Paseo Acoxpa Photo Gallery

Tlalpan borough features a population exceeding 700,000, with a median age of 32 years and household incomes averaging MXN 18,000 to 25,000 monthly, supporting family-focused retail categories like apparel and entertainment. Paseo Acoxpa draws from this middle-class base in Coapa, a residential enclave, positioning it as a convenient local hub rather than a tourist draw. Market reports indicate southern Mexico City retail vacancy at 8-10%, with Paseo Acoxpas regional focus yielding consistent performance amid broader e-commerce pressures.

The centers diverse tenant composition includes 40% fashion and department stores, 20% entertainment and leisure, 20% food and beverage, and 20% services and specialty retail, promoting synergistic sales. Anchors like Palacio de Hierro and Cinépolis anchor traffic, while smaller chains fill niche spaces. Occupancy stands at approximately 95%, per industry benchmarks for similar open-air formats, reflecting robust leasing demand and low turnover in a market with limited new supply since 2015.

Located on Calzada Acoxpa with Metrobus access and proximity to Periferico highway, the center offers ample parking for 2,000 vehicles but contends with peak-hour congestion reducing impulse visits. Rent averages 25-35 USD psf annually, competitive for the submarket, aiding profitability for value-oriented tenants. Risks include intense local competition from Galerias Coapa and potential infrastructure aging, alongside economic sensitivity in a city where retail sales growth slowed to 2.5% in 2023 due to inflation.