18 May The Pulse BR: Bottom Line Equipment purchases land

Posted at 08:43h in Research, The Pulse, The Pulse: Baton Rouge by ELIFIN® 0 Comments

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

Commercial Sales Recorded Last Week

18350 Petroleum Dr, Baton Rouge, LA 70809

Type: Industrial
Price: $4,487,000 ($105.59 / SF)
Buyer: NACL Holdings LLC
Elifin’s Notes: This property sold for $2.5 million in 2017.

1718 Blvd De Province, Baton Rouge, LA 70816

Type: Multifamily
Price: $3,000,000 ($39,474 / Unit)
Buyer: T&A 2026 LLC
Elifin’s Notes: A 76-unit multifamily property changes ownership on Boulevard De Province.

416-420 Mississippi St, Donaldsonville, LA 70346

Type: Retail
Price: $2,253,000 ($89.40 / SF)
Buyer: SSK LA LLC
Elifin’s Notes: A two building property that includes a Hotel, Lounge, Conference Center, and the Former Bank of Ascension building.

Tract I-B Old Perkins Road W, Baton Rouge, LA 70810

Type: Land
Price: $1,750,000 ($14.93 / Land SF)
Buyer: 1029 LA CRETE LLC
Elifin’s Notes: Bottom Line Equipment purchases a 2+ acre tract of land near their current location.

10440 Coursey Blvd, Baton Rouge, LA 70816

Type: Retail
Price: $1,456,000 ($141.61 / SF)
Buyer: DTK Florida LLC
Elifin’s Notes: A Florida-based company acquires a retail property currently occupied by Dollar Tree off of Coursey Boulevard.

12240 Coursey Blvd, Baton Rouge, LA 70816

Type: Retail
Price: $1,390,000 ($111.20 / SF)
Buyer: 12240 Coursey Blvd Holdings LLC
Elifin’s Notes: A strip center property sells on Coursey Boulevard.

34464 Terminal Ct, Geismar, LA 70734

Type: Land
Price: $685,787 ($5.77 / Land SF)
Buyer: Random Spacing LLC
Elifin’s Notes: A 2+ acre parcel of commercial land sells on Terminal Court.

17544 Greenwell Springs Rd, Central, LA 70739

Type: Office
Price: $450,000 ($180.00 / SF)
Buyer: Greenwell Springs 17544 LLC
Elifin’s Notes: An office property changes hands across from Journey Church on Greenwell Springs Road.

10627 Alco Ave, Baton Rouge, LA 70816

Type: Retail
Price: $300,000 ($75.95 / SF)
Buyer: Waters Family Investments LLC
Elifin’s Notes: A bar and pool hall property sells off of Airline Highway in Acadian Place.

1084 Monet Dr, Baton Rouge, LA 70806

Type: Multifamily
Price: $300,000 ($10,714 / Unit)
Buyer: Monet Townhouses LLC
Elifin’s Notes: A 28-unit multifamily property changes hands on Monet Drive.

3027 Nicholson Dr, Baton Rouge, LA 70802

Type: Retail
Price: $300,000 ($45.82 / SF)
Buyer: GAB Concessions LLC
Elifin’s Notes: A commercial property, formerly a thrift store, sells on Nicholson.

3939 Choctaw Dr, Baton Rouge, LA 70805

Type: Retail
Price: $285,000 ($22.84 / SF)
Buyer: M&K Property Group LLC
Elifin’s Notes: A former Dollar General branch property changes hands on Choctaw Drive.

Lot C Central Thrwy, Central, LA 70739

Type: Land
Price: $275,000 ($0.96 / Land SF)
Buyer: Mike and Stephanie Properties LLC
Elifin’s Notes: A 6+ acre parcel of land sells off of Central Throughway.

11880 Greenwell Springs Rd, Baton Rouge, LA 70814

Type: Retail
Price: $255,000 ($95.33 / SF)
Buyer: Pham, Helen Phuong
Elifin’s Notes: A retail property formerly occupied by a bank sells on Greenwell Springs Road.

11318 Cedar Park Ave, Baton Rouge, LA 70809

Type: Industrial
Price: $210,000 ($111.52 / SF)
Buyer: HDAL Properties LLC
Elifin’s Notes: An industrial property changes ownership on Cedar Park Avenue.

