10 May The Pulse: Former Albertsons Sold and Floor and Decor Building Plans

Posted at 08:19h in Research, The Pulse, The Pulse: Baton Rouge by ELIFIN® 0 Comments
A weekly update on the commercial real estate landscape of Baton Rouge.

Commercial Sales Recorded Last Week

3180 Convention St
Price: $500,000 ($77 / SF)
Buyer: Capitol City Family Health Center Incorporated
Elifin’s Notes: Baton Rouge-based non-profit, Capitol City Family Health Center, purchases office off Convention St near the N Acadian Thwy intersection.
2623 Government St
Price: $675,000 ($106 / SF)
Buyer: Panoramic Properties LLC
Elifin’s Notes: The owners of JCW, a local creative agency, purchases Taylor Clark building in mid-city.
5425 Galeria Dr
Price: $338,400 ($68 / SF)
Buyer: Minghua Ye
Elifin’s Notes: Texas-based investor purchases partially leased office building off Sherwood Forest Blvd between Coursey Blvd and Airline Hwy
1280 O’Neal Lane
Price: $3,264,390 ($369 / SF)
Buyer: Exchangeright Net-Leased Portfolio 46 DST
Elifin’s Notes: ExchangeRight, a California-based real estate investment firm, purchases Fresenius Kidney Care facility on O’Neal Lane north of the I-12 intersection.
10988 N Harrell’s Ferry Rd
Price: $150,000 ($105 / SF)
Buyer: Brock Alex Mathew Facione
Elifin’s Notes: Local attorney purchases office suite at Myrtle Lake Plaza Office Condominiums.
3071 Teddy Dr
Price: $390,000 ($99 / SF)
Buyer: CBSB Investment Properties LLC
Elifin’s Notes: Local investor purchases office building near the Airline Hwy and I-12 intersection.
11559 Florida Blvd
Price: $1,600,000 ($21 / SF)
Buyer: TP Properties Management Corporation
Elifin’s Notes: Former Albertson’s on Florida Blvd at N Sherwood Forest Dr sells to local dentist.

No multifamily sales recorded in EBR Parish last week

 

Land Sales

2029 North St
Price: $375,000 ($5.52 / Land SF)
Buyer: RNDC BR LLC
Elifin’s Notes: Louisiana nonprofit, Renaissance Neighborhood Development, purchases the remaining portion of the city block neighboring their purchase of 655 Scenic Hwy.
4459 Bluebonnet Blvd, Building 1
Price: $495,000 ($90.00 / Land SF)
Buyer: Progeny Holdings LLC
Elifin’s Notes: SafetyPro Resources owner purchases office pad site at the developing Mercantile Office Park located on Bluebonnet Blvd south of the Jefferson Hwy intersection.
11870 Florida Blvd
Price: $260,000 ($8.15 / Land SF)
Buyer: Tam T Chu
Elifin’s Notes: Husband and wife purchase vacant lot on the hard corner of Florida Blvd and Little John Dr.

Mixed-Use Sales

655 Scenic Hwy
Price: $400,000 ($39 / SF)
Buyer: RNDC BR LLC
Elifin’s Notes: Louisiana nonprofit, Renaissance Neighborhood Development, purchases former Northside Motors Exchange building off Scenic Hwy a few blocks south of I-110.

Specialty Sales

10420 Barringer Foreman Rd
Price: $3,000,000 ($195 / SF)
Buyer: Area 53 Properties LLC
Elifin’s Notes: Local attorney purchases former Cypress Heights Academy facility.

 

 

Upcoming Planning Commission Cases

Floor & Décor – Proposed development near Costco
Restaurant/Outdoor event space under Perkins overpass
  • Submitted on 4/1/2021 by Sarah Margaret Smith, Attorney. Proposed rezoning from Light Industrial (M1) to Commercial Alcoholic Beverage (restaurant) (C-AB-1) for reception hall serving alcohol / outdoor event space.
  • Staff Report – Application – View on Map

 

