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Listed by Pacific Properties • 541-290-9597
$7,900,000
Est. payment /mo
22,166 SqFt
New
1233 TEAKWOOD AVE Coos Bay, OR 97420
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Key Details
Property Type Commercial
Sub Type Income
Listing Status Active
Purchase Type For Sale
Square Footage 22,166 sqft
Price per Sqft $356
MLS Listing ID 299146494
Year Built 2025
Annual Tax Amount $9,805
Tax Year 2024
Lot Size 1.270 Acres
Property Sub-Type Income
Property Description
We are pleased to offer to qualified investors an opportunity to purchase an Institutional credit national tenant legacy asset. Located at Teakwood Plaza in Coos Bay Oregon, TJ Maxx is an internationally know retailer or discount luxury goods. With national brand recognition, and tenant strength. This newly constructed 22,500sf building is adjacent to Planet Fitness, and Tru Furniture. Teakwood Plaza is a never to be replicated big box retail center, located on Highway 101 with bi-directional frontage and visibility, and the highest traffic counts in the county (27,200 ADT). The City of Coos Bay is the largest City on the Oregon Coast, and this area of Oregon has a deep history for water based industries. Teakwood Plaza is celebrating the past, but in a modern way. This is a once in a lifetime site and investment that will not be duplicated. This is an excellent opportunity to purchase an investment grade asset, with strong stable income and zero day-to-day landlord management obligations securing long term passive income.
Location
State OR
County Coos
Area _260
Zoning I-C
Interior
Heating Forced Air, Heat Pump
Cooling Heat Pump
Equipment Fixtures, SecuritySystem, SmokeDetector, Sprinkler
Exterior
View Bay, Mountain, River
Roof Type Rubber
Garage No
Building
Sewer Public Sewer
Water Public Water
Others
Acceptable Financing CallListingAgent, Cash, Conventional
Listing Terms CallListingAgent, Cash, Conventional
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