Listed price in listed location currency (USD).
$6,400,000

0058

MLS® 195155383

  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Commercial Sale
Size -
Garage 
Taxes $34,275
Days Active 0
Lot Size 0.96 Acres
Approx. Age 2024
MLS® Number 195155383

Property Address: 1236 Teakwood Ave, Coos Bay, OR, 97420-2529

Average square foot calculated using Size range provided by listing agent.

Description

We are pleased to present the exclusive 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.
MLS® Number195155383
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age2024
Basement
DrivewayPaved
Garage Spaces
HeatForced Air, Heat Pump
A/CHeat Pump

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jun 29, 2026List Date
$6,400,000List Price
  • Commute

Commute

Starting Address
Destination Address
1236 Teakwood Ave, Coos Bay, OR

Like what you see?

Complete the form and we'll be in touch. No login necessary.

Add a Comment
Loading...

Similar Listings

Comparable Properties