09 Jun The Pulse LFT: Shopping center on Ambassador Caffery sold for 5.8mm

Posted at 09:31h in Research, The Pulse, The Pulse: Lafayette by ELIFIN® 0 Comments

A weekly update on the commercial real estate landscape of Lafayette.

Commercial Sales Recorded Last Week

2240 Ambassador Caffery Pkwy, Lafayette, LA 70506

Type: Retail
Price: $5,800,000 ($68.67 / SF)
Buyer: WAX FAIRVIEW LLC
Elifin’s Notes: Wax Fairview LLC, a California-based company, acquires a Shoppers Value anchored neighborhood center property at the corner of Ambassador Caffery Parkway and Dulles Drive.

926, 930 Veterans Dr, Carencro, LA 70520

Type: Retail
Price: $3,800,000 ($606.74 / SF)
Buyer: GOC LANDHOLDINGS LLC
Elifin’s Notes: GOC Landholdings LLC purchases a pair of side-by-side convenience store/gas stations on Veterans Drive in Carencro.

6422 Ambassador Caffery Pkwy, Youngsville, LA 70592

Type: Retail
Price: $2,300,000 ($396.55 / SF)
Buyer: GOC LANDHOLDINGS LLC
Elifin’s Notes: GOC Landholdings LLC acquires this gas station/convenience store, marking its third gas station acquisition from the past week.

112, 200 Republic Ave, Lafayette, LA 70508

Type: Office
Price: $2,100,000 ($93.22 / SF)
Buyer: ART VANDELAY INDUSTRIES LLC
Elifin’s Notes: Art Vandelay Industries LLC purchases a pair of commercial buildings, each with multiple suites, off of Kaliste Saloom Road.

249, 251 Rousseau Rd, Youngsville, LA 70592

Type: Industrial
Price: $1,961,561 ($56.37 / SF)
Buyer: 251 ROUSSEAU ROAD LLC
Elifin’s Notes: An industrial parcel with four buildings sells on Rousseau Road.

100, 151 Southpark Rd, Lafayette, LA 70508

Type: Office
Price: $1,550,000 ($32.74 / SF)
Buyer: SOUTHPARK TOWER LLC
Elifin’s Notes: Southpark Tower LLC acquires an office property along with an additional parking lot parcel on Southpark Road off of Highway 90 East.

Lots E1, D1 E Broussard Rd, Lafayette, LA 70508

Type: Land
Price: $541,393 ($1.06 / Land SF)
Buyer: ELISE SUBDVISION LLC
Elifin’s Notes: An 11+ acre parcel of land sells on Broussard Road.

1606 Ambassador Caffery Pkwy, Lafayette, LA 70506

Type: Land
Price: $500,000 ($1.73 / Land SF)
Buyer: TOP GROUP INC
Elifin’s Notes: A 6+ acre parcel of vacant commercial land sells near the intersection of Ambassador Caffery Pkwy and Eraste Landry Road.

106 Ave De Freres, Lafayette, LA 70508

Type: Land
Price: $140,000 ($4.09 / Land SF)
Buyer: DRENKORP LLC
Elifin’s Notes: A 0.7+ acre parcel of land sells off of Albertson Parkway.

401 D Arceneaux Rd, Scott, LA 70583

Type: Multifamily
Price: Withheld
Buyer: LUCKY ACADIAN MOBILE HOME PARK LLC
Elifin’s Notes: A New Orleans-based entity purchases a 44-unit mobile home park in Scott.

