The Pulse BR: Chipotle property on Siegen sold to Las Vegas investors

17 Jun The Pulse BR: Chipotle property on Siegen sold to Las Vegas investors

Posted at 09:48h 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

Tract 4-C-2-A Siegen Ln, Baton Rouge, LA 70809

Type: Land
Price: $1,675,000 ($45.24 / SF)
Buyer: CFT NV Developments LLC
Elifin’s Notes: Land adjacent to Chipotle on Siegen Lane sells to Las Vegas-based investors.

710 N Lobdell Blvd, Baton Rouge, LA 70806

Type: Hospitality
Price: $1,200,000 ($24,490 / Unit)
Buyer: ASVR Hospitality LLC
Elifin’s Notes: The Royal Inn & Suites, a 49 suite hotel on N Lobdell Blvd, sells.

3200 Burnside Ave, Gonzales, LA 70737

Type: Industrial
Price: $750,000 ($62.50 / SF)
Buyer: JOHN H CARTER CO INC
Elifin’s Notes: A multi-tenant industrial warehouse/office property sells in Gonzales on an 11+ acre portion of a large tract of land.

9141 Interline Ave, Baton Rouge, LA 70809

Type: Office
Price: $475,000 ($86.00 / SF)
Buyer: Interline Offices LLC
Elifin’s Notes: Local investor purchases Interline Ave office building.

6042 Parkforest Dr, Baton Rouge, LA 70816

Type: Multifamily
Price: $465,000 ($58,125 / Unit)
Buyer: Jerry Courtney Services LLC
Elifin’s Notes: Local investor purchases two neighboring 4-plexes on Parkforest Dr.

11652 Investor Ave, Baton Rouge, LA 70809

Type: Industrial
Price: $265,000 ($110.42 / SF)
Buyer: Grilleco, LLC
Elifin’s Notes: Industrial office / warehouse property sells on Investor Ave.

1129 LA Hwy 1, Donaldsonville, LA 70346

Type: Land
Price: $150,000 ($1.01 / Land SF)
Buyer: ST CHARLES MANOR LLC
Elifin’s Notes: A 3.4+ acre vacant parcel of commercial land sells along LA Hwy 1 in Donaldsonville.

7926 Wrenwood Blvd, Baton Rouge, LA 70809

Type: Office
Price: Withheld
Buyer: TGB2 Real Estate LLC
Elifin’s Notes: Two-story office building sells on the corner of Wrenwood Blvd and Jefferson Hwy.

