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Restaurant Opportunity in Prime Location
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7497 Pinnacle Pkwy, Covington, LA 70433

Restaurant space in high-traffic commercial area near I-12.

Space Size7,739 SF
Days on Market1043

Property Features for 7497 Pinnacle Pkwy

General Information

Standard status Active
Size 7,739 SF
Total Parking Spaces 89
Property subtype Retail
Lease Type NNN

Building Details

Building Size 7,739 SF
Year Built 2019
Tenancy Single

Spaces For Lease

at 7497 Pinnacle Pkwy Contact us

Available Space

Size
7,739 SF
Type
Retail
Lease Type
NNN
Availability
Active
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Listing Agency: Corporate Realty
Listed By: Austin Lavin · License #LA SALE.0995683576-ACT
Source: Crexi
Added: Oct 5, 2023 Changed: Aug 10 Last Checked: Aug 11 at 7:29PM

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 Corporate Realty

Investment Insights

Based on property information with market context.

Located at 7497 Pinnacle Pkwy in Covington, Louisiana, this property presents a valuable opportunity for a restaurant in a rapidly developing commercial corridor. Originally built as a Saltgrass Steakhouse, the site is positioned between the Pinnacle Pkwy/I-12 Interchange to the east and the Hwy 21/I-12 Interchange a half-mile to the west. The property is situated in front of a retail center anchored by Kohl’s, Hobby Lobby, Academy Sports, and Petco, along with a 159,000-square-foot Costco and Floor & Decor. Additional outparcels feature Olive Garden, Texas Roadhouse, and Cracker Barrel. A Mercedes-Benz dealership is located across the street on Pinnacle Parkway.

Key Highlights

  • Prime restaurant location in a rapidly developing commercial corridor.
  • Situated between two I‑12 interchanges for easy access.
  • Located in front of a retail center anchored by Kohl’s, Hobby Lobby, Academy Sports, and Petco.

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Big Box & Wholesale Store Auto Parts Store Real Estate Agency Electrical Service Kitchen & Bath Showroom Auto Repair Shop

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
$6.20 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

849
Businesses Nearby
891k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Apparel 23% Superstores 23% Dining 22% Shops & Services 19%
Target Superstores
108,624 visits/mo 0.5 miles
Sam's Club Superstores
97,135 visits/mo 0.4 miles
Academy Sports + Outdoors Apparel
78,745 visits/mo 0.5 miles
Hobby Lobby Shops & Services
44,221 visits/mo 0.4 miles
Winn-Dixie Groceries
43,591 visits/mo 0.4 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

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?
Conventional restaurant - Restaurant space in high-traffic commercial area near I-12.
Where is this conventional restaurant located?
The property is located at 7497 Pinnacle Pkwy Covington, LA.
What is the lease rate?
The lease rate is $41.35 SF/Yr.
What are key features of this property?
This property features: Prime restaurant location in a rapidly developing commercial corridor.; Situated between two I‑12 interchanges for easy access.; Located in front of a retail center anchored by Kohl’s, Hobby Lobby, Academy Sports, and Petco.
(504) 581-5005 Call to check price and availability
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