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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

70496 Highway 21 Covington, LA 70433

2,232 SF
Property ID
Property summary
AI-generated overview

This exceptional 2,232-square-foot retail space is situated in a brand-new, single-tenant building located on Highway 21 in St. Tammany Parish. The property boasts a prominent location on the left side of the highway, offering excellent visibility and accessibility for potential customers. The building itself is a one-story structure, part of a larger strip center, and sits on a sizable 1.47-acre lot. The entire space is currently vacant and ready for immediate occupancy. This presents a unique opportunity for a business seeking a high-traffic location with strong signage opportunities. Tenants will benefit from access to both a monument sign and building signage, ensuring maximum brand visibility. For qualified tenants, the landlord is offering a tenant improvement (TI) allowance as an incentive for a five-year lease agreement. This is an ideal space for a business looking to establish a strong presence in a thriving area. The property is categorized as a single-tenant, anchored strip center, offering a standalone retail experience with the benefits of shared visibility within a larger commercial development. The property's size and location make it suitable for a variety of retail businesses. Contact us today to learn more about this exciting opportunity.

Property profile
Verified
Property type Retail properties & Spaces
Total area 2,232 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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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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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