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Listed by Pacific Properties • 541-290-9597
$ 7,900,000
Est. payment | /mo
22,166 SqFt
$ 7,900,000
Est. payment | /mo
22,166 SqFt
Key Details
Property Type Commercial
Sub Type Income
Listing Status Active
Purchase Type For Sale
Square Footage 22,166 sqft
Price per Sqft $356
MLS Listing ID 334964716
Year Built 2026
Annual Tax Amount $8,760
Tax Year 2025
Lot Size 1.270 Acres
Property Sub-Type Income
Property Description
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.
Location
State OR
County Coos
Area _260
Zoning I-C
Interior
Heating Forced Air, Heat Pump
Cooling Heat Pump
Equipment Fixtures, SecuritySystem, SmokeDetector, Sprinkler
Exterior
View Bay, Mountain, River
Roof Type Rubber
Garage No
Building
Sewer Public Sewer
Water Public Water
Others
Acceptable Financing CallListingAgent, Cash, Conventional
Listing Terms CallListingAgent, Cash, Conventional
We're always here to help. Let's connect!
Matthew Tercek
Team Lead / Agent | License ID: 201210228 (OR) 23013170 (WA)
+1(503) 453-5815 | matthew@tercekre.com