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    1006-1018 Us Highway 181 Portland, TX 78374

    For Lease
    $12 SF/Yr

    High-traffic storefront, 4,025 SF available

    Lot size:
    67,903 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This Portland, Texas retail property, located at 1006-1018 US Hwy 181 W, offers 4,025 square feet of vacant space within a larger 67,903 square foot building. The property boasts excellent highway frontage and visibility on US Highway 181, with approximately 48,000 vehicles passing daily (based on 2012 TXDOT data). It's a multi-tenant building with strong anchor tenants including O'Reilly Auto Parts and Rock's Gym. The location benefits from high traffic counts and proximity to other established retailers and restaurants such as CVS Pharmacy, Walmart Supercenter, Chick-fil-A, H-E-B, Freddy's Frozen Custard & Steakburgers, Big Lots, McAlister's Deli, Denny's, and a soon-to-open Target. The available space is 4,025 square feet and will be available for occupancy in October 2024. The lease is a NNN (Net, Net, Net) structure with a rate of $3.50 per square foot. This property presents a compelling opportunity for businesses seeking high visibility and strong foot traffic in a thriving retail corridor. The property is situated at the intersection of US Highway 181 and Wildcat Drive in Portland, Texas, zip code 78374.

    Property Features for 1006-1018 Us Highway 181

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    67,903 SF
    Total Rate
    67903

    Building Details

    Buildings
    1

    Unit(s) available at that property

    Space
    Available Oct 2024
    Size
    5,683 SF
    Rate per SF
    $12

    HighLights

    • High‑traffic corner location with excellent street frontage.
    • Convenient highway access for easy commuting.
    • Exceptional visibility for maximum brand exposure.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Auto Repair Shop Hair Salon Clothing Store Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Portland
    County
    San Patricio
    State
    Texas
    Longitude
    -97.3206883
    Latitude
    27.8789361

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    FAQs

    What type of property is this?
    Individual retail property - High-traffic storefront, 4,025 SF available
    Where is this individual retail property located?
    The property is located at 1006-1018 Us Highway 181 Portland, TX.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    What are key features of this property?
    This property features: High-traffic corner location with excellent street frontage.; Convenient highway access for easy commuting.; Exceptional visibility for maximum brand exposure.
    Request Owner's contact information
    1006-1018 Us Highway 181 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
    1006-1018 Us Highway 181 Portland, TX 78374
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