4423-4621 Meridian, Puyallup, WA 98373
This exceptional retail property, Meridian Place, located at 4423-4621 S Meridian in Puyallup, WA 98373, offers a unique investment opportunity. Situated in Pierce County, this shopping center boasts a total of 46,903 square feet, with 21,371 square feet currently vacant. The property is ideally suited for multiple tenants, with spaces ranging from a minimum of 1,400 square feet to a maximum contiguous space of 16,324 square feet. This flexible layout allows for a variety of retail concepts and business sizes. The property's location in Puyallup, a vibrant city just 35 miles south of Seattle and at the base of Mount Rainier, provides excellent visibility and accessibility. Puyallup's strong economy, fueled by its agricultural heritage and thriving retail sector, including a modern regional medical center, ensures a robust customer base. The city's annual Washington State Fair, attracting over one million attendees, further enhances the area's economic vitality and foot traffic. This presents a compelling opportunity for businesses seeking a prominent location within a dynamic and growing community. The property's significant vacant space offers immediate potential for lease income generation and long-term value appreciation. This is a rare chance to acquire a substantial retail presence in a highly desirable location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.