NEW

Brand Fit Snapshot

Best for:

Department Store AnchorsInternational ChainsHypermarket TrafficCinema & LeisureFamily Entertainment

Not ideal if:

Ultra-Luxury PositioningSmall Format Retail

Similar properties you might like:

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

Parque Tepeyac is a super regional shopping center in Gustavo A. Madero borough, Mexico City, opened in November 2022 by FIBRA Danhos, spanning 90,000 square meters of gross leasable area across two levels with 220 stores. Located at Calzada San Juan de Aragon 389, it serves a densely populated area of 1.17 million residents within 5-10 km. The tenant mix balances anchors (40% GLA) like Liverpool, Sears, Walmart, and Suburbia; specialty retail (30%) including Bershka, Adidas, and Vans; dining (20%) with Chilis, Italiannis, McDonalds, and Starbucks; and entertainment (10%) featuring the 30,000 sqm Acuario Michin, Latin Americas largest aquarium, and a Cinepolis multiplex.

Occupancy stands at 90-95% as of 2024, with annual footfall around 8 million visitors and average dwell time of 90 minutes.

Market position is strong in northern CDMX, targeting working-class and emerging middle-class families with average monthly household incomes of 12,000-18,000 MXN, emphasizing experiential retail to counter e-commerce growth.

Leasing advantages include base rents of 250-350 MXN per sqm monthly plus 8-12% overage on sales exceeding thresholds, averaging 6,000-8,000 MXN per sqm annually, with flexible spaces up to 5,000 sqm and promotional support. However, challenges include heavy traffic congestion on access roads like Eduardo Molina, high competition from five nearby malls such as Parque Lindavista, and potential saturation in fast fashion categories amid 20% online shopping penetration.

Modern post-COVID design enhances ventilation and open spaces, but external urban infrastructure risks persist, with 3.5% unemployment influencing spending patterns focused on food, apparel, and entertainment at 7,500, 2,500, and 1,250 MXN per capita yearly respectively.

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.

Calzada San Juan de Aragón 389, Mexico City, Mexico

Insights

Demographics and Target Market

The primary catchment area encompasses 1,173,351 residents in Gustavo A. Madero with 0.8% annual growth, average age of 34 years, and 3.1 persons per household. Target demographic represents 25% of the population, comprising working-class and emerging middle-class families with average annual household incomes of 250,000 MXN. Economic stability index is 45 points, with 3.5% unemployment and consumer spending prioritizing food and beverage (7,500 MXN per capita yearly), apparel (2,500 MXN), and entertainment (1,250 MXN). High density supports consistent footfall, but informal employment prevalence may lead to spending volatility during economic downturns, recommending tenant focus on value-oriented and family-centric offerings to align with local profiles.

Competitive Landscape and Risks

Competition is high with five nearby malls, including Parque Lindavista offering similar anchors, contributing to market saturation in apparel and fast fashion categories. Online retail erodes 20% of physical sales, with 70% hybrid shopping behavior. Strengths lie in unique attractions like Acuario Michin driving 30% event-based traffic and differentiating from traditional plazas. Risks include oversupply in northern CDMX, potential tenant mix weaknesses in non-experiential segments, and external factors like urban congestion impacting accessibility. Balanced positioning requires emphasis on dining and leisure to enhance cross-shopping and mitigate e-commerce pressures, with operational quality rated high but vulnerable to regional economic fluctuations.

Leasing and Operational Metrics

Occupancy rates of 90-95% reflect strong demand, supported by 3,500 parking spaces and Metro Line 5 access, though peak-hour traffic on Eduardo Molina avenue poses challenges. Rent structure features base rates of 250-350 MXN per sqm monthly, supplemented by percentage rents, yielding average sales of 8,000 USD per sqm yearly. Flexible leasing includes abatements during ramp-up and up to 5,000 sqm configurations, with high visibility and modern infrastructure aiding performance. Drawbacks encompass seasonal footfall variations tied to local economy and aging surrounding roads requiring external mitigation. Overall, the property benchmarks well against CDMX peers in traffic quality (1.25 million monthly visitors, 25% repeats), but sustained viability depends on diversifying beyond saturated categories.

Building Details

Property Type
Super Regional
Gross Leasable Area
120,000
Year Built
2022
Parking Spaces
3500
Average Monthly Footfall
666,667
Owner
FIBRA Danhos
Anchor Tenants
Liverpool, Walmart, Chedraui, Cinemex, Acuario Michin

Detailed Market Analytics

Primary Catchment Area
5 km radius
Secondary Catchment Area
20 km radius
Catchment area population
1,500,000 People
Population growth rate
1.2 %
Median age
32 Years
Household size
3.4 Persons per household
Education level (tertiary)
25.0 %

Median household income
250,000 MXN per year
Unemployment rate
3.5 %
Cost of living index
45 Index points

Retail spending per capita
10,000 MXN per year
Spending on apparel
2,000 MXN per year
Spending on groceries
15,000 MXN per year
Spending on electronics
3,000 MXN per year

Annual foot traffic
8,000,000 Visitors
Dwell time
90 Minutes
Conversion rate
25.0 %
Sales per square meter
8,000 USD per year

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

Gross Leasable Area
120,000 sqm
Number of Levels
3 Levels
Average rent per square meter
600 MXN per month
Vacancy rate
10.0 %
Lease term flexibility
Medium Flexibility level
Available retail space
5,000 sqm

Proximity to main roads
High Proximity level
Public transport access
Good Access level
Parking spaces
3,500 Spaces
Pedestrian traffic
High Traffic level

E-commerce competition
High Competition level
Click-and-collect adoption
20.0 %
Internet penetration
70.0 %

Retail crime rate
Medium Rate level
Security measures
Advanced Measures level

Promotional events
Yes Presence
Loyalty program penetration
30.0 %
Digital signage presence
Yes Presence

Projected foot traffic growth
5.0 %
New tenant pipeline
Yes Presence
Mall expansion plans
Planned Status
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