You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
FOR LEASE
Strip malls

4301 S Meridian Puyallup, WA 98373

51,543 SF 3.94 ac lot Built 1979
Entity Owned 23-yr Hold ~ Est. High Equity
Property ID
US90-1628828
4301 S Meridian, Puyallup, WA 98373 For Lease
$22 SF/Yr
4301 S Meridian, Puyallup, WA 98373
View Listing →
Property summary
AI-generated overview

Meridian Place, located at 4301 S Meridian in Puyallup, WA 98373, offers a unique investment opportunity. This two-building complex, totaling 56,061 square feet, sits on a 171,626 square foot lot at the hard corner of 43rd Ave SE and S. Meridian. Built in 1979 and renovated in 2004, the property features a single-story design and offers multiple tenancy options. The largest contiguous space available is 8,800 square feet, with a smaller space of 2,580 square feet also available. The property boasts a prime location in the South Hill submarket, less than half a mile from South Hill Mall, ensuring high visibility and foot traffic. Strong existing tenants include Sola Salons, Iron Chef Japanese Hibachi, The Rock Pizza, Super Supplements, and Muscle Makers Grill, creating a vibrant and successful retail environment. The property's location near the Mel Forum Family YMCA further enhances its appeal. Property taxes are $5.09 per square foot. The APN is 0419102074. This is the last remaining space in this well-established center. The property is classified as Retail, Restaurant, and Office, with a Creative Office subtype.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1979
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 51,543 SF
Lot 3.94 ac (171,626 SF)
Zoning code CG
APN 419102074
UPID US90-1628828
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
  • Northwest Fitness Company Gym & Fitness Center
  • Liberation Hair By Lani Hair Salon
  • Copal Aesthetics Cosmetic Store Beauty School
  • Hairy odd mother Hair Salon Nail Salon
  • Dulce Lash Lounge (Puyallup) Hair Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$7.93M
Comparable Approach Comparable
by Request
Blend (final) Blend
$8.30M
Owner & transaction history
Pl West LLC · 23 yrs held
Pl West LLC
since 2002
7 recorded transactions
2017
Price N/A
2008
Price N/A
2007
Price N/A
2002
$5.9M
2002
Price N/A
1989
$1.6M
1969
Price N/A
Zoning & alternative use
CG · Puyallup, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message