11904 MeridianPuyallup, WA 98373

Property Details for 11904 Meridian

Year built

1984

Construction

WOOD FRAME

Lot size

2.10 AC

Property size (Sq ft)

3,816 SF

Zone code

MUC

Property type

Strip malls

Property subtype

Neighborhood centers

APN

4320001393

APU

4320001393

Description

Meridian Square, a prime retail strip center in Puyallup, WA, offers exceptional leasing opportunities. This established property, located at 11904 - 11910 Meridian East, near 120th St E, comprises three single-story buildings totaling 15,134 square feet on a 2.1-acre lot. Built in 1984 and renovated in 1995, the center is zoned MUC (Mixed Use Commercial). Multiple tenancies are available, with spaces ranging from a minimum of 1,443 square feet to a maximum contiguous space of 1,918 square feet. Currently, 3,361 square feet is vacant, presenting a unique chance for businesses to establish themselves in this thriving Puyallup location. The property's convenient location and ample parking make it an attractive destination for shoppers and businesses alike. This is an excellent opportunity to secure retail space in a well-maintained and established center within Pierce County, Washington, zip code 98373. The property's history and established presence in the community offer a strong foundation for future success. Contact us today to learn more about available spaces and lease terms.

• CAP approach

  CAP return

  Valuation

  6%

  $1,517,950

  6.5%

  $1,401,184

  7%

  $1,301,100

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,578,750

  Geo Method

  $1,851,911

• Alternative Use

  Use

  Valuation

  Residential

  $1,181,952

  Hospitality

  $1,082,661

  Educational

  $900,762

  Medical

  $931,740

  Retail

  $1,401,184

Location Insight

City

Puyallup

County

Pierce

State

Washington

Latitude

47.148

Longitude

-122.294

CBSA code

42660

CBSA name

SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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