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Property profile & analytics
OFF-MARKET
Lifestyle centers

816-900 Meridian Ave Milton, WA 98354

1 SF
Property ID
Property summary
AI-generated overview

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 profile
Verified
Property type Lifestyle centers
Total area 1 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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