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0 Beds
0 Baths
15,152 sqft

$6,400,000

1236 TEAKWOOD AVE, Coos Bay OR, 97420

Price per sqft$422.39
Built in2024
Property size15,152 sqft
Property typeCommercial
Listing Courtesy of Pacific Properties, Joel Sweet. 541-290-9597

Overview

Active

Listed Jun 29, 2026

Updated 8h ago

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.

Additional information

MLS® ID
195155383

Interior Features

Bedrooms
0
Bathrooms
0
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.96 Acres

Other Property Details

Taxes
$34,275
Tax Frequency
Annually
View
Yes
MLS provider logo

Listing Courtesy of Pacific Properties, Joel Sweet. 541-290-9597

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This content last updated on 10/8/2026, 7:21 AM UTC. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available

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