Property Listings
Meridian Retail Center
Kidder Mathews is pleased to present the opportunity to acquire 17526 Meridian East, 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 provides future ownership with a high-quality, low-maintenance building.
- Located at the entrance to a high performing Fred Meyer Grocer on the South Hill in Puyallup, one of the areas premium commercial corridors
- According to Placer.Ai, the Fred Meyer anchor ranks in the 97% percentile of all grocery stores in WA State and averages 1.8M visitors a year
- 6 out of the 8 current tenants have occupied the center for over 10+ years
- All tenants operate on NNN leases providing full operating expense reimbursement and minimal landlord responsibilities
- Originally constructed in 2005 and featuring block construction provides future ownership a low maintenance, high quality building