351 HOLIDAY Drive, Covington, LA 70433

Building Details

Year Built

2000

Listing agent Larry Haik

Listing office ABEK Real Estate Show Phone

Listing date Jun 18, 2024

Source Xome

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Overview

This commercial property is located in Covington, Louisiana, just off Highway 190 and Interstate 12. The property is currently leased to a government tenant. The tenant has occupied the building for several years and recently renewed their lease for an additional five-year term. The next renewal option is in mid-2026. The property size is 15682 square feet.

Map

City

Covington

County

St. Tammany

State

Louisiana

Longitude

-90.1271

Latitude

30.4598

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FAQs

What type of property is this?

NNN property - Government leased building in Covington, Louisiana, with renewed lease.

Where is this nnn property located?

The property is located at 351 HOLIDAY Drive Covington, LA.

What is the asking price?

The asking price for this property is $2,143,000.

What are key features of this property?

This property features: Government leased building with an **8% CAP rate**; Tenant recently renewed lease for another 5 years; Tenant has occupied the building for several years with consistent 5‑year renewals