15518 Meridian Ave E
Puyallup WA 98375

Amazon Go - 15518 Meridian Avenue East

15518 Meridian Ave E Puyallup WA 98375

Listing #: 680373 | Status: Available | Last Modified: 4/29/2024 |

For Sale
Paul Sleeth
Billy Sleeth
Showing Instructions
  • Call Listing AgentNo
  • Use DiscretionNo
Price Information
  • Listing Price$ 5,531,000.0
  • $/SF$ 921.8
  • Listing StatusAvailable
  • Days on Market17
  • Asset ClassRetail
  • Terms
Investment Information
  • Investment Type
  • Investment PropYes
  • Gross Income304,200
  • Vacancy Factor %0.00%
  • Operating Expenses0
  • Net Operating Income304,200
  • CAP Rate 5.50 %
Detail Listing Information
  • Min Total SF0
  • Max Total SF0
  • Lease Rate Low$ 00.0
  • Lease Rate High$ 00.0
  • Heat Source
  • Total Units
Utilities
  • Water
  • Electricity
  • Storm Sewer
Retail Information
  • SignageSignage on Building and Freestanding
  • Anchor
Retail Asset Class Info
  • Crane Count
  • Crane Tonnage0
  • Clearance Height Min
  • Clearance Height Max
  • Bay Depth
  • Second Road Front
  • Grade Level Door Count
  • Tennant Improvement Allowance
Building Information
  • Building StatusExisting
  • # of Buildings1
  • # of Floors1
  • # of Units
  • # of Elevators
  • A/CYes
  • Clearance Height Min
  • Clearance Height Max
  • Bay Depth
  • Total Building SF6000
  • Net Rentable Area6000
  • Total Office SF3602
  • Largest Contiguous SF
  • Lot SF27443
  • Acres0.63
Property Type
  • Property TypeRetail
  • Office TypeMedical/Dental
  • Building ClassB
Location
  • CountyPierce
  • Vicinity
  • Location Description
  • Second Address
  • Cross Street156th
  • Market AreaPuyallup/Sumner
  • Tax ID #3870200321
  • Additional Parcels3870200326
  • ZoningTCTR
Construction
  • Year Built2023
  • Year Renovated1990
  • Completion Date
  • Roof Type
  • SprinklersYes
  • Construction TypeFramed, Wood

Amazon Go

Public Comments

Property Summary: We are pleased to present a premier investment opportunity in the greater Puget Sound region, featuring a newly developed, free-standing single tenant property that offers both rarity and high credit quality. This asset, leased to Amazon, one of the strongest companies in the world, for the initial lease term with ‘A+’ credit, stands out as an attractive investment due to its numerous advantageous features. This unique investment opportunity marries the stability of a long-term lease with a premier tenant and the compelling growth prospects of its strategic location. Offering low maintenance, flexibility, and strong growth potential, it stands as a prime acquisition for investors looking for high-quality, secure, and growth-oriented real estate assets. Property Highlig

Search Tags

Car Lot, Mixed-Use, Pad(s), Restaurant, Stand-Alone, Street Retail, Strip Mall, Bank, Bar/Tavern/Night Club

Listing Images