Commercial Permits Issued Last Week

05/07/2021 // 11441 INDUSTRIPLEX BLVD BATON ROUGE LA 70809
  • Type: Occupancy
  • Description: Existing Office/Warehouse
  • Owner: BOBBY ROBERT
05/07/2021 // 331 3RD ST BATON ROUGE LA 70801
  • Type: Occupancy
  • Description: Existing bar/club.
  • Owner: Chad Hughes
05/07/2021 // 1754 CEDAR LAKE DR BATON ROUGE LA 70808
  • Type: Commercial: Remodel
  • Description: Fire Damage renovation to Unit B of 900 s.f. in Four Plex from fire in kitchen. Scope of work include replacing sheetrock on ceiling and adjacent apartment walls. Replacing burnt electrical wiring in kitchen area. Replacing burned plumbing fixtures in kitchen area. Replacing all ductwork and new a/c unit.
  • Owner: Amie Rabel
05/07/2021 // 8218 INNOVATION PARK DR BATON ROUGE LA 70820
  • Type: Occupancy
  • Description: existing fourplex
  • Owner: Romico Barnes
05/07/2021 // 10001 STE 100 PERKINS ROWE BATON ROUGE LA 70810
  • Type: Occupancy
  • Description: Full service Restaurant and Bar.
  • Owner: FRANCOIS ALZAEEM
05/07/2021 // 4735 PERKINS RD BATON ROUGE LA 70808
  • Type: Occupancy
  • Description: Outpatient physical Therapy Clinic
  • Owner: Simmit Bankston
05/07/2021 // 6650 RIO DR BATON ROUGE LA 70812
  • Type: Occupancy
  • Description: 4 unit Apartment Complex
  • Owner: Martrell Harris
05/06/2021 // 6246 FLORIDA BLVD BATON ROUGE LA 70806
  • Type: Occupancy
  • Description: Existing Retail/ Clothing store
  • Owner: T. Rochelle Brooks
05/06/2021 // 8231 STE B SUMMA AVE BATON ROUGE LA 70809
  • Type: Occupancy
  • Description: MASSAGE THERAPY: DEEP TISSUE MASSAGE, RELAXATION MASSAGE, CUPPING THERAPY, SUGAR EXFOLIATION SCRUB, AND STRETCHING. GUIDED MEDITATION AND TOUCHLESS ENERGY WORK.
  • Owner: LOUAY MOHAMMAD
05/06/2021 // 5425 STE F GALERIA DR BATON ROUGE LA 70816
  • Type: Occupancy
  • Description: Spa and Wellness Therapy
  • Owner: JaQuencia Johnson
05/06/2021 // 7655 AIRLINE HWY BATON ROUGE LA 70814
  • Type: Occupancy
  • Description: new owner/Commercial equipment rental
  • Owner: Michael Jarreau
05/06/2021 // 1044 BROADMOOR CIR BATON ROUGE LA 70815
  • Type: Electrical
  • Description: Repairs to existing electrical overhead service. Service Drop was struck by fallen limb which caused damaged to riser pipe and drop from utility pole. Will need inspection later today to have service reenergized.
  • Owner: Tan Wynn
05/06/2021 // 4215 STE 3 S SHERWOOD FOREST BLVD BATON ROUGE LA 70816
  • Type: Occupancy
  • Description: Barbershop.
  • Owner: Hillary Jackson
05/06/2021 // 2862 O’NEAL LN BATON ROUGE LA 70816
  • Type: Occupancy
  • Description: existing 4 bay Shop space
  • Owner: Steven Kaplan
05/06/2021 // 7234 AIRLINE HWY BATON ROUGE LA 70805
  • Type: Commercial: Remodel
  • Description: Renovation and change of occupancy of existing 887 s.f. Car Wash building to Business for motor vehicle sales.
  • Owner: ESSAM FARHAT
05/06/2021 // 8510 QUARTERS LAKE RD BATON ROUGE LA 70809
  • Type: Occupancy
  • Description: Personal Services – eyelashes, permanent make-up, etc.
  • Owner: Elpida Thongsavanh
05/06/2021 // 11406 LAKE SHERWOOD AVE N BATON ROUGE LA 70816
  • Type: Commercial: Remodel
  • Description: Interior renovation of 329 s.f. in existing building for business use.
  • Owner: Quan Wang
05/06/2021 // 5875 FLORIDA BLVD BATON ROUGE LA 70806
  • Type: Commercial: New
  • Description: (EXPEDITED) 509 SF COFFEE CAFE DRIVE THROUGH (SP 1-21)
  • Owner: CORRIE HIGGINS
05/06/2021 // 13520 STE D PERKINS RD BATON ROUGE LA 70810
  • Type: Occupancy
  • Description: New owner of existing nutrition store
  • Owner: david gill
05/05/2021 // 10350 SCOTLAND AVE BATON ROUGE LA 70807
  • Type: Occupancy
  • Description: Barbershop
  • Owner: Neal Burrell
05/05/2021 // 7922 STE 1 SUMMA AVE BATON ROUGE LA 70809
  • Type: Occupancy: Clean
  • Description: Clean and show.
  • Owner: Lalitha Chalasani
05/05/2021 // 6240 FLORIDA BLVD BATON ROUGE LA 70806
  • Type: Occupancy
  • Description: Office to tutor students in reading and writing along with adult GED services.
