Local entity purchases 3 fast food restaurant properties
The October 7, 2024 issue covers seven commercial sales recorded across Lafayette the previous week, totaling $5.39M in disclosed volume. The headline deal: RAJANE LLC, a local entity, paid $2.1M ($560.64/SF) for two fast food locations at 1602 North University Avenue and 4154 West Congress Street. Retail led the week with three of the seven sales, as the same buyer also picked up a third fast food property on East Kaliste Saloom Road for $100K, while more than 9.4 acres off Camellia Boulevard sold for $1.6M.
Commercial Sales Recorded Last Week 7 sales
1602 N University Ave; 4154 W Congress St
$2,102,965 $560.64 / SF
This sale includes two of the three fast food locations purchased by a local entity this past week.
BuyerRAJANE LLC
400 E Bluebird Dr
$1,595,587 $3.86 / Land SF
A 9.4+ acre parcel of land sells off of Camellia Boulevard.
BuyerDB CAMELLIA LAND LLC
3600 W Congress St
$685,000 $174.97 / SF
Markerson Properties LLC acquires an office property on West Congress Street.
BuyerMARKERSON PROPERTIES LLC
226 Jared Dr
$460,000 $115.00 / SF
An industrial property sells across the street from Parish Brewing in Broussard.
BuyerTHOMPSON, SHANE TRAVIS
200BLK Camus Rd
$230,000 $0.99 / Land SF
Beyond Realty Development LLC acquires a 5.3+acre parcel of land on Camus Road.
BuyerBEYOND REALTY DEVELOPMENT LLC
203 Winchester Dr
$217,000 $180.83 / SF
A former franchise of Domino's Pizza sells near Adrien's on Winchester Drive.
BuyerPEAK FOOD HOLDING LLC
108 E Kaliste Saloom Rd
$100,000 $36.27 / SF
This property along East Kaliste Saloom Road is one of three fast food locations purchased by a local entity this past week.
BuyerRAJANE LLC
Commercial Permits Issued Last Week 31 permits
| Address | Type | Value | Description | Owner / Applicant / Contractor |
|---|---|---|---|---|
| 3105 LOUISIANA AVE | Demo (C) | $79,000 | N/A | O N/AC PELLERIN & SONS, INC., Andy J. Pellerin |
| 4603 JOHNSTON ST | Demo (C) | $50,000 | DEMO | O SOUTHERN CLASSIC CHICKENC Chart Construction, L.L.C., Ronald David Christie, Jr. |
| 211 E DEVALCOURT ST | Addition / Alteration / Repair (C) | $0 | 1. Project Description: The project consists of all labor and materials including performance of all work for renovation of the first floor of the existing building. Majority of the work items are as follows: a. Exterior Improvements include but are not limited to: 1) Removal and replacement of concrete paving. 2) Minor repairs to ceiling. 3) Landscaping including irrigation system. b. Interior Improvements include but are not limited to: 1) Replacement of front storefront doors.2) Minor demolition of existing construction. 3) Pre-manufactured wall systems. 4) New finishes for floors, walls and ceilings. 5) Minor electrical. | O N/AC N/A |
| 608 N PIERCE ST | Addition / Alteration / Repair (C) | $0 | New Barbershop. Review fees paid under 2024-4167 | O N/AC N/A |
| 1042 Camellia Blvd | Addition / Alteration / Repair (C) | $0 | Interior renovations to existing 916 sq ft office suite | O N/AC N/A |
| 202 RUE IBERVILLE | Addition / Alteration / Repair (C) | $0 | NEW WALL AND DOOR TO CREATE VESTIBULE AT EXISTING CONFERENCE ROOM. | O N/AC N/A |
| 125 STEWART ST | Addition / Alteration / Repair (C) | $0 | The building is enrolled in Federal and State Historical Tax Incentive Programs. Changes to existing floorplan include removing one office / hallway wall; re-build one office wall where removed by previous owner; replacing another office/hallway wall with glass wall; removing one office wall; All doors will be replaced; all fixtures will be replaced; all carpet flooring will be replaced; No new plumbing will be added; No new electrical will be added; all outlets and fixture locations will remain where located; | O N/AC N/A |
