6095 Tualatin Valley HwyHillsboro, OR 97123

Property Details for 6095 Tualatin Valley Hwy

Year built

1999

Lot size

2.70 AC

Property size (Sq ft)

39,874 SF

Zone code

C-G

Property type

Retail properties

Property subtype

Other individual retail properties

APN

1S210BD-01301

APU

1S210BD01301

Description

This 1,833 square foot retail space, located at 6095 SE Tualatin Valley Hwy in Hillsboro, Oregon (zip code 97123), is situated within an existing 24 Hour Fitness gym. The space, formerly a children's club, is ideally suited for a variety of health, wellness, and fitness-related businesses. Potential uses include, but are not limited to: physical therapy, sports rehabilitation, chiropractic services, massage therapy, martial arts, boxing, self-defense, weight loss programs, health screenings, and the sale of related products such as workout apparel and health supplements. A grab-n-go prepackaged food option might also be considered. Suitable uses also include children's learning centers focused on physical development and enrichment (excluding full-time daycare). The space is a single-tenant occupancy within Washington County's Portland submarket. Rent includes common area maintenance, property taxes, and utilities (excluding phone, cable, and internet). Note: Uses involving on-site food and beverage preparation, full-time daycare, and pole dancing classes are not permitted.

• CAP approach

  CAP return

  Valuation

  6%

  $13,331,266

  6.5%

  $12,305,784

  7%

  $11,426,799

• Comparable approach

  Method

  Valuation

  Relative Method

  $19,845,930

  Geo Method

  $19,350,916

• Alternative Use

  Use

  Valuation

  Residential

  $10,380,389

  Hospitality

  $9,508,381

  Educational

  $7,910,861

  Medical

  $8,182,928

  Retail

  $12,305,784

Location Insight

City

Hillsboro

County

Washington

State

Oregon

Latitude

45.5001

Longitude

-122.92

CBSA code

38900

CBSA name

PORTLAND-VANCOUVER-BEAVERTON, OR-WA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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