo 593,066 149 2,300 1964 33,600 Bed, Bath & Beyond Kmart, Pueblo, Home Depot, Los Colobos Carolina 570,610 51 3,567 1996 25,400 Bed, Bath & Beyond, Walgreens Kmart, Marshalls, Capri, Montehiedra Towne Center San Juan 539,716 100 3,050 1994 Home Depot, Caribbean 27,479 Cinemas Nike, Polo, GAP, Tommy Hilfiger, The Outlet 66 Canovanas 540,000 120 3,000 2001 Guess, Reebok, Liz Claiborne, 8,000 Nautica Marshalls, Comp USA, Big Kmart, Plaza Rio Hondo Bayamón 538,442 182 2,343 1982 Pueblo, Capri, Walgreens, 43,909 C.Cinemas Santa Rosa Mall Bayamón 503,610 97 2,000 1965 Sears, Burlington Coat Factory 34,721 Las Catalinas Mall Caguas 495,177 125 2,293 1997 Kmart, Sears, Grande 17,491 Wal-Mart, JC Penney, Pep Boys, Plaza Palma Real Humacao 442,614 89 2,466 1995 29,635 Capri Kmart, Home Depot, Amigo, Rexville Towne Center Bayamón 431,008 48 2,258 2001 11,625 Office Max Advance Auto, Pitusa, Todo a Yauco Plaza I & II Yauco 444,520 100 2,900 1987 26,670 Peso,, Walgreens, Kmart Centro Gran Caribe Vega Alta 420,000 146 2,000 1987 Big Kmart, Capri, Amigo 46,918 Plaza Guayama Guayama 403,722 75 1,500 1993 Big Kmart, Sears, Kress Marshalls 30,000 Wal-Mart, Home Depot, Reina del Sur Ponce 370,000 --- -- 2007 40,536 Wendys, Panda Xpress Western Plaza Mayaguez 354,830 29 3,284 1998 Kmart, Home Depot, Sams Club 3,500 Plaza Cidra Cidra 353,341 30 796 2000 Berrios, SuperMax, Pepe Ganga 60,000 Wal-Mart Supercenter, Pep Plaza Cayey Cayey 339,840 47 1,900 1998 Boys, 12,801 Caribbean Cinemas Coach, BCBG, Lacoste, Nike, Prime Outlets Barceloneta 342,000 90 2,430 2000 15,000 Puma Bayamon Oeste Bayamón 306,152 66 1,373 1978 Pitusa, Advance Auto Parts 65,000 Monte Real Shopping Center Manati 287,519 24 1,938 2003 Wal-Mart, Walgreens, BK 11,713 Canton Mall Bayamon 275,294 71 1,100 1980 Me Salve, Kress, Grand Stores 11,000 Plaza Fajardo Fajardo 274,310 42 1,100 1992 Walmart, Econo, Pet Smart 26,200 Aguadilla Mall Aguadilla 272,106 50 2,000 1993 Kmart, Capri, Amigo 4,874 Plaza Isabela Isabela 259,012 39 1,500 1994 Wal-Mart, Caribbean Cinemas 9,821 Plaza Rio Grande Rio Grande 250,000 39 1,000 2009 68,161 Centro del Sur Ponce 249,010 80 1450 1962 Marshalls, Burlington Coat 12,339 Kmart, Always 99, Me Salve, Juana Diaz Plaza Juana Diaz 247,299 30 1,336 1991 11,779 Pepe Ganga Plaza del Oeste San German 233,830 31 1300 1991 Big Kmart, Econo, Pep boys 9,252 Plaza del Atlantico Arecibo 223,261 34 1,000 1980 Grand Stores, Big K, Capri 32,679 Bayamon Center Bayamon 223,390 --- 700 1960 ------- 233,390 Galeria Los Paseos San Juan 209,859 43 814 1995 Amigo, ATT, Firstbank 76,834 Juncos Plaza Juncos 207,944 42 1,211 1998 Capri, Marshalls, Amigo 20,477 Humacao Plaza Shopping Humacao 204,206 27 1,200 1995 Falas, National, Subway 84,666 Center