16 Nov The Pulse: Popeyes on Burbank Sold for 5.35% Cap Rate
A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 10613 Burbank Dr Price: $3,399,551 ($1,555 / SF) Buyer: Tandem Columbus Equities, LLC Elifin's Notes: New Jersey-based investor purchases net-leased Popeyes off Burbank Dr near the Bluebonnet Blvd intersection. This represents a 5.35% cap rate. 8770 Elm Grove Garden Dr Price: $1,517,773 ($18,069 / Unit) Buyer: TBF Development, LLC Elifin's Notes: Alabama-based...