<turbo-stream action="replace" target="mall-map-wrapper"><template><div data-controller="map" data-lat="32.489808" data-lng="-116.8536123" data-map-catchment-data-value="{&quot;lat&quot;:&quot;32.489808&quot;,&quot;lng&quot;:&quot;-116.8536123&quot;,&quot;primary_radius&quot;:5.0,&quot;secondary_radius&quot;:15.0,&quot;population&quot;:350000}" data-map-demographic-summary-value="{&quot;Mall Demographics&quot;:[{&quot;label&quot;:&quot;Primary Catchment Area&quot;,&quot;value&quot;:&quot;5 km radius Kilometers&quot;,&quot;description&quot;:&quot;Core area serving the mall directly&quot;},{&quot;label&quot;:&quot;Secondary Catchment Area&quot;,&quot;value&quot;:&quot;20 km radius Kilometers&quot;,&quot;description&quot;:&quot;Extended area influencing visitors&quot;},{&quot;label&quot;:&quot;Catchment area population&quot;,&quot;value&quot;:&quot;350,000 People&quot;,&quot;description&quot;:&quot;Estimated population within primary catchment, based on similar CDMX malls like Plaza Marcelo&quot;},{&quot;label&quot;:&quot;Population growth rate&quot;,&quot;value&quot;:&quot;1.2&quot;,&quot;description&quot;:&quot;Annual growth in catchment area, aligned with urban Mexico trends&quot;},{&quot;label&quot;:&quot;Median age&quot;,&quot;value&quot;:&quot;32 Years&quot;,&quot;description&quot;:&quot;Typical age in middle-lower income CDMX neighborhoods&quot;},{&quot;label&quot;:&quot;Household size&quot;,&quot;value&quot;:&quot;3.5 People&quot;,&quot;description&quot;:&quot;Average household size in urban Mexico areas&quot;},{&quot;label&quot;:&quot;Education level (tertiary)&quot;,&quot;value&quot;:&quot;25.0&quot;,&quot;description&quot;:&quot;Percentage with tertiary education, estimated for local demographics&quot;}],&quot;Economic Indicators&quot;:[{&quot;label&quot;:&quot;Median household income&quot;,&quot;value&quot;:&quot;18,000 MXN/month&quot;,&quot;description&quot;:&quot;Average monthly income for middle-lower class in CDMX, per DataMexico insights&quot;},{&quot;label&quot;:&quot;Unemployment rate&quot;,&quot;value&quot;:&quot;3.5&quot;,&quot;description&quot;:&quot;Local rate, slightly above national 2.7% for urban areas&quot;},{&quot;label&quot;:&quot;Cost of living index&quot;,&quot;value&quot;:&quot;110 Index (100=average)&quot;,&quot;description&quot;:&quot;Adjusted for CDMX urban living costs&quot;}],&quot;Consumer Spending&quot;:[{&quot;label&quot;:&quot;Retail spending per capita&quot;,&quot;value&quot;:&quot;4,500 USD/year&quot;,&quot;description&quot;:&quot;Annual retail spend, based on Mexico averages adjusted for local income&quot;},{&quot;label&quot;:&quot;Spending on apparel&quot;,&quot;value&quot;:&quot;1,200 USD/year&quot;,&quot;description&quot;:&quot;Portion of retail spend on clothing, from national consumer data&quot;},{&quot;label&quot;:&quot;Spending on groceries&quot;,&quot;value&quot;:&quot;2,000 USD/year&quot;,&quot;description&quot;:&quot;Grocery expenditure per capita in urban households&quot;},{&quot;label&quot;:&quot;Spending on electronics&quot;,&quot;value&quot;:&quot;800 USD/year&quot;,&quot;description&quot;:&quot;Electronics spend, reflecting growing digital adoption&quot;}],&quot;Mall Traffic \u0026 Performance&quot;:[{&quot;label&quot;:&quot;Annual foot traffic&quot;,&quot;value&quot;:&quot;1,200,000 Visitors&quot;,&quot;description&quot;:&quot;Estimated yearly visitors, based on 100,000 monthly for similar malls&quot;},{&quot;label&quot;:&quot;Dwell time&quot;,&quot;value&quot;:&quot;90 Minutes&quot;,&quot;description&quot;:&quot;Average time spent per visit, typical for community malls&quot;},{&quot;label&quot;:&quot;Conversion rate&quot;,&quot;value&quot;:&quot;25.0&quot;,&quot;description&quot;:&quot;Percentage of visitors making purchases&quot;},{&quot;label&quot;:&quot;Sales per square meter&quot;,&quot;value&quot;:&quot;5,000 USD/year&quot;,&quot;description&quot;:&quot;Annual sales performance, estimated from Mexico retail benchmarks&quot;}],&quot;Competition \u0026 Tenant Mix&quot;:[{&quot;label&quot;:&quot;Number of retail stores&quot;,&quot;value&quot;:&quot;80 Stores&quot;,&quot;description&quot;:&quot;Total retail outlets, mid-sized mall estimate&quot;},{&quot;label&quot;:&quot;Anchor tenant presence&quot;,&quot;value&quot;:&quot;Yes Boolean&quot;,&quot;description&quot;:&quot;Presence of major anchors like Soriana or similar&quot;},{&quot;label&quot;:&quot;Competitor density (same category)&quot;,&quot;value&quot;:&quot;5 Malls/10km&quot;,&quot;description&quot;:&quot;Nearby competing malls in category&quot;},{&quot;label&quot;:&quot;Tenant diversity&quot;,&quot;value&quot;:&quot;Medium Scale&quot;,&quot;description&quot;:&quot;Balanced mix of national, local, and services&quot;},{&quot;label&quot;:&quot;Unique Concepts&quot;,&quot;value&quot;:&quot;10 Concepts&quot;,&quot;description&quot;:&quot;Specialty or innovative stores&quot;}],&quot;Real Estate \u0026 Leasing&quot;:[{&quot;label&quot;:&quot;Gross Leasable Area&quot;,&quot;value&quot;:&quot;1 sqm&quot;,&quot;description&quot;:&quot;Total leasable space, scaled from similar properties&quot;},{&quot;label&quot;:&quot;Number of Levels&quot;,&quot;value&quot;:&quot;2 Levels&quot;,&quot;description&quot;:&quot;Building floors for retail&quot;},{&quot;label&quot;:&quot;Average rent per square meter&quot;,&quot;value&quot;:&quot;350 USD/year&quot;,&quot;description&quot;:&quot;Annual rent rate, per Occupi data for comparable malls&quot;},{&quot;label&quot;:&quot;Vacancy rate&quot;,&quot;value&quot;:&quot;7.0&quot;,&quot;description&quot;:&quot;Current unoccupied space percentage&quot;},{&quot;label&quot;:&quot;Lease term flexibility&quot;,&quot;value&quot;:&quot;High Scale&quot;,&quot;description&quot;:&quot;Flexible terms for tenants, common in Mexico&quot;},{&quot;label&quot;:&quot;Available retail space&quot;,&quot;value&quot;:&quot;1,500 sqm&quot;,&quot;description&quot;:&quot;Current open space for leasing&quot;}],&quot;Accessibility \u0026 Infrastructure&quot;:[{&quot;label&quot;:&quot;Proximity to main roads&quot;,&quot;value&quot;:&quot;Direct access Meters&quot;,&quot;description&quot;:&quot;Adjacent to primary avenues in CDMX&quot;},{&quot;label&quot;:&quot;Public transport access&quot;,&quot;value&quot;:&quot;Good Scale&quot;,&quot;description&quot;:&quot;Near Metro Line 5, 1.5 km to station&quot;},{&quot;label&quot;:&quot;Parking spaces&quot;,&quot;value&quot;:&quot;600 Spots&quot;,&quot;description&quot;:&quot;On-site parking capacity&quot;},{&quot;label&quot;:&quot;Pedestrian traffic&quot;,&quot;value&quot;:&quot;High Scale&quot;,&quot;description&quot;:&quot;Strong foot access from local neighborhoods&quot;}],&quot;Digital \u0026 E-commerce Trends&quot;:[{&quot;label&quot;:&quot;E-commerce competition&quot;,&quot;value&quot;:&quot;High Scale&quot;,&quot;description&quot;:&quot;15.8% of retail via e-com in Mexico&quot;},{&quot;label&quot;:&quot;Click-and-collect adoption&quot;,&quot;value&quot;:&quot;30.0&quot;,&quot;description&quot;:&quot;Adoption rate for in-mall pickups&quot;},{&quot;label&quot;:&quot;Internet penetration&quot;,&quot;value&quot;:&quot;85.0&quot;,&quot;description&quot;:&quot;Local household internet access&quot;}],&quot;Safety \u0026 Security&quot;:[{&quot;label&quot;:&quot;Retail crime rate&quot;,&quot;value&quot;:&quot;Low Scale&quot;,&quot;description&quot;:&quot;Petty crime managed, per general mall security&quot;},{&quot;label&quot;:&quot;Security measures&quot;,&quot;value&quot;:&quot;CCTV and guards Features&quot;,&quot;description&quot;:&quot;Standard 24/7 surveillance and personnel&quot;}],&quot;Marketing \u0026 Events&quot;:[{&quot;label&quot;:&quot;Promotional events&quot;,&quot;value&quot;:&quot;20 Events/year&quot;,&quot;description&quot;:&quot;Annual marketing activities&quot;},{&quot;label&quot;:&quot;Loyalty program penetration&quot;,&quot;value&quot;:&quot;40.0&quot;,&quot;description&quot;:&quot;Visitor enrollment in programs&quot;},{&quot;label&quot;:&quot;Digital signage presence&quot;,&quot;value&quot;:&quot;Yes Boolean&quot;,&quot;description&quot;:&quot;Modern digital displays throughout&quot;}],&quot;Growth Potential&quot;:[{&quot;label&quot;:&quot;Projected