The Pulse NOLA: Tennessee-based company purchases Walgreens property

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

Commercial Sales Recorded Last Week

11297 Lake Forest Blvd, New Orleans, LA 70128
11297 Lake Forest Blvd, New Orleans, LA 70128

Type: Retail
Price: $2,060,000 ($137.24 / SF)
Buyer: CD NEW ORLEANS, LLC
Elifin’s Notes: A Tennessee-based company purchases a Walgreens branch property on Lake Forest Boulevard.

3125 N Causeway Blvd, Metairie, LA 70002
3125 N Causeway Blvd, Metairie, LA 70002

Type: Retail
Price: $1,490,000 ($326.75 / SF)
Buyer: 3125 N CAUSEWAY LLC
Elifin’s Notes: An auto repair property changes ownership across from Lakeside Shopping Center on North Causeway Boulevard.

420 Westbank Expy, Gretna, LA 70053
420 Westbank Expy, Gretna, LA 70053

Type: Retail
Price: $1,400,000 ($241.05 / SF)
Buyer: 4307 DHV LLC
Elifin’s Notes: A restaurant property changes hands on Westbank Expressway.

1 Geneva St, Kenner, LA 70062
1 Geneva St, Kenner, LA 70062

Type: Self-Storage
Price: $700,000 ($3,646 / Unit)
Buyer: GULF SOUTH STORAGE LLC
Elifin’s Notes: A 192-unit self storage facility sells in Kenner.

828 N Gayoso St, New Orleans, LA 70119
828 N Gayoso St, New Orleans, LA 70119

Type: Multifamily
Price: $685,000 ($114,167 / Unit)
Buyer: APPLEWHITE LLC
Elifin’s Notes: A 6-unit multifamily property sells on North Gayoso Street.

1500 Franklin St: 812 Cook St, Gretna, LA 70053
1500 Franklin St: 812 Cook St, Gretna, LA 70053

Type: Industrial
Price: $624,000 ($148.57 / SF)
Buyer: ROBERTS FLOORING LLC
Elifin’s Notes: An industrial warehouse property changes hands at the corner of Franklin and Cook Street.

1359 Veterans Blvd, Kenner, LA 70062
1359 Veterans Blvd, Kenner, LA 70062

Type: Retail
Price: $575,000 ($95.74 / SF)
Buyer: LEGENDARY VENTURES LLC
Elifin’s Notes: A boat repair property changes ownership near Louis Armstrong International Airport.

2820 Athania Pkwy, Metairie, LA 70002
2820 Athania Pkwy, Metairie, LA 70002

Type: Office
Price: $370,000 ($204.42 / SF)
Buyer: NIUNIU MANAGEMENT LLC
Elifin’s Notes: An office property changes hands on Athania Parkway.

6715 4th St, Marrero, LA 70072
6715 4th St, Marrero, LA 70072

Type: Specialty
Price: $100,000 ($75.47 / SF)
Buyer: DTPCD TRUST
Elifin’s Notes: An auto salvage yard property sells in Marrero.

9300 Old Gentilly Rd, New Orleans, LA 70127
9300 Old Gentilly Rd, New Orleans, LA 70127

Type: Industrial
Price: Withheld
Buyer: LIBERTY TIRE RECYCLING, LLC
Elifin’s Notes: A Pennsylvania-based company purchases an industrial property on Old Gentilly Road.

2724 Athania Pkwy, Metairie, LA 70002
2724 Athania Pkwy, Metairie, LA 70002

Type: Office
Price: Withheld
Buyer: 2724 ATHANIA PKWY LLC
Elifin’s Notes: An office property sells on Athania Parkway.


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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