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Retail/Restaurant Spaces with High Ceilings
For Lease
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2750 77th Ave SE, Mercer Island, WA 98040

Retail and restaurant storefronts totaling 14,000+ SF with high ceilings and 56 customer parking stalls.

Space Size998 SF
Days on Market570

Property Features for 2750 77th Ave SE

General Information

Standard status Active
Size 998 SF
Total Parking Spaces 56
Property subtype RETAIL
Lease Type NNN

Additional Details

Multifamily Units 146

Amenities

through-block park-like pedestrian corridor
public plazas

Spaces For Lease

at 2750 77th Ave SE
Mercer Island Town Center Retail for Lease AVAILABLE, On Available Date
Floor 1
Size 998 SF
Type RETAIL
Rate Contact for pricing
Lease Type NNN
New mixed use development, designed by Johnston Architects, located in the heart of Mercer Island Town Center. 146 residential units. 14,000+ SF of retail/restaurant space. Retail storefronts located along 78th Avenue and 77th Avenue, with a unique through-block park-like pedestrian corridor, and three public plazas, expanding outdoor amenity space for the community. 56 retail customer parking stalls. High ceilings. NNN are estimated (TBD).
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Listing Agency: Gibraltar, LLC
Listed By: Laura Miller · License #17709
Source: Moodyscre
Added: Apr 7, 2025 Changed: Oct 26 Last Checked: Oct 28 at 5:19AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Gibraltar, LLC

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Investment Insights

Based on property information with market context.

This new mixed-use development by Johnston Architects combines 146 residential units with 14,000+ SF of retail/restaurant space. Retail storefronts are positioned along 78th Avenue and 77th Avenue, supported by a through-block, park-like pedestrian corridor and three public plazas that expand outdoor amenity space.

The project includes 56 retail customer parking stalls and high ceilings throughout the retail areas. It is being offered for rent, with NNN estimated (TBD).

Overall, the ground-floor retail/restaurant program is designed to serve the day-to-day needs of the on-site residential community while taking advantage of the project’s pedestrian-oriented public realm.

Key Highlights

  • 14,000+ SF of retail/restaurant space with high ceilings
  • Retail storefronts along 78th Avenue and 77th Avenue
  • 56 retail customer parking stalls

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Storefront properties

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Grocery & Convenience Store Garden Center Auto Repair Shop Storage Facility Catering Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

146
Residential units
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,445
Businesses Nearby

Demographics for 98040, WA

25,748
Population
10,454
Households
2.5
Avg Household Size
44
Median Age
79%
College-Educated
98%
High-School Grad
6.4 sq mi
ZIP Area
4,023
Density / Sq Mi
$202,359
Median Household Income
$96,073
Median Earnings
$2,464
Median Rent
$1,884,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Retail and restaurant storefronts totaling 14,000+ SF with high ceilings and 56 customer parking stalls.
Where is this apartment building located?
The property is located at 2750 77th Ave SE Mercer Island, WA.
What are key features of this property?
This property features: 14,000+ SF of retail/restaurant space with high ceilings; Retail storefronts along 78th Avenue and 77th Avenue; 56 retail customer parking stalls
(206) 351-3573 Call to check price and availability
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