Retail Portfolio at LSU and Corporate Blvd Land Sale

The January 3, 2022 issue covers thirteen commercial sales recorded across Baton Rouge the previous week, totaling $22.5M in disclosed volume. The headline deal: Hackberry Rouge LLC, a Lake Charles-based buyer, paid $5.6M ($275/SF) for the former Acme Brick location near the corner of Airline Highway and Baringer Foreman Road. Land led the week with five of the thirteen sales, including Mississippi-based Cadence Bank's $2.35M purchase of a 1.93-acre lot on Corporate Boulevard, while Northridge Care Center, a senior rehab and living center in Baker, sold for $5.17M.

By ELIFIN® Source: ELIFIN transaction database

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13Commercial sales recorded
$22.5MDisclosed volume (12 of 13 sales)
$5.6MLargest sale · 9314 Baringer Foreman Rd
5Land sales, the most active type

Commercial Sales Recorded Last Week 13 sales

9314 Baringer Foreman Rd

9314 Baringer Foreman Rd

  • Industrial

$5,600,000 $275 / SF

Lake Charles-based buyer purchases former Acme Brick location near the corner of Airline Hwy and Baringer Foreman Rd.

BuyerHackberry Rouge LLC

3612 Baker Blvd

3612 Baker Blvd

  • Healthcare

$5,168,227 $141 / SF

Northridge Care Center, a senior rehab and living center in Baker, sells.

BuyerRiver Oaks Holdings LLC

12475 Florida Blvd

12475 Florida Blvd

  • Retail

$2,884,615 $627 / SF

Connecticut-based investor purchases the Sonny's BBQ on Florida Blvd.

BuyerTrio Fund I Baton Rouge LA LLC

3266 Drusilla Lane

3266 Drusilla Lane

  • Office

$2,400,000

Local investor purchases Drusilla Lane office building on 2.38 acres.

Buyer3266 Drusilla LLC

Tract 1-B Corporate Blvd

Tract 1-B Corporate Blvd

  • Land

$2,349,104 $27.94 / Land SF

Mississippi-based Cadence Bank purchases 1.93 acre lot on Corporate Blvd.

BuyerCadence Bank

Tract A-1-A-1-A-2 Mickens Rd

Tract A-1-A-1-A-2 Mickens Rd

  • Land

$1,200,000 $0.30 / Land SF

93+ acres sell off Mickens Rd near the Joor Rd intersection.

BuyerMickens Rd Development

268 W Chimes St (Portfolio)

268 W Chimes St (Portfolio)

  • Retail

$1,050,000

Local real estate agent purchases a Little Caesar's and a retail property near the north gates of LSU.

BuyerStalter Holdings LLC

1188 Rosenwald Road

1188 Rosenwald Road

  • Multifamily

$950,000 $26,389 / unit

Local investor purchases Rosenwald Place, a 36 unit apartment complex in North Baton Rouge.

BuyerUniversity Place Housing 2 LLC

10127 Florida Blvd

10127 Florida Blvd

  • Office

$300,000 $39 / SF

Blvd Salon Suites purchases their location on Florida Blvd near the Sharp Rd intersection.

BuyerBlvd Salon Suites LLC

4197 Winbourne Ave

4197 Winbourne Ave

  • Land

$200,000 $6.01 / Land SF

Four commercially zoned lots sell on the corner of Winbourne Ave and N Foster Dr.

BuyerShipp Holding Properties LLC

1215 Independence Blvd, Suite 10

1215 Independence Blvd, Suite 10

  • Land

$180,000 $45 / Land SF

Office pad site sells at the Copper Mill Office Park in Zachary.

BuyerBonin Holdings LLC

Tract 2 Samuel Rd

Tract 2 Samuel Rd

  • Land

$169,000 $0.38 / Land SF

10+ acre tract of land sells in Zachary.

BuyerYeluob Enterprises LLC

3444 S Sherwood Forest Blvd

3444 S Sherwood Forest Blvd

  • Retail

Price withheld

The Niki Group, a San Diego-based real estate investment firm, purchase Dairy Queen on S Sherwood Forest Blvd. Price withheld.

BuyerNiki Madison LP

Upcoming Planning Commission Cases 1 case

Brookwood Storage

Submitted by Connor Glennon

Proposed self-storage facility on property located on the north side of Burbank Drive, east of Bluebonnet Boulevard. Proposed 1 building, ±119,095 SF.

