Neighborhood Retail
For Sale
Contact for pricing
16116 Meridian E, Puyallup, WA 98375
Established retail property serving a dense residential trade area with nearby national retailers, restaurants, and daily-needs services.
Property Size16,800 SF
Price / SF$434.52
Days on Market8
Property Features for 16116 Meridian E
General Information
Standard status
Active
Size
16,800 SF
Class
B
Total Parking Spaces
160
Property subtype
Retail
Zoning
Pierce County Town Center
Occupancy
92%
Lease Type
NNN
Investment Type
Stabilized
Net Operating Income
$489,783
Building Details
Year Built
1995
Units
10
Tenancy
Multi
Listing Agency:
Lee & Associates - Tacoma
Listed By:
Yeh-Hee Hahn · License #2161
Source:
Crexi
Added: Aug 26
Changed: Sep 1
Last Checked: Sep 1 at 10:34PM
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 Lee & Associates - Tacoma
Investment Insights
Based on property information with market context.
This retail property contains 16,800 square feet and was constructed in 1995. The asset is designated within the Pierce County Town Center zoning district and has an established operating history serving neighborhood-oriented retail demand.
Located at 16116 Meridian E in Puyallup, the property sits in the South Hill trade area of Pierce County. The surrounding commercial environment includes national retailers, restaurants, service businesses, and other daily-needs providers. Approximately 173,000 residents live within five miles, providing a substantial residential customer base. The area also reflects continued residential expansion and limited new retail development.
Located at 16116 Meridian E in Puyallup, the property sits in the South Hill trade area of Pierce County. The surrounding commercial environment includes national retailers, restaurants, service businesses, and other daily-needs providers. Approximately 173,000 residents live within five miles, providing a substantial residential customer base. The area also reflects continued residential expansion and limited new retail development.
Key Highlights
- 16,800‑square‑foot retail property
- Pierce County Town Center zoning designation
- Built in 1995
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
518
Businesses Nearby
Explore this area
Business Placement
Demographics for 98375, WA
33,316
Population
10,761
Households
3.1
Avg Household Size
34
Median Age
30%
College-Educated
93%
High-School Grad
9.7 sq mi
ZIP Area
3,435
Density / Sq Mi
$109,972
Median Household Income
$54,668
Median Earnings
$2,140
Median Rent
$471,900
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Established retail property serving a dense residential trade area with nearby national retailers, restaurants, and daily-needs services.
Where is this retail space located?
The property is located at 16116 Meridian E Puyallup, WA.
What is the asking price?
The asking price for this property is $7,300,000.
What are key features of this property?
This property features: 16,800‑square‑foot retail property; Pierce County Town Center zoning designation; Built in 1995
