The Pulse BR: Retail center on Monterrey Blvd sold

26 Dec The Pulse BR: Retail center on Monterrey Blvd sold

Posted at 08:37h 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

10235 Jefferson Hwy (Building 5)

Type: Office
Price: $2,000,000 ($372 / SF)
Buyer: GLIM LLC
Elifin’s Notes: Local investor purchases office building in the Metro Office Park.

850 North Blvd

Type: Office
Price: $460,000 ($136 / SF)
Buyer: Royal Engineers and Consultants LLC
Elifin’s Notes: Royal Engineers and Consultants purchases B-1 zoned office near downtown Baton Rouge.

3066 Monterrey Blvd

Type: Retail
Price: $458,500 ($29 / SF)
Buyer: Bates Real Estate Inc
Elifin’s Notes: Retail center on the corner of Monterrey Blvd and Great Smokey Ave sells to local investor.

2322 Chatawa Ave

Type: Industrial
Price: $360,000 ($60 / SF)
Buyer: Next Generation Developments LLC
Elifin’s Notes: Lawrence Maestri, local commercial real estate agent and investor, purchases industrial property just off of S Choctaw Dr.

11440 Florida Blvd

Type: Land
Price: $315,000 ($2.95 / Land SF)
Buyer: Fen Xu
Elifin’s Notes: Commercially zoned land with dual frontage on Florida Blvd and Sherwood Forest Blvd sells to investor.

3847 Plank Rd

Type: Retail
Price: $220,000 ($38 / SF)
Buyer: Anthony Nguyen
Elifin’s Notes: Plank Road grocery store sells to local investor.

337 S Acadian Thwy

Type: Office
Price: $106,000 ($88 / SF)
Buyer: Binning Properties LLC
Elifin’s Notes: Local investor purchases office on S Acadian Thwy.

Upcoming Planning Commission Cases

Rouzan, Concept Plan Revision 16

Submitted 12/1/22 by Engquist Rouzan Commercial Development. Proposed overall boundary expansion and increase in commercial/office area and open space on property located on the south side of Perkins Road, east of Glasgow Avenue.
Application – View on Map

Commercial Permits Issued Last Week

Address	Type / Value	Description	Owner / Applicant / Contractor
1029 LA CRETE LN	Commercial: New $3,600,000	New construction of 2-story, 23,500 s.f. sprinkled Office and Maintenance Shop (B/F-1), VB const. Parking and sitework included.	[O] [A] Jim Martin [C] IDLEWILD CONSTRUCTION, LLC
879 S STARING LN	Commercial: New $1,124,000	New construction of 2,000 sq. ft. Fast food restaurant plus parking & site work to serve.	[O] Long Phan [A] William Collins [C] GRAND CONSTRUCTION COMPANY, LLC
6841 SIEGEN LN	Commercial: Remodel $250,000	(Expedited) Remodel of two existing tenant spaces in the mall into one space for a new Bath & Body Works store	[O] Emily Cerouen [A] Tim Schenk [C] HORIZON RETAIL CONSTRUCTION, INC.
3535 STE 105 PERKINS RD	Commercial: New $172,000	Installation of commercial electric vehicle charging station and enclosure in existing parking lot to include the installation of 1 utility transformer, 1 switchgear, 2 present and 1 future Rivian power cabinet, 6 present and 2 future Rivian charge posts, and 1 pedestrian light fixture.	[O] Robert Dozier [A] Ian Russell [C] TBD
500 RUE DE LA VIE	Commercial: Remodel $151,664	Renovation of 2,906 sq. ft. suite space for new tenant use in medical office building.	[O] KURT SCOTT [A] Kelly Carter [C] ARKEL CONSTRUCTORS, LLC
7840 ANTIOCH RD	Solar $92,000	Installation of 12.41 solar panels located on the roof of dwelling	[O] Dean Bossier [A] Avery Page [C] Green Light Solar, LLC of Texas
1804 DALLAS DR	Commercial: Addition $69,000	(Expedited) ADDING 1050 SQ. FT. TO EXISTING BUILDING FOR AN ADDITIONAL CLASSROOM CREATING A TOTAL 3,818 SQ. FT. BUILDING.	[O] RILEY DEONQUEL [A] ELvin Do [C] Elvin Trung Do
16333 GEORGE O’NEAL RD	Commercial: Remodel $53,000	Renovation, change of use from distribution warehouse and addition to connect two warehouses and convert them to a special needs gymnasium facility (A-3).	[O] Chris James [A] Lisa Nice [C] HILL CONSTRUCTION L.L.C.
9586 E GRAHAM AVE	Solar $50,000	Installation of 9.86 solar panels located on the roof of dwelling	[O] Geraldine Joseph [A] Avery Page [C] Green Light Solar, LLC of Texas – Bret Anthony Duplantis
7677 ANDREA DR	Commercial: Remodel $15,000	Renovation and change of use classification of 12,000 s.f. previous restaurant to Reception/Dance Hall, A-2 (3,921 s.f.) and storage (4,398 s.f.) separated by 1HR fire rated wall, sprinklered.	[O] Ramirez [A] Jose Ramirez [C] NNEY Party Center – Jose Ramirez
2891 ROSENWALD RD	Commercial: Remodel $15,000	American Tower will be installing an automatic transfer switch and remote monitoring circuitry to an existing generator. No change in ground space.	[O] American Tower [A] Abby Porter [C] DELTA ELECTRIC CO. OF BATON ROUGE INC.
4820 COTTAGE HILL DR	Electrical $12,692	Generator install	[O] Ryan Batton [A] Sean Dore [C] N/A
5230 N POINTER CT	Fence $10,000	Lot 376 Rouzan Fence	[O] Gayle Carmouche [A] Philip Stagg [C] LaFosse Construction Co., Inc. – Gayle Carmouche
13949 APPLEBY WAY	Fence $5,000	Wood Fence and Brick Fence	[O] Gayle Carmouche [A] Philip Stagg [C] LaFosse Construction Company, Inc. – Philip Stagg

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

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