LOCATION
55 NE Farragut Street, Suite 6, Portland, OR – off N Lombard and MLK Jr. Blvd, Inner NE Portland
Located at Farragut Factory just off N Lombard and MLK Jr. Blvd with close proximity to I-5 and convenient access throughout the Portland metro. Ideal for industrial, warehouse, storage, light manufacturing, service, or production businesses.

PROPERTY OVERVIEW

Farragut Factory is a two-story mixed-use building hosting a variety of office/retail and industrial tenants. Suite 6 is located on the ground floor of a warehouse-style insulated building. The suite features high interior clearance, a rollup door, and excellent functionality for industrial and production uses.

SPACE DETAILS
• Rentable Area: 6,300 RSF (ground-floor warehouse suite)
• Building Type: Warehouse-style insulated construction with high ceilings
• Ceiling Height: High interior clearance
• Entry Doors: One (1) rollup door + two (2) standard entry doors
• Restrooms: Shared restrooms via common corridor
• Heating: Gas heat
• Lighting: Ample throughout
• Power: Ample
• Parking: Up to 6 vehicles in East lot

LEASE TERMS
• Base Rent: $10.73/SF/year ($5,633.25/month)
• NNN Charges: $4.50/SF/year ($2,362.50/month)
• All-In Rent: $7,995.75/month
• Minimum Term: 24 months (extensions available)
• Annual Increase: 3% increase of Base Rent
• Lease Type: NNN
• Utilities: Tenant is responsible for electricity, gas, and garbage.

KEY AMENITIES
• High interior clearance – excellent vertical space for industrial use
• Rollup door for wide load access
• Two additional standard entry doors
• Ground-floor warehouse suite – easy access, no stairs
• Warehouse-style insulated construction – solid and functional
• Shared restrooms accessible via common corridor
• Gas heat
• 6-vehicle parking in East lot
• Prime inner NE Portland location – just off N Lombard and MLK Jr. Blvd, close to I-5

MOVE-IN SPECIAL
• New Tenants Only – Limited-Time Offer
• FREE base rent for months 4, 8 and 12. That's a savings of $16,899.75 in Year 1.
• Base rent increase in year two of the Lease will be 0% instead of 3%

Inquiries
• Serious inquiries only. Broker courtesy extended.