Señorial Plaza San Juan 201,577 49 800 1978 Pueblo, Walgreens, Pet Smart 83,622 WalMart Sams Ponce 200,000 --- --- 1997 Wal-Mart-Sa,Ms -- Efraín Tirado Appraisal Group 11 Appraisers-Planners-Counselors Puerto Rico Retail Market Analysis & Plaza Las America Arteries Vacancies Trujillo Alto Plaza Trujillo Alto 199,513 50 772 1990 Kmart, Pueblo, Marianne -- Coamo Plaza Shopping Coamo 193,876 40 918 2000 National. Fals, Econo 44,483 Center El Monte Mall Ponce 193,164 ---- --- 2006 ------ 60,000 Ponce Town Center Ponce 191,680 28 1,605 1990 Kmart, Petsmart, Me Salve 17,372 Kress, Caribbean, Cinemas, Plaza Los Prados del Sur Santa Isabel 186,444 27 1,000 2010 -- Apple Bees, Wendys Plaza Vega Baja Vega Baja 184,900 14 450 1990 Econo, Fallas, Claro 95,563 Ponce Mall Ponce 183,350 53 1976 Ikea, Petco, GrandStores 47,835 Plaza del Parque Bayamon 179,136 --- 918 1993 Sams, Wendys, Copy Max 8,956 Plaza del Carmen Mall Caguas 176,115 66 720 1976 Falas, Amigo, Autozone 54,334 Plaza del Este Fajardo 174,000 6 400 1974 AutoZone, KFC, 80,000 Advance Auto, Taco Bell, Dorado Del Mar Shopping Dorado 173,582 --- 576 1978 50,000 Subway Plaza Mall Humacao 171,250 --- --- 2005 Walgreens, Sams 7,000 The New Ponce Shopping Ponce 166,870 ---- 578 1958 ----------- 16,700 Center Plaza Bayamon Bayamon 165,844 ------ 800 1993 Costco, Scotiabank 16,584 Plaza Atenas Manati 164,658 44 772 2000 Falas, Selectos 34,851 National. Falas, Econo, Plaza Aquarium Mall Toa Alta 164,628 37 800 2002 32,794 Walgreens Plaza Walmart Guayama 163,559 14 804 1993 Walmart 27,237 Plaza Caparra Guaynabo 161,867 38 600 1964 Tiger Direct, Marshalls, Amigo 5,910 Norte Shopping Center San Juan 161,225 25 358 1975 Falas, Plaza Loiza, Walgreens 1,000 Burger King, Milleies Beautym, Oriental Plaza Humacao 160,000 13 500 1985 50,000 Me Salve Victory Shopping Center Bayamon 153,688 22 423 1967 Plaza Loiza, National, Caridad 13,938 Plaza Santa Isabel Santa Isabel 151,940 23 ---- 2005 Wal-mart, Wendys 3,355 Chop House, Cold Stone, Paseo Del Plata Dorado 150,000 --- 500 2002 60,000 Amigo, Caribbean Cinema Wal-Mart Super Center Caguas 150,000 --- ---- 2006 Wal-Mart Selectos, Capri, Plaza Los Prados Caguas 149,382 38 763 2005 ---- Walgreens,Payless 65 Infanteria Shopping San Juan 146,048 19 588 1990 Plaza Loiza, Walgreens, Petco 6,316 Center Caribbean Cinemas, Cold Olympic Plaza Las Piedras 144,245 --- 800 2004 28,849 Stone, Subway, church Echegaray Coamo 140,000 --- --- 2005 ------ ------ Rent-A-Center, Marhalls, TJ Plaza Villa Blanca Caguas 138,273 23 560 1965 21,408 Maxx San Sebastian Shopping San 138,772 46 645 1992 Econo,, Auto Zone, Todo a Peso 57,911 Center Sebastian Plaza Villa Blanca Caguas 138,702 23 287 1990 Marshalls, TJ Maxx 22,739 Plaza Las Flores