351 Holiday Dr Covington, LA 70433

This exceptional 15,682 square foot commercial building presents a compelling investment opportunity in Covington, Louisiana. Situated on a 1.3-acre lot, the property enjoys a prime location just off Highway 190 and I-12, ensuring high visibility and convenient access. Currently leased to a government tenant, this property offers a secure and stable income stream. The tenant has a long-standing history at this location, having recently renewed their lease for another five years, with the next renewal date in mid-2026. This provides significant lease stability and predictable cash flow for the investor. The building itself offers ample space, suitable for a variety of commercial uses, given its current configuration. The 8% capitalization rate further underscores the strong return on investment potential. This is a rare opportunity to acquire a well-located, government-leased commercial property with a proven track record of consistent occupancy and a substantial remaining lease term. The property's strategic location near major transportation arteries makes it highly attractive for both the current tenant and future potential occupants. This turnkey investment offers a blend of security, profitability, and long-term growth potential. Serious inquiries are encouraged.