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28269792
28269817

1236 Teakwood Ave, Coos Bay, OR 97420 For Sale

RH
OR OR 200405075
Pacific Properties
JS
OR 201214598
Pacific Properties
Listed by Pacific Properties
Unpriced
244 days on market
Updated 17 days ago

Newly constructed 15,000 SF net leased investment

Details
Property Type Retail
Sub Type Storefront
Square Footage 15,152
Tenancy Single
Brand/Tenant Planet Fitness
Lease Term 10
Lease Expiration 04/30/2034
Remaining Term 7.8
Year Built 2024
Zoning I-C
Parking Spaces 58 spaces
Parking per 1,000 SqFt 3.83
Lease Commencement 05/01/2024
Sale Condition For sale by owner

Retail | 15,152 SqFt - Coos Bay, OR

Marketing description

Institutional-Quality Net Lease Investment | Planet Fitness | New Construction | Premier Oregon Coast Retail Location

This is a rare opportunity to acquire a newly constructed 15,000-square-foot net leased Planet Fitness located within Teakwood Plaza, the premier big-box retail center serving Oregon's South Coast.

Planet Fitness is one of the nation's largest fitness brands, with thousands of locations, exceptional consumer recognition, and a proven membership-based business model that has established the company as a leader in the fitness industry.

The property occupies a highly visible location on U.S. Highway 101 with outstanding bi-directional frontage and exposure to more than 27,200 vehicles per day—the highest traffic counts in Coos County. Neighboring retailers include Tru Furniture and the newly developed TJ Maxx, creating a dominant regional shopping destination that serves consumers from across the Southern Oregon Coast.

Coos Bay is the largest city on the Oregon Coast and functions as the region's primary commercial and retail center. Teakwood Plaza is a truly irreplaceable development, offering investors ownership in one of the coast's premier retail assets with limited future competition.

Investment Highlights

    • Newly constructed 15,000 SF net leased investment
    • Nationally recognized Planet Fitness location
    • Located within Teakwood Plaza, the region's premier retail destination
    • Adjacent to TJ Maxx and Tru Furniture
    • Prime U.S. Highway 101 location with 27,200+ vehicles per day
    • Exceptional visibility and regional accessibility
    • Passive ownership with minimal landlord responsibilities
    • Stable long-term income potential in an irreplaceable retail corridor

Institutional-quality net leased opportunities of this caliber are seldom available on the Oregon Coast. This offering combines a nationally recognized tenant, premier highway frontage, and a dominant regional retail location to create an outstanding long-term investment opportunity.

Listing Contacts

RH
OR OR 200405075
Pacific Properties
JS
OR 201214598
Pacific Properties
Listed by Pacific Properties

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Additional Information

Name
Randy Hoffine
License
OR 200405075
Brokerage
Pacific Properties
Brokerage Phone
541-269-5263
Title
Principal Broker/Owner
Brokerage Address
605 North Bayshore Drive
Name
Joel Sweet
License
201214598
Brokerage
Pacific Properties
Title
Real Estate Broker
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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