Ground-Floor Corner Retail Space at Albrook Mall
Albrook MallAlbrook
- 1 Bath
- 131 m²
$1,000,000
$7,657 / m²
182.8 m² Commercial Unit at Albrook Mall
A leased retail space on Albrook Mall’s main passage
Albrook, Panamá
Active
$940,000
USD$5,142 / m²Negotiable
- 182.8 m²Floor area
- 100Parking
- MallSetting
- 1Bath
Overview
Set within Albrook Mall, this 182.8 m² commercial unit sits on piso 1 along a main passage in a high-volume retail destination. The space is offered for sale at $940,000, with a negotiable asking price, and is described as leased to a tenant. Reported rent is approximately $4,500 per month, giving the property an existing income stream to assess as part of a purchase. The finished local has central air conditioning and one bathroom. Visitor parking is available at the mall. Its location on a principal corridor and the mall’s strong customer traffic make this a distinctive option for a buyer considering a retail investment in Panama City. The reported rent implies an indicative gross yield of about 5.74% against the asking price, before expenses and subject to confirming the lease and income. Ask for the lease details, operating costs and parking arrangements, then arrange a visit to evaluate the space and its position within Albrook Mall.
In Short
The Albrook Mall commercial unit for sale measures 182.8 m² and is located on piso 1 along a main passage. It has central air conditioning and one bathroom. The reported rent is approximately $4,500 per month, and the negotiable asking price is $940,000.
Before You Decide
- Confirm the lease term and verify the approximate $4,500 monthly rent before assessing yield.
- Clarify whether the 100 recorded parking spaces are mall-wide, shared or assigned to the unit.
- Request mall operating costs, maintenance charges and permitted-use rules to assess net returns.
Highlights
- 182.8 m² commercial unit
- Located on piso 1 along a main mall passage
- Albrook Mall is a high-volume retail destination
- Described as leased to a tenant
- Approximate reported rent of $4,500 per month
- Finished interior with central air conditioning
- One bathroom
- Negotiable asking price of $940,000
At a Glance
- Status
- For sale; described as leased
- Asking price
- $940,000, negotiable
- Price per m²
- $5,142.23/m²
- Property type
- Commercial retail unit
- Area
- 182.8 m²
- Bathrooms
- 1
- Floor
- 1
- Parking
- 100 recorded; visitor parking noted
- Reported monthly rent
- Approx. $4,500
- Building
- Albrook Mall
- Neighborhood
- Albrook
- City
- Panama City
- Listing ID
- CNV-PROP-079705
Key Facts
- Category
- Commercial
- Unit type
- Commercial Retail
- Listed
- 10 February 2025
- Last updated
- 10 February 2025
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
- 183 m² · 1,968 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
- $940,000
- Price per m²
- $5,142 / m²
- Cash to close (est.)
- $282,000at 30% down
Mortgage Estimate
- Down payment
- 30% · $282,000
- Loan amount
- $658,000
- Rate (assumed)
- 6.25%
- Term
- 30 years
Estimated monthly payment
$4,051
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 stated unit size is 182.8 m² and the asking price is $940,000, equivalent to approximately $5,142.23 per m².
- The reported approximate monthly rent of $4,500 implies an indicative gross yield of about 5.74% against the asking price, before expenses.
Value Comparison
Asking price per m², against the building, the sector and the country.
Retail local$5,142 / m²
Albrook average$3,440 / m²
Panama average$4,306 / m²
Asking 49% above the Albrook average — worth understanding what justifies it before you offer.
Investment Case
The commercial unit is offered at $940,000 and is described as leased at approximately $4,500 per month. That equates to an indicative gross yield of about 5.74% against the asking price, before expenses and subject to confirmation of the lease and income.
- 5.7%
- Gross yield
- —
- Net yield (est.)
- —
- 5-yr area growth
- —
- Days on market
Price History
- Listed · February 2025$940,000
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 unit?
The asking price is $940,000, and it is negotiable.
How large is the unit?
The commercial unit measures 182.8 m².
Where is the unit located inside Albrook Mall?
It is on piso 1 along a main mall passage.
What rental income is reported for the unit?
The reported rent is approximately $4,500 per month.
Does the unit have air conditioning?
Yes. Central air conditioning is stated.
Similar Properties
Same market, comparable size and price.
Interested in 182.8 m² Commercial Unit at Albrook Mall?
Speak to our team — viewings in person or by video, usually within 48 hours.