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    OFF-MARKET
    Retail properties & Spaces

    3850 Meridian, Puyallup, WA 98373

    26,089 SF 2.09 ac lot Built 1989
    Property ID
    Property summary
    AI-generated overview

    South Hill Plaza, a single-story, 26,089 square foot Class C retail center in Puyallup, WA, offers a prime opportunity for retail businesses. Built in 1989, this multi-tenant property sits on 2.09 acres at the northeast corner of South Meridian and 39th Avenue SW, enjoying a highly visible location adjacent to South Hill Mall. The property boasts excellent signage opportunities, including front and back building signage, plus two monument signs. Currently, 2,162 square feet of space is available, with one unit totaling 4,231 square feet. The property features ample parking with a 6/1,000 ratio, and is zoned LMX. The high-traffic intersection sees over 60,000 vehicles daily, providing excellent visibility and accessibility with a "right in/right out" design from both streets. This location offers exceptional potential for businesses seeking high foot traffic and strong brand visibility in a thriving retail environment. The property's convenient location and ample parking make it an attractive option for a variety of retail uses.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Year built 1989
    Total area 26,089 SF
    Lot 2.09 ac (91,040 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
    Current use
    Occupant on record · Public records
    • Dr. Robert B. Kaler, MD Physician
    • Lauire J. Gwerder, ARNP Physician
    • Red Wagon Burgers Puyallup Restaurant
    • Mark L. Webb, DC Alternative Medicine Practice
    • Puyallup South Hill Laundry (Bike/Boat/Book/etc) Store
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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