Property summary
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.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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