The Pulse BR: Tri-Care Automotive property sells for 3.75mm

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

Commercial Sales Recorded Last Week

13873 Airline Hwy
13873 Airline Hwy

Type: Industrial
Price: $3,750,000
Buyer: The Machine Shop of Baton Rouge LLC
Elifin’s Notes: The Machine Shop of Baton Rouge purchases Tri Care Automotive repair shop on Airline Hwy.

11188 Florida Blvd
11188 Florida Blvd

Type: Healthcare
Price: $2,000,000 ($74.03 / SF)
Buyer: Stoa RE LLC
Elifin’s Notes: The Care Center, a nursing home on Florida blvd consisting of 61 private and semi-private rooms, sells to an Austin-based investor.

13365 Perkins Rd
13365 Perkins Rd

Type: Retail
Price: $499,000 ($80.46 / SF)
Buyer: BRCAG LLC
Elifin’s Notes: Commercial retail property with warehouse space sells on Perkins Rd near the Siegen Lane intersection.

10764 Florida Blvd
10764 Florida Blvd

Type: Retail
Price: $160,000 ($80.00 / SF)
Buyer: PHNA LLC
Elifin’s Notes: Learning On Us daycare center sells to local investors.

1421 Gardere Lane
1421 Gardere Lane

Type: Mixed Portfolio
Price: Withheld
Buyer: Centro De Vida Iglesia Pentecostal Unida Inc
Elifin’s Notes: Centro De Vida Iglesia Pentecostal Unida, Inc, a Gonzales-based Hispanic Pentecostal church, purchase two commercial properties and four vacant lots on Gardere Lane neighboring another retail property owned by the church. Price withheld.


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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