foot traffic growth&quot;,&quot;value&quot;:&quot;2.0&quot;,&quot;description&quot;:&quot;Expected increase amid recovery&quot;},{&quot;label&quot;:&quot;New tenant pipeline&quot;,&quot;value&quot;:&quot;15 Tenants&quot;,&quot;description&quot;:&quot;Upcoming leases in pipeline&quot;},{&quot;label&quot;:&quot;Mall expansion plans&quot;,&quot;value&quot;:&quot;Minor refurbishment Plans&quot;,&quot;description&quot;:&quot;Planned updates, no major expansion&quot;}]}" data-map-mapbox-token-value="pk.eyJ1Ijoib2NjdXBpIiwiYSI6ImNtZXFkdHZwczBtNjIya215OWVpaGtucXoifQ.xiNo8HmyyKim2YrJ3LdqdQ" data-map-nearby-malls-value="{&quot;primary&quot;:[{&quot;id&quot;:3222,&quot;slug&quot;:&quot;plaza-las-fuentes&quot;,&quot;name&quot;:&quot;Plaza Las Fuentes&quot;,&quot;lat&quot;:&quot;32.45528&quot;,&quot;lng&quot;:&quot;-116.83278&quot;,&quot;property_type&quot;:&quot;Community&quot;,&quot;description&quot;:&quot;Plaza Las Fuentes is a community shopping center located at Blvd. El Refugio 25420 in the Colonia Florido neighborhood of Tijuana, Baja California, Mexico, with a gross leasable area of 45,000 square meters across 2 levels, built in 2009 and privately owned. It serves middle- and lower-income residential areas in El Florido, benefiting from Tijuana&#39;s population exceeding 1.9 million as of 2020, with a 23% growth since 2010 and annual rate of 1.2%. The primary catchment area within 5 km has moderate density, while the secondary 20 km radius covers 1.2 million people. The tenant mix includes approximately 85 stores, anchored by Soriana supermarket, Coppel, and Elektra department stores, focusing on everyday essentials: groceries, apparel, electronics, automotive (AutoZone), pet supplies, dollar stores (Waldos), and services like banks (Banorte, BBVA), gyms (Balance Gym \u0026 Fitness), dental clinics (Dental DaVinci), and telecom (Telcel, Movistar). Dining options feature fast-casual spots such as Little Caesars Pizza, Sushi Kazoku, Burrotes Sonora, and local eateries like Moralitos Restaurant. Operational quality is functional for neighborhood retail, with 1,800 parking spaces, 24-hour security, and amenities supporting daily visits. Market position emphasizes convenience for value-conscious consumers in suburban growth areas, with average monthly footfall of 8,333 (2.5 million annually) driven by necessities rather than events, dwell time of 90 minutes, 25% conversion rate, and sales per square meter of 15,000 MXN yearly. Occupancy stands at 90-95%, aligning with Mexico&#39;s 93% national average in 2024, with 8% vacancy and 3,500 sqm available. Rent levels range 15-25 USD per sqm monthly (800 MXN average), below central mall rates of 30-50 USD, under triple-net structures with 3-5 year terms and 5-10% annual escalations. Leasing advantages include stable demand from population growth, lower costs for small-format retailers, diverse mix fostering synergies, and resilience post-2023 economic recovery, though challenges involve economic volatility from U.S. border trade, traffic congestion, and limited impulse buying due to no major events.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Tijuana&quot;},&quot;anchor_tenants&quot;:&quot;Soriana, Coppel, Elektra&quot;,&quot;distance&quot;:4.31,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;85&quot;,&quot;gla_sqm&quot;:&quot;15000&quot;,&quot;anchor_tenants&quot;:&quot;Soriana, Coppel, Elektra&quot;}},{&quot;id&quot;:8343,&quot;slug&quot;:&quot;plaza-virreyes&quot;,&quot;name&quot;:&quot;Plaza Virreyes&quot;,&quot;lat&quot;:&quot;32.4599952&quot;,&quot;lng&quot;:&quot;-116.8896633&quot;,&quot;property_type&quot;:&quot;Shopping Centre&quot;,&quot;description&quot;:&quot;Plaza Virreyes is a neighborhood shopping center in the El Florido district of Tijuana, Baja California, Mexico, catering to local middle- and lower-income residents. The property features approximately 25-30 retail units focused on affordable essentials, including clothing outlets, shoe stores, toy shops, small grocery outlets, and casual dining options. Tenant mix emphasizes budget brands and local vendors, with regular promotions such as 10% discounts on select days to drive traffic. In Tijuana&#39;s competitive retail landscape, with over 20 centers and a density of 3 per 100,000 residents, Plaza Virreyes holds a position as a convenient local hub rather than a destination mall. Occupancy hovers around 90%, reflecting stable demand in residential areas. Rent levels range from 15 to 25 USD per square meter monthly, lower than premium sites like Plaza Río (45-60 USD/sqm), with typical 3-5 year leases including 4-6% annual escalations based on inflation. Accessibility via Blvd. Josefa Ortiz de Dominguez provides good local connectivity, though citywide traffic and public transit limitations pose drawbacks. The surrounding demographic includes about 50,000 residents with median household incomes of 800-1,200 USD monthly, a young population (median age 28), and employment in manufacturing and services, boosted by nearshoring. Leasing advantages encompass cost-effective entry for small retailers, community loyalty, and lower operational risks in a growing metro area of 2.3 million. Potential challenges involve high competition from e-commerce (capturing 15% of retail sales), category saturation in apparel and groceries, and economic sensitivity to US border dynamics.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Tijuana&quot;},&quot;anchor_tenants&quot;:&quot;Local Supermarket, Clothing Stores&quot;,&quot;distance&quot;:4.74,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;120&quot;,&quot;gla_sqm&quot;:&quot;4000&quot;,&quot;anchor_tenants&quot;:&quot;Local Supermarket, Clothing Stores&quot;}},{&quot;id&quot;:6097,&quot;slug&quot;:&quot;parque-las-fuentes&quot;,&quot;name&quot;:&quot;Parque Las Fuentes&quot;,&quot;lat&quot;:&quot;32.4721831&quot;,&quot;lng&quot;:&quot;-116.8500008&quot;,&quot;property_type&quot;:&quot;Community&quot;,&quot;description&quot;:&quot;Parque Las Fuentes is a community-oriented open-air shopping center located at Boulevard El Refugio in the Colonia Florido neighborhood of Tijuana, Baja California, Mexico. Spanning approximately 100,000 square meters with around 50 tenants, it serves as a local hub for daily shopping needs in a suburban area. The tenant mix emphasizes essential retail, anchored by Soriana supermarket, alongside apparel and electronics from Coppel and Elektra, automotive services at AutoZone, quick-service dining like Little Caesars Pizza, and discount variety at Waldo&#39;s. This configuration supports steady local traffic rather than destination shopping. In Tijuana&#39;s retail landscape, which includes over 20 shopping centers, Parque Las Fuentes holds a secondary market position, benefiting from proximity to residential zones in a city of 1.9 million residents influenced by cross-border dynamics with San Diego. Leasing advantages include relatively affordable rents estimated at 15-25 USD per square meter monthly, below prime urban rates of 30-40 USD, and high stability with national retail occupancy averaging 93% in 2024 per market reports. However, the center faces challenges from economic fluctuations tied to U.S.-Mexico trade and occasional security issues in the region, potentially impacting consumer confidence. Footfall is driven by neighborhood demographics, primarily middle- to lower-income families with average household incomes around 10,000-15,000 MXN monthly, focusing on value-oriented purchases. Accessibility via major boulevards is adequate, but limited public transit and parking constraints during peaks could hinder growth. Overall, it offers practical leasing for resilient categories like groceries and services, though retailers should assess synergies with existing anchors to counter saturation in apparel and electronics across Tijuana&#39;s fragmented market.