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1236 Teakwood Ave 15,152 SF Retail Building Coos Bay, OR 97420 $6,400,000 ($422.39/SF) 3.86% 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
Property Subtype
Health Club
Building Size
15,152 SF
Building Class
A
Year Built
2024
Price
$6,400,000
Price Per SF
$422.39
Cap Rate
3.86%
NOI
$247,040
Tenancy
Single
Building Height
1 Story
Loading Docks
1 Exterior
Building FAR
0.10
Lot Size
3.63 AC
Zoning
I-C
Parking
96 Spaces (6.34 Spaces per 1,000 SF Leased)
Frontage
116’ on Teakwood Avenue
AMENITIES
- Signage
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $0 | Total Assessment | $3,933,770 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$3,933,770
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1236 Teakwood Ave
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