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1233 Teakwood Ave 22,166 SF 100% Leased Retail Building Coos Bay, OR 97420 $7,900,000 ($356.40/SF) 4.55% Cap Rate
EXECUTIVE SUMMARY
Positioned at the high-visibility intersection of N. Bayshore Drive (Highway 101) and Teakwood Avenue, Teakwood Plaza is a newly developed retail center offering a compelling investment opportunity in the heart of Coos Bay, Oregon. The site comprises four buildings totaling approximately 56,000 SF, anchored by a mix of national and regional tenants including Planet Fitness and Tru Furniture.
DATA ROOM Click Here to Access
- Offering Memorandum
- Operating and Financials
- Miscellaneous
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Building Size
22,166 SF
Building Class
A
Year Built
2024
Price
$7,900,000
Price Per SF
$356.40
Cap Rate
4.55%
NOI
$359,450
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.38
Lot Size
1.33 AC
Zoning
I-C
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 1006788201 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $511,250 |
PROPERTY TAXES
Parcel Number
1006788201
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$511,250
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1233 Teakwood Ave
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