Commercial Permits Issued Last Week

Address	Type / Value	Description	Owner / Applicant / Contractor
2279 MAIN ST	Remodel Permit $800,000	Interior renovation and repurposing of an existing building on a church campus to house a food pantry and a youth entertainment center.	[O] Josh Johnson [A] Ritter Maher [C] Scheffy Construction, LLC
2011 MILLERVILLE RD	Remodel Permit $700,000	New pet supplies retail store including grooming services.	[O] Brian Collins [A] Michael Hamer [C] ENGELKE CONSTRUCTION SOLUTIONS LLC
885 FROGMORE DR	New Building Permit $450,000	New construction of 1760 sq. ft. restaurant (Business Use, Assembly under 50).	[O] Ike Powell [A] Barbara Estes [C] WAFFLE HOUSE, INC.
4444 ARNOLD LN	Remodel and Addition Permit $150,000	Office Area Addition	[O] Shane Normand [A] Nicholas Schramm [C] SCHRAMM CONSTRUCTION, LLC
7722 OFFICE PARK BLVD	Remodel Permit $108,200	RENOVATION SCOPE IS ON THE 2ND FLOOR. TWO SEPARATE TENANT SUITE RENOVATIONS. TENANT 300 BREAK ROOM AND SUITE 500.	[O] BEN HUXEN [A] LINDSY STEWART [C] ACI FACILITY SUPPORT, LLC
18135 STE C E PETROLEUM DR	Remodel Permit $65,000	(Expedited) TURN A VACANT 1450 SQUARE FEET UNIT TO NAIL SALON. Suite C	[O] [A] ELvin Do [C] N/A – TU NGUYEN
16487 PHILIP HICKEY DR	Accessory Structure Permit $50,000	Metal 2 Car Garage Building with a patio. Will be detached from house	[O] Patrick Odom [A] Patrick Odom [C] Red Iron Builders LLC
18544 WOMACK RD	Accessory Structure Permit $50,000	(EXPEDITED) 30 x 40 Shop (Foundation inspected in permit 132255)	[O] Brent Rigsby [A] Brent Rigsby [C] Homeowner – Brent Rigsby
10545 AIRLINE HWY	Occupancy $45,000	Liquidation and Furniture Store	[O] Tarun Panveli [A] Tarun Panveli [C] Sunrise16LLC – Tarun Panveli
5414 BURBANK DR	Sign Permit $34,290	Sign	[O] [A] Cassie White [C] Thunderbolt signs – Gene Bagot
14879 TIGER BEND RD	Sign Permit $25,000	Sign – Wall	[O] [A] Jeremy Halford [C] BATON ROUGE SIGN & GRAPHICS LLC
10444 N MALL DR	Remodel Permit $16,660	(Expedited) Place prefabricated recycling container on existing parking lot. Container size is 10’x20’x8’H and will temporarily cover approximately (4) parking spaces on the existing Sam’s Club lot.	[O] [A] Kristi Burk [C] N/A
6474 SIEGEN LN	Sign Permit $16,600	Sign – Wall	[O] [A] Cody Jenkins [C] BRIGHTBOX WHOLESALE SIGNAGE, LLC
5020 GOVERNMENT ST	Mechanical Permit $12,488	Replace 1 ac unit	[O] [A] Greg Bradshaw [C] LENNOX NATIONAL ACCOUNT SERVICES LLC
9515 DELCOURT AVE	Fence Permit $8,000	Installation of 4′, 6′ and 8′ wooden fence around property	[O] Efrem Randle [A] Sahron Randle [C] N/A
356 APARTMENT COURT DR	Electrical Permit $7,400	Replace old 5 pack meter center with new 5 pack meter center.	[O] Robert Peek [A] Michael Webster [C] CIRCUIT BREAKER ELECTRIC LLC – Michael Webster
356 APARTMENT COURT DR	Electrical Permit $7,400	Change out old 5 pack meter center and Install new 5 pack meter center.	[O] Robert Peek [A] Michael Webster [C] Circuit Breaker Electric LLC – Michael Webster
7317 STE 1 JEFFERSON HWY	Sign Permit $7,045	sign	[O] Nick Ourso [A] Kristin Lee [C] PRO SIGNS & GRAPHICS LLC – Truong Nguyen
1940 BIRCH ST	Accessory Structure Permit $5,000	Outside storage shed	[O] Tyrus Garza [A] Lottie Garza [C] N/A
3023 COLLEGE DR	Sign Permit $3,500	Sign – Pylon	[O] [A] Morgan Descant [C] Deep South Signs LLC
9270 SIEGEN LN	Occupancy $2,000	Kuehne & Foote, APLC, is renting Suite 403 at 9270 Siegen Lane for commercial use. We have a law practice with four attorneys and a total staff of 13 persons. We plan to rent a moving van on Friday, June7th.	[O] George Bruce [A] Debbie Kuehne [C] N/A
9270 SIEGEN LN	Occupancy $2,000	We are a small law firm with four attorneys and a staff of 13 altogether. We are renting Suites 404 at 9270 Siegen Lane, Baton Rouge, LA 70810	[O] George Kuehne [A] Debbie Kuehne [C] Anita Leblanc
2677 NICHOLSON DR	Sign Permit $1,856	Sign – Wall	[O] Mahmoud Ziadeh [A] BRANDON EVANS [C] CHAPMAN CANOPY, INC.
8211 Summa Ave	Occupancy $841	Electrical inspection after not having power to the property.	[O] Michelle Smith [A] Sean Dore [C] Kingdom Electric – Sean Dore
