20 Jul The Pulse BR: Iowa company purchases Dollar General property

Posted at 09:08h 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

18224 Highland Rd, Baton Rouge, LA 70810

Type: Retail
Price: $3,400,000 ($890.75 / SF)
Buyer: Bank of Zachary
Elifin’s Notes: Bank of Zachary purchases the former Regions Bank property off of Highland Road.

14700 Old Hammond Hwy, Baton Rouge, LA 70816

Type: Retail
Price: $1,862,573 ($174.40 / SF)
Buyer: Exchangright Net Leased Portfolio 76 DST
Elifin’s Notes: An Iowa-based company purchases a Dollar General branch property on Old Hammond Highway.

12515 George Lambert Rd, Saint Amant, LA 70774

Type: Self-Storage
Price: $325,000 ($4,333 / Unit)
Buyer: Duplechein’s Ponderosa LLC
Elifin’s Notes: A self storage property changes hands at the corner of George Lambert Road and Gold Place Road.

650 O’Neal Lane, Baton Rouge, LA 70816

Type: Retail
Price: $240,000 ($105.49 / SF)
Buyer: J&J Property Holdings LLC
Elifin’s Notes: A veterinarian office property changes hands on O’Neal Lane.

11969 Bricksome Avenue, Baton Rouge, LA 70816

Type: Office
Price: $240,000 ($77.42 / SF)
Buyer: Kern Real Estate Holdings, LLC
Elifin’s Notes: An office property sells off of Sherwood Forest Boulevard.

Tract C-2-C-1-B Hwy 42, Prairieville, LA 70769

Type: Land
Price: $225,000 ($6.15 / Land SF)
Buyer: Patterson Investment Properties LLC
Elifin’s Notes: A 0.8+ acre parcel of commercial land sells on Highway 42.

11833 Market Place Ave, Baton Rouge, LA 70816

Type: Office
Price: $220,000 ($114.29 / SF)
Buyer: JFMV Properties LLC
Elifin’s Notes: An office property changes hands off of South Sherwood Forest Boulevard.

3323 Jones Creek Rd, Baton Rouge, LA 70816

Type: Land
Price: $170,175 ($1.72 / Land SF)
Buyer: Heughan, Ronnie Nolan
Elifin’s Notes: A 2+ acre parcel of land sells on Jones Creek Road.

201 Lessard St, Donaldsonville, LA 70346

Type: Office
Price: $150,000 ($78.04 / SF)
Buyer: Sutton, Fletcher S III
Elifin’s Notes: An office property changes hands in Donaldsville.

4010-4076 Gourrier Ave: 4083, 4097 Burbank Dr, Baton Rouge, LA 70808

Type: Multifamily
Price: Withheld
Buyer: LV Baton Rouge GP LLC
Elifin’s Notes: A Texas-based company purchases a 7 building set of multifamily properties near LSU.

