137.5 m² Retail Space in Albrook Mall
A leased retail space on Albrook Mall’s main corridor
Albrook, Panamá
Active
$825,000
USD$6,000 / m²
- 137.5 m²Floor area
- 100Parking
- MallSetting
- 1Bath
Overview
Positioned on Albrook Mall’s main corridor, this 137.5 m² retail space combines a high-traffic commercial setting with an existing brand tenant. The space is offered for sale at USD 825,000, with an approximate monthly rent of USD 4,800 indicated. The local is on floor 1, described as an upper-level location, and has one bathroom, central air conditioning, and finished interiors. Visitor parking is specified at the mall. The commercial unit is presented as a leased investment rather than a vacant space, with the tenant’s brand name and lease terms available to confirm. Albrook Mall is known for high customer volume and strong commercial foot traffic, giving this space a prominent position within one of Panama City’s major shopping destinations. The asking price equates to USD 6,000 per m², and the approximate stated rent implies a gross yield of about 6.98% before expenses. Contact Casanova Realty to request the current lease details and arrange a visit.
In Short
The Albrook Mall retail space is offered for USD 825,000. Its stated total area is 137.5 m², and the approximate indicated rent is USD 4,800 per month, equivalent to an approximate 6.98% gross yield before expenses.
Before You Decide
- The space is already described as leased to a brand tenant, with approximate monthly rent of USD 4,800.
- The unit is on Albrook Mall’s main corridor, in a mall described as having high customer volume and commercial traffic.
- The stated approximate gross yield is 6.98% before operating costs and taxes.
- Lease terms, common charges, and the allocation of the stated parking count should be confirmed before purchase.
Highlights
- 137.5 m² of retail space
- Located on Albrook Mall’s main corridor
- Floor 1, described as an upper-level location
- Leased to a brand tenant
- Approximate rent of USD 4,800 per month
- Central air conditioning and finished interiors
- One bathroom
- Visitor parking specified at the mall
At a Glance
- Status
- Available for sale; leased to a brand tenant
- Asking price
- USD 825,000
- Price per m²
- USD 6,000/m²
- Monthly rent indicated
- Approximately USD 4,800
- Gross yield indicated
- Approximately 6.98%
- Bathrooms
- 1 bathroom
- Total area
- 137.5 m²
- Floor
- 1
- Parking
- Visitor parking at the mall
- Air conditioning
- Central
- Property type
- Retail commercial space
- Building
- Albrook Mall
- Neighborhood
- Albrook
- City
- Panama City
- Listing ID
- CNV-PROP-080097
Key Facts
- Category
- Commercial
- Unit type
- Commercial Retail
- Listed
- 20 June 2024
- Last updated
- 20 June 2024
Best suited to investor yield.
Gallery
13 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
- 138 m² · 1,480 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
- $825,000
- Price per m²
- $6,000 / m²
- Cash to close (est.)
- $247,500at 30% down
Mortgage Estimate
- Down payment
- 30% · $247,500
- Loan amount
- $577,500
- Rate (assumed)
- 6.25%
- Term
- 30 years
Estimated monthly payment
$3,556
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
- The asking price equates to USD 6,000 per m² based on the stated 137.5 m² total area.
- The approximate gross yield calculation uses USD 4,800 monthly rent and the USD 825,000 asking price.
Value Comparison
Asking price per m², against the building, the sector and the country.
Retail local$6,000 / m²
Albrook average$3,440 / m²
Panama average$4,306 / m²
Asking 74% above the Albrook average — worth understanding what justifies it before you offer.
Investment Case
The space is offered at USD 825,000 and is described as leased to a brand tenant for approximately USD 4,800 per month. That indicated rent equates to an approximate gross yield of 6.98% before expenses, taxes, and ownership costs.
- 7%
- Gross yield
- —
- Net yield (est.)
- —
- 5-yr area growth
- —
- Days on market
Price History
- Listed · June 2024$825,000
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
Is the Albrook Mall retail space currently leased?
Yes. The space is described as leased to a brand tenant.
What monthly rent is indicated for the space?
The indicated rent is approximately USD 4,800 per month.
What is the indicated gross rental yield?
Using the approximate USD 4,800 monthly rent and the USD 825,000 asking price, the indicated gross yield is approximately 6.98% before expenses.
Which floor is the retail space on?
The space is on floor 1, described as the mall’s upper level.
Does the space have air conditioning?
Yes. Central air conditioning is specified.
Is visitor parking available at the mall?
Visitor parking is specified.
Is the retail unit leased?
Yes. It is described as leased to a brand tenant.
Does the unit have central air conditioning?
Yes, central air conditioning is specified.
How many bathrooms does the unit have?
One bathroom.
Similar Properties
Same market, comparable size and price.
Interested in 137.5 m² Retail Space in Albrook Mall?
Speak to our team — viewings in person or by video, usually within 48 hours.