The Pulse LFT: "The Point" property at the corner of Simcoe and Surrey sells

29 Apr The Pulse LFT: “The Point” property at the corner of Simcoe and Surrey sells

Posted at 09:52h 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

101 Oil Patch Road, Broussard, LA 70518

Type: Industrial
Price: $1,520,000 ($126.67 / SF)
Buyer: BAYCO HOLDINGS LLC
Elifin’s Notes: An under construction industrial building, which will have 2,746 sq ft of office space and 9,254 sq ft of warehouse space, sells within the Garber Industrial Park in Broussard

900 East Simcoe Street, Lafayette, LA 70501

Type: Retail
Price: $1,450,000 ($62.84 / SF)
Buyer: CHUPEK FAMILY HOLDINGS LLC
Elifin’s Notes: Alabama-based Chupek Family Investments purchases the property situated at the corner of Simcoe & Surrey, commonly known as “the point”

4714 Cameron St, Lafayette, LA 70506

Type: Industrial
Price: $695,000 ($38.61 / SF)
Buyer: JONES ENVIRONMENTAL INC
Elifin’s Notes: Jones Environmental purchases an industrial property on Cameron Street

300BLK Target Loop, Lafayette, LA 70506

Type: Land
Price: $610,130 ($2.27 / Land SF)
Buyer: CREEKVIEW DEVELOPMENT LLC
Elifin’s Notes: Local developers purchase 6.1+ acres of vacant land along the Target Loop behind the PetSmart

326 Mineral Rd, Broussard, LA 70518

Type: Office
Price: $295,000 ($92.19 / SF)
Buyer: WHITE TIGER HOLDINGS LLC
Elifin’s Notes: Local investors purchase an office property within the Voorhies Industrial Park in Broussard

109 Limoges Street, Duson, LA 70529

Type: Multifamily
Price: $260,000 ($32,500 / Unit)
Buyer: MEUDON LIMOGES LLC
Elifin’s Notes: Texas-based entity picks up two quadraplexes, 8-units, in Duson

801 Avenue A, Scott, LA 70583

Type: Land
Price: $215,000 ($1.87 / Land SF)
Buyer: GAUTHREAUX, BRADY JAMES; GAUTHREAUX, EMILEE
Elifin’s Notes: A pair of Lafayette investors purchase a 2.6+ acre vacant parcel of land in Scott

165B Industrial Parkway, Lafayette, LA 70508

Type: Industrial
Price: $157,000 ($52.33 / SF)
Buyer: TOUCAN GAMING LLC
Elifin’s Notes: Toucan Gaming purchases the warehouse on the parcel next to the property they purchased earlier this year

