The Pulse LFT: City of Lafayette acquires industrial property for 1.7mm

23 Dec The Pulse LFT: City of Lafayette acquires industrial property for 1.7mm

Posted at 09:45h in Research, The Pulse, The Pulse: Lafayette by ELIFIN® 0 Comments

A weekly update on the commercial real estate landscape of Lafayette.

Commercial Sales Recorded Last Week

923 W Pinhook Rd, Lafayette, LA 70503

Type: Healthcare
Price: $6,523,941 ($374.75 / SF)
Buyer: FVR LOUISIANA LLC
Elifin’s Notes: The commercial property occupied by the Saint Joseph Hospice changes hands on West Pinhook.

226 St Nazaire Rd, Broussard, LA 70518

Type: Retail
Price: $2,000,000 ($363.64 / SF)
Buyer: PAUL & HARRY 2 LLC
Elifin’s Notes: A Saint Martinville-based LLC purchases a gas station and convenience store property, with a drive-thru store configuration, located near Saint Julien Park.

1626 Walker Rd, Lafayette, LA 70506

Type: Industrial
Price: $1,740,000 ($96.67 / SF)
Buyer: LAF-CITY
Elifin’s Notes: The City of Lafayette acquires an industrial property on Walker Road.

126 Heymann Blvd, Lafayette, LA 70503

Type: Office
Price: $1,000,000 ($104.00 / SF)
Buyer: FOUNDATION FOR WELLNESS INC
Elifin’s Notes: Foundation for Wellness Inc acquires an office property on Heymann Boulevard.

4906 Ambassador Caffery Pkwy (Bldg J), Lafayette, LA 70508

Type: Office
Price: $600,000 ($238.85 / SF)
Buyer: ROBIN HOLDINGS LLC
Elifin’s Notes: Robin Holdings LLC acquires an office property within the Cordoba Professional Office Park.

243 Tubing Rd, Broussard, LA 70518

Type: Industrial
Price: $599,000 ($79.87 / SF)
Buyer: JLB INDUSTRIES LLC
Elifin’s Notes: JLB Industries acquires an industrial property within the Voorhies Industrial Park.

2315 E Simcoe St, Lafayette, LA 70501

Type: Retail
Price: $300,000 ($147.06 / SF)
Buyer: 3 BROS MINI MART INC
Elifin’s Notes: 3 Bros Mini Mart Inc purchases a grocery store property on East Simcoe Street.

602 Apollo Rd, Scott, LA 70583

Type: Retail
Price: Withheld
Buyer: MBH NNN INVESTMENTS LLC
Elifin’s Notes: A Texas-based entity purchases the newly constructed WhiteWater Express Car Wash in Scott.

107 Business Park Dr, Lafayette, LA 70508

Type: Land
Price: Withheld
Buyer: DYNAMIC CHEMICAL SOLUTIONS INC
Elifin’s Notes: Dynamic Chemical Solutions Inc. acquires a 0.9 acre parcel of land off of Verot School Road.

Commercial Permits Issued Last Week

Address	Type / Value	Description	Owner / Applicant / Contractor
1830 W WILLOW ST	Addition / Alteration / Repair (C) $250,000	Office for office work (7 offices, conference room and bathrooms)	[O] N/A [C] N/A
120 Galbert Road	Addition / Alteration / Repair (C) $0	Addition of a gravel laydown area	[O] Galbert Road LLC. [C] N/A
300 CARDINAL DR	Addition / Alteration / Repair (C) $0	Demolition and renovation of existing building.	[O] N/A [C] N/A
3910 CAMERON ST	Addition / Alteration / Repair (C) $0	My goal is to serves community with a small gathering place for small events only	[O] N/A [C] N/A
3001 VEROT SCHOOL RD	Addition / Alteration / Repair (C) $0	Renovations and additions to the existing church sanctuary and all site work associated with the expansion.	[O] N/A [C] N/A
202 RUE IBERVILLE	Addition / Alteration / Repair (C) $0	add wall and door	[O] N/A [C] N/A
104 WESTWOOD DR	Electrical Standalone (C) $0	Change out electrical Panel in Apt. #378, Building #24	[O] N/A [C] N/A
301 RAYBURN ST	Electrical Standalone (C) $0	Change out electrical Panel in Apt. #548, Building #34	[O] N/A [C] N/A
104 WESTWOOD DR	Electrical Standalone (C) $0	Change out electrical Panel in Apt. #475, Building #23	[O] N/A [C] N/A
801 S BEAU PRE RD #A	Electrical Standalone (C) $0	Replacing disconnect, existing lift station.	[O] N/A [C] N/A
329 LEBESQUE RD	Electrical Standalone (C) $0	Rotten utility pole. New over head service for a trailer LOT 46	[O] N/A [C] N/A
2401 E SIMCOE ST	Electrical Standalone (C) $0	General to get utilities on APT 103	[O] N/A [C] N/A
903 N UNIVERSITY AVE	Mechanical Standalone (C) $0	Remove and replace (4) ground level HVAC units, like for like, disconnect and reconnect to existing hookups.	[O] N/A [C] AES MECHANICAL SERVICES GROUP, INC, MICHAEL FOWLER
1312 TWELFTH ST	Plumbing Standalone (C) $0	Needing to install a backflow	[O] N/A [C] CJ’S PLUMBING REPAIR, CONNIE J GOULAS
4906 AMBASSADOR CAFFERY PKWY	Plumbing Standalone (C) $0	Install backflow preventer	[O] N/A [C] DEROUEN PLUMBING, HOWARD DEROUEN
1320 AMBASSADOR CAFFERY PKWY	Plumbing Standalone (C) $0	CONNECT TO CITY WATER/SEWER	[O] N/A [C] JUDICE SERVICES INC, GRANT GONDRON
616 W PINHOOK RD	Sign – Wall Sign (C) $0	N/A	[O] N/A [C] N/A
212 W EVERGREEN ST	Sign – Wall Sign (C) $0	N/A	[O] N/A [C] N/A

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.

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