Former Albertsons Sold and Floor and Decor Building Plans

The May 10, 2021 issue covers twelve commercial sales recorded across Baton Rouge the previous week, totaling $11.4M in disclosed volume. The headline deal: Exchangeright Net-Leased Portfolio 46 DST, California-based real estate investment firm ExchangeRight, paid $3.26M ($369/SF) for the Fresenius Kidney Care facility on O'Neal Lane north of I-12. Office led the week with six of the twelve sales, while a local attorney paid $3M for the former Cypress Heights Academy facility and a local dentist bought the former Albertson's on Florida Boulevard at North Sherwood Forest Drive for $1.6M.

By ELIFIN® Source: ELIFIN transaction database

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12Commercial sales recorded
$11.4MDisclosed volume (12 of 12 sales)
$3.26MLargest sale · 1280 O'Neal Lane
6Office sales, the most active type

Commercial Sales Recorded Last Week 12 sales

1280 O'Neal Lane

1280 O'Neal Lane

  • Office

$3,264,390 $369 / SF

ExchangeRight, a California-based real estate investment firm, purchases Fresenius Kidney Care facility on O'Neal Lane north of the I-12 intersection.

BuyerExchangeright Net-Leased Portfolio 46 DST

10420 Barringer Foreman Rd

10420 Barringer Foreman Rd

  • Specialty

$3,000,000 $195 / SF

Local attorney purchases former Cypress Heights Academy facility.

BuyerArea 53 Properties LLC

11559 Florida Blvd

11559 Florida Blvd

  • Retail

$1,600,000 $21 / SF

Former Albertson's on Florida Blvd at N Sherwood Forest Dr sells to local dentist.

BuyerTP Properties Management Corporation

2623 Government St

2623 Government St

  • Office

$675,000 $106 / SF

The owners of JCW, a local creative agency, purchases Taylor Clark building in mid-city.

BuyerPanoramic Properties LLC

3180 Convention St

3180 Convention St

  • Office

$500,000 $77 / SF

Baton Rouge-based non-profit, Capitol City Family Health Center, purchases office off Convention St near the N Acadian Thwy intersection.

BuyerCapitol City Family Health Center Incorporated

4459 Bluebonnet Blvd, Building 1

4459 Bluebonnet Blvd, Building 1

  • Land

$495,000 $90.00 / Land SF

SafetyPro Resources owner purchases office pad site at the developing Mercantile Office Park located on Bluebonnet Blvd south of the Jefferson Hwy intersection.

BuyerProgeny Holdings LLC

655 Scenic Hwy

655 Scenic Hwy

  • Mixed-Use

$400,000 $39 / SF

Louisiana nonprofit, Renaissance Neighborhood Development, purchases former Northside Motors Exchange building off Scenic Hwy a few blocks south of I-110.

BuyerRNDC BR LLC

3071 Teddy Dr

3071 Teddy Dr

  • Office

$390,000 $99 / SF

Local investor purchases office building near the Airline Hwy and I-12 intersection.

BuyerCBSB Investment Properties LLC

2029 North St

2029 North St

  • Land

$375,000 $5.52 / Land SF

Louisiana nonprofit, Renaissance Neighborhood Development, purchases the remaining portion of the city block neighboring their purchase of 655 Scenic Hwy.

BuyerRNDC BR LLC

5425 Galeria Dr

5425 Galeria Dr

  • Office

$338,400 $68 / SF

Texas-based investor purchases partially leased office building off Sherwood Forest Blvd between Coursey Blvd and Airline Hwy

BuyerMinghua Ye

11870 Florida Blvd

11870 Florida Blvd

  • Land

$260,000 $8.15 / Land SF

Husband and wife purchase vacant lot on the hard corner of Florida Blvd and Little John Dr.

BuyerTam T Chu

10988 N Harrell's Ferry Rd

10988 N Harrell's Ferry Rd

  • Office

$150,000 $105 / SF

Local attorney purchases office suite at Myrtle Lake Plaza Office Condominiums.

