South Hill Plaza Shopping
For Sale
Contact for pricing
3850 S Meridian, Puyallup, WA 98373
Fully occupied shopping center with medical, dental, and daily-needs tenants serving an established retail corridor.
Property SizeContact for details
Days on Market142
Property Features for 3850 S Meridian
General Information
Standard status
Active
Property subtype
Retail
Occupancy
100%
Additional Details
Traffic Count
58,000 vehicles/day
Building Details
Tenancy
Multi
Listing Agency:
CBRE - Seattle
Listed By:
Dino Christophilis · License #WA 24717
Source:
Crexi
Added: Apr 12
Changed: Aug 30
Last Checked: Aug 30 at 5:51AM
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 CBRE - Seattle
Investment Insights
Based on property information with market context.
South Hill Plaza is a fully occupied shopping center with a tenant mix concentrated in medical and dental services, which account for 46% of the rent roll, alongside daily-needs retailers. The property does not include hard- or soft-goods retailers, creating a focused service-oriented commercial profile. Recent lease renewals, new tenant commitments, and a lease executed for the previously vacant elbow suite in July 2025 have contributed to a 4.3-year weighted average lease term.
The center is positioned along Meridian at an intersection carrying 58,000 cars per day. South Hill Mall, a regional retail property totaling 1.1 million SF, directly adjoins the center and supports the surrounding retail corridor. Together, the tenant composition, full occupancy, lease term, and adjacent retail anchor define the property’s current operating profile.
The center is positioned along Meridian at an intersection carrying 58,000 cars per day. South Hill Mall, a regional retail property totaling 1.1 million SF, directly adjoins the center and supports the surrounding retail corridor. Together, the tenant composition, full occupancy, lease term, and adjacent retail anchor define the property’s current operating profile.
Key Highlights
- 100% occupied following a lease for the former vacant elbow suite signed in July 2025
- 4.3‑year weighted average lease term
- Medical and dental tenants represent 46% of the rent roll
Property Analytics
Property Profile
Current Use
Lease Details
58,000 VPD
Traffic count
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,469
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 98373, WA
28,165
Population
11,113
Households
2.5
Avg Household Size
35
Median Age
26%
College-Educated
94%
High-School Grad
9.4 sq mi
ZIP Area
2,996
Density / Sq Mi
$102,791
Median Household Income
$51,865
Median Earnings
$1,823
Median Rent
$517,600
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Meridian Town Center — 13410 Meridian E, Puyallup, WA 98373
- South Hill Center — 4102 S Meridian, Puyallup, WA 98373
- Sunglass Hut at Macy's — 3500 S Meridian, Puyallup, WA 98373
- Willows Shopping Center — S Meridian, Puyallup, WA 98374
- Sunglass Hut — 3500 S Meridian Ste 966, Puyallup, WA 98373
Frequently Asked Questions
What type of property is this?
Shopping center - Fully occupied shopping center with medical, dental, and daily-needs tenants serving an established retail corridor.
Where is this shopping center located?
The property is located at 3850 S Meridian Puyallup, WA.
What are key features of this property?
This property features: 100% occupied following a lease for the former vacant elbow suite signed in July 2025; 4.3‑year weighted average lease term; Medical and dental tenants represent 46% of the rent roll
