Listing provided courtesy of Pacific Properties- MLS# 334964716MLS ProviderContact Information: 541-290-9597

1233 TEAKWOOD AVECoos Bay, OR 97420

Commercial · 22,166 Sq. ft. | 1.27 Acres
$7,900,000 Active

1233 TEAKWOOD AVE Overview

Time on Site:
19 hours
Visits:
0

We are pleased to present the opportunity to acquire an institutional-quality, investment-grade net leased asset occupied by TJ Maxx, a globally recognized off-price retailer and subsidiary of The TJX Companies, one of the world's largest apparel and home fashions retailers. Situated within Teakwood Plaza in Coos Bay, Oregon, this newly constructed 22,500-square-foot building occupies a premier location within the region's dominant big-box retail destination. Positioned alongside Planet Fitness and Tru Furniture, the property benefits from exceptional co-tenancy, strong consumer traffic, and a highly established retail trade area. Teakwood Plaza is an irreplaceable retail asset strategically located on U.S. Highway 101 with outstanding bi-directional frontage, excellent visibility, and traffic counts exceeding 27,200 vehicles per day'the highest along the Oregon Coast. The combination of limited developable commercial land, premier highway exposure, and dominant market position creates a long-term competitive advantage that is unlikely to be replicated. As the largest city on the Oregon Coast, Coos Bay serves as the commercial, governmental, healthcare, and retail hub for the surrounding region. Its deep maritime heritage and resilient economic base continue to support sustained retail demand while attracting investment throughout Oregon's South Coast. This offering presents investors with the rare opportunity to acquire a legacy asset anchored by a nationally recognized investment-grade tenant, providing durable cash flow, long-term income stability, and minimal ownership responsibilities. With no day-to-day landlord management obligations, this asset offers truly passive ownership backed by one of the nation's strongest retail operators. Opportunities to acquire institutional-quality assets of this caliber within Oregon's premier coastal retail corridor are exceptionally rare.

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1233 TEAKWOOD AVE Facts & Features

  • Type Commercial
  • Sq. ft. 22,166
  • Price/Sq.ft. $356
  • Lot 1.27 Acres

Details

General

Income/Expenses

  • Existing Lease Type: 10 or More Years Remaining,NNN
  • Gross Income: 360000.0
  • Operating Expense: 0

Building Information

  • Year Built: 2026

Business Information

  • Current Use: Clothing Shop,Other,Retail

Location/Region

  • Country: US
  • County Or Parish: Coos
  • MLS Area Major: 260 - Coos County

Rent/Lease Information

  • Lease Amount: 30000.0

Tax Information

  • Tax Annual Amount: 8760.59
  • Tax Year: 2025

General Information

  • Inclusions: Building,Land,Other
  • Listing Terms: Call Listing Agent,Cash,Conventional
  • Parcel Number: 6788201
  • Property Condition: New Construction
  • Property Sub Type: Income
  • Property Type: Commercial Sale
  • Zoning: I-C

Interior

Building Interior

  • Building Area Total: 22166.0

General Information

  • Cooling: Heat Pump
  • Heating: Forced Air,Heat Pump
  • Other Equipment: Fixtures,Security System,Smoke Detector,Sprinkler

Exterior

Parking Information

  • Parking Features: On Site

Lot Information

  • Lot Size Acres: 1.27
  • Lot Size Area: 55321
  • Lot Size Square Feet: 55321.0
  • Road Surface Type: Paved
  • Water Source: Public Water

Waterfront/View

  • Water Body Name: Coos River/Bay

Building Exterior/Construction

  • Construction Materials: Cement Siding,Concrete,Metal Siding
  • Roof: Rubber

General Information

  • Sewer: Public Sewer

1233 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.
* 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.

1233 TEAKWOOD AVE Market Data

Based on the last 30 days in this zip code

$435,842
Average List Price
$252
Average Price per Square Foot
30
Properties Sold
113
Average Days on Market
192
Properties for Sale
Calculations provided by Reliance Network

1233 TEAKWOOD AVE History

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