Property profile

69627 Stirling Blvd Covington, LA 70433

OFF-MARKET
Retail properties & Spaces
3,065 SF Built 2014
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Property summary

AI-generated overview

This exceptional free-standing restaurant building presents a unique opportunity in the thriving Covington, Louisiana market. Located at 69627 Stirling Blvd, this 3,065 square foot single-tenant property sits on a 0.92-acre lot and boasts 40 convenient parking spaces. Constructed in 2014, the building is currently vacant and ready for immediate occupancy. Its prime location within the bustling River Chase shopping center offers unparalleled visibility and accessibility. River Chase is strategically situated at the intersection of Interstate 12 and Louisiana Highway 21, benefiting from high traffic volume and strong demographics. This premier retail center is anchored by major retailers including Sam's Club, Target, Belk, JCPenney, and Rooms to Go, establishing it as the largest shopping destination in St. Tammany Parish and one of the largest open-air shopping centers in Louisiana. The property's single-story design and ample parking provide a convenient and attractive setting for a variety of restaurant concepts. This is an exceptional opportunity to establish a successful business in a high-traffic, high-visibility location within a well-established and thriving retail environment. The property is located in St. Tammany Parish, Louisiana, with a zip code of 70433.

Property profile

Verified
Property type Retail properties & Spaces
Year built 2014
Total area 3,065 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

69627 Stirling Blvd Covington, LA 70433
Covington metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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