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    816-900 Meridian Ave Milton, WA 98354

    For Lease
    Contact for pricing

    Grocery-anchored Milton retail space. High visibility, excellent location.

    Lot size:
    1 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    Surprise Lake Square presents a unique retail opportunity in the thriving city of Milton, Washington. This grocery-anchored shopping center boasts a prime location at the intersection of 816-900 Meridian Ave E, offering exceptional visibility and accessibility. Situated between Interstate 5 and State Route 167, this bustling center benefits from high traffic counts and convenient access for shoppers from surrounding communities including Federal Way, Puyallup, Fife, Kent, and Auburn. The center is anchored by national tenants such as Safeway and Anytime Fitness, ensuring a consistent flow of customers. Currently, there is 1 square foot of retail space available for lease. The property features ample parking, with a ratio of 5 spaces per 1,000 square feet. This is an ideal opportunity for a business seeking high visibility and a strong customer base in a well-established shopping center within Pierce County, Washington, zip code 98354. The property is classified as a commercial shopping center and grocery store, offering a versatile space for a variety of retail uses. The property's location provides easy access for customers and employees alike.

    Property Features for 816-900 Meridian Ave

    General Information

    Property type
    Lifestyle centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1 SF

    Unit(s) available at that property

    Space
    Available Space
    Size
    1 SF

    HighLights

    • 1 sq ft of retail space available for lease in Surprise Lake Square, Milton, WA (98354).
    • 5 parking spaces per 1,000 sq ft.
    • Prime location at Meridian Ave E, near I‑5 and SR 167, offering high visibility and accessibility.
    • Grocery‑anchored center with national tenants (Safeway, Anytime Fitness) ensuring high traffic.
    Property Profile Location Intelligence

    Current Use by Public Records

    Lifestyle centers

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Milton
    County
    Pierce
    State
    Washington
    Longitude
    -122.2944236
    Latitude
    47.2496659

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    FAQs

    What type of property is this?
    Lifestyle center - Grocery-anchored Milton retail space. High visibility, excellent location.
    Where is this lifestyle center located?
    The property is located at 816-900 Meridian Ave Milton, WA.
    What are key features of this property?
    This property features: 1 sq ft of retail space available for lease in Surprise Lake Square, Milton, WA (98354).; 5 parking spaces per 1,000 sq ft.; Prime location at Meridian Ave E, near I-5 and SR 167, offering high visibility and accessibility.
    Request Owner's contact information
    816-900 Meridian Ave Milton, WA 98354
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    Milton, WA 98354
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    816-900 Meridian Ave Milton, WA 98354
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