The Pulse LFT: Class A office property sells for 8.2mm

13 May The Pulse LFT: Class A office property sells for 8.2mm

Posted at 09:43h 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

425 Settlers Trace Boulevard, Lafayette, LA 70508

Type: Office
Price: $8,200,000 ($266.49 / SF)
Buyer: 425 SETTLERS LLC
Elifin’s Notes: A two-story Class A medical office building sells on Settlers Trace Boulevard

1304 Bertrand Drive, Lafayette, LA 70506

Type: Office
Price: $3,150,000 ($62.18 / SF)
Buyer: BE TRO LLC
Elifin’s Notes: A six building office complex sells on Bertrand Drive near Dulles Drive

901 East Main Street, Broussard, LA 70518

Type: Retail
Price: $1,000,000 ($200.00 / SF)
Buyer: EAST MAIN STREET RENTALS LLC
Elifin’s Notes: The Little Blessings Day Care Center sells in Broussard

1200 South Bernard Road, Broussard, LA 70518

Type: Land
Price: $340,000 ($6.05 / Land SF)
Buyer: ENKEY JASON; ENKEY, KELLY
Elifin’s Notes: A vacant 1.2+ acre parcel of land sells at the intersection of Heart D Farm Road and South Bernard Road

100 Rue Du Pain, Broussard, LA 70518

Type: Industrial
Price: $331,000 ($44.16 / SF)
Buyer: Hornet Properties LLC of Texas
Elifin’s Notes: A pair of industrial properties sell in Broussard along Rue Du Pain

