The Pulse BR: Central shopping center sells for 2.6mm

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

Commercial Sales Recorded Last Week

14790 Wax Rd
14790 Wax Rd

Type: Retail
Price: $2,600,000 ($135.42 / SF)
Buyer: Wax Pointe LLC
Elifin’s Notes: Local investor purchases shopping center in Central anchored on both ends by Las Palmas and Johnny’s Pizza.

5215 Perkins Rd
5215 Perkins Rd

Type: Retail
Price: $1,628,000 ($266.89 / SF)
Buyer: Shore Capital Real Estate Partners Holdco LLC
Elifin’s Notes: Perkins Road Veterinary Hospital sells to Shore Capital Partners, a Chicago-based real estate investment firm.

136 W Chimes St
136 W Chimes St

Type: Retail
Price: $463,500 ($122.46 / SF)
Buyer: 136 West Chimes Street LLC
Elifin’s Notes: The lead partners of Leake & Andersson purchase property off Highland Rd near the north gates of LSU.

1825 N Sherwood Forest Dr
1825 N Sherwood Forest Dr

Type: Retail
Price: $292,000 ($90.54 / SF)
Buyer: Educational Station Childcare Center LLC
Elifin’s Notes: Local couple purchase daycare facility on N Sherwood Forest Dr.

8328 Paris Ave
8328 Paris Ave

Type: Land
Price: $180,000 ($8.85 / Land SF)
Buyer: Reeb Rigging LLC
Elifin’s Notes: Reeb Rigging purchase 3 vacant lots at the end of Paris Ave.

1555 Plank Rd
1555 Plank Rd

Type: Retail
Price: $170,000 ($123.01 / SF)
Buyer: Honesty Autoplex LLC
Elifin’s Notes: Honesty Autoplex purchases former Consumer Auto Sales site on the corner of Plank Rd at the I-110 overpass.


Commercial Permits Issued Last Week


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.

Elifin Realty
marketing@elifinrealty.com
No Comments

Post A Comment