6251 Equity Dr, Baton Rouge, LA 70809

Type: Industrial
Price: Withheld
Buyer: Grahams Dreams LLC
Elifin’s Notes: An office/warehouse property sells in Baton Rouge’s Industriplex Business Park.

18562 Highland Rd, Baton Rouge, LA 70809

Type: Retail
Price: Withheld
Buyer: Zachary Retail Investments LLC
Elifin’s Notes: An automotive service property changes hands on Highland Road.

Commercial Permits Issued Last Week

Address	Type / Value	Description	Owner / Applicant / Contractor
10330 AIRLINE HWY	Interior Shell Buildout (C) $300,000	This project consists of a tenant build-out for a new Barrio Burrito restaurant. Suite D. This building is new and there is no previous tenant. The occupancy is Assembly Group A-2. However, since the occupant load is less than 50, per IBC 303.01.1, it shall be Business Group B. The building is not sprinklered. The shell and parking were approved under permit 174668	[O] [A] Brett Davis [C] BSD CONSTRUCTION, LLC – Brett Davis
2875 N FLANNERY RD	New Building Permit (C) $160,000	New commercial warehouse building.	[O] [A] Philip Campbell [C] Prime Custom Construction, LLC – Philip Curtis Campbell
9826 BURBANK DR	New Building Permit (C) $88,000	Century Link Communications PROPOSED INSTALLATION OF THE FOLLOWINGLUMEN EQUIPMENT, UTILITY AND ACCESSIMPROVEMENTS WITHIN EXISTING PARCEL: * NEW ROAD EXTENSION & PARKING AREA * (1) NEW 23′-4 X 36′-0 CONCRETE PAD * (1) NEW 12′-0 X 24′-0 CONCRETE PAD * (1) NEW CONCRETE SIDE WALK AND CONCRETEENTRY PADS * (1) NEW 23′ X 36′ EQUIPMENT SHELTER ON NEW CONCRETE PAD * (1) 4′ X 4′ CONCRETE PAD FOR TRANSFORMER * CLEARING APPROXMATELY 500 SQ FT OF EXISTING GRASS/SHRUBBERY AT BACK OF EXISTING COMPOUND TO ACCOMODATE NEW FENCE TO NEW EXPANDED COMPOUND.	[O] [A] Tom Williams [C] MASTEC NETWORK SOLUTIONS, LLC – Stanley Kevin Maclin
216 LOBDELL AVE	Parking Lot Permit (C) $30,000	ARCHITECTS PLUS Remove existing damaged parking lot and repave.	[O] Aaron Anthony Honore [A] C. Joseph Richard [C] N/A
4759 EARL GROS AVE	Existing Bldg – Remodel Only (C) $30,000	Multi family housing	[O] [A] Daryl Evans [C] D. Evans Electric LLC – Daryl Evans
1295 N SHERWOOD FOREST DR	Existing Bldg – Remodel Only (C) $28,700	RESTURANT. Suite A	[O] [A] ABDELAZIZ BILLA [C] N/A
4531 DURHAM PL	Re-Roof (C) $20,000	Roof replacement	[O] Anderson Wells LLC C/O BBPM [A] Austin Lord [C] Roof Rescue LLC
11550 BRICKSOME AVE	Fence Permit (C) $10,500	Fence #1: 4-Rail Cattle Fence (Between Sidewalk & Parking Lot)339 Linear Feet -5′-0 tall -4×4 treated pine posts set 24 in pre-mixed concrete -4′-0 on-center, and 24 subgrade -2×6 treated pine runners (4 per section) -1×4 vertical fascia on postsFence #2: (Along property line, to establish privacy from new restaurant)6′-0 Cedar Privacy Fence129 Linear Feet -4x6x8′ treated pine posts set in pre-mixed concrete -set on 8′-0 centers and 24 subgrade -2×4-16′ treated pine runners (3) -5/8×6-6′ treated pine dog-eared pickets -all lumber affixed with galvanized ring-shanked fasteners	[O] [A] [C] N/A
2192 S SHERWOOD FOREST BLVD	Plumbing Permit (C) $10,000	Gast test commercial	[O] [A] MIKE LASSEIGNE [C] BATON ROUGE SEWER & DRAIN SERVICE, INC.
