12 And Louisiana Hwy Covington, LA 70433

Property Details for 12 And Louisiana Hwy

Year built

2004

Lot size

253.00 lot acres

Property size

915,000 SF

Property type

Power centers

Property subtype

Retail properties

Description

River Chase, a premier power center in St. Tammany Parish, Louisiana, offers exceptional retail space. Located at the intersection of I-12 and LA Highway 21, this 915,000 square foot center boasts a prime location with unparalleled visibility and accessibility. Anchored by major retailers such as Sam's Club, Target, Belk, and JCPenney, River Chase is the largest shopping destination in St. Tammany Parish and one of Louisiana's largest open-air shopping centers, attracting nearly 7 million visitors in 2023 (Placer.ai). Two spaces are currently available, ranging from 3,500 to 3,600 square feet, ideal for a variety of retail businesses. The property sits on 57.94 acres of land and includes ample surface parking. Beyond retail, River Chase offers significant development potential. It's a Louisiana Economic Development (LED) certified site, zoned for retail, outparcels, office, and multi-family development. Existing on-site residential includes 112 patio homes, 143 townhomes, and 536 multi-family units. Furthermore, there is 44,371 square feet of existing Class A office space, with an additional 50,178 square feet under construction (Q4 2024 delivery) and approximately 11,000 square feet under contract (Q4 2024 closing). This thriving mixed-use development presents a unique opportunity for businesses seeking high visibility and strong demographics in a rapidly growing area. The property was built in 2004 and is situated in a commercially zoned area of St. Tammany Parish County, with Brewster Road as a cross street.

Location Insight

City

Covington

County

St. Tammany Parish

State

Louisiana

Longitude

-90.1423

Latitude

30.4429