$1,371 / 975ft2 - Industrial Warehouse Flex Space Available - 975 sqft - Inner NE Portla (Portland)

Industrial Warehouse Flex Space Available - 975 sqft - Inner NE Portland Property Address 55 NE Farragut Street - Suite 11 | Portland, OR Available: Now Offered By Grid Property Management, LLC Description Available from Grid Property Management, LLC: 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. Lease Highlights: • Base Rent: $16.50/SF/year or $1,340.63/month • NNN Charges: $4.50/SF/year or $365.63/month • All-In Rent: $1,706.25/month • Annual Increase: 5% Increase in Base Rent Move-In Special Details: • Sign a lease for at least 24 Months • Get FREE base rent for months 4, 8, and 12 (save $4,021.89 in year one) • Effective All-In Rent for Year 1 is $1,371.09/month after we apply the 3 months FREE base rent •This is a limited time offer for new tenants only and may end at any time. • Tenants will still pay the standard all-in rent of $1,706.25/month in all months except 4, 8, and 12 when base rent is waived. The savings in those three months reduce your total annual cost—resulting in an average or effective monthly rent of $1,371.09 in Year 1. Tenants are responsible for their own electricity, gas, and garbage. Serious inquiries only. Courtesy to brokers. Amenities High Ceiling Clearance 1 Drive-In Door Mezzanine Space Details Square Feet: 975 Lease Type: NNN Rental Terms Rent: $1,371.09 Rent / SF: $16.87 /yr Available: Now Security Deposit: $2,500.00