The Pulse LFT: Three Wendy’s locations sold last week

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

Commercial Sales Recorded Last Week

3144 Ambassador Caffery Pkwy, Lafayette, LA 70506
3144 Ambassador Caffery Pkwy, Lafayette, LA 70506

Type: Retail
Price: $2,272,549 ($766.98 / SF)
Buyer: WENDYS PROPERTIES LLC
Elifin’s Notes: The Wendy’s main office acquire one of their franchise properties in front of the Wal-Mart on Ambassador Caffery Parkway

3510 West Pinhook Rd, Lafayette, LA 70508
3510 West Pinhook Rd, Lafayette, LA 70508

Type: Retail
Price: $2,045,071 ($681.69 / SF)
Buyer: HAZA PROPS LLC
Elifin’s Notes: This is one of two Wendy’s Fast-Food properties that an investor out of Sugar Land, Texas purchased this past week

208 Ambassador Caffery Pkwy, Scott, LA 70583
208 Ambassador Caffery Pkwy, Scott, LA 70583

Type: Retail
Price: $1,722,332 ($688.93 / SF)
Buyer: HAZA PROPS LLC
Elifin’s Notes: This is one of two Wendy’s Fast-Food properties that an investor out of Sugar Land, Texas purchased this past week

101 Sugarland Dr, Broussard, LA 70518
101 Sugarland Dr, Broussard, LA 70518

Type: Industrial
Price: $1,550,000 ($160.66 / SF)
Buyer: READ PARTNERSHIP
Elifin’s Notes: An industrial property with warehouse and office space changes hands within the Sugarland Business Park in Broussard

1200BLK East Broussard Rd, Lafayette, LA 70508
1200BLK East Broussard Rd, Lafayette, LA 70508

Type: Land
Price: $779,462 ($8.49 / Land SF)
Buyer: BRUHATI 10 LLC
Elifin’s Notes: Local entity purchases 2.1+ acres of vacant land at the corner of East Broussard and Vincent Road

123 Salsman St, Lafayette, LA 70506
123 Salsman St, Lafayette, LA 70506

Type: Industrial
Price: $264,000 ($33.52 / SF)
Buyer: HCBH PROPERTIES LLC
Elifin’s Notes: An industrial property across three parcels, one of which is vacant, sells near the intersection of Cameron Street and North Bertrand Drive

6877 Johnston St, Lafayette, LA 70503
6877 Johnston St, Lafayette, LA 70503

Type: Land
Price: $175,000 ($4.02 / Land SF)
Buyer: CAOS VENTURES LLC
Elifin’s Notes: An acre of commercial land changes hands along Johnston Street near East Broussard Road

105 Saint Landry St, Lafayette, LA 70506
105 Saint Landry St, Lafayette, LA 70506

Type: Retail
Price: $175,000 ($93.09 / SF)
Buyer: CARPE DIEM INVESTMENTS LLC
Elifin’s Notes: The former pizza hut occupied retail space sells near the corner of Saint Landry Street and West University Avenue


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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