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Grocery Outlet Anchored Retail Center
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4423 South Meridian, Puyallup, WA 98373

Retail center anchored by Grocery Outlet with Auto Zone.

Property Size127,429 SF
Days on Market106

Property Features for 4423 South Meridian

General Information

Standard status Active
Size 127,429 SF
Total Parking Spaces 441
Property subtype Retail
Occupancy 92%
Lease Type NNN
Investment Type Core+
Net Operating Income $2,780,000

Building Details

Year Built 1979
Year Renovated 2025
Units 22
Tenancy Multi
Listing Agency: Northmarq - Seattle
Listed By: Jack Hallberg · License #WA 24010216
Source: Crexi
Added: May 14 Changed: Aug 22 Last Checked: Aug 26 at 6:50PM

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 Northmarq - Seattle

Investment Insights

Based on property information with market context.

This commercial real estate offering features a retail center anchored by a Grocery Outlet. The property includes a new 15-year lease with Auto Zone. The property size is 127429 square feet.

Key Highlights

  • Grocery Outlet Anchored Center
  • New 15‑Year Auto Zone Lease
  • Year Built: 1979

Property Analytics

Current Use

Shilla Teriyaki Restaurant Papa Murphy's | Take ... Restaurant Grocery Outlet Grocery & Convenience Store Hot Yoga South ... Gym & Fitness Center Furniture World NW Furniture & Home Goods

Suggested Use

Top Pick Parking Lot & Garage Big Box & Wholesale Store Auto Parts Store Law Firm Electrical Service HVAC Service

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

1,253
Businesses Nearby
Well-served
Demand for This Use

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

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
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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
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  • 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 - Retail center anchored by Grocery Outlet with Auto Zone.
Where is this shopping center located?
The property is located at 4423 South Meridian Puyallup, WA.
What are key features of this property?
This property features: Grocery Outlet Anchored Center; New 15‑Year Auto Zone Lease; Year Built: 1979
More about this property
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