Commercial Permits Issued Last Week

Address	Type / Value	Description	Owner / Applicant / Contractor
515 CATHEDRAL ST	Demo (C) $99,580	N/A	[O] Cathedral of St. John the Evangelist [C] J.B. MOUTON, L.L.C., Billeaud, Robert Paul
4406 JOHNSTON ST	Sign – Wall Sign (C) $6,125	N/A	[O] N/A [C] Deep South Signs LLC, Morgan Bruce Descant
203 W BRENTWOOD BLVD	Addition / Alteration / Repair (C) $0	Renovate interior office space only – build wall to create new office, conference room and a reception area SUITE 3	[O] N/A [C] KEITH WAYNE KISHBAUGH, Kishbaugh, Keith Wayne
1927 W UNIVERSITY AVE	Addition / Alteration / Repair (C) $0	converting office/storage space into walk in cooler	[O] N/A [C] N/A
302 TOWN CENTER PKWY	Addition / Alteration / Repair (C) $0	Remodel of current Church	[O] N/A [C] N/A
1314 WALKER RD	Addition / Alteration / Repair (C) $0	IN GENERAL, ALL WORK IS – INTERIOR RENOVATION OF THE TRAINING ROOM AREA OF AN EXISTING CAMPUS. THIS SPACE WAS PREVIOUSLY THE TRAINING ROOM AND WILL CONTINUE TO BE THE SAME PROGRAM WITH MODIFICATIONS TO EXISTING LAYOUT. THESE INCLUDE A TRAINING ROOM BREAK AREA AND A PARTITIONED OFF TECH AREA.	[O] N/A [C] N/A
2512 KALISTE SALOOM RD	Addition / Alteration / Repair (C) $0	Interior TI and Patio addition for new restaurant in existing shell (Ground Pati)	[O] N/A [C] N/A
1455 W WILLOW ST	Addition / Alteration / Repair (C) $0	Renovation to existing credit union and addition of an office building. This permit for Ph 2 – Main Office Renovation (Fees and Approvals on 2023-165)	[O] N/A [C] C.M. MICIOTTO & SON, INC.
1455 W WILLOW ST	Addition / Alteration / Repair (C) $0	Renovation to existing credit union and addition of an office building. This permit for Ph 2 – Main Office Renovation (Fees and Approvals on 2023-165)	[O] N/A [C] BUTCHER AIR CONDITIONING CO, ROBERT L BUTCHER
1455 W WILLOW ST	Addition / Alteration / Repair (C) $0	Renovation to existing credit union and addition of an office building. This permit for Ph 2 – Main Office Renovation (Fees and Approvals on 2023-165)	[O] N/A [C] BENNY PREJEAN SERVICE CO INC, BENNETT PREJEAN
1455 W WILLOW ST	Addition / Alteration / Repair (C) $0	Renovation to existing credit union and addition of an office building. This permit for Ph 2 – Main Office Renovation (Fees and Approvals on 2023-165)	[O] N/A [C] JUDICE SERVICES INC, GRANT GONDRON
101 VENTURE WAY	Addition / Alteration / Repair (C) $0	We plan on saw cutting a 12’x12′ hole into a block wall to install a garage style roll up door. We are planning on pouring a concrete slab that will connect the building to the original parking lot. We will be building a chain link fence around this new slab and door.	[O] N/A [C] N/A
W Willow Street	Commercial New Construction $0	New Construction of commerical hotel **Closed as per Krishna**	[O] Shari Hari of Scott, LLC, Nayan Patel [C] N/A
1128 E MILTON AVE	Commercial New Construction $0	The WTP consists of installation of 3 water wells, service pumps, 2 – 500k gallon bolted galvanized steel ground storage tanks, 6 – pressure filter tanks, CL2 chemical systems, yard piping, minor sitework, structural fill, grading, drainage systems and limestone paving. The Chemical Building is a combination of CMU and Pre-engineered Metal Building Construction. The Filter and the Service Pump Station Buildings are Pre-engineered Metal Building Construction.	[O] N/A [C] N/A
138 JOMELA DR	Commercial New Construction $0	TWO (2) 6,995 SF GROUP HOME FACILITIES WITH 16 BEDROOMS EACH FOR ELDERLY RESIDENTS AND A MAXIMUM STAFF OF 4 STAFF PER HOME. STAFF WILL BE PRESENT 24 HOURS PER DAY BUT WILL NOT SLEEP ON PREMISES.	[O] N/A [C] N/A
111 GALBERT RD	Commercial New Construction $0	Moving mobile trailer for office use onto property	[O] N/A [C] N/A
616 S BUCHANAN ST	Electrical Standalone (C) $0	24 POLES FOR FESTIVAL INTERNATIONALE SEE ATTACHMENT OF LOCATIONS OF POLES	[O] FESTIVAL INTERNATIONALE [C] N/A
2129 N UNIVERSITY AVE	Electrical Standalone (C) $0	Repairing the burnt service.	[O] N/A [C] N/A
120 TOLEDO DR	Electrical Standalone (C) $0	OFF MORE THAN 6MTHS	[O] N/A [C] N/A
620 DULA ST #A	Electrical Standalone (C) $0	TREE FELL ON SERVICE	[O] N/A [C] RICHOUX ELECTRIC INC, RANDY RICHOUX
403 EDISON ST	Electrical Standalone (C) $0	REPLACE POLE	[O] N/A [C] N/A
3225 LOUISIANA AVE	Electrical Standalone (C) $0	RTU-12 Disconnect, install 100a breaker, run wire, reconnection new unit same location; RTU-14 Disconnect, install 80a breaker, run wire, reconnect new unit same location.	[O] N/A [C] N/A
129 JACE ST	Plumbing Standalone (C) $0	Water service to sewer pump station and treatment plant site.	[O] N/A [C] C G LOGAN CONSTRUCTION, KENT RICHE
100 WINCHESTER DR	Plumbing Standalone (C) $0	New install for building 1&2	[O] N/A [C] DARREN AUCOIN’S PLUMBING, DARREN AUCOIN
100 WINCHESTER DR	Plumbing Standalone (C) $0	New backflow install, apartment #3	[O] N/A [C] DARREN AUCOIN’S PLUMBING, DARREN AUCOIN
100 WINCHESTER DR	Plumbing Standalone (C) $0	New backflow install for building #4	[O] N/A [C] DARREN AUCOIN’S PLUMBING, DARREN AUCOIN
100 WINCHESTER DR	Plumbing Standalone (C) $0	New backflow install for building #5	[O] N/A [C] DARREN AUCOIN’S PLUMBING, DARREN AUCOIN
100 WINCHESTER DR	Plumbing Standalone (C) $0	New backflow install for building #7	[O] N/A [C] DARREN AUCOIN’S PLUMBING, DARREN AUCOIN
100 WINCHESTER DR	Plumbing Standalone (C) $0	New backflow install building #8	[O] N/A [C] DARREN AUCOIN’S PLUMBING, DARREN AUCOIN
4511 AMBASSADOR CAFFERY PKWY	Plumbing Standalone (C) $0	Replacing fire line bypass backflow preventer at restaurant. MR WELCH IS SENDING JUSTIN TO PAY. OK FOR JUSTIN TO PAY CASH Kg	[O] N/A [C] LOUISIANA FIRE EXTINGUISHER INC AND C & I SUPPLY, THOMAS WELCH
901 BERTRAND DR	Sign – Freestanding (C) $0	N/A	[O] N/A [C] N/A
415 ROBLEY DR	Sign – Freestanding (C) $0	N/A	[O] N/A [C] N/A
709 KALISTE SALOOM RD	Sign – Wall Sign (C) $0	N/A	[O] N/A [C] N/A
103 CLARA ST	Sign – Wall Sign (C) $0	N/A	[O] N/A [C] N/A
2429 W CONGRESS ST	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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