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Downtown Ground-Level Retail Space
For Lease
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2758 78th Avenue SE, Mercer Island, WA 98040

Ground-level storefront retail space in the Island Square building with parking access and nearby light rail service.

Property Size5,105 SF
Days on Market114

Property Features for 2758 78th Avenue SE

General Information

Standard status Active
Size 5,105 SF
Property subtype RETAIL
Lease Type SF/yr

Additional Details

Business Included No
Listing Agency: Kidder Mathews
Listed By: Monica Wallace · License #27628
Source: Moodyscre
Added: Apr 8 Changed: Jul 28 Last Checked: Jul 29 at 1:10PM

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 Kidder Mathews

Investment Insights

Based on property information with market context.

Available for lease, this ground-level retail storefront is located within the Island Square building in downtown Mercer Island. The space is offered at 5,105 SF and is positioned for convenient customer access from the building’s garage parking.

The location provides easy access to the storefront and is within walking distance of the Mercer Island light rail station, with service to Bellevue and Seattle. Current Island Square tenants include Columbia Bank, Island Animal Hospital, Just Poke, and Einstein Bros. Bagels, among others.

Call brokers for more information. Please do not disturb the existing tenant.

Key Highlights

  • 5,105 SF ground‑level retail space in the Island Square building on Mercer Island
  • Island Square location offers customer parking access via the building garage
  • Easy access from the garage to the storefront

Property Analytics

Current Use

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

Suggested Use

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

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

NNN (Triple Net)
Lease Type
$6.75 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,429
Businesses Nearby
128k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 42% Shops & Services 30% Groceries 25% Home Improvements & Furnishings 2%
QFC Groceries
32,120 visits/mo 0.0 miles
McDonald's Dining
16,223 visits/mo 0.1 miles
Starbucks Dining
15,734 visits/mo 0.2 miles
Jacksons Shops & Services
10,157 visits/mo 0.1 miles
Chevron Shops & Services
9,295 visits/mo 0.2 miles

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

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Ground-level storefront retail space in the Island Square building with parking access and nearby light rail service.
Where is this retail space located?
The property is located at 2758 78th Avenue SE Mercer Island, WA.
What is the lease rate?
The lease rate is $45 SF/Yr.
What are key features of this property?
This property features: 5,105 SF ground‑level retail space in the Island Square building on Mercer Island; Island Square location offers customer parking access via the building garage; Easy access from the garage to the storefront
(425) 450-1104 Call to check price and availability
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