17 Feb The Pulse: Baton Rouge Medical Clinic Sells for $4.1 Million

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

Commercial Sales Recorded Last Week

505 E Airport Ave
Price: $4,122,000 ($318 / SF)
Buyer: Yellowhammer Partners LLC
Elifin’s Notes : Peranich Huffman Net Lease Group, a Texas real estate brokerage firm specializing in single tenant medical office and dialysis property investment sales, purchase facility Baton Rouge Vascular Access clinic.

8046, 8050 Florida Blvd
Price: $700,000 ($63 / SF)
Buyer: LLB Property LLC
Elifin’s Notes : Baum’s Bakery sells their building near the corner of Florida Blvd and Wooddale Blvd to LLC based out of Lafayette, LA.

11760 Florida Blvd
Price: $240,000 ($56 / SF)
Buyer: Nam Hung Pham
Elifin’s Notes : Mark’s Seat Cover Center sell their building near the corner of Florida Blvd and Little John Dr.

6869 Rembrandt Ave
Price: $560,000 ($40,000 / Unit)
Buyer: IRA Innovations LLC FBO Jean Lauzon IRA
Elifin’s Notes : The Shiloh Apartments, a 14-unit complex off of Florida in the Melrose East subdivision, sells to out of state multifamily investor.

3472 King Bradford Dr, 3543 Yorkfield Dr, 3545 Yorkfield Dr
Price: $525,000 ($43,750 / Unit)
Buyer: Johden Properties LLC
Elifin’s Notes : Local multifamily investor purchases three 4-plexes off of O’Neal Lane.

Upcoming Planning Commission Cases

• Silo Farm at Rouzan: Community Garden & Building
  • Submitted 12/05/2019 by Charles Landry. Proposed community garden and 565 sf community building in the Silo Farm at Rouzan subdivision.
  • Staff Report – Plans – Map

Commercial Permits Issued Last Week

• Type: Commercial: Parking Lot
• Description: Site work and parking lot for future Commercial office park intended for 4 buildings (to total 18,715 s.f. of Business occupancies) on separate, adjacent lots. THIS permit is specific to the parking on Lot 5-C. SEE 89751 FOR UPLOADED DRAWINGS and associated documents.
• Owner: N/A

• Type: Occupancy
• Description: Funeral Home
• Owner: N/A

• Type: Commercial: Remodel
• Description: Renovation to finish out existing vanilla box tenant space C of 1,214 s.f. in existing shell bldg. for new chiropractic Business.
• Owner: Erich Crawford

• Type: Occupancy
• Description: Existing Salon: new tenant is using as salon
• Owner: Mike Brown

• Type: Commercial: Addition
• Description: Addition of Non-Sprk. 1,800 s.f. pre-fab wood building to existing 3424 s.f. church, to be used as new fellowship hall; includes a new 98 s.f. enclosed breezeway connecting both buildings. 2-hour separation one end of ext. wall at breezeway. No plumbing.
• Owner: N/A

• Type: Occupancy
• Description: Snowball Stand No cooking or concessions
• Owner: Blanca Rush

• Type: Occupancy
• Description: existing restaurant
• Owner: N/A

• Type: Commercial: Remodel
• Description: Interior remodel of an existing fast food restaurant, 268 s.f. of 4,470 s.f., Assembly use.
• Owner: N/A

• Type: Sign: On Premise
• Description: Wall sign at 10’8 by 3’6. Illuminated
• Owner: Rhiannon Castro

• Type: Occupancy
• Description: OFFICE
• Owner: N/A

• Type: Occupancy
• Description: Automotive repair
• Owner: Iyad Shoukri

• Type: Occupancy
• Description: Office
• Owner: N/A

• Type: Commercial: Remodel
• Description: Flood damage renovation of 1000 s.f. tenant space for business use. Building received 3′ of water. Scope of work includes replacing sheetrock/insulation to 4′, doors, receptacles, sink and cabinet, and flooring. Renovation to remain spa use as it was formerly. No structural changes.
• Owner: Charles Stutts

• Type: Occupancy
• Description: Medical Transport
• Owner: Steve Adams

• Type: Occupancy
• Description: Occupancy
• Owner: Tommy Karam

• Type: Commercial: New
• Description: New 560 s.f. modular bldg. (555 s.f. + 56 s.f. porch), stairs and ramp, brought for use as small restaurant seating for 8, and parking to serve. VEHICLES ARE NOT ALLOWED TO BACK INTO THE STREET.
• Owner: R. Denise Stevenson

• Type: Occupancy
• Description: Commercial Occupancy
• Owner: Youngjae Lee

• Type: Commercial: New
• Description: New 2,400 s.f. bldg. for automobile(s), boat and equipment storage, S-1, use, and parking/site work to access and serve.
• Owner: Mr. & Mrs. Lovance & Leslie Poydras

