The Pulse LFT: The Shops at Martial retail center sells

26 Jun The Pulse LFT: The Shops at Martial retail center sells

Posted at 08:51h 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

2207 Kaliste Saloom Rd

Type: Retail
Price: $7,400,000 ($257.84 / SF)
Buyer: RBG NAVARRE HOLDINGS LLC
Elifin’s Notes: Lake Charles-based entity, led by auto dealership owner, purchases The Shops at Martial retail center at the corner of East Martial Avenue and Kaliste Saloom Road

2810 Chemin Metairie Pkwy

Type: Retail
Price: $1,150,000 ($287.50 / SF)
Buyer: RUBEN PROPERTIES LLC
Elifin’s Notes: Restaurant owner purchases the Cajun Market Meats retail property in Youngsville

300 Rue Beauregard Suite F

Type: Office
Price: $785,000 ($218.06 / SF)
Buyer: KIZZY DIXON LLC
Elifin’s Notes: Baldwin, Louisiana investors purchase an office condominium property off of Rue Beauregard

103 Antoinette St

Type: Multifamily
Price: $552,000 ($69,000 / Unit)
Buyer: POTPOURRI VILLAGE INC
Elifin’s Notes: Local investors purchase an 8-plex multifamily property in the Woodvale area

204 Jared Dr

Type: Industrial
Price: $404,000 ($101.00 / SF)
Buyer: CONTROLLED FLUIDS INC
Elifin’s Notes: Beaumont-based entity purchases an industrial property in Broussard

132 Mildred St

Type: Mixed-Use
Price: Withheld
Buyer: BRENNAN BILLEAUD PROPERTIES LLC
Elifin’s Notes: Local investor purchases a mixed use property encompassing a parking lot area and a single family residence near UL’s campus

