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Freestanding Two-Story Office Building
For Lease
$11,900/Mo

1031 Us Highway, Portland, TX 78374

CommercialLease, Portland, TX

Space SizeContact for details
Lot Size1.09 Acres
Days on Market205

Property Features for 1031 Us Highway

General Information

Property type Commercial Lease
Property subtype Office
Bathrooms 4
Full bathrooms 4
Rooms Bathroom 1, Bathroom 3, Bathroom 2, Bathroom 4
Parking 48
Parking features Off Street
Subdivision PORTLAND PLAZA
Lot features Interior Lot
Elementary school East Cliff
Middle school Gregory Portland
High school Gregory Portland
Elementary school district Gregory Portland ISD
Middle school district Gregory Portland ISD
High school district Gregory Portland ISD
Standard status Active
APN 69582
Size 6,461 SF
Lot size 1.09 Acres

Taxes and HOA fees

Tax Description PORTLAND PLAZA UNIT D LOT 1
Legal Description PORTLAND PLAZA UNIT D LOT 1

Utilities

Heating system Electric (Heating), Central
Cooling system Central Air

Amenities

roll-down storm shutters
grand lobby
teller line
vault
drive-through
ATM lane

Building Details

Year built 1974
Floors in Building 2
Flooring type Tile, Carpet
Building materials Concrete
Listing Agency: Mirabal Montalvo & Associates
Listed By: James Mirabal · License #0481796
Added: Feb 15 Changed: Sep 3 Last Checked: Sep 8 at 4:06AM
MLS# 471667

Copyright © 2026 South Texas Multiple Listing Service, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This freestanding office property contains 6,461 square feet within a solid concrete building constructed in 1974. The two-story layout includes private offices, open work areas, conference rooms, storage, restrooms, a break area, mechanical space, and a dedicated network/server room. A high-ceiling lobby with extensive glass, an existing teller line, and a secure vault add distinctive infrastructure that may support a range of office configurations. Tile and carpet flooring, central air, and electric heat are in place.

The 1.09-acre property fronts U.S. Highway 181 in Portland, with approximately 186 feet of frontage and reported traffic exceeding 40,000 vehicles per day. Paved parking areas serve both the front and rear of the building. The covered drive-through includes three lanes plus a separate ATM lane, providing an established circulation pattern for customer-facing operations. Roll-down storm shutters are installed for hurricane protection.

Key Highlights

  • 6,461‑square‑foot freestanding office building on 1.09 acres
  • Approximately 186 feet of frontage along U.S. Highway 181
  • Traffic counts reported at more than 40,000 vehicles per day

Property Analytics

Current Use

Office buildings

Lease Details

Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type
$3.32 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2
Businesses Nearby

Demographics for 78374, TX

20,281
Population
8,426
Households
2.4
Avg Household Size
35
Median Age
25%
College-Educated
92%
High-School Grad
18.6 sq mi
ZIP Area
1,090
Density / Sq Mi
$81,580
Median Household Income
$43,110
Median Earnings
$1,492
Median Rent
$225,800
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office building - Former bank facility with flexible office areas, paved parking, and covered drive-through access.
Where is this office building located?
The property is located at 1031 Us Highway Portland, TX.
What is the lease rate?
The lease rate is $11,900/Mo.
What are key features of this property?
This property features: 6,461‑square‑foot freestanding office building on 1.09 acres; Approximately 186 feet of frontage along U.S. Highway 181; Traffic counts reported at more than 40,000 vehicles per day
More about this property
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