The Pulse BR: North Carolina fast-food chain purchases property

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

Commercial Sales Recorded Last Week

2615, 2677 Nicholson Dr, Baton Rouge, LA 70802
2615, 2677 Nicholson Dr, Baton Rouge, LA 70802

Type: Retail
Price: $4,200,000 ($599.06 / SF)
Buyer: Rabies Timber LLC
Elifin’s Notes: A newly constructed convenience store/gas station with an adjacent retail building sells on Nicholson Drive.

755 W Lee Dr, Baton Rouge, LA 70820
755 W Lee Dr, Baton Rouge, LA 70820

Type: Retail
Price: $2,750,000 ($1,100.00 / SF)
Buyer: Cook Out Baton Rouge LLC
Elifin’s Notes: Cook Out, a North Carolina based fast-food chain, purchases a QSR property on West Lee Drive.

10275 Siegen Lane, Baton Rouge, LA 70810
10275 Siegen Lane, Baton Rouge, LA 70810

Type: Office
Price: $1,510,000 ($274.55 / SF)
Buyer: PVille Holdings LLC
Elifin’s Notes: A single tenant office property with an attached insulated warehouse sells on Siegen Lane.

11303 Rieger Rd, Baton Rouge, LA 70809
11303 Rieger Rd, Baton Rouge, LA 70809

Type: Land
Price: $1,500,000 ($12.61 / Land SF)
Buyer: Alimorad Y Haghighi LLC
Elifin’s Notes: A 2+ acre parcel of commercial land sells on Rieger Road.

35023 Terminal Ct, Geismar, LA 70734
35023 Terminal Ct, Geismar, LA 70734

Type: Industrial
Price: $1,200,000 ($206.33 / SF)
Buyer: Wilson Rail Services LLC
Elifin’s Notes: An industrial property changes ownership on Terminal Court.

6911 Exchequer Dr, Baton Rouge, LA 70809
6911 Exchequer Dr, Baton Rouge, LA 70809

Type: Industrial
Price: $865,000 ($99.60 / SF)
Buyer: LSC Holdings LLC
Elifin’s Notes: An industrial warehouse property changes ownership on Exchequer Drive.

15318 Airline Hwy, Prairieville, LA 70769
15318 Airline Hwy, Prairieville, LA 70769

Type: Office
Price: $619,859 ($142.82 / SF)
Buyer: Farhat Holdings LLC
Elifin’s Notes: A two-story office, in shell condition, sells in Prairieville.

37034 Hwy 30, Geismar, LA 70734
37034 Hwy 30, Geismar, LA 70734

Type: Retail
Price: $615,000 ($124.85 / SF)
Buyer: Barogon Properties LLC
Elifin’s Notes: A gentlemen’s club sells in Geismar.

4950 Government St, Baton Rouge, LA 70806
4950 Government St, Baton Rouge, LA 70806

Type: Retail
Price: $440,000 ($133.90 / SF)
Buyer: BSD Holdings LLC
Elifin’s Notes: A commercial property changes hands near the intersection of Government Street and South Foster Drive.

2698 S Sherwood Forest Blvd, Baton Rouge, LA 70816
2698 S Sherwood Forest Blvd, Baton Rouge, LA 70816

Type: Retail
Price: $410,000 ($186.03 / SF)
Buyer: SOV Investments LLC
Elifin’s Notes: A QSR restaurant property sells on South Sherwood Forest Boulevard.

1635 Mast Dr, Baton Rouge, LA 70820
1635 Mast Dr, Baton Rouge, LA 70820

Type: Industrial
Price: $375,000 ($60.58 / SF)
Buyer: CGD Holdings LLC
Elifin’s Notes: An industrial property sells near Hartley/Vey Park at Gardere.

Lot 3-A-2-A John Leblanc Blvd, Sorrento, LA 70778
Lot 3-A-2-A John Leblanc Blvd, Sorrento, LA 70778

Type: Land
Price: $167,500 ($8.01 / Land SF)
Buyer: Brooks Ventures Capital LLC
Elifin’s Notes: A 0.4+ acre parcel of commercial land sells near the corner of John Leblanc Boulevard and Railroad Street.


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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