Puyallup Retail Investment
10120 128th Street E Puyallup, WA 98373
10120 128th Street E, Puyallup, WA, 98373
$2,250,000
For Sale
$2,250,000
Single tenant retail property with long-term tenant in Puyallup.
Property Size5,375 SF
Price / SF$418.60
Days on Market241
Property Features for 10120 128th Street E
General Information
- Standard status
- Active
- Size
- 5,375 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1984
Listing agency
NAI Puget Sound Properties
(425) 586-5613
Listed by
Dean Altaras
Source
Naiglobal
Added: Nov 22, 2025 Updated: Jul 10 at 11:30AM Checked: Jul 21 at 5:02AM
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
Investment Insights
Based on property information with market context.
This 5,375 square foot single-tenant retail property is located in Puyallup, offering a vibrant community for investors. The property is situated on a 33,401 square foot lot. The location benefits from high visibility and substantial pylon signage, with 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. The property includes 21 parking stalls plus one designated handicap stall. A graveled storage yard is located on the south side of the property. The area is 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 features a recent 2023 roof replacement. Nearby attractions include the Washington State Fairgrounds and the historic district. As of January 1, 2026, the CAP Rate is projected to be 6.4%.
Key Highlights
- Established, long‑term tenant with recent 5‑year lease extension, illustrating commitment.
- High visibility location with substantial pylon signage and 44,000 vehicles per day (VPD) on SR 161/Meridian E.
- Prime retail location in thriving Puyallup with strong retail trade area surrounded by national and regional tenants.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Aqua Quip
(Bike/Boat/Book/etc) Store
Similar For Sale Nearby
Similar Off Market Nearby
- The Silk Lady — 11018 119th St E, Puyallup, WA 98374
FAQs
What type of property is this?
Storefront property - Single tenant retail property with long-term tenant in Puyallup.
Where is this storefront property 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 with recent 5‑year lease extension, illustrating commitment.; High visibility location with substantial pylon signage and **44,000 vehicles per day (VPD)** on SR 161/Meridian E.; Prime retail location in thriving Puyallup with strong retail trade area surrounded by national and regional tenants.
