Listing Agency: Gulf States Real Estate Servic m***@gsres.com Show Phone

Listed By: Michael Saucier · License #LA-995681677 Show Phone

Source: Exprealty

Added: Mar 4 Changed: Oct 31 Last Checked: Nov 1 at 10:51AM

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Investment Insights

Based on property information with market context.

Suite C is retail space at 3979 Highway 190 East Service Road in Covington, Louisiana. Its location along Highway 190 places the space on the highway corridor.

Key Highlights

• Suite C at 3979 Highway 190 East Service Rd in Covington, Louisiana

Property Analytics

Current Use

DoneRite HVAC Hardware & Home Improvement Hearing Health Care ... Medical Clinic

Suggested Use

Top Pick Real Estate Agency Dental Office Hair Salon Nail Salon Restaurant Electrical Service

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

NNN (Triple Net)

Lease Type

$2.52 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

248

Businesses Nearby

27k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Groceries 100%

Winn-Dixie Groceries

27,311 visits/mo 0.5 miles

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

$20.55 /SF/Yr

Avg Asking Price

$12–$35 /SF/Yr

Price Range

6,441 SF

Avg Space Size

This space is priced 18% below the average of $20.55 /SF/Yr.

Vacancy Rate% for Retail in South region

7% 2020

6.2% 2021

5.1% 2022

4.8% 2023

4.9% 2024

5.4% 2025

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Frequently Asked Questions

What type of property is this?

Retail space - The suite is positioned along Highway 190 East Service Road in Covington.

Where is this retail space located?

The property is located at 3979 Highway 190 East Service Rd Covington, LA.

What is the lease rate?

The lease rate is $1,250/Mo.

What are key features of this property?

This property features: Suite C at 3979 Highway 190 East Service Rd in Covington, Louisiana