350 Mariposa Rd Nogales, AZ 85621-1012
This exceptional investment opportunity presents the Mariposa Jewel Box Shops, a 25,110 square foot shopping center located at 350 W Mariposa Rd, Nogales, AZ 85621. The property boasts a prime location on a power corner at the intersection of W. Mariposa Rd and Highway 19, within a thriving retail market generating nearly $500 million in annual sales. Built in 2014, this single-building, fee-simple property sits on a 4.24-acre lot and is currently 100% occupied by three national credit-rated tenants: Aeropostale, Nautica, and Shoe Carnival, under triple-net (NNN) leases with corporate guarantees. The asking price is $5,175,000, representing a compelling $206.09 per square foot and an 8.00% cap rate, with a current net operating income (NOI) of $414,004. Rent bumps are included in the lease agreements. The property benefits from a large, stable trade area encompassing a 25-mile radius, served by major employers such as Carondelet Health Network, The Home Depot, Prestolite Wire, and EDS Manufacturing. The strong tenant lineup, high occupancy, and prime location make this a truly exceptional investment opportunity with significant upside potential in rental rates. The property offers a unique opportunity for ownership in a market with high barriers to entry.
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Aéropostale Outerwear Store Women'S Clothing Store
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Nautica Clothing Store Children'S Clothing Store
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Shoe Carnival Clothing & Fashion Store (Bike/Boat/Book/etc) Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.