Listing provided courtesy of Pacific PropertiesMLS# 195155383MLS ProviderContact Information: 541-290-9597
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We are pleased to present the exclusive opportunity to acquire an institutional-quality net leased asset occupied by Planet Fitness, one of the nation's largest and fastest-growing fitness center operators with exceptional brand recognition and a proven operating platform. Located within Teakwood Plaza in Coos Bay, Oregon, this newly constructed 15,000-square-foot facility occupies a premier position within the region's dominant retail destination. The property is strategically situated alongside Tru Furniture and the newly developed TJ Maxx, creating a synergistic retail environment that attracts consistent consumer traffic from throughout Oregon's South Coast. Teakwood Plaza represents an irreplaceable big-box retail development positioned along U.S. Highway 101 with outstanding bi-directional frontage, exceptional visibility, and traffic counts exceeding 27,200 vehicles per day'the highest in Coos County. With limited opportunities for comparable large-format commercial development, the property's strategic location and market dominance create a compelling long-term investment profile. As the largest city on the Oregon Coast, Coos Bay serves as the commercial, healthcare, governmental, and retail hub for the surrounding region. Its longstanding maritime heritage, expanding service economy, and regional draw continue to support strong retail fundamentals and sustained consumer demand. This offering presents investors with the opportunity to acquire a premier national tenant in a legacy retail asset designed for long-term income stability and wealth preservation. The property offers dependable cash flow, minimal landlord responsibilities, and the benefits of passive ownership within one of the Oregon Coast's most significant retail developments. Opportunities to acquire institutional-quality assets in locations of this caliber are exceptionally rare.

Source: Regional MLS, MLS#: 195155383

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  • Property Type
    Commercial Sale
  • Lot
    0.96 acres

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Shari Newman

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  • Median Age
    44
  • Population Density
    109
  • College Educated
    29%
  • Estimated Median Income
    $52,447
  • Estimated Total Home Owners
    7,924
  • Estimated Total Renters
    4,168
  • Owner / Renter Divide
    66% / 34%
  • Estimated Average Household Size
    2
  • Total Population
    27,906
  • Community data courtesy of LiveBy, Inc.

Owning this Home

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* 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.

History

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