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Tijuana&quot;},&quot;anchor_tenants&quot;:&quot;Soriana, Coppel, Elektra&quot;,&quot;distance&quot;:1.99,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;85&quot;,&quot;gla_sqm&quot;:&quot;45000&quot;,&quot;anchor_tenants&quot;:&quot;Soriana, Coppel, Elektra&quot;}},{&quot;id&quot;:1706,&quot;slug&quot;:&quot;plaza-sendero-tijuana&quot;,&quot;name&quot;:&quot;Plaza Sendero Tijuana&quot;,&quot;lat&quot;:&quot;32.45471&quot;,&quot;lng&quot;:&quot;-116.837585&quot;,&quot;property_type&quot;:&quot;Regional&quot;,&quot;description&quot;:&quot;Plaza Sendero Tijuana is an open-air power center on the eastern outskirts of Tijuana, Baja California, Mexico, at Carretera Libre Tijuana - Tecate Km. 20.5, intersecting major roads like Boulevard 2000. Developed in 2016, it spans 39,203 square meters of gross leasable area across 2 levels, with 1,500 parking spaces supporting high vehicle traffic from nearby residential zones and commuters. The tenant mix comprises over 100 stores, anchored by Casa Ley supermarket, Suburbia department store, Coppel for electronics and apparel, Woolworth variety, and Cinépolis cinema, complemented by specialties such as H\u0026M fashion, Miniso accessories, and quick-service dining like Carl&#39;s Jr. This balanced portfolio fosters cross-shopping, with family-oriented offerings driving dwell times of 90 minutes and 25% conversion rates. Occupancy is robust at 97%, vacancy at 1%, reflecting operational stability. Average monthly footfall reaches 5,166 visitors, equating to 6 million annually, with 2% projected growth, primarily from essential grocery and leisure visits. Rents average 500 MXN per square meter monthly (range 400-600), yielding sales of 8,000 MXN per square meter monthly. Accessibility excels via arterial highways but features medium public transport and low pedestrian access. Serving a primary catchment of 500,000 in a 2.2 million metro area, it targets middle-income demographics with median household income of 18,000 MXN and young median age of 29. In Tijuana&#39;s retail market, forecasted for 4.5% CAGR growth through 2028, Plaza Sendero occupies a value-driven niche amid 5 malls per million residents, benefiting from population expansion at 1.6% but facing e-commerce competition (80% internet penetration) and trade volatility. Leasing advantages include affordable rates, stable traffic, and low vacancy risks, though suburban positioning may limit premium tenant appeal compared to central competitors.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Tijuana&quot;},&quot;anchor_tenants&quot;:&quot;Ley, Cinépolis, Suburbia, Coppel&quot;,&quot;distance&quot;:4.18,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;200&quot;,&quot;gla_sqm&quot;:&quot;39203&quot;,&quot;anchor_tenants&quot;:&quot;Ley, Cinépolis, Suburbia, Coppel&quot;}}],&quot;secondary&quot;:[{&quot;id&quot;:6103,&quot;slug&quot;:&quot;plaza-calafia&quot;,&quot;name&quot;:&quot;Plaza Calafia&quot;,&quot;lat&quot;:&quot;32.4812159&quot;,&quot;lng&quot;:&quot;-116.9965213&quot;,&quot;property_type&quot;:&quot;Neighborhood&quot;,&quot;description&quot;:&quot;Plaza Calafia is a neighborhood strip mall located on Boulevard Agua Caliente in Tijuana, Baja California, serving the local residential and commercial areas near the city center. Opened in the late 20th century, it features approximately 20-30 units in an open-air format, with a total gross leasable area estimated at 10,000-15,000 square meters based on similar Tijuana strip centers. The tenant mix includes a variety of small to medium-sized retailers and services: about 40% retail such as clothing stores, shoe shops, and specialty outlets like The Cheese House; 30% food and beverage options including ice cream parlors like Ice Cream Delights and quick-service eateries; 20% personal services such as spas, beauty salons, and professional offices; and 10% convenience like OXXO for daily essentials. Occupancy rates hover around 85-90%, aligning with Tijuana&#39;s average for neighborhood centers per 2023 CBRE Mexico reports, supported by steady local demand. Footfall is moderate, estimated at 5,000-8,000 visitors daily, driven by proximity to residential zones and easy access via major roads, though it lacks the high tourist traffic of border malls. Rent levels are competitive at 15-25 USD per square meter monthly, lower than enclosed malls like Plaza Rio Tijuana (30-50 USD), offering cost-effective entry for emerging retailers. Accessibility is strong with ample surface parking for 100+ vehicles and public bus routes nearby, including lines to Zona Norte and the border. The surrounding demographics feature a middle-income population of 200,000 within a 5-km radius, with a median age of 28 and household income averaging 12,000 USD annually per INEGI 2020 census data, favoring value-oriented shopping. Market position is solid in the local segment but faces saturation from larger competitors; leasing advantages include flexible short-term leases (1-3 years) and lower operating costs due to simple infrastructure. Potential challenges encompass aging facades requiring maintenance, competition from e-commerce and nearby big-box stores, and occasional border crossing delays impacting cross-border shoppers. Overall, it suits budget-conscious tenants targeting everyday needs in a stable urban environment.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Tijuana&quot;},&quot;anchor_tenants&quot;:&quot;Local clothing stores, ice cream parlors&quot;,&quot;distance&quot;:13.44,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;120&quot;,&quot;gla_sqm&quot;:&quot;4000&quot;,&quot;anchor_tenants&quot;:&quot;Local clothing stores, ice cream parlors&quot;}},{&quot;id&quot;:8062,&quot;slug&quot;:&quot;cinco-y-diez&quot;,&quot;name&quot;:&quot;Cinco Y Diez&quot;,&quot;lat&quot;:&quot;32.4980887&quot;,&quot;lng&quot;:&quot;-116.9657645&quot;,&quot;property_type&quot;:&quot;Shopping Centre&quot;,&quot;description&quot;:&quot;Cinco y Diez functions as both a retail district and shopping center situated at a key intersection in La Mesa borough, Tijuana, Baja California, Mexico, with a total area of approximately 1,582 square meters across two levels. Established around a historic five-and-dime store, it has developed into a bustling commercial hub emphasizing affordable shopping options. The tenant mix comprises diverse small and medium-sized retailers, including clothing stores, variety shops, electronics outlets, household goods vendors, and quick-service eateries, appealing to value-driven consumers. In Tijuana&#39;s competitive retail market, valued at over 2 billion USD annually, Cinco y Diez holds a niche position as a traditional bargain destination, contrasting with upscale malls. Leasing opportunities benefit from strategic location near major transit routes, supporting estimated annual footfall of 8-10 million visitors. Occupancy stands at 85-90 percent, with rent levels ranging from 15-25 USD per square meter per year, lower than premium centers like Plaza Río. The surrounding demographic includes over 500,000 residents in a 5 km radius, featuring young professionals and families with average household incomes of 8,000-12,000 MXN monthly. Accessibility is enhanced by public transportation integration, though challenges arise from traffic congestion and proximity to border crossings, which can impact cross-border shopper influx. Overall, it offers practical leasing for retailers targeting local middle-income segments amid a market influenced by US tourism and maquiladora employment.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Tijuana&quot;},&quot;anchor_tenants&quot;:&quot;Ley Supermarket, Coppel&quot;,&quot;distance&quot;:10.56,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;150&quot;,&quot;gla_sqm&quot;:&quot;12000&quot;,&quot;anchor_tenants&quot;:&quot;Ley Supermarket, Coppel&quot;}},{&quot;id&quot;:2039,&quot;slug&quot;:&quot;plaza-carrousel&quot;,&quot;name&quot;:&quot;Plaza Carrousel&quot;,&quot;lat&quot;:&quot;32.49678&quot;,&quot;lng&quot;:&quot;-116.95929&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Plaza Carrousel, established in 1990 in Tijuana&#39;s La Mesa borough at Blvd. Diaz Ordaz 15602, is a 25,000 sqm GLA neighborhood mall with 60 stores over two levels. Anchors include Sears, Soriana supermarket, Cinepolis, and Sanborns, with tenant mix focused on groceries (25-30%), apparel (20-25%), and services. It draws from a 500,000-person 5km radius with 2% annual growth, average age 29, household size 3.5. Occupancy is 85-90%, rents $25-35/sqm/month for inline spaces with 3-5 year leases and 5-7% escalations. Footfall: 4-7k daily weekdays, 10k weekends, 4M annually. Amenities: carousel, 2,000 parking spots. In Tijuana&#39;s retail sector (93% national occupancy, 3.77% CAGR), it offers stable local traffic but contends with traffic congestion, aging infrastructure, and rivals like Plaza Rio. Advantages: affordable rents, family appeal; drawbacks: market saturation, e-commerce shift.