Office•Office Building•For Sale or Lease

Colony Square - Highway 190 Office

19317 N 10th Street, Covington, Louisiana 70433

Sale Price $569,500
Lease Rate $8.51-$11.20 /SqFt MG
Sale Type Owner User
Zoning HC2
Bldg Type Multi-Tenant
Class C
Status Existing
Year Built 1983
Year Renovated 2014
Stories 2
Cap Rate 8.60%
Gross Bldg 6,588 SqFt
RBA 6,588 SqFt
Contig Space 1,938 SqFt
Land Area .44 Acres
Avail Parking 4/1000SqFt
Ceiling Height 12.0 Ft
Improvements Prime corner location on Hwy 190 in Covington. Near all major commercial with 50k+ cars per day. 100 x 200 lot
Net Op Inc $48,966
Market New Orleans
Sub-Market Northshore New Orleans - Covington
Legal Descr 0.44 Acres Situated in Portion of Squares 32 and 48 - and a Portion of Zula St., Mailleville Subdivision
High-Visibility Office Building on corner of Highway 190 and N 10th St. in Covington. Building includes 5 suites totaling 6588 SF. Reserved covered parking for each suite plus customer parking in front. Convenient to I-12 and downtown Covington. Owner will owner-finance with 20% down and 4.5% interest rate on a 20-year amortization with 10-year balloon - $2,882.37/ month. See attached brochure for other terms of sale and suite breakdown. Current income $3345/ month. Total potential income $5545/ month. Perfect for owner/user needing convenient office space with highway visibility. - Suite A: 750 SF - built out for salon and faces Hwy 190 - Suite B: 1750 SF - LEASED - Suite C: 1075 SF - LEASED - Suite D: 1075 SF - LEASED - Suite E: Second floor location with lots of offices and plumbing throughout High-visibility office building on the corner of Highway 190 and 10th St. Two suites available: 750 SF downstairs suite and 1938 SF upstairs suite. Very affordable office space with Highway 190 frontage! Reserved covered parking for each suite plus customer parking in front. Convenient to I-12 and downtown Covington. Office complex also for sale through owner-financing with 20% down and a 4.5% interest rate on a 20-year amortization with 10-year balloon - $2,882.37/monthly. Perfect for owner/user needing convenient office space with highway visibility. Prime corner location on Hwy 190 in Covington. Near all major commercial with 50k+ cars per day. 100 x 200 lot
  • Perfect for owner/user needing convenient office space with highway visibility
  • Owner Financing Available
  • Reserved Covered Parking For Each Suite Plus Additional Customer Parking in Front
  • 2 Suites Available, Modified Gross Lease
  • Suite A: 750 SF - Currently built out for salon and faces Highway 190.
  • Suite E: 1938 SF - Second floor location with lots of offices and plumbing throughout.

2 Spaces

Office Building
750 SqFt
$11.20 MG
A
1
9/1/2019
750 SqFt
750 SqFt
High-Visibility Retail/Office Suite on the corner of Highway 190 and 10th St. 750 SF. Currently built out for a salon and faces Hwy 190. Reserved covered parking plus customer parking in front of building included. Building is convenient to I-12 and downtown Covington. Healthy traffic count of 50,000+ cars daily! Modified Gross lease at $700 per month. Tenant pays utilities, communications, and interior janitorial. Water and trash included. Building also for sale with owner-financing.
Office Building
1,938 SqFt
$8.51 MG
E
2
9/1/2019
1,938 SqFt
1,938 SqFt
Fantastic price on this highway frontage office located on the corner of Highway190 and 10th St. 1938 SF. Second-floor location with lots of offices and plumbing throughout. Reserved covered parking plus customer parking in front of building included. Convenient to I-12 and downtown Covington. Healthy traffic count of 50,000+ cars daily! Modified Gross lease at $1375 per month. Tenant pays utilities, communications, and interior janitorial. Water and trash included. Building also for sale with owner-financing.
9/7/2019 9:34:48 PM 9/12/2019 8:07:15 PM

LEAVE A MESSAGE

0/100
Human? type 107 below...
dummy toaster to trick _toastr script loaded by scripts.js Show Default