Property Listing No Longer Available for Sale

73009 Hwy 25, Covington, LA

Shopping Center for Sale - $1,200,000 - 8,500 Sq. Ft. on 1.65 acres


Property Info

CIMLS#930972
Location
  73009 Hwy 25
  Covington LA 70435
UpdatedSeptember 15th, 2017
TypeShopping Center
Price$1,200,000
Building8,500 Sq. Ft.
Land1.65 acres

Property Description

Growth area of Covington on the valuable corner of Hwy 25 and Hwy 190 Bypass. Property has McDonalds in approx 3500 sq ft and 5000 sq ft of vacant space with two baths, 600 amps of electrical and existing A/C. Could be separated into 2 spaces. Very easy to return to vanilla shell. Finished ceiling, plumbing fixtures, HVAC, lighting, and electrical already in place. Walls stripped to studs and ready for buildout. Building well maintained with newer roof. Over 20,000 cars per day with Walgreens, Winn Dixie, CVS, and Wendy's in immediate area.

Location Description:

Northwest corner of Hwy 25 and Hwy 190 Bypass

Highlights:

>> Existing McDonalds tenant occupies 3500 sq ft

>> 5000 sq ft additional space with electricity, HVAC, baths

>> Built in 2004, newer roof

>> Highly visible corner location on Hwy 25 and Hwy 190

>> Over 20,000 cars per day

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** This property also has spaces available for lease.


Financials

Sales Info:

>> Commision split: 3.0%