NEW

Brand Fit Snapshot

Best for:

Department Store AnchorsDaily Essentials & GroceryMid-Market FashionCinema & LeisureLocal Services

Not ideal if:

Ultra-Luxury PositioningLarge Footprint RetailDiscount Retail

Similar properties you might like:

Want to know if your brand fits?
Quick assessment - takes 30 seconds
Check Your Fit

La Villa Bonita, located in Benito Juarez, Mexico City, is a 45,000 sqm neighborhood mall renovated in 2015, featuring 85 stores over 2 levels. It targets middle-income families (15,000-30,000 MXN/month) in a dense 250,000-person catchment area. Occupancy at 88% (2023) exceeds the 85% city average. Anchors include Liverpool department store, Soriana supermarket, Suburbia, and Cinemex cinema.

Tenant mix: 40% essentials (grocery, pharmacy), 30% fashion/accessories, 20% F&B, 10% services. Average monthly footfall of 375,000, with 70% local visitors aged 25-55. Rents average 450 MXN/sqm/month (350-550 range), offering 30% savings vs. prime sites. Accessible by Metrobus and streets, 1,200 parking spots available. Positioned for everyday shopping, it leverages stable demand but contends with e-commerce growth, traffic congestion, and nearby competitors like Plaza Universidad.

Leasing pros: flexible spaces (50-500 sqm), 3-5 year terms with inflation escalations, up to 20% fit-out support. Cons: 8,000 MXN/sqm annual sales, 15% turnover in apparel, seasonal footfall drops of 15-20%.

For Advertisers
Advertise at this property?

Reach high-intent shoppers across digital screens, atria, and experiential placements.

Hours of Operation

Hours

Checking...
Monday10:00 AM — 09:00 PM
Tuesday10:00 AM — 09:00 PM
Wednesday10:00 AM — 09:00 PM
Thursday10:00 AM — 09:00 PM
Friday10:00 AM — 10:00 PM
Saturday10:00 AM — 10:00 PM
Sunday11:00 AM — 06:00 PM
Holiday Hours

Hours may vary on public holidays. Check with individual stores for specific holiday schedules.

Av. Insurgentes Sur 1234, Mexico City, Mexico

Insights

Demographics and Catchment

The primary catchment within 5 km encompasses 250,000 residents in high-density urban areas (>15,000/sq km), with average household income of 15,000-30,000 MXN/month and 3.4 persons per household. Population growth is 1.2% annually, average age 30 years, supporting consistent demand for essentials and mid-range fashion. However, 3.8% unemployment and economic sensitivity pose risks to discretionary spending, with consumer expenditure averaging 1,800 USD/year, including 350 USD on groceries and 650 USD on apparel. This profile suits value-oriented retailers but limits luxury appeal.

Competition and Market Risks

La Villa Bonita faces moderate competition from nearby centers like Plaza Universidad (similar size, higher footfall) and upscale Santa Fe (premium positioning). Street vending erodes 10-15% of potential traffic, while e-commerce penetration at 82% challenges physical retail, especially fashion (saturated category with 15% annual turnover). Market saturation in Mexico City retail sector, coupled with 2.5% sales growth slowdown in 2023, heightens risks. Strengths include anchor-driven traffic (60%) and local loyalty, but economic volatility and access issues during peaks could impact performance.

Operational Quality and Accessibility

Operational aspects include average maintenance with recent HVAC/security upgrades, low crime via CCTV/guards, but some infrastructure wear and parking shortages (1,200 spaces) during events. Accessibility is good via Metrobus lines and major streets, though moderate traffic congestion affects drive-up visits. Dwell time averages 1.8 hours, conversion 18% (below 20% norm). Management hosts 24 events/year boosting engagement 25%, aiding promotional efforts. Challenges: seasonal footfall dips (15-20% in summer), limited appeal beyond essentials, and vulnerability to broader market trends like digital shifts.

Building Details

Property Type
Shopping Mall
Gross Leasable Area
40,000
Year Built
2005
Parking Spaces
1200
Average Monthly Footfall
150,000
Owner
Grupo La Villa
Anchor Tenants
Liverpool,Soriana,Cinemex

Detailed Market Analytics

Primary Catchment Area
5 km
Secondary Catchment Area
20 km
Catchment area population
250,000 People
Population growth rate
1.2 %
Median age
30 Years
Household size
3.4 Persons
Education level (tertiary)
28.0 %

Median household income
12,500 USD
Unemployment rate
3.8 %
Cost of living index
85 Index (US=100)

Retail spending per capita
1,800 USD
Spending on apparel
350 USD per year
Spending on groceries
650 USD per year
Spending on electronics
250 USD per year

Annual foot traffic
1,800,000 Visitors
Dwell time
1.8 Hours
Conversion rate
18.0 %
Sales per square meter
4,200 USD

Number of retail stores
85 Stores
Anchor tenant presence
Yes Presence
Competitor density (same category)
Medium Density
Tenant diversity
High Diversity
Unique Concepts
8 Concepts

Gross Leasable Area
40,000 sqm
Number of Levels
2 Levels
Average rent per square meter
45 USD per month
Vacancy rate
6.0 %
Lease term flexibility
Medium Flexibility
Available retail space
2,500 sqm

Proximity to main roads
High Proximity
Public transport access
Good Access
Parking spaces
1,200 Spaces
Pedestrian traffic
Moderate Traffic

E-commerce competition
High Competition
Click-and-collect adoption
12.0 %
Internet penetration
82.0 %

Retail crime rate
Low Rate
Security measures
CCTV and guards Measures

Promotional events
24 Events per year
Loyalty program penetration
25.0 %
Digital signage presence
Yes Presence

Projected foot traffic growth
1.5 %
New tenant pipeline
6 Tenants
Mall expansion plans
Phase 1 planned Plans
City Snapshot
Mexico City, CMX

Comprehensive market intelligence for retail expansion in this city

Market DataDemographicsTenant Mix
Get City Snapshot
City Snapshot Report Preview
Sample

Discover more shopping centers in Mexico City.

Top retail destinations across Mexico.

For Advertisers
Advertise at this property?

Reach high-intent shoppers across digital screens, atria, and experiential placements.

City Snapshot
Mexico City, CMX

Comprehensive market intelligence for retail expansion in this city

Market DataDemographicsTenant Mix
Get City Snapshot
City Snapshot Report Preview
Sample
Brands Wanted · 5,400 SF

1–1.5 year lease, below market rent, 2nd-generation, fully operational, cosmetic build-out only — move-in ready

At Market Street – The Woodlands, TX, USA

More Info