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19317 N 10th Street - Colony Square Retail Center, Covington, LA

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19317 N 10th Street - Colony Square Retail Center

Covington, LA 70433 - Mandeville/Covington Submarket


Property Type:Office Sub Type:Medical Status:Existing Year Built:1983
Stories:1 Typical Floor:7,834 SF Building Size:7,834 SF
Smallest Space:750 SF Largest Space:1,938 SF Total Space Avail:5,513 SF Rent/SF/Yr:
$9.50 - $12.50
Parking:Free Surface spaces are available; Free Covered spaces are available; Ratio of 4.21/1,000 SF Amenities:Air Conditioning, Signage, Air Conditioning, Central Heating, Fully Carpeted, High Ceilings, Kitchen Facilities


Space Available:
Floor
SF Avail
Rent
Occupancy
Lease Term
Space Use
 1st
750 SF
$12.50/SF/Yr
Vacant
2-6 yrs
Retail
 1st
1,750 SF
$9.50/SF/Yr
Vacant
2 yrs
Retail
 1st
1,075 SF
$10.50/SF/Yr
Vacant
2 yrs
Retail
 1st
1,938 SF
$9.50/SF/Yr
Vacant
2 yrs
Office
 
12165930
11257426
10414016
12098960
Marketing Flyer Marketing Flyer  
Space Notes Space Notes  


Floor
SF Avail
Rent/SF/Yr
Occupancy
Lease Term
Space Use
1st
750 SF
$12.50/SF/Yr
Vacant
2-6 yrs
Retail
1st
1,750 SF
$9.50/SF/Yr
Vacant
2 yrs
Retail
1st
1,075 SF
$10.50/SF/Yr
Vacant
2 yrs
Retail
1st
1,938 SF
$9.50/SF/Yr
Vacant
2 yrs
Office
Office Complex on Hwy 190 in Covington, La 70433.


Sale Notes:
High-visibility office building on the corner of Highway 190 and 10th St. in Covington. Buyer can occupy up to 3575 SF and lease the remaining suites for income. 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 5% interest rate on a 20-year amortization with 10-year balloon - $3,112 per month. See attached brochure for other terms of sale.
- Actual and proforma income: $67,760
- Expenses: $16,074
- NOI: $51,686

Suites Available
- Suite A, B, and C adjoin for a total of 3575 SF
- Suite A: 750 SF - Built out for salon and faces Hwy 190
- Suite B: 1750 SF - General office or medical
- Suite C: 1075 SF - Two offices and large lobby/bullpen area
- Suite D: Currently leased to Audible Hearing
- Suite E: Second floor location with lots of offices and plumbing throughout


Keller Williams Realty
Brent Cordell
(985) 727-7179



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