Listing Agency: Century 21 J. Carter & Company d***@gmail.com Show Phone

Listed By: Spencer Rossie · License #995705482 Show Phone

Source: Exprealty

Added: Oct 21 Changed: Oct 28 Last Checked: Oct 28 at 10:36AM

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Investment Insights

Based on property information with market context.

This office unit is at 202 S Tyler St in Covington, within the Simpson Creek business park. The property offers parking and access from Highway 21, with Downtown Covington and I-12 situated along the corridor between them.

Key Highlights

• Office unit in the Simpson Creek business park
• Access from Highway 21
• Parking available

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Current Use

Lymphassage Alternative Medicine Practice Karen D. Slaton, ... Physician Lifestyling Counseling Services Psychotherapist Diana Chase, MA Counselor

Suggested Use

Top Pick Parking Lot & Garage Computer & Electronic Repair (Bike/Boat/Book/etc) Store Electrical Service Grocery & Convenience Store Tech Support Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes

Highway access

NNN (Triple Net)

Lease Type

$2.80 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

1,319

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

Market

Lease Benchmarks for Covington, LA

$22.27 /SF/Yr

Avg Asking Price

$2.5–$157 /SF/Yr

Price Range

8,744 SF

Avg Space Size

This space is priced 16% below the average of $22.27 /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 unit - Located in a business park with parking and access to Highway 21.

Where is this office unit located?

The property is located at 202 S Tyler St Covington, LA.

What is the lease rate?

The lease rate is $1,000/Mo.

What are key features of this property?

This property features: Office unit in the Simpson Creek business park; Access from Highway 21; Parking available