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    520 Broadway Blvd Portland, TX 78374

    For Sale
    $627,692

    Retail property featuring a long-term lease and annual rental increases.

    Property size:
    2,209 SF
    Lot size:
    0.20 Acres

    Property Features for 520 Broadway Blvd

    General Information

    Size
    2,209 SF
    Lot size
    0.20 Acres

    Source: NNN Pro Group Agent Glen Kunofsky

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Property with Long-Term Lease

    This retail property features a long-term, 15-year lease structure. The lease includes annual rental increases, with the greater of 2% or uncapped CPI-based increases. The property benefits from a strong guarantee. The property is suitable for pet care, which is considered a recession-proof industry with consistent year-over-year consumer spending increases for almost three decades. The property has a size of 2209 square feet.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Portland
    County
    San Patricio
    State
    Texas
    Longitude
    -97.304502
    Latitude
    27.880803

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    FAQs

    What type of property is this?
    Retail space - Retail property featuring a long-term lease and annual rental increases.
    Where is this retail space located?
    The property is located at 520 Broadway Blvd Portland, TX.
    What is the asking price?
    The asking price for this property is $627,692.
    What are key features of this property?
    This property features: - Long-Term, 15-Year NN Lease provides stable investment opportunity.; - Greater of 2% Annual Rental Increases or Uncapped CPI-Based Increases helps maximize returns.; - Strong Guarantee ensures financial security.
    (332) 345-2408
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    520 Broadway Blvd Portland, TX 78374
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    Portland, TX 78374
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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
    520 Broadway Blvd Portland, TX 78374
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