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    109 Northpark Blvd Covington, LA 70433

    Sponsored
    For Lease
    $26 SF/Yr

    Prestigious Covington, LA office space available.

    Lot size:
    115,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This Class A, five-story office building, located at 109 Northpark Blvd, Covington, LA 70433, offers 115,000 square feet of executive and traditional office space within a park-like setting. The property, situated on 10.5 acres (APN 43651, St. Tammany Parish), boasts convenient access to I-12. Currently, 52,234 square feet is available, with spaces ranging from 766 to 21,129 contiguous square feet. The building features three elevators, 352 parking spaces, and is zoned HC-3. Built in 1986, the Northpark Corporate Center is part of a larger 287-acre mixed-use development, sharing prestigious neighbors such as Cantium USA, Chevron, Hornbeck Offshore, LOOP, and POOLCORP. On-site property management ensures a professional environment. The entire third floor will become available in January 2025. This exceptional opportunity is ideal for businesses seeking a high-quality, well-located office space in a thriving Northshore community.

    Property Features for 109 Northpark Blvd

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    115,000 SF
    Class
    A
    Total Rate
    249166.67

    Building Details

    Year Built
    1986
    Buildings
    1
    Stories
    5

    Unit(s) available at that property

    Space
    Suite 220
    Size
    5,675 SF
    Rate per SF
    $26
    Space
    Entire 3rd Floor
    Size
    21,129 SF
    Rate per SF
    $26
    Space
    Suite 300
    Size
    11,071 SF
    Rate per SF
    $26
    Space
    Suite 308
    Size
    2,276 SF
    Rate per SF
    $26
    Space
    Suite 305
    Size
    2,308 SF
    Rate per SF
    $26
    Space
    Suite 520
    Size
    4,132 SF
    Rate per SF
    $26
    Space
    Suite 320
    Size
    4,877 SF
    Rate per SF
    $26

    HighLights

    • 115,000 SF Class A Office Building
    • Five‑story building with three elevators
    • 23,000 SF floor plates
    • Ten‑and‑a‑half acre site with lake and landscape views
    • Professionally managed
    • 352 free parking spaces
    Property Profile Location Intelligence

    Current Use by Public Records

    Elliott Bay Design ... Marine Engineer POOLCORP Corporate Office FedEx Drop Box Mailing Service Superior Pool Products Sporting Goods Store Horizon Distributors, Inc. Corporate Office

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Covington
    County
    St. Tammany Parish
    State
    Louisiana
    Longitude
    -90.0873601
    Latitude
    30.4416472

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    FAQs

    What type of property is this?
    Office Property / Space - Prestigious Covington, LA office space available.
    Where is this office property / space located?
    The property is located at 109 Northpark Blvd Covington, LA.
    What is the lease rate?
    The lease rate is $26 SF/Yr.
    What are key features of this property?
    This property features: 115,000 SF Class A Office Building; Five-story building with three elevators; 23,000 SF floor plates
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

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    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    109 Northpark Blvd Covington, LA 70433
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