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    8015 28Th St Mercer Island, WA 98040

    For Lease
    $29 SF/Yr

    Mercer Island office space for lease.

    Lot size:
    17,266 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    Island Crest Plaza, located at 8015 SE 28th St, Mercer Island, WA 98040, offers exceptional office space in the I-90 Corridor. This three-story building, constructed in 2002, boasts a total of 17,266 square feet, with multiple tenancy options available. Currently, 3,814 square feet of space is vacant, offering flexibility for businesses of various sizes. The minimum divisible space is 596 square feet, while the maximum contiguous space available is 2,157 square feet. One particular suite of 2,062 square feet is currently available for lease. The building provides convenient on-site covered parking with 40 spaces for tenants and their clients. The property is classified as both Traditional and Executive Office space, catering to a range of business needs. Its location in the desirable I-90 Corridor provides excellent access to major transportation routes and amenities. This is a prime opportunity to secure high-quality office space in a thriving Mercer Island location. Inquire today to learn more about leasing options and availability.

    Property Features for 8015 28Th St

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    17,266 SF
    Total Rate
    41726.17

    Building Details

    Year Built
    2002
    Stories
    3

    Unit(s) available at that property

    Space
    Suite 310
    Size
    1,061 SF
    Rate per SF
    $29
    Space
    Suite 200
    Size
    2,157 SF
    Rate per SF
    $29
    Space
    Suite 312
    Size
    596 SF
    Rate per SF
    $29

    HighLights

    • Rental Rate: $29/SF, plus NNN charges.
    • NNN Expenses (2024 Estimate): $12.84/SF.
    • Suite 200: 2,157 SF.
    • Suite 310: 1,061 SF.
    • Suite 312: 596 SF.
    • Three‑Story Building (two office floors above parking garage).
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Sloan Kevin L ... Doctor Pacific Dental Alliance Dental Clinic ALODERMA Health And Beauty Shop Law Office of J.D. ... Personal Injury Attorney Mercer Island Therapy Psychotherapist

    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
    -122.23103063
    Latitude
    47.58499529

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    FAQs

    What type of property is this?
    Office Property / Space - Mercer Island office space for lease.
    Where is this office property / space located?
    The property is located at 8015 28Th St Mercer Island, WA.
    What is the lease rate?
    The lease rate is $29 SF/Yr.
    What are key features of this property?
    This property features: Rental Rate: $29/SF, plus NNN charges.; NNN Expenses (2024 Estimate): $12.84/SF.; Suite 200: 2,157 SF.
    Request Owner's contact information
    8015 28Th 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
    8015 28Th St Mercer Island, WA 98040
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