Commercial Permits Issued Last Week

Address	Type / Value	Description	Owner / Applicant / Contractor
8670 AIRLINE HWY	Existing Bldg – Addition & Remodel (Both) (C) $700,000	THE SCOPE OF THIS PROJECT INVOLVES THE BUILD OUT OF APPROXIMATELY 2,082 SQUARE FEET OF COMMERCIAL TENANT SPACE WITHIN AN EXISTING BUILDING SHELL, IN NORTHERN BATON ROUGE. THE PROJECT WILL INCLUDE THE DEMOLITION OF EXISTING WALLS TO CREATE A NEW PASSAGE AND ONE EXISTING PATIENT ROOM; WITH THE ADDITION OF SIX PATIENT ROOMS, RESTROOM, MECHANICAL ROOM, MULTIPURPOSE ROOM, FRONT OFFICE DESK, AND MULTI USE SPACE. THERE WILL BE NO CHANGE IN OCCUPANCY.	[O] [A] Ritter Maher [C] BENCHMARK BUILDERS, LLC – Brooks Gold
355 NORTH BLVD	Existing Bldg – Remodel Only (C) $580,000	This is part of a multi-phase project for HVAC repair and replacement. This application is for the review of Phase 1A. See description below: Phase 1A generally consists of replacement of existing air handling units, mixing boxes, return air grilles and minor ductwork modifications and maintenance at Level One of the existing building as indicated on HVAC drawings. The architectural scope is limited to relocation of return air grilles in the Gallery B hall and replacement of finished wood wainscot to match existing, as well as miscellaneous cut and patch work to allow access to replaced HVAC components.	[O] [A] Lisa Ladatto [C] Cangelosi Ward General Contractors, L.L.C. – Garrett Simms
3112 VALLEY CREEK DR	Existing Bldg – Remodel Only (C) $19,000	Renovation to convert 976sf office space into Parent Resource Center for University View Academy. Renovations include several doors will be removed, some doors will be added, a wall will be removed and relocated, several cased openings will be added, a vanity will be removed and a wall hung sink will be installed in the same place – a toilet will be removed and replaced with an ADA compliant one.	[O] Barry Harris [A] Michael Jackson [C] CONTOUR DEVELOPMENT GROUP LLC – Michael Jevon Jackson
9751 GREENWELL SPRINGS RD	Sign Permit (C) $8,000	Sign – Wall	[O] Leonard Smith [A] Cody Jenkins [C] BRIGHTBOX WHOLESALE SIGNAGE, LLC
465 LOFASO ST	Electrical Permit (C) $5,000	This building is an existing building that is being used to store equipment, tools and work area for work projects by Burks Construction. The owner is wanting to upgrade is electrical service. We are planning to install a new 3 phase electrical service and install 2 new electrical panels directly behind the meter.	[O] Nicholas Burks [A] Joshua Lewis [C] GEAUX PRO ELECTRIC LLC – JOSHUA LEWIS
4241 JEFFREY DR	Occupancy Permit (C) $5,000	Warehouse for storage and distribution of goods.”; Suite A;	[O] [A] Kylah Kibby [C] N/A
4959 EVANGELINE ST	Electrical Permit (C) $5,000	Convenience store: replacing three electrical panels on the exterior part of the building.	[O] [A] [C] N/A
9353 MAMMOTH AVE	Existing Bldg – Remodel Only (C) $3,500	(Expedited) Creating 1HR fire-rated walls along portions of the rear and side of building one to meet fire separation requirements for future building two.	[O] Val Baheth [A] Eric Jefferson [C] E & D Properties BR, LLC – Eric Jefferson
7474 CORPORATE BLVD	Gas Test Permit (C) $1,500	Plumber to perform gas pressure test on new dumpling house restaurant. Suite 308	[O] Zhong Yuan [A] Mark Gouner [C] Prime Plumbing & Gas LLC
778 BRAEWOOD DR	Occupancy Permit (C) $1,200	I NEED AUTHORIZATION FOR MY ELECTRICITY SERVICE	[O] MASIEL LORENZO PARDO [A] MASIEL LORENZO PARDO [C] N/A
4113 UNCAS ST	Fence Permit (C) $1,200	Titan Building Contractors LLC. Build a fence around the house	[O] [A] Tracy LeCarl Jordan [C] N/A
