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    300 Mariposa Rd Nogales, AZ 85621

    For Lease
    Contact for pricing

    Prime Nogales location, 50,213 sq ft.

    Lot size:
    50,213 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional sublease opportunity presents 50,213 square feet of retail space within the Mariposa Mall in Nogales, Arizona. Located at 300 W Mariposa Rd, 85621, this strip center enjoys a high-traffic location approximately three miles north of the US-Mexico border, benefiting from significant cross-border retail activity. The property is part of a vibrant retail area, complemented by the presence of major national retailers such as Walmart, Home Depot, and Safeway, further enhancing its appeal and drawing power. The mall itself houses a variety of established businesses, creating a synergistic retail environment. The Nogales, Arizona trade area boasts a population of approximately 41,208, while the neighboring Nogales, Sonora, Mexico population is approximately 220,292 (Source: Claritas, 2010 census), significantly increasing the potential customer base. This substantial retail space is ideal for a major anchor tenant seeking a strategic location within a thriving border town market. The property type is retail, specifically a strip center, and offers multiple tenancy options. Santa Cruz County provides a strong foundation for this retail investment. This is a rare opportunity to secure a significant presence in a dynamic and growing market.

    Property Features for 300 Mariposa Rd

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    50,213 SF

    Unit(s) available at that property

    Space
    Major Anchor Space
    Size
    50,213 SF
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Marshalls Department Store Hobby Lobby Craft Store Kmart Electronics Store

    Suggested Use

    Realty agency Restaurant Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Nogales
    County
    Santa Cruz
    State
    Arizona
    Longitude
    -110.9363202
    Latitude
    31.3685374

    Nearby Similar for Lease

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      Retail Space Near US-Mexico Border

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    FAQs

    What type of property is this?
    Neighborhood center - Prime Nogales location, 50,213 sq ft.
    Where is this neighborhood center located?
    The property is located at 300 Mariposa Rd Nogales, AZ.
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    300 Mariposa Rd Nogales, AZ 85621
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    Nogales, AZ 85621
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    300 Mariposa Rd Nogales, AZ 85621
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