11012 Canyon RdPuyallup, WA 98373

Property Details for 11012 Canyon Rd

Year built

1990

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

1.66 AC

Property size (Sq ft)

18,440 SF

Zone code

CC

Property type

Retail space

APN

4075010623

APU

4075010623

Description

Summit Country Center offers a fantastic retail opportunity in Puyallup, WA, at 11012 Canyon Rd E, zip code 98373. This Albertson's-anchored center boasts a strong national tenant mix, ensuring high visibility and consistent foot traffic. The available space is ideal for a variety of retail uses, with a minimum divisible space of 2,040 square feet and a maximum contiguous space of 2,040 square feet. Currently, 2,040 square feet is vacant and ready for immediate occupancy. The property benefits from its strategic location within a high-traffic area, providing excellent exposure to potential customers. Ample parking is available for customers and employees in a large parking field. This retail center presents a unique opportunity to establish or expand a business in a thriving community with a strong retail presence. The property's location offers easy access for customers and excellent visibility from Canyon Road. Interested parties should inquire promptly to secure this desirable retail space.

• CAP approach

  CAP return

  Valuation

  6%

  $7,335,167

  6.5%

  $6,770,923

  7%

  $6,287,286

• Comparable approach

  Method

  Valuation

  Relative Method

  $12,461,257

  Geo Method

  $8,948,962

• Alternative Use

  Use

  Valuation

  Residential

  $5,711,527

  Hospitality

  $5,231,728

  Educational

  $4,352,736

  Medical

  $4,502,434

  Retail

  $6,770,923

Location Insight

City

Puyallup

County

Pierce

State

Washington

Latitude

47.1569

Longitude

-122.359

CBSA code

42660

CBSA name

SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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