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Covington Office Building For Rent
For Lease
$24 SF/Yr

TBD Park Place, Covington, LA 70433

Modern office space with flexible floor plans in Covington, Louisiana.

Space Size14,606 SF
Days on Market269

Property Features for TBD Park Place

General Information

Standard status Active
Size 14,606 SF
Class A
Property subtype Office
Lease Term NNN

Building Details

Building Size 14,606 SF
Year Built 2025

Spaces For Lease

at TBD Park Place Contact us

Park Place Build to Suit $24/SF/Yr

Size
14,606 SF
Type
Office Building
Term
Negotiable
Contact us
Listing Agency:
Listed By: Will Watson, CCIM · License #995701278-ACT
Source: Lee-associates
Added: Nov 26, 2025 Changed: Aug 21 Last Checked: Aug 22 at 4:53AM

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 Will Watson, CCIM

Investment Insights

Based on property information with market context.

Located in Covington, Louisiana, this two-story office building at Park Place offers a build-to-suit opportunity. The building provides approximately 14,600 square feet of modern and professional office space. Flexible floor plans can accommodate various tenant specifications. The property has excellent access to Highway 190 and Interstate 12. The surrounding area features a welcoming downtown with local shops, restaurants, and cultural attractions. Bogue Falaya Park is nearby, offering a peaceful spot for relaxation. The St. Tammany Art Association and nearby galleries are within walking distance. The area provides a vibrant setting with historic buildings and a strong sense of community. The property is situated in a professional business park setting.

Key Highlights

  • Build‑to‑suit opportunity with flexible floorplans.
  • Excellent access to Highway 190 and Interstate 12.
  • Modern and professional office space in a professional business park setting.

Property Analytics

Current Use

Office buildings

Lease Details

NNN (Triple Net)
Lease Type
$3.60 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

663
Businesses Nearby

Demographics for 70433, LA

41,423
Population
18,712
Households
2.2
Avg Household Size
42
Median Age
45%
College-Educated
93%
High-School Grad
48.7 sq mi
ZIP Area
851
Density / Sq Mi
$79,354
Median Household Income
$47,406
Median Earnings
$1,373
Median Rent
$316,200
Median Home Value

Market

Lease Benchmarks for Covington, LA

$24.87 /SF/Yr
Avg Asking Price
$12–$52.33 /SF/Yr
Price Range
4,700 SF
Avg Space Size

This space is priced 3% below the average of $24.87 /SF/Yr.

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Modern office space with flexible floor plans in Covington, Louisiana.
Where is this office building located?
The property is located at TBD Park Place Covington, LA.
What is the lease rate?
The lease rate is $24 SF/Yr.
What are key features of this property?
This property features: Build‑to‑suit opportunity with flexible floorplans.; Excellent access to Highway 190 and Interstate 12.; Modern and professional office space in a professional business park setting.
More about this property
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