300 Mariposa RdNogales, AZ 85621

Property Details for 300 Mariposa Rd

Year built

1991

Construction

CONCRETE

Lot size

7.76 AC

Property size (Sq ft)

7,468 SF

Property type

Community centers

APN

102-01-035D

APU

10201035D

Description

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.

• CAP approach

  CAP return

  Valuation

  6%

  $1,240,750

  6.5%

  $1,145,310

  7%

  $1,063,500

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,292,380

  Geo Method

  $1,292,380

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $2,338,000

  Mixed-Use / Specialty

  $1,098,990

  Hospitality / Lodging

  $751,295

  Office

  $1,048,460

  Institutional / Educational

  $1,127,410

  Residential Income

  $1,319,070

  Multifamily

  $1,816,200

  Automotive / Energy

  $966,349

  Parking / Income-Based Land

  $375,209

  Restaurant / Food Service

  $481,441

  Healthcare / Senior Housing

  $1,170,310

Location Insight

City

Nogales

County

Santa Cruz

State

Arizona

Latitude

31.3681

Longitude

-110.936

CBSA code

35700

CBSA name

NOGALES, AZ MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].