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South Hill Plaza 3850 S Meridian
4,231 SF of Retail Space Available in Puyallup, WA 98373
Highlights
- 2,188 SF
- Monument Signage
- Very Walkable (70 Score from CoStar)
- Abundant Parking
- High Traffic Counts
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste Suite 6 | 4,231 SF | Negotiable | $14.00 /SF/YR $1.17 /SF/MO $150.69 /m²/YR $12.56 /m²/MO $4,936 /MO $59,234 /YR | Triple Net (NNN) |
1st Floor, Ste Suite 6
- Lease rate does not include utilities, property expenses or building services
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS FOR 3850 S Meridian , Puyallup, WA 98373
| Property Type | Retail | Year Built | 1989 |
| Gross Leasable Area | 23,544 SF | Parking Ratio | 1.7/1,000 SF |
| Total Land Area | 0.56 AC |
| Property Type | Retail |
| Gross Leasable Area | 23,544 SF |
| Total Land Area | 0.56 AC |
| Year Built | 1989 |
| Parking Ratio | 1.7/1,000 SF |
About the Property
Great for a variety of retail needs. There is great signage available for the new tenant, including signage on both the front and back of the Premises, as well as on the two monument signs, which is a huge plus! The property is located at the northeast corner of South Meridian and 39th Avenue SW with the South Hill Mall bordering the property on the north and east sides. The intersection has very high traffic, with over 60,000 vehicles per day which causes the access to be “right in/right out” from both streets.
- Bus Line
- Pylon Sign
- Signage
Nearby Major Retailers
Presented by
South Hill Plaza | 3850 S Meridian
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