17 May The Pulse: Retail Center in Central sold for Over 5 Million

Posted at 09:01h in Research, The Pulse, The Pulse: Baton Rouge by ELIFIN® 0 Comments
A weekly update on the commercial real estate landscape of Baton Rouge.

Commercial Sales Recorded Last Week

631 S Eugene St
Price: $110,000 ($76 / SF)
Buyer: Chad Hughes
Elifin’s Notes: Baton Rouge restaurateur purchases Bonanno’s Fine Catering property in Mid City off Government St.
14455 Wax Rd
Price: $5,600,000 ($114 / SF)
Buyer: WM Blanchard LLC
Elifin’s Notes: D’Argent Companies, an Alexandria-based real estate and investment company, purchase Central Plaza, a strip center on the Corner of Wax Rd and Sullivan Rd in Central.
12606 S Choctaw Dr
Price: Withheld
Buyer: 12606 S Choctaw Drive LLC
Elifin’s Notes: Big Brother’s Meat Market location sells to Sands Investment Group, a net lease company with offices around the US. Price withheld.
2023 N Foster Dr
Price: Withheld
Buyer: 2023 North Foster Drive LLC
Elifin’s Notes: Big Brother’s Meat Market location sells to Sands Investment Group, a net lease company with offices around the US. Price withheld.
6708 Scenic Hwy
Price: Withheld
Buyer: 6708 Scenic Hwy
Elifin’s Notes: Big Brother’s Meat Market location sells to Sands Investment Group, a net lease company with offices around the US. Price withheld.
9550 Hooper Rd
Price: $800,000 ($198 / SF)
Buyer: Central City Steak & Seafood LLC
Elifin’s Notes: Central City Steak & Seafood purchase the restaurant’s location on Hooper Rd in Central.
4545 Bluebonnet Blvd
Elifin’s Notes: The email version of the Pulse incorrectly reported that this building has sold, but it has not. We apologize for the error, and we’ll do better in the future.
505 E Airport Ave
Price: $5,090,000 ($392 / SF)
Buyer: BRLADAV, LLC
Elifin’s Notes: California-based buyer purchases medical facility used by Baton Rouge Vascular Access on E Airport Ave near Independence Blvd.
624 St Ferdinand St
Price: $160,000 ($92 / SF)
Buyer: Castlegate Real Estate Holdings LLC
Elifin’s Notes: Two story office building sells near downtown Baton Rouge off St Ferdinand St south of the Government St intersection.

No Multifamily sales recorded in EBR Parish this week.

 
 

Industrial Sales

9323 Mammoth Ave
Price: $268,500 ($40 / SF)
Buyer: FMP Mammoth LLC
Elifin’s Notes: Fairburn Medical Products purchase industrial property off Mammoth Ave near the Monterrey Dr intersection.

 

 

Upcoming Planning Commission Cases

  • The Park at Jones Creek

 

