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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

7785 Sunset Hwy Mercer Island, WA 98040

6,558 SF
Property ID
Property summary
AI-generated overview

This exceptional retail opportunity is located in the heart of Mercer Island's downtown core, at the intersection of 77th Ave SE & SE 27th St. The property, totaling 6,558 square feet, offers multiple spaces available for lease, with a minimum divisible space of 753 square feet and a maximum contiguous space of 4,153 square feet. Currently, the entire 6,558 square feet is vacant, presenting a unique chance for a single tenant or multiple businesses to establish a presence in this thriving area. The building boasts convenient access to I-90, providing easy connectivity to both east and westbound traffic. Its strategic location places it directly across the street from a Walgreens and near a QFC, ensuring high visibility and foot traffic. The property also benefits from a free 24-hour retail parking garage, adding to its appeal for both businesses and customers. High traffic counts are a key feature, with 4,557 average daily traffic (ADT) on 77th Ave SE and 9,375 ADT on SE 27th St. Furthermore, the property is surrounded by a strong residential base, with 54,861 housing units within a one-mile radius. Existing co-tenants include Heritage Wealth Advisors and Mercy Vet Clinic, creating a diverse and established commercial environment. This property presents a compelling investment opportunity for businesses seeking a high-traffic, well-located retail space in a desirable community.

Property profile
Verified
Property type Retail properties & Spaces
Total area 6,558 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Mercer Island Piano Studio Tutoring Service Training Center
  • Mercer Island Insurance Group: Allstate Insurance Insurance Agency
  • The Fauser Group Financial Advisor
  • IMPACT Fitness + Training Gym & Fitness Center
  • OpenTrade Inc. Marketing & Advertising
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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