Commercial Permits Issued Last Week

Address	Type / Value	Description	Owner / Applicant / Contractor
3038 W PINHOOK RD	Sign – Wall Sign (C) $500.00	N/A	[O] N/A [C] N/A
2405 CAMERON ST	Addition / Alteration / Repair (C) $0.00	The Base Bid renovates approximately 7,848 square feet of an existing food market, while adding an additional 7,192 square feet of pre-engineered metal building with a lower 816 square foot airlock entry of Spanish roof tile on wood framing, with metal stud wall framing and a brick cavity wall. Said building addition shall house a new money transfer office with an office mezzanine, an ice cream shoppe, a food court with a cafeteria style serving line, a new kitchen & bakery combination, and a stockroom to serve both the addition and the existing food market. Food market and kitchen and bakery equipment includes new and relocated equipment, plus a new walk-in cooler & freezer and beverage cooler extension, all under separate contract by the Owner for installation to be coordinated with the General Contractor. Similarly, tables, booths, and chairs are not a part of the bid. The base bid also includes replacing roof sheeting of the existing building with a new standing seam metal roof, after removing obsolete rooftop ventilation equipment. It also includes replacing the existing electrical service to the building per Lafayette Utilities System, with a pad-mounted transformer(s) replacing the pole-mounted transformer(s). The existing parking lot and driveway are to be systematically demolished and replaced with new parking, site drainage, and a new driveway location farther West of the existing one. An existing metal storage building is to be removed by the Owner prior to groundwork for the foundation addition; however, 2 existing HVAC package units at the existing building face temporarily remain until preparing subgrade to pour the final portion of slab where they are located.	[O] N/A [C] N/A
2701 JOHNSTON ST	Addition / Alteration / Repair (C) $0.00	Tenant renovation in existing office building	[O] N/A [C] N/A
1212 E PONT DES MOUTON RD	Addition / Alteration / Repair (C) $0.00	Interior Demolition and Renovation of existing restrooms	[O] N/A [C] N/A
4016 MOSS ST	Addition / Alteration / Repair (C) $0.00	Back in August 2022 I built a work pit to do maintenance work on my trucks after being told that I did not need a permit as long no structure or wall was being built. I was told to just make sure to call to have flags places so that no wires or pipes underground were broken. I did and built the pit. Now after almost a year I am being told I do need a permit. I have already attended a hearing about this issue and I am following directions as to what I was told to do. It is an in ground work pit with no electricity, no plumbing, no above ground walls.	[O] N/A [C] N/A
301 E BLUEBIRD DR	Commercial New Construction $0.00	A new free standing single-story ambulatory surgery center, including 6 OR’s, 2 procedure rooms and 26 pre/post op bays and 4 stage 2 recovery bays.	[O] N/A [C] N/A
107 WESTBEND RDG	Commercial New Construction $0.00	70-unit townhomes with associated drives and parking	[O] N/A [C] N/A
1144 COOLIDGE ST #A	Electrical Standalone (C) $0.00	Repairs and Show to Lease Suite A	[O] N/A [C] N/A
505 BERTRAND DR #2	Electrical Standalone (C) $0.00	Electrical Service repair for pylon sign	[O] N/A [C] N/A
5449 JOHNSTON ST	Electrical Standalone (C) $0.00	This project is an Ice Cream shop in a existing shopping center space. This is a white box space. We are adding 6 circuits for equipment only. There are no building permits required?	[O] N/A [C] N/A
258 BENDEL RD	Electrical Standalone (C) $0.00	5-YR. ELECTRICAL INSPECTION FOR SUITE 103 TO TURN ON UTILITIES FOR BARBER SHOP/BEAUTY SALON. CONTACT TENANT JASMINE YOUNG AT 337-224-7944 TO ACCESS BLDG. #103	[O] N/A [C] N/A
103 WESTWOOD DR	Electrical Standalone (C) $0.00	Change out electrical panel in Apt. #245, Building #7	[O] N/A [C] N/A
220 WILKIE ST	Electrical Standalone (C) $0.00	Change out electrical panel in Apt. #819, Building #22	[O] N/A [C] N/A
711 JOHNSTON ST	Electrical Standalone (C) $0.00	CHANGE PANEL	[O] TOMMY DAIGLE LAW FIRM , TOMMY DAIGLE LAW FIRM [C] N/A
4416 JOHNSTON ST	Electrical Standalone (C) $0.00	Temp electrical inspection for turning on utilities	[O] N/A [C] N/A
102 ANZA DR	Plumbing Standalone (C) $0.00	need water meter for sewer plant for Guillot Grove Subdivison, Phase 2. Any questions call Doug with Colville. 337-319-9775	[O] N/A [C] COLVILLE PLUMBING & HEATING INC, DOUGLAS STUTES
5520 JOHNSTON ST	Plumbing Standalone (C) $0.00	6″ backflow	[O] N/A [C] Aca Mechanical/Industrial, L.L.C., DARRELL MCWATERS
4611 AMBASSADOR CAFFERY PKWY	Plumbing Standalone (C) $0.00	Inspections to get a water meter installed for a irrigation system.	[O] N/A [C] CJ’S PLUMBING REPAIR, CONNIE J GOULAS
400 E KALISTE SALOOM RD	Plumbing Standalone (C) $0.00	Office Space	[O] N/A [C] BERNHARD MCC, WILLIAM BERNHARD
1501 KALISTE SALOOM RD #A-1	Plumbing Standalone (C) $0.00	GAS TEST	[O] N/A [C] N/A
329 W PONT DES MOUTON RD	Plumbing Standalone (C) $0.00	Replacing backflow	[O] N/A [C] CJ’S PLUMBING REPAIR, CONNIE J GOULAS
4670 JOHNSTON ST	Reroof (C) $0.00	ROOFING ONLY REMOVE 1,760 SQ FT OF EXISTING ROOFING MEMBRANE AND INSULATION, REPLACE APPROX (10) 22 GUAGE RIBBED STEEL ROOF PANELS, LOOSE LAY 2″ RIGID BOARD, MECHANICALLY ATTACH 1.5″ INSULATION, MECHANICALLY ATTACH CLP+FR SHEET AND COAT WITH MAINTENANCE COATING.	[O] N/A [C] SIMON ROOFING AND SHEET METAL CORP., Alex J. Simon
409 W PONT DES MOUTON RD	Sign – Freestanding (C) $0.00	N/A	[O] N/A [C] N/A
2492 W CONGRESS ST	Sign – Freestanding Electrical (C) $0.00	N/A	[O] N/A [C] N/A
607 KALISTE SALOOM RD	Sign – Wall Sign (C) $0.00	N/A	[O] N/A [C] N/A
210 PRODUCTION DR	Sign – Wall Sign (C) $0.00	N/A	[O] N/A [C] N/A
314 JEFFERSON ST	Sign – Wall Sign (C) $0.00	N/A	[O] N/A [C] N/A
2492 W CONGRESS ST	Sign – Wall Sign (C) $0.00	N/A	[O] N/A [C] N/A
4551 JOHNSTON ST	Sign – Wall Sign (C) $0.00	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.

Elifin Realty

marketing@elifinrealty.com