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Tijuana&quot;},&quot;anchor_tenants&quot;:&quot;Sears, Soriana, Sanborns, Cinepolis&quot;,&quot;distance&quot;:9.94,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;120&quot;,&quot;gla_sqm&quot;:&quot;50000&quot;,&quot;anchor_tenants&quot;:&quot;Sears, Soriana, Sanborns, Cinepolis&quot;}},{&quot;id&quot;:1721,&quot;slug&quot;:&quot;the-shoppes-at-otay&quot;,&quot;name&quot;:&quot;The Shoppes At Otay&quot;,&quot;lat&quot;:&quot;32.535&quot;,&quot;lng&quot;:&quot;-116.975&quot;,&quot;property_type&quot;:&quot;Mixed-Use&quot;,&quot;description&quot;:&quot;The Shoppes at Otay is an open-air retail center in the Otay district of Tijuana, Baja California, Mexico, situated near Tijuana International Airport and the US border crossing at Otay Mesa. Developed in the mid-2010s, it covers about 45,000 square meters and hosts around 70 tenants, emphasizing a balanced mix of local and international brands. Key tenants include fashion outlets like Vickys World Fashion and Etcetera Accesorios, office retailer Office Depot, specialty stores such as Tijuana I Love 664 and El Closet, and dining venues including McCarthy&#39;s and La Chime. The property serves a demographic of middle-income families, industrial workers from nearby maquiladoras, and cross-border shoppers from San Diego. Its market position benefits from the Otays industrial growth and airport proximity, contributing to estimated monthly footfall of 450,000 visitors. Occupancy hovers at 88-92 percent according to regional commercial reports, supported by proactive management. Leasing opportunities feature rents of $13-17 USD per square meter monthly, with terms allowing co-tenancy clauses and promotional assistance. Accessibility is strong via Federal Highway 2 and public transport, though border delays pose occasional challenges. Drawbacks include competition from established centers like Plaza Rio Tijuana and Las Americas Premium Outlets, potential economic slowdowns impacting spending, and aging parking infrastructure amid rising vehicle traffic. Overall, it offers solid performance for retailers targeting bilingual, value-oriented consumers in a binational market.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Tijuana&quot;},&quot;anchor_tenants&quot;:&quot;Cinemex, Office Depot, Toks, Parisina, Sirloin Stockade, Waldo&#39;s, Pizza Hut&quot;,&quot;distance&quot;:12.44,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;65&quot;,&quot;gla_sqm&quot;:&quot;30000&quot;,&quot;anchor_tenants&quot;:&quot;Cinemex, Office Depot, Toks, Parisina, Sirloin Stockade, Waldo&#39;s, Pizza Hut&quot;}},{&quot;id&quot;:1701,&quot;slug&quot;:&quot;plaza-la-patrulla&quot;,&quot;name&quot;:&quot;Plaza La Patrulla&quot;,&quot;lat&quot;:&quot;32.5015&quot;,&quot;lng&quot;:&quot;-117.0036&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Plaza La Patrulla is a mid-sized neighborhood shopping center located in the Zona Norte district of Tijuana, Baja California, Mexico, established in 2005 with a gross leasable area of about 45,000 square meters. It caters primarily to local residents in surrounding middle-income neighborhoods, featuring a diverse tenant mix that includes anchor tenants such as a Soriana supermarket, local apparel stores like Coppel and Elektra, fast-casual dining options including Subway and local taquerias, and service-oriented businesses like pharmacies and banks. The centers market position is as a convenient daily shopping destination rather than a regional draw, with footfall estimated at 5,000-7,000 visitors per day on weekdays, peaking to 10,000 on weekends, supported by its accessibility via Avenida Constitucion and local bus lines. Occupancy levels hover around 82-88% as of recent commercial real estate reports, reflecting steady demand but occasional vacancies in non-essential retail spaces. Average asking rents are approximately $14-16 USD per square foot per year, competitive for the submarket but lower than premium malls like Plaza Rio Tijuana. Leasing advantages encompass flexible space configurations for small-format retailers (500-2,000 sq ft units), minimal upfront costs with no personal guarantees for established chains, and promotional support through center-wide marketing. However, drawbacks include exposure to economic fluctuations from cross-border trade dynamics, where U.S. economic slowdowns reduce local spending power. The tenant mix emphasizes value-oriented categories, which strengthens resilience in recessions but limits high-margin opportunities in fashion or electronics. Demographic profile draws from a 3-5 mile radius population of over 150,000, with median household income equivalent to $22,000 USD, 60% families with children under 18, and a mix of Mexican nationals and binational workers. Operational quality is adequate, with 24/7 security and routine maintenance, though infrastructure shows signs of wear from high-traffic use. Potential risks involve increasing competition from e-commerce and nearby strip centers, alongside access challenges during rush hours on major thoroughfares. Overall, it offers balanced prospects for tenants seeking stable, community-focused locations amid Tijuanas retail landscape, which saw 4% sales growth in 2024 per ICSC reports.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Tijuana&quot;},&quot;anchor_tenants&quot;:&quot;Liverpool, Walmart, Cinemex&quot;,&quot;distance&quot;:14.13,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;85&quot;,&quot;gla_sqm&quot;:&quot;40000&quot;,&quot;anchor_tenants&quot;:&quot;Liverpool, Walmart, Cinemex&quot;}},{&quot;id&quot;:4565,&quot;slug&quot;:&quot;plaza-ximena&quot;,&quot;name&quot;:&quot;Plaza Ximena&quot;,&quot;lat&quot;:&quot;32.512&quot;,&quot;lng&quot;:&quot;-117.005&quot;,&quot;property_type&quot;:&quot;Neighborhood&quot;,&quot;description&quot;:&quot;Plaza Ximena is a neighborhood-oriented shopping center situated at Boulevard Gustavo Díaz Ordaz 13601 in the La Mesa neighborhood of Tijuana, Baja California, Mexico. This compact retail plaza caters to local residents with a diverse tenant mix that includes convenience stores, casual dining options, sports apparel retailers such as Xolos Tienda Oficial, photography services like Kodak Macroplaza outlets, and various small businesses including clothing and accessory shops. Spanning approximately 5,000 square meters, it operates as a strip-style center with on-site parking and pedestrian access. Tijuana&#39;s retail landscape, bolstered by a metropolitan population of over 2.3 million as of 2024 and strong cross-border economic ties to San Diego, provides a supportive environment for such properties, with overall retail occupancy rates exceeding 95% according to Colliers International reports. Footfall benefits from proximity to Estadio Caliente stadium, approximately 1.25 km away, drawing event-driven crowds of up to 27,000 attendees, while daily traffic along the bustling Díaz Ordaz corridor averages 50,000 vehicles. Accessibility is enhanced by nearby bus routes, including the CENTRO-5Y10 line, facilitating reach to middle-income demographics in La Mesa and adjacent areas. Leasing opportunities appeal to small-format retailers seeking affordable entry into Tijuana&#39;s market, with average rents for neighborhood centers ranging from MXN 200 to 350 per square meter per month, per Newmark data. The tenant composition emphasizes everyday essentials and local services, avoiding heavy reliance on luxury or big-box anchors, which mitigates some saturation risks but exposes it to competition from e-commerce and larger malls like Plaza Río Tijuana. Market factors include Tijuana&#39;s manufacturing-driven economy, contributing to GDP growth of 3-4% annually, yet vulnerabilities arise from U.S. trade fluctuations and urban congestion. Operational quality is standard for the segment, with no major infrastructure issues reported, though maintenance could vary. Potential challenges encompass category weaknesses in non-essential retail amid 2025 economic moderation, where rents may stabilize or dip slightly as forecasted by local agents. Overall, Plaza Ximena offers practical positioning for lessees targeting consistent local traffic in a dynamic border city.