The Pulse BR: Walgreens on Highland Road sold for 2.8 million

A weekly update on the commercial real estate landscape of Baton Rouge.

Commercial Sales Recorded Last Week

5298 Highland Rd
5298 Highland Rd

Type: Retail
Price: $2,836,364 ($216.52 / SF)
Buyer: Cardinal Green Investments LLC
Elifin’s Notes: Walgreens sells on the corner of Highland Rd and W Lee Dr.

2798 O'Neal Lane, Building B
2798 O’Neal Lane, Building B

Type: Office
Price: $560,000 ($112.00 / SF)
Buyer: BP Investment Holdings LLC
Elifin’s Notes: California-based investors purchase office building in the O’Neal Square Office Park.

5329 Dijon Dr, Units 101, 102, 103, 104
5329 Dijon Dr, Units 101, 102, 103, 104

Type: Office
Price: $475,000 ($119.23 / SF)
Buyer: Camcosi LLC
Elifin’s Notes: The Grove Recovery Center purchases 4 office condos in the Dijon Professional Office Condominiums.

662 S Foster Dr
662 S Foster Dr

Type: Office
Price: $360,000 ($257.14 / SF)
Buyer: Taylor Brook Properties LLC
Elifin’s Notes: Local investor purchases standalone office / retail building on S Foster Dr, just off of Government Street in Mid City.

9232 Joor Rd
9232 Joor Rd

Type: Industrial
Price: $350,000 ($66.04 / SF)
Buyer: Blanco’s Roofing & Sheetmetal LLC
Elifin’s Notes: Blanco’s Roofing & Sheetmetal purchase industrial building in Central on Joor Rd near the Hooper Rd intersection.

4537 Lee St
4537 Lee St

Type: Retail
Price: $240,000 ($152.38 / SF)
Buyer: Jackson Properties LLC
Elifin’s Notes: New owners of Shear Image purchase the salon’s building off Main St in Zachary.

120 S 14th St
120 S 14th St

Type: Industrial
Price: $225,000 ($75.00 / SF)
Buyer: Studio Park M-4A LLC
Elifin’s Notes: Industrial property sells on the corner of North Blvd and S 14th St.

1800 Wooddale Ct
1800 Wooddale Ct

Type: Industrial
Price: $175,000 ($29.17 / SF)
Buyer: S & K Properties of Seark LLC
Elifin’s Notes: Industrial property on Wooddale Ct sells to Arkansas-based investor.

11562 Cedar Park Ave
11562 Cedar Park Ave

Type: Industrial
Price: Withheld
Buyer: Rocket Transport LLC
Elifin’s Notes: Local investor purchases industrial property on Cedar Park Ave.


Commercial Permits Issued Last Week


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.

Elifin Realty
marketing@elifinrealty.com
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