Retail property sells for 24.99mm

The March 17, 2025 issue covers two commercial sales recorded across Lafayette the previous week, totaling $25.2M in disclosed volume. The headline deal: EPRT TENNESSEE PROPERTIES LLC, a Tennessee-based property trust, paid $25M ($1,125.16/SF) for the Dave & Buster's retail property on Spring Farm Road near Our Lady of Lourdes. The week's only other sale was an industrial property on Banks Avenue that sold for $170K.

By ELIFIN® Source: ELIFIN transaction database

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2Commercial sales recorded
$25.2MDisclosed volume (2 of 2 sales)
$25MLargest sale · 201 Spring Farm Rd
1Retail, the leading property type

Commercial Sales Recorded Last Week 2 sales

201 Spring Farm Rd, Lafayette, LA 70508

201 Spring Farm Rd

  • Retail
  • Lafayette

$24,993,103 $1,125.16 / SF

A Tennessee-based property trust purchases the Dave & Buster's retail property near Our Lady of Lourdes.

BuyerEPRT TENNESSEE PROPERTIES LLC

116 Banks Ave, Lafayette, LA 70506

116 Banks Ave

  • Industrial
  • Lafayette

$170,000 $48.53 / SF

An industrial property sells on Banks Avenue in Scott.

BuyerPICARD, GAGE DALE

Commercial Permits Issued Last Week 37 permits

AddressTypeValueDescriptionOwner / Applicant / Contractor
1003 CAMELLIA BLVDDemo (C)$2,000INTERIOR DEMOLITION ONLY/ CONVERTING TWO OFFICE SPACES INTO ONE SPACE.O MD4 PROPERTIESC SELF, MD4 PROPERTIES
303 RUE LOUIS XIVAddition / Alteration / Repair (C)$0Shell space build-out.O N/AC N/A
935 CAMELLIA BLVDAddition / Alteration / Repair (C)$0Limited interior renovation of existing office space. All existing mep to remain.O N/AC N/A
4510 AMBASSADOR CAFFERY PKWYAddition / Alteration / Repair (C)$0INTERIOR TENANT BUILDOUT OF AN EXISTING SPACE. CONSTRUCT NEW SALES AREA, STOCK ROOM, FITTING ROOM, CORRIDOR. NEW INTERIOR FLOORING, FINISHES, & FIXTURES. NEW LIGHTING & POWER PER PLAN, UTILIZING EXISTING PANEL/METER. LIGHT MECHANICAL WORK, UTILIZING EXISTING HVAC UNITS. NO EXTERIOR STOREFRONT WORK.O N/AC N/A
1214 COOLIDGE STAddition / Alteration / Repair (C)$0This renovation provides a new large staff break room with adjacent restrooms, additional offices for maintenance, EVS and plant operations staff as well as a new linen area to handle the increase in laundry needs. There is also a new conference. All of this work is considered renovation.O N/AC N/A
1211 COOLIDGE STAddition / Alteration / Repair (C)$0This renovation will relocate the scope cleaning services to incorporate a larger footprint, providing new decontamination and clean work rooms for scope cleaning and storage.O N/AC N/A
810 S BUCHANAN STAddition / Alteration / Repair (C)$0Streetscape and parking lot improvements for renovated school building.O N/AC N/A
130 PARK LNAddition / Alteration / Repair (C)$0The work of this project is defined by the contract documents and includes the demolition, renovations, alternation and improvements to Picard Park and consist of the following: Concrete slabs, walkways, and courts, Reinforced CMU construction, Exterior doors, frames, and hardware, Cold formed framing, Composite decking wall systems, Fences and sitework, Plumbing and drainage, Electrical and lightingO N/AC N/A
5530 AMBASSADOR CAFFERY PKWYCommercial New Construction$0Reserve Cottages is a townhome development with 100 total individual lots. Phase 1 of the project will include (2) 1-bedroom buildings and (5) 2-Bedrrom buildings (two-story) on Lots 1-30. Phase 2 will include Lots 31-69 and Phase 3 will include Lots 70-100.O N/AC N/A
