Conn’s on Airline and Florida Blvd Retail Center Sold

The November 8, 2021 issue covers fourteen commercial sales recorded across Baton Rouge the previous week, totaling $19.3M in disclosed volume. The headline deal: STNL Baton Rouge LLC, Cincinnati-based real estate investment firm STNL Development, paid $4.88M ($91/SF) for the Conn's HomePlus on Airline Highway south of Florida Boulevard. Retail led the week with four of the fourteen sales, including a fully leased shopping center at Florida Boulevard and North Ardenwood Drive bought by local investors for $3.8M, while MLU Services, a natural disaster recovery contractor from Athens, Georgia, paid $4.5M for a four-story office building off American Way near Coursey Boulevard.

By ELIFIN® Source: ELIFIN transaction database

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14Commercial sales recorded
$19.3MDisclosed volume (14 of 14 sales)
$4.88MLargest sale · 8888 Airline Hwy
4Retail sales, the most active type

Commercial Sales Recorded Last Week 14 sales

8888 Airline Hwy

8888 Airline Hwy

  • Retail

$4,875,000 $91 / SF

STNL Development, a Cincinnati-based real estate investment firm, purchase the Conn's HomePlus on Airline Hwy, south of the Florida Blvd intersection.

BuyerSTNL Baton Rouge LLC

4455 American Way

4455 American Way

  • Office

$4,500,000 $64 / SF

MLU Services, a natural recovery disaster contractor out of Athens, GA, purchases 4-story office building off American Way near the Coursey Blvd intersection.

BuyerUCS Baton Rouge LLC

5905, 5907, 5909 Florida Blvd

5905, 5907, 5909 Florida Blvd

  • Retail

$3,800,000 $35 / SF

Local investors purchase fully-leased retail shopping center on the corner of Florida Blvd and N. Ardenwood Dr.

BuyerFlorida Three, LLC

8751 Siegen Lane

8751 Siegen Lane

  • Retail

$1,275,000 $546 / SF

ocal real estate agent purchases former Chase Bank branch on Siegen Lane just north of the Perkins Rd intersection.

BuyerSW-Siegen LLC

11711 Sun Belt Ct

11711 Sun Belt Ct

  • Industrial

$980,000 $86 / SF

Local investor purchases 2-story office/warehouse in the Industriplex subdivision.

BuyerCoursey Court LLC

12310 Industriplex Blvd

12310 Industriplex Blvd

  • Industrial

$825,000 $81 / SF

Local investors purchase 2-story office/warehouse on Industriplex Blvd.

BuyerE & G Real Estate Investments LLC

3475 N Acadian Thwy

3475 N Acadian Thwy

  • Portfolio

$500,000 $89 / SF

Two Ragusa Meat Markets, one on Beechwood Dr and one on N Acadian Thwy, sell to local investor.

BuyerMikeAli1984 LLC

1984 Brightside Drive

1984 Brightside Drive

  • Multifamily

$475,000 $47,500 / unit

Local investor purchases ten units at the Brightside Manor II Apartments complex.

Buyer984 Brightside, LLC

2927 S Sherwood Forest Blvd

2927 S Sherwood Forest Blvd

  • Retail

$450,000 $146 / SF

Local investor purchases former Mid-South Bank branch on the corner of S Sherwood Forest Blvd and Bricksome Ave.

BuyerKumar LLC

4520 Jamestown Ave

4520 Jamestown Ave

  • Office

$422,000 $62 / SF

The owner of the Baton Rouge-based CT Companies purchases two story office building on Jamestown Ave.

Buyer4520 Jamestown Ave

5021 McClelland Drive

5021 McClelland Drive

  • Multifamily

$415,000 $21,842 / unit

Local investor purchases Sycamore Court apartments, a 19-unit complex just off Evangeline St near Florida Blvd.

BuyerCK Enterprises of Louisiana LLC

Tract A Mickens Rd

Tract A Mickens Rd

  • Land

$300,000 $1.53 / Land SF

Port Allen developers purchase 4.5 acres off Mickens Rd.

BuyerMickens Rd Development

10589 Airline Hwy

10589 Airline Hwy

  • Portfolio

$250,000 $21 / SF

Husband and wife investors purchase three auto repair facilities around Baton Rouge: one on Airline Hwy, Greenwell Springs Rd, and Evangeline St.

BuyerTravis Spinosa

7517 Town S Ave

7517 Town S Ave

  • Industrial

$213,000 $61 / SF

Louisiana Pond Management purchase the company's headquarters just off Staring Lane.

