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55 NE Farragut St
Portland, OR 97211 Piedmont

$1,117 - $5,077 USD/MO

Warehouse For Lease  •  975+ SF

Property Details

  • Property Type Warehouse
  • Year Built 1912
  • Total Building Size 21,442 SF
  • Tenancy Multiple
  • Building Class C
  • Zoning EG2h, Portland
52 Transit Score
65 Walk Score

3 Spaces Available

Name Space Use Size Rent Details
1st Floor Ste 02 Flex 2,362 SF $13.54 USD/SF/YR
Available from Grid Property Management, LLC:

Click here to apply: https://tinyurl.com/GridCommercialApp

View the property website here: www.FarragutFactory.com

Office/Retail flex space available for lease in Inner NE Portland.

Located in the Piedmont neighborhood of inner NE Portland, the two-story building hosts a variety of office/retail, production, and manufacturing tenants. There are nine separate suites on-site ranging in size from 532 square feet to 6,539 square feet. The property's central location offers convenient access to I-5 and the greater Portland metro.

This suite is located on the street level of the building. The space features exposed brick and timber, soaring ceilings, and plenty of natural light. The suite is a total of 2,362 RSF.

The RSF of Suite 2 is split between an office unit and a flex/showroom space immediately next door. These suites are separated by a bathroom with a shower in between. This restroom is available for sole use by future tenants of Suite 2.

The suite has direct access to an additional shared restroom, high interior clearance, and two standard entry doors.

The suite has ample power, ample lighting, and gas heat.

Power: Information Pending

Lease Highlights:
• Base Rent: $16.25/SF/year or $3,198.54/month
• NNN Charges: $4.50/SF/year or $885.75/month
• All-In Rent: $4,084.29/month
• Annual Increase: 5% Increase in Base Rent

Move-In Special Details:
• Sign a lease for at least 24 Months
• Get FREE base rent for months 4 and 8 (save $6,397.08 in year one)
• Effective All-In Rent for Year 1 is $3,551.20/month after we apply the 2 months FREE base rent
• This is a limited-time offer for new tenants only and may end at any time.
• Tenants will still pay the standard all-in rent of $4,084.29/month in all months except 4 and 8, when base rent is waived. The savings in those two months reduce your total annual cost—resulting in an average or effective monthly rent of $3,551.20 in Year 1.

Tenants are responsible for their own electricity, gas, and garbage.

Serious inquiries only.

Courtesy to brokers.

  • Date available: Now
  • Lease term: Negotiable
  • Service type: Triple Net
  • Space Type: Relet
1st Floor Ste 06 Industrial 6,300 SF $9.67 USD/SF/YR
Available from Grid Property Management, LLC:

Click here to apply: https://tinyurl.com/GridCommercialApp

View the property website here: www.FarragutFactory.com

This industrial/office space available for lease in Inner NE Portland.

This suite is located in a two-story mixed-use office/retail and industrial building with a handful of other tenants.

The business park is located at 55 NE Farragut Street right off of N Lombard and MLK Jr. Blvd with close proximity to I-5.

Suite 6 is located on the ground floor of a warehouse style insulated building.

The suite is 6,300 RSF.

Suite 6 has high interior clearance, one (1) rollup door, and two standard entry doors, and a walk-in cooler. This current tenant uses this space as a beverage/food product production space. Suite 8 has direct access to shared bathrooms in the common corridor.

The suite has ample power, ample lighting, and gas heat.

Power: Information Pending

Parking: Tenant shall have the right to park up to 6 vehicles in East lot.

Lease Highlights:
• Base Rent: $11.60/SF/year or $6,090.00/month
• NNN Charges: $4.50/SF/year or $2,362.50/month
• All-In Rent: $8,452.50/month
• Annual Increase: 5% Increase in Base Rent

Move-In Special Details:
• Sign a lease for at least 24 Months
• Get FREE base rent for months 4 and 8 (save $12,180.00 in year one)
• Effective All-In Rent for Year 1 is $7,437.50/month after we apply the 2 months FREE base rent
• This is a limited-time offer for new tenants only and may end at any time.
• Tenants will still pay the standard all-in rent of $8,452.50/month in all months except 4 and 8, when base rent is waived. The savings in those two months reduce your total annual cost—resulting in an average or effective monthly rent of $7,437.50 in Year 1.

Tenants responsible for their own electricity, gas, and garbage.

Serious inquiries only.

Courtesy to brokers.

  • Date available: Now
  • Lease term: 2 Years
  • Service type: Triple Net
  • Space Type: Relet
1st Floor Ste 11 Industrial 975 SF $13.75 USD/SF/YR
Available from Grid Property Management, LLC:

Click here to apply: https://tinyurl.com/GridCommercialApp

View the property website here: www.FarragutFactory.com

Industrial warehouse space available for lease in Inner NE Portland.

This suite is located in a two-story mixed-use office/retail and industrial building with 8 other tenants.

55 NE Farragut Street is located right off of N Lombard and MLK Jr. Blvd, in the Piedmont neighborhood, with close proximity to I-5.

Suite 11 is located on the ground floor of a warehouse-style insulated building.  The suite is 975 RSF.

Suite 11 has high interior clearance, one (1) rollup door, and one standard entry door. The suite has mezzanine space available for additional storage and direct access to shared bathrooms. 

The suite has ample power, ample lighting, and gas heat.

Power: The Suite's power infrastructure will be confirmed soon.

Lease Highlights:
• Base Rent: $14.27/SF/year or $1,159.44/month
• NNN Charges: $4.50/SF/year or $365.63/month
• All-In Rent: $1,525.06/month
• Annual Increase: 5% Increase in Base Rent

Move-In Special Details:
• Sign a lease for at least 24 Months
• Get FREE base rent for months 4 and 8 (save $2,318.88 in year one)
• Effective All-In Rent for Year 1 is $1,482.81/month after we apply the 2 months FREE base rent
• This is a limited-time offer for new tenants only and may end at any time.
• Tenants will still pay the standard all-in rent of $1,525.06/month in all months except 4 and 8, when base rent is waived. The savings in those two months reduce your total annual cost—resulting in an average or effective monthly rent of $1,482.81 in Year 1.

Tenants are responsible for their own electricity, gas, and garbage.

Serious inquiries only. Courtesy to brokers.

  • Date available: Now
  • Lease term: Negotiable
  • Service type: Triple Net
  • Space Type: Relet

Description

View full marketing details at www.FarragutFactory.com
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. 
Serious inquiries only.  Courtesy to brokers.

Property Flyers

Amenities

  • Bus Line

Major Tenants

Tenant SF Occupied Lease End Date
Alchemy Arts Collective LLC
Amo Ironworks, LLC
Either Or, LLC, dba Tanglewood Beverage Company
Keep Trucking Garage
Mouser Electronics, Inc.
Portal Tea Company, LLC
Rebeckah Puppo Photography LLC
Skofin, LLC
Tustan, LLC

Public Transportation

Commuter RailDriveWalkDistance
10 min - 5.0 mi
13 min - 5.7 mi
AirportDriveWalkDistance
Portland International 17 min - 6.8 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 20
Type: Surface
Included in Rent: Yes
Kiely Sherier 888-673-9949 Grid Property Management LLC
Kiely Sherier 888-673-9949 Grid Property Management LLC