Contact Information: 541-290-9597
Contact Information: 541-290-95971236 TEAKWOOD AVECoos Bay, OR 97420
Commercial · 15,152 Sq. ft. | 0.96 Acres1236 TEAKWOOD AVE Overview
- Time on Site:
- 12 hours
- Visits:
- 0
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.
1236 TEAKWOOD AVE Facts & Features
- Type Commercial
- Sq. ft. 15,152
- Price/Sq.ft. $422
- Lot 0.96 Acres
Details
General
Income/Expenses
- Existing Lease Type: 10 or More Years Remaining,NNN
- Gross Income: 247500.0
- Operating Expense: 0
Building Information
- Year Built: 2024
Business Information
- Current Use: Athletic Facility,Franchise
Location/Region
- Country: US
- County Or Parish: Coos
- MLS Area Major: 260 - Coos County
Rent/Lease Information
- Lease Amount: 20625.0
Tax Information
- Tax Annual Amount: 34274.79
- Tax Year: 2025
General Information
- Inclusions: Building,Land,Other
- Listing Terms: Call Listing Agent,Cash,Conventional
- Parcel Number: 6792300
- Property Condition: Existing
- Property Sub Type: Income
- Property Type: Commercial Sale
- Zoning: I-C
Interior
Building Interior
- Building Area Total: 15152.0
General Information
- Cooling: Heat Pump
- Heating: Forced Air,Heat Pump
Exterior
Parking Information
- Parking Features: Paved
- Parking Total: 58.0
Lot Information
- Lot Size Acres: 0.96
- Lot Size Square Feet: 41817.0
- Number Of Buildings: 1
- Road Surface Type: Paved
- Water Source: Public Water
Waterfront/View
- Water Body Name: Coos River/Bay
Building Exterior/Construction
- Construction Materials: Cement Siding
General Information
- Sewer: Public Sewer
1236 TEAKWOOD AVE Neighborhood
Community
97420 (COOS BAY) Demographics
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.1236 TEAKWOOD AVE Monthly Cost
1236 TEAKWOOD AVE Market Data
Based on the last 30 days in this zip code
1236 TEAKWOOD AVE History
| Date | Value | Agent |
|---|---|---|
| 6/29/2026Source: Regional MLS | June 29, 2026 |

