Listing provided courtesy of Pacific Properties- MLS# 195155383MLS ProviderContact Information: 541-290-9597

1236 TEAKWOOD AVECoos Bay, OR 97420

Commercial · 15,152 Sq. ft. | 0.96 Acres
$6,400,000 Active

1236 TEAKWOOD AVE Overview

Time on Site:
3 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.

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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

44
Median Age
109
Population Density (per sq. mile)
29%
College Educated
$52,447
Estimated Median Income
7,924
Estimated Total Home Owners
4,168
Estimated Total Renters
66% / 34%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

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

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

1236 TEAKWOOD AVE Market Data

Based on the last 30 days in this zip code

$434,697
Average List Price
$251
Average Price per Square Foot
28
Properties Sold
112
Average Days on Market
192
Properties for Sale
Calculations provided by Reliance Network

1236 TEAKWOOD AVE History

Date Event Value Agent
6/29/2026Source: Regional MLS Added to Database
June 29, 2026