Medical Office with Additional
For Sale
$1,199,000
56 Starbrush Circle, Covington, LA 70433
Medical office with NNN lease and two adjacent buildable lots.
Property Size4 SF
Price / SF$299,750
Days on Market333
Property Features for 56 Starbrush Circle
General Information
Standard status
Active
Size
4 SF
Property subtype
Mixed Use
Building Details
Year Built
2010
Listing Agency:
Coldwell Banker Commercial TEC Realtors
(504) 782-9373
Listed By:
Ron Patron · License #0995701890
(504) 782-9373
Source:
Cbcworldwide
Added: Sep 10, 2025
Changed: Aug 8
Last Checked: Aug 8 at 4:50AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Commercial TEC Realtors
Investment Insights
Based on property information with market context.
This property features a medical office building with two adjacent lots. The medical office building has 4,064 square feet and is currently under a NNN lease, generating $9,526 in monthly income. The two adjacent lots, identified as 50 Starbrush Circle (Lot 123) and 60 Starbrush Circle (Lot 121), offer buildable areas of 25,869 square feet and 31,861 square feet, respectively. The entire package is offered with a 7% cap rate on the medical office component.
Key Highlights
- Medical tenant in place with NNN lease generating $9,526 monthly income.
- Priced to move with a 7% cap rate on the medical office.
- Includes two adjacent buildable lots (50 & 60 Starbrush Circle) totaling 57,730 SF.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
663
Businesses Nearby
Under-served
Demand for This Use
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
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Medical office with NNN lease and two adjacent buildable lots.
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: Medical tenant in place with NNN lease generating $9,526 monthly income.; Priced to move with a 7% cap rate on the medical office.; Includes two adjacent buildable lots (50 & 60 Starbrush Circle) totaling 57,730 SF.