15001 RIVER RD	Electrical Permit (C) $195	Swap out 600A main breaker	[O] David Burt [A] Gralin Fisher [C] Fisher’s Electric of Baton Rouge LLC
15001 RIVER RD	Electrical Permit (C) $195	Swap out 600A main breaker	[O] David Burt [A] Gralin Fisher [C] N/A
7809 JEFFERSON HWY	Occupancy Permit (Clean & Show) (C) N/A	Need power turned on in Unit A3 Entergy acct # 215297599 This is a Clean and Show Occupancy Permit	[O] Lauren DiVincenti [A] Lauren DiVincenti [C] N/A
7746 COMMERCE AVE	Occupancy Permit (C) N/A	overflow warehouse space for tools and equipment	[O] Bob Lastor [A] James Deliphose [C] N/A
10500 GREENWELL SPRINGS RD	Occupancy Permit (C) N/A	getting business transfer into my business name	[O] lorenzo myers [A] lorenzo myers [C] N/A
458 AMERICA ST	Occupancy Permit (Clean & Show) (C) N/A	Change of ownership – need to clean and show	[O] [A] Chris Atkinson [C] N/A
8261 SUMMA AVE	Occupancy Permit (C) N/A	Massage therapy studio Suite H	[O] Louay Mohammad [A] Tana Keller [C] Intuitive Healing and Bodywork, LLC Bodywork, LLC – Tana Keller
3154 COLLEGE DR	Occupancy Permit (C) N/A	Lawn care service	[O] Elliot McQuillan [A] Elliot McQuillan [C] N/A
1195 S FLANNERY RD	Occupancy Permit (C) N/A	Boil seafood	[O] [A] Kelvin Duncan [C] N/A
5116 HIGHLAND RD	Re-Roof (C) N/A	Re-roof shingles and TPO Overlay of metal roof	[O] Dale Cobb [A] Ray Mills [C] N/A
4520 S SHERWOOD FOREST BLVD	Occupancy Permit (C) N/A	EXISTING NAILS SALON	[O] [A] TUAN NGUYEN [C] N/A
7902 WRENWOOD BLVD	Occupancy Permit (C) N/A	The office will be used to conduct business for State Representative Paul Sawyer.	[O] Nuzhat Ghazala Khan Bhatti [A] Paul Sawyer [C] N/A
4250 ESSEN LN Phase 3	Existing Bldg – Remodel Only (C) N/A	(EXPEDITED) RENOVATION OF AN EXISTING SKILLED NURSING FACILITY IN BATON ROUGE, LOUISIANA. PROJECT IS DESIGNED IN THREE PHASES AND WILL REMAIN OCCUPIED DURING ALL PHASES OF CONSTRUCTION. THIS PERMIT IS FOR PHASE 3.	[O] [A] Ritter Maher [C] MAPP CONSTRUCTION, LLC. – Tyler Schmitz
5116 HIGHLAND RD	Re-Roof (C) N/A	Re-roof shingles and TPO Overlay of metal roof	[O] Dale Cobb [A] James Mills [C] N/A
4250 ESSEN LN	Existing Bldg – Remodel Only (C) N/A	(EXPEDITED) RENOVATION OF AN EXISTING SKILLED NURSING FACILITY IN BATON ROUGE, LOUISIANA. PROJECT IS DESIGNED IN THREE PHASES AND WILL REMAIN OCCUPIED DURING ALL PHASES OF CONSTRUCTION. THIS PERMIT IS FOR PHASE TWO.	[O] [A] Ritter Maher [C] MAPP CONSTRUCTION, LLC. – Tyler Schmitz
683 N CARROLLTON AVE	Occupancy Permit (C) N/A	We need to reconnect the building’s house lights.	[O] Brian Brousseau [A] Brian Brousseau [C] N/A
12201 COURSEY BLVD	New Building (Shell Only) (C) N/A	New Construction of a total of 48 Large Storage Units within 4 buildings (Buildings 1-4) including parking lot. This permit for Building 3 (10,000sf).	[O] [A] Blake LeBlanc [C] Leblanc & Fresina Investments LLC – Blake Ashton Leblanc
12201 COURSEY BLVD	New Building (Shell Only) (C) N/A	New Construction of a total of 48 Large Storage Units within 4 buildings (Buildings 1-4) including parking lot. This permit for Building 4 (9,363sf)	[O] [A] Blake LeBlanc [C] Leblanc & Fresina Investments LLC – Blake Ashton Leblanc
12201 COURSEY BLVD	New Building (Shell Only) (C) N/A	New Construction of a total of 48 Large Storage Units within 4 buildings (Buildings 1-4) including parking lot. This permit for Building 2 (4,992sf)	[O] [A] Blake LeBlanc [C] Leblanc & Fresina Investments LLC – Blake Ashton Leblanc
7341 JEFFERSON HWY	Occupancy Permit (C) N/A	Office space. Suite C	[O] [A] Willie Roberts [C] N/A

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