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Building A1 1340 N Bayshore Dr

12,178 SF 4-Star Retail Building Coos Bay, OR 97420 $5,950,000 ($489/SF) 5.94% Cap Rate

Investment Highlights

  • True NNN Lease
  • New construction, Class A, 2 Story building
  • 3% Annual Increases
  • 100% Occupied
  • Brand new 7 year lease with two 5 year options
  • Credit Rated Tenant with Corporate Guarantee

Executive Summary

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 offers 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!

Data Room Click Here to Access

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
12,178 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2024
Price
$5,950,000
Price Per SF
$489
Cap Rate
5.94%
NOI
$353,162
Tenancy
Single
Building Height
2 Stories
Building FAR
1.27
Land Acres
0.22 AC
Zoning
W-H - Waterfront Heritage District - General Commercial
Parking
36 Spaces (2.96 Spaces per 1,000 SF Leased)
Frontage
50 FT on US Hwy 101

Amenities

  • 24 Hour Access
  • Bus Line
  • Conferencing Facility
  • Corner Lot
  • Dedicated Turn Lane
  • Signage
  • Signalized Intersection
  • Tenant Controlled HVAC
  • Waterfront
  • Wheelchair Accessible
  • Energy Performance Rating - A
  • Car Charging Station
  • Air Conditioning
  • Fiber Optic Internet

MAJOR TENANTS Click Here to Access

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease Type
  • Lease End
  • Coquille Indian Tribe
  • Administrative and Support Services
  • 99,999 SF
  • $9.99
  • Lorem Ipsum
  • Jan 0000
Tenant Industry SF OCCUPIED RENT/SF Lease Type Lease End
Coquille Indian Tribe Administrative and Support Services 99,999 SF $9.99 Lorem Ipsum Jan 0000
  • Listing ID: 33939798

  • Date on Market: 11/20/2024

  • Last Updated:

  • Address: 1340 N Bayshore Dr, Coos Bay, OR 97420

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