5696 SIEGEN LN	Gas Test Permit $525	GAS TEST AFTER REPAIR	[O] [A] [C] N/A
4810 CONSTITUTION AVE	Electrical Permit $1	warehouse storing material	[O] Christopher Bachman [A] Christopher Bachman [C] N/A
4451 STE E BLUEBONNET BLVD	Occupancy $1	office	[O] Meghan Ogans [A] Tracy Boss [C] N/A
1701 DUANE ST	Gas Test Permit $1	Gas test for building 402 unit 306	[O] [A] MIKE LASSEIGNE [C] BATON ROUGE SEWER & DRAIN SERVICE, INC.
9112 S CHOCTAW DR	Occupancy $1	I want to transfer the services to my name	[O] William Aguilera [A] Lorena Aguilera [C] N/A
11744 DARRYL DR	Occupancy N/A	Building will be used to store construction and building materials.	[O] [A] [C] N/A
9410 GREENWELL SPRINGS RD	Occupancy N/A	Gas station with kitchen	[O] Khalil Alsahqani [A] Khalil Asahqani [C] Gas Hub – Khalil Asahqani
457 LOUISIANA AVE	Occupancy N/A	clean and show	[O] [A] [C] N/A
5919 BLUEBONNET BLVD	Occupancy N/A	No alterations to building. Seasonal retails sales.	[O] Jason Draper [A] Jason Draper [C] Foscorp LLC, dba Spirit Halloween Superstores – Jason Draper
7038 SIEGEN LN	Occupancy N/A	clean and show	[O] [A] Patti Pizzolato [C] N/A
1585 N ACADIAN THWY W	Occupancy N/A	request by my utility providers	[O] Curtis Haynes llc [A] Corey haynes [C] N/A
10242 PATRIOT DR	Occupancy N/A	Transfer service	[O] Mike Worthy [A] Mike Worthy [C] Mike Worthy Electric, Inc. – Mike Worthy
1057 s flannery road	Occupancy N/A	OFFICE SPACE	[O] [A] Hakim Sahidszzaman [C] N/A
7916 WRENWOOD BLVD	Occupancy N/A	7916 is an office building.I am applying for an occupancy permit in Suite C of 7916I am currently sharing the space with the primary occupant.The primary occupant is retiring and I would like to become the solo primary occupanyNo construction or changes to the physical building.	[O] [A] Adrian Agosta [C] N/A
9618 JEFFERSON HWY	Occupancy N/A	Daiquiri Shop/ Sports bar–change in ownership	[O] Katherine Waltman [A] Katherine Waltman [C] CJ’s Daiquiris – Katherine Waltman
11616 Industriplex Blvd. Ste. 4 & 5	Occupancy N/A	permit to turn electricity on for Spa, Suite 4&5	[O] [A] Loreal Singleton [C] Loreal Singleton
7655 JEFFERSON HWY	Occupancy N/A	Small retail store	[O] Robert Heroman [A] Robert Heroman [C] Oh Baby – Robert Heroman
6301 CHOCTAW DR	Change in Occupancy Classification N/A	cheer facility	[O] Dan Nguyen [A] Sidnie Carr [C] N/A
11917 FLORIDA BLVD	Occupancy N/A	Clean and Show	[O] [A] Tammy Corsentino [C] N/A
7970 Jefferson Hwy	Occupancy N/A	This building is being used as a culinary cooking school for kids	[O] Audriane Williams [A] Audriane Williams [C] N/A
17232 JEFFERSON HWY	Occupancy N/A	building 4 house meter	[O] [A] Rebecca Sullivan [C] N/A
9821 FLORIDA BLVD	Occupancy N/A	power on to an existing business	[O] [A] Khaled Algamal [C] Daytona Auto Repiar – Khaled Algamal
1857 GOVERNMENT ST	Occupancy N/A	Business name transfer need power to building asap – entergy requesting permit	[O] LeAnn RInge [A] LeAnn Ringe [C] N/A
3617 PERKINS RD	Occupancy N/A	It is used as a coffee shop. I need a permit for Turn on with a read and leave on commercial electricity permit to transfer Entergy account to my name.	[O] Orhan Kizilkaya [A] Orhan Kizilkaya [C] Starlit Roast – Orhan Kizilkaya
7100 PRESCOTT RD	Existing Manufactured Home Permit N/A	Relocation of Existing home to approved trailer park	[O] Victor Times [A] Charles Oliver [C] N/A
3001 GOVERNMENT ST	Occupancy N/A	clean and show vacant unit- labeled as 3079A at door	[O] [A] Patti Pizzolato [C] N/A
8133 PLANK RD	Occupancy N/A	Gas Station- sells Alcohol, Tobacco and snacks	[O] [A] Malik Abdulla [C] N/A
10510 AIRLINE HWY	Occupancy N/A	Beauty Studio	[O] [A] Kimberly Ambeau [C] N/A
17232 JEFFERSON HWY	Occupancy N/A	Building 8 – Exterior lighting	[O] Tom Delahaye [A] Rebecca Sullivan [C] The Reserve at Jefferson Crossing – Rebecca Sullivan
20312 HIGHLAND RD	Occupancy N/A	Taking over residency, Bldg. E, Ste. B	[O] [A] Chris Mihalik [C] Jil Mechanical Contractors – Chris Mihalik

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