Buyer7517 Town South LLC

Upcoming Planning Commission Cases 1 case

Rezoning for Zero Lot Line Subdivision on Old Hammond Hwy

Submitted by Jonathan Starnes

To rezone from Rural to Zero Lot Line (A2.6) and amend the Comprehensive Land Use Plan from Residential Neighborhood to Compact Neighborhood on property located north of Old Hammond Hwy and west of O'Neal Lane. Rezoning Application – Amendment Application

Commercial Permits Issued Last Week 44 permits

AddressTypeValueDescriptionOwner / Applicant / Contractor
5377 HIGHLAND RD BATON ROUGE LA 70808DemolitionN/ATake down and remove 24' x 56' (2) column T section of fueling canopy. Remove existing T section of canopy only.O Chris Seebach
1325 NORTH ST BATON ROUGE LA 70802OccupancyN/AExisting apartmentO Collis Temple
2436 STE D NORTH ST BATON ROUGE LA 70802Commercial: Complete InteriorN/AComplete Interior Build-out of Suite D of 1,130 s.f. to add restrooms, air conditioning and sheetrock. Mercantile or Business Use. FUTURE tenant needs occupancy or possible remodel permit.O marjoe holmes
11457 FLORIDA BLVD BATON ROUGE LA 70815OccupancyN/APowers releaseO Veronica San Jose
7055 GLEN OAKS DR BATON ROUGE LA 70812Gas TestN/ACommercial gas testO —
2436 STE A NORTH ST BATON ROUGE LA 70802Commercial: Complete InteriorN/AComplete Interior Build-out of Suite A of 1,180 s.f. to add restrooms, air conditioning and sheetrock. Mercantile or Business Use. FUTURE tenant needs occupancy or possible remodel permit.O marjoe holmes
1325 NORTH ST BATON ROUGE LA 70802OccupancyN/AExisting ApartmentO Collis Temple
2436 STE C NORTH ST BATON ROUGE LA 70802Commercial: Complete InteriorN/AComplete Interior Build-out of Suite C of 1,052 s.f. to add restrooms, air conditioning and sheetrock. Mercantile or Business Use. FUTURE tenant needs occupancy or possible remodel permit.O marjoe holmes
2436 STE B NORTH ST BATON ROUGE LA 70802Commercial: Complete InteriorN/AComplete Interior Build-out of Suite B of 1,000 s.f. to add restrooms, air conditioning and sheetrock. Mercantile or Business Use. FUTURE tenant needs occupancy or possible remodel permit.O marjoe holmes
3112 BALIS DR BATON ROUGE LA 70808OccupancyN/AStoring closed files, office furniture, and other items for law office.O —
1084 MONET DR BATON ROUGE LA 70806ElectricalN/AReplacing 4 gang metercan on apartments 20, 21,22,23O Johnothan
3939 S SHERWOOD FOREST BLVD BATON ROUGE LA 70816OccupancyN/ATurn on the electricity for showing !O mike dinh
6750 HARRY DR BATON ROUGE LA 70806OccupancyN/AElectricity has been off in apartment for over 6 months and Entergy is requiring a permitO Melba Chatman
2336 HIGHLAND RD BATON ROUGE LA 70802OccupancyN/AExisting convenience store with gas station.O ABDULKHALEQ HUSSAIN
13000 JUSTICE AVE BATON ROUGE LA 70816OccupancyN/AOFFICEO Ayanna Ginn
380 ELMER AVE BATON ROUGE LA 70807ElectricalN/ARebuild service 100 ampO Shannon Douglas
2838 CRATER LAKE DR BATON ROUGE LA 70814OccupancyN/Arepairing carsO —
6435 RENOIR AVE, BATON ROUGE, LOUISIANA, 70806 BATON ROUGE LA 70806OccupancyN/AStorageO Frederick Davis
936 MAGNOLIA WOOD AVE BATON ROUGE LA 70808PlumbingN/ARemove existing bathtub and part of the surround. Install new pressure balance valve. Install new acrylic shower base and acrylic surround. Water and drain will attach to existing .O Barbara Burns
8706 JEFFERSON HWY BATON ROUGE LA 70809OccupancyN/Arental propertyO Gary Koederitz
12553 S HARRELL'S FERRY RD BATON ROUGE LA 70816OccupancyN/AOffice SpaceO —
4520 JAMESTOWN AVE BATON ROUGE LA 70808OccupancyN/APayroll ServicesO Charles Taylor
8751 SIEGEN LN BATON ROUGE LA 70810OccupancyN/AFormer Bank Building Purchased by Ted Terrell (SW-Siegen) to be renovated. Entergy stated permit (read & leave on) needed for gas transfer. I am not sure there is even gas at the property.O Ted Terrell
