The Pulse: Lafayette

The Pulse LFT: Former KFC property sells on Ambassador Caffery

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 3328 Ambassador Caffery Pkwy, Lafayette, LA 70506 Type: Retail Price: $1,150,000 ($547.62 / SF) Buyer: 3328 AMBASSADOR CAFFERY LLC Elifin's Notes: The KFC fast food retail property sells near the intersection of Ambassador Caffery Parkway & Johnston Street 1207 N University Ave, Lafayette, LA 70506 Type: Office Price: $460,000 ($139.39 / SF) Buyer: DUPONT...

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The Pulse LFT: Pathway Church purchases their Southcity Pkwy location

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 200 Southcity Pkwy, Lafayette, LA 70503 Type: Specialty Price: $1,827,829 ($146.46 / SF) Buyer: PATHWAY CHURCH INC Elifin's Notes: Pathway Church Inc. purchases the specialty property which they occupy along Southcity Parkway 100 Cheyenne Dr, Scott, LA 70583 Type: Multifamily Price: $1,089,000 ($60,500 / Unit) Buyer: CASTLE ROW LLC Elifin's Notes: An 18-unit, all 2BR/1BA...

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The Pulse LFT: Lafayette Parish purchases 6-acre parcel

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 1001 E Saint Mary Blvd 725 Coolidge St, Lafayette, LA 70503 Type: Office Price: $630,000 ($58.70 / SF) Buyer: VALE REAL ESTATE INVESTMENTS LLC Elifin's Notes: A mult-tenant office building sells in the Oil Center at the Corner of Coolidge Street and East Saint Mary Boulevard 623 Albertson Pkwy 404, 408 Kelsea Drive,...

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The Pulse LFT: Maple Leaf Apartments sold to local investors

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 1815 Eraste Landry Rd, Lafayette, LA 70506 Type: Multifamily Price: $805,400 ($67,117 / Unit) Buyer: MAPLE LEAF LIVING LLC Elifin's Notes: A pair of local investors purchase the Maple Leaf Apartments, 12-units, on Eraste Landry Road 113, 114 Twin Meadow Lane, Lafayette, LA 70508 Type: Land Price: $315,000 ($4.95 / Land SF) Buyer: GFYM...

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The Pulse LFT: Class A office property sells for 8.2mm

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 425 Settlers Trace Boulevard, Lafayette, LA 70508 Type: Office Price: $8,200,000 ($266.49 / SF) Buyer: 425 SETTLERS LLC Elifin's Notes: A two-story Class A medical office building sells on Settlers Trace Boulevard 1304 Bertrand Drive, Lafayette, LA 70506 Type: Office Price: $3,150,000 ($62.18 / SF) Buyer: BE TRO LLC Elifin's Notes: A six building office...

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The Pulse LFT: 75-Unit Acadiana Mini-Storage Facility sells

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 100BLK Gatehouse Drive, Carencro, LA 70520 Type: Land Price: $310,000 ($0.59 / Land SF) Buyer: CARENCRO RENTALS LLC Elifin's Notes: Local entity purchases 11+ acres of vacant land near I-49 in Carencro 304 Fairlane Dr, Lafayette, LA 70507 Type: Industrial Price: $285,000 ($77.74 / SF) Buyer: EMERGED INVESTMENTS LLC Elifin's Notes: Local investor purchases an...

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The Pulse LFT: “The Point” property at the corner of Simcoe and Surrey sells

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 101 Oil Patch Road, Broussard, LA 70518 Type: Industrial Price: $1,520,000 ($126.67 / SF) Buyer: BAYCO HOLDINGS LLC Elifin's Notes: An under construction industrial building, which will have 2,746 sq ft of office space and 9,254 sq ft of warehouse space, sells within the Garber Industrial Park in Broussard 900 East...

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The Pulse LFT: First Baptist Church purchases building downtown

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 810 S Buchanan St, Lafayette, LA 70501 Type: Office Price: $2,697,500 ($174.03 / SF) Buyer: FIRST BAPTIST CHURCH OF LAFAYETTE LOUISIANA INC THE Elifin's Notes: The First Baptist Church of Lafayette Louisiana purchases the office building along with the 0.4+ acre parking lot at the corner of South Buchanan and...

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The Pulse LFT: Connoly Park strip center sells for 4.65mm in Carencro

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 107 Hector Connoly Rd, Carencro, LA 70520 Type: Retail Price: $4,650,000 ($181.64 / SF) Buyer: SAI SRK CREATIONS LLC Elifin's Notes: A multi-tenant retail strip center, Connoly Park, sells in Carencro 130 N Bernard Rd, Broussard, LA 70518 Type: Industrial Price: $1,295,331 ($80.96 / SF) Buyer: FNLR NON FRICTION LLC Elifin's Notes: FNLR Non Friction...

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The Pulse LFT: 21 Apartment units change hands near ULL Campus

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 1318 Lee Ave, Lafayette, LA 70506 Type: Multifamily Price: $1,445,000 ($68,810 / Unit) Buyer: 1318 LEE HOLDINGS LLC Elifin's Notes: An entity purchases 21 of the 23 condominium units within the Lee Avenue Apartment Complex near campus 110 Armentor St, Lafayette, LA 70501 Type: Multifamily Price: $675,000 ($27,000 / Unit) Buyer: LT ENTERPRISES LLC Elifin's...

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