1340 N Bayshore DR Active

Coos Bay,OR 97420

$ 5950000

- Bed

- Bath

12178 SqFt


Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 12,178 sqft

Price per Sqft $488

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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