56 STARBRUSH Circle, Covington, LA 70433

Building Details

Year Built

2010

Listing office CBTEC Commercial Show Phone

Listing date Dec 18, 2024

Source Exitrealty

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Overview

This offering includes a medical office building and two adjacent lots. The medical office space is currently leased to a tenant under a NNN lease, generating a monthly income of $9,526. The main building encompasses 4,064 square feet. In addition to the medical office, the property includes two adjacent lots identified as 50 Starbrush Circle (Lot 123) and 60 Starbrush Circle (Lot 121). These lots offer buildable areas of 25,869 square feet and 31,861 square feet, respectively. The entire package is offered with a 7% cap rate based on the medical office income.

Suggested Use

Big Box & Wholesale Store Car Rental Facility Computer & Electronic Repair Parking Lot & Garage Wine and Liquor Store Travel Agency Electronics & Wireless Store Arcade & Gaming Center Tech Support Center Discount Store

Zoning and permitted uses should be independently verified with local authorities.

Similar Places Nearby

• Maher Animal Hospital — 1031 S Tyler St, Covington, LA 70433

Location Insight

• Map
• Local Demand

City

Covington

County

St. Tammany

State

Louisiana

Longitude

-90.1271

Latitude

30.4598

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FAQs

What type of property is this?

Medical Office Space - Medical office for sale with income and development potential.

Where is this medical office space located?

The property is located at 56 STARBRUSH Circle Covington, LA.

What is the asking price?

The asking price for this property is $1,199,000.

What are key features of this property?

This property features: Leased medical office generating $9,526 monthly income (NNN lease).; Attractive 7% cap rate on the medical office.; Main building is 4,064 SF, constructed in 2010.