The Pulse BR: DaVita dialysis clinic sells for 2.7 million

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

Commercial Sales Recorded Last Week

7797 Howell Blvd, Baton Rouge, LA 70807
7797 Howell Blvd, Baton Rouge, LA 70807

Type: Office
Price: $2,730,820 ($350.11 / SF)
Buyer: Agree Limited Partnership
Elifin’s Notes: Agree Realty, a Michigan-based real estate investment company, purchases a DaVita dialysis clinic on Howell Blvd.

Lots 8, 9 Terminal Ct, Geismar, LA 70734
Lots 8, 9 Terminal Ct, Geismar, LA 70734

Type: Land
Price: $1,872,157 ($7.47 / Land SF)
Buyer: ES GELA Owner LLC
Elifin’s Notes: A pair of parcels within the Gateway Industrial Park in Geismer sell

16614 Commercial Ave, Baton Rouge, LA 70816
16614 Commercial Ave, Baton Rouge, LA 70816

Type: Land
Price: $1,573,387 ($6.00 / Land SF)
Buyer: Legacy Hill Holdings LLC
Elifin’s Notes: The owners of Miller’s RV purchase vacant 6+ acre lot on Commercial Ave.

5344 Brittany Dr, Baton Rouge, LA 70808
5344 Brittany Dr, Baton Rouge, LA 70808

Type: Office
Price: $1,500,000 ($99.29 / SF)
Buyer: Franciscan Missionaries of Our Lady University
Elifin’s Notes: The Franciscan Missionaries of Our Lady University purchase office building neighboring the University’s campus on Brittany Dr.

2746 O'Neal Ln, Baton Rouge, LA 70816
2746 O’Neal Ln, Baton Rouge, LA 70816

Type: Retail
Price: $1,500,000 ($367.47 / SF)
Buyer: FTL Trust
Elifin’s Notes: Local investors purchase Express Auto Repair on O’Neal Lane.

11310 Airline Hwy, Baton Rouge, LA 70816
11310 Airline Hwy, Baton Rouge, LA 70816

Type: Retail
Price: $1,400,000 ($490.37 / SF)
Buyer: Professional Business Associates Inc Defined Benefit Pension Plan
Elifin’s Notes: California-based investor purchases the Jack in the Box at Airline Hwy and Siegen Ln.

530 Lakeland Dr, Baton Rouge, LA 70802
530 Lakeland Dr, Baton Rouge, LA 70802

Type: Office
Price: $755,000 ($56.77 / SF)
Buyer: Louisiana Hospital Association
Elifin’s Notes: The Louisiana Hospital Association purchases office building near downtown Baton Rouge.

10957 Greenwell Springs Rd, Baton Rouge, LA 70814
10957 Greenwell Springs Rd, Baton Rouge, LA 70814

Type: Specialty
Price: $750,000
Buyer: Elevate Church of Baton Rouge Inc
Elifin’s Notes: Elevate Church purchases their church campus on Greenwell Springs Rd near the N Sherwood Forest Dr intersection.

17489 Old Jefferson Hwy (Unit 5), Prairieville, LA 70769
17489 Old Jefferson Hwy (Unit 5), Prairieville, LA 70769

Type: Office
Price: $475,000 ($160.80 / SF)
Buyer: CTO Holdings LLC
Elifin’s Notes: An office condominium unit sells in Prairieville

12424 Plank Rd, Baker, LA 70714
12424 Plank Rd, Baker, LA 70714

Type: Retail
Price: $100,000 ($28.57 / SF)
Buyer: Nighthawk Realty LLC
Elifin’s Notes: Petrakis Realty Group, a New York-based real estate investment company, purchases Burger King on the corner of Plank Rd and Comite Dr in Baker.


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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