The Pulse NOLA: Chick-fil-A purchases land in Gretna

A weekly update on the commercial real estate landscape of New Orleans.

Commercial Sales Recorded Last Week

3432, 3434 Canal St; 118 S Clark St, New Orleans, LA 70119
3432, 3434 Canal St; 118 S Clark St, New Orleans, LA 70119

Type: Office
Price: $1,400,000 ($229.55 / SF)
Buyer: 3434 CANAL LLC
Elifin’s Notes: An office property changes hands at the corner of Canal and South Clark Streets.

3314 Conti St, New Orleans, LA 70119
3314 Conti St, New Orleans, LA 70119

Type: Office
Price: $647,999 ($79.88 / SF)
Buyer: MYCIELSKI, MARK
Elifin’s Notes: A newly renovated commercial property changes ownership on Conti Street.

1531 Euterpe St, New Orleans, LA 70130
1531 Euterpe St, New Orleans, LA 70130

Type: Multifamily
Price: $600,000 ($75,000 / Unit)
Buyer: ESHEL PROPERTIES LLC
Elifin’s Notes: Eshel Properties LLC buys an 8-unit multifamily property on Euterpe Street.

1700 Central Blvd, Harvey, LA 70058
1700 Central Blvd, Harvey, LA 70058

Type: Office
Price: $560,000 ($96.84 / SF)
Buyer: OIL TIME LLC
Elifin’s Notes: An office property changes ownership off Manhattan Boulevard.

2020 Belle Chasse Hwy, Gretna, LA 70056
2020 Belle Chasse Hwy, Gretna, LA 70056

Type: Retail
Price: $530,000 ($123.34 / SF)
Buyer: KARA ASSOCIATES LLC
Elifin’s Notes: Kara Associates LLC acquires a restaurant property and a drive-thru building in Gretna.

3911 11th St, Harvey, LA 70058
3911 11th St, Harvey, LA 70058

Type: Industrial
Price: $420,000 ($91.30 / SF)
Buyer: 2304 ARLINGTON LLC
Elifin’s Notes: An industrial property with office and warehouse space sells in Harvey.

4211 Downs St, Metairie, LA 70001
4211 Downs St, Metairie, LA 70001

Type: Specialty
Price: $259,000 ($81.42 / SF)
Buyer: LOUISIANA DEVELOPMENT GROUP LLC
Elifin’s Notes: Louisiana Development Group LLC purchases a commercial property, formerly a religious facility, on Downs Street.

19001 Chef Menteur Hwy, New Orleans, LA 70129
19001 Chef Menteur Hwy, New Orleans, LA 70129

Type: Land
Price: $240,000 ($2.44 / Land SF)
Buyer: CORVUS REAL ESTATE HOLDINGS LLC
Elifin’s Notes: Corvus Real Estate Holdings LLC acquires a 2+ acre parcel of land on Chef Menteur Highway.

6510 Morrison Rd, New Orleans, LA 70126
6510 Morrison Rd, New Orleans, LA 70126

Type: Retail
Price: $152,051 ($36.62 / SF)
Buyer: STARZ NIGHT CLUB LLC
Elifin’s Notes: Starz Night Club LLC acquires a night club property on Morrison Road.

3250 Rue Parc Fontaine, New Orleans, LA 70131
3250 Rue Parc Fontaine, New Orleans, LA 70131

Type: Land
Price: $115,001 ($2.33 / Land SF)
Buyer: BROAD STREET ACQUISITIONS, LLC
Elifin’s Notes: Broad Street Acquisitions, LLC purchases a 1+ acre parcel of land on Rue Parc Fontaine.

1538 Louisiana Ave, New Orleans, LA 70115
1538 Louisiana Ave, New Orleans, LA 70115

Type: Office
Price: Withheld
Buyer: 1538 LOUISIANA LLC
Elifin’s Notes: An office property changes ownership on Louisiana Avenue.

4600 Chef Menteur Hwy; 
4300 Desire Pkwy, New Orleans, LA 70126
4600 Chef Menteur Hwy;
4300 Desire Pkwy, New Orleans, LA 70126

Type: Retail
Price: Withheld
Buyer: LAKELAND WEST CAPITAL 50, LLC
Elifin’s Notes: A large-scale, two suite retail property sells on Chef Menteur Highway.

1841, 1843 Pauger St, New Orleans, LA 70116
1841, 1843 Pauger St, New Orleans, LA 70116

Type: Retail
Price: Withheld
Buyer: SELLERS, CYNTHIA HASSENBOEHLER
Elifin’s Notes: A bar property sells at the corner of Pauger and Marais Street.

7220, 7228 Earhart Blvd, New Orleans, LA 70125
7220, 7228 Earhart Blvd, New Orleans, LA 70125

Type: Office
Price: Withheld
Buyer: GRACIOUS REALTY LLC
Elifin’s Notes: Gracious Realty LLC purchases an office property at the hard corner of Earhart Boulevard and Pine Street.

803, 805 Arabella St;
5631 Magazine St, New Orleans, LA 70115
803, 805 Arabella St;
5631 Magazine St, New Orleans, LA 70115

Type: Office
Price: Withheld
Buyer: FRERET DEVELOPMENT LLC
Elifin’s Notes: A three-unit, mixed-use retail/office space sells at Arabella & Magazine Streets

2200 Hancock St, Gretna, LA 70053
2200 Hancock St, Gretna, LA 70053

Type: Mixed-Use
Price: Withheld
Buyer: CHICK FIL A INC
Elifin’s Notes: Chick-fil-A purchases a 1.2+ acre parcel of land with an industrial warehouse in Gretna.


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 $300,000. 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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