Industrial warehouse space available for lease in Inner NE Portland.

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

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 8 is located on the ground floor of a warehouse-style building. The suite is 2,293 RSF.

Suite 8 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: The Suite's power infrastructure will be confirmed soon.

Lease Highlights:
• Base Rent: $15.00/SF/year or $2,866.25/month
• NNN Charges: $4.50/SF/year or $859.88/month
• All-In Rent: $3,726.13/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 $5,732.50 in year one)
• Effective All-In Rent for Year 1 is $3,248.42/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 $3,726.13/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 $3,248.42 in Year 1.

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

Serious inquiries only. Courtesy to brokers.