The Pulse NOLA: Former Uptown Delivery Pharmacy property sells

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

Commercial Sales Recorded Last Week

5057 Kenal Rd, Lafitte, LA 70067
5057 Kenal Rd, Lafitte, LA 70067

Type: Retail
Price: $2,560,000 ($551.49 / SF)
Buyer: RAZZ HALILI TRUST
Elifin’s Notes: A Texas-based restaurateur purchases a fishing charter and lodging property in Lafitte.

501-505 Metairie Rd, Metairie, LA 70005
501-505 Metairie Rd, Metairie, LA 70005

Type: Mixed-Use
Price: $1,400,000 ($238.26 / SF)
Buyer: 9300 JEFFERSON HIGHWAY LLC
Elifin’s Notes: A mixed-use property, with street-level retail and 4 upstairs residential units, changes hands on Metairie Road.

4118, 4200, 4204 Hessmer Ave, Metairie, LA 70002
4118, 4200, 4204 Hessmer Ave, Metairie, LA 70002

Type: Multifamily
Price: $1,390,000 ($115,833 / Unit)
Buyer: ZEGAR INC
Elifin’s Notes: Zegar Inc. purchases a trio of quadruplexes, totaling 12 units, on Hessmer Avenue.

608-624 Governor Hall St, Gretna, LA 70053
608-624 Governor Hall St, Gretna, LA 70053

Type: Multifamily
Price: $1,100,000 ($42,308 / Unit)
Buyer: SHREE SAI PROPERTIES LLC
Elifin’s Notes: Shree Sai Properties acquires 13 duplexes on the same block in Gretna.

11901 I-10 Service Rd, New Orleans, LA 70128
11901 I-10 Service Rd, New Orleans, LA 70128

Type: Retail
Price: $950,000 ($103.49 / SF)
Buyer: LAGNIAPPE IMMOBILIER LLC
Elifin’s Notes: Lagniappe Immobilier LLC acquires a retail property in the Little Woods area.

3217 35th St, Metairie, LA 70001
3217 35th St, Metairie, LA 70001

Type: Office
Price: $800,000 ($210.53 / SF)
Buyer: GAO&JIAOS RESTAURANT LLC
Elifin’s Notes: A multi-tenant office property sells on 35th Street in Metairie.

148 W Harrison Ave, New Orleans, LA 70124
148 W Harrison Ave, New Orleans, LA 70124

Type: Land
Price: $400,000 ($55.56 / Land SF)
Buyer: 148 W HARRISON LLC
Elifin’s Notes: A 0.1+ acre parcel of vacant land sells on West Harrison Avenue.

3914 Royal St, New Orleans, LA 70117
3914 Royal St, New Orleans, LA 70117

Type: Industrial
Price: $362,600 ($86.33 / SF)
Buyer: BPM L L C
Elifin’s Notes: An industrial property sells near Crescent Park on Royal Street.

2021 1st St, New Orleans, LA 70113
2021 1st St, New Orleans, LA 70113

Type: Specialty
Price: $180,000 ($72.43 / SF)
Buyer: TEAM ROBOT LLC
Elifin’s Notes: A church property changes ownership near the Van McMurray Playground.

739, 741 Nashville Ave, New Orleans, LA 70115
739, 741 Nashville Ave, New Orleans, LA 70115

Type: Retail
Price: Withheld
Buyer: Magazine & Nashville llc
Elifin’s Notes: A retail property, formerly occupied by Uptown Delivery Pharmacy, changes hands at the intersection of Nashville Avenue and Magazine Street.

1100 N Causeway Blvd, Metairie, LA 70001
1100 N Causeway Blvd, Metairie, LA 70001

Type: Office
Price: Withheld
Buyer: HARTLAND ESTATES LLC
Elifin’s Notes: Hartland Estates acquires an office property, currently used as a rehab center along North Causeway Boulevard.


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
No Comments

Post A Comment