The Pulse: Lafayette

The Pulse LFT: Gas station off I-10 in Scott sells for 3mm

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 202 N Ambassador Caffery Pkwy Type: Retail Price: $3,050,000 ($610.00 / SF) Buyer: ZAREEN ENTERPRISE LLC Elifin's Notes: Local investors purchase a gas station/convenience store property right off of the I-10 Ambassador Caffery exit in Scott 409 S Bernard Rd Type: Industrial Price: $3,000,000 ($119.05 / SF) Buyer: BERNARD RD NO 1 LLC Elifin's Notes:...

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The Pulse LFT: Holiday Village Mobile Home Park sells

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 2808 W Pinhook Rd Type: Multifamily Price: $2,500,000 ($48,076.92 / Unit) Buyer: LAFAYETTE MHP LLC Elifin's Notes: New York-based entity purchases the 52-unit Holiday Village Mobile Home Park sitting on 10.894 acres near the intersection of Verot and Pinhook 112 Guernsey Ln Type: Industrial Price: $1,200,000 ($93.17 / SF) Buyer: TKSM HOLDINGS LLC Elifin's Notes:...

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The Pulse LFT: Renowned Jefferson Street Pub building sells for $2.6mm

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 500 Jefferson St Type: Mixed-Use Price: $2,600,000 ($173.33 / SF) Buyer: SEVEN OAKS GRAND COTEAU LLC Elifin's Notes: Arnaudville-based investors purchase the renowned downtown building housing the Jefferson Street Pub on the first floor and 5 apartments on the second, along with the adjacent 0.356 acres of commercial land, currently...

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The Pulse LFT: KADN Fox 15 studio on Eraste Landry sells

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 700 I 10 S Frontage Rd Type: Retail Price: $2,500,000 ($446.43 / SF) Buyer: GUILLORY OIL COMPANY INC Elifin's Notes: Eunice-based company purchases the combination McDonalds and Gas Station/Convenience Store located near the Scott/Cankton exit off of I-10 201 Saint Patrick St Type: Office Price: $1,916,300 ($98.76 / SF) Buyer: CHAPMAN, LELAND RANDELL; CHAPMAN,...

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The Pulse LFT: Former Riverside Church property sold

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 200 Southcity Pkwy Type: Specialty Price: $1,800,000 ($144.23 / SF) Buyer: SOUTHCITY PROPERTIES LLC Elifin's Notes: Local developers purchase a portion of land, including the 12,480 sq ft building, formerly occupied by the Riverside Church of Christ 1951 Chemin Metairie Rd Type: Land Price: $1,473,678 ($9.00 / Land SF) Buyer: SUGAR MILL VILLAS II...

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The Pulse LFT: Medical center adjacent to ULL sold

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 104 Four Park Rd Type: Retail Price: $600,000 ($115 / SF) Buyer: FOURPARK RENTALS LLC Elifin's Notes: Local buyer acquires a day care center in Carencro 248 N College Rd Type: Office Price: $425,000 ($106 / SF) Buyer: SABBAGHIAN PROPERTIES LLC Elifin's Notes: An entity, led by a local doctor, purchases the Acadiana Spine and...

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The Pulse LFT: Commercial real estate sales from last week

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 1717 Eraste Landry Rd Type: Multifamily Price: $3,800,000 ($34,862 / Unit) Buyer: STANLEY LAFAYETTE OAKS LLC Elifin's Notes: Local investment group purchases the Oak Park Estates mobile home park in the Oak Park Estates area 111 Wallace Broussard Rd Type: Retail Price: $3,000,000 (- / SF) Buyer: CADET 23 LLC Elifin's Notes: Delaware-registered entity acquires...

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