Commercial Permits Issued Last Week

05/14/2021 // 18303 PERKINS RD E, STE 410, BATON ROUGE, 70810 LA
  • Type: Commercial: Complete Interior
  • Description: Complete Interior to create suite space 410 of 1,394 s.f. for new restaurant use. Seating for 20 diners, reviewed as Business with occupant load less than 50 persons.
  • Owner: Brian Douglas Campbell
05/14/2021 // 17461 JEFFERSON HWY BATON ROUGE LA 70817
  • Type: Occupancy: Clean
  • Description: Clean and show for office space.
  • Owner: Richard Juneau
05/14/2021 // 2332 EASTGATE DR BATON ROUGE LA 70816
  • Type: Occupancy
  • Description: Massage clinic office
  • Owner: Shannon Ford
05/14/2021 // 5831 CREEK CENTRE DR BATON ROUGE LA 70820
  • Type: Commercial: New
  • Description: (EXPEDITED) Automotive Repair Shop
  • Owner: John Davis
05/14/2021 // 17425 JEFFERSON HWY BATON ROUGE LA 70817
  • Type: Occupancy: Clean
  • Description: Clean and show for office.
  • Owner: Richard Juneau
05/14/2021 // 17425 JEFFERSON HWY BATON ROUGE LA 70817
  • Type: Occupancy: Clean
  • Description: Clean and show for office space.
  • Owner: Richard Juneau
05/14/2021 // 11940 BRICKSOME AVE BATON ROUGE LA 70816
  • Type: Occupancy
  • Description: Office Space for Realtors
  • Owner: Angela Pitts
05/13/2021 // 2219 N FOSTER DR BATON ROUGE LA 70802
  • Type: Occupancy: Clean
  • Description: Clean and show for office building.
  • Owner: DAWN THOMAS
05/13/2021 // 11606 SOUTHFORK AVE BATON ROUGE LA 70816
  • Type: Occupancy
  • Description: Psychotherapy office.
  • Owner: Richard Hedley
05/13/2021 // 7926 STE B WRENWOOD BLVD BATON ROUGE LA 70809
  • Type: Occupancy
  • Description: General business office
  • Owner: Colin Smith
05/13/2021 // 15873 PERKINS RD BATON ROUGE LA 70810
  • Type: Commercial: New
  • Description: New construction of 11,200 s.f. Metal Storage Building with 16 units, and parking/site work to serve. No Plumbing.
  • Owner: Dean Hotard
05/13/2021 // 6888 KENT DR BAKER LA 70714
  • Type: Occupancy
  • Description: Photography,Film and sound engineering
  • Owner: Kayla Reed
05/13/2021 // 9323 MAMMOTH AVE BATON ROUGE LA 70814
  • Type: Occupancy
  • Description: Existing Office warehouse. Intended Use: Medical equipment sales and rental
  • Owner: Charles Fairburn
05/13/2021 // 7612 GOODWOOD BLVD BATON ROUGE LA 70806
  • Type: Occupancy: Clean
  • Description: Building will be used for commercial use for future tenant.
  • Owner: Daniel Palm
05/12/2021 // 9838 AIRLINE HWY BATON ROUGE LA 70816
  • Type: Commercial: New
  • Description: New construction of 288 s.f. building for Small Office at a Car lot to be used for customers to sign paperwork.
  • Owner: Dedric Morris
05/12/2021 // 2710 FAIRWAY DR BATON ROUGE LA 70809
  • Type: Mechanical
  • Description: REPLACE 5 ton straight straight cool condenser
  • Owner: ZACHARY STAFFORD
05/12/2021 // 1741 BRIGHTSIDE DR BATON ROUGE LA 70820
  • Type: Mechanical
  • Description: Change out 3 ton condenser and 3 ton vertical air handler Apt E3
  • Owner: Kerry Simon
05/12/2021 // 5235 STE A FLORIDA BLVD BATON ROUGE LA 70806
  • Type: Occupancy
  • Description: Appointment office.
  • Owner: Verleana Smith
05/12/2021 // 4950 ESSEN LN BATON ROUGE LA 70808
  • Type: Commercial: Remodel
  • Description: Renovation of an existing, concrete vault into a new CT – Sim Suite. Minimal mechanical and electrical work will be required in addition to changes/modifications to existing finishes. The total area to be renovated is approximately 780 square feet and located on the 1st floor of the 128,500 square foot, six story building.