12310 INDUSTRIPLEX BLVD BATON ROUGE LA 70809OccupancyN/Aoccupancy to transfer serviceO Elizabeth Macmurdo
4520 JAMESTOWN AVE BATON ROUGE LA 70808OccupancyN/APayroll ServicesO Charles Taylor
4520 JAMESTOWN AVE BATON ROUGE LA 70808OccupancyN/APayroll ServicesO Charles Taylor
11017 PERKINS RD BATON ROUGE LA 70810OccupancyN/AOffice for home health care business.O —
11777 INDUSTRIPLEX BLVD BATON ROUGE LA 70809Commercial: RemodelN/ARenovation to an existing 31,243 s.f. building, Creating 9,760 s.f. tenant space, Suite 3, for business occupancy (3,058 s.f.) with a portion to be warehouse use (4,578 s.f.) to be separated by 1HR Fire Rated wall. Existing building is protected by an automatic sprinkler system.O Lawrence Maestri
9828 BLUEBONNET BLVD BATON ROUGE LA 70810Gas TestN/AChildren play tumblingO Brody Thompson
16441 S HARRELL'S FERRY RD BATON ROUGE LA 70816Gas TestN/ACommercial gas test for rental unit #6215O —
2088 POLLARD PKWY BATON ROUGE LA 70808ElectricalN/AWe will be changing out a meter to a combo meter. We will need to have a cut in inspection done for Entergy on Thursday. I will call the office to set it up.O Elizabeth Avera
4626 SHERWOOD COMMON BLVD BATON ROUGE LA 70816OccupancyN/Aoffice spaceO Billy Jacobs
304 LAUREL ST BATON ROUGE LA 70801Occupancy: CleanN/AOffice – Clean and Show PermitO Julius McMains
18451 HIGHLAND RD BATON ROUGE LA 70810Commercial: NewN/ANew construction of 2,250 s.f. Andy's Frozen Custard walk-up and Drive Thru store, sitework and parking. There will be no indoor seating at this location.O Wyatt Adams
10330 AIRLINE HWY, BATON ROUGE, LOUISIANA, 70809 BATON ROUGE LA 70809Commercial: RemodelN/AInterior renovations to an existing 1575 s.f. tenant lease space (suite) within an existing strip mall for new office layout (Business Group B). Scope of work includes associated Mechanical, Electrical and Plumbing modification.O Darren Aschaffenburg
4021 W E. HECK CT BATON ROUGE LA 70816Commercial: NewN/ANew construction of 3684 s.f. Building F in existing office park for Business use, to include 4 suites (F1 of 893 s.f., F2 of 917 s.f., F3 of 917 s.f. and F4 of 893 s.f.)O —
6401 BLUEBONNET BLVD BATON ROUGE LA 70836OccupancyN/AThere is an existing Pizza restaurant inside the food court and this is a new company called Freshzza that is taking over this location and opening it up again as a Pizza restaurant.O Jason Spencer
10380 AIRLINE HWY BATON ROUGE LA 70809Commercial: RemodelN/ARENOVATION OF AN EXISTING MERCANTILE SHOWROOM, 6,963 s.f. IIIB; M/S-2 Use.O Adam Penn
5159 BAKER BLVD BAKER LA 70714Commercial: RemodelN/ARemodel 4 Plex flooded rental property. Flood damage renovation. Scope of work includes repairing/ replacing sheetrock, hot water heaters, toilets, tubs and sinks, adding smoke detectors, some exterior repairs, downstairs units will be replacing all outlets and switches. This permit is for Units C and D only, see permit #129125 for units A and B.O Tommy Gould
9867 MESA VERDE AVE BATON ROUGE LA 70814OccupancyN/AResidential Property for sale, bank owned by SBA, utilities needed to move towards ACT OF SALEO Michael Reagan
1606 BROCADE DR, BATON ROUGE, LOUISIANA, 70815 BATON ROUGE LA 70815ElectricalN/AFix bent riser and damaged meter panO Charlie Myers
9420 OLD HAMMOND HWY BATON ROUGE LA 70809OccupancyN/AOffice Occupancy for Momentum Commercial Real EstateO Andy McCall
1310 MENGEL RD BATON ROUGE LA 70805ElectricalN/AService upgrade and new service at existing locationO John Foley
4600 SHERWOOD COMMON BLVD BATON ROUGE LA 70816OccupancyN/AHome Care companyO Brandon Ratcliff
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