Prime 205
1026 SE 96TH AVE | PORTLAND, OR
Carrington College just signed a BRAND NEW 10-Year Lease!
Located directly off I-205 with exceptional visibility, Prime 205 is a unique opportunity to acquire a stabilized retail asset anchored by Carrington College (occupying 64%+ of the property). Paired with a separately available development lot in a designated Opportunity Zone, this offering blends secure income with long-term investment potential.
RETAIL INVESTMENT
Investment Highlights:
Brand New 10-Year Lease with Carrington College
64% Occupancy by Anchor Tenant, Carrington College = Strong In-Place Cash Flow
$699K Development Lot Available in an Opportunity Zone
Excellent Highway Visibility off I-205 with high VPD
Adjacent to Target, Home Depot, and dozens of national retailers
Easy access via freeway on/off ramps
Strong NE Portland location with consistent tenant demand
Why Invest in Prime 205?
With a long-term national tenant in place, prime freeway exposure, and the chance to capitalize on Opportunity Zone tax benefits, Prime 205 is the kind of investment that rarely comes to market.
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Building…..26,056 SF
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List Price…..$6,620,000
Price per SF….. $254.10
Cap Rate….. 6.25%
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FOR SALE… Accepting Offers
Lead Advisor Justin Poor
