




$2,175
NAL Estimated Property Value321 5th Avenue, Portland, TX, 78374
About this property
Previously home to businesses like a Law Firm and the Main Offices of an Oil-and-Gas company, this COMMERCIAL property FOR LEASE is right across the street from Portland's City-acquired block in the heart of the new Leisure & Entertainment District. (You may have seen Community Events in the last several months such as Families on Fifth concert series, the Cinco de Mayo Festival, an Easter Egg hunt and gathering, and more.) This unit at 321 5th is comprised of around ~1450 SF of office space including 4 individual offices, a reception/waiting area, 2 separate "open" areas, a kitchenette, and restroom. (SEE separate listing for OPTIONAL attached garage space.) This is a GROSS lease except electricity, and NO assessments for NNN. Water/Sewer/Trash is INCLUDED in rent amount; NO Dumpsters allowed on property. Tenant is responsible for electricity for this unit, and any other items like internet, cable, or security systems, if desired.
Financing Details
Learn About the Market: Opportunity in Texas




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Texas
Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.
Population Growth
~1.3% annually
Net Migration
Positive
Median Home Price
$283,800
Unemployment Rate
4.3%
Price Trend
Flat
New Permits
158,121
City: Portland
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