Puyallup Office Units For
2802 & 10116 S Meridian Puyallup, WA 98371
2802 & 10116 S Meridian, Puyallup, WA, 98371
$1,100,000
For Sale
$1,100,000
Two office units available for purchase in Puyallup, Washington.
Property Size3,498 SF
Price / SF$314.47
Days on Market135
Property Features for 2802 & 10116 S Meridian
General Information
- Standard status
- Active
- Size
- 3,498 SF
- Property subtype
- Office
Building Details
- Year Built
- 1984
Listing agency
Kidder Mathews - Tacoma
(253) 779-9292
Listed by
Jerome O'Leary · License #9685
(253) 779-9292
Source
Kidder
Added: Mar 8 Updated: Jul 10 at 1:14PM Checked: Mar 26 at 9:48AM
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 Kidder Mathews - Tacoma
Investment Insights
Based on property information with market context.
Two office units are available for sale in Puyallup, Washington. The properties offer a combined area of 3498 square feet and are suitable for commercial real estate purposes.
Key Highlights
- Two office units available for purchase.
- Located in Puyallup, Washington.
- Built in 1984.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $76.8k | $21.96 |
| − Vacancy | −$10.8k | −$3.07 |
| EGI | $66.1k | $18.89 |
| − OpEx | −$16.5k | −$4.72 |
| NOI | $49.5k | $14.16 |
3,498 SF · lease $21.96/SF/yr · vacancy 14.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$707.8K
$619.3K – $825.8K
NOI $49,546 @ 7.0% cap · market cap 4.50%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$944.8K
$826.7K – $1.10M
NOI $66,134 @ 7.0% cap · market cap 6.01%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Dr. Brad Mundt
Alternative Medicine Practice
Active Chiropractic- Puyallup
Alternative Medicine Practice
Similar For Sale Nearby
FAQs
What type of property is this?
Office units - Two office units available for purchase in Puyallup, Washington.
Where is this office units located?
The property is located at 2802 & 10116 S Meridian Puyallup, WA.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Two office units available for purchase.; Located in Puyallup, Washington.; Built in 1984.
