Prepared by https://www.commercialmls.com
15518 Meridian Ave E Puyallup WA 98375
Listing #: 680373 | Status: Available | Last Modified: 4/29/2024
Showing Instructions | |
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Call Listing Agent | No |
Use Discretion | No |
Investment Information | |
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Investment Prop | Yes |
Gross Income | 304,200 |
Vacancy Factor % | 0.00% |
Operating Expenses | 0 |
Net Operating Income | 304,200 |
CAP Rate | 5.50 % |
Detail Listing Information | |
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Min Total SF | 0 SF |
Max Total SF | 0 SF |
Lease Rate Low | $ 0.00 |
Lease Rate High | $ 0.00 |
Retail Information | |
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Signage | Signage on Building and Freestanding |
Retail Asset Class Info | |
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Crane Tonnage | 0 |
Building Information | |
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Building Status | Existing |
# of Buildings | 1 |
# of Floors | 1 |
A/C | Yes |
Total Building SF | 6,000 SF |
Net Rentable Area | 6,000 SF |
Total Office SF | 3,602 SF |
Largest Contiguous SF | 0 SF |
Lot SF | 27,443 SF |
Acres | 0.63 |
Year Built | 2023 |
Year Renovated | 1990 |
Sprinklers | Yes |
Construction Type | Framed, Wood |
Property Type | |
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Property Type | Retail |
Office Type | Medical/Dental |
Building Class | B |
Location | |
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County | Pierce |
Cross Street | 156th |
Market Area | Puyallup/Sumner |
Tax ID # | 3870200321 |
Zoning | TCTR |
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
Car Lot, Mixed-Use, Pad(s), Restaurant, Stand-Alone, Street Retail, Strip Mall, Bank, Bar/Tavern/Night Club
Amazon Go - 15518 Meridian Avenue East
15518 Meridian Ave E Puyallup WA 98375
Listing #: 680373 | Status: Available | Listing Date: 4/18/2024 | Last Modified: 4/29/2024 | Email Listing