1233 TEAKWOOD AVE

Coos Bay, OR 97420

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.

Listing courtesy of Joel Sweet of Pacific Properties (541) 290-9597



The content relating to real estate for sale on this website comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Pacific Properties are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is Copyright © 2026 RMLS™, Portland, Oregon. Some properties which appear for sale on this website may subsequently have sold or may no longer be available.

Last checked 2026-07-03 12:55 PM PDT.

All information provided is deemed reliable but is not guaranteed and should be independently verified