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Tijuana&quot;},&quot;anchor_tenants&quot;:&quot;Local Retailers&quot;,&quot;distance&quot;:14.41,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;15&quot;,&quot;gla_sqm&quot;:&quot;4000&quot;,&quot;anchor_tenants&quot;:&quot;Local Retailers&quot;}},{&quot;id&quot;:5508,&quot;slug&quot;:&quot;plaza-monarca&quot;,&quot;name&quot;:&quot;Plaza Monarca&quot;,&quot;lat&quot;:&quot;32.4997095&quot;,&quot;lng&quot;:&quot;-116.9201869&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Plaza Monarca is a mid-sized shopping center located in the El Lago neighborhood of Tijuana, Baja California, at Blvd. Manuel J. Clouthier #5561. Opened as a modern retail destination, it spans approximately 42 stores, emphasizing everyday necessities, family entertainment, and casual dining. The tenant mix features principal national chains in self-service groceries, furniture outlets, apparel, and restaurants, catering to local residents in a maquiladora-influenced economy. Tijuana&#39;s retail market, per 2024 reports, maintains 88-95% occupancy across suburban properties, with average rents of 15-25 USD per square meter monthly, lower than prime urban locations due to secondary positioning. Footfall benefits from residential proximity, estimated at steady daily traffic for essentials rather than event-driven peaks, supporting value-oriented leasing. Accessibility is moderate via major boulevards connecting to the city center and U.S. border (about 15 km away), with ample parking but reliance on personal vehicles amid limited public transit. Demographic profile includes a young population (median age 28) with median household incomes of 8,000-12,000 MXN monthly, focusing on middle-lower segments in manufacturing and services. Strengths include stable operational quality and synergistic tenant composition enhancing cross-shopping; drawbacks involve competition from larger venues like Plaza Rio Tijuana, category saturation in groceries and apparel, potential access congestion, and economic sensitivity to cross-border trade fluctuations. Overall, it provides balanced opportunities for small-to-medium retailers seeking consistent local traffic without high rents.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Tijuana&quot;},&quot;anchor_tenants&quot;:&quot;Soriana, Cinepolis&quot;,&quot;distance&quot;:6.34,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;60&quot;,&quot;gla_sqm&quot;:&quot;20000&quot;,&quot;anchor_tenants&quot;:&quot;Soriana, Cinepolis&quot;}},{&quot;id&quot;:7880,&quot;slug&quot;:&quot;plaza-comercial-san-javier&quot;,&quot;name&quot;:&quot;Plaza Comercial San Javier&quot;,&quot;lat&quot;:&quot;32.5033907&quot;,&quot;lng&quot;:&quot;-116.9899632&quot;,&quot;property_type&quot;:&quot;Shopping Centre&quot;,&quot;description&quot;:&quot;Plaza Comercial San Javier is a modest neighborhood commercial center situated in the Mision San Javier area within Tijuana&#39;s Zona Urbana Rio Tijuana district. Developed as a local shopping hub, it spans about 10,000 square meters with around 25-30 retail units, emphasizing convenience and essential goods over luxury or entertainment options. The tenant mix includes anchor stores like a local supermarket, pharmacy, basic apparel shops, a few fast-casual eateries, and service providers such as banks and clinics. Occupancy rates hover at 85-95%, supported by consistent demand from nearby residents. Accessibility is facilitated by its location on Mision San Javier street, with easy car access via major roads like Blvd. Agua Caliente, public bus lines, and on-site parking for over 100 vehicles. In Tijuana&#39;s dynamic retail landscape, characterized by cross-border shopping influences and a population exceeding 1.8 million, this plaza holds a niche position serving everyday needs rather than competing with high-traffic tourist destinations like Plaza Rio or Plaza Peninsula. Rent levels are affordable, typically ranging from 15 to 25 USD per square meter monthly, appealing to small independent operators. The demographic profile features middle-income households with average incomes of 800-1,200 USD monthly, primarily families aged 25-54. Operational quality is functional, though infrastructure shows signs of moderate wear from the 1990s build era. Leasing advantages include lower entry costs and stable local patronage, but drawbacks encompass limited footfall growth potential and competition from e-commerce and larger formats. Market factors such as Tijuana&#39;s 5-7% annual retail growth, driven by maquiladora employment, bolster performance, yet risks from economic border dependencies and category saturation in groceries persist.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Tijuana&quot;},&quot;anchor_tenants&quot;:&quot;D&#39;Volada, Local Retailers&quot;,&quot;distance&quot;:12.88,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;40&quot;,&quot;gla_sqm&quot;:&quot;4000&quot;,&quot;anchor_tenants&quot;:&quot;D&#39;Volada, Local Retailers&quot;}},{&quot;id&quot;:2983,&quot;slug&quot;:&quot;plaza-san-diego&quot;,&quot;name&quot;:&quot;Plaza San Diego&quot;,&quot;lat&quot;:&quot;32.515&quot;,&quot;lng&quot;:&quot;-117.01&quot;,&quot;property_type&quot;:&quot;Neighborhood&quot;,&quot;description&quot;:&quot;Plaza San Diego is a neighborhood shopping center in Tijuana, Baja California, positioned near residential areas and approximately 5 km from the US-Mexico border. Developed in the late 1990s, it covers about 40,000 square meters with around 50 tenants, focusing on everyday retail needs. The tenant mix comprises 40% essentials such as supermarkets and pharmacies (e.g., Soriana, Farmacias Similares), 30% apparel and accessories from local and international brands like Pull\u0026Bear and Levi&#39;s, 20% dining outlets including fast-casual Mexican eateries and chains like Subway, and 10% services like banks and salons. As of 2024 market reports, occupancy is at 88%, with inline rents ranging from $18-28 per square meter monthly, lower than central malls due to its suburban location. Footfall estimates 8,000-12,000 daily visitors, driven by local families and occasional cross-border shoppers from San Diego seeking affordable goods. Accessibility via Via Rápida Poniente and local buses is convenient, though peak-hour traffic and border delays can hinder flow. In the broader Tijuana retail market, valued at over $2 billion annually, the center holds a stable position in the community retail segment, benefiting from the city&#39;s population growth to 2.2 million and maquiladora-driven economy. Leasing advantages include short-term flexible leases for pop-ups and percentage rent options tied to sales, appealing to small retailers. Drawbacks encompass moderate demographic spending power, with average household income around $15,000 USD equivalent, and vulnerability to economic slowdowns from US-Mexico trade tensions. Competition from larger regional malls risks diluting traffic, while aging infrastructure in common areas requires ongoing capex. Overall, it suits value-oriented tenants targeting local loyalty over high-end tourism.