The Pulse BR: Latin restaurant entity purchases property on Florida Blvd

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

Commercial Sales Recorded Last Week

9445 Greenwell Springs Rd
9445 Greenwell Springs Rd

Type: Retail
Price: $650,000 ($277.19 / SF)
Buyer: GFC Leasing Corp LLC
Elifin’s Notes: Texas-based buyers purchase former KFC location on Greenwell Springs Rd near the Monterrey Dr intersection.

6989 Florida Blvd
6989 Florida Blvd

Type: Retail
Price: $650,000 ($73.55 / SF)
Buyer: Los Latinos Amigos Restaurant LLC
Elifin’s Notes: Latin restaurant entity purchases restaurant property on Florida Blvd at N Donmoor Ave.

11230 Cloverland Ave
11230 Cloverland Ave

Type: Industrial
Price: $600,000 ($44.65 / SF)
Buyer: Martha Stella LLC
Elifin’s Notes: National Electric Motor & Supply purchase industrial property on Cloverland Ave near a vacant lot the company just purchased as well.

Tract C-5-A-2
Tract C-5-A-2

Type: Land
Price: $480,624 ($3.68 / Land SF)
Buyer: Simpson Properties LLC
Elifin’s Notes: 3 acre lot sells near the corner of Nicholson Dr and Gardere Lane.

9402 Burbank Drive
9402 Burbank Drive

Type: Retail
Price: $425,000
Buyer: Chicky Sandos One LLC
Elifin’s Notes: Chicky Sandos, a local food truck serving Nashville-style hot chicken sandwiches, purchases Burbank Dr property.

14700 Old Hammond Hwy
14700 Old Hammond Hwy

Type: Land
Price: $335,000 ($4.07 / Land SF)
Buyer: 14700 Old Hammond Hwy DG LLC
Elifin’s Notes: Dollar General developer purchases vacant lot on Old Hammond Hwy near the Millerville Rd intersection.

14510 Barringer Ct
14510 Barringer Ct

Type: Land
Price: $300,000 ($4.03 / Land SF)
Buyer: Omni-Tech Solutions LLC
Elifin’s Notes: Omni-Tech Solutions purchases two vacant lots on Barringer Ct.

11220 Cloverland Ave
11220 Cloverland Ave

Type: Land
Price: $250,000 ($10.07 / Land SF)
Buyer: National Electric Motor Storage Co
Elifin’s Notes: National Electric Motor & Supply purchase vacant lot on Cloverland Ave neighboring a warehouse the company also owns.

6855 Van Gogh Ave
6855 Van Gogh Ave

Type: Office
Price: $120,000 ($28.34 / SF)
Buyer: Mark Polk
Elifin’s Notes: Office with adjoining warehouse sells on Van Gogh Ave.

2709 Florida Blvd
2709 Florida Blvd

Type: Retail
Price: $100,000 ($50.00 / SF)
Buyer: DKZ Realty Investments LLC
Elifin’s Notes: Retail property sells on Florida Blvd at N Eugene St.

Tract C Flonacher Rd
Tract C Flonacher Rd

Type: Land
Price: Withheld
Buyer: GR Zachary Land Company LLC
Elifin’s Notes: Local real estate agent, Chad Rigby, purchases undeveloped 5 acre lot in Zachary. Price withheld.


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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