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Plaza Acoxpa is an open-air shopping center in Tlalpan borough, Mexico City, opened in 2010 with 56,000 square meters of gross leasable area. Positioned as a neighborhood retail hub in the Ex-Hacienda Coapa area, it serves southern Mexicos residential communities.
Tenant mix comprises 40% fashion and department stores, 20% entertainment including Cinépolis theater, 20% food and beverage with casual dining and food court, and 20% services like banks near Hospital Angeles Acoxpa. Occupancy hovers at 92-95%, matching Mexico Citys 93% average. Annual footfall reaches about 1.2 million visitors, mainly local families. Rents range 25-35 USD per square foot yearly, competitive for mid-tier tenants seeking community access.
Accessibility via Calzada Acoxpa offers good road links, public transit proximity, and 1,500 parking spaces. However, southern Mexico City shows mall saturation, with competitors like Galerías Coapa (95% occupancy, 1.5 million visitors) and Gran Terraza Coapa drawing similar demographics. Sales per square foot average 400-500 USD, pressured by e-commerce and local markets. Demographics feature middle to upper-middle class households earning 15,000-30,000 MXN monthly, favoring value-oriented retail.
Operational aspects include modern design with sailcloth roofing for light and ventilation, though heavy rains pose minor disruptions.
Leasing advantages encompass flexible terms for smaller footprints (500-2,000 sq ft), aiding emerging brands in a stable but competitive submarket.
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Hours of Operation
Hours
| Monday | 11:00 AM — 09:00 PM |
| Tuesday | 11:00 AM — 09:00 PM |
| Wednesday | 11:00 AM — 09:00 PM |
| Thursday | 11:00 AM — 09:00 PM |
| Friday | 11:00 AM — 09:30 PM |
| Saturday | 11:00 AM — 09:30 PM |
| Sunday | 11:00 AM — 09:00 PM |
Hours may vary on public holidays. Check with individual stores for specific holiday schedules.
Insights
Demographics and Footfall
Catchment area covers Coapa neighborhoods with middle-class families, average household size 4, incomes 20,000-40,000 MXN monthly. Annual footfall of 1.2 million supports consistent traffic, peaking weekends at 10,000 daily visitors. Proximity to UNAM influences young adult presence, boosting entertainment categories, but overall volumes lag larger malls by 20-30%, reflecting suburban residential focus over tourist draw.
Tenant Mix and Occupancy
Balanced mix anchors with fashion outlets and Cinépolis 4DX theater drive 60% of traffic. Occupancy at 94% indicates strong demand, exceeding submarket in services but trailing in luxury due to demographics. About 95 stores include chains like Liverpool, P.F. Changs, and local eateries, fostering synergy, though food and beverage category shows 15% vacancy risk from post-pandemic shifts.
Competition and Risks
Intense rivalry from Galerías Coapa (15-min walk) and Perisur erodes 10-15% potential sales. Lease terms feature 25-35 USD psf base rent plus 5-7 USD psf CAM, 5-year terms with 5% annual escalations. Risks include infrastructure wear from open design and market saturation, with retail vacancy rates in Tlalpan at 7%, higher than citys 4%. Accessibility aids but traffic congestion on Calzada Acoxpa adds operational challenges.
Building Details
Detailed Market Analytics
City Snapshot
Mexico City, CMX
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Interested in this property?
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City Snapshot
Mexico City, CMX
Comprehensive market intelligence for retail expansion in this city
