Plaza Del Olmo — Stores, Map & Hours

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Brand Fit Snapshot

Best for:

Daily Essentials & GroceryNational ChainsQuick-Service DiningLocal ServicesValue & Discount Retail

Not ideal if:

Ultra-Luxury Positioning

Similar properties you might like:

Cosmopol Coacalco Cosmopol Plaza Power Center Coacalco

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Plaza del Olmo is a neighborhood shopping center situated at Av. 16 de Septiembre 52, in San Francisco Coacalco, State of Mexico, within the Mexico City metropolitan area. Coacalco de Berriozabal municipality has a population of around 356,000, with a growing middle to lower-middle class demographic, average household incomes of MXN 15,000-25,000 monthly, and a high proportion of young families. The property operates as a local convenience hub, likely featuring a tenant mix of small independent retailers, service providers such as pharmacies, beauty salons, and quick-service eateries, without major anchor stores based on available directories.

Its market position emphasizes everyday essentials over destination shopping, benefiting from dense residential surroundings and proximity to employment hubs in northern Mexico City.

Leasing advantages include affordable rents estimated at MXN 200-400 per square meter per month, lower than central Mexico City rates of MXN 500+, and stable occupancy supported by regional trends where suburban retail averages 94-98% occupancy per SiiLA and Colliers reports. Footfall is driven by local traffic, potentially 4,000-8,000 daily visitors, aided by good accessibility via avenues and public transport like Metrobus Line 1.

However, challenges include competition from larger nearby centers like Cosmopol (2 km away, with 100+ tenants) and Coacalco Power Center (98% occupancy, anchored by Walmart), which draw regional shoppers. Market saturation in food and apparel categories, combined with e-commerce growth projected at 16% CAGR through 2030, poses risks to non-essential retail. Infrastructure may show signs of age, with potential parking limitations and traffic congestion on main roads impacting operational efficiency.

National retail sales are forecasted to grow 6.5% in 2025 per ANTAD, bolstering local performance, but economic slowdowns could affect consumer spending in price-sensitive segments.

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Hours of Operation

Hours

Checking...

Monday	07:00 AM — 11:00 PM
Tuesday	07:00 AM — 11:00 PM
Wednesday	07:00 AM — 11:00 PM
Thursday	07:00 AM — 11:00 PM
Friday	07:00 AM — 11:00 PM
Saturday	07:00 AM — 11:00 PM
Sunday	07:00 AM — 11:00 PM

Holiday Hours

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

Av. 16 de Septiembre 52, Coacalco De Berriozábal, Mexico

Insights

Demographics and Footfall

Coacalco features a youthful demographic with 30% under 15 years old and significant commuter population to Mexico City, fostering demand for family-oriented and convenience retail. Footfall at neighborhood centers like Plaza del Olmo is estimated at 5,000-10,000 daily, supported by population density of over 10,000 per sq km in central areas. Strengths include consistent local traffic from residential zones, but weaknesses involve seasonal dips during holidays when shoppers migrate to bigger malls. Data from INEGI indicates 5.53% population growth since 2010, enhancing long-term potential, though reliance on walking and bus users limits peak-hour surges compared to car-dependent formats.

Competition and Tenant Mix

The tenant mix at Plaza del Olmo focuses on local services and small shops, contrasting with nearby Cosmopol's diverse anchors like Liverpool and Cinemex, which attract broader demographics. Regional occupancy rates exceed 95% for power centers, indicating strong demand but high competition in categories like fashion and electronics, where market reports note 3-4% growth vs. 7% for food. Risks include weak draw for premium brands due to income levels, and potential vacancies if larger malls expand. Balanced view: ideal for niche, community-focused tenants avoiding direct rivalry.

Lease Terms and Risks

Lease rates in Coacalco suburban retail range MXN 250-350 per sqm monthly for spaces under 200 sqm, with 3-5 year terms and 4-5% annual escalations per CPI. Advantages encompass low entry barriers and flexible negotiations for startups, per commercial real estate insights. Operational risks involve aging infrastructure common in local plazas, possibly requiring tenant-funded upgrades, and access challenges on Av. 16 de Septiembre amid traffic volumes of 20,000+ vehicles daily. Market factors like 0.6% economic growth in 2025 may pressure rents downward, but high absorption rates (up 20% YoY nationally) support stability for essential retail categories.