7200 CYPRESS LAKES APARTMENT BLVD	Electrical Permit (C) $8,000	replacing meter socket for 917 when the power is turned off it will effect apartment 922 914 918 921 house 912 911 904 903 908 907 902 901 910 909 905 906 same day inspection and power to be turned back on residents live there	[O] rand [A] Jason Walker [C] DOUBLE D ELECTRIC, INC.
1623 BRIGHTSIDE DR	Sign Permit (C) $7,270	Commercial Wall Sign	[O] Raj Gupta [A] Amanda Kishbaugh [C] PRO SIGNS & GRAPHICS LLC
4433 PERKINS RD	Sign Permit (C) $6,750	Commercial Wall Sign	[O] [A] John Gambino [C] N/A
5811 CREEK CENTRE DR	Sign Permit (C) $4,750	Chase Bank Commercial Monument Sign	[O] [A] Destiny Sam [C] N/A
8051 PALM PARK LN	Electrical Permit (C) $2,500	INSTALL 100A SERVICE FOR AT&T SMALL CELL. THE POLE WAS DAMAGED BY A VEHICLE.	[O] [A] DEREK TOCA [C] All Electrical Services, LLC
8482 PERKINS RD	Sign Permit (C) $1,525	BR Bricks, LLCdba Bricks & Minifigs Baton Rouge Commercial Wall Sign	[O] [A] Maggie Barrosse [C] N/A
2022 LOBDELL BLVD	Electrical Permit (C) $1,500	Replace the electrical meter on the building.	[O] [A] [C] N/A
2678 GOVERNMENT ST	Existing Bldg – Addition Only (C) $1,200	SCREEN Fabric shades	[O] [A] Robert Holford [C] N/A
6401 BLUEBONNET BLVD	Sign Permit (C) $1,000	Sign – Wall	[O] Swarovski Group [A] Dee-dee Ockman [C] TTA Services LLC
303 E STATE ST	Demolition Permit (C) N/A	Demo of all affected interior areas that have bacterial growth. Demo of all areas that were called out on the code violation and are relevant to demolition.	[O] [A] Henri Faucheux [C] Chinquapin Construction LLC
7079 WINBOURNE AVE	Occupancy Permit (C) N/A	Convince store. Business	[O] Barakat Alhalemi [A] Barakat Alhalemi [C] N/A
11187 MURIEL AVE	Occupancy Permit (C) N/A	Retail space, t shirt making, promotional items, sell of goods	[O] Travis [A] Amanda Portillo [C] N/A
12240 COURSEY BLVD	Occupancy Permit (C) N/A	Changing ownership of strip shopping center.	[O] [A] Bridget Wallace [C] N/A
2533 FLORIDA ST	Occupancy Permit (C) N/A	Commercial kitchen and retail space used for the handcrafted production, packaging, and on-site sale of pralines or pecan candy and Southern confections.	[O] [A] Aaron Bernard [C] N/A
307 3RD ST	Occupancy Permit (C) N/A	Power turned on	[O] Ben Taylor [A] Leo Sanfie [C] N/A
14635 S HARRELL’S FERRY RD	Occupancy Permit (C) N/A	Office work tax prep. Suite 1-C	[O] [A] Judi Louis [C] N/A
10606 N MALL DR	Re-Roof (C) N/A	Low slope (1/4:12) reroof. Original roof section A: 133,300 sq ft Tear off to deck, preliminarily fasten in place 3 ISO insulation and install new Johns Manville 60 mil TPO mechanically fastened roofs. system. Expansion roof section B: 64,700 Reskin – remove existing TPO membrane, leaving in place the inseam fasteners and existing 2.8 ISO insulation. Install new Johns Manville 60 mil TPO mechanically fastened roof system. Like-for-like replacement of existing 39 skylights. No MEP, no structural changes, no added weight	[O] [A] Jeanette Russell [C] SINGLE-PLY SYSTEMS, INC.
2615 NICHOLSON DR	Occupancy Permit (C) N/A	tobacco and wireless shop	[O] [A] NIDAL AHMAD [C] N/A
9430 JACKIE COCHRAN DR	Demolition Permit (C) N/A	1,000 sf old radar building at BR airport	[O] [A] Martin Fears [C] Construction Management Enterprises, L.L.C. – Martin Jay Fears
11880 GREENWELL SPRINGS RD	Occupancy Permit (C) N/A	To be office building.	[O] Elvin Do [A] ELvin Do [C] N/A
