True
Space Available For Lease 1
Suite 07 |
The first-year base rent rate is $11.00 per year per square foot ($3,146.92 per month), plus $4.50 per year per square foot pro-rata allocation of triple net (NNN) costs ($1,287.38), resulting in all-in lease costs of $15.50 per year per square foot or ($4,434.29 per month) for year 1 with 5% annual increases on base rent.
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Contacts
Grid Property Management
Property Details
- Property Type Industrial
- Property Size 22,157 SF
- Lot Size 0.5 Acre
- Additional Rent Contact for pricing
- Date Updated Nov 19, 2024
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.
Reach out to the broker for more info on lease terms and amenities
Highlights
- The Farragut Factory Business Center is located at 55 NE Farragut Street in Portland, OR.
- Ample Parking
- Ample Water
- High Ceiling Clearance
- 1 Building
- Ample Power
- 24 Hour Access
- Quick Freeway Access
- Drive Ins
- Roll Up Doors
- 24 Hour Access
Attachments
Getting around
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Walk Score ®
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Transit Score ®
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Bike Score ®
Location
- City Portland, OR
- Neighborhood Piedmont
- Zip Code 97211
Points of Interest
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Kenton/North Denver Avenue
1.02 miles
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New Rose City Cab Company
1.63 miles
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Northeast Weidler & 2nd
3.13 miles
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Northeast Weidler & Grand
3.14 miles
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Northeast Grand & Multnomah
3.32 miles
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Northeast 7th & Holladay
3.40 miles
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Northwest 10th & Northrup
3.43 miles
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Northwest Northrup & 12th
3.44 miles
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Northwest Northrup & 14th
3.47 miles
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Northwest 11th & Marshall
3.47 miles
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Space Age
0.23 miles
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Pacific Pride
0.28 miles
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Demara
0.67 miles
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Electrify America
0.72 miles
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Astro
0.79 miles
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Blink
0.91 miles
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Arco
1.02 miles
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Chevron
1.06 miles
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76
1.17 miles
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Jubitz
1.19 miles
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JLE Truckwashing
0.88 miles
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Car Wash Advanced System
1.15 miles
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Blue Beacon Truck Wash
1.27 miles
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Eco Car Wash
2.21 miles
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Splash-n-Dash Car Wash
2.33 miles
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Washman
3.17 miles
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Shell
3.51 miles
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Enterprise
3.57 miles
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SIXT
3.60 miles
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Dollar
3.60 miles
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Carl's Jr.
0.18 miles
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Javier's Taqueria
0.19 miles
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Jack in the Box
0.21 miles
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McDonald's
0.22 miles
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Sparky's Pizza
0.26 miles
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Taco Bell
0.28 miles
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Yummy Mongolian BBQ
0.30 miles
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Teriyaki Heaven
0.32 miles
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Mi Burrito
0.49 miles
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Casa Zoraya
0.51 miles
55 NE Farragut Street Portland Listing Brief
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The rental rate for available space here starts at $4,434.29. The asking price for this type of property can vary based on the location of the asset, as proximity to transportation hubs, access to highways or ports plays a key role in the building's valuation. Other factors that influence cost are the property age, its quality rating (building class or property class), as well as its on-site facilities and features.
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A single-tenant industrial space is typically ideal for businesses or organizations that require exclusive and dedicated use of the entire facility. This type of space suits industries or activities that demand specialized infrastructure, privacy, and control over the entire premises.
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Reach out to listing brokers or property representatives using the contact form available on this page, to find out more about climate control and other essential systems at this property. Climate control is typically used in industrial buildings where businesses store items that are susceptible to temperature and humidity damage, such as food, pharmaceuticals, paper, textiles, and electronics.
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.
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