08 Mar The Pulse LFT: Scott Oaks Plaza sold for 4.35mm
A weekly update on the commercial real estate landscape of Lafayette.
Commercial Sales Recorded Last Week

5501 Cameron St, Scott, LA 70583
Type: Retail
Price: $4,350,000 ($61.79 / SF)
Buyer: PGP SCOTT OAKS LLC
Elifin’s Notes: A Tennessee-based company acquires Scott Oaks Plaza, a grocery-anchored shopping center.

4319 Verot School Rd, Youngsville, LA 70592
Type: Retail
Price: $3,425,000 (- / SF)
Buyer: 4319 VEROT LLC
Elifin’s Notes: A newly constructed convenience store/gas station (picture unavailable) sells at the corner of Verot School and Savoy Roads.

1402, 1404, 1412, 1416, 1420, 1424, 1426 General Mouton Ave, Lafayette, LA 70501
Type: Multifamily
Price: $1,120,000 ($160,000 / Unit)
Buyer: CASTLE ROW, LLC
Elifin’s Notes: A set of 7 single family homes changes hands on General Mouton Avenue.

5000 Ambassador Caffery Pkwy (Unit 11), Lafayette, LA 70508
Type: Office
Price: $995,500 ($192.00 / SF)
Buyer: SHAKE BACK INVESTMENTS LLC
Elifin’s Notes: An office property changes ownership within the Province Office Park off of Ambassador Caffery Parkway.

108 Kol Dr, Broussard, LA 70518
Type: Office
Price: $515,000 ($49.80 / SF)
Buyer: J INVESTMENT PROPERTIES LLC
Elifin’s Notes: This property features 23 offices and classroom spaces, large reception area, and a fenced in parking lot.

901 W Broussard Rd, Lafayette, LA 70506
Type: Industrial
Price: $282,000 ($78.62 / SF)
Buyer: C & T GASS INVESTING LLC
Elifin’s Notes: An industrial property, recently occupied by a roofing contractor, sells on West Broussard Road.

3730 W Pinhook Rd, Lafayette, LA 70508
Type: Retail
Price: $250,000 ($153.19 / SF)
Buyer: EVANGELINE VETERINARY PARTNERS LLC
Elifin’s Notes: A veterinary clinic property changes hands on West Pinhook Road.
Commercial Permits Issued Last Week
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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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