Office Building in Covington

19411 Helenberg Road, Covington, LA

$1,550,000

Price

14,222 sqft

Building Size

1.05 acres

Lot Area

Overview
Building Size
14,222 sqft
Lot Area
1.05 acres
Class
B
Units
8
Year Built
2005
Floors
2
Description

1st time on market, leased office building available. Tenants include Lake Wellness, MD Claims, M & L Publishing & Pathways. Well built and maintained with large amount of parking. Less than a mile North of I-12 and Hwy. 190. Both floors have 4 suites for a total of 8, each are separately metered. Several tenants are using more than one space. There is a gazebo in rear for picnic lunching and camera's on site for tenants use for surveillance. Current cap rate is just at 7%.

Take right after I-12 heading North at light to I-12 Service Road, Take a left on Helenberg, property on left

Highlights
  • Leased Office Building
  • Less than a mile North of I-12
  • 4 Suites on each floor
  • 1st time on the market
  • 7% cap rate
Documents

Location