- For Sale $2,250,000
- Property Type Retail - Freestanding
- Property Size 5,375 SF
- Lot Size 0.77 Acre
- Property Tenancy Single Tenant
- Year Built 1984
- Year Renovated 2020
- Date Updated May 14, 2026
Description
Located in the thriving city of Puyallup, this prime retail location offers a vibrant and dynamic community for prospective investors. With a population that exceeds 40,000, the area boasts a rich tapestry of retail and dining options, drawing in visitors and locals alike. Notable nearby attractions include the iconic Washington State Fairgrounds - a hub for entertainment and events, and the charming historic district with its array of boutiques and galleries.Rare opportunity to purchase a single tenant investment property with established, long- term tenant in place.
Highlights
- 21 parking stalls plus one designated handicap stall
- 33,401 SF lot
- 44,000 VPD on SR 161 / Meridian E
- 5,375 SF building
- CAP Rate: 6.7%
- Full Access to 128th St E and Meridian E at Signalized Intersection
- Graveled storage yard on the south side of the property
- High Visibility Location with Substantial Pylon Signage
- Recent 2023 Roof Replacement
- Recent 5-Year Lease Extension Illustrates Tenant’s Long-Term Commitment to this Location
- Sale Price: $2,250,000
- Strong Retail Trade Area Surrounded by National and Regional Tenants
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Contacts
Dean Altaras
NAI Puget Sound Properties
Location
Located at 10120 128th Street E, Puyallup, WA 98373, this property is part of the South Hill neighborhood and Seattle market.
Contact Listing Broker
Dean Altaras
NAI Puget Sound Properties
