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17526 Meridian Avenue E - Bldg C

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17526 Meridian Avenue E - Bldg C

17526 Meridian Ave E, Puyallup, WA 98375
Retail For Sale Available Built 2006 1 floors Zoning: UCOR
Asking Price
$7,520,000
Total Building8,112 SF
Land55,722 SF land
ConstructionMasonry
MarketPuyallup/Sumner
CountyPierce

Read Overview
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Overview

Property ID
106389
Listing ID
707591
Type
Retail
Asset Class
Retail
Zoning
UCOR

Description

We are pleased to present the opportunity to acquire Meridian Retail Center, a grocery-anchored retail center strategically located at the entrance to a high-performing Fred Meyer grocer on South Hill in Puyallup, one of the area's premier commercial corridors.The Fred Meyer anchor ranks in the 97th percentile among all grocery stores in Washington State according to Placer.ai data, drawing an average of 1.8 million visitors annually. The center benefits from exceptional tenant stability, with six of the eight current tenants having occupied their spaces for over 10 years, and all leases structured as triple-net (NNN), ensuring full reimbursement of operating expenses and minimal landlord responsibilities.Originally constructed in 2005 with durable block construction, this opportunity

Listing Courtesy of:

DG
David Gellner
Kidder Mathews
999 W Main Street, Suite 100,
Boise, ID 83702
State: WA City: Puyallup ZIP: 98375 Type: For Sale

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Disclaimer: The information contained in this listing has not been verified by Muljat Commercial and should be verified by the buyer.