900 Meridian Ave E Edgewood, WA 98371

Listing agency Newmark - Seattle Show Phone

Listed by Billy Sleeth · License #WA 88059

Source Crexi

Added: Apr 11 Updated: Jul 21 at 2:56AM Checked: Jul 21 at 2:56AM

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Investment Insights

Based on property information with market context.

Surprise Lake Square is a grocery and drug anchored shopping center that includes anchors Rite Aid, Dollar Tree, and a new Grocery Outlet. The center also features a top performing Safeway that owns its own store, which is noted as not part of the offering. In addition, the property includes four free-standing pad sites.

The center is described as located in the Seattle MSA within the 100% captive trade area of Milton, Washington, with the trade area approximately 27 miles from Seattle/Bellevue. Average household incomes are reported as $115k+.

As presented, the overall tenant and anchor mix is designed to support consistent center activity, with additional rental and leasing upside referenced through rental and leasing improvements.

Key Highlights

• Dominant grocery and drug‑anchored shopping center in the Seattle MSA within Milton, WA.
• Anchored by Rite Aid, Dollar Tree, and a new Grocery Outlet.
• Includes four free‑standing pad sites (pad leasing opportunity).

Property Analytics

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• Charlene's Baskets & Bows, LLC — 2121 Meridian Ave E, Edgewood, WA 98371
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FAQs

What type of property is this?

Shopping center - Shopping center anchored by Rite Aid, Dollar Tree, and Grocery Outlet, plus four free-standing pad sites.

Where is this shopping center located?

The property is located at 900 Meridian Ave E Edgewood, WA.

What are key features of this property?

This property features: Dominant grocery and drug‑anchored shopping center in the Seattle MSA within Milton, WA.; Anchored by Rite Aid, Dollar Tree, and a new Grocery Outlet.; Includes four free‑standing pad sites (pad leasing opportunity).