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Tijuana&quot;},&quot;anchor_tenants&quot;:&quot;Liverpool, Cinemex&quot;,&quot;distance&quot;:14.93,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;60&quot;,&quot;gla_sqm&quot;:&quot;12000&quot;,&quot;anchor_tenants&quot;:&quot;Liverpool, Cinemex&quot;}},{&quot;id&quot;:5106,&quot;slug&quot;:&quot;plaza-papalote&quot;,&quot;name&quot;:&quot;Plaza Papalote&quot;,&quot;lat&quot;:&quot;32.4953214&quot;,&quot;lng&quot;:&quot;-116.9310985&quot;,&quot;property_type&quot;:&quot;Neighborhood&quot;,&quot;description&quot;:&quot;Plaza Papalote is a neighborhood commercial plaza located at Avenida de los Insurgentes in the Rio Tijuana 3ra Etapa area of Tijuana, Baja California, with a total constructed area of approximately 4,390 square meters. This property serves local residents in a middle-income suburban neighborhood, featuring a mix of small retail outlets, fast-food establishments, and service-oriented tenants. Known tenants include Little Caesars for quick-service dining, Protein Shop for health supplements, and various local businesses such as Dax and other specialty stores, alongside banking services. The tenant mix emphasizes convenience retail, with a focus on everyday needs rather than luxury or entertainment options. Tijuana&#39;s retail market benefits from its border proximity to San Diego, driving cross-border shopping, but Plaza Papalote primarily draws from the local population of around 200,000 in the surrounding zones, characterized by working-class families employed in maquiladoras and services. Accessibility is favorable via Boulevard Insurgentes, a major arterial road connecting to key highways like Mexico Federal Highway 2, though traffic congestion during peak hours poses challenges. Market reports indicate Tijuana&#39;s overall retail occupancy at about 85-90% in suburban plazas, with average footfall for similar properties estimated at 5,000-7,000 daily visitors, lower than central malls like Plaza Rio Tijuana which see over 20,000. Rent levels range from $14-18 USD per square foot annually, competitive for small spaces but sensitive to economic fluctuations from U.S.-Mexico trade dynamics. Strengths include stable local demand and low operational costs, while drawbacks encompass limited draw from tourists, competition from larger anchors, and potential infrastructure aging in a 20+ year-old development. The plaza&#39;s position in a growing residential area supports steady performance, but saturation in convenience categories and e-commerce growth (25% of retail sales in Tijuana) pressure non-essential tenants. Leasing advantages involve flexible terms for small-format retailers, with opportunities in underserved niches like fitness and quick eats, balanced against risks from border-related volatility and regional economic slowdowns.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Tijuana&quot;},&quot;anchor_tenants&quot;:&quot;Calimax, DAX&quot;,&quot;distance&quot;:7.29,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;25&quot;,&quot;gla_sqm&quot;:&quot;4000&quot;,&quot;anchor_tenants&quot;:&quot;Calimax, DAX&quot;}}],&quot;outside&quot;:[{&quot;id&quot;:8065,&quot;slug&quot;:&quot;plaza-paloma&quot;,&quot;name&quot;:&quot;Plaza Paloma&quot;,&quot;lat&quot;:&quot;32.5233284&quot;,&quot;lng&quot;:&quot;-117.0229875&quot;,&quot;property_type&quot;:&quot;Neighborhood&quot;,&quot;description&quot;:&quot;Plaza Paloma is a small-scale commercial development situated at Río Colorado 9480 in the Marron neighborhood of Tijuana, Baja California, Mexico. Established in recent years, it functions as a neighborhood plaza emphasizing food and beverage outlets alongside limited retail spaces. The tenant mix primarily consists of casual dining establishments, coffee shops such as Ma Tea, and boutique services, targeting everyday needs of local residents. With an estimated gross leasable area under 5,000 square meters, it positions itself as a community hub rather than a regional shopping destination. Tijuana&#39;s retail sector, influenced by its border proximity to San Diego, experiences robust footfall from domestic consumers, with neighborhood centers like this maintaining occupancy rates of 75-85 percent according to local market reports. Average monthly rents hover between 15 and 25 USD per square meter, providing affordability for emerging businesses. Accessibility is facilitated by Río Colorado avenue, connecting to the bustling Zona Rio district about 5 kilometers away, though public transport options remain limited. Demographic drivers include middle-income households in Marron, a residential area with over 100,000 inhabitants featuring young families and professionals. Leasing advantages encompass short-term flexible agreements, low entry barriers, and opportunities for pop-up events to build traffic. Drawbacks involve intense competition from established malls like Plaza Río Tijuana, which boasts higher footfall exceeding 10,000 daily visitors and diverse anchors. Potential risks include aging local infrastructure, seasonal fluctuations in consumer spending due to economic ties with the US, and saturation in the food category, where over 50 percent of spaces are allocated. Operational quality is moderate, with ample parking but occasional access issues during peak hours. Overall, it suits tenants seeking localized presence without high overheads, though growth may be constrained by lack of major draws.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Tijuana&quot;},&quot;anchor_tenants&quot;:&quot;Amore Cafe Italiano, Local Boutiques, Poke Shops&quot;,&quot;distance&quot;:16.31,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;20&quot;,&quot;gla_sqm&quot;:&quot;4000&quot;,&quot;anchor_tenants&quot;:&quot;Amore Cafe Italiano, Local Boutiques, Poke Shops&quot;}},{&quot;id&quot;:6146,&quot;slug&quot;:&quot;plaza-pavilion&quot;,&quot;name&quot;:&quot;Plaza Pavilion&quot;,&quot;lat&quot;:&quot;32.5304866&quot;,&quot;lng&quot;:&quot;-117.026437&quot;,&quot;property_type&quot;:&quot;Shopping Centre&quot;,&quot;description&quot;:&quot;Plaza Pavilion is a mid-sized shopping center at Paseo de los Héroes 9111 in Zona Urbana Río Tijuana, Baja California, covering 10,000 square meters with 15,000 sqm Gross Leasable Area over 2 levels. Positioned in a prime commercial district near the US border, it enjoys high visibility on a major avenue. Tenant mix includes 25 stores with over 9 anchors like Sanborns, emphasizing fashion, electronics, quick-service dining, and local boutiques. Occupancy is around 85%, matching Tijuana retail averages of 85-90%. Rents range 380-500 MXN per sqm monthly plus VAT, higher than peripheral malls but competitive for location, with 100-234 sqm spaces available, ground floors at premium for visibility. Footfall reaches 750,000-2 million visitors yearly, supported by central access and events. Market position is mid-tier, targeting young adults (median age 28-30) with middle-class incomes (12,500-15,000 USD annually) in a 1.2 million population 5km radius, growing 1.5% yearly. Leasing advantages feature 3-5 year terms, 200-500 parking spaces, security, and border proximity boosting cross-border shoppers. Operational quality is solid with 12 annual events drawing 40% customers, though sensitive to trade fluctuations.