The Pulse LFT: Medical center adjacent to ULL sold

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

Commercial Sales Recorded Last Week

104 Four Park Rd
104 Four Park Rd

Type: Retail
Price: $600,000 ($115 / SF)
Buyer: FOURPARK RENTALS LLC
Elifin’s Notes: Local buyer acquires a day care center in Carencro

248 N College Rd
248 N College Rd

Type: Office
Price: $425,000 ($106 / SF)
Buyer: SABBAGHIAN PROPERTIES LLC
Elifin’s Notes: An entity, led by a local doctor, purchases the Acadiana Spine and Health Institute medical office property adjacent to the UL’s track & field facility

108 W Congress St
108 W Congress St

Type: Retail
Price: $275,000 ($196 / SF)
Buyer: MSD PROPERTIES LLC
Elifin’s Notes: A pair of local investors purchase a downtown retail/office space

609 Colorado Rd

Type: Multifamily
Price: $215,000 ($26,875 / Unit)
Buyer: T&D PROPERTY CONSULTING LLC
Elifin’s Notes: A pair of Lafayette-based investors purchase two-four-plex multifamily properties within the same subdivision in Duson

912 Rue Du Belier

Type: Land
Price: $185,000 ($1.85 / Land SF)
Buyer: MAHAVAIROCANA MEDITATION ASSOCIATION
Elifin’s Notes: A local Buddhist non-profit organization buys 2.3 acres of vacant land on Rue Du Belier, between West Congress and Ridge Road


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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