24 Apr The Pulse LFT: KADN Fox 15 studio on Eraste Landry sells
A weekly update on the commercial real estate landscape of Lafayette.
Commercial Sales Recorded Last Week
700 I 10 S Frontage Rd
Type: Retail
Price: $2,500,000 ($446.43 / SF)
Buyer: GUILLORY OIL COMPANY INC
Elifin’s Notes: Eunice-based company purchases the combination McDonalds and Gas Station/Convenience Store located near the Scott/Cankton exit off of I-10
201 Saint Patrick St
Type: Office
Price: $1,916,300 ($98.76 / SF)
Buyer: CHAPMAN, LELAND RANDELL; CHAPMAN, MIRIAM
Elifin’s Notes: A pair of Carencro-based investors purchase a two story office building near the old Lourdes Hospital campus along with a 0.17 acre adjoining parcel of vacant land
4551 Johnston St
Type: Retail
Price: $630,000 ($205.88 / SF)
Buyer: MARKS & VINCENT PROPERTIES LLC
Elifin’s Notes: Local investors purchase office building on Johnston Street between Camellia Boulevard and Ridge Road
300 LA 96
Type: Land
Price: $335,000 ($2.56 / Land SF)
Buyer: HIGH RIGHT LLC
Elifin’s Notes: A pair of local investors purchase a 3 acre vacant parcel zoned for light industrial purposes in Broussard near Highway 90
1128 S Bernard Rd
Type: Land
Price: $290,000 ($6.66 / Land SF)
Buyer: WDWJ INC
Elifin’s Notes: Local investors purchase 1 acre of vacant commercial land on South Bernard Road near Ambassador Caffery Parkway
3334 Verot School Rd
Type: Land
Price: $200,000 ($0.71 / Land SF)
Buyer: RICKY SMITH FAMILY TRUST THE
Elifin’s Notes: Local family trust purchases approximately 6.44 acres of land on Verot School Road near Milton
1331 Garber Rd
Type: Land
Price: $160,000 ($1.67 / Land SF)
Buyer: STUTES PROPERTIES LLC
Elifin’s Notes: Local investors purchase a 2.2 acre portion of a larger vacant commercial land parcel in Broussard on Garber Road
212 Row 1
Type: Land
Price: $90,000 ($2.35 / Land SF)
Buyer: SEER INVESTMENTS LLC
Elifin’s Notes: Youngsville-based investors purchase two adjacent parcels of vacant industrial land in the Canebreak Commercial & Business Park area
1500 Eraste Landry Rd
Type: Specialty
Price: Withheld
Buyer: STORE MASTER FUNDING XXXI LLC
Elifin’s Notes: Arizona-based investors purchase the KADN studio property on Eraste Landry
Commercial Permits Issued Last Week
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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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