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Freestanding Bank Building with Drive-Through
For Lease
$11,900/Mo

1031 Us Highway, Portland, TX 78374

CommercialLease, Portland, TX

Space SizeContact for details
Lot Size1.09 Acres
Days on Market234

Property Features for 1031 Us Highway

General Information

Property type Commercial Lease
Property subtype Office
Bathrooms 4
Full bathrooms 4
Rooms Bathroom 4, Bathroom 1, Bathroom 2, Bathroom 3
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
floor-to-ceiling glass
teller line
vault
drive-through lanes
ATM lane
conference rooms
break area
network/server room

Building Details

Year built 1974
Floors in Building 2
Flooring type Carpet, Tile
Building materials Concrete
Listing Agency: Mirabal Montalvo & Associates
Listed By: James Mirabal · License #0481796
Added: Feb 15 Changed: Oct 3 Last Checked: Oct 7 at 5:06PM
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 6,461-square-foot freestanding bank building occupies 1.09 acres in Portland and was constructed in 1974 with concrete materials. The two-story layout includes a grand lobby, teller line, secure vault area, private offices, open work areas, storage, conference rooms, restrooms, a break area, mechanical room, and dedicated network/server room. Carpet and tile flooring are installed, with central air and electric heat. A covered drive-through component provides three drive-through lanes plus a dedicated ATM lane, while paved parking areas serve both the front and rear of the property. Roll-down storm shutters are also present.

The property fronts approximately 186 feet along U.S. Highway 181, where traffic counts exceed 40,000 vehicles per day. Its Portland setting places the building along a corridor with established retail and service users. The existing bank configuration can support financial, professional office, call-center, or general retail operations, subject to applicable requirements.

Key Highlights

  • 6,461‑square‑foot two‑story concrete bank building on 1.09 acres
  • Approximately 186 feet of frontage along U.S. Highway 181
  • Traffic counts exceed 40,000 vehicles per day on U.S. 181

Property Analytics

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Current Use

Banks

Lease Details

40,000 VPD
Traffic count
Single-tenant
Tenancy
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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
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Frequently Asked Questions

What type of property is this?
Bank - Two-story concrete bank facility with private offices, conference rooms, secure areas, and customer-oriented drive-through circulation.
Where is this bank 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 two‑story concrete bank building on 1.09 acres; Approximately 186 feet of frontage along U.S. Highway 181; Traffic counts exceed 40,000 vehicles per day on U.S. 181
More about this property
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