69090 Hwy 190 E. Service Road

Expired Office for Sale
Catylist Listing ID: 29999318
Property Subtypes: Office Building
Building Size (RSF): 11,885 SF
Gross Building Area: 13,340 SF
Gross Land Area: 0.47 Acres
Sale Price: $2,100,000
Unit Price: $176.69 PSF
Ceiling: 10 ft.
Property Use Type: Net Leased Investment (NNN)
Class of Space: Class B
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Expired On: 9/5/2017
Last Updated: 9/5/2017

Overview / Comments

A convenient location in the NW quadrant of the I-12 & Hwy 190 Interchange on the Hwy 190 E. Service Road adjacent to Hood Chevrolet. It is a 13,340 two story building with 11,885 of leasable SF in it's current configuration. See LACDB #29898971 for leasing information. The building was totally renovated in 2011, is zoned HC-1 and is in a Flood Zone C.

Additional Details

Nearest MSA: New Orleans-Metairie
County: Saint Tammany
Taxing Authority: City of Covington and St. Tammany Parish
Tax ID/APN: 84115
Zoning: HC-1
Property Located Between: Slemmer Road and Hwy 190 E. Service Road
Property Visibility: Excellent
Highway Access: Hwy 190
Airports: MSY
Site Description: 0.47 acres fronting 190' on the Hwy 190 E. Service Rd and 155' on Slemmer Road
Area Description: Mixed use commercial/retail area. Located adjacent to Hood Chevrolet and across Hwy 190 from the Holiday Square Shopping Center.
Total Number of Buildings: 1
Number of Stories: 2
Typical SF / Floor: 6,500 SF
Year Renovated: 2011
Roof Type: Gable
Construction/Siding: Brick
Exterior Description: Painted brick and Stucco
Parking Type: Surface
Parking Description: Concrete lot
Total Parking Spaces: 29
Passenger Elevators: 1
Sprinklers: Dry
Heat Type: Electricity
Heat Source: Central
Air Conditioning: Package Unit
Internet Access: Cable, Satellite
Interior Description: Multiple suites with office/training buildout on the first floor and a 4,000 SF executive suite and a 2000 SF medical/spa buildout on the 2nd floor.
Zoning Description: HC1
Lot Frontage: 190
Lot Depth: 155
Water Service: Municipal
Sewer Type: Municipal
Land Ownership: Fee Simple
Legal Description: A portion of Lot B in the Nidda Subdivision situated in Section 15, Township 7 South, Range 11 East, St. Tammany Parish, State of Louisiana

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 10,221 36,421 76,902
Median Age: 37.98 41.8 39.96
Households: 3,817 14,233 29,050


Photograph of Listing Agent

Terry Blackwell

Gulf States Real Estate Services Corporate Covington, LA 70433
Not a member of MCAR CIE
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