68.35 m² Commercial Space at Albrook Mall
A ground-floor commercial opportunity at Albrook Mall
Albrook, Panamá
Active
$700,000
USD$10,241 / m²
- 68.35 m²Floor area
- 100Parking
- MallSetting
- 1Bath
Overview
Set within Albrook Mall, this 68.35 m² ground-floor commercial space puts a compact business footprint in one of Panama City’s high-volume shopping destinations. Its mall setting and strong customer traffic make it a compelling option for buyers seeking a commercial property with an investment profile. The unit offers 68.35 m² of total area, one bathroom, finished interiors and central air conditioning. It is located on the mall’s ground floor. Visitor parking is available at the mall. The source details also report 100 garage spaces, without specifying how they are allocated to this unit. The space is offered as a leased commercial investment, with an approximate monthly rent of $2,800. At the $700,000 asking price, that rental figure equates to an indicative gross annualized yield of about 4.8% before expenses. Albrook Mall’s high customer volume and active commercial environment support the appeal of this location. Contact Casanova Realty to discuss the property, confirm the lease details and arrange a viewing.
In Short
The commercial unit at Albrook Mall is offered for $700,000. It has 68.35 m² of total area, one bathroom and a ground-floor location. The space has finished interiors and central air conditioning. The mall has visitor parking, and an approximate monthly rent of $2,800 is reported.
Before You Decide
- The $700,000 asking price equates to approximately $10,241.40 per m² using the stated 68.35 m² area.
- The approximate reported rent implies a gross annualized yield of about 4.8% before expenses, subject to lease verification.
- Confirm the allocation and terms of the 100 reported garage spaces before relying on them as unit parking.
- Confirm the mall's maintenance charges and permitted commercial uses before estimating operating costs.
Highlights
- 68.35 m² of total commercial area
- Ground-floor location inside Albrook Mall
- One bathroom
- Central air conditioning
- Finished interiors
- Mall visitor parking
- High-volume customer traffic
- Approximate reported rent of $2,800 per month
At a Glance
- Status
- Available for sale
- Asking price
- $700,000
- Price per m²
- $10,241.40/m²
- Property type
- Commercial space
- Total area
- 68.35 m²
- Bathrooms
- 1
- Floor
- Ground floor
- Reported garage count
- 100
- Air conditioning
- Central
- Reported monthly rent
- Approximately $2,800
- Building
- Albrook Mall
- Neighborhood
- Albrook
- City
- Panama City
- Listing ID
- CNV-PROP-079701
Key Facts
- Category
- Commercial
- Unit type
- Commercial Retail
- Listed
- 10 February 2025
- Last updated
- 10 February 2025
Best suited to investor yield.
Gallery
15 photographs of this residence.
What's Included
Everything that stays with the residence.
- Finished interior
- 100 parking spaces
Explore Retail local
Take a closer look before you travel.
No video on file for this unit yet. We can walk you through it live over WhatsApp — most buyers outside Panama start that way.
Features & Finishes
Layout
- Full baths
- 1
- Total
- 68 m² · 736 ft²
Systems & Comfort
- Air conditioning
- Central
Parking & Storage
- Spaces
- 100
- Covered
- No
Interior
- Finished interior
Costs & Financing
Everything you would actually pay, not just the asking price.
Purchase Summary
- Asking price
- $700,000
- Price per m²
- $10,241 / m²
- Cash to close (est.)
- $210,000at 30% down
Mortgage Estimate
- Down payment
- 30% · $210,000
- Loan amount
- $490,000
- Rate (assumed)
- 6.25%
- Term
- 30 years
Estimated monthly payment
$3,017
Principal and interest only
An illustration, not an offer. Panamanian banks lend up to about 70% to residents and 50–60% to non-residents; your rate depends on the bank, the term and your file.
Monthly Carrying Cost
Property tax$0
Insurance$0
Total, before mortgage:$0 / month
If you let it out
How It Compares
- Compare this Albrook Mall unit with other mall commercial spaces by total area, ground-floor access, lease documentation and parking allocation.
- The derived asking price is approximately $10,241.40 per m², calculated from $700,000 divided by 68.35 m².
Value Comparison
Asking price per m², against the building, the sector and the country.
Retail local$10,241 / m²
Albrook average$3,440 / m²
Panama average$4,306 / m²
Asking 198% above the Albrook average — worth understanding what justifies it before you offer.
Investment Case
The commercial space is described as leased, with an approximate monthly rent of $2,800. That figure implies a gross annualized yield of about 4.8% against the $700,000 asking price, before expenses and subject to confirmation of the lease and rent.
- 4.8%
- Gross yield
- —
- Net yield (est.)
- —
- 5-yr area growth
- —
- Days on market
Price History
- Listed · February 2025$700,000
How You Can Pay
This residence is not attached to a building page in our directory.
Living in Albrook
Ancón, Panamá
Albrook on Casanova today
- Active sale listings
- 105
- Active rentals
- 0
- Median asking price per m²
- $2,333
Getting Around
Ancón, Panamá, Panamá · Panama City
Address shown to neighborhood precision for the owner's privacy. The exact address is shared when a viewing is confirmed.
Frequently Asked Questions
What is the asking price for this Albrook Mall commercial space?
The asking price is $700,000.
How large is the commercial space?
The space measures 68.35 m².
Is the space on the ground floor?
Yes. The commercial space is on the ground floor.
What air conditioning does the space have?
The space has central air conditioning.
What monthly rent is associated with the space?
An approximate monthly rent of $2,800 is reported.
Is the unit leased?
The unit is described as leased, but its current occupancy and lease terms should be confirmed.
Does the space have central air conditioning?
Yes. Central air conditioning is specified.
Similar Properties
Same market, comparable size and price.
Interested in 68.35 m² Commercial Space at Albrook Mall?
Speak to our team — viewings in person or by video, usually within 48 hours.