Aibonito 136,934 24 674 1990 Pitusa, Grand Stores, AZ, BK 38,932 Manati Centro Plaza Manati 134,685 27 695 2002 Gatsby, Capri, Marshalls 3,077 Laguna Gardens Carolina 134,372 30 422 1980 Super Max, Pizza Mar 30,203 Rexville Plaza Bayamon 131,121 11 400 1980 CVS, Marshalls, Adv. Auto Parts 10,071 Plaza Canovanas Canovanas 127,000 32 600 2007 Wal-Mart, Marshalls, Walgreens 2,502 Guayama Business Center Guayama 126,828 11 250 1980 National 63,738 Reparto Metrop. Shopping San Juan 126,462 28 300 1965 Walgreens, BBPR, Plaza Loiza 14,874 Center El Mercado Plaza Naranjito 140,000 25 500 2002 Econo, Walgreens, Me Salve 15,000 Plaza De Diego Mall San Juan 125,000 --- None 1980 Vacant 125,000 Krespe Kreme, Wendys, Doramar Dorado 124,867 30 783 2010 1,200 Walgreens Los Jardines Shopping Center Guaynabo 122,817 25 413 1985 BPPR, KFC 40,000 Morovis Plaza Shopping Morovis 120,790 21 707 1990 Pitusa, National, Rainbow 53,151 Center Econo Plaza Morovis 120,000 7 350 2007 Econo, Banco popular 2,000 Plaza Las Piedras Shopping Fressenius, Goldean Heaven, Las Piedras 119,466 30 535 2000 34,944 Center KFC Pueblo, Walgreens, Dominos Drive-In Plaza Bayamon 119,973 --- 600 1998 8,000 Pizza, ATT Plaza San Francisco San Juan 119,042 40 399 1969 Supermax, Yogen Fruz, Subway 13,336 Plaza Las Vegas Vega Baja 118,375 24 300 2000 Walgreens, HCOA, Always 99 9,445 Las Vegas Shopping Center Vega Baja 117,604 18 280 2005 Supermax, BK, Dominies Pizza 41,527 Santa Maria Shopping Guaynabo 113,318 25 475 1965 Pepe Ganga, SuperMax,Decora 1,536 Center El Monte Mall San Juan 112,142 40 320 1963 Clinical Lab, Centro vision 70,000 Cupey Professional Mall San Juan 110,636 --- 400 1971 Amigo, Wendys, Bowling 35,000 Triumph Plaza Humacao 110,000 8 150 2005 La Familia, ATT, Ralphs, BPPR 3,000 Mayaguez Town Center Mayaguez 105,873 --- 205 1965 El Cine, Pueblo 25,000 Walgreesn Mcdonalds, La Anasco Plaza Añasco 105,405 --- 500 2009 15,000 Defensa Plaza Yabucoa Shopping Yabucoa 103,453 17 550 2004 Pitusa, National 39,119 Center Vista Verde Mayaguez 103,369 --- ----- 1968 Sizzler, Chinamerica, Berrios 18,000 Efraín Tirado Appraisal Group 12 Appraisers-Planners-Counselors Puerto Rico Retail Market Analysis & Plaza Las America Arteries Vacancies Fajardo Shopping Center Fajardo 102,000 --- 350 1975 Pizza Hut, El Meson, Berrios 14,000 Pizza Hut, Mcdonalds, Chenese, Quebradillas Plaza Quebradillas 100,000 --- 250 1985 18,000 HKNC Sams Strip Center Carolina 100,000 --- ---- 2005 Sams 3,500 Plaza Victoria Shopping Aguadilla 99,597 9 478 1980 Falsa, Autozone, National ------ Center Arecibo Shopping Center Arecibo 98,729 34 440 1973 BK, Subway, Little Ceasars 59,322 Galeria Pacifico San Juan 98,000 25 525 2010 Wedya, Walgreens 15,000 San Jorge Commercial