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Prime 205 1010-1058 SE 96th Ave 17,000 SF 88% Leased 4-Star Retail Building Portland, OR 97216 $6,635,000 ($390.29/SF) 6.25% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Prime location: Situated at 1026 SE 96th Ave, Portland, OR, in a high-traffic area.
  • Prime 205 is situated within an opportunity zone, allowing for a variety of tax savings strategies for qualified individuals.
  • Surrounded by major retailers: Close to popular stores like Target, 24 Hour Fitness and Home Depot, ensuring strong foot traffic.

EXECUTIVE SUMMARY

Strong Investment Potential:
The combination of high visibility, reliable tenants and an additional parcel with development opportunity located in an opportunity zone creates strong fundamentals for growth.
High Visibility:
Over 200,000 vehicles pass daily with access from major thoroughfares like I-205 and SE Washington St.
Opportunity Zone:
Prime Opportunity Zone Investment – 1026 SE 96th Ave, Portland, OR
Lot Size: 8,000 SF/ 0.63 AC | Zoning: CX, Central Commercial
Located in the heart of Portland’s Montavilla neighborhood, 1026 SE 96th Ave is an 8,000square-foot development lot positioned within a federally designated Opportunity Zone —making it an exceptional prospect for investors seeking long-term tax advantages and growth potential.

ATTACHMENTS

Prime205 OM

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
17,000 SF
Building Class
A
LoopNet Rating
4 Star
Year Built/Renovated
1971/2008
Price
$6,635,000
Price Per SF
$390.29
Cap Rate
6.25%
NOI
$414,688
Percent Leased
88%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.15
Lot Size
2.59 AC
Opportunity Zone
Yes
Zoning
CX
Parking
94 Spaces (5.53 Spaces per 1,000 SF Leased)

AMENITIES

  • Bus Line
  • Signage

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Fixoid
  • Retailer
  • -
  • $25.00
  • Triple Net
  • Aug 2028
  • Educational Services
  • -
  • -
  • -
  • -

GOLFTEC stands as a pioneering force in the realm of golf instruction, dedicated to revolutionizing the way individuals learn and master the game. Founded in 1995, GOLFTEC has since evolved into the world's largest provider of golf lessons and premium club fittings, boasting a network of centers across the globe. With a steadfast commitment to innovation and excellence, GOLFTEC has earned its reputation as a trusted authority in golf improvement.

  • L&M Hair
  • Retailer
  • -
  • $22.00
  • Triple Net
  • Apr 2028
  • San Joaquin Valley College
  • Educational Services
  • -
  • $13.64
  • -
  • -
  • Information
  • -
  • -
  • Triple Net
  • -

T-Mobile U.S. Inc. (NASDAQ: TMUS) is America’s supercharged Un-carrier, delivering an advanced 4G LTE and transformative nationwide 5G network that will offer reliable connectivity for all. T-Mobile’s customers benefit from its unmatched combination of value and quality, unwavering obsession with offering them the best possible service experience, and undisputable drive for disruption that creates competition and innovation in wireless and beyond. Based in Bellevue, Wash., T-Mobile provides services through its subsidiaries and operates its flagship brands, T-Mobile, Metro by T-Mobile, and Sprint.

TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Fixoid Retailer - $25.00 Triple Net Aug 2028
Educational Services - - - -
L&M Hair Retailer - $22.00 Triple Net Apr 2028
San Joaquin Valley College Educational Services - $13.64 - -
Information - - Triple Net -

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • POSITION
  • AVAILABLE
  • 1026 Main
  • 2,038 SF
  • Retail
  • -
  • Now
Space Size Space Use Position Available
1026 Main 2,038 SF Retail - Now

1026 Main

Size
2,038 SF
Space Use
Retail
Position
-
Available
Now
Walk Score®
Very Walkable (84)
Bike Score®
Very Bikeable (87)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY MAJOR RETAILERS

Dotty's
Starbucks
Olive Garden
Red Robin
99 Ranch Market
Old Chicago Pizza
U.S. Bank
Elmer's
Denny's
Bank of America

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R605444
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$4,587,020
  • Listing ID: 36319510

  • Date on Market: 6/19/2025

  • Last Updated:

  • Address: 1010-1058 SE 96th Ave, Portland, OR 97216

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