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Available Space
Two major industrial park serves Nogales, with adequate
available space in each. The newer park is far from many worker living areas, which contributes
to a higher turnover rate than in communities of comparable size. A current survey of industrial
parks in Nogales, with a variety of site options, reveals the following average USD prices:
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Industrial Land Purchase Price
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$2.50 - $5.00 per square feet.
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New Construction or Build-to-Suit Costs
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$22.00 - $28.00 per square feet
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Lease Rates for Existing Industrial space (5yrs)
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$3.55 - $4.55 per square feet
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Refurbish, or Rebuild-to-Suit Costs
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$12.00 - $18.00 per square feet
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