About This Home

This 0-bedroom, 0-bathroom commercial at 1236 TEAKWOOD Ave in Coosbay, OR is listed for $6,400,000 ($422 per sqft). Built in 2024, the home offers 15,152 sqft of living space on a 0.96 acres lot.

Key Features

  • Built in 2024
  • 0.96 acre lot

Property Details

2024

Amenities

ViewA/C
Listing Description

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.

Monthly Cost Estimate

$34,229/mo

20% down · 6.5% · 30 years

Principal$4,629
Interest$27,733
Insurance$1,867

Estimates only. Actual payments may vary.

Location

1236 TEAKWOOD Ave

Coosbay, OR 97420

Property Details

Construction

CementSiding

Views

City

Heating

Forced AirHeat Pump (Heating)

Cooling

Heat Pump

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 1236 TEAKWOOD Ave is listed at $6,400,000 ($422/sqft). The estimated monthly payment is $34,229 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 2024, 0.96 acre lot.

This property is listed by Joel Sweet.

JS

Joel Sweet

Agent at Pacific Properties

Listed by Pacific Properties · Broker phone: (541) 269-5263 · Broker website

MLS# 195155383· Source: Regional Multiple Listing Services· 121 days on PropertySimple

Copyright © 2026 Regional Multiple Listing Services. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1236 TEAKWOOD Ave, Coosbay, OR 97420

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