351 Holiday Blvd Covington, LA 70433

This exceptional commercial retail property, located at 351 Holiday Blvd in Covington, Louisiana, presents a compelling investment opportunity. The single-story, 15,682 square foot building sits on a 1.3-acre lot and boasts a Class B designation. Constructed in 2010 (with renovations completed that same year), the property is zoned for commercial use and features a convenient location just off Highway 190 and I-12, ensuring high visibility and accessibility. The property is currently leased under a NNN (Net, Net, Net) lease agreement, with the tenant having a long-standing presence, recently renewing their lease for another five years, with the next renewal anticipated in mid-2026. This provides a stable income stream and minimizes landlord responsibilities. The property's attractive 7.50% cap rate and unit price ranging from $179.92 to $180.11 per square foot make it a highly desirable investment. The property's APN is 1071294172. This is a rare opportunity to acquire a well-maintained, income-producing retail property in a thriving Louisiana market. The property's strong tenant history and prime location make it an ideal addition to any investment portfolio. The building's single-story design and ample parking further enhance its appeal. This property offers a blend of stability and growth potential, making it an attractive investment for discerning buyers.