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Grocery-Anchored Retail Center For Sale
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17526 Meridian E, Puyallup, WA 98375

Retail center anchored by high-performing Fred Meyer in Puyallup.

Property Size12,605 SF
Price / SF$583.10
Days on Market203

Property Features for 17526 Meridian E

General Information

Standard status Active
Size 12,605 SF
Property subtype Retail
Occupancy 100%
Lease Type NNN
Investment Type Net Lease

Building Details

Year Built 2005
Buildings 3
Tenancy Multi
Listing Agency: Kidder Mathews Seattle
Listed By: David Gellner · License #WA 112893
Source: Crexi
Added: Jan 26 Changed: Aug 8 Last Checked: Aug 8 at 6:33AM

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 Seattle

Investment Insights

Based on property information with market context.

The Meridian Retail Center is available for purchase. This grocery-anchored retail center is strategically located at the entrance to a high-performing Fred Meyer grocer on South Hill in Puyallup, a primary commercial corridor. The Fred Meyer anchor is in the 97th percentile among all grocery stores in Washington State, attracting approximately 1.8 million visitors annually. The center features tenant stability, with six of the eight current tenants occupying their spaces for over 10 years. All leases are structured as triple-net (NNN), ensuring full reimbursement of operating expenses. Constructed in 2005 with durable block construction, the property offers a low-maintenance building. The property size is 12605 square feet.

Key Highlights

  • 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.
  • High tenant stability with six of eight tenants occupying spaces for over 10 years.

Property Analytics

Current Use

Bigfoot Java Take-out & Catering CitiStaff Solutions, Inc. ... Employment Agency Takara Teriyaki Restaurant Bros Burger Restaurant Smart Cuts Hair Salon

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Big Box & Wholesale Store Auto Parts Store Auto Repair Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

883
Businesses Nearby
Balanced
Demand for This Use

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

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
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Frequently Asked Questions

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 E Puyallup, WA.
What is the asking price?
The asking price for this property is $7,350,000.
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.; High tenant stability with six of eight tenants occupying spaces for over 10 years.
(206) 296-9600 Call to check price and availability
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