17526 Meridian Ave E Puyallup, WA 98375
Retail center anchored by high-performing Fred Meyer in Puyallup.
Property Features for 17526 Meridian Ave E
General Information
- Standard status
- Active
Building Details
- Year built
- 2006
Source:
Corcoran
Listing Agency: KIDDER MATHEWS Listing Agent: David Gellner
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Grocery-Anchored Retail Center For Sale
This offering is for the acquisition of Meridian Retail Center, a grocery-anchored retail property strategically located at the entrance to a high-performing Fred Meyer in Puyallup. The Fred Meyer anchor ranks in the 97th percentile among all grocery stores in Washington State, drawing an average of 1.8 million visitors annually. The center benefits from tenant stability, with six of the eight current tenants having occupied their spaces for over 10 years. All leases are structured as triple-net (NNN), ensuring full reimbursement of operating expenses. Originally constructed in 2005 with durable block construction, this retail center is located on South Hill in Puyallup, one of the area's premier commercial corridors.
Location Intelligence
Current Use by Public Records
WSECU
Credit Union
Ranger Cash Advance
Loan Service
Bros Burgers
Restaurant
Location Insight
- Map
- Local Demand
- City
- Puyallup
- County
- Pierce
- State
- Washington
- Longitude
- -122.2985729
- Latitude
- 47.2172675
Nearby Similar for Sale
FAQs
What type of property is this?
Shopping center - Retail center anchored by high-performing Fred Meyer in Puyallup.
Where is this shopping center located?
The property is located at 17526 Meridian Ave E Puyallup, WA.
What is the asking price?
The asking price for this property is $7,520,000.
What are key features of this property?
This property features: - Grocery-anchored retail center at the entrance to a high-performing Fred Meyer.; - Fred Meyer anchor ranks in the 97th percentile among all grocery stores in Washington State, drawing 1.8 million annual visitors.; - Exceptional tenant stability with six of eight tenants occupying spaces for over 10 years.
