Available from Grid Property Management, LLC:

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.

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

First-year base rent rate is $16.75 per year per square foot ($1,360.94 per month), plus $4.00 per year per square foot pro-rata allocation of triple net (NNN) costs ($325.00), resulting in all-in lease costs of $20.50 per year per square foot ($1,685.94/ 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.