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71338 Highway 21
Covington, LA 70433

Premier Multi-Tenant Medical Center · Office Property For Sale

PROPERTY FACTS

Property Type
Office
Property Subtype
Medical
Building Size
48,978 SF
Building Class
B
Year Built/Renovated
1980/2018
Tenancy
Single
Building Height
1 Story
Typical Floor Size
48,978 SF
Building FAR
0.28
Lot Size
3.95 AC
Zoning
ID - Institutional Distri
Parking
164 Spaces (3.35 Spaces per 1,000 SF Leased)

About 71338 Highway 21 , Covington, LA 70433

Covington boasts one of the fastest growing economies in Louisiana, bolstered by its rising reputation as a medical hub coupled with one of the State’s highest per capita income rates. With an excellent location on Highway 21 in Covington, within 2 miles of 6 hospitals and numerous medical office centers. The facility was COMPLETELY RENOVATED IN 2013 and the property’s major tenant is Children’s Hospital. Perfect for an owner/user or investor this property offers enormous potential and pride of ownership. Property highlights/features include: ±46,548 SF multi-tenant medical office building & ±2,430 SF secondary building. Complete Renovation in 2013. Easy access with frontage on Hwy 21. Decorative Landscaping featuring beautiful courtyards. Covington, Louisiana, founded in 1813, is a charming Southern community nestled among three beautiful rivers, perfectly located at a fork of the Bogue Falaya and the Tchefuncte River. This magnetizing city holds the parish seat of, St. Tammany Parish, Louisiana. The historic downtown district streets are lined with an eclectic mix of boutiques, art galleries, specialty shops and restaurants. Special care has been taken to ensure the conservation of Covington's historic homes and buildings while also allowing for the modernization of its infrastructure. MINIMUM BID: $3,990,000 BID DEADLINE: Thursday, July 25th, 5 pm CDT For Property Details and Online Auction Information visit ONLINE AUCTION WEBSITE.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
17783
Land Assessment
$0
Improvements Assessment
$537,294
Total Assessment
$537,294
  • Listing ID: 16264580

  • Date on Market: 6/6/2019

  • Last Updated:

  • Address: 71338 Highway 21, Covington, LA 70433

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