Commercial Permits Issued Last Week

Address	Type / Value	Description	Owner / Applicant / Contractor
214 RIALS DR	Addition / Alteration / Repair (C) $0	Renovation of existing building; We will bring MEP up to codes with new work, and pulling open wall as well. This is a run down fourplex that needs renovation work. It is 4 units, 2 bed 1 bath each. Attached plan is a rough sketch; approximately 750-1000 sq ft for each unit; 3000-4000 sq ft total; the 2 upstairs units are the same as the two downstairs units.	[O] N/A [C] N/A
2807 KALISTE SALOOM RD	Addition / Alteration / Repair (C) $0	Painting, cabinets and flooring.	[O] N/A [C] N/A
201 FOUNDER’S ST	Addition / Alteration / Repair (C) $0	Adding 2 walls to an open air mail pavilion to house additional mailbox units.	[O] N/A [C] N/A
2414 E SIMCOE ST	Addition / Alteration / Repair (C) $0	Close in bays with store front	[O] N/A [C] N/A
1301 W UNIVERSITY AVE	Addition / Alteration / Repair (C) $0	REFURBISH EXISTING ELEVATOR CONTROLS, EXPAND EXISTING ELEVATOR MACHINE ROOM.	[O] N/A [C] N/A
126 S BUCHANAN ST	Addition / Alteration / Repair (C) $0	Interior renovations to an existing 10,800 SF metal building into an Art Studio with a dance studio ad performanmce floor. There is no site work associated with this project.	[O] N/A [C] N/A
1921 KALISTE SALOOM RD	Addition / Alteration / Repair (C) $0	walls are being erected & the concrete will have to be saw cut to reroute plumbing and move the bathroom. We did out best to contain the flow around the existing sprinkler system and hopefully avoid having to reroute any sprinklers.	[O] N/A [C] N/A
2810 AMBASSADOR CAFFERY PKWY	Addition / Alteration / Repair (C) $0	Site/Civil work includes parking lot demolition and construction of new parking, relocating of existing site utilities, new site utility and drainage infrastructure	[O] N/A [C] N/A
1214 COOLIDGE ST	Addition / Alteration / Repair (C) $0	THIS PROJECT ENLARGES THE EXISTING KITCHEN IT ALSO PROVIDES OFFICE AND STAFF DINING AREAS	[O] N/A [C] N/A
131 ARNOULD BLVD	Addition / Alteration / Repair (C) $0	Tenant fitup	[O] N/A [C] N/A
4319 VEROT SCHOOL RD	Commercial New Construction $0	Gas station	[O] N/A [C] N/A
2901 JOHNSTON ST	Commercial New Construction $0	New deck for treehouse	[O] N/A [C] N/A
2813A & 2815 B Johnston Street	Commercial New Construction $0	All work necessary to build out a restaurant and pasta production.	[O] N/A [C] N/A
118 TIDELAND RD	Electrical Standalone (C) $0	Installing a 50 AMP RV Panel LUS Policy Information CORS Properties LLC 118 Tideland Rd. Lot 10 Acct. # 4520068900	[O] N/A [C] N/A
1601 W PINHOOK RD	Electrical Standalone (C) $0	ELECTRICAL INSPECTION TO GET POWER BACK ON BUILDING PER LUS	[O] N/A [C] N/A
2620 SW EVANGELINE THWY	Electrical Standalone (C) $0	Meter was pulled because owner had planned on demolishing this sign. Sign will not be demolished, original service remains.	[O] N/A [C] N/A
230 RIDGE RD	Electrical Standalone (C) $0	REPLACE A/C SWITCH	[O] N/A [C] N/A
4013 CAMERON ST	Electrical Standalone (C) $0	ADDING A OULET TO EXISTING BUILDING FOR FOOD TRUCK.. PER BRUCE OK	[O] N/A [C] N/A
4013 CAMERON ST	Electrical Standalone (C) $0	ELEC OUTLET INSTALL FOR FOOD TRUCK PER BRUCE OK	[O] N/A [C] N/A
219 DENETTE DR	Electrical Standalone (C) $0	Electrical services upgrade	[O] N/A [C] N/A
123 CENTURION DR	Electrical Standalone (C) $0	Electrical services upgrade	[O] N/A [C] N/A
314 TWELFTH ST	Electrical Standalone (C) $0	Boutique: sell clothes	[O] N/A [C] N/A
3201 CAMERON ST	Electrical Standalone (C) $0	ABOUT TO BE A TIRE SHOP AND REPAIR BUSSINESS.	[O] N/A [C] N/A
312 Renaud Drive	Electrical Standalone (C) $0	We will install a 3” roll pipe underground boring from location of transformer pad which was identified with stakes and an orange flag to the back side of the 2 job trailers. At the back of the trailers we will install a unistrut rack to mount the equipment on. We will install a 320 amp self contained meter base with the underground feed. From the meter base we will extend 3” pvc conduit to a 400 amp nema 3R disconnect. In the disconnect we will install 2 300 amp fuses. We will also extend wire from meter base to the disconnect. From the disconnect we will run pipe and wire to feed a 400 amp main lug panel. We will run 3“ conduit and wire. We will properly terminate all wiring. We will also install a new grounding system which will include a #2 copper conductor and 2 ground rods 6’ apart. From the electrical panel we will extend 4 2” conduits and wire to feed the 4 panels in the job trailers. We will install 4-125 amp breakers in the panel and we will terminate at both ends. Once all work is completed we will schedule an inspection. We will also be there when power is established so we can check for proper function and voltage. All work will be done according to the NEC standards and will be warrantied for 1 year the panel and breakers will be warrantied for 5 years.	[O] Lafayette Consolidated Government, Lafayette Consolidated Government [C] N/A
