Retail Suites in Mixed-Use
For Lease
$28 SF/Yr CAM $8 /USD/SF/YR
138 Terrabella Boulevard, Covington, LA 70433
Commercial Lease, Covington, LA
Space Size6,893 SF
Days on Market51
Property Features for 138 Terrabella Boulevard
General Information
Property type
Commercial Lease
Property subtype
Other
Property condition
Under Construction
Zoning
PUD
Directions
https://maps.app.goo.gl/3JR2KAurCEENUVJa8
Standard status
Active
APN
3789
Size
6,895 SF
Taxes and HOA fees
Tax Description
.
Legal Description
.
Building Details
Year built
2027
Floors in Building
2
Listing Agency:
RE/MAX Alliance · RE/MAX International
(985) 626-1561
Listed By:
Douglas Bernard · License #000055934
(504) 915-0698
Added: Sep 14
Changed: Nov 1
Last Checked: Nov 3 at 8:06AM
MLS# 200IPC
Copyright © 2026 ROAM MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
Retail space is being developed at The Arlington at TerraBella, with seven condominium residences planned above. Suites can be leased individually or combined, and delivery is offered in white-box or gray-shell condition. The property is under construction, with a 2027 year built date listed.
Located at 138 Terrabella Boulevard in Covington, the development is within TerraBella Village. The property is zoned PUD and offered for lease on an NNN basis.
Located at 138 Terrabella Boulevard in Covington, the development is within TerraBella Village. The property is zoned PUD and offered for lease on an NNN basis.
Key Highlights
- Seven condominium residences are planned above the retail space
- Individual suites may be combined into flexible configurations
- White‑box and gray‑shell delivery options
Property Analytics
Who owns this building?
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Open Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
112
Businesses Nearby
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Lease Benchmarks for Covington, LA
$20.55 /SF/Yr
Avg Asking Price
$12–$35 /SF/Yr
Price Range
6,441 SF
Avg Space Size
This space is priced 36% above the average of $20.55 /SF/Yr.
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Retail space - Pre-leasing offers adaptable suite configurations with white-box or gray-shell delivery options.
Where is this retail space located?
The property is located at 138 Terrabella Boulevard Covington, LA.
What is the lease rate?
The lease rate is $28 SF/Yr.
What are key features of this property?
This property features: Seven condominium residences are planned above the retail space; Individual suites may be combined into flexible configurations; White‑box and gray‑shell delivery options
