Active
Sale
Investment
ID 0b67df6a
Prime Retail Investment Opportunity
1170 N Hwy 190, Covington, LA 70433
For Sale
$1,250,000$122.55/SF
- Building Size
- 10,200 SF
- Lot Size
- 0.7677 ac
- Parish
- St. Tammany
- Days on Market
- 20
- Listed
- 09/10/2026
- Updated
- 09/15/2026

1 / 5
Overview
Strategically located retail investment opportunity in front of Lowe's and Walmart Supercenter featuring an established Verizon operation as the primary tenant. Excellent visibility along highly traveled Hwy 190 Causeway corridor, providing convenient access for customers and strong exposure for retail users. The site includes a dedicated parking lot, enhancing customer accessibility and overall functionality. This property presents an attractive opportunity for an investor seeking a well-located retail asset with an established national tenant and long-term income stability.
A cap rate of 10% + is achievable leasing vacant space at market rents.
Key Property Highlights:
- Established Verizon retail tenant at the property
- Prominent location on Hwy 190 in front of Lowe’s & Walmart Supercenter
- Convenient on-site parking for customers and employees
- Attractive opportunity for an investor seeking an established retail asset
- Located in the growing Covington/St. Tammany Parish market
Attachments
Additional Information
- City
- Covington
- State
- LA
- Zip Code
- 70433
- Zoning
- HC-3
- Zoning Desc.
- Highway Commercial
- Pro Forma NOI
- $132,000
- Tenant
- Verizon, Salon Centric, Republic Finance
- Sale Terms
- Cash to Seller
- Call For Offers
- Yes
- Building Name
- Crestwood Shadow Square
- Parking Type
- Surface
- Submarket Type
- Suburban
- Nearest MSA
- New Orleans, LA
- Property Use Type
- Investment
- Property Status
- Existing
- Nearest Interstate
- I-12 - 0.5 mi
- Parcel APN
- 1070120391
- Listing ID
- 0b67df6a
- City
- Covington
- State
- LA
- Zip Code
- 70433
- Zoning
- HC-3
- Zoning Desc.
- Highway Commercial
- Pro Forma NOI
- $132,000
- Tenant
- Verizon, Salon Centric, Republic Finance
- Sale Terms
- Cash to Seller
- Call For Offers
- Yes
- Building Name
- Crestwood Shadow Square
- Parking Type
- Surface
- Submarket Type
- Suburban
- Nearest MSA
- New Orleans, LA
- Property Use Type
- Investment
- Property Status
- Existing
- Nearest Interstate
- I-12 - 0.5 mi
- Parcel APN
- 1070120391
- Listing ID
- 0b67df6a