Commercial Permits Issued Last Week 41 permits

AddressTypeValueDescriptionOwner / Applicant / Contractor
3136 Amarillo St. Baton Rouge LA 70805Gas TestN/AInstall a gas pressure test for inspection to have gas turned back on by gas company.O James Sanders
11049 E VIEUX ST BATON ROUGE LA 70815ElectricalN/AReplace overhead incoming service that was damaged from Hurricane IdaO Sterling Chapman
5476 GLEN OAKS DR BATON ROUGE LA 70811OccupancyN/AAffordable housingO —
2650 THOMAS RD BATON ROUGE LA 70807Commercial: RemodelN/ARETAIL Convenience STORE, Deli added, never properly reviewed and permitted.O MOHAMED ALASHMALY
3930 BURBANK DR, STE A BATON ROUGE LA 70808OccupancyN/ArestaurantO Cameron Moreaux
17326 WISDOM DR BAKER LA 70714ElectricalN/AWires from meter to panel, exposed emergency disconnect being doneO Carol Robinson
5600 BLUEBONNET BLVD BATON ROUGE LA 70809OccupancyN/AHotelO —
14241 AIRLINE HWY BATON ROUGE LA 70817Gas TestN/ACAKE GODDESS GAS PRESSURE TESTO WENDY THIBODEAUX
7250 PERKINS RD BATON ROUGE LA 70808OccupancyN/AOffice-ClubhouseO Alissa Hood
12881 PERKINS RD BATON ROUGE LA 70810MechanicalN/ARemove and replace (4) packaged rooftop HVAC units.O —
12022 PLANK RD BATON ROUGE LA 70811OccupancyN/Aoffice buildingO LIZABETH JACKSON
6776 CEZANNE AVE BATON ROUGE LA 70806ElectricalN/Achanged out 8 pack meter centerO —
200 WATER ST BATON ROUGE LA 70802ElectricalN/AInstallation of new transformer and service for two EV charging stationsO Bryan O'Connor
2827 HOLLYWOOD ST BATON ROUGE LA 70805OccupancyN/AHouse over 1 yr oldO Raymond Bennie
3535 STE 200 PERKINS RD BATON ROUGE LA 70808Commercial: RemodelN/A(Expedited Review) Renovation to an existing 3203 s.f. building (Mercantile Group M) for new tenant. Scope of work includes change in partition layouts and alterations to existing mechanical, electrical and plumbing.O —
18311 LAKE INDIGO DR BATON ROUGE LA 70817OccupancyN/ADetached single family home, 1 story, approx. 1554 sq.ft. Trying to get electricity connected.O Karen Fairess
6108 SIEGEN LN BATON ROUGE LA 70809Commercial: NewN/ANew construction 798 s.f. Drive Thru Canopy Structure for new 2-story, 27,519 s.f. office building for operations and branch for Campus Federal Credit Union with three ground floor tenant spaces for future use. (See permit 124737 for Main Building, Parking Lot, Sitework and Generator.)O Robert Nading
14141 AIRLINE HWY BATON ROUGE LA 70817OccupancyN/Aclass officeO Joshua Mancuso
15959 TIGER BEND RD BATON ROUGE LA 70817ElectricalN/Achange out 6 pack meter centerO —
5624 VALLEY FORGE AVE BATON ROUGE LA 70808PlumbingN/AHWH REPLACEMENT WITH FINAL INSPECTIONO PATRICK COHN
10172 MAMMOTH AVE BATON ROUGE LA 70814OccupancyN/AOffice/WarehouseO Craig Page
8818 SCOTLAND AVE BATON ROUGE LA 70807Gas TestN/Agas tetO —
1000 N 23RD ST BATON ROUGE LA 70802Commercial: RemodelN/ARenovation of existing school gymnasium and locker rooms, A-3 use, limited to new HVAC system.O —
6191 CHOCTAW DR BATON ROUGE LA 70805OccupancyN/AwarehouseO —
5253 BANGOR DR BATON ROUGE LA 70814Gas TestN/AGAS TEST WITH FINAL INSPECTIONO DANNY NYGUEN
14141 AIRLINE HWY BATON ROUGE LA 70817OccupancyN/Aclean and showO Todd Pevey
2378 FAIRWAY DR BATON ROUGE LA 70809ElectricalN/AChanging out existing 200 amp serviceO Charles Kennon
7949 JEFFERSON HWY BATON ROUGE LA 70809Commercial: RemodelN/A(Expedited Review) NAILS SALONO GERALD PEARSON
7575 JEFFERSON HWY BATON ROUGE LA 70806Commercial: RemodelN/A(Expedited Review) Tenant infill – Exercise FacilityO —
1142 CONVENTION ST BATON ROUGE LA 70802OccupancyN/Ahome officeO Collis Temple
30231 GREENWELL SPRINGS RD GREENWELL SPRINGS LA 70739OccupancyN/ACONTINUED USE OF STORAGE OF HOUSEHOLD GOODSO Phil Pike
8102 PETTIT RD BAKER LA 70714ElectricalN/APanel change outO Melissa Kidwell
1639 COBBLESTONE CT BATON ROUGE LA 70806ElectricalN/ADoing a complete service changeO Michael Victorian
2736 O'Neal Ln Baton Rouge LA 70816OccupancyN/Astorage/ warehouse,O Jimmy Garrett
9653 MAMMOTH AVE BATON ROUGE LA 70814ElectricalN/AService RebuildO —
8585 PICARDY AVE BATON ROUGE LA 70809Commercial: RemodelN/AInterior Renovations to an existing linear accelerator vault exam room for new equipment.O Peyton Grant
13180 COURSEY BLVD BATON ROUGE LA 70817Commercial: RemodelN/AChange of occupancy of 1315 s.f. Suite 102 from Business Office use to Smoke shop for retail sales of tobacco products and accessories (mercantile). No in-store smoking or alcohol sales. No structural, electrical, mechanical or plumbing changes.O Awais Zulfiqar
5425 STE C GALERIA DR BATON ROUGE LA 70816OccupancyN/AOffice spaceO Yasmeen Mohammed
8075 JEFFERSON HWY BATON ROUGE LA 70809Commercial: RemodelN/A(Expedited