70496 Highway 21 Covington, LA 70433
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.
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.