Puyallup Single Tenant Investment
10120 128th Street E, Puyallup, WA 98373
Single tenant investment property in Puyallup with long-term tenant.
Type:Retail
Property size:
5,375 SFLot size:
0.77 AcresPrice / SF:
$418/SF- Added:
- Mar 6, 2026
- Days on Market:
- 72
- Last Refresh:
- Apr 5 at 10:22 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
Listing agent Dean Altaras (425) 586-5613
Listing office NAI PUGET SOUND PROPERTIES (425) 586-5613
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
HighLights
- 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.
- Full access to 128th St E and Meridian E at a signalized intersection.
- Recent 2023 roof replacement.
- Located in a strong retail trade area surrounded by national and regional tenants.
Overview
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
Location Insight
- Map
- Local Demand
- City
- Puyallup
- County
- Pierce
- State
- Washington
- Longitude
- -122.295
- Latitude
- 47.1399
Nearby Similar for Sale
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.
