True
Space Available For Lease 2
Suite 07 |
Parking: Tenant shall have the right to park up to 4 vehicles in East lot. This suite is located in a two-story mixed-use office/retail and industrial building with a handful of other tenants. Suite 7 is located on the ground floor of a warehouse style insulated building. One-year minimum lease. Extensions beyond one year are available. The first-year base rent rate is $13.25 per year per square foot ($3,790.60 per month), plus $4.00 per year per square foot pro-rata allocation of triple net (NNN) costs ($1,144.33), resulting in all-in lease costs of $17.25 per year per square foot or ($4,934.93 per month) for year 1 with 5% annual increases on base rent.
HVAC Maintenance: HVAC maintenance and repair will be the responsibility of the owner.
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Suite 9&10 |
The suite has direct access to shared bathrooms, high interior clearance, two (2) roll-up doors and two standard entry doors. The first-year base rent rate is $14.00 per year per square foot ($3,647.56 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 $18.50 per year per square foot or ($3,413.25 per month) for year 1 with 5% annual increases on base rent. View the property website here: www.FarragutFactory.com Tenants responsible for their own electricity, gas, and garbage.
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Contacts
Kiely Kreitzberg
Grid Property Management
(503) 509-1190
Property Details
- Property Type Industrial
- Property Size 22,157 SF
- Lot Size 0.5 Acre
- Date Updated Apr 22, 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.
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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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North Lombard Transit Center
0.81 miles
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Kenton/North Denver Avenue
1.02 miles
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Rosa Parks
1.05 miles
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North Killingsworth Street
1.42 miles
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Delta Park/Vanport
1.49 miles
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New Rose City Cab Company
1.63 miles
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North Prescott Street
1.88 miles
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Expo Center
2.03 miles
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Overlook Park
2.27 miles
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Albina/Mississippi
2.82 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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Astro
0.79 miles
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Shell
0.85 miles
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Shell
1.01 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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Zipcar
1.53 miles
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Chevron
1.60 miles
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Eco Car Wash
2.21 miles
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Zipcar
3.12 miles
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Washman
3.17 miles
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Hertz
3.18 miles
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Enterprise
3.57 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 $3,413.25. 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.
Multi-tenant space is ideal for businesses that need smaller spaces or that want to share the property with other businesses. The property has a variety of smaller units available, ranging in size from 2,214 to 3,433 square feet.
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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.
In-Depth Research Available for this Property
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.
Contact Listing Broker
Kiely Kreitzberg
Grid Property Management
(503) 509-1190