The Pulse LFT: Ruth’s Chris property sells to local investors

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

Commercial Sales Recorded Last Week

130 N Ambassador Caffery Pkwy, Scott, LA 70583
130 N Ambassador Caffery Pkwy, Scott, LA 70583

Type: Industrial
Price: $2,441,600 ($49.83 / SF)
Buyer: JE SCOTT PROPERTIES LLC
Elifin’s Notes: The property at the northbound exit of I-10 onto Ambassador Caffery Parkway has been split into condominium parcels. This purchase is of one side of the industrial building pictured above.

110 Hector Connoly Rd, Carencro, LA 70520
110 Hector Connoly Rd, Carencro, LA 70520

Type: Retail
Price: $1,515,000 ($505.00 / SF)
Buyer: AAKASH MANAGEMENT COMPANY LLC
Elifin’s Notes: A QSR drive-thru retail property sells on Hector Connoly Road in Carencro.

1100 BLK Renaud Dr, Scott, LA 70583
1100 BLK Renaud Dr, Scott, LA 70583

Type: Land
Price: $1,095,100 ($1.09 / Land SF)
Buyer: LICHTGITTER USA INC
Elifin’s Notes: Lichtgitter USA Inc acquires a 23+ acre parcel of land next to their current facility in Scott.

1905 Kaliste Saloom Rd (Unit 102), Lafayette, LA 70508
1905 Kaliste Saloom Rd (Unit 102), Lafayette, LA 70508

Type: Retail
Price: $845,250 ($347.41 / SF)
Buyer: WWM LLC
Elifin’s Notes: A retail unit changes ownership within Parc Lafayette.

5711 Johnston St, Lafayette, LA 70503
5711 Johnston St, Lafayette, LA 70503

Type: Retail
Price: $825,000 ($230.90 / SF)
Buyer: BS Dutch Lafayette I LP
Elifin’s Notes: A Texas-based company acquires a bank-type retail property near the Acadiana Mall.

800 E Farrel Rd, Lafayette, LA 70508
800 E Farrel Rd, Lafayette, LA 70508

Type: Retail
Price: $795,000 ($113.67 / SF)
Buyer: EAST FARRELL DEVELOPMNET LLC
Elifin’s Notes: East Farrell Development LLC acquires the Lafayette Louisiana YMCA property on East Farrel Road.

Lots 6, 7 NW Evangeline Thrwy, Carencro, LA 70520
Lots 6, 7 NW Evangeline Thrwy, Carencro, LA 70520

Type: Land
Price: $277,800 ($0.32 / Land SF)
Buyer: BSE CWLP LLC
Elifin’s Notes: A Texas-based company acquires a 19+ acre parcel of land in Carencro.

152, 200 Easy St, Lafayette, LA 70506
152, 200 Easy St, Lafayette, LA 70506

Type: Industrial
Price: $145,000 ($7.12 / SF)
Buyer: MS VENTURES, LLC
Elifin’s Notes: A pair of industrial buildings sell near Eraste Landry Road.

620 W Pinhook Rd, Lafayette, LA 70503
620 W Pinhook Rd, Lafayette, LA 70503

Type: Retail
Price: Withheld
Buyer: OLC PINHOOK HOLDINGS LLC
Elifin’s Notes: The Ruth’s Chris Steakhouse property sells to local investors.

118 Carmelite Cir; 300 Brahman Dr, Youngsville, LA 70592
118 Carmelite Cir; 300 Brahman Dr, Youngsville, LA 70592

Type: Land
Price: Withheld
Buyer: TRAN, TIM NGUOC
Elifin’s Notes: A 4.6+ acre parcel of land sells within the Landry Industrial Park.


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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