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Tijuana&quot;},&quot;anchor_tenants&quot;:&quot;&quot;,&quot;distance&quot;:16.83,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;120&quot;,&quot;gla_sqm&quot;:&quot;8000&quot;,&quot;anchor_tenants&quot;:&quot;&quot;}},{&quot;id&quot;:7767,&quot;slug&quot;:&quot;plaza-norte-tijuana&quot;,&quot;name&quot;:&quot;Plaza Norte Tijuana&quot;,&quot;lat&quot;:&quot;32.5363106&quot;,&quot;lng&quot;:&quot;-117.0405896&quot;,&quot;property_type&quot;:&quot;Neighborhood&quot;,&quot;description&quot;:&quot;Plaza Norte Tijuana is a neighborhood shopping center situated in the northern residential districts of Tijuana, Baja California, Mexico, targeting local communities in areas such as Hipodromo and San Fernando. Developed in the early 2000s, it spans about 25,000 square meters of gross leasable area across a single level, functioning as a convenience hub for daily essentials rather than a regional destination. The tenant mix comprises anchor tenants like a supermarket (Soriana or equivalent), pharmacies (Farmacias Similares), value apparel outlets (Coppel, Suburbia), electronics (Elektra), and basic services including banks and auto parts stores, with around 60-70 units total and a small food court featuring fast-casual Mexican and American chains. Occupancy stands at approximately 90%, aligning with secondary market averages in Tijuana but below prime locations at 93-95%, per 2024 commercial real estate reports from sources like Newmark and NAI Mexico. Rent levels range from 20-30 USD per square meter monthly on a triple-net basis, competitive for the zone and lower than central malls like Plaza Rio at 25-40 USD, appealing to budget-conscious operators. Footfall estimates 5,000-10,000 daily visitors, equating to 300,000-400,000 monthly, drawn mainly from a 5 km radius catchment of over 200,000 residents with median household income of 12,000-18,000 USD, average age 29, and high density (3.5 persons per household) fueled by maquiladora employment. Accessibility benefits from proximity to Blvd. Insurgentes and local bus routes, with 800 parking spaces, though peak-hour congestion near industrial parks reduces efficiency by 15-20 minutes. Market positioning leverages Tijuana&#39;s 1.9 million population and 1.5% annual growth, plus spillover from San Diego cross-border shoppers, but faces headwinds from e-commerce growth at 18% yearly and 20+ competing centers. Leasing advantages encompass flexible 3-5 year terms, 2-4 months free rent incentives, and stable local traffic for grocery/apparel sales averaging 400-600 USD per sq ft annually. Drawbacks include limited tourist draw, aging infrastructure requiring maintenance, category saturation in essentials, and economic risks from US-Mexico trade dynamics, with vacancy trends at 7-10% in northern suburbs according to Baja California retail analyses. Overall, it supports resilient performance for essential retailers amid Tijuana&#39;s 4% retail sales growth in 2024, yet demands careful assessment of competition from larger venues like Plaza Rio Tijuana and Las Americas Outlets.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Tijuana&quot;},&quot;anchor_tenants&quot;:&quot;Local boutiques&quot;,&quot;distance&quot;:18.28,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;100&quot;,&quot;gla_sqm&quot;:&quot;4000&quot;,&quot;anchor_tenants&quot;:&quot;Local boutiques&quot;}},{&quot;id&quot;:4564,&quot;slug&quot;:&quot;vega-plaza&quot;,&quot;name&quot;:&quot;Vega Plaza&quot;,&quot;lat&quot;:&quot;32.531&quot;,&quot;lng&quot;:&quot;-117.018&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Vega Plaza is a mid-sized shopping center located in the Zona Norte area of Tijuana, Baja California, spanning approximately 150,000 square feet with a focus on everyday retail and services. Opened in the early 2000s, it serves local residents in a densely populated urban neighborhood near industrial zones. The property features a mix of national and local tenants, including supermarkets, pharmacies, clothing stores, and fast-food outlets, with an occupancy rate hovering around 85-90% as per recent commercial real estate reports from CBRE Mexico. Footfall averages 5,000-7,000 daily visitors, driven by proximity to maquiladora workers and residential communities, though it experiences peaks during weekends and paydays. Rent levels are competitive at $15-25 per square foot annually, lower than premium malls like Plaza Rio Tijuana, making it attractive for value-oriented retailers. Accessibility is supported by major roads like Boulevard Sanchez Taboada, but parking is limited to 400 spaces, and public transit options are adequate via local buses. The tenant mix emphasizes essentials over luxury, with anchors like a Soriana supermarket drawing steady traffic. Market position is solid in the secondary retail segment, benefiting from Tijuana&#39;s cross-border economy and population growth of 2.5% annually, yet faces risks from economic fluctuations tied to U.S. manufacturing and increasing e-commerce penetration. Demographic profile includes middle to lower-income families, with average household income of $8,000-12,000 USD equivalent, and a young median age of 28. Operational quality is average, with some aging infrastructure noted in maintenance reports, but recent renovations have improved appeal. Leasing advantages include flexible terms and lower entry barriers compared to larger centers, though competition from nearby informal markets and larger plazas poses challenges to sales performance. Overall, it offers stable but not high-growth potential for retailers targeting local consumers in a border city context influenced by NAFTA/USMCA trade dynamics.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Tijuana&quot;},&quot;anchor_tenants&quot;:&quot;Liverpool, Walmart, Cinemex&quot;,&quot;distance&quot;:16.08,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;100&quot;,&quot;gla_sqm&quot;:&quot;35000&quot;,&quot;anchor_tenants&quot;:&quot;Liverpool, Walmart, Cinemex&quot;}},{&quot;id&quot;:2051,&quot;slug&quot;:&quot;plaza-constitucion&quot;,&quot;name&quot;:&quot;Plaza Constitución&quot;,&quot;lat&quot;:&quot;32.53012&quot;,&quot;lng&quot;:&quot;-117.03798&quot;,&quot;property_type&quot;:&quot;Shopping Centre&quot;,&quot;description&quot;:&quot;Plaza Constitución is an open-air retail plaza located in Tijuana&#39;s Zona Centro, along Avenida Constitución, a key commercial artery in the historic downtown district. Established in the mid-20th century and revitalized in recent years, the property covers about 10,000 square meters of retail space, primarily ground-level storefronts integrated into the urban fabric. It positions itself as a neighborhood and tourist-oriented venue, drawing from the city&#39;s proximity to the US border, just 1.5 km from the San Ysidro Port of Entry. Tenant mix comprises a blend of local independents and small chains, including pharmacies like Farmacias Similares, apparel stores, electronics outlets, souvenir vendors, and casual dining options such as taquerias and fast-food kiosks, with limited anchor tenants but emphasis on high-turnover categories. Occupancy stands at approximately 88% as of 2025, per Baja California commercial real estate data, reflecting steady demand despite economic pressures. Rent levels range from $12 to $18 per square meter monthly, offering affordability compared to upscale malls, with leasing advantages including short-term flexibility for pop-ups and prominent street frontage boosting visibility. The plaza benefits from Tijuana&#39;s retail market growth, projected at 4.5% CAGR through 2030 driven by cross-border shopping, yet faces drawbacks like seasonal dips in footfall during off-peak tourist periods and competition from e-commerce. Surrounding demographics include a 250,000-resident urban core with median household income of MXN 9,500, augmented by 2.5 million annual US visitors seeking bargains and cultural experiences. Operational quality is fair, with improved lighting and pedestrian pathways from 2023 revitalization, though aging facades and limited parking (about 100 spaces) present challenges. Overall, it suits budget-conscious retailers targeting impulse buys in a high-traffic, multicultural setting.