BuyerBrock Alex Mathew Facione

Upcoming Planning Commission Cases 2 cases

Restaurant/Outdoor event space under Perkins overpass

Submitted by Sarah Margaret Smith, Attorney

Proposed rezoning from Light Industrial (M1) to Commercial Alcoholic Beverage (restaurant) (C-AB-1) for reception hall serving alcohol / outdoor event space.

Commercial Permits Issued Last Week 47 permits

AddressTypeValueDescriptionOwner / Applicant / Contractor
11441 INDUSTRIPLEX BLVD BATON ROUGE LA 70809OccupancyN/AExisting Office/WarehouseO BOBBY ROBERT
331 3RD ST BATON ROUGE LA 70801OccupancyN/AExisting bar/club.O Chad Hughes
1754 CEDAR LAKE DR BATON ROUGE LA 70808Commercial: RemodelN/AFire Damage renovation to Unit B of 900 s.f. in Four Plex from fire in kitchen. Scope of work include replacing sheetrock on ceiling and adjacent apartment walls. Replacing burnt electrical wiring in kitchen area. Replacing burned plumbing fixtures in kitchen area. Replacing all ductwork and new a/c unit.O Amie Rabel
8218 INNOVATION PARK DR BATON ROUGE LA 70820OccupancyN/Aexisting fourplexO Romico Barnes
10001 STE 100 PERKINS ROWE BATON ROUGE LA 70810OccupancyN/AFull service Restaurant and Bar.O FRANCOIS ALZAEEM
4735 PERKINS RD BATON ROUGE LA 70808OccupancyN/AOutpatient physical Therapy ClinicO Simmit Bankston
6650 RIO DR BATON ROUGE LA 70812OccupancyN/A4 unit Apartment ComplexO Martrell Harris
6246 FLORIDA BLVD BATON ROUGE LA 70806OccupancyN/AExisting Retail/ Clothing storeO T. Rochelle Brooks
8231 STE B SUMMA AVE BATON ROUGE LA 70809OccupancyN/AMASSAGE THERAPY: DEEP TISSUE MASSAGE, RELAXATION MASSAGE, CUPPING THERAPY, SUGAR EXFOLIATION SCRUB, AND STRETCHING. GUIDED MEDITATION AND TOUCHLESS ENERGY WORK.O LOUAY MOHAMMAD
5425 STE F GALERIA DR BATON ROUGE LA 70816OccupancyN/ASpa and Wellness TherapyO JaQuencia Johnson
7655 AIRLINE HWY BATON ROUGE LA 70814OccupancyN/Anew owner/Commercial equipment rentalO Michael Jarreau
1044 BROADMOOR CIR BATON ROUGE LA 70815ElectricalN/ARepairs to existing electrical overhead service. Service Drop was struck by fallen limb which caused damaged to riser pipe and drop from utility pole. Will need inspection later today to have service reenergized.O Tan Wynn
4215 STE 3 S SHERWOOD FOREST BLVD BATON ROUGE LA 70816OccupancyN/ABarbershop.O Hillary Jackson
2862 O'NEAL LN BATON ROUGE LA 70816OccupancyN/Aexisting 4 bay Shop spaceO Steven Kaplan
7234 AIRLINE HWY BATON ROUGE LA 70805Commercial: RemodelN/ARenovation and change of occupancy of existing 887 s.f. Car Wash building to Business for motor vehicle sales.O ESSAM FARHAT
8510 QUARTERS LAKE RD BATON ROUGE LA 70809OccupancyN/APersonal Services – eyelashes, permanent make-up, etc.O Elpida Thongsavanh
11406 LAKE SHERWOOD AVE N BATON ROUGE LA 70816Commercial: RemodelN/AInterior renovation of 329 s.f. in existing building for business use.O Quan Wang
5875 FLORIDA BLVD BATON ROUGE LA 70806Commercial: NewN/A(EXPEDITED) 509 SF COFFEE CAFE DRIVE THROUGH (SP 1-21)O CORRIE HIGGINS
13520 STE D PERKINS RD BATON ROUGE LA 70810OccupancyN/ANew owner of existing nutrition storeO david gill
