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Department Store AnchorsHypermarket TrafficCinema & LeisureNational ChainsPremium Dining & Lifestyle

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Ultra-Luxury PositioningBudget BrandsSmall Format Retail

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Plaza La Cúspide, also known as La Cúspide Sky Mall, is a mid-sized shopping center located at Avenida Lomas Verdes 1200 in the Boulevares neighborhood of Naucalpan de Juárez, Estado de México. Positioned in the affluent Lomas Verdes area on an elevated site offering panoramic city views, it serves as a community retail hub in the northwest Mexico City metropolitan zone. The property features over 90 stores across categories including groceries, apparel, dining, entertainment, and services, with key anchors such as Walmart, Sam"s Club, and a VIP cinema drawing consistent traffic.

Tenant mix emphasizes everyday essentials and casual dining, supplemented by national brands in fashion and accessories, though it lacks high-end luxury outlets.

Market position reflects moderate performance in a competitive landscape dominated by larger regional malls like Plaza Satélite and Plaza Toreo, benefiting from proximity to a 10-km catchment of over 800,000 residents with middle to upper-middle incomes.

Leasing advantages include flexible spaces for smaller retailers, pet-friendly policies, and exposure to Sam"s Club-generated footfall, estimated indirectly through anchor traffic amid Mexico"s retail sector growth at 3.77% CAGR to 2030. However, challenges persist with partial occupancy, reported maintenance issues like potholed parking and unclean facilities, and vulnerability to regional traffic congestion on access routes such as Anillo Periférico.

Rent levels align with Class A malls at approximately 500-700 MXN per square meter monthly, but sales per square foot may lag due to market saturation and economic sensitivity in non-essential categories.

Operational quality is average, with strengths in scenic appeal and family-oriented amenities, but risks from aging infrastructure and competition from modernized rivals could impact long-term viability for new tenants.

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Hours of Operation

Hours

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Monday10:00 AM — 08:00 PM
Tuesday10:00 AM — 08:00 PM
Wednesday10:00 AM — 08:00 PM
Thursday10:00 AM — 08:00 PM
Friday10:00 AM — 08:00 PM
Saturday11:00 AM — 09:00 PM
Sunday11:00 AM — 08:00 PM
Holiday Hours

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

Avenida Lomas Verdes 1200, Naucalpan De Juárez, Mexico

Insights

Demographics and Footfall

Naucalpan de Juárez supports a population of around 834,000, with a balanced gender split of 51.8% women and 48.2% men, primarily comprising middle to upper-middle income households and young professionals aged 25-54. The local demographic profile favors value-oriented shopping, driving steady demand for grocery anchors like Sam"s Club and Walmart, which generate primary footfall. While specific metrics for Plaza La Cúspide are unavailable, regional super malls report 10-12 million annual visitors, suggesting moderate traffic here reliant on anchor pull rather than destination events. This supports reliable but not exceptional performance for essential retail categories, though impulse buys may be limited by economic fluctuations affecting discretionary spending.

Tenant Mix and Occupancy

The tenant mix at Plaza La Cúspide includes over 90 outlets focused on autoservicio (grocery), alimentos (food), apparel, restaurants, banks, entertainment, and automotriz services, anchored by Walmart and Sam"s Club alongside chains like Petco and a VIP cinema. Occupancy hovers below full capacity, with reports indicating unfilled spaces despite survival through anchor traffic, contrasting regional averages of 87-92% for similar properties. This presents opportunities for new entrants in underserved niches but highlights risks of weak draw in fashion and luxury segments amid category saturation. Leasing terms offer competitive rents of 500-700 MXN/sqm/month, suitable for mid-tier operators seeking affordable entry into the Lomas Verdes market.

Accessibility and Competition

Elevated positioning provides scenic advantages and spacious parking, though access via Anillo Periférico faces peak-hour congestion, potentially deterring spontaneous visits. Proximity to major highways aids regional draw, but internal issues like potholes and poor maintenance reduce operational appeal. Competition is intense from nearby giants like Plaza Satélite (76,803 sqm GLA, 87% occupancy) and Plaza Toreo (70,000 sqm, 90% occupancy), which boast superior infrastructure and mixed-use synergies, fragmenting market share in northwest Mexico City. Risks include traffic-related access barriers and saturation, pressuring non-unique tenants, while strengths lie in community convenience for local demographics.

Building Details

Property Type
Regional
Gross Leasable Area
30,000
Year Built
2007
Parking Spaces
2000
Average Monthly Footfall
416,667
Owner
Private Owner
Anchor Tenants
Walmart, Cinépolis VIP, Sam's Club

Detailed Market Analytics

Primary Catchment Area
5 km radius
Secondary Catchment Area
10-20 km radius
Catchment area population
300,000 People
Population growth rate
1.2 %
Median age
32 Years
Household size
3.5 Persons per household
Education level (tertiary)
25.0 %

Median household income
15,000 MXN per month
Unemployment rate
3.5 %
Cost of living index
45 Index (NYC=100)

Retail spending per capita
2,650 USD per year
Spending on apparel
207 USD per year
Spending on groceries
3,460 USD per year
Spending on electronics
200 USD per year

Annual foot traffic
5,000,000 Visitors
Dwell time
60 Minutes
Conversion rate
25.0 %
Sales per square meter
12,000 MXN per year

Number of retail stores
100 Stores
Anchor tenant presence
Yes
Competitor density (same category)
Medium
Tenant diversity
High
Unique Concepts
Pet-friendly design, scenic views

Gross Leasable Area
30,000 sqm
Number of Levels
3 Levels
Average rent per square meter
500 MXN per month
Vacancy rate
5.0 %
Lease term flexibility
Standard 3-5 years
Available retail space
2,000 sqm

Proximity to main roads
Adjacent
Public transport access
Yes, near Metro Cuatro Caminos
Parking spaces
2,000 Spaces
Pedestrian traffic
High

E-commerce competition
High
Click-and-collect adoption
20.0 %
Internet penetration
83.0 %

Retail crime rate
Average
Security measures
CCTV, guards, patrols

Promotional events
Yes, seasonal and weekly
Loyalty program penetration
30.0 %
Digital signage presence
Yes

Projected foot traffic growth
3.0 %
New tenant pipeline
Ongoing
Mall expansion plans
nan
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