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401 N Highway 190
Covington, LA 70433 Outlying St Tammany Parish

$2,998,104 USD

Fast Food For Sale  •  2,573 SF

Property Details

  • Property Type Fast Food
  • Total Building Size 2,573 SF
  • Lot Size 0.56 AC
  • Building Class B
  • Year Built 2025
  • Cap Rate 5.75 %
  • Tenancy Single
0 Transit Score
49 Walk Score

Highlights

Brand New 2025 High-Quality Construction w/ Drive-Thru
10-Year NNN Lease with 10% Increases Every 5 Years and (4) Five-Year Option Periods
Strong Corporate Guarantee from Publicly Traded Company — CAVA (NYSE: CAVA) has a Current Market Cap of $10.1B, with 409 Stores Open
Positioned Along US Highway 190 Just Off the I-12 Interchange — Traffic Counts Exceed 76,000 Vehicles Per Day
Dense and Affluent Demographics — 90,000 Residents Within 5 Miles with Average Household Income Over $109,000
Zero Direct Competition & First-to-Market Advantage, Positioning CAVA as the Sole Health-Forward, Flavor-Driven Option

Property Flyers

Cap Rate: 5.75 %
John Wertz 619-218-6427 Wertz Real Estate Investment Services
John Wertz 619-218-6427 Wertz Real Estate Investment Services