Property Details

17526 Meridian Ave E

Puyallup, WA 98375

$7,520,000

Available

CBA# 707591 courtesy of CBA Listing firm: Kidder Mathews

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I’d like more information about 17526 Meridian Ave E, Puyallup, MLS# 707591

Office / Retail

Property Type

8,112

Bldg Sq Ft

Units

2006

Year Built

Property Overview

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