427 E Main Puyallup, WA

Located at 427 E Main Ave in Puyallup, WA, this 6,003 square foot commercial building offers a 1,750 square foot mezzanine office and storage area. The property features a grade-level roll-up door, large pylon signage, multiple points of ingress and egress, and on-site parking. Situated along East Main Avenue, the location benefits from high visibility with over 18,000 vehicles per day and immediate access to Highway 512, which sees more than 80,000 vehicles daily. The CG (General Commercial) zoning allows for a range of uses, including automotive, retail, light manufacturing, veterinary, equipment rental, daycare, and health club facilities, and provides long-term redevelopment potential. The property is near Safeway, Fred Meyer, Tractor Supply, Planet Fitness, Goodwill, and multiple auto dealerships, with the Washington State Fairgrounds less than a mile away. The area has a dense customer base, with over 161,000 residents within a five-mile radius and average household incomes exceeding $114,000. The Puyallup retail submarket has a vacancy rate of 1.9 percent, with year-over-year rental growth of 4.7 percent and long-term rent growth averaging 4.1 percent annually over the past five years. There has been virtually no new retail construction in the last decade, and no projects are currently underway.