HWY 190/I-12 Corridor - Free Standing Restaurant

Retail-Commercial for Lease
Catylist Listing ID: 30327903
Property Subtypes: Free-Standing Building, Mixed Use, Restaurant, Retail-Pad, Tavern/Bar/Nightclub
Contiguous Space: 5,434 SF
Building Size (RSF): 5,434 SF
Gross Land Area: 1 Acre
Lease Rate: $21 - 23 PSF (Annual)
Base Monthly Rent: $9,509 - 10,415
Lease Types: NN
Building Name: Old Applebee's
Usable Size (USF): 5,434 SF
Last Updated: 7/11/2019

Overview / Comments

This is a very well located building. The site is one of the
premier locations in Covington, and it's position within the Holiday Square Shopping Center positively impacts it's marketability. It has excellent exposure to Highway 190 and excellent proximity to Interstate 12. The Holiday Square Shopping Center is situated at the northwest quadrant of Highway 190 and Interstate 12. The development is an established retail node in Covington with several high‐credit retailers including I‐HOP, 2nd & Charles, Movie Tavern,
Honda of Covington, Kia, Hilton Garden Inn, Homewood Suites, Office Depot and others.

Expand All Available Space

Suite: 315 5,434 SF $21 - 23 PSF (Annual) NN
Space Available: 5,434 SF
Lease Rate: $21 - 23 PSF (Annual)
$9,509 - 10,415 (Monthly)
Lease Type: NN
Space Description: Former Applebee'e restaurant. This is an all brick building with ample windows and lighting with a large seating capacity, bar area, complete kitchen, bathroom facilities and is ADA compliant.
Date Available: 8/30/2018
Lease Term: 60 Months
Space Type: Relet
Offices 1
Parking Spaces 73

Additional Details

Nearest MSA: New Orleans-Metairie
County: Saint Tammany
Tax ID/APN: 148902
Zoning: HC-3
Retail Clientele: General, Family, Business, Traveler, Tourist, Recreation, Convention, Other
Property Located Between: Movie Tavern Theater and Shopping Mall with Gym Facilities
Property Visibility: Excellent
Largest Nearby Street: HWY 190 and Interstate 12
Feet of Frontage: 200
Highway Access: Service road
Airports: New Orleans, Hammond and Baton Rouge
Site Description: 5434 square foot single‐story vacant restaurant situated along westerly right‐of‐way of Highway 190 in Covington, Louisiana. The structure is situated on a concrete slab foundation with a wood and masonry construction, a brick exterior, and a flat, built‐up roof. The interior of the dining space features carpet floors, exposed brick masonry columns, painted gypsum board walls, and acoustic tile ceilings. The kitchen features tile floors, gypsum board walls, and acoustic tile ceilings. There is also a 285‐square foot cooler and freezer combo within the kitchen. Other site improvements include a paved concrete surface parking lot with approximately 73 lined parking spaces, including 3 handicap spaces.
Area Description: This is a very well located building. The site is one of the premier locations in Covington, and it's position within the Holiday Square Shopping Center positively impacts it's marketability. It has excellent exposure to Highway 190 and excellent proximity to Interstate 12. The Holiday Square Shopping Center is situated at the northwest quadrant of Highway 190 and Interstate 12. The development is an established retail node in Covington with several high‐credit retailers including I‐HOP, 2nd & Charles, Movie Tavern, Honda of Covington, Kia, Hilton Garden Inn, Homewood Suites, Office Depot and others.
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 5,434 SF
Property Condition: Good
Year Built: 1995
Roof Type: Flat
Construction/Siding: Brick
Exterior Description: All brick with ample lighting and windows, Convenient parking and entrance.
Total Parking Spaces: 73
Parking Type: Surface
Parking Description: On site - 73 spaces including handicap
Sprinklers: None
Heat Type: Electricity
Heat Source: Central
Air Conditioning: Engineered System, Other
Interior Description: The interior space features carpet floors, exposed brick masonry columns, painted gypsum board walls, and acoustic tile ceilings. The kitchen features tile floors, gypsum board walls, and acoustic tile ceilings. There is also a 285‐square foot cooler and freezer combo within the kitchen.
Zoning Description: Situated in a HC‐3, Highway Commercial District. Municipal the purpose of the HC‐ 3 District is 'to provide for the location of larger‐scale, heavy commercial retail, office and service uses with primary accesses being collectors constructed for the development or arterials roadways.'
Lot Frontage: 200
Lot Depth: 231
Water Service: Municipal
Sewer Type: Municipal
Easements: Utilities
Legal Description: .9874 ACS M/L SEC 15 7 11 CB 1395 865 CB 1431 247 CB 1527 386 INST NO 881402 CB 1556 19 INST NO 1219113 INST NO 1822292

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 10,221 34,393 76,902
Median Age: 37.98 41.51 39.96
Households: 3,817 13,124 29,050

Contact

Photograph of Listing Agent

Nick LaRocca

Keller Williams Realty Services
Mandeville, LA
LACDB Member
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