The Pulse BR: CVS property sells on Government Street

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

Commercial Sales Recorded Last Week

3384 Government St, Baton Rouge, LA 70806
3384 Government St, Baton Rouge, LA 70806

Type: Retail
Price: $1,950,000 ($178.77 / SF)
Buyer: Highway 23 LLC
Elifin’s Notes: A New Orleans area based entity purchases the CVS Pharmacy property on Government Street.

5238 Dijon Dr, Baton Rouge, LA 70808
5238 Dijon Dr, Baton Rouge, LA 70808

Type: Office
Price: $1,150,000 ($177.69 / SF)
Buyer: 1075 Government, LLC
Elifin’s Notes: Medical office building sells just outside of OLOL Campus.

36100 E Hwy 30, Geismar, LA 70734
36100 E Hwy 30, Geismar, LA 70734

Type: Land
Price: $1,050,000 ($4.76 / Land SF)
Buyer: Dove Group LLC
Elifin’s Notes: Dove Group LLC acquires a 5 acre parcel of land on East Highway 30.

6337, 6347 Quinn Dr, Baton Rouge, LA 70817
6337, 6347 Quinn Dr, Baton Rouge, LA 70817

Type: Multifamily
Price: $720,000 ($90,000 / Unit)
Buyer: CBC Properties LLC
Elifin’s Notes: Two fourplexes sell along Quinn Dr near Woman’s Hospital.

36452 E Hwy 30, Geismar, LA 70734
36452 E Hwy 30, Geismar, LA 70734

Type: Land
Price: $695,000 ($4.92 / Land SF)
Buyer: Industrial Municipal Supply Co Inc
Elifin’s Notes: Industrial Municipal Supply Co. Inc. purchases a 3+ acre parcel of land on East Highway 30.

16149 Perkins Rd (Unit B), Baton Rouge, LA 70810
16149 Perkins Rd (Unit B), Baton Rouge, LA 70810

Type: Retail
Price: $495,000 ($247.50 / SF)
Buyer: CSDA LLC
Elifin’s Notes: A newly-built retail unit sells within the Perkins 8 complex.

2134 Sorrel Ave, Baton Rouge, LA 70802
2134 Sorrel Ave, Baton Rouge, LA 70802

Type: Industrial
Price: $450,000 ($56.25 / SF)
Buyer: Daniels Real Estate Acquisitions, LLC
Elifin’s Notes: An industrial property changes hands on Sorrel Avenue near Capitol Lake.

9120 Amber Dr, Baton Rouge, LA 70809
9120 Amber Dr, Baton Rouge, LA 70809

Type: Industrial
Price: $385,740 ($92.13 / SF)
Buyer: MJ Masonry Construction LLC
Elifin’s Notes: An industrial property sells on Amber Drive off of Airline Highway.

46001 Hwy 22, Saint Amant, LA 70774
46001 Hwy 22, Saint Amant, LA 70774

Type: Office
Price: $327,900 ($88.62 / SF)
Buyer: Camacho, Luis
Elifin’s Notes: An office property with an additional storage structure changes hands along Highway 22.

2526 Rome Dr, Baton Rouge, LA 70815
2526 Rome Dr, Baton Rouge, LA 70815

Type: Industrial
Price: $315,000 ($22.29 / SF)
Buyer: AH Holdings, LLC
Elifin’s Notes: An industrial property sells on Rome Drive off of South Choctaw Drive.

37044, 37050 Perkins Rd, Prairieville, LA 70769
37044, 37050 Perkins Rd, Prairieville, LA 70769

Type: Land
Price: $300,000 ($7.17 / Land SF)
Buyer: Camelot Development & Construction LLC
Elifin’s Notes: Camelot Development & Construction acquires a 0.9+ acre parcel of land at the intersection of Perkins Road and Magnolia Estates.

334 Napoleon St, Baton Rouge, LA 70802
334 Napoleon St, Baton Rouge, LA 70802

Type: Office
Price: $230,000 ($141.45 / SF)
Buyer: Africa Street Properties LLC
Elifin’s Notes: An office property sells on Napoleon Street.

535 N Beck St, Baton Rouge, LA 70806
535 N Beck St, Baton Rouge, LA 70806

Type: Industrial
Price: $185,000 ($33.67 / SF)
Buyer: Vannak Automotive LLC
Elifin’s Notes: Vannak Automotive acquires a warehouse property on North Beck Street.

8248 Airline Hwy, Baton Rouge, LA 70806
8248 Airline Hwy, Baton Rouge, LA 70806

Type: Retail
Price: Withheld
Buyer: GFC Leasing Corp LLC
Elifin’s Notes: GFC Leasing Corp LLC acquires a restaurant property across the street from the Home Depot on Airline Highway.

8212 Summa Ave, Baton Rouge, LA 70809
8212 Summa Ave, Baton Rouge, LA 70809

Type: Office
Price: Withheld
Buyer: Bianca Matkins Leasing LLC
Elifin’s Notes: Bianca Matkins Leasing acquires an office property at the intersection of Summa Avenue and Mancuso Lane.


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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