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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

69292 La-21 Covington, LA 70433

1,025,000 SF
Property ID
Property summary
AI-generated overview

River Chase, a premier 1,025,000 square foot retail center in Covington, Louisiana, offers exceptional opportunities for businesses seeking high visibility and strong demographics. Located at the intersection of Interstate 12 and Louisiana Highway 21, this single-story building boasts a prominent position within a thriving shopping destination. The center is anchored by major retailers including Sam's Club, Target, Belk, and JCPenney, ensuring consistent high foot traffic. Currently, there are multiple spaces available, ranging from a minimum of 1,410 square feet to a maximum contiguous space of 3,600 square feet. A total of 11,575 square feet is currently vacant. One example of available space is an existing 1,410 square foot unit, previously occupied by a Nutrishop, which will be available in January 2025. The property sits on a substantial 22.55-acre lot and is considered the largest shopping destination in St. Tammany Parish and one of the largest open-air shopping centers in the state of Louisiana. This presents a unique chance to establish a presence in a highly sought-after retail environment with excellent accessibility and strong consumer base. The property is located at 69292 LA-21, Covington, LA 70433, in St. Tammany Parish.

Property profile
Verified
Property type Retail properties & Spaces
Total area 1,025,000 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Isalis (Bike/Boat/Book/etc) Store
  • Party City Party Supply Store (Bike/Boat/Book/etc) Store
  • Skunk Funk Big Box & Wholesale Store
  • Carl's Trading Co Hat Shop
  • Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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