2200 El Mercado LoopSierra Vista, AZ 85635

For Lease
  • Community centers
  • 154,843 SF

Property Details for 2200 El Mercado Loop

Year built
1999
Construction
STEEL FRAME
Lot size
12.60 AC
Property size (Sq ft)
154,843 SF
Property type
Community centers
APN
105-16-037A
APU
10516037A

Description

The Mall at Sierra Vista offers exceptional retail opportunities in Cochise County, Arizona. This vibrant shopping center, totaling 370,057 square feet, is the premier destination for Southern Arizona and nearby Mexican border towns, drawing a substantial customer base from Fort Huachuca (over 19,000 military personnel and contractors), a community college, and a university branch. Three spaces are currently available, ranging from a minimum of 883 square feet to a maximum contiguous space of 12,254 square feet, with a total of 15,301 square feet currently vacant. The mall boasts a diverse tenant mix, including a Cinemark first-run theater and various dining establishments, creating a dynamic and family-friendly environment. The property sits on 12.84 acres and provides ample parking with 2,288 spaces, ensuring convenient access for shoppers. Its strategic location within a 75-mile radius, combined with its strong anchor tenants and community-focused events, makes this a highly desirable retail investment. The property's strong demographics and established position as the region's leading shopping destination offer significant potential for growth and profitability. This is an unparalleled opportunity to establish or expand your business in a thriving market. Contact us today to learn more about available spaces and leasing options.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $22,553,422
    6.5%
    $20,818,544
    7%
    $19,331,504
  • Comparable approach

    Method
    Valuation
    Relative Method
    $64,930,004
    Geo Method
    $64,930,004
  • Alternative Use

    Use
    Valuation
    Residential
    $17,561,220
    Hospitality
    $16,085,983
    Educational
    $13,383,349
    Medical
    $13,843,623
    Retail
    $20,818,544
2200 El Mercado Loop, Sierra Vista, Arizona

Location Insight

City
Sierra Vista
County
Cochise
State
Arizona
Latitude
31.5319
Longitude
-110.259
CBSA code
43420
CBSA name
SIERRA VISTA-DOUGLAS, AZ MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$200,431
$329,340
$1,400,070
$1,729,410
-
$2,195,600
$9,333,797
$11,529,397

FAQs

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