Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    2758 78Th Ave SE Mercer Island, WA 98040

    For Lease
    $32 SF/Yr ($13,408 /Mo)

    Class A office space in the heart of Mercer Island.

    Property size:
    5,028 SF
    Lot size:
    2.63 Acres

    Property Features for 2758 78Th Ave SE

    General Information

    Size
    5,028 SF
    Lot size
    2.63 Acres

    Source: Kidder Mathews Agent Monica Wallace

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

    Overview

    Mercer Island Class A Office

    This Class A office space is located on the second floor in the heart of Mercer Island. The space features three conference rooms, eight private offices, an open area, a copy area, and a kitchenette. It also benefits from an extensive window line throughout. The rental rate is $32.00 per square foot per year, NNN. NNN expenses are estimated at $12.79 per square foot (estimated for 2025) and include electricity and janitorial services. The space is available via sublease through March 31, 2027, with a potential extension directly through the landlord. The property is located a 5-minute walk from the transit center and the new light rail station (estimated to open in 2026), and is close to numerous amenities.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    ChargePoint Charging Station Electric Vehicle Charging Station Island Square Apartment Building East/West ESL Tutoring ... Language School Just Poke Mercer ... Hawaiian Restaurant

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Hair Salon Dental Office Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Mercer Island
    County
    King
    State
    Washington
    Longitude
    -122.2332668
    Latitude
    47.5861594

    Nearby Similar for Lease

    • Contact for pricing
      1,286 SF

      Mercer Island Retail/Restaurant Space

      New mixed-use development with retail/restaurant space in Mercer Island.
      2750 77Th Ave SE, Mercer Island, WA 98040
      View Details
    • $29 SF/Yr
      17,266 SF

      Island Crest Plaza Office Suites

      Mercer Island office space for lease.
      8015 28Th St, Mercer Island, WA 98040
      View Details
    • $25 SF/Yr
      1,317 SF

      Mercer Island Office Space Available

      Office space for rent in Mercer Island, Washington.
      7426 SE 27Th St, Mercer Island, WA 98040
      View Details
    • $36 SF/Yr
      3,150 SF

      Mercer Island Office Space Available

      Corner office space with natural light and convenient access.
      7650 SE 27Th St, Mercer Island, WA 98040
      View Details
    • $37 SF/Yr
      580 SF

      Mercer Island Retail Space Available

      Retail space in open-air center, Downtown Mercer Island.
      7633-7679 SE 27Th St, Mercer Island, WA 98040
      View Details
    • $30 SF/Yr
      1,456 SF

      Mercer Island Office Space Available

      Open office space with private offices in Mercer Island.
      2737 78Th Ave SE, Mercer Island, WA 98040
      View Details

    FAQs

    What type of property is this?
    Office space - Class A office space in the heart of Mercer Island.
    Where is this office space located?
    The property is located at 2758 78Th Ave SE 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: - Prime Mercer Island location with Class A office space; - 5-minute walk to transit center and future light rail station (est. open 2026); - Sublease available through March 31, 2027, with potential extension
    (425) 450-1104
    Request Owner's contact information
    2758 78Th Ave SE Mercer Island, WA 98040
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2758 78Th Ave SE
    Mercer Island, WA 98040
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    2758 78Th Ave SE Mercer Island, WA 98040
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.