$2,799 / 1739ft² - FOR LEASE: Spacious Office/Flex Space - Vaulted Ceilings - Exposed Bri (Portland)

LOCATION
55 NE Farragut Street - Suite 3, Portland, OR 97211
Located in the Piedmont neighborhood of inner NE Portland, the two-story building hosts a variety of office/retail, production, and manufacturing tenants with convenient access to I-5 and the greater Portland metro.

PROPERTY OVERVIEW
The Farragut Factory comprises of nine separate suites ranging in size from 532 square feet to 6,539 square feet.

SPACE DETAILS
• Rentable Area:Rentable Area: 1,739 RSF (street-level suite)
• Building Type: Two-story mixed-use building with exposed brick and timber construction
• Ceiling Height: High interior clearance
• Entry Doors: One (1) standard entry door
• Restrooms: One (1) private restroom + access to shared restroom
• Heating: Gas heat
• Lighting: Ample throughout

LEASE TERMS
• Base Rent: $14.47/SF/year ($2,096.94/month)
• NNN Charges: $4.85/SF/year ($702.85/month)
• All-In Rent: $2,799.79/month
• Security Deposit: $3,400.00
• Minimum Term: 24 months (extensions available)
• Annual Increase: 3% increase of Base Rent
• Lease Type: NNN
• Utilities: Tenant is responsible for electricity, gas, and garbage.

KEY AMENITIES
• Soaring interior ceiling height – dramatic, open feel
• Exposed brick and timber – distinctive character throughout
• Abundant natural light
• Private restroom plus access to shared restroom
• Street-level suite with direct entry
• Gas heat
• Central Piedmont location – easy access to I-5 and Portland metro

Move-In Special
• New Tenants Only – Limited-Time Offer
• FREE base rent for months 4, and 8. That's a savings of $4,193.88 in Year 1.
• Base rent increase in year two of the Lease will be 0% instead of 3%

INQUIRIES
Serious inquiries only. Broker courtesy extended.

• Square Feet: 1,739
• Commercial Type: Office

• Rent: $2,799.79
• Rent / SF: $19.32 /yr
• Available: Now