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    8451 Southeast 68Th St Mercer Island, WA 98040

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    For Lease
    $32 SF/Yr ($15,733 /Mo)

    Retail space in busy shopping center with ample parking.

    Property size:
    5,900 SF
    Lot size:
    3.48 Acres

    Property Features for 8451 Southeast 68Th St

    General Information

    Size
    5,900 SF
    Lot size
    3.48 Acres

    Source: Azose Commercial Properties Agent Mark O'Shea, CCIM

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Mercer Island Retail Space Available

    This retail space, built in 2006, features an open floor plan and is located in a busy shopping center. The shopping center is anchored by QFC and Starbucks. Ample parking is available. The property is situated in a strong demographic area. The property size is 5900 square feet.
    Location Intelligence

    Current Use by Public Records

    The Boutique Lounge Boutique Karate West Martial Arts School Riviera Maya Mexican ... Mexican Restaurant Azose Commercial Properties, In Property Management Company Legacy Decking - Mercer ... Deck Builder

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Nail Salon Building Supply Gym & Fitness Pharmacy Wholesale Shop Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Mercer Village Shopping Center, Mercer Island Plaza, Coinstar Kiosk | Bitcoin ATM

    Location Insight

    • Map
    • Local Demand
    City
    Mercer Island
    County
    King
    State
    Washington
    Longitude
    -122.2246301
    Latitude
    47.5408852

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    FAQs

    What type of property is this?
    Shopping center - Retail space in busy shopping center with ample parking.
    Where is this shopping center located?
    The property is located at 8451 Southeast 68Th St Mercer Island, WA.
    What is the lease rate?
    The lease rate is $32 SF/Yr.
    What are key features of this property?
    This property features: - Located in a busy shopping center anchored by QFC and Starbucks.; - Strong demographic area.; - Ample parking.
    (425) 974-4201
    Request Owner's contact information
    8451 Southeast 68Th St Mercer Island, WA 98040
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    8451 Southeast 68Th St Mercer Island, WA 98040
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