The Pulse LFT: Retail property sells for 24.99mm

17 Mar The Pulse LFT: Retail property sells for 24.99mm

Posted at 09:06h in Research, The Pulse, The Pulse: Lafayette by ELIFIN® 0 Comments

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

Commercial Sales Recorded Last Week

201 Spring Farm Rd, Lafayette, LA 70508

Type: Retail
Price: $24,993,103 ($1,125.16 / SF)
Buyer: EPRT TENNESSEE PROPERTIES LLC
Elifin’s Notes: A Tennessee-based property trust purchases the Dave & Buster’s retail property near Our Lady of Lourdes.

116 Banks Ave, Lafayette, LA 70506

Type: Industrial
Price: $170,000 ($48.53 / SF)
Buyer: PICARD, GAGE DALE
Elifin’s Notes: An industrial property sells on Banks Avenue in Scott.

Commercial Permits Issued Last Week

Address	Type / Value	Description	Owner / Applicant / Contractor
1003 CAMELLIA BLVD	Demo (C) $2,000	INTERIOR DEMOLITION ONLY/ CONVERTING TWO OFFICE SPACES INTO ONE SPACE.	[O] MD4 PROPERTIES [C] SELF, MD4 PROPERTIES
303 RUE LOUIS XIV	Addition / Alteration / Repair (C) $0	Shell space build-out.	[O] N/A [C] N/A
935 CAMELLIA BLVD	Addition / Alteration / Repair (C) $0	Limited interior renovation of existing office space. All existing mep to remain.	[O] N/A [C] N/A
4510 AMBASSADOR CAFFERY PKWY	Addition / Alteration / Repair (C) $0	INTERIOR 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/A [C] N/A
1214 COOLIDGE ST	Addition / Alteration / Repair (C) $0	This 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/A [C] N/A
1211 COOLIDGE ST	Addition / Alteration / Repair (C) $0	This 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/A [C] N/A
810 S BUCHANAN ST	Addition / Alteration / Repair (C) $0	Streetscape and parking lot improvements for renovated school building.	[O] N/A [C] N/A
130 PARK LN	Addition / Alteration / Repair (C) $0	The 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 lighting	[O] N/A [C] N/A
5530 AMBASSADOR CAFFERY PKWY	Commercial New Construction $0	Reserve 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/A [C] N/A
6004 JOHNSTON ST	Commercial New Construction $0	New construction, building and site work Sprinkled building Portion of building to be restaurant and portion to be cold dark shell future tenant space	[O] N/A [C] N/A
706 PICARD RD #18	Electrical Standalone (C) $0	ELEC SUBPANEL REPLACEMENT	[O] N/A [C] S.D. SCHWING ELECTRIC, INC.
440 HEIDE CIR #69	Electrical Standalone (C) $0	Changing out the burnt meter base.	[O] N/A [C] N/A
300 SPRUCE DR	Electrical Standalone (C) $0	Replace main breaker for Unit 258 in multipck.	[O] N/A [C] N/A
101 N BUD ST #A	Electrical Standalone (C) $0	COX FIBER CABINET	[O] COX [C] K & E AC and Electric LLC, ELRIDGE MARKS
100 MARIGNY CIR	Electrical Standalone (C) $0	Electrical upgrades.	[O] N/A [C] N/A
3201 KALISTE SALOOM RD #133	Electrical Standalone (C) $0	Lot #133 Panel changeout	[O] N/A [C] N/A
3201 KALISTE SALOOM RD #119	Electrical Standalone (C) $0	Lot#119 Panel changeout	[O] N/A [C] N/A
2200 JOHNSTON ST	Electrical Standalone (C) $0	Installation of new standby generator at an existing wireless facility existing slab to an existing AT&T MOBILITY	[O] N/A [C] N/A
116 ARNOULD BLVD	Electrical Standalone (C) $0	Office space for apparel company, will not be used for retail sales.	[O] N/A [C] N/A
406 SCOTSDALE ST	Electrical Standalone (C) $0	4 pack meter base change out	[O] N/A [C] N/A
2001 NW EVANGELINE THWY	Plumbing Standalone (C) $0	Install new water line SUITE 400	[O] N/A [C] APEX PLUMBING AND REPAIRS, QUIN M DEROUEN
600 GUILBEAU RD	Plumbing Standalone (C) $0	Replaced backflow	[O] N/A [C] COLVILLE PLUMBING & HEATING INC, DOUGLAS STUTES
100 ROW 4	Plumbing Standalone (C) $0	Property owner had install separate water meters for tri plex. Connecting water line to meter and installing customer shut off valve.	[O] N/A [C] COLVILLE PLUMBING & HEATING INC, DOUGLAS STUTES
100 ROW 4	Plumbing Standalone (C) $0	Property owner had install separate water meters for tri plex. Connecting water line to meter and installing customer shut off valve.	[O] N/A [C] COLVILLE PLUMBING & HEATING INC, DOUGLAS STUTES
324 SETTLERS TRACE BLVD	Plumbing Standalone (C) $0	Backflow	[O] N/A [C] COLVILLE PLUMBING & HEATING INC, DOUGLAS STUTES
265 RIDGE RD	Plumbing Standalone (C) $0	Fireline for apts. Ridge Road-Fireline	[O] N/A [C] CONSTRUCTION SITE SPECIALTIES, JEREMY BREAUX
4212 W CONGRESS ST	Plumbing Standalone (C) $0	Irrigation Caffery – Irrigation	[O] N/A [C] CONSTRUCTION SITE SPECIALTIES, JEREMY BREAUX
4212 W CONGRESS ST	Plumbing Standalone (C) $0	Fireline Caffery – Fireline	[O] N/A [C] CONSTRUCTION SITE SPECIALTIES, JEREMY BREAUX
265 RIDGE RD	Plumbing Standalone (C) $0	Irrigation Road- -Irrigation	[O] N/A [C] CONSTRUCTION SITE SPECIALTIES, JEREMY BREAUX
2320 KALISTE SALOOM RD	Plumbing Standalone (C) $0	1 Domestic Backflow 1 Irrigation Backflow 2 Fire Backflows	[O] N/A [C] COLVILLE PLUMBING & HEATING INC, DOUGLAS STUTES
3524 KALISTE SALOOM RD	Plumbing Standalone (C) $0	Backflow install	[O] N/A [C] COLVILLE PLUMBING & HEATING INC, DOUGLAS STUTES
1421 RIDGE RD #A	Sign – Freestanding Electrical (C) $0	N/A	[O] N/A [C] Landscape Workshop, LLC, BEE JONES
1421 RIDGE LA	Sign – Freestanding Electrical (C) $0	N/A	[O] N/A [C] Landscape Workshop, LLC
3105 LOUISIANA AVE	Sign – Wall Sign (C) $0	N/A	[O] N/A [C] N/A
1935 W PINHOOK RD	Sign – Wall Sign (C) $0	N/A	[O] N/A [C] N/A
1927 W UNIVERSITY AVE	Sign – Wall Sign (C) $0	N/A	[O] N/A [C] N/A
1927 W UNIVERSITY AVE	Sign – Wall Sign (C) $0	N/A	[O] N/A [C] N/A

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.

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