The Pulse BR: Proposed Starbucks location sells on West Lee Drive

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

Commercial Sales Recorded Last Week

15555 Airline Hwy, Baton Rouge, LA 70817
15555 Airline Hwy, Baton Rouge, LA 70817

Type: Industrial
Price: $1,950,000 ($133.53 / SF)
Buyer: Grigsby Properties LLC
Elifin’s Notes: Grigsby Properties acquires an industrial property with showroom and warehouse space near the Airline Highway Park.

9026 Jefferson Hwy (Bldg 5), Baton Rouge, LA 70809
9026 Jefferson Hwy (Bldg 5), Baton Rouge, LA 70809

Type: Office
Price: $1,275,000 ($241.75 / SF)
Buyer: Pelton Holdings, LLC
Elifin’s Notes: An office building sells within the Westminster Office Park on Jefferson Highway.

Tract B-2-A-1-A-2-B-2-B West Lee Drive, Baton Rouge, LA 70820
Tract B-2-A-1-A-2-B-2-B West Lee Drive, Baton Rouge, LA 70820

Type: Land
Price: $1,040,000 ($23.34 / Land SF)
Buyer: BR West Lee Coffee LLC
Elifin’s Notes: A 1+ acre tract of commercial vacant land, proposed for a Starbucks location, sells on Lee Drive between Nicholson & Burbank.

11311 Florida Blvd, Baton Rouge, LA 70815
11311 Florida Blvd, Baton Rouge, LA 70815

Type: Retail
Price: $980,000 ($248.48 / SF)
Buyer: 11311 Florida LLC
Elifin’s Notes: A former bank property sells at the corner of Florida and Sherwood Forest Boulevards.

11600 S Harrells Ferry Rd, Baton Rouge, LA 70816
11600 S Harrells Ferry Rd, Baton Rouge, LA 70816

Type: Retail
Price: $685,000 ($34.86 / SF)
Buyer: APS 1 LLC
Elifin’s Notes: A retail property, used as a dance studio, sells on South Harrells Ferry Road near I-12.

11.99 Acres La Hwy 942, Darrow, LA 70725
11.99 Acres La Hwy 942, Darrow, LA 70725

Type: Land
Price: $600,300 ($1.15 / Land SF)
Buyer: Allee, Haley St Martin
Elifin’s Notes: A 11.9+ acre parcel of land sells on River Road in Darrow.

16851 Jefferson Hwy (Suites 7B, 7C), Baton Rouge, LA 70817
16851 Jefferson Hwy (Suites 7B, 7C), Baton Rouge, LA 70817

Type: Office
Price: $540,000 ($179.88 / SF)
Buyer: Hillside Square Properties LLC
Elifin’s Notes: An office condominium property, with two suites, sells within the Hillside Oaks Square Office Park off of Jefferson Highway.

41028 Hwy 621, Gonzales, LA 70737
41028 Hwy 621, Gonzales, LA 70737

Type: Industrial
Price: $416,000 ($55.47 / SF)
Buyer: Canyon Logistics, LLC
Elifin’s Notes: An industrial warehouse trades near the corner of Highway 621 and North Burnside Avenue in Gonzales.

66.72 Acres Stubbs Lane, Pride, LA 70770
66.72 Acres Stubbs Lane, Pride, LA 70770

Type: Land
Price: $130,000 ($0.04 / Land SF)
Buyer: Hatcher Land Company LLC
Elifin’s Notes: A 66.7+ acre parcel of land sells in Pride.

3393 Victoria Dr, Baton Rouge, LA 70805
3393 Victoria Dr, Baton Rouge, LA 70805

Type: Retail
Price: $105,000 ($24.58 / SF)
Buyer: Atkins Steven
Elifin’s Notes: A day care center property sells off of Airline Highway.

14410 Plank Rd, Baker, LA 70714
14410 Plank Rd, Baker, LA 70714

Type: Retail
Price: Withheld
Buyer: Tres Bell LLC
Elifin’s Notes: A retail strip center changes hands on Plank Road in Baker.


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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