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Tijuana&quot;},&quot;anchor_tenants&quot;:&quot;Local retailers, Bodega&quot;,&quot;distance&quot;:17.86,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;200&quot;,&quot;gla_sqm&quot;:&quot;8000&quot;,&quot;anchor_tenants&quot;:&quot;Local retailers, Bodega&quot;}},{&quot;id&quot;:2538,&quot;slug&quot;:&quot;plaza-rio-tijuana&quot;,&quot;name&quot;:&quot;Plaza Río Tijuana&quot;,&quot;lat&quot;:&quot;32.528333&quot;,&quot;lng&quot;:&quot;-117.019722&quot;,&quot;property_type&quot;:&quot;Regional&quot;,&quot;description&quot;:&quot;Plaza Río Tijuana, located at Av. Paseo de los Héroes No. 96 y 98 in the Zona Río business district of Tijuana, Baja California, Mexico, is an open-air shopping center opened in 1981 with a gross leasable area of approximately 73,579 square meters. As the first large American-style mall in the city, it shifted retail focus from downtown Tijuana and remains a key regional destination. The property features anchor tenants including Soriana supermarket, Sears department store, and Cinépolis cinema, alongside a diverse tenant mix of fashion retailers, electronics stores, dining options, and services. It offers 2,500 parking spaces and benefits from high accessibility via major avenues and proximity to the Tijuana Cultural Center. Market position is strong in a city of over 1.9 million residents, with cross-border shopping from San Diego adding to visitor traffic; Tijuana retail vacancy averages 5-7% per commercial reports, and this mall maintains high occupancy around 95%. Footfall is estimated at several million annually, driven by local middle-class demographics (median age 28, household income averaging $15,000 USD) and tourism. Leasing advantages include established brand visibility and stable foot traffic, but drawbacks involve aging infrastructure from 1980s construction, increasing maintenance costs, and competition from newer developments like Plaza Sendero and The Shoppes at Otay. Rent levels range from $25-40 USD per square meter monthly for inline spaces, influenced by border economy fluctuations and nearshoring growth boosting regional retail sales by 8-10% yearly per Cushman \u0026 Wakefield reports. Operational quality is solid with modernized common areas, though some visitors note needs for updated family amenities and sustainable retail options. Overall, it suits retailers targeting everyday essentials and mid-tier fashion in a saturated yet resilient market.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Tijuana&quot;},&quot;anchor_tenants&quot;:&quot;Soriana, Sears, Cinépolis&quot;,&quot;distance&quot;:16.15,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;133&quot;,&quot;gla_sqm&quot;:&quot;60000&quot;,&quot;anchor_tenants&quot;:&quot;Soriana, Sears, Cinépolis&quot;}}]}" data-map-update-url-value="/malls/plaza-ma-calles" id="mall-map-wrapper"><div data-city="Tijuana" data-current-mall="true" data-id="plaza-ma-calles" data-lat="32.489808" data-lng="-116.8536123" data-map-target="mall" data-name="Plaza Ma. Calles" style="display: none;"></div><div data-map-target="map" id="map"></div><div class="demographic-panel collapsed" data-map-target="demographicPanel"><div class="panel-header"><h4><i aria-hidden="true" class="ri-bar-chart-line"></i> Market Demographics</h4><button class="toggle-btn" onclick="this.parentElement.parentElement.classList.toggle(&quot;collapsed&quot;)"><i aria-hidden="true" class="ri-arrow-down-s-line"></i></button></div><div class="panel-content"><div class="stats-category"><h5>Mall Demographics</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">5 km radius Kilometers</div><div class="stat-label">Primary Catchment Area</div></div><div class="stat-card"><div class="stat-value">20 km radius Kilometers</div><div class="stat-label">Secondary Catchment Area</div></div><div class="stat-card"><div class="stat-value">350,000 People</div><div class="stat-label">Catchment area population</div></div><div class="stat-card"><div class="stat-value">1.2</div><div class="stat-label">Population growth rate</div></div></div></div><div class="stats-category"><h5>Economic Indicators</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">18,000 MXN/month</div><div class="stat-label">Median household income</div></div><div class="stat-card"><div class="stat-value">3.5</div><div class="stat-label">Unemployment rate</div></div><div class="stat-card"><div class="stat-value">110 Index (100=average)</div><div class="stat-label">Cost of living index</div></div></div></div><div class="stats-category"><h5>Consumer Spending</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">4,500 USD/year</div><div class="stat-label">Retail spending per capita</div></div><div class="stat-card"><div class="stat-value">1,200 USD/year</div><div class="stat-label">Spending on apparel</div></div><div class="stat-card"><div class="stat-value">2,000 USD/year</div><div class="stat-label">Spending on groceries</div></div><div class="stat-card"><div class="stat-value">800 USD/year</div><div class="stat-label">Spending on electronics</div></div></div></div><div class="stats-category"><h5>Mall Traffic &amp; Performance</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">1,200,000 Visitors</div><div class="stat-label">Annual foot traffic</div></div><div class="stat-card"><div class="stat-value">90 Minutes</div><div class="stat-label">Dwell time</div></div><div class="stat-card"><div class="stat-value">25.0</div><div class="stat-label">Conversion rate</div></div><div class="stat-card"><div class="stat-value">5,000 USD/year</div><div class="stat-label">Sales per square meter</div></div></div></div><div class="stats-category"><h5>Competition &amp; Tenant Mix</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">80 Stores</div><div class="stat-label">Number of retail stores</div></div><div class="stat-card"><div class="stat-value">Yes Boolean</div><div class="stat-label">Anchor tenant presence</div></div><div class="stat-card"><div class="stat-value">5 Malls/10km</div><div class="stat-label">Competitor density (same category)</div></div><div class="stat-card"><div class="stat-value">Medium Scale</div><div class="stat-label">Tenant diversity</div></div></div></div><div class="stats-category"><h5>Real Estate &amp; Leasing</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">1 sqm</div><div class="stat-label">Gross Leasable Area</div></div><div class="stat-card"><div class="stat-value">2 Levels</div><div class="stat-label">Number of Levels</div></div><div class="stat-card"><div class="stat-value">350 USD/year</div><div class="stat-label">Average rent per square meter</div></div><div class="stat-card"><div class="stat-value">7.0</div><div class="stat-label">Vacancy rate</div></div></div></div><div class="stats-category"><h5>Accessibility &amp; Infrastructure</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">Direct access Meters</div><div class="stat-label">Proximity to main roads</div></div><div class="stat-card"><div class="stat-value">Good Scale</div><div class="stat-label">Public transport access</div></div><div class="stat-card"><div class="stat-value">600 Spots</div><div class="stat-label">Parking spaces</div></div><div class="stat-card"><div class="stat-value">High Scale</div><div class="stat-label">Pedestrian traffic</div></div></div></div><div class="stats-category"><h5>Digital &amp; E-commerce Trends</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">High Scale</div><div class="stat-label">E-commerce competition</div></div><div class="stat-card"><div class="stat-value">30.0</div><div class="stat-label">Click-and-collect adoption</div></div><div class="stat-card"><div class="stat-value">85.0</div><div class="stat-label">Internet penetration</div></div></div></div><div class="stats-category"><h5>Safety &amp; Security</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">Low Scale</div><div class="stat-label">Retail crime rate</div></div><div class="stat-card"><div class="stat-value">CCTV and guards Features</div><div class="stat-label">Security measures</div></div></div></div><div class="stats-category"><h5>Marketing &amp; Events</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">20 Events/year</div><div class="stat-label">Promotional events</div></div><div class="stat-card"><div class="stat-value">40.0</div><div class="stat-label">Loyalty program penetration</div></div><div class="stat-card"><div class="stat-value">Yes Boolean</div><div class="stat-label">Digital signage presence</div></div></div></div><div class="stats-category"><h5>Growth Potential</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">2.0</div><div class="stat-label">Projected foot traffic growth</div></div><div class="stat-card"><div class="stat-value">15 Tenants</div><div class="stat-label">New tenant pipeline</div></div><div class="stat-card"><div class="stat-value">Minor refurbishment Plans</div><div class="stat-label">Mall expansion plans</div></div></div></div></div></div></div></template></turbo-stream>