The Pulse BR: California Firm purchases Dollar General on S Flannery

27 Mar The Pulse BR: California Firm purchases Dollar General on S Flannery

Posted at 09:02h in Research, The Pulse, The Pulse: Baton Rouge by ELIFIN® 0 Comments

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

Commercial Sales Recorded Last Week

13796 Perkins Rd

Type: Retail
Price: $2,600,000 ($788 / SF)
Buyer: Big Boss Perkins LLC
Elifin’s Notes: Perkins Rd Circle K sells to local investor.

3135 Nicholson Dr

Type: Retail
Price: $2,500,000 ($427 / SF)
Buyer: Big Boss Nicholson LLC
Elifin’s Notes: Convenience store sells near the north gates of LSU.

135 S Flannery Rd

Type: Retail
Price: $1,728,062 ($165 / SF)
Buyer: Exchangeright Net-Leased Portfolio 62 DST
Elifin’s Notes: ExchangeRight, a California-based real estate investment firm, purchase the Dollar General on S Flannery Rd.

9449 Hampton Way

Type: Multifamily
Price: $560,000 ($70,000 / Unit)
Buyer: Beekabee & Associates LLC
Elifin’s Notes: Local investors purchase 8 unit apartment complex just off Monterrey Dr.

3368 Brentwood Dr

Type: Office
Price: $515,000 ($140 / SF)
Buyer: Gear LLC
Elifin’s Notes: Local real estate investor, Grey Hammett III, purchases office building on Brentwood Dr.

1444 Jim Taylor Drive

Type: Multifamily
Price: $375,000 ($37,500 / Unit)
Buyer: Investment Divas, LLC
Elifin’s Notes: 10-unit apartment complex sells in Tigerland.

4113 Evan Brooks Dr

Type: Industrial
Price: $365,000 ($58 / SF)
Buyer: John McCrory
Elifin’s Notes: Local investor purchases industrial property on Evan Brooks Dr.

12509 S Choctaw Dr

Type: Industrial
Price: $250,000 ($14 / SF)
Buyer: J & J Hilton Realestate LLC
Elifin’s Notes: Office warehouse sells on S Choctaw Dr.

2013 Dallas Dr

Type: Portfolio
Price: $125,000 ($83 / SF)
Buyer: Dewey Johnson
Elifin’s Notes: Local man purchases 3 industrial properties on Dallas Dr.

Upcoming Planning Commission Cases

Convenience Store and Gas Station at Benny’s Carwash on W Lee Dr

Submitted 3/1/23 by Kyle D. Haigler. P.E.. Proposed convenience store / gas station on property located on the north side of West Lee Drive, east of Bere Lane.
Application – View on Map

Commercial Permits Issued Last Week

Address	Type / Value	Description	Owner / Applicant / Contractor
6230 PERKINS RD	Commercial: Remodel $6,300,000	Federal Credit Union interior renovation, drive-thru canopy alterations, and minor site landscaping	[O] Robert Nading [A] Colin Roach [C] MOMENTUM, INC., A WASHINGTON STATE CORPORATION
450 LOBDELL BLVD	Commercial: Remodel $700,000	(Expedited) Interior remodel project w/ a minor vestibule and partial roof addition at the entryway. Including demo and new construction for the interior remodel and utilities prep for a future generator pad on the site.	[O] Annette Thames [A] Caleb Rutter [C] DBSI, INC. – James Ransco II
10226 JEFFERSON HWY	Commercial: New $675,000	New construction of a 5,126 sq. ft. office building with two suites (100 of 3,556 sq.ft & 101 of 1,496 sq.ft.) at Lot 1 of The Exchange Office Park.	[O] Philip Haddad [A] Chelsey Benoit [C] HADDAD CONTRACTORS LLC
8540 QUARTERS LAKE RD	Commercial: Addition $400,000	(Expedited) A 2,743 square foot addition to an existing 1,800 square foot wood framed office building.	[O] Ryan Thomson [A] NORBERT LANGLINAIS [C] THOMSON BROTHERS CONSTRUCTION, INC.
4041 ESSEN LN	Commercial: Remodel $360,000	Interior renovations to expand offices for Cadence Bank in Suite 101 of I United Plaza. No new plumbing work. HVAC is existing- relocating diffusers only. Lighting is existing- relocating fixtures only. Fire Alarm and Sprinkler modification shop drawings will be submitted to Fire Marshal for approval.	[O] Joe Goudeau [A] Martha Salomon [C] STIRLING PROPERTIES, L.L.C.
6401 BLUEBONNET BLVD	Commercial: Complete Interior $225,000	(Expedited) TENANT BUILD OUT/ALTERATION to 2,700 sq. ft. mall suite 1040 for new shoe sales business.	[O] [A] Amy Diekevers [C] SAJO INC.
8182 AIRLINE HWY	Cell Tower $62,150	swap/add antennas and equipment to an existing cellular tower. No change in height.	[O] Amelia Elder [A] John Ferrell [C] CMS Wireless, LLC of Delaware
5420 ANTIOCH BLVD	Solar $61,940	Installation of 10.95 solar panels located on roof of dwelling	[O] Daniel Roshala [A] Avery Page [C] Green Light Solar, LLC of Texas – Bret Anthony Duplantis
14141 AIRLINE HWY	Commercial: Remodel $46,150	Interior renovation of office and warehouse operations associated with the sales and distribution of mobility equipment.	[O] Natalie Magee [A] Natalie Magee [C] N/A
9425 SOUTHMOOR DR	Commercial: Remodel $42,357	Replace roof fraiming bad spots , adding walls to garage and liiving room Sheetrock Texture , finishing and paint	[O] Breanna Jones [A] Breanna Jones [C] R&S Garcia Builders LLC
9851 OLD HAMMOND HWY	Fence $35,000	Installation of a 6′ tall vertical pine fences separating rear yards of housing units, the same as existing in the back of the property. Replacing the existing chain link fence on the side for the pine fence along driveway. Extend the 6 foot metal fence across the front of the subdivision to match the first filling. Additional 6′ wooden fences for each individual unit on the 10′ private servitude on Lots 32 to 44 and 29 to 31 on public sewer servitude.	[O] Claudia Dulcey [A] Claudia Dulcey [C] HABITAT DIGITAL ENTERPRISES, LLC
4425 GOVERNMENT ST	Commercial: Special Foundation $29,999	Opening a flower shop and putting in a walk in commercial cooler. I am applying for a permit for the cooler	[O] Melanie Jordan [A] Melanie Jordan [C] S.W.S. ENTERPRISES, INC.
10121 BUTTERCUP DR	Solar $18,750	Installation of one solar battery.	[O] Donald Augustine [A] ADT Solar LLC [C] ADT Solar LLC
7100 PRESCOTT RD	Manufactured Home Permit: Relocation $4,500	Relocate mobile home to established trailer park	[O] Josue Isaac [A] Chuck Oliver [C] N/A
4564 BENNINGTON AVE	Fence $3,501	New installation of 4 and 6 foot wooden fencing to create barrier for outdoor patio seating.	[O] Ryan Saleh [A] Bassel Saleh [C] DELTA STATE CONSTRUCTION, LLC
4021 W.E. HECK CT	Commercial: Change in Occupancy N/A	Personal Care Company, occupancy for office	[O] LaCeisha King [A] LaCeisha King [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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