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Toreo Parque Central is a mixed-use development in Naucalpan de Juárez, State of Mexico, part of the Greater Mexico City area, opened in 2015 on the site of the former Toreo de Cuatro Caminos bullring. The retail component, Plaza Toreo, offers 90,000 square meters of gross leasable area across five levels, anchored by major tenants including the 20,000-square-meter Liverpool department store, Selecto Chedraui hypermarket, Sanborns junior department store and restaurant, H&M fashion retailer, and a Cinépolis multiplex cinema.
The broader complex spans 473,000 square meters, incorporating three AAA-grade office towers, a Fiesta Americana hotel, and entertainment facilities, enhancing synergy for retail traffic. In the competitive northwest Mexico City suburban market, it positions as a mid-to-upper-tier destination serving local residents and commuters, with annual footfall estimated at 10-12 million visitors drawn from Naucalpans 800,000-plus population and adjacent urban zones.
Tenant mix emphasizes fashion, groceries, dining, and leisure, with over 200 stores including brands like Tommy Hilfiger, Timberland, and Subway, balanced by local outlets. Occupancy stands at approximately 89-90 percent as of recent reports, reflecting stable demand amid post-pandemic recovery. Leasing opportunities feature base rents averaging 250-350 MXN per square meter monthly (about 15-20 USD per square foot annually), with percentage rent clauses tied to sales performance, offering flexibility for mid-sized retailers in categories like apparel and food services.
Advantages include integrated parking for 4,000 vehicles and proximity to business districts, though challenges involve traffic congestion on the Periférico highway and saturation from nearby malls. Market factors indicate moderate growth in retail sales per square meter, around 8,000-10,000 MXN annually, supported by regional economic activity in manufacturing and services.
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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 — 09:00 PM |
| Saturday | 11:00 AM — 09:00 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
Naucalpan de Juárez features a diverse demographic profile with a population exceeding 800,000, predominantly middle to upper-middle class families and young professionals aged 25-44, benefiting from proximity to Mexico Citys financial and industrial hubs. Household incomes average 15,000-25,000 MXN monthly, supporting discretionary spending on fashion and entertainment. Annual footfall at Toreo Parque Central reaches 10-12 million visitors, driven by local draw and events at the integrated auditorium, though conversion rates may vary due to browsing-heavy traffic patterns observed in suburban malls. This supports steady performance for experiential retail but highlights risks from economic fluctuations affecting consumer confidence in the region.
Competition and Market Risks
Toreo Parque Central faces intense competition from established nearby centers like Plaza Satélite (GLA 100,000 sqm, higher footfall) to the north and upscale Antara Polanco (3 km south), which attract premium shoppers with broader luxury offerings. Market saturation in the northwest corridor contributes to availability rates of 10-12 percent across similar properties, pressuring rent negotiations and tenant retention. Additional risks include vulnerability to e-commerce shifts reducing physical store traffic and regional economic slowdowns tied to manufacturing sector volatility, potentially impacting sales per square meter by 5-10 percent in downturns. Balanced tenant mix mitigates some category weaknesses, but food and beverage segments show higher turnover amid rising operational costs.
Accessibility and Operational Quality
Located adjacent to the Periférico ring road, Toreo Parque Central benefits from strong vehicular access for regional commuters, with 4,000 parking spaces and public transport links via nearby Metrobús lines, facilitating reach from Mexico Citys core in 20-30 minutes under optimal conditions. However, chronic traffic congestion in the area can extend travel times to 45-60 minutes during peak hours, deterring impulse visits. Operational quality is high, with modern infrastructure including energy-efficient systems and robust cellular coverage across 230,000 square meters, supporting seamless shopper experiences. Occupancy at 89.3 percent reflects effective management by Fibra Danhos, though aging elements in surrounding infrastructure pose minor maintenance risks, and lease terms often include CAM charges of 50-70 MXN per square meter annually for shared services.
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Naucalpan De Juárez
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