1200 Business Hwy 190 Covington, LA 70433
This exceptional 1,840 square foot medical office space is located at 1200 Business Hwy 190, Suite 2A in St. Tammany Parish. The property is a single-tenant office building situated on a commercial lot. Recently renovated, this turnkey space is perfectly suited for a variety of medical practices, particularly chiropractic or orthopedic clinics. The suite boasts brand new office and patient room equipment, included in the sale. A significant advantage is the pre-installed X-ray machine, available for purchase separately at $25,000. The current lease agreement has three years remaining, offering immediate occupancy and the potential for a longer-term extension through negotiation with the landlord. This presents a unique opportunity for a medical professional seeking a move-in ready, well-equipped space in a convenient location. The property's single-suite configuration ensures privacy and control, while its commercial zoning allows for flexibility in operations. The location on Highway 190 provides excellent visibility and accessibility for patients and staff. This is a rare opportunity to acquire a fully equipped and established medical office space with a strong remaining lease term.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.