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2603 N Highway 190
Covington, LA 70433

Property For Lease

HIGHLIGHTS

  • High Traffic
  • Free Water
  • Easy access to N. Highway 190

PROPERTY FACTS

Property Type Retail
Gross Leasable Area 1,000 SF
Year Built/Renovated 1985/2022
Parking Ratio 10/1,000 SF

ABOUT THE PROPERTY

Property has been a long-time car dealership (Automotorville) that closed the when the owner retired after many successful years (36 years) at this location. The lot can readily handle 65 cars as there is direct access to N. Highway 190 (70k cars/day), 4th Street and Thelma St. via established driveways. A two room office (˜350 sq ft) with a bathroom is onsite. Attached to the office is an enclosed 11' x 26' work space appropriate for mechanic/detailing work. There is also a 18' x 19' metal-roofed carport adjacent to the office building. Two 8' x 26' containers provide considerable protected storage and/or additional covered work space. The rent is $2900.00/month and is leased on a triple Net basis. In addition to rent, tenant is responsible for:electric service, 30% of the property taxes and must carry sufficient liability insurance. The tenant portion of property taxes in 2021 was $2250/year and is assessed monthly ($187.50). Water is provided via a well on the property.

ATTACHMENTS

lot plot and location
  • Listing ID: 25821437

  • Date on Market: 5/31/2022

  • Last Updated:

  • Address: 2603 N Highway 190, Covington, LA 70433