  • Owner: Datta Marquette
05/05/2021 // 5627 STE A6 SUPERIOR DR Baton Rouge LA 70816
  • Type: Occupancy
  • Description: Office for security company.
  • Owner: Rina LLC
05/05/2021 // 3151 COLLEGE DR BATON ROUGE LA 70808
  • Type: Occupancy
  • Description: Smoke related novelty sales
  • Owner: Ian Carpenter
05/05/2021 // 209 W STATE ST BATON ROUGE LA 70802
  • Type: Occupancy
  • Description: Existing RESTURANT(Formally Crab Queens)
  • Owner: Lekiedra Coleman
05/05/2021 // 23896 ZACHARY-SLAUGHTER HWY SLAUGHTER LA 70777
  • Type: Occupancy
  • Description: Convenient store selling alcohol
  • Owner: Moe Javer
05/04/2021 // 6663 JEFFERSON HWY BATON ROUGE LA 70806
  • Type: Occupancy
  • Description: Clean and show.
  • Owner: Michael Normand
05/04/2021 // 1335 KENILWORTH PKWY BATON ROUGE LA 70808
  • Type: Electrical
  • Description: Installing 2 Tesla solar batteries
  • Owner: Bill Stickle
05/04/2021 // 16441 S HARRELL’S FERRY RD BATON ROUGE LA 70816
  • Type: Gas Test
  • Description: Gas test on rental unit #5108
  • Owner: N/A
05/04/2021 // 6947 VAN GOGH AVE BATON ROUGE LA 70806
  • Type: Occupancy
  • Description: Church with office space.
  • Owner: Vernene Rogers
05/04/2021 // 16441 S HARRELL’S FERRY RD BATON ROUGE LA 70816
  • Type: Gas Test
  • Description: Gas test for Rental unit 5001
  • Owner: N/A
05/04/2021 // 1530 N FOSTER DR BATON ROUGE LA 70806
  • Type: Occupancy
  • Description: Income Tax Office.
  • Owner: Susan LeBlanc
05/04/2021 // 10652 STE D ALCO AVE BATON ROUGE LA 70816
  • Type: Occupancy: Clean
  • Description: Clean and show
  • Owner: Casey Helms
05/04/2021 // 162 LEE DR BATON ROUGE LA 70808
  • Type: Occupancy
  • Description: Small retail business clothing ( My Pynk Bouteek)
  • Owner: Amber Wells
05/04/2021 // 8049 STE A SUMMA AVE BATON ROUGE LA 70809
  • Type: Electrical
  • Description: WILL NEED EMERGENCY INSPECTION — Burnt Meter socket in meter Bank. Units A, B, C, D and house meter
  • Owner: Geordy B
05/04/2021 // 4269 PERKINS RD BATON ROUGE LA 70808
  • Type: Occupancy
  • Description: Hair salon.
  • Owner: Beverly Thornton
05/03/2021 // 12232 INDUSTRIPLEX BLVD Baton Rouge LA
  • Type: Occupancy
  • Description: Office/Warehouse – photography equipment/sets.
  • Owner: Daniel Spencer
05/03/2021 // 10881 INDUSTRIPLEX BLVD BATON ROUGE LA 70809
  • Type: Commercial: New
  • Description: NEW CONSTRUCTION OF CONCRETE SLAB FOUNDATIONS FOR THE INSTALLATION OF (2) 320 s.f. (Units A and B) PREFABRICATED SHIPPING CONTAINERS FOR STORAGE (S1) OCCUPANCY AND TYPE IIB CONSTRUCTION. THE BUILDINGS ARE NOT SPRINKLERED. NO ELECTRICAL MECHANICAL OR PLUMBING IN SCOPE.
  • Owner: KATHRYN KIRSCHMAN FAMILY MYERS
05/03/2021 // 12030 LAKELAND PARK BLVD BATON ROUGE LA 70809
  • Type: Occupancy
  • Description: Contractor’s office/warehouse.
  • Owner: Charles Carter
05/03/2021 // 1010 NICHOLSON DR BATON ROUGE LA 70802
  • Type: Occupancy: Clean
  • Description: Clean and Show.
  • Owner: donnie jarreau
05/03/2021 // 10267 BLACK OAK DR BATON ROUGE LA 70815
  • Type: Gas Test
  • Description: Gas test only
  • Owner: Constant Delpit
05/03/2021 // 1817 S SHERWOOD FOREST BLVD BATON ROUGE LA 70816
  • Type: Occupancy: Clean
  • Description: Clean and show.
  • Owner: Carter Kronlage
05/03/2021 // 4021 W E. HECK CT BATON ROUGE LA 70816
  • Type: Occupancy
  • Description: Mortgage broker office
  • Owner: Darlene Reese
05/03/2021 // 8841 BLUEBONNET BLVD BATON ROUGE LA 70810
  • Type: Occupancy
  • Description: Insurance agency office.
  • Owner: WILLIAM HAYS
05/03/2021 // 1683 O’NEAL LN BATON ROUGE LA 70816
  • Type: Occupancy
  • Description: Sign meter. Electrical only.
  • Owner: Saraah Still
05/03/2021 // 1683 O’NEAL LN BATON ROUGE LA 70816
  • Type: Occupancy: Clean
  • Description: Clean and show for retail space.
  • Owner: sarah still
05/03/2021 // 4021 W E. HECK CT BATON ROUGE LA 70816
  • Type: Occupancy
  • Description: Mortgage broker office.
  • Owner: Darlene Reese
Elifin Realty
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