The Pulse LFT: Local entity purchases 3 fast food restaurant properties

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

Commercial Sales Recorded Last Week

1602 N University Ave; 4154 W Congress St, Lafayette, LA 70506
1602 N University Ave; 4154 W Congress St, Lafayette, LA 70506

Type: Retail
Price: $2,102,965 ($560.64 / SF)
Buyer: RAJANE LLC
Elifin’s Notes: This sale includes two of the three fast food locations purchased by a local entity this past week.

400 E Bluebird Dr, Lafayette, LA 70508
400 E Bluebird Dr, Lafayette, LA 70508

Type: Land
Price: $1,595,587 ($3.86 / Land SF)
Buyer: DB CAMELLIA LAND LLC
Elifin’s Notes: A 9.4+ acre parcel of land sells off of Camellia Boulevard.

3600 W Congress St, Lafayette, LA 70506
3600 W Congress St, Lafayette, LA 70506

Type: Office
Price: $685,000 ($174.97 / SF)
Buyer: MARKERSON PROPERTIES LLC
Elifin’s Notes: Markerson Properties LLC acquires an office property on West Congress Street.

226 Jared Dr, Broussard, LA 70518
226 Jared Dr, Broussard, LA 70518

Type: Industrial
Price: $460,000 ($115.00 / SF)
Buyer: THOMPSON, SHANE TRAVIS
Elifin’s Notes: An industrial property sells across the street from Parish Brewing in Broussard.

200BLK Camus Rd, Lafayette, LA 70503
200BLK Camus Rd, Lafayette, LA 70503

Type: Land
Price: $230,000 ($0.99 / Land SF)
Buyer: BEYOND REALTY DEVELOPMENT LLC
Elifin’s Notes: Beyond Realty Development LLC acquires a 5.3+acre parcel of land on Camus Road.

203 Winchester Dr, Lafayette, LA 70506
203 Winchester Dr, Lafayette, LA 70506

Type: Retail
Price: $217,000 ($180.83 / SF)
Buyer: PEAK FOOD HOLDING LLC
Elifin’s Notes: A former franchise of Domino’s Pizza sells near Adrien’s on Winchester Drive.

108 E Kaliste Saloom Rd, Lafayette, LA 70508
108 E Kaliste Saloom Rd, Lafayette, LA 70508

Type: Retail
Price: $100,000 ($36.27 / SF)
Buyer: RAJANE LLC
Elifin’s Notes: This property along East Kaliste Saloom Road is one of three fast food locations purchased by a local entity this past week.


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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