427 E Main Ave - Freestanding FOR SALE


Puyallup, WA 98372- Downtown Puyallup
$2,250,000 USD
206-826-5787
427 E Main Ave, Puyallup, WA for Sale
$2,250,000 USD
Freestanding - FOR SALE
1/4
null | Request Cap Rate

Jun '26


427 E Main Ave
Puyallup, WA 98372
Downtown Puyallup


HIGHLIGHTS

  • Turn-Key Commercial Building Available for Sale or Lease
  • High-Visibility Location (18,000+ VPD) Located Immediately off Hwy (80,000+ VPD)
  • Flexible Zoning (CG-General Commercial)
  • Dense & Affluent Demographics
  • High Barrier-To-Entry Submarket with 1.9% Vacancy Rate
  • Strong Retail Trade Area Surrounded by National Tenants & the Puyallup Fairgrounds

OVERVIEW

The property at 427 E Main Ave in Puyallup, WA presents a rare opportunity to acquire or lease a turn-key commercial building in one of the region’s most dynamic retail corridors. The building totals 6,003 square feet and includes an additional 1,750 square foot mezzanine office and storage area. Designed with functionality in mind, the property features a grade-level roll-up door, large pylon signage for maximum exposure, multiple points of ingress and egress, and ample on-site parking to accommodate a variety of users. Positioned along East Main Avenue with visibility to over 18,000 vehicles per day and immediate access to Highway 512, which carries more than 80,000 vehicles daily, the property offers exceptional exposure and connectivity. Its zoning designation of CG (General Commercial) allows for a wide range of permitted uses, including automotive, retail, light manufacturing, veterinary, equipment rental, daycare, and health club facilities, while also providing long-term redevelopment potential. The property benefits from its proximity to a strong mix of national retailers and regional demand drivers. Nearby tenants include Safeway, Fred Meyer, Tractor Supply, Planet Fitness, Goodwill, and multiple auto dealerships, with the Washington State Fairgrounds located less than a mile away. This location draws from a dense and affluent customer base, with more than 161,000 residents living within a five-mile radius and average household incomes exceeding $114,000, supporting robust consumer spending. Market fundamentals further enhance the investment appeal of this offering. The Puyallup retail submarket boasts a vacancy rate of just 1.9 percent, with year-over-year rental growth of 4.7 percent and consistent long-term rent growth averaging 4.1 percent annually over the past five years, according to CoStar. With virtually no new retail construction in the last decade and no projects currently underway, barriers to entry remain high, making this an ideal opportunity for an owner-user to lock in occupancy costs at today’s pricing or for an investor to capitalize on rising demand in a constrained market. Additionally, Washington State’s lack of personal income tax adds further appeal for ownership.

FOR SALE DETAILS

PRICE

$2,250,000 USD

PRICE/SF

$375 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

AutoPlus

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Storefront, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1988

SPRINKLERS

-

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.41 AC

LAND SF

17,860 SF

ZONING

CG

APN/PARCEL ID

749500-0040

ASK ABOUT THIS PROPERTY

Clayton BrownMarcus & MillichapMore Info
206-826-5787

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Clayton BrownMarcus & MillichapMore Info
206-826-5787

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.