1702 Hwy Portland, TX 78374
This exceptional retail storefront opportunity is located within the Esplanade at North Shore development in Portland, Texas. The property, built in 2011, offers 50,200 square feet of total building space, with 5,170 square feet currently vacant. Units are divisible to a minimum of 1,500 square feet, with a maximum contiguous space of 2,000 square feet available. Tenant finish-out is negotiable, providing flexibility for prospective tenants. The property boasts excellent visibility and accessibility from Highway 181, a major commercial thoroughfare in Portland, experiencing a daily traffic count of 40,000 vehicles. This strategic location benefits from a strong surrounding demographic, with a median household income of $70,555 and a median house value of $170,000. Situated at the entrance to the prestigious Northshore Residential and Golf Course development, the center enjoys a prime location alongside established businesses such as Wal-Mart, Chili's Bar & Grill, Marble Slab Creamery, KFC, Prosperity Bank, and IBC Bank. This presents a unique chance to establish a retail presence in a thriving commercial area of San Patricio County, Texas, with easy access and high visibility. The address is 1702 Highway 181, Portland, TX 78374.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
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