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Property profile & analytics
FOR LEASE
Community centers

300 West Mariposa Rd Nogales, AZ 85621

7,468 SF 7.76 ac lot Built 1991
Entity Owned 3-yr Hold ~ Est. High Equity
Property ID
US07-0927210
300 West Mariposa Rd, Nogales, AZ 85621 For Lease
Contact for pricing 50,213 SF available
300 West Mariposa Rd, Nogales, AZ 85621
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Property summary
AI-generated overview

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 profile
Verified
Property type Community centers
Use group MINI-MALL
Year built 1991
Construction CONCRETE
Total area 7,468 SF
Lot 7.76 ac (338,026 SF)
APN 102-01-035D
UPID US07-0927210
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Marshalls Department Store
  • Hobby Lobby (Bike/Boat/Book/etc) Store
  • Kmart Electronics & Wireless Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Mmv Alex Properties LLC · 3 yrs held
Mmv Alex Properties LLC
since 2023
3 recorded transactions
2023
Price N/A
2015
Price N/A
2015
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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