Commercial Permits Issued Last Week

Address	Type / Value	Description	Owner / Applicant / Contractor
100 E MILTON AVE	Commercial New Construction $1,500,000	New construction. Site infill grading for building pad; site drainage yard inlets; sewer treatment plant. Open air pavilion consisting of outdoor gathering, restrooms, serving area, supply area (pantry)_ and table and chair storage. Plumbing / Mechanical / Electrical: reference drawings for clarifications.	[O] N/A [C] N/A
1601 W PINHOOK RD	Demo (C) $39,255	N/A	[O] N/A [C] PELLERIN & SONS INC, PELLERIN & SONS
3329 W PINHOOK RD	Addition / Alteration / Repair (C) $0	Interior modifications of an existing office building.	[O] N/A [C] S1 Construction, LLC
1201 E BROUSSARD RD	Addition / Alteration / Repair (C) $0	This project is an additional phase (Phase 2) to the existing Project 2024-2639 (Phase 1) that is currently under construction. This project also includes a transference of a portion of Phase 1 (Kids area) into this Phase 2 project in order to achieve occupancy of the portion of the building (Overflow Sanctuary) that is currently under construction prior to finishing the work included in this Phase 2 submission. The scope of this project includes the transference of the kids area on the first floor and two separate 2nd floor balcony areas.	[O] N/A [C] Manuel Commercial (CL), Grant Owens
5500 Ambassador Caffrey Pkwy	Commercial New Construction $0	Construct 100 units. Multi Family town homes on site.	[O] N/A [C] N/A
206 AMBASSADOR CAFFERY PKWY	Commercial New Construction $0	New C Store and Office Build. Fuel Station. Civil Construction. Building Construction	[O] N/A [C] N/A
1715 CAMELLIA BLVD	Commercial New Construction $0	New construction of a 5,103 sf medical office building. Project includes site preparation, new parking, and sidewalks. Construction type is V-B wood frame, slab on grade with shallow foundations. The building is not sprinklered and is not equipped with medical gas.	[O] N/A [C] N/A
300 SPRUCE DR	Electrical Standalone (C) $0	6 month inspection Drive Unit 139	[O] N/A [C] N/A
326 SETTLERS TRACE BLVD	Electrical Standalone (C) $0	Turn utilities on suite that has been without over 6 months Suite 100-B	[O] N/A [C] N/A
101 WHEATFIELD DR	Electrical Standalone (C) $0	Replace existing pole with a 120/240v 125A 3 phase electrical service pole. Install new service, meter base, panel with a 125A main breaker. (1) 3P 30A breaker. (1) 3P 40A breaker. Install 3 – phase surge suppressor, as per NEC Code.	[O] N/A [C] N/A
601 COLORADO RD	Electrical Standalone (C) $0	4-plex, unit C 6/2/2025 01:26 PM Kim LeJeune Yes 6/2/2025 01:12 PM Dru Domingue HAVE THE LIGHTS BEEN OFF FOR MORE THAN 6 MONTHS	[O] N/A [C] N/A
601 COLORADO RD	Electrical Standalone (C) $0	4-plex, unit D	[O] N/A [C] N/A
425 INDUSTRIAL PKWY	Electrical Standalone (C) $0	Replace service	[O] N/A [C] N/A
109 ZONOLITE ST	Electrical Standalone (C) $0	Removing a 200 amp service from building wall so metal can be changed and reinstalling the service to new wall.	[O] N/A [C] N/A
201 COUNTRY RUN DR	Electrical Standalone (C) $0	Electrical service upgrade	[O] N/A [C] N/A
101 LEMOND CIR	Electrical Standalone (C) $0	Replace existing meter base and panel. Install surge suppression. Update grounding. Attached riser diagram to aplication. Also emailed same to Jacob Weaver.	[O] N/A [C] N/A
