- For Lease $3,413.25 - $4,934.93/MO
- Property Type Industrial
- Property Size 22,157 SF
- Lot Size 0.5 Acre
- Date Updated Apr 22, 2024
The Farragut Factory Business Center is located at 55 NE Farragut Street in Portland, OR. The property consists of one building that comprises approximately 22,157 square feet of leasable space.
Located in the Piedmont neighborhood of inner NE Portland, the two-story building hosts a variety of office, retail, production, and manufacturing businesses. The property is centrally located and offers tenants quick access to I-5 and the larger Portland metro. There are nine separate suites located on-site ranging in size from 532 square feet to 6,539 square feet.
The lease rates for all suites are as shown in the suite-level detail pages below. Each tenant will also pay their own garbage, electricity, and natural gas.
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Attachments
Highlights
- The Farragut Factory Business Center is located at 55 NE Farragut Street in Portland, OR.
- Ample Parking
- Ample Water
- High Ceiling Clearance
- 1 Building
- Ample Power
- 24 Hour Access
- Quick Freeway Access
- Drive Ins
- Roll Up Doors
- 24 Hour Access
True
Spaces Available
Suite 07 |
Parking: Tenant shall have the right to park up to 4 vehicles in East lot. This suite is located in a two-story mixed-use office/retail and industrial building with a handful of other tenants. Suite 7 is located on the ground floor of a warehouse style insulated building. One-year minimum lease. Extensions beyond one year are available. The first-year base rent rate is $13.25 per year per square foot ($3,790.60 per month), plus $4.00 per year per square foot pro-rata allocation of triple net (NNN) costs ($1,144.33), resulting in all-in lease costs of $17.25 per year per square foot or ($4,934.93 per month) for year 1 with 5% annual increases on base rent.
HVAC Maintenance: HVAC maintenance and repair will be the responsibility of the owner.
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Suite 9&10 |
The suite has direct access to shared bathrooms, high interior clearance, two (2) roll-up doors and two standard entry doors. The first-year base rent rate is $14.00 per year per square foot ($3,647.56 per month), plus $4.50 per year per square foot pro-rata allocation of triple net (NNN) costs ($1,287.38), resulting in all-in lease costs of $18.50 per year per square foot or ($3,413.25 per month) for year 1 with 5% annual increases on base rent. View the property website here: www.FarragutFactory.com Tenants responsible for their own electricity, gas, and garbage.
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Contacts
Kiely Kreitzberg
Grid Property Management
(503) 509-1190
Location
Getting Around
-
Walk Score ®
Somewhat Walkable (67) -
Transit Score ®
Good Transit (52) -
Bike Score ®
Very Bikeable (85)
- City Portland, OR
- Neighborhood Piedmont
- Zip Code 97211
Points of Interest
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North Lombard Transit Center
0.81 miles
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Kenton/North Denver Avenue
1.02 miles
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Rosa Parks
1.05 miles
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North Killingsworth Street
1.42 miles
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Delta Park/Vanport
1.49 miles
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New Rose City Cab Company
1.63 miles
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North Prescott Street
1.88 miles
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Expo Center
2.03 miles
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Overlook Park
2.27 miles
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Albina/Mississippi
2.82 miles
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Space Age
0.23 miles
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Pacific Pride
0.28 miles
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Demara
0.67 miles
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Astro
0.79 miles
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Shell
0.85 miles
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Shell
1.01 miles
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Arco
1.02 miles
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Chevron
1.06 miles
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76
1.17 miles
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Jubitz
1.19 miles
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Lot 1
1.12 miles
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Lot 2
1.17 miles
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Lot 4
1.23 miles
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Lot 5
1.26 miles
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Lot 3
1.27 miles
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Lot 6
1.28 miles
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Lot 7
1.30 miles
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U-Park
1.54 miles
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Overflow Parking
1.81 miles
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Island Cove
1.93 miles
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Fred Meyer
0.79 miles
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Safeway
0.98 miles
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New Seasons Market
1.07 miles
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Walmart Supercenter
1.28 miles
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Cherry Sprout
1.41 miles
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Natural Grocers
1.41 miles
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Green Zebra Grocery
1.56 miles
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Alberta Co-op
1.63 miles
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Don Pancho
1.76 miles
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New Seasons Market
2.14 miles
Contact Listing Broker
Kiely Kreitzberg
Grid Property Management
(503) 509-1190
