1236 TEAKWOOD AVE, Coos Bay, OR 97420

  • $6,400,000

Overview

  • 15152 Sqft
    Property Size
  • 2024
    Year Built
  • Income, Commercial Sale
    Property Type
  • 195155383
    MLS#
  • 0.96 Acres
    Land Area
  • Pacific Properties
    Office Name
  • Joel Sweet
    Agent Name

Description

We are pleased to present the opportunity to acquire an institutional-quality net leased asset occupied by Planet Fitness, one of the nation’s largest and fastest-growing fitness center operators with exceptional brand recognition and a proven operating platform. Located within Teakwood Plaza in Coos Bay, Oregon, this newly constructed 15,000-square-foot facility occupies a premier position within the region’s dominant retail destination. The property is strategically situated alongside Tru Furniture and the newly developed TJ Maxx, creating a synergistic retail environment that attracts consistent consumer traffic from throughout Oregon’s South Coast. Teakwood Plaza represents an irreplaceable big-box retail development positioned along U.S. Highway 101 with outstanding bi-directional frontage, exceptional visibility, and traffic counts exceeding 27,200 vehicles per day—the highest in Coos County. With limited opportunities for comparable large-format commercial development, the property’s strategic location and market dominance create a compelling long-term investment profile. As the largest city on the Oregon Coast, Coos Bay serves as the commercial, healthcare, governmental, and retail hub for the surrounding region. Its longstanding maritime heritage, expanding service economy, and regional draw continue to support strong retail fundamentals and sustained consumer demand. This offering presents investors with the opportunity to acquire a premier national tenant in a legacy retail asset designed for long-term income stability and wealth preservation. The property offers dependable cash flow, minimal landlord responsibilities, and the benefits of passive ownership within one of the Oregon Coast’s most significant retail developments. Opportunities to acquire institutional-quality assets in locations of this caliber are exceptionally rare.

Details

Updated on July 30, 2026 at 7:12 am
  • MLS# 195155383
  • Price $6,400,000
  • Property Size 15152 Sqft
  • Land Area 0.96 Acres
  • Garage Size x x
  • Year Built 2024
  • Property Type Income, Commercial Sale
  • Property Status Active
  • Office Name Pacific Properties
  • Agent Name Joel Sweet
  • Office Phone 541-269-5263

Additional details

  • Listing Terms Call Listing Agent, Cash, Conventional
  • Sewer Public Sewer
  • Cooling Heat Pump
  • Heating Forced Air, Heat Pump
  • County Coos
  • Property Type Commercial Sale
  • Parking Paved

Walkscore

Mortgage Calculator

Contact Information

Inquire About This Property

0 Review

Sort by:
Leave a Review

Leave a Review

Similar Listings

Disclaimer (Because Lawyers Are Fun):
RMLS The listings you see here are pulled from the RMLS IDX feed and are meant exclusively for your personal, non-commercial snooping pleasure. You can’t use this info to build a Zillow clone, stalk your ex’s new house, or anything shady. It’s just here to help you find your next place to live. The data is considered reliable, but let’s be real—mistakes happen, and RMLS doesn’t guarantee it's 100% accurate. Double-check the details before you fall in love with that “3-bedroom charmer” that turns out to be a 1-bedroom with a sketchy garage conversion. IDX information is provided exclusively for consumers’ personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, data is deemed reliable but is not guaranteed accurate by RMLS. All information provided is deemed reliable, but is not guaranteed and should be independently verified.

Compare listings

Compare