TJ Maxx NNN Retail
New
For Sale
$7,900,000
1233 Teakwood Ave, Coos Bay, OR 97420
The newly built property is occupied by TJ Maxx within Teakwood Plaza along U.S. Highway 101.
Property Size22,166 SF
Price / SF$356.40
Days on Market4
Property Features for 1233 Teakwood Ave
General Information
Standard status
Active
Size
22,166 SF
Property subtype
Commercial
Zoning
I-C
Site & Location
Anchor Co-Tenants
Planet Fitness, Tru Furniture
Traffic Count
27,200 vehicles/day
Highway Access
Yes
Road Access
Yes
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Annual Taxes
$8,760
Building Details
Building Size
22,166 SF
Year Built
2026
Buildings
1
Tenancy
Single
Listing Agency:
Pacific Properties
Listed By:
Joel Sweet · License #201214598
(541) 290-9597
Source:
Duanejohnson
Added: Oct 22
Changed: Oct 23
Last Checked: Oct 23 at 5:03PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Pacific Properties
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Investment Insights
Based on property information with market context.
Built in 2026, this net-leased retail property in Teakwood Plaza is occupied by TJ Maxx. The building is zoned I-C, and the tenant is identified as a subsidiary of The TJX Companies.
The property is situated along U.S. Highway 101 in Coos Bay, Oregon. Teakwood Plaza includes Planet Fitness and Tru Furniture as neighboring retailers, and the highway carries traffic counts exceeding 27,200 vehicles per day.
The offering combines a national retail tenant, a net lease structure, and a location within an established retail plaza on the Oregon Coast.
The property is situated along U.S. Highway 101 in Coos Bay, Oregon. Teakwood Plaza includes Planet Fitness and Tru Furniture as neighboring retailers, and the highway carries traffic counts exceeding 27,200 vehicles per day.
The offering combines a national retail tenant, a net lease structure, and a location within an established retail plaza on the Oregon Coast.
Key Highlights
- Occupied by TJ Maxx, a subsidiary of The TJX Companies
- Built in 2026
- I‑C zoning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$234,605
Cap Rate
2.97%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,692,100
$4.7M
Cap Rate 7%
$3,351,500
$3.4M
Cap Rate 9%
$2,606,722
$2.6M
Market Conditions
NOI Build-Up for 22,166 SF
Gross rent
$372.4K $16.80/SF
− Vacancy
−$37.2K −$1.68/SF
EGI
$335.1K $15.12/SF
− OpEx
−$100.5K −$4.54/SF
NOI
$234.6K $10.58/SF
Area
Coos County, OR
Vacancy
10.00%
Lease Rate
$16.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,692,100
Cap Rate 7%
$3,351,500
Cap Rate 9%
$2,606,722
Alternative Uses
Best Use
Retail
$3.35M
$2.93M – $3.91M
NOI $234,605 @ 7.0% cap · market cap 2.97%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.01M
$3.51M – $4.68M
NOI $280,888 @ 7.0% cap · market cap 3.56%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Lease Details
27,200 VPD
Traffic count
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
650
Businesses Nearby
14k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Home Improvements & Furnishings 62%
Shops & Services 32%
Electronics 6%
Hardware Express
Home Improvements & Furnishings
8,612 visits/mo
0.4 miles
Coos Bay Toyota
Shops & Services
3,038 visits/mo
0.4 miles
Umpqua Bank
Shops & Services
1,358 visits/mo
0.4 miles
U.S. Cellular
Electronics
784 visits/mo
0.3 miles
Demographics for 97420, OR
27,454
Population
12,967
Households
2.1
Avg Household Size
46
Median Age
19%
College-Educated
89%
High-School Grad
273.9 sq mi
ZIP Area
100
Density / Sq Mi
$61,624
Median Household Income
$35,536
Median Earnings
$982
Median Rent
$282,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in West region
Frequently Asked Questions
What type of property is this?
NNN property - The newly built property is occupied by TJ Maxx within Teakwood Plaza along U.S. Highway 101.
Where is this nnn property located?
The property is located at 1233 Teakwood Ave Coos Bay, OR.
What is the asking price?
The asking price for this property is $7,900,000.
What are key features of this property?
This property features: Occupied by TJ Maxx, a subsidiary of The TJX Companies; Built in 2026; I‑C zoning
