- For Lease $10.00 - $15.85/SF/YR
- Property Type Industrial
- Property Size 22,157 SF
- Lot Size 0.5 Acre
- Date Updated May 11, 2026
Description
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.
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
True
3 Spaces Available
Suite 03
Flex Space
$15.85/SF/YR
1,739 SF
$4.85/SF/YR
Industrial-Business Park, Manufacturing
1,739 - 1,739 SF
Immediate
NNN
From 2 To 2 Years
Yes
No
Partial build out
03
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.
LEASE TERMS
• Base Rent: $15.85/SF/year ($2,296.93/month)
• NNN Charges: $4.85/SF/year ($702.85/month)
• All-In Rent: $2,999.78
• 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.
Move-In Special
• New Tenants Only – Limited-Time Offer
• FREE base rent for months 4, 8 and 12. That's a savings of $6,890.79 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.
Click here to apply:
Suite 06
Warehouse
$10.00/SF/YR
6,300 SF
$4.85/SF/YR
Flex Space, Manufacturing, R & D
6,300 - 6,300 SF
Immediate
NNN
From 2 To 2 Years
Yes
No
Partial build out
06
LOCATION
55 NE Farragut Street, Suite 6, Portland, OR – off N Lombard and MLK Jr. Blvd, Inner NE Portland
Located at Farragut Factory just off N Lombard and MLK Jr. Blvd with close proximity to I-5 and convenient access throughout the Portland metro. Ideal for industrial, warehouse, storage, light manufacturing, service, or production businesses.
PROPERTY OVERVIEW
Farragut Factory is a two-story mixed-use building hosting a variety of office/retail and industrial tenants. Suite 6 is located on the ground floor of a warehouse-style insulated building. The suite features high interior clearance, a rollup door, and excellent functionality for industrial and production uses.
LEASE TERMS
• Base Rent: $10.00/SF/year ($5,250.00/month)
• NNN Charges: $4.85/SF/year ($2,546.25/month)
• All-In Rent $7,796.25/month
• 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.
MOVE-IN SPECIAL
• New Tenants Only – Limited-Time Offer
• FREE base rent for months 4 and 8 and 12. That's a savings of $15,750.00 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.
• Click here to apply:
Suite 08
Warehouse
$14.65/SF/YR
2,293 SF
$4.85/SF/YR
Flex Space, Industrial-Business Park, Manufacturing, R & D
2,293 - 2,293 SF
May 15, 2026
NNN
From 2 To 2 Years
Yes
No
Partial build out
08
LOCATION
55 NE Farragut Street, Suite 8, Portland, OR – Piedmont Neighborhood, Inner NE Portland
Located at Farragut Factory just off N Lombard and MLK Jr. Blvd in the Piedmont neighborhood with close proximity to I-5 and convenient access throughout the Portland metro. Ideal for food or beverage production, industrial, warehouse, storage, light manufacturing, service, or production businesses.
PROPERTY OVERVIEW
Farragut Factory is a two-story mixed-use building hosting a variety of office/retail and industrial tenants. Suite 8 is located on the ground floor of a warehouse-style building. The suite features high interior clearance, a rollup door, and a walk-in cooler — making it well-suited for food and beverage production or similar uses. The current tenant operates a beverage/food product production business out of this space.
LEASE TERMS
• Base Rent: $14.65/SF/year ($2,799.37/month)
• NNN Charges: $4.85/SF/year ($926.7/month)
• All-In Rent: $3,726.13/month
• 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.
MOVE-IN SPECIAL
• New Tenants Only – Limited-Time Offer
• FREE base rent for months 4 and 8. That's a savings of $5,598.74 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.
• Click here to apply:
Contacts
Grid Property Management
Location
Located at 55 NE Farragut Street Portland, Portland, OR 97211, this property is part of the Piedmont neighborhood.
Grid Property Management
