16 Sep The Pulse LFT: UL Board of Supervisors purchases former restaurant property
A weekly update on the commercial real estate landscape of Lafayette.
Commercial Sales Recorded Last Week
1933 Youngsville Hwy, Youngsville, LA 70592
Type: Industrial
Price: $1,875,000 ($70.45 / SF)
Buyer: HIGH END AUTOMOTIVE LLC
Elifin’s Notes: High-End Automotive purchases their location along the Youngsville Highway.
1540 Johnston St, Lafayette, LA 70503
Type: Retail
Price: $510,000 ($195.63 / SF)
Buyer: LA-STATE BOARD OF SUPERVISORS FOR THE UNIVERSITY OF LOUISIANA SYSTEM
Elifin’s Notes: The former Bisbano’s Pizza location sells to the UL Board of Supervisors.
102 Deer Tree Dr, Lafayette, LA 70507
Type: Industrial
Price: $460,000 ($92.00 / SF)
Buyer: CPS ENTERPRISES LLC
Elifin’s Notes: An industrial property sells near the Wetlands Golf Course.
11.548 Acres N Bernard Rd, Broussard, LA 70518
Type: Land
Price: $425,000 ($0.84 / Land SF)
Buyer: HAS LTD NO 11 LLC
Elifin’s Notes: Advanced Building Services purchases 11.5+ acres of vacant land right next to a 5+ acre tract they purchased last year.
5900, 5910 Cameron St, Scott, LA 70583
Type: Retail
Price: $418,000 ($58.87 / SF)
Buyer: LJL COMMERCIAL PROPERTIES LLC
Elifin’s Notes: A multi-tenant retail property with two buildings, home to Cashway Pharmacy, sells in Scott.
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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