The Pulse BR: National developer purchases Circle K on Jefferson

20 Feb The Pulse BR: National developer purchases Circle K on Jefferson

Posted at 08:46h in Research, The Pulse, The Pulse: Baton Rouge by ELIFIN® 0 Comments

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

Commercial Sales Recorded Last Week

7475 Jefferson Hwy

Type: Retail
Price: $1,583,659 ($541 / SF)
Buyer: DSJB V LLC
Elifin’s Notes: Brand Growth Inc, a Southern California-based national retail developer and strategic consulting firm, purchase Circle K property on the corner of Jefferson Hwy and Lobdell Ave.

14550 Florida Blvd

Type: Retail
Price: $1,350,000 ($72 / SF)
Buyer: Eclipse Holdings LLC
Elifin’s Notes: Owners of C.G.’s Gymnasium purchase the gym’s facility on Florida Blvd.

10543 N Glenstone Pl

Type: Office
Price: $655,000 ($188 / SF)
Buyer: KJS Holdings LLC
Elifin’s Notes: Local neurosurgeon purchases office building off of Bluebonnet Blvd.

10518 Kentshire Ct

Type: Office
Price: $515,000 ($179 / SF)
Buyer: Swamp Law Properties LLC
Elifin’s Notes: Kolb Law Firm owner purchases office building just off of Bluebonnet Blvd.

6415 Quinn Dr

Type: Office
Price: $275,000 ($55 / SF)
Buyer: Jasmines Property Inc
Elifin’s Notes: Local investor purchases two story office just off of Jefferson Hwy.

2616 Toulon Dr

Type: Retail
Price: $225,000 ($128 / SF)
Buyer: Alicia’s Kiddie Station LLC
Elifin’s Notes: Local daycare center, Alicia’s Kiddie Station, purchase their facility off Mead Rd near I-12.

Upcoming Planning Commission Cases

Commercial Subdivision near Siegen at Industriplex

Submitted 1/3/23 by Andre Rodrigue. Proposed commercial subdivision with public streets on property located on the west side of Siegen Lane, north of Industriplex Boulevard.
Application – View on Map

Rezoning at College Creek Retail Center

Submitted 2/1/23 by Bianca Perkins; Owner of the R&B Cocktail Lounge. Proposed rezone from Commercial Alcoholic Beverage (restaurant) (C-AB-1) to Commercial Alcoholic Beverage (bar or lounge)(C-AB-2) on property located on the east side of College Drive, south of Concord Avenue.
Application – View on Map

Commercial Permits Issued Last Week

Address	Type / Value	Description	Owner / Applicant / Contractor
3132 COLLEGE DR	Commercial: Remodel $500,000	17,749 SF remodel of existing Walmart Supercenter to refresh and add online grocery pickup area to existing area. New signage and striping of parking lot area.	[O] [A] Tracy Clotfelter [C] JOE R. JONES CONSTRUCTION, INC.
10694 S CHOCTAW DR	Commercial: Addition $488,726	Constructing a 5,012 sq. ft. Storage (S-2) building addition to an existing Manufacturing (F-2) building.	[O] Sharon Valverde [A] Jeff Torrance [C] SALCO CONSTRUCTION, INC.
6556 SIEGEN LN	Commercial: Change in Occupancy $400,000	(Expedited) Tenant Fit-up for A-2 Restaurant with 2,274 sq. ft. tenant space to include commercial kitchen, dining room and restrooms. Work to include mechanical, electrical and plumbing systems.	[O] Ben Goldenhersh [A] Jon Barker [C] LDC CONSTRUCTION MANAGEMENT LLC
12006 CLOVERLAND CT	Commercial: New $295,000	New construction of 1,208 sq. ft. office/warehouse B/S2 for with site work including parking lot.	[O] [A] Chelsey Benoit [C] HADDAD CONTRACTORS LLC
6401 BLUEBONNET BLVD	Commercial: Complete Interior $150,000	Interior build-out of tenant space in mall for candy store.	[O] D Russell [A] Robin Basone [C] ALLIANCE RETAIL CONSTRUCTION, INC.
6401 BLUEBONNET BLVD	Commercial: Remodel $120,000	(Expedited) Interior tenant remodel minor work to include mechanical and electrical.	[O] [A] Roxanne Berlien [C] ELS CONSTRUCTION, INC.
355 W PORT HUDSON-PLAINS RD	Manufactured Home: Existing $51,000	Mobile Home	[O] [A] DWYANA Montgomery [C] N/A
10050 THE GROVE AVE	Fence $30,000	Gated entry for Subdivision.	[O] [A] Paul Roinson [C] CARMOUCHE CONSTRUCTION COMPANY
4325 CAPITAL HEIGHTS AVE	Fence $3,610	Remove existing wood fence and replaced with new	[O] Jessica Comeaux [A] Rachel Bordelon [C] Scott Fence USA, LLC – Rachel Bordelon
7492 PENNHILL DR	Fence $3,000	A 8ft tall pine privacy fence to extend 15t from the edge of the servitude, will connect to the edge of the house on the right side on the property line and not impedding the servitude area, extending 48ft to the back of the property, extend 65ft along the back of the property and 7ft forward to the edge of the house. Fence pickets will overlay each other and the fence will have four runners of treated pine with 4x4x10ft posts in 50lbs of concrete in the hole. Each post will be secured with a 4 inch galvanized screw.	[O] CLINTON SAMPSON [A] CLINTON SAMPSON [C] The Grasshopper Fencing LLC – CLINTON SAMPSON
5533 HERON LANDING DR	Fence $2,678	Build 127ft of 6ft cedar fence extending from the right corner 27ft to the across the back area in front of the seritude and extend forward 27ft to the corner of the house. Cedar pickets are 1 in x 6 inches x 6ft tall, with 3 runners of 3 runners of 2x4x16ft, with 4x4x8ft posts in 40 lbs of concrete with each hole depth at 24 inches deep. ALL MATERIALS IS PRESSURE TREATED	[O] CLINTON SAMPSON [A] CLINTON SAMPSON [C] The Grasshopper Fencing LLC – CLINTON SAMPSON
5621 GOVERNMENT ST	Commercial: New $1	Temporary tent, 300 sq.ft. No alcohol outside of restaurant.	[O] [A] Monica Sullivan [C] N/A
12220 OLD HAMMOND HWY	Occupancy N/A	Sales of used and new tires, and repairs	[O] Abdu Obeid [A] Abdu Obeid [C] Obeid Inc. – Abdu Obeid
845 LA CRETE LN	Commercial: Change in Occupancy N/A	General Business Office. Changing from Family Company (Boykin Brothers-Louisiana Concrete Products) to a Personally owned Consulting Company	[O] Jeffrey Boykin [A] Jeffrey Boykin [C] N/A
11440 BARD AVE	Occupancy N/A	Electric unit turn on	[O] [A] Esther Stefansky [C] Oak Lane Apartments – Esther Stefansky

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