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    2600 98Th Ave Portland, OR 97266

    Sponsored
    For Lease
    $15 SF/Yr

    15,509 SF Class A Office, Portland, OR

    Lot size:
    29,856 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 15,509-square-foot Class A office space is available for lease at Centre 205, located at 2600 SE 98th Ave, Portland, OR 97266. Situated on a 1.93-acre lot, this two-story building boasts an inviting and modern lobby and offers exterior signage opportunities. The space, encompassing the entire second floor, is ideally suited for a variety of uses, including traditional office, executive office, coworking, and educational settings. Currently configured with eleven classrooms and two private offices, this versatile space provides ample room for customization. The lease rate is reduced to $15.00 per square foot, full-service. The initial lease term is available from September 1, 2024, to March 31, 2026, with the owner open to negotiating a longer-term agreement. Building amenities include elevators. The property features a single tenancy and is part of a larger 29,856-square-foot building constructed in 1990. The property's APN is R239355. Cross street is SE Division. This prime Portland location offers excellent visibility and accessibility.

    Property Features for 2600 98Th Ave

    General Information

    Property type
    Schools
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    29,856 SF
    Class
    A
    Total Rate
    37320

    Building Details

    Year Built
    1990
    Buildings
    1
    Stories
    2

    Unit(s) available at that property

    Space
    Size
    15,509 SF
    Rate per SF
    $15

    HighLights

    • 15,509 SF of Class A office space available for lease in Portland, OR.
    • The space features eleven classrooms and two private offices, adaptable for various uses.
    • Ample free on‑site parking is provided.
    • High‑quality Class A finishes throughout.
    • Excellent visibility and exterior signage opportunity along I‑205.
    Property Profile Location Intelligence

    Current Use by Public Records

    US Fish & Wildlife ... Federal Government Office Warner Pacific University ... University CENTRE 205 Business Center

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon 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
    Portland
    County
    Washington
    State
    Oregon
    Longitude
    -122.5628293768
    Latitude
    45.503865649657

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    FAQs

    What type of property is this?
    School - 15,509 SF Class A Office, Portland, OR
    Where is this school located?
    The property is located at 2600 98Th Ave Portland, OR.
    What is the lease rate?
    The lease rate is $15 SF/Yr.
    What are key features of this property?
    This property features: 15,509 SF of Class A office space available for lease in Portland, OR.; The space features eleven classrooms and two private offices, adaptable for various uses.; Ample free on-site parking is provided.
    Request Owner's contact information
    2600 98Th Ave Portland, OR 97266
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    Portland, OR 97266
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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
    2600 98Th Ave Portland, OR 97266
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