Phenomenal investment opportunity to own the coveted El Alamo Plaza, a well-established retail and office commercial center located on a huge 2.06-acrelot in the heart of downtown Nogales! Located approximately 0.45 of a mile north of the international border, the plaza can be accessed by heading south on. Grand Avenue (on way to Mexico) or by heading north on N. Arroyo Blvd (as leave Mexico). The property comprises 21 income producing units spread out over 37,482 square feet boasting 16 retail spaces, one big box retail, three office spaces, and one stand-alone hub. Established tenants include O'Reilly Auto Parts, Buffalo Exchange, PostNet Postal Service, Anda Laundry Mat, Dorado Staffing Services, Futuro Insurance, Medicare Community Resource Center, Lorigo Construction, (see more...) Nueva Cosecha Ministries, Larriva Corporation, Smoke Emporium, Water Mill Express, and Geo's Nails, among others. O'Reilly Auto Parts lease is good through March 31st, 2024, with a four five-year option in place at a 5% increase and has exercised the lease through March of 2029. There is no landlord responsibility under agreement with O'Reilly Auto Parts! Additionally, O'Reilly Auto Parts covers 40% of the annual property taxes and 40% of the plaza's utilities! Buffalo Exchange is under a lease agreement through January 31st, 2026. Water Mill Express is a stand-alone hub under a lease agreement through October 31st, 2026. All occupied remaining units on month-to-month lease agreements. Income figures presented are based on 2022 actual figures. Rents are below market and have room to be increased!
Great business opportunity! Convenient location in Nogales on Highway 82. Perfect to use as a dry warehouse with plenty of storage. This sturdy concrete wall building has approximately 11,800 sq. ft of warehouse space and 20 ft ceiling. It is in a 1.32-acre parcel and zoned general commercial. It is equipped with 2 ramps/2 docks, one concrete extension used as a staging area for product audits, a hydraulic base concrete area, and office space. Recently completed some renovations including the roof.
Commercial Building for Sale in the business district near the border in Nogales, AZ, nearby the intersection of W. Crawford St. and N. Grand Avenue. Includes 6 Retail Rental Units, opportunity for business development with 2 units available currently along city street with generous side-walks in high foot traffic area. Excellent retail/business opportunity, call to arrange your tour. Bonus feature, second full level space, open from east to west building walls, above rental units over 6,000 square feet, locked door stair-step access from Unit A and along Grand Ave. Total 17,813 Square Feet/ Assessor, Building and Rental Units. With a visit, Seller open to discussing more details on the property and financing terms.
Nogales is located in Arizona. Nogales, Arizona has a population of 20,233. Nogales is less family-centric than the surrounding county with 30.38% of the households containing married families with children. The county average for households married with children is 33.38%.
The median household income in Nogales, Arizona is $28,264. The median household income for the surrounding county is $39,630 compared to the national median of $57,652. The median age of people living in Nogales is 33.7 years.
The average high temperature in July is 93.5 degrees, with an average low temperature in January of 34 degrees. The average rainfall is approximately 18.1 inches per year, with 0.6 inches of snow per year.