6004 JOHNSTON STCommercial New Construction$0New construction, building and site work Sprinkled building Portion of building to be restaurant and portion to be cold dark shell future tenant spaceO N/AC N/A
706 PICARD RD #18Electrical Standalone (C)$0ELEC SUBPANEL REPLACEMENTO N/AC S.D. SCHWING ELECTRIC, INC.
440 HEIDE CIR #69Electrical Standalone (C)$0Changing out the burnt meter base.O N/AC N/A
300 SPRUCE DRElectrical Standalone (C)$0Replace main breaker for Unit 258 in multipck.O N/AC N/A
101 N BUD ST #AElectrical Standalone (C)$0COX FIBER CABINETO COXC K & E AC and Electric LLC, ELRIDGE MARKS
100 MARIGNY CIRElectrical Standalone (C)$0Electrical upgrades.O N/AC N/A
3201 KALISTE SALOOM RD #133Electrical Standalone (C)$0Lot #133 Panel changeoutO N/AC N/A
3201 KALISTE SALOOM RD #119Electrical Standalone (C)$0Lot#119 Panel changeoutO N/AC N/A
2200 JOHNSTON STElectrical Standalone (C)$0Installation of new standby generator at an existing wireless facility existing slab to an existing AT&T MOBILITYO N/AC N/A
116 ARNOULD BLVDElectrical Standalone (C)$0Office space for apparel company, will not be used for retail sales.O N/AC N/A
406 SCOTSDALE STElectrical Standalone (C)$04 pack meter base change outO N/AC N/A
2001 NW EVANGELINE THWYPlumbing Standalone (C)$0Install new water line SUITE 400O N/AC APEX PLUMBING AND REPAIRS, QUIN M DEROUEN
600 GUILBEAU RDPlumbing Standalone (C)$0Replaced backflowO N/AC COLVILLE PLUMBING & HEATING INC, DOUGLAS STUTES
100 ROW 4Plumbing Standalone (C)$0Property owner had install separate water meters for tri plex. Connecting water line to meter and installing customer shut off valve.O N/AC COLVILLE PLUMBING & HEATING INC, DOUGLAS STUTES
100 ROW 4Plumbing Standalone (C)$0Property owner had install separate water meters for tri plex. Connecting water line to meter and installing customer shut off valve.O N/AC COLVILLE PLUMBING & HEATING INC, DOUGLAS STUTES
324 SETTLERS TRACE BLVDPlumbing Standalone (C)$0BackflowO N/AC COLVILLE PLUMBING & HEATING INC, DOUGLAS STUTES
265 RIDGE RDPlumbing Standalone (C)$0Fireline for apts. Ridge Road-FirelineO N/AC CONSTRUCTION SITE SPECIALTIES, JEREMY BREAUX
4212 W CONGRESS STPlumbing Standalone (C)$0Irrigation Caffery – IrrigationO N/AC CONSTRUCTION SITE SPECIALTIES, JEREMY BREAUX
4212 W CONGRESS STPlumbing Standalone (C)$0Fireline Caffery – FirelineO N/AC CONSTRUCTION SITE SPECIALTIES, JEREMY BREAUX
265 RIDGE RDPlumbing Standalone (C)$0Irrigation Road- -IrrigationO N/AC CONSTRUCTION SITE SPECIALTIES, JEREMY BREAUX
2320 KALISTE SALOOM RDPlumbing Standalone (C)$01 Domestic Backflow 1 Irrigation Backflow 2 Fire BackflowsO N/AC COLVILLE PLUMBING & HEATING INC, DOUGLAS STUTES
3524 KALISTE SALOOM RDPlumbing Standalone (C)$0Backflow installO N/AC COLVILLE PLUMBING & HEATING INC, DOUGLAS STUTES
1421 RIDGE RD #ASign – Freestanding Electrical (C)$0N/AO N/AC Landscape Workshop, LLC, BEE JONES
1421 RIDGE LASign – Freestanding Electrical (C)$0N/AO N/AC Landscape Workshop, LLC
3105 LOUISIANA AVESign – Wall Sign (C)$0N/AO N/AC N/A
1935 W PINHOOK RDSign – Wall Sign (C)$0N/AO N/AC N/A
1927 W UNIVERSITY AVESign – Wall Sign (C)$0N/AO N/AC N/A
1927 W UNIVERSITY AVESign – Wall Sign (C)$0N/AO N/AC N/A
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