Pinnacle Pkwy

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Address: Pinnacle Pkwy, Covington, Louisiana, US
Created date: February 19, 2024
Date last updated: April 3, 2024
  • Convenient location
  • Great Exposure along I-12
  • Zoning: HC-3 (Highway Commercial District)
  • High Growth Area

Property Description

This is the premier development site in all of St. Tammany Parish. The intersection of Interstate 12 and Hwy 21 abounds with national retailers and is the shopping hub for the high income demography of Mandeville/Covington, as well as drawing regional shoppers from as far away as Mississippi. Immediately adjacent is the Costco development. The coveted wholesaler chose this site to build its 159,000, $45 million dollar entry into the north shore market. Nearby are Kohl's, Hobby Lobby, Academy Sports, and Petco. The strong purchasing power of the Covington and Mandeville markets is appealing to national retailers, as is the steady population growth in the area. The convenient location and visibility from I-12 allows businesses at the site to attract customer from all over the surrounding region. This is a rare opportunity for a prime retail development at a proven, infill location with shovel-ready land.

Key Property Information

Listing Status: Available
Listing Type: Call for offers
Multifamily type: Land/Development
Price: $11,700,000
Lot Size: 12.98 Sq ft
Opportunity Zone: No
Property Website Click Here
Address: Pinnacle Pkwy, Covington, LA 70433, USA
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