Rachel’s Cafe owner purchases their Republic Ave location
The August 5, 2024 issue covers three commercial sales recorded across Lafayette the previous week, totaling $1.25M in disclosed volume. The headline deal: FORKED ISLAND INVESTMENTS LLC paid $850K ($121.26/SF) for an office property on Chapel Drive near Ambassador Caffery Parkway. Each of the three sales was a different property type: the owner of Rachel's Cafe bought its Republic Avenue location for $250K, and an industrial warehouse near Industrial Parkway sold for $145K.
Commercial Sales Recorded Last Week 3 sales
105 Chapel Dr
$850,000 $121.26 / SF
An office property sells near Ambassador Caffery Parkway on Chapel Drive.
BuyerFORKED ISLAND INVESTMENTS LLC
104 Republic Ave (Units 3, 4)
$250,000 $92.59 / SF
The owner of Rachel's Cafe purchases their Republic Avenue location.
BuyerRACHAELS HOLDINGS LLC
402 Mecca St
$145,000 $60.42 / SF
An industrial warehouse sells near Industrial Parkway.
BuyerTRL PROPERTIES LLC
Commercial Permits Issued Last Week 22 permits
| Address | Type | Value | Description | Owner / Applicant / Contractor |
|---|---|---|---|---|
| 5750 JOHNSTON ST | Addition / Alteration / Repair (C) | $0 | Tenant Finishout | O N/AC N/A |
| 3803 Moss St., Suite 431-B | Addition / Alteration / Repair (C) | $0 | Commercial interior tenant upfit for an H&R Block office in an existing space. | O N/AC N/A |
| 219 E VERMILION ST | Addition / Alteration / Repair (C) | $0 | Interior renovation and tenant improvements to an existing historic 1075 square foot wood framed building, new patio deck and paving | O N/AC N/A |
| 103 Acadiana Mall Circle Suite A | Addition / Alteration / Repair (C) | $0 | Paint space, install tempered glass inserts in existing doors, reverse door for proper emergency exit pathway, leave ceiling open. HVAC will include replacing existing RTU with a new unit and install ductwork for the open ceiling. Electrical work will include separating power for Suite A utilizing existing trough and installing a meter base | O Hit 2012 Investments, LLC, Ray HarrigillC Sunray Maintenance and Construction, LLC, Ray Fulton Harrigill |
| 600 Blk Settlers Trace Blvd | Commercial New Construction | $0 | This review is for the shell only build out for Uniq Nail Lounge (Building A) and Uniq Studios (Building B). The interior buildouts will be submitted at later date. Contractor would like to begin the shell build out for these two business suites. | O N/AC N/A |
| 3028 I-49 frontage road | Commercial New Construction | $0 | A NEW CANOPY TO WASH BUSES UNDER | O LPSS, ROBERT GAUTREAUXC N/A |
| 301 BIRCH DR | Electrical Standalone (C) | $0 | underground meter repair | O STONEGATE APTSC KINGDOM ELECTRIC LL, SEAN ANTHONY DORE |
| 610 PILLETTE RD | Electrical Standalone (C) | $0 | Replacing main breaker | O N/AC N/A |
| 4416 JOHNSTON ST | Electrical Standalone (C) | $0 | OFF MORE THAN 6MTHS | O N/AC N/A |
| 220 W WILLOW ST | Mechanical Standalone (C) | $0 | STORAGE | O N/AC BUTCHER AIR CONDITIONING CO, ROBERT L BUTCHER |
| 924 KALISTE SALOOM RD | Plumbing Standalone (C) | $0 | BACKFLOW | O N/AC AM PM PLUMBING INC, KEITH MENARD |
| 105 FRANCIS AVE | Plumbing Standalone (C) | $0 | BACKFLOW | O N/AC BRANT'S PLUMBING, BRANT GOULAS |
| 100 W BLUEBIRD DR | Reroof (C) | $0 | Tear off and dispose of existing roof at two gyms and a portion of the cafeteria. Replace roof. | O N/AC Coleman Roofing & Construction Gonzales, LLC, Jordan Staples |
| 100 TOWN CENTER PKWY | Sign – Freestanding (C) | $0 | N/A | O N/AC N/A |
| 1813 BERTRAND DR | Sign – Freestanding (C) | $0 | N/A | O N/AC N/A |
| 1419 S HUGH WALLIS RD | Sign – Wall Sign (C) | $0 | N/A | O N/AC N/A |
| 1417 S HUGH WALLIS RD | Sign – Wall Sign (C) | $0 | N/A | O N/AC N/A |
| 1031 CAMELLIA BLVD | Sign – Wall Sign (C) | $0 | N/A | O N/AC N/A |
| 1031 CAMELLIA BLVD | Sign – Wall Sign (C) | $0 | N/A | O N/AC N/A |
| 1455 W WILLOW ST | Sign – Wall Sign (C) | $0 | N/A | O N/AC N/A |
| 4419 AMBASSADOR CAFFERY PKWY | Sign – Wall Sign (C) | $0 | N/A | O N/AC N/A |
| 504 N UNIVERSITY AVE | Sign – Wall Sign (C) | $0 | N/A | O N/AC N/A |