The Pulse LFT: Local non-profit SMILE purchases office building

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

Commercial Sales Recorded Last Week

220 Hector Connoly Rd, Carencro, LA 70520
220 Hector Connoly Rd, Carencro, LA 70520

Type: Industrial
Price: $2,926,000 ($47.41 / SF)
Buyer: FNLR COMPOUNDS MATTER LLC
Elifin’s Notes: A national real estate investment trust purchases an industrial property in Carencro.

104 Oil Patch Rd, Broussard, LA 70518
104 Oil Patch Rd, Broussard, LA 70518

Type: Industrial
Price: $1,375,000 ($114.58 / SF)
Buyer: T&D PROPERTY CONSULTING LLC
Elifin’s Notes: A newly constructed (not pictured) industrial property with office and warehouse space sells on Oil Patch Road.

501 Saint John St, Lafayette, LA 70501
501 Saint John St, Lafayette, LA 70501

Type: Office
Price: $600,000 ($87.27 / SF)
Buyer: ST MARTIN IBERIA LAFAYETTE COMMUNITY ACTION AGENCY INC
Elifin’s Notes: SMILE, a local non-profit, purchases an office building on Saint John Street near West Congress Street.

800BLK Guilbeau Rd, Lafayette, LA 70506
800BLK Guilbeau Rd, Lafayette, LA 70506

Type: Land
Price: $305,000 ($2.01 / Land SF)
Buyer: 365 PROPERTIES LLC
Elifin’s Notes: Larose-based business owner purchases a 3.4+ acre tract of vacant commercial land at the corner of Guilbeau Road and Ambassador Caffery Parkway.

201 Westmark Blvd (Suite C), Lafayette, LA 70506
201 Westmark Blvd (Suite C), Lafayette, LA 70506

Type: Retail
Price: $260,000 ($103.22 / SF)
Buyer: DERISE, MICHELE ANN
Elifin’s Notes: A retail property, formerly the Tropical Fish Bowl store sells to BST Real State Holdings.


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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