3201 KALISTE SALOOM RD # 227	Electrical Standalone (C) $0	3201 Kaliste Saloom Rd lot 227 Lafayette, La 70508 Change out pedestal/meter base	[O] N/A [C] N/A
3201 KALISTE SALOOM RD # 307	Electrical Standalone (C) $0	3201 Kaliste Saloom Rd lot 307 Lafayette, La 70508 Change out pedestal/meter base	[O] N/A [C] N/A
1301 VEROT SCHOOL RD	Electrical Standalone (C) $0	Repair service for mobile home in mobile home park. SMITTY’S MOBILE HOME PARK	[O] N/A [C] N/A
1301 VEROT SCHOOL RD	Electrical Standalone (C) $0	Repair service for mobile home in mobile home park. SMITTY’S MOBILE HOME PARK	[O] N/A [C] N/A
1301 VEROT SCHOOL RD	Electrical Standalone (C) $0	Repair service for mobile home in mobile home park. SMITTY’S MOBILE HOME PARK	[O] N/A [C] N/A
1301 VEROT SCHOOL RD	Electrical Standalone (C) $0	Repair service form mobile home in mobile home park. SMITTY’S MOBILE HOME PARK	[O] N/A [C] N/A
1301 VEROT SCHOOL RD	Electrical Standalone (C) $0	Repair service for mobile home in mobile home park. SMITTY’S MOBILE HOME PARK	[O] N/A [C] N/A
1301 VEROT SCHOOL RD	Electrical Standalone (C) $0	Repair service for mobile home in mobile home park. SMITTY’S MOBILE HOME PARK	[O] N/A [C] N/A
1600 N BERTRAND DR	Electrical Standalone (C) $0	Install 60KW generator	[O] N/A [C] N/A
3600 E SIMCOE ST	Electrical Standalone (C) $0	GENERAL FOR LIGHTS	[O] SELF, RIVERSIDE APTS [C] N/A
403 S BUCHANAN ST	Plumbing Standalone (C) $0	BACKFLOW	[O] N/A [C] NAVARRE’S PLUMBING LLC, TYLER NAVARRE
214 JEFFERSON ST	Plumbing Standalone (C) $0	CAP OFF LINES	[O] N/A [C] NAVARRE’S PLUMBING LLC, TYLER NAVARRE
500 E SAINT MARY BLVD	Plumbing Standalone (C) $0	Water sewer and fireline	[O] N/A [C] CONSTRUCTION SITE SPECIALTIES, JEREMY BREAUX
314 TIDELAND RD	Plumbing Standalone (C) $0	CONN TO CITY WATER BROUSSARD WATERWORKS	[O] N/A [C] PLUMBER GIRL LLC, RAINA DUCK
6191 JOHNSTON ST	Plumbing Standalone (C) $0	REPLACE BACKFLOW PREVENTOR FOR IRRIGATION THAT FAILED INSPECTION, BACKFLOW INSPECTIONS WERE EMAILED 05/05/25	[O] N/A [C] BERNHARD MCC, DARYL GAUDET
2921 VEROT SCHOOL RD	Sign – Freestanding (C) $0	N/A	[O] N/A [C] The Stage Karaoke Bar, Jeramie Kinnerson
1100 BERTRAND DR	Sign – Freestanding Electrical (C) $0	N/A	[O] N/A [C] KEEL ENTERPRISES OF LA, LLC, Kevin Leaumont
2921 VEROT SCHOOL RD	Sign – Wall Sign (C) $0	N/A	[O] N/A [C] The Stage Karaoke Bar, Jeramie Kinnerson
2503 SE EVANGELINE THWY	Sign – Wall Sign (C) $0	N/A	[O] N/A [C] TTA Services LLC dba Thunderbolt Signs, Gene Bagot
1100 BERTRAND DR	Sign – Wall Sign (C) $0	N/A	[O] N/A [C] KEEL ENTERPRISES OF LA, LLC, Kevin Leaumont
3225 LOUISIANA AVE	Sign – Wall Sign (C) $0	N/A	[O] N/A [C] Unisignco, Amanda Schott
2503 SE EVANGELINE THWY	Sign – Wall Sign Electrical (C) $0	N/A	[O] N/A [C] TTA Services LLC dba Thunderbolt Signs, Gene Bagot

Sale records included based on the following parameters: Building and commercial land sales with a sales price that is either withheld or greater than or equal to $100,000. Multifamily sales greater than or equal to 5 units. Sale must be an arm’s length transaction (between unrelated parties). Best efforts are made to provide complete and reliable information, but accuracy is not guaranteed and the reader bears the responsibility to verify the accuracy of such information prior to forwarding it, utilizing it, or relying on it in any way.

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