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Property profile & analytics
OFF-MARKET Estimated value $960,000
Strip malls

350 Mariposa Rd Nogales, AZ 85621-1012

25,157 SF 4.24 ac lot Built 2014
Entity Owned 12-yr Hold ~ Est. High Equity
Property ID
US07-2277660
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2014
Construction CONCRETE
Total area 25,157 SF
Lot 4.24 ac (184,694 SF)
APN 102-01-035R
UPID US07-2277660
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
  • Aéropostale Outerwear Store Women'S Clothing Store
  • Nautica Clothing Store Children'S Clothing Store
  • Shoe Carnival Clothing & Fashion Store (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$675k
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.25M
Blend (final) Blend
$960k
Owner & transaction history
Lad Back Nogales LLC · 12 yrs held
Lad Back Nogales LLC
since 2013
3 recorded transactions
2025
Price N/A
2018
Price N/A
2013
$1.4M
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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