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Prime 205 1010-1058 SE 96th Ave 17,000 SF 100% Leased 4-Star Retail Building Portland, OR 97216 $6,635,000 ($390.29/SF) 6.25% Cap Rate
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
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.
Property Facts
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
- -
- -
- -
- -
Founded in 1995, Golftec is a privately held company headquartered in the Denver, Colorado area. The company specializes in golf instruction and custom club fitting, offering a data-driven approach to help golfers improve their performance. Golftec operates a network of training centers across the United States and internationally, providing lessons supported by advanced motion measurement technology and video analysis. In addition to instruction, the company offers professional club fitting services featuring major equipment brands. In 2018, Golf Digest Online, a leading golf conglomerate in Japan, acquired a majority stake in Golftec to support global expansion. Golftec has since continued to grow its presence in North America and Asia, maintaining its position as a leader in golf improvement solutions.
- L&M Hair
- Retailer
- -
- $22.00
- Triple Net
- Apr 2028
- San Joaquin Valley College
- Educational Services
- -
- $13.64
- -
- -
-
- Information
- -
- -
- Triple Net
- -
T-Mobile began in 1994 as VoiceStream Wireless, a business built on GSM-based personal communications services. The company later became part of Deutsche Telekom and adopted the T-Mobile brand, then expanded through the MetroPCS merger, the Sprint acquisition, and later additions such as Mint Mobile and Ultra Mobile. The company offers wireless voice, messaging, data, fixed telephony, wireless broadband, broadband internet services, and IoT solutions across a broad U.S. customer base. T-Mobile centers its network strategy on nationwide 5G and related advanced network capabilities.
| 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 | - |
Nearby Major Retailers
Property Taxes
| Parcel Number | R605444 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $4,587,020 |
Property Taxes
Presented by
Prime 205 | 1010-1058 SE 96th Ave
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