The Pulse BR: Newly-built Take 5 property changes hands

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

Commercial Sales Recorded Last Week

5811 Creek Centre Dr, Baton Rouge, LA 70820
5811 Creek Centre Dr, Baton Rouge, LA 70820

Type: Land
Price: $2,000,000 ($45.06 / Land SF)
Buyer: JP Morgan Chase Bank
Elifin’s Notes: JP Morgan Chase Bank acquires a 1+ acre parcel of commercial vacant land off Burbank Drive near Lee Drive.

9728 Sullivan Rd, Baton Rouge, LA 70818
9728 Sullivan Rd, Baton Rouge, LA 70818

Type: Retail
Price: $1,220,000 ($853.15 / SF)
Buyer: K K & E LLC
Elifin’s Notes: Take 5’s newly-built property changes ownership on Sullivan Road.

2205 S Sherwood Forest Blvd, Baton Rouge, LA 70816
2205 S Sherwood Forest Blvd, Baton Rouge, LA 70816

Type: Land
Price: $779,000 ($15.16 / Land SF)
Buyer: Obeid, Abdu H
Elifin’s Notes: A former gas station, now a vacant plot of land, sells at the corner of South Sherwood Forest Boulevard and North Harrells Ferry Road.

625 Frogmore Dr, Baton Rouge, LA 70820
625 Frogmore Dr, Baton Rouge, LA 70820

Type: Land
Price: $650,000 ($22.27 / Land SF)
Buyer: BS Dutch BR I LP
Elifin’s Notes: A Texas-based company acquires a 0.6+ acre parcel of commercial land slated to be Louisiana’s first Dutch Bros Coffee location next to the Wendy’s property on Lee Drive.

Tracts III-A-1-A-3, III-A-1-A-4 Lawrence Minor Rd, Gonzales, LA 70737
Tracts III-A-1-A-3, III-A-1-A-4 Lawrence Minor Rd, Gonzales, LA 70737

Type: Land
Price: $470,000 ($3.02 / Land SF)
Buyer: CKBOONE Developments LLC
Elifin’s Notes: A local entity purchases 3+ acres on Lawrence Minor Road.

1525, 1605, 1659 N Marque Ann Dr, Baton Rouge, LA 70815
1525, 1605, 1659 N Marque Ann Dr, Baton Rouge, LA 70815

Type: Multifamily
Price: $400,000 ($50,000 / Unit)
Buyer: 10555 Mollylea LLC
Elifin’s Notes: A trio of multifamily properties, comprising two triplexes and one duplex, sell together on North Marque Ann Drive.

10839 Perkins Rd, Baton Rouge, LA 70810
10839 Perkins Rd, Baton Rouge, LA 70810

Type: Land
Price: $163,000 ($11.81 / Land SF)
Buyer: Norman Kane LLC
Elifin’s Notes: A former office property, now vacant land, changes ownership on Perkins Road.

2668 Rome Dr, Baton Rouge, LA 70814
2668 Rome Dr, Baton Rouge, LA 70814

Type: Industrial
Price: Withheld
Buyer: CVR Holdings LLC
Elifin’s Notes: An industrial property with office and warehouse space sells on Rome Drive.

Tracts I, II, III Scenic Hwy, Baton Rouge, LA 70807
Tracts I, II, III Scenic Hwy, Baton Rouge, LA 70807

Type: Land
Price: Withheld
Buyer: Savage Infrastructure LLC
Elifin’s Notes: A 143+ acre parcel of vacant land sells off of Scenic Highway.


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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