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    Covington, LA NNN Properties for Sale

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    Abita Springs, LA Mandeville, LA Madisonville, LA
    Freestanding Dollar General in Abita Springs
    $688,800
    7,500 SF
    Freestanding Dollar General in Abita Springs

    21458 Hwy 36, Covington, LA

    Single tenant Dollar General with minimal landlord responsibilities.
    • Investment grade credit rating of "BBB" with S&P and a positive/stable outlook.
    • NN+ lease structure - minimal landlord responsibilities.
    • Dollar General boasts 33 consecutive quarters of same‑store sales growth and 2021 revenues topped $34 billion with $2.4 billion in net income.
    • Strategically situated directly along Hwy 36 experiencing over 8,000+ vehicles passing site daily.
    • Strong demographics: 20,000+ people reside within 3 miles, 6,000+ daytime employees, and average household income exceeds $77,000+ within 3 miles.
    Updated: Sep 13, 2024
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    Government Leased Building in Covington
    $2,143,000
    15,682 SF
    Government Leased Building in Covington

    351 HOLIDAY Drive, Covington, LA 70433

    Government leased building in Covington, Louisiana, with renewed lease.
    • Government leased building with an 8% CAP rate
    • Tenant recently renewed lease for another 5 years
    • Tenant has occupied the building for several years with consistent 5‑year renewals
    • Located just off Hwy 190 and I‑12 in Covington, LA
    • Off‑street parking lot available
    Updated: Jun 18, 2024
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    Express Oil Change Investment Opportunity
    $2,335,000
    4,732 SF
    Express Oil Change Investment Opportunity

    NNN leased Express Oil Change with corporate guarantee.

    70516 LA-21, Covington, LA 70433

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    Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 3 Active listings in Covington, LA, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Magazine Street NNN Investment Opportunity
    $1,850,000
    0.10 Acres
    Magazine Street NNN Investment Opportunity

    Prime NNN retail investment property on Magazine Street for sale.

    4119 Magazine Street, New Orleans, LA

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    Gerber Collision Investment Opportunity
    $2,263,000
    17,149 SF
    Gerber Collision Investment Opportunity

    NNN leased Gerber Collision and Glass in Prairieville, Louisiana.

    17014 Airline Hwy, Prairieville, LA 70769

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    Dairy Queen Drive-Thru Investment
    $2,092,000
    3,128 SF
    Dairy Queen Drive-Thru Investment

    NNN leased Dairy Queen in Prairieville, Louisiana for sale.

    36572 C Braud Rd, Prairieville, LA 70769

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    Income-Producing Commercial Property on Oak
    $1,150,000
    3,540 SF
    Income-Producing Commercial Property on Oak

    Two-story commercial building with off-street parking on bustling Oak Street.

    8228 Oak St, New Orleans, LA 70118

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    Covington, LA Nnn Properties Investment Opportunities Market Analysis

    Explore 3 nnn properties for sale in Covington, LA, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 27,914 square feet of properties for sale, with an estimated market value of $5,166,800.

    Sale prices for triple net lease properties in Covington, LA start at $688,800, averaging $1,722,266, and reaching up to $2,335,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 63K
    Population Growth (5Y) +14.9%
    Median Household Income $80,022
    College Educated 34.2%

    High-Yield Neighborhoods for Investment

    Identify Covington submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    70433 $2.2M

    Taxes & Financing

    Tax Rate (average for all types) 12.71%
    Property Tax per SF $19.46 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in St. Tammany Parish

    New Delisted

    Total CRE Inventory on Market (SF)

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