The Pulse LFT: Former Burger Tyme restaurant sells along Johnston

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

Commercial Sales Recorded Last Week

6885 Johnston St, Lafayette, LA 70503
6885 Johnston St, Lafayette, LA 70503

Type: Retail
Price: $2,905,254 ($128.11 / SF)
Buyer: AGREE STORES LLC
Elifin’s Notes: An auto repair shop sells on Johnston Street past East Broussard Road heading toward Maurice.

3300 Johnston St, Lafayette, LA 70503
3300 Johnston St, Lafayette, LA 70503

Type: Retail
Price: $915,000 ($345.28 / SF)
Buyer: TREEHAVEN JOHNSTON LLC
Elifin’s Notes: The Burger Tyme fast food property sells on Johnston Street.

206 E Saint Mary Blvd, Lafayette, LA 70503
206 E Saint Mary Blvd, Lafayette, LA 70503

Type: Retail
Price: $445,000 ($111.39 / SF)
Buyer: LA-STATE BOARD OF SUPERVISORS FOR THE UNIVERSITY OF LOUISIANA SYSTEM
Elifin’s Notes: We Are Groot LLC purchased this property for $395k and, now, sells it to the UL Board of Supervisors for $445k in a little over a year’s time.

100, 101 W Angus Dr, Youngsville, LA 70592
100, 101 W Angus Dr, Youngsville, LA 70592

Type: Industrial
Price: $350,000 ($31.82 / SF)
Buyer: ANGUS ROAD LAND HOLDINGS LLC
Elifin’s Notes: Angus Road Land Holdings has acquired an industrial warehouse.

615 Garber Rd, Broussard, LA 70518
615 Garber Rd, Broussard, LA 70518

Type: Industrial
Price: $163,000 ($67.83 / SF)
Buyer: FREDONOMICS LLC
Elifin’s Notes: A local entity purchases an industrial property with a warehouse and a covered space off of Garber Road.

1701, 1703 St Mary St, Scott, LA 70583
1701, 1703 St Mary St, Scott, LA 70583

Type: Mixed-Use
Price: $125,000 ($75.30 / SF)
Buyer: GERALDS RENTALS LLC
Elifin’s Notes: This property has a single family residence, a detached workshop/garage, and a retail shop fronting on Saint Mary Street in Scott.


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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