71363 Thelma St Covington, LA 70433
- Commercial real estate
- 12,600 SF
Current Use by Public Records
- Commercial real estate
Property Details for 71363 Thelma St
- Year built
- 2024
- Property size
- 12,600 SF
- Property type
- Commercial real estate
Description
This exceptional Covington, LA property offers five brand-new, 2,520 square foot commercial suites, totaling 12,600 square feet. Strategically located off Highway 190, this warehouse provides easy access to major transportation routes. Each suite boasts a thoughtfully designed layout, including a small office space, a convenient kitchenette, and a private bathroom. The inclusion of a 14' x 14' roll-up door in each suite caters to a wide range of business needs, from storage and distribution to light manufacturing and retail operations. The property is zoned HC2, allowing for diverse commercial uses, enhancing its investment potential. Priced at $1,525,000, this represents an attractive opportunity, especially considering the modified gross lease at just $13 per square foot. The modern design and functional features make this a highly desirable property for businesses seeking a well-equipped and conveniently located space. The individual suites offer flexibility for businesses of varying sizes, while the overall size provides potential for expansion or consolidation. This is a rare chance to acquire a newly constructed, multi-suite warehouse in a prime Covington location.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Covington
- County
- St Tammany
- State
- Louisiana
- Longitude
- -90.087
- Latitude
- 30.4695