  • Owner: Tommy Guidry
05/12/2021 // 9026 JEFFERSON HWY BATON ROUGE LA 70809
  • Type: Occupancy
  • Description: Real Estate Title Company
  • Owner: Theresa Kao
05/12/2021 // 12011 BRICKSOME AVE BATON ROUGE LA 70816
  • Type: Occupancy
  • Description: Realtor’s office.
  • Owner: Victor Chou
05/12/2021 // 17018 LAKEPARK AVE BATON ROUGE LA 70816
  • Type: Mechanical
  • Description: REPLACE 3 TON 14 SEER CDU ONLY
  • Owner: JERROLD MONTGOMERY
05/12/2021 // 13250 PLANK RD BAKER LA 70714
  • Type: Electrical
  • Description: SERVICE TO RISER
  • Owner: IDA MAE SPINKS
05/12/2021 // 5454 BLUEBONNET BLVD BATON ROUGE LA 70809
  • Type: Occupancy: Clean
  • Description: Clean and show.
  • Owner: George Kurz
05/12/2021 // 12341 FLORIDA BLVD BATON ROUGE LA 70815
  • Type: Occupancy
  • Description: Small event center serving beer/liquor.
  • Owner: Bob
05/12/2021 // 11888 LONGRIDGE AVE BATON ROUGE LA 70816
  • Type: Occupancy
  • Description: Existing apartment.
  • Owner: MTH Management
05/11/2021 // 2255 brightside dr baton rouge la LA 70820
  • Type: Electrical
  • Description: had power turned off to remove service that was mounted on fence build rack to mount service on . this service is listed as pump
  • Owner: N/A
05/11/2021 // 10097 STE B3 FLORIDA BLVD BATON ROUGE LA 70815
  • Type: Occupancy
  • Description: Barber Shop.
  • Owner: Erica Scott
05/11/2021 // 14141 AIRLINE HWY BATON ROUGE LA 70817
  • Type: Commercial: Remodel
  • Description: (EXPEDITED)Renovation & expansion of an existing brewery space. Scope of work consists of new tasting room, outdoor patio/deck, restrooms, & bar area. No work is being proposed for the existing brewery production area.
  • Owner: Keith Primeaux
05/11/2021 // 8080 BLUEBONNET BLVD BATON ROUGE LA 70810
  • Type: Commercial: Remodel
  • Description: (EXPEDITED) Interior Alterations for Baton Rouge Orthopaedic Physical Therapy
  • Owner: Trey Williamson
05/11/2021 // 3071 TEDDY DR BATON ROUGE LA 70809
  • Type: Occupancy
  • Description: Insurance claims office.
  • Owner: Stephen Brown
05/11/2021 // 16851 JEFFERSON HWY BATON ROUGE LA 70817
  • Type: Occupancy
  • Description: Physician’s Office.
  • Owner: Marc Mader
05/11/2021 // 7074 SIEGEN LN BATON ROUGE LA 70809
  • Type: Commercial: Remodel
  • Description: Renovation of existing 31,174 s.f. lease space in strip mall to change from Office Depot Mercantile use to wine sales, Mercantile occupancy.
  • Owner: N/A
05/11/2021 // 3250 LONE OAK DR BATON ROUGE LA 70814
  • Type: Occupancy
  • Description: Daycare
  • Owner: Jocelyn Taylor
05/10/2021 // 9035 BLUEBONNET BLVD BATON ROUGE LA 70810
  • Type: Occupancy
  • Description: Existing counseling office.
  • Owner: Judy and William Davis
05/10/2021 // 11888 LONGRIDGE AVE BATON ROUGE LA 70816
  • Type: Occupancy
  • Description: Existing Apartment Complex. New Ownership. Transferring Power into Owners Name. House Meter Only
  • Owner: MTH Management
05/10/2021 // 4343 S SHERWOOD FOREST BLVD BATON ROUGE LA 70816
  • Type: Occupancy
  • Description: Sale of women hair, wigs, and beauty products.
  • Owner: Jason Lee
05/10/2021 // 11888 LONGRIDGE AVE BATON ROUGE LA 70816
  • Type: Occupancy
  • Description: Storage room on existing Rental Property……. House meter/Electrical only
  • Owner: MTH Management
05/10/2021 // 9026 JEFFERSON HWY BATON ROUGE LA 70809
  • Type: Occupancy
  • Description: Erectile Dysfunction clinic. No injections or medication/medical grade equipment.
  • Owner: Joseph Whitehead
Elifin Realty
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