1248 E PONT DES MOUTON RD #A-1	Generator (C) $0	INSTALLING A 230 KW DIESEL GENERATOR	[O] N/A [C] N/A
107 KALISTE SALOOM RD	Mechanical Standalone (C) $0	crane – to install unit	[O] N/A [C] LANDRY’S AIR SOURCE1 COOLING & HEATIN, RACHEL LANDRY
104 CHAPPUIS DR	New Apartments (C) $0	There are 84 total dwelling units contained in 4 total residential structures. Dwelling units include 1-BR, 2-BR, and 3-BR unit types. The leasing office is located in an on-site clubhouse that includes other tenant amenities. Other site structures include a utility building for Management use, a mail center, picnic pavilion, dog park shade structure, and a cabana adjacent to the clubhouse pool.	[O] N/A [C] SHREVE LAND CONSTRUCTORS, LLC
104 CHAPPUIS DR	New Apartments (C) $0	There are 84 total dwelling units contained in 4 total residential structures. Dwelling units include 1-BR, 2-BR, and 3-BR unit types. The leasing office is located in an on-site clubhouse that includes other tenant amenities. Other site structures include a utility building for Management use, a mail center, picnic pavilion, dog park shade structure, and a cabana adjacent to the clubhouse pool.	[O] N/A [C] SHREVE LAND CONSTRUCTORS, LLC
104 CHAPPUIS DR	New Apartments (C) $0	There are 84 total dwelling units contained in 4 total residential structures. Dwelling units include 1-BR, 2-BR, and 3-BR unit types. The leasing office is located in an on-site clubhouse that includes other tenant amenities. Other site structures include a utility building for Management use, a mail center, picnic pavilion, dog park shade structure, and a cabana adjacent to the clubhouse pool.	[O] N/A [C] SHREVE LAND CONSTRUCTORS, LLC
104 CHAPPUIS DR	New Apartments (C) $0	There are 84 total dwelling units contained in 4 total residential structures. Dwelling units include 1-BR, 2-BR, and 3-BR unit types. The leasing office is located in an on-site clubhouse that includes other tenant amenities. Other site structures include a utility building for Management use, a mail center, picnic pavilion, dog park shade structure, and a cabana adjacent to the clubhouse pool.	[O] N/A [C] SHREVE LAND CONSTRUCTORS, LLC
2610 NE EVANGELINE THWY	Plumbing Standalone (C) $0	2 backflow installs	[O] N/A [C] CJ’S PLUMBING REPAIR, CONNIE J GOULAS
536 SETTLERS TRACE BLVD	Plumbing Standalone (C) $0	10 building apartment complex. we’re installing fire line backflow preventers.	[O] N/A [C] LOUISIANA FIRE EXTINGUISHER INC AND C & I SUPPLY, THOMAS WELCH
536 SETTLERS TRACE BLVD	Plumbing Standalone (C) $0	10 building apartment complex. We’re installing fire line backflow preventers	[O] N/A [C] LOUISIANA FIRE EXTINGUISHER INC AND C & I SUPPLY, THOMAS WELCH
536 SETTLERS TRACE BLVD	Plumbing Standalone (C) $0	10 building apartment complex. We’re installing fire line backflow preventers.	[O] N/A [C] LOUISIANA FIRE EXTINGUISHER INC AND C & I SUPPLY, THOMAS WELCH
536 SETTLERS TRACE BLVD	Plumbing Standalone (C) $0	10 Building apartment complex. We’re installing fire line backflow preventers.	[O] N/A [C] LOUISIANA FIRE EXTINGUISHER INC AND C & I SUPPLY, THOMAS WELCH
557 JEFFERSON ST	Plumbing Standalone (C) $0	Need a smoke test.	[O] N/A [C] COLVILLE PLUMBING & HEATING INC, DOUGLAS STUTES
119 ROW 1	Plumbing Standalone (C) $0	Repair gas leak	[O] N/A [C] CJ’S PLUMBING REPAIR, CONNIE J GOULAS
840 JENKINS RD	Plumbing Standalone (C) $0	BACKFLOW	[O] N/A [C] FLOW MAN LLC
2130 W WILLOW ST	Plumbing Standalone (C) $0	BACKFLOW	[O] THE STORAGE CENTER [C] FLOW MAN LLC
4201 MOSS ST	Reroof (C) $0	Full tear off and disposal of existing roof and installation of new roof.	[O] N/A [C] Coleman Roofing & Construction Gonzales, LLC, Jordan Staples
2309 W GLORIA SWITCH RD	Sign – Freestanding Electrical (C) $0	N/A	[O] N/A [C] N/A
4419 AMBASSADOR CAFFERY PKWY	Sign – Freestanding Electrical (C) $0	N/A	[O] N/A [C] N/A
924 KALISTE SALOOM RD	Sign – Wall Sign (C) $0	N/A	[O] N/A [C] N/A
3527 W PINHOOK RD	Sign – Wall Sign (C) $0	N/A	[O] N/A [C] N/A
4725 AMBASSADOR CAFFERY PKWY	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.

Elifin Realty

marketing@elifinrealty.com