The Pulse NOLA: Pelican Pointe Car Wash sells in Metairie

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

Commercial Sales Recorded Last Week

2500 David Dr
2500 David Dr

Type: Retail
Price: $1,750,000 ($972.22 / SF)
Buyer: WASHING CARS II LLC
Elifin’s Notes: The Pelican Pointe Car Wash property sells in the Lelia Place area of Metairie

200 Wright Ave
200 Wright Ave

Type: Industrial
Price: $1,500,000 ($29.24 / SF)
Buyer: JULIA REALTY LLC
Elifin’s Notes: Large industrial property with three buildings sells in the Oakdale area of Terrytown

46 Sussex St
46 Sussex St

Type: Industrial
Price: $750,000 ($133.93 / SF)
Buyer: VI BUILDING HOLDINGS LLC
Elifin’s Notes: Industrial property with warehouse and office space sells in the Crestview Industrial & Office Park area of Kenner

9225 Jefferson Highway
9225 Jefferson Highway

Type: Office
Price: $600,000 ($444.44 / SF)
Buyer: 9225 JEFFERSON HWY LLC
Elifin’s Notes: Local investors purchase 0.43 acre property with a small office cottage on the corner of Jefferson Highway and Upstream in River Ridge

3801 General De Gaulle Dr
3801 General De Gaulle Dr

Type: Retail
Price: $580,000 ($207.07 / SF)
Buyer: ARDENT SOUTH L L C
Elifin’s Notes: Covington-based investor acquires a unique property at the corner of General De Gaulle and Behrman in Algiers with two retail buildings, currently occupied by an oil change provider and an urgent care clinic, respectively

6100 4th St
6100 4th St

Type: Industrial
Price: $500,000 ($5.68 / SF)
Buyer: RICKS TOWING SERVICE LLC
Elifin’s Notes: Local company purchases a large warehouse structure sitting on 7.73 acres of land in the Ames Farms area of Marrero

200 Paris Ave
200 Paris Ave

Type: Office
Price: $389,151 ($324.29 / SF)
Buyer: OBG HOLDINGS LLC
Elifin’s Notes: Mandeville-based investor purchases small office property in the Metairieville area of Metairie

4416 Shores Dr
4416 Shores Dr

Type: Office
Price: $285,000 ($149.45 / SF)
Buyer: CAMPOS ALFONSO P; CAMPOS LEAH R H
Elifin’s Notes: Property with office and warehouse space sells in the Pontchartrain Shores area

135 Oak Lane
135 Oak Lane

Type: Specialty
Price: $220,000 ($104.76 / SF)
Buyer: CAPPS 2010 JOINT TRUST
Elifin’s Notes: Arkansas-based entity purchases a religious facility property in Grand Isle

13890 Chef Menteur Hwy
13890 Chef Menteur Hwy

Type: Retail
Price: $200,000 ($404.04 / SF)
Buyer: MAIWAY LLC
Elifin’s Notes: Local investor purchases Car Wash along Chef Menteur Highway in the Michoud area of New Orleans East

2931 Broadway St
2931 Broadway St

Type: Retail
Price: $130,900 ($136.35 / SF)
Buyer: GARCIA AND URRUTIA LLP
Elifin’s Notes: Neighborhood grocery sells in the Marlyville/Fountainebleau area

30-40 Westbank Expy
30-40 Westbank Expy

Type: Retail
Price: Withheld
Buyer: 30 40 WB LLC
Elifin’s Notes: LaPlace-based investor purchases a multi-unit retail location in the Suburban Park area of 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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