Restaurant Opportunity in Prime
For Lease
$26,667
7497 Pinnacle Pkwy, Covington, LA 70433
Restaurant space in high-traffic commercial area near I-12.
Space SizeContact for details
Days on Market1088
Property Features for 7497 Pinnacle Pkwy
General Information
Standard status
Active
Total Parking Spaces
89
Property subtype
Retail
Lease Type
NNN
Amenities
89 Parking Spaces
Spaces For Lease
at 7497 Pinnacle Pkwy Contact usAvailable Space $26,667/Mo
Contact us
Listing Agency:
Corporate Realty - Main Office
Listed By:
Austin Lavin, CCIM · License #SALE.0995683576-ACT
(504) 432-1232
Source:
Lacdb.resimplifi
Added: Oct 5, 2023
Changed: Sep 9
Last Checked: Sep 26 at 3:35AM
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 - Main Office
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
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
849
Businesses Nearby
891k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Retail in South region
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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 $26,667.
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.
