The Pulse NOLA: CVS property sells for 3.9mm in Metairie

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

Commercial Sales Recorded Last Week

2105 Cleary Ave, Metairie, LA 70001
2105 Cleary Ave, Metairie, LA 70001

Type: Retail
Price: $3,925,000 ($286.50 / SF)
Buyer: AGREE CENTRAL LLC
Elifin’s Notes: Agree Central LLC, a Michigan-based company acquires a CVS pharmacy property at the corner of Cleary Avenue and West Napoleon Avenue.

1521 Dickory Ave, Harahan, LA 70123
1521 Dickory Ave, Harahan, LA 70123

Type: Industrial
Price: $933,120 ($106.34 / SF)
Buyer: SECURITY HOLDINGS LLC
Elifin’s Notes: Security Holdings, LLC purchases an industrial property with both office and warehouse space on Dickory Avenue.

1821 Hickory Ave, New Orleans, LA 70123
1821 Hickory Ave, New Orleans, LA 70123

Type: Retail
Price: $865,000 ($193.86 / SF)
Buyer: NORMAN PROPERTY HOLDINGS LLC
Elifin’s Notes: Norman Property Holdings LLC purchases a full-service restaurant on Hickory Avenue.

1012 Bolo Ct, Westwego, LA 70094
1012 Bolo Ct, Westwego, LA 70094

Type: Multifamily
Price: $500,000 ($62,500 / Unit)
Buyer: ROWELL&ASSOCIATES LLC
Elifin’s Notes: An 8-unit multifamily property changes hands on Bolo Court in Westwego.

724 11th St, Gretna, LA 70053
724 11th St, Gretna, LA 70053

Type: Office
Price: $465,000 ($274.50 / SF)
Buyer: THE BLOOD CENTER
Elifin’s Notes: An office property changes hands in Gretna.

3125 49th St, Metairie, LA 70001
3125 49th St, Metairie, LA 70001

Type: Industrial
Price: $435,000 ($149.69 / SF)
Buyer: OTT FAM HOLDINGS LLC
Elifin’s Notes: An industrial property with both office and warehouse space sells just off of Causeway Boulevard.

3234 Chetta Dr, Metairie, LA 70003
3234 Chetta Dr, Metairie, LA 70003

Type: Industrial
Price: $343,000 ($92.23 / SF)
Buyer: 3234 Warehouse LLC
Elifin’s Notes: An industrial property sells on Chetta Drive.

745 Baronne St (Unit C-1), New Orleans, LA 70113
745 Baronne St (Unit C-1), New Orleans, LA 70113

Type: Retail
Price: $330,000 ($286.96 / SF)
Buyer: 745 BARONNE LLC
Elifin’s Notes: A retail unit property changes ownership near Julia Street.

3321 Jefferson Hwy, New Orleans, LA 70121
3321 Jefferson Hwy, New Orleans, LA 70121

Type: Hospitality
Price: Withheld
Buyer: 3401 JEFFERSON HWY LLC
Elifin’s Notes: The former La Bella Motel sells on Jefferson Highway.

2110, 2112 Pratt St;
1205 Truxton St, Gretna, LA 70053
2110, 2112 Pratt St;
1205 Truxton St, Gretna, LA 70053

Type: Retail
Price: Withheld
Buyer: YUNELLY GIFTSHOP&DECOR LLC
Elifin’s Notes: This property in Gretna features two retail buildings and a vacant land parcel.


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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