1236 TEAKWOOD AVE

CoosBay, 97420

  • Bed

  • Bath

  • 15152 SqFt

  • 1 DOM

  • Built: 2024

  • Status: Active

$6,400,000

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1236 TEAKWOOD AVE

CoosBay 97420

$6400000

  • Bed

  • Bath

  • 15152 SqFt

  • 1 DOM

  • Built: 2024

  • Status: Active

Love this home?

Venkatesan Muthu

Broker

(971) 330-1856

We are pleased to offer to qualified investors an opportunity to purchase a national tenant legacy asset. Located at Teakwood Plaza in Coos Bay Oregon, Planet Fitness is a full service gym and spa facility, with national brand recognition, and tenant strength. This newly constructed 15,000sf building is adjacent to Tru Furniture, and the soon to be open TJ Maxx! Teakwood Plaza is a never to be replicated big box retail center, located on Highway 101 with bi-directional frontage and visibility, and the highest traffic counts in the county (27,200 ADT). The City of Coos Bay is the largest City on the Oregon Coast, and this area of Oregon has a deep history for water based industries. Teakwood Plaza is celebrating the past, but in a modern way. This is a once in a lifetime site and investment that will not be duplicated. This an excellent opportunity to purchase an investment grade asset, with strong stable income and zero day-to-day landlord management obligations securing long term passive income.

Features and Utilities

  • HeatPump

  • ForcedAir, HeatPump

  • PublicSewer

  • Electricity, Gas

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Venkat is a very good negotiator. He was quick to respond, when I had questions. He came to all the meetings with the seller and provided valuable inputs on inspections and mortgage options. Overall, I was impressed and would love to work with him again.

— Jagathishp

Venkat is very professional and has tremendous knowledge in the real estate industry. He was always available to discuss and made time to visit the construction site several times during the course. I was looking at a new construction and had to wait for the property to be built.

— Vignesh Chan

Muthu has good knowledge about the community and understands the needs of his customers. He helped us sell our house in record time and followed up with the buyer and the agent until the complete closure. We received multiple offers and Muthu negotiated well and helped us decide on the buyer.

— Praveen

Venkat Muthu is a wonderful person to go with. Very friendly and advices as per the need and gives his service and support where and when needed and some times going beyond. Really happy to share the review and I highly recommend if anyone is looking for any homes.

— Alishetty

Venkat is great to work with as realtor. He is very patient and listens to the requests of the buyer or seller and doesn’t push as t any point of time. He has a good understanding of the market situation and location for investments as well. All this comes from experience with him recently buying a home.

— Ramren Garajan

Thinking about buying or selling. Let’s Talk.

Whether you’re looking to buy your dream home, sell your property for the best price, or explore investment opportunities, PDXA1 Realty Group is here to help. With expertise, personalized service, and a commitment to your goals, we’ll guide you every step of the way. Contact us today at (971) 330-1856 let’s start the conversation!

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