For Lease
$45/SF/YR

12 And Louisiana Hwy Covington, LA 70433

High-traffic St. Tammany retail center

Overview

Added:
Dec 11, 2024
Days on market:
136
River Chase, a premier power center in St. Tammany Parish, Louisiana, offers exceptional retail space. Located at the intersection of I-12 and LA Highway 21, this 915,000 square foot center boasts a prime location with unparalleled visibility and accessibility. Anchored by major retailers such as Sam's Club, Target, Belk, and JCPenney, River Chase is the largest shopping destination in St. Tammany Parish and one of Louisiana's largest open-air shopping centers, attracting nearly 7 million visitors in 2023 (Placer.ai). Two spaces are currently available, ranging from 3,500 to 3,600 square feet, ideal for a variety of retail businesses. The property sits on 57.94 acres of land and includes ample surface parking. Beyond retail, River Chase offers significant development potential. It's a Louisiana Economic Development (LED) certified site, zoned for retail, outparcels, office, and multi-family development. Existing on-site residential includes 112 patio homes, 143 townhomes, and 536 multi-family units. Furthermore, there is 44,371 square feet of existing Class A office space, with an additional 50,178 square feet under construction (Q4 2024 delivery) and approximately 11,000 square feet under contract (Q4 2024 closing). This thriving mixed-use development presents a unique opportunity for businesses seeking high visibility and strong demographics in a rapidly growing area. The property was built in 2004 and is situated in a commercially zoned area of St. Tammany Parish County, with Brewster Road as a cross street.

Highlights

  • 915,000 SF power center on 57.94 acres in St. Tammany Parish, LA.
  • Anchored by Sam's Club, Target, Belk, and JCPenney.
  • Louisiana's 4th most visited open-air shopping center (Placer.ai, 2023), with nearly 7 million visitors.
  • Features approximately 40 national and regional retailers and restaurants.
  • Louisiana Economic Development (LED) certified site.
  • Zoned for retail, outparcels, office, and multi-family uses.

Property Details for 12 And Louisiana Hwy

Property type
Power centers, Retail properties
RSF (Rentable sq. ft)
915,000 SF
Year Built
2004

Unit(s) available at that property

Space
Suite: Prior Justice
Size
3,600 SF
Rate per SF
$45
Space
Suite: Prior The Children's Place
Size
3,500 SF
Rate per SF
$45

Location Insight

City
Covington
County
St. Tammany Parish
State
Louisiana
Latitude
30.44289139
Longitude
-90.14230153

FAQs

What type of property is this?
Power center - High-traffic St. Tammany retail center
Where is the power center located?
The property is located at 12 And Louisiana Hwy Covington, LA.
What is the lease rate?
The lease rate is $45/SF/YR.
What are key features of this property?
This property features: 915,000 SF power center on 57.94 acres in St. Tammany Parish, LA.; Anchored by Sam's Club, Target, Belk, and JCPenney.; Louisiana's 4th most visited open-air shopping center (Placer.ai, 2023), with nearly 7 million visitors.
How can I contact the broker?
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12 And Louisiana Hwy
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