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10120 128th Street E Puyallup, WA 98373

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For Sale
$2,250,000

Single tenant investment property in Puyallup with long-term tenant.

Type:Retail
Property size:
5,375 SF
Lot size:
0.77 Acres
Added:
Mar 6, 2026
Days on Market:
26
Last Refresh:
Mar 25 at 10:36 pm

Property Features for 10120 128th Street E

General Information

Standard status
Active
Size
5,375 SF
Lot size
0.77 Acres
Property subtype
Retail

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Listing Contact
Dean Altaras

Listing agent Dean Altaras

Listing office NAI PUGET SOUND PROPERTIES

Listing date Mar 6, 2026

Source Nai-psp

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of NAI PUGET SOUND PROPERTIES


Overview

Puyallup Single Tenant Investment Property

This single tenant investment property is located in Puyallup, a city with a population exceeding 40,000. The 5,375 square foot building sits on a 33,401 square foot lot. The property benefits from a high visibility location with substantial pylon signage and traffic volume of 44,000 vehicles per day on SR 161 / Meridian E. It features full access to 128th Street E and Meridian E at a signalized intersection. There are 21 parking stalls, plus one designated handicap stall. A graveled storage yard is located on the south side of the property. The property is situated in a strong retail trade area surrounded by national and regional tenants. A recent 5-year lease extension illustrates the tenant’s long-term commitment to this location. The property is near the Washington State Fairgrounds and the historic district. The roof was recently replaced in 2023. The property is for sale with a CAP Rate of 6.7%.
Location Intelligence

Current Use by Public Records

Aqua Quip (Bike/Boat/Book/etc) Store

Suggested Use

Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Puyallup
County
Pierce
State
Washington
Longitude
-122.295
Latitude
47.1399

FAQs

What type of property is this?
Retail space - Single tenant investment property in Puyallup with long-term tenant.
Where is this retail space located?
The property is located at 10120 128th Street E Puyallup, WA.
What is the asking price?
The asking price for this property is $2,250,000.
What are key features of this property?
This property features: Established, long‑term tenant in place with a recent 5‑year lease extension.; High visibility location with substantial pylon signage and 44,000 VPD on SR 161 / Meridian E.; Attractive 6.7% CAP Rate.
More about this property
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