Available from Grid Property Management, LLC:

Charming Office/Studio Flex Space For Lease - Inner NE Portland - 951 sqft

The Farragut Factory Business Center located at 55 NE Farragut Street consists of one building comprising 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 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.

Suite 04 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 951 square feet.

Suite 04 features an open floor plan and a small office build-out. The suite has access to shared bathrooms and a shared mailroom.

Suite 04 has ample power, ample lighting, and gas heat.

Power: Details pending.

One-year minimum lease. Extensions beyond one year are available.

The first-year base rent rate is $17.65 per year per square foot ($1, $1,398.76 per month), plus $4.00 per year per square foot pro-rata allocation of triple net (NNN) costs ($317.00), resulting in all-in lease costs of ($1,755.39 per month) for year 1 with 5% annual increases on base rent.

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

Serious inquiries only. Courtesy to brokers.