$6,200,000
1340 N Bayshore DR Coos Bay, OR 97420
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Listed by Pacific Properties • 541-290-9597
$6,200,000
Est. payment /mo
12,178 SqFt
UPDATED:
11/27/2024 01:50 AM
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 12,178 sqft
Price per Sqft $509
MLS Listing ID 24299439
Year Built 2024
Annual Tax Amount $2,854
Tax Year 2023
Lot Size 9,583 Sqft
Property Description
True NNN 100% leased legacy investment. Once in a lifetime opportunity to own the preeminent mixed use/office building in all of Southern Oregon. 12,178 rentable SF, new construction, Class A, 2 Story building designed and built to the highest possible specs. True NNN 100% leased asset, with no Landlord expenses or responsibilities. Brand new 7 year lease with two 5 year options, and 3% annual rent bumps. Tenant is Institutional quality, A+ Credit, and with significant diversified businesses throughout Oregon. Building interior is built out for Corporate Headquarters, with custom office and flex space on both floors. This building is THE MARQUIS building at Coos Bay Village, located at the very north end of the development, with easy access from Hwy 101 with the new Traffic signal. Coos Bay Village is quickly becoming THE retail and office destination on the Oregon Coast, a true lifestyle center with something for everyone. This building offer the best views of any commercial building on the entire Oregon Coast. Unobstructed views in all directions, adjacent to the Coos River and bi-directional Hwy 101 with the highest traffic count in the County. With the upcoming $2B Intermodal Container Terminal Port, this legacy asset is only going to appreciate. Never to be duplicated!
Location
State OR
County Coos
Area _260
Zoning WH-3
Interior
Heating Heat Pump
Cooling Heat Pump
Equipment SecuritySystem, SmokeDetector, Sprinkler
Exterior
Waterfront Description BayFront
View Bay, Mountain
Roof Type Rubber
Garage No
Building
Story 2
Sewer Public Sewer
Water Public Water
Level or Stories 2
Others
Acceptable Financing CallListingAgent, Cash, Conventional
Listing Terms CallListingAgent, Cash, Conventional
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