Active
Sale
Investment

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
Prime Retail Investment Opportunity
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

Parcel & Location