The Pulse BR: Chick-fil-A purchases new restaurant location

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

Commercial Sales Recorded Last Week

Tract Y-8-A-1-A Woodbine Ct, Prairieville, LA 70769
Tract Y-8-A-1-A Woodbine Ct, Prairieville, LA 70769

Type: Land
Price: $10,960,850 ($1.35 / Land SF)
Buyer: Magnolia Ridge Logistics Investment LLC
Elifin’s Notes: A 186+ acre tract of land sells in Prairieville.

511 N Airline Hwy, Gonzales, LA 70737
511 N Airline Hwy, Gonzales, LA 70737

Type: Retail
Price: $2,500,000 ($446.43 / SF)
Buyer: Chick-fil-A Inc
Elifin’s Notes: Chick-fil-A purchases the former Piccadilly location at the intersection of Airline Highway and East Ascension Street.

6333, 36574 Lyle Dr, Geismar, LA 70734
6333, 36574 Lyle Dr, Geismar, LA 70734

Type: Land
Price: $1,650,000 ($5.58 / Land SF)
Buyer: Cornerstone Development of Ascension LLC
Elifin’s Notes: A 6.7+ acre vacant parcel of land sells off of Industrial Drive in Geismar.

355 W Lee Dr, Baton Rouge, LA 70820

Type: Retail
Price: $1,481,481 ($433.18 / SF)
Buyer: Desiwaala LLC
Elifin’s Notes: North Carolina-based investor purchases a newly-constructed Take 5 Oil Change on the corner of W Lee Dr and Burbank Dr.

7070 Florida Blvd, Baton Rouge, LA 70806
7070 Florida Blvd, Baton Rouge, LA 70806

Type: Retail
Price: $775,000 ($93.15 / SF)
Buyer: NAF BR LLC
Elifin’s Notes: New Orleans-based investors purchase Family Dollar on Florida Blvd.

2170 Main St, Baker, LA 70714
2170 Main St, Baker, LA 70714

Type: Office
Price: $425,000 ($323.19 / SF)
Buyer: Voje LLC
Elifin’s Notes: California-based investor purchases Domino’s location in Baker.

42168 Clouatre Rd, Gonzales, LA 70737
42168 Clouatre Rd, Gonzales, LA 70737

Type: Land
Price: $250,000 ($1.21 / Land SF)
Buyer: M J Templet Properties LLC
Elifin’s Notes: St. Amant-based investors purchase a 4.7+ acre parcel of land fronting on Clouatre Road.


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
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