| 100 ENTERPRISE BLVD | Addition / Alteration / Repair (C) | $0 | Interior demolition and renovation of existing office space and inventory warehouse. | O N/AC N/A |
| 1701 N UNIVERSITY AVE | Addition / Alteration / Repair (C) | $0 | Installation of a new restaurant into a currently vacant space inside of a TravelCenter. Previous tenant was another restaurant (Boston Market), so occupancy remains unchanged. Work involves new finishes, POS counter, some new equipment and MEP as required. | O N/AC N/A |
| 2306 Mills Street | Commercial New Construction | $0 | Construction of a new +/-12,726 Sq. Ft. one-story Dollar General Commercial Retail Facility and associated site utilities, landscaping, parking lot, and drive aisles to be located on the east side of Mills Street, approximately 1,300 Ft. south of the intersection of Mills Street and Dugas Road. Site lies within unincorporated Lafayette Parish, LA. | O N/AC N/A |
| 2306 Mills Street | Culvert/Right of Way(C) | $0 | N/A | O N/AC N/A |
| 101 GLOUCHESTER RD | Electrical Standalone (C) | $0 | CHG OUT APT#34 | O N/AC N/A |
| 600 S BUCHANAN ST | Electrical Standalone (C) | $0 | New service to provide power to traffic control gates | O N/AC N/A |
| 110 ARMENTOR ST | Electrical Standalone (C) | $0 | Change out damaged meter box for trailer LOT 27 | O N/AC N/A |
| 4621 JOHNSTON ST #A | Electrical Standalone (C) | $0 | General Inspection, electricity has been turned off for more than 6 months. Would like to reconnect. | O N/AC N/A |
| 120 SOUTHPARK RD | Electrical Standalone (C) | $0 | Replace Main Breaker | O N/AC N/A |
| 122 N MEYERS DR | Electrical Standalone (C) | $0 | Residential. Electrical been off for a while UNIT A | O N/AC N/A |
| 303 RAYBURN ST | Electrical Standalone (C) | $0 | Change out electrical panel in apt. #510, building #32 | O N/AC N/A |
| 303 RAYBURN ST | Electrical Standalone (C) | $0 | Change out electrical panel in apt. #542, building #34 | O N/AC N/A |
| 1043 JOHNSTON ST | Electrical Standalone (C) | $0 | RELOCATE AND ADDING CIRCUITS | O N/AC N/A |
| 220 WILKIE ST | Electrical Standalone (C) | $0 | Change out electrical panel in apt. #840, building #19 | O N/AC N/A |
| 2306 Mills Street | Floodplain Development (C) | $0 | N/A | O N/AC N/A |
| 309 LA RUE FRANCE | Mechanical Standalone (C) | $0 | CHG OUT PACKAGE ON ROOF | O N/AC ARSEMENT AIR CONDITIONING AND HEATING, L.L.C., ROBERT ARSEMENT |
| 1043 JOHNSTON ST | Mechanical Standalone (C) | $0 | Installing HVAC to bld. (2) 5 Ton Mini Split & (2) 9000 BTU. | O N/AC TRAHAN & SONS LLC, BROC TRAHAN |
| 1020 COOLIDGE ST | Plumbing Standalone (C) | $0 | Irrigation backflow | O N/AC THE CUTTING EDGE, BLAKE GILMORE |
| 600 S DOMINGUE AVE | Plumbing Standalone (C) | $0 | installed back flow and ran water line to get rid of water well. | O N/AC COLVILLE PLUMBING & HEATING INC, DOUGLAS STUTES |
| 6600 JOHNSTON ST | Sign – Freestanding Electrical (C) | $0 | N/A | O N/AC N/A |
| 2317 KALISTE SALOOM RD | Sign – Wall Sign (C) | $0 | N/A | O N/AC N/A |
| 2800 W PINHOOK RD | Sign – Wall Sign (C) | $0 | N/A | O N/AC N/A |
| 2019 W UNIVERSITY AVE | Sign – Wall Sign (C) | $0 | installing sign | O N/AC N/A |
| 4019 JOHNSTON ST | Sign – Wall Sign (C) | $0 | N/A | O N/AC N/A |