10350 SCOTLAND AVE BATON ROUGE LA 70807OccupancyN/ABarbershopO Neal Burrell
7922 STE 1 SUMMA AVE BATON ROUGE LA 70809Occupancy: CleanN/AClean and show.O Lalitha Chalasani
6240 FLORIDA BLVD BATON ROUGE LA 70806OccupancyN/AOffice to tutor students in reading and writing along with adult GED services.O Datta Marquette
5627 STE A6 SUPERIOR DR Baton Rouge LA 70816OccupancyN/AOffice for security company.O Rina LLC
3151 COLLEGE DR BATON ROUGE LA 70808OccupancyN/ASmoke related novelty salesO Ian Carpenter
209 W STATE ST BATON ROUGE LA 70802OccupancyN/AExisting RESTURANT(Formally Crab Queens)O Lekiedra Coleman
23896 ZACHARY-SLAUGHTER HWY SLAUGHTER LA 70777OccupancyN/AConvenient store selling alcoholO Moe Javer
6663 JEFFERSON HWY BATON ROUGE LA 70806OccupancyN/AClean and show.O Michael Normand
1335 KENILWORTH PKWY BATON ROUGE LA 70808ElectricalN/AInstalling 2 Tesla solar batteriesO Bill Stickle
16441 S HARRELL'S FERRY RD BATON ROUGE LA 70816Gas TestN/AGas test on rental unit #5108O —
6947 VAN GOGH AVE BATON ROUGE LA 70806OccupancyN/AChurch with office space.O Vernene Rogers
16441 S HARRELL'S FERRY RD BATON ROUGE LA 70816Gas TestN/AGas test for Rental unit 5001O —
1530 N FOSTER DR BATON ROUGE LA 70806OccupancyN/AIncome Tax Office.O Susan LeBlanc
10652 STE D ALCO AVE BATON ROUGE LA 70816Occupancy: CleanN/AClean and showO Casey Helms
162 LEE DR BATON ROUGE LA 70808OccupancyN/ASmall retail business clothing ( My Pynk Bouteek)O Amber Wells
8049 STE A SUMMA AVE BATON ROUGE LA 70809ElectricalN/AWILL NEED EMERGENCY INSPECTION — Burnt Meter socket in meter Bank. Units A, B, C, D and house meterO Geordy B
4269 PERKINS RD BATON ROUGE LA 70808OccupancyN/AHair salon.O Beverly Thornton
12232 INDUSTRIPLEX BLVD Baton Rouge LAOccupancyN/AOffice/Warehouse – photography equipment/sets.O Daniel Spencer
10881 INDUSTRIPLEX BLVD BATON ROUGE LA 70809Commercial: NewN/ANEW CONSTRUCTION OF CONCRETE SLAB FOUNDATIONS FOR THE INSTALLATION OF (2) 320 s.f. (Units A and B) PREFABRICATED SHIPPING CONTAINERS FOR STORAGE (S1) OCCUPANCY AND TYPE IIB CONSTRUCTION. THE BUILDINGS ARE NOT SPRINKLERED. NO ELECTRICAL MECHANICAL OR PLUMBING IN SCOPE.O KATHRYN KIRSCHMAN FAMILY MYERS
12030 LAKELAND PARK BLVD BATON ROUGE LA 70809OccupancyN/AContractor's office/warehouse.O Charles Carter
1010 NICHOLSON DR BATON ROUGE LA 70802Occupancy: CleanN/AClean and Show.O donnie jarreau
10267 BLACK OAK DR BATON ROUGE LA 70815Gas TestN/AGas test onlyO Constant Delpit
1817 S SHERWOOD FOREST BLVD BATON ROUGE LA 70816Occupancy: CleanN/AClean and show.O Carter Kronlage
4021 W E. HECK CT BATON ROUGE LA 70816OccupancyN/AMortgage broker officeO Darlene Reese
8841 BLUEBONNET BLVD BATON ROUGE LA 70810OccupancyN/AInsurance agency office.O WILLIAM HAYS
1683 O'NEAL LN BATON ROUGE LA 70816OccupancyN/ASign meter. Electrical only.O Saraah Still
1683 O'NEAL LN BATON ROUGE LA 70816Occupancy: CleanN/AClean and show for retail space.O sarah still
4021 W E. HECK CT BATON ROUGE LA 70816OccupancyN/AMortgage broker office.O Darlene Reese
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