• Type: Occupancy: Clean
• Description: Clean and Show
• Owner: N/A

• Type: Metropolitan Board of Adjustments
• Description: MBOA to add an additional Manufactured home for the care of the aged and infirm
• Owner: Johnny Wallace

• Type: Occupancy
• Description: Massage Therapy
• Owner: N/A

• Type: Occupancy
• Description: COMMERCIAL RAMP INSTALLATIONS
• Owner: N/A

• Type: Electrical
• Description: BUSS BAR REPLACEMENT ON APT. 812 & 814
• Owner: N/A

• Type: Electrical
• Description: Service install near batting cage
• Owner: N/A

• Type: Electrical
• Description: Upgrade service to 600 amp service
• Owner: Audie Simms

• Type: Occupancy
• Description: Therapeutic Massage Clinic
• Owner: N/A

• Type: Occupancy
• Description: Commercial Occupancy
• Owner: N/A

• Type: Electrical
• Description: Telephone cabinet server was hit by a truck (repaired)
• Owner: N/A

• Type: Sign: On Premise
• Description: 2 wall signs with an overall width and height of 7′ by 15′ at east and south elevation. Illuminated.
• Owner: KELLY WALKER

• Type: Sign: On Premise
• Description: Wall sign at 22′ by 3’8, pylon sign at 12′ by 12′. Illuminated.
• Owner: N/A

• Type: Occupancy
• Description: office
• Owner: N/A

• Type: Sign: On Premise
• Description: 1 directional sign at 3′ by 2′. Nonilluminated.
• Owner: Jason Eisenberg

• Type: Occupancy
• Description: Existing Alteration’s service
• Owner: Suu Nguyen

• Type: Electrical
• Description: 400amp service change out. 400amp service change out.
• Owner: N/A

• Type: Commercial: Remodel
• Description: Renovation of 1,970 s.f. space (formerly 2 suites) in multi (4 spaces) tenant bldg. for new small restaurant, Assembly use reviewed as Business with less than 50 occupants. Portion of existing bldg. remaining unresolved/unoccupied. Appears to require site work/parking renovation also.
• Owner: Tri Truong

• Type: Commercial: New
• Description: New construction to rebuild former small restaurant of 2,082 s.f. for continued Assembly use, reviewed as Business with occupant load less than 50 persons, and parking/site work to serve. Scrape and rebuild Tying in to existing services and grease trap remaining in place.
• Owner: N/A

• Type: Commercial: Complete Interior
• Description: New construction of 20,900 s.f. bldg. for aircraft hanger with Fixed Base Operator room, and 3 storage hangers. THIS permit is for the complete interior of the Unit 1 Aircraft hanger of 6,950 s.f. for S-1 occupancy. SEE 99534 for UPLOADED DRAWINGS and associated documents.
• Owner: N/A

• Type: Commercial: Complete Interior
• Description: New construction of 20,900 s.f. bldg. for aircraft hanger with Fixed Base Operator room/Business occupancy, and 3 storage, S-1, hangers. THIS permit is for the complete interior of the Fixed Base Lounge Area of 1750 s.f. for Business occupancy. SEE 99534 for UPLOADED DRAWINGS and associated documents.
• Owner: N/A

• Type: Occupancy
• Description: Recording Studio
• Owner: Wendy Calloway

• Type: Electrical
• Description: Disconnect – Re-Connect Emergency on meter bank for Apt #25
• Owner: N/A

• Type: Commercial: Complete Interior
• Description: New construction of 20,900 s.f. bldg. for aircraft hanger with Fixed Base Operator room, and 3 storage hangers. THIS permit is for the complete interior of the Unit 3 Aircraft hanger of 4,200 s.f. for S-1 occupancy. SEE 99534 for UPLOADED DRAWINGS and associated documents.
• Owner: N/A

• Type: Plumbing
• Description: THE EXSTING BACK FLOW AT THE LOCATION, THE NUMBER 4 TEST COCK WAS BROKEN OFF. A NEW BACK FLOW WAS INSTALLED AND TESTED
• Owner: N/A

• Type: Sign: Off Premise
• Description: Billboard at 36′ by 10’6.
• Owner: Scott Snyder

• Type: Occupancy
• Description: Martial Arts Studio
• Owner: N/A

• Type: Occupancy
• Description: Construction company office space
• Owner: N/A

• Type: Commercial: Complete Interior
• Description: New construction of 20,900 s.f. bldg. for aircraft hanger with Fixed Base Operator room, and 3 storage hangers. THIS permit is for the complete interior of the Unit 2 Aircraft hanger of 8,000 s.f. for S-1 occupancy. SEE 99534 for UPLOADED DRAWINGS and associated documents.
• Owner: N/A