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1233 Teakwood Ave 22,166 SF 100% Leased Retail Building Coos Bay, OR 97420 $10,799,695 CAD ($487.22 CAD/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.
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- Offering Memorandum
- Operating and Financials
- Miscellaneous
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
22,166 SF
Building Class
A
Year Built
2024
Price
$10,799,695 CAD
Price Per SF
$487.22 CAD
Cap Rate
4.55%
NOI
$491,386 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.38
Lot Size
1.33 AC
Zoning
I-C - designates land for a mix of light industrial activities—such as manufacturing, warehousing, and distribution
Nearby Major Retailers
1 of 17
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1233 Teakwood Ave
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