Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    3707-3829 South Meridian Puyallup, WA 98373

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Retail space in the heart of South Hill Puyallup.

    Property size:
    800 SF
    Lot size:
    8.75 Acres

    Property Features for 3707-3829 South Meridian

    General Information

    Size
    800 SF
    Lot size
    8.75 Acres

    We can help!

    Listing Contact
    Lisa Tallman
    Lisa Tallman
    Source: Moodyscre

    Listing Agency: First Western Properties - Tacoma, Inc. Listing Agent: Lisa Tallman

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

    Learn more

    Overview

    Prime Retail Space in Puyallup

    This retail space, encompassing 2000 square feet, is situated in the heart of South Hill Puyallup, Washington. The location offers excellent retail synergy and is just minutes from Highway 512. The property is located across the street from the South Hill Mall and benefits from its position on two major lighted intersections on South Meridian. Anchored by Starbucks, Office Depot, Petco, Taco Del Mar, TJ Maxx, Dollar Tree, Jamba Juice, and BECU, the property offers a location with established retail presence.
    Location Intelligence

    Current Use by Public Records

    Shopping centers

    Suggested Use

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

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

    Similar Places Nearby

    Willows Shopping Center, Meridian Town Center, South Hill Center, Sunglass Hut at Macy's, Sunglass Hut

    Location Insight

    • Map
    • Local Demand
    City
    Puyallup
    County
    Pierce
    State
    Washington
    Longitude
    -122.292453
    Latitude
    47.156354

    Nearby Similar for Lease

    • $5,670 /Mo
      2,520 SF

      Office Space in Arabella Park

      2,520 SF office space in Arabella Business Park.
      13909 Meridian E, Puyallup, WA 98374
      View Details
    • $2,209 /Mo
      1,205 SF

      Puyallup Commercial Space For Rent

      Versatile commercial space ideal for office or retail use.
      3806 9Th St SW, Puyallup, WA 98373
      View Details
    • $11,603 /Mo
      11,050 SF

      Puyallup Warehouse with Office Space

      11,050 SF warehouse with office space available 2026.
      5508 128Th St E, Puyallup, WA 98373
      View Details
    • $2,106 /Mo
      1,053 SF

      Puyallup Commercial Space For Rent

      Versatile commercial space with excellent visibility and accessibility on Meridian.
      13819 Meridian E, Puyallup, WA 98374
      View Details
    • $4,690 /Mo
      2,345 SF

      Retail Space on Canyon Road

      Retail space in active commercial corridor with highway access.
      12811 Canyon Rd E, Puyallup, WA 98373
      View Details
    • $7,100 /Mo

      Warehouse, Yard, and Office Space

      Warehouse with office, yard, and ample parking for lease.
      16609 110Th Avenue Ct East, Puyallup, WA 98374
      View Details
    • $33,436
      37,996 SF

      Puyallup Warehouse with Office Space

      37,996 SF warehouse with 1,647 SF built-out office space.
      914 Valley Ave NW, Puyallup, WA 98371
      View Details
    • $8,000 /Mo
      4,800 SF

      Puyallup Office/Warehouse Flex Space

      4,800 SF office/warehouse suite in Puyallup's Arrow Business Park.
      12815 Canyon Rd E, Puyallup, WA 98373
      View Details
    • $6,523 /Mo
      6,212 SF

      Puyallup Industrial Incubator Spaces

      Industrial spaces available for lease with easy highway access.
      5520 112Th St E, Puyallup, WA 98373
      View Details
    • $2,803 /Mo
      2,170 SF

      Downtown Puyallup Office Space

      Office space in downtown Puyallup suitable for various businesses.
      105 Meridian, Puyallup, WA 98371
      View Details
    • $24 SF/Yr

      Puyallup Commercial Space For Rent

      Versatile commercial space with excellent visibility and accessibility on Meridian.
      13819 Meridian East, Puyallup, WA 98373
      View Details
    • $5,225 /Mo
      2,850 SF

      Retail Space in South Hill

      Retail space in a high-traffic Puyallup shopping center.
      4301 Meridian, Puyallup, WA 98374
      View Details

    FAQs

    What type of property is this?
    Shopping center - Retail space in the heart of South Hill Puyallup.
    Where is this shopping center located?
    The property is located at 3707-3829 South Meridian Puyallup, WA.
    What are key features of this property?
    This property features: - Located in the heart of South Hill Puyallup.; - Across the street from the South Hill Mall.; - Anchored by Starbucks, Office Depot, Petco, Taco Del Mar, TJ Maxx, Dollar Tree, Jamba Juice, and BECU.
    (253) 471-5504 Call to check price and availability
    Request Owner's contact information
    3707-3829 South Meridian Puyallup, WA 98373
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    3707-3829 South Meridian
    Puyallup, WA 98373
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3707-3829 South Meridian Puyallup, WA 98373
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Lisa Tallman
    Lisa Tallman
    (253) 471-5504 (253) 472-0404
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!