3700 E BROOKSTOWN DR	Re-Roof (C) N/A	Roofing work for sixteen (16) buildings at Meadowbrook Apartments including full replacement of existing asphalt shingle roofing systems on selected buildings and roof repairs on designated buildings. No structural modifications included.	[O] [A] Paola Weffer [C] Christmas Construction, LLC – Tom Christmas III
7520 PERKINS RD	Occupancy Permit (Clean & Show) (C) N/A	Clean and Show	[O] [A] Fangting Liang [C] N/A
11829 FLORIDA BLVD	Occupancy Permit (C) N/A	power on	[O] [A] Maikel Valdivia [C] N/A
445 MARQUETTE AVE	Re-Roof (C) N/A	Flat roof overlay	[O] [A] Chris Sutton [C] Premier South LLC
9353 MAMMOTH AVE	Occupancy Permit (C) N/A	RETAIL WHOLESALER. ONLY SELLING PACKAGED GOODS. NO REPACKING, PROCESSING ANYTHING. EVERYTHING COMES FROM THE DISTRUBUTOR READY TO SELL TO THE PUBLIC	[O] [A] Dontrey Barber [C] N/A
8342 PERKINS RD	Occupancy Permit (C) N/A	We are a medical spa. We do all of the same services as the previous tenant. Suite P	[O] [A] Jessica Plaisance [C] N/A
6797 GOYA AVE	Occupancy Permit (C) N/A	storage	[O] Alvin Vallery [A] Velise Vallery [C] N/A
2226 HIGHLAND RD	Occupancy Permit (C) N/A	Grocery Store	[O] April/Jacqulnette Hampton/Jones [A] April Hampton [C] N/A
4763 AIRLINE HWY	Occupancy Permit (C) N/A	Change of management. So I need permit for energy to put lights on in the new management’s name.	[O] Andre Williams [A] Andre Williams [C] N/A
7909 WRENWOOD BLVD	Occupancy Permit (C) N/A	new Lease on office for energy and land services company. Suite C	[O] [A] Greg Spicer [C] N/A
601 LAUREL ST	Occupancy Permit (C) N/A	Non Profit office	[O] [A] Charles Daniel [C] N/A
8221 Ste E Goodwood Boulevard	Occupancy Permit (C) N/A	Sports Therapy Clinic who already has Suites A,B,C. Suite E will be a mixed use space that is used for offices and treatment.	[O] [A] Ana Couture [C] N/A
8418 SCOTLAND AVE	Occupancy Permit (C) N/A	a retail store , classified as a Beauty supply. Suite B	[O] [A] macie smith [C] N/A
11848 S HARRELL’S FERRY RD	Occupancy Permit (C) N/A	The building will be used for storage.	[O] [A] Jesse McCray [C] N/A
10313 JEFFERSON HWY	Occupancy Permit (C) N/A	General Office Space	[O] [A] Mary Dixon [C] N/A
5525 SUPERIOR DR	Occupancy Permit (C) N/A	Office use	[O] [A] Trey Blocker [C] N/A
5000 HENNESSY BLVD	Occupancy Permit (C) N/A	We are a sushi company that will be preparing and packaging retail sushi inside of Our Lady of the Lake Regional Medical Center. We will not have our own point of sale and will be going into an existing/approved space within the medical center. We will not be doing any remodeling or construction and all equipment designated for our use (prep space, retail case, sinks, storage space, etc) is provided to us by Our Lady of the Lake Regional Medical Center. The only new equipment we bring in with us is a rice cooker, pH meter and digital thermometers. We will not make any changes to the space in terms of finishes, plumbing, electrical and any other related areas.	[O] [A] Nicole Ippolito [C] N/A
449 HEARTHSTONE DR	Occupancy Permit (Clean & Show) (C) N/A	Commercial clean and show	[O] [A] Dejanae Burke [C] N/A

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.

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