The Pulse LFT: Lamm Food Service sells NW Evangeline Thwy property

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

Commercial Sales Recorded Last Week

3219 NW Evangeline Thruway
3219 NW Evangeline Thruway

Type: Industrial
Price: $6,375,000 ($130.56 / SF)
Buyer: FIP MASTER FUNDING XIX LLC
Elifin’s Notes: Lamm Food Service’s property sells in North Lafayette

515 S College Rd
515 S College Rd

Type: Office
Price: $1,895,000 ($64.16 / SF)
Buyer: FRANCISCAN PACE INC
Elifin’s Notes: A Baton Rouge-based doctor purchases the two-story office building at 515 South College Road

120 Rue Beauregard
120 Rue Beauregard

Type: Office
Price: $1,350,000 ($128.57 / SF)
Buyer: BENNETT ACQUISITIONS LLC
Elifin’s Notes: A Slaughter-based investor purchases an office property along Rue Beauregard near East Kaliste Saloom Road

103 Oil Patch Rd
103 Oil Patch Rd

Type: Industrial
Price: $850,000 ($123.19 / SF)
Buyer: 103 OIL PATCH ROAD LLC
Elifin’s Notes: Local entity purchases an industrial property in Broussard

233 Brothers Rd
233 Brothers Rd

Type: Industrial
Price: $570,000 ($58.52 / SF)
Buyer: PROGRESSIVE CONSTRUCTION COMPANY LLC
Elifin’s Notes: A New Orleans-based investor purchases an industrial property with office and warehouse space on 21+ acres in Scott

506 E Main St
506 E Main St

Type: Office
Price: $410,000 ($170.12 / SF)
Buyer: JTH AGENCIES LLC
Elifin’s Notes: Local investors purchase an office property located within the City of Broussard Main Street Corridor Master Plan

417 W Main St
417 W Main St

Type: Retail
Price: $408,000 ($221.74 / SF)
Buyer: FREMIN, MONIQUE; FREMIN, BLAZE
Elifin’s Notes: A retail shoppe along West Main Street sells in Broussard

103 Beaulac Ln
103 Beaulac Ln

Type: Land
Price: $337,500 ($45.58 / Land SF)
Buyer: AMO RENTALS LLC
Elifin’s Notes: A Thibodaux-based entity purchases a 0.17 acre vacant parcel of land within an MN-1 zoned area just off of Camelia Boulevard

205 Bowie Bend Rd
205 Bowie Bend Rd

Type: Industrial
Price: $270,000 ($45.00 / SF)
Buyer: 207 BOWIE BEND LLC
Elifin’s Notes: Local investors purchase an office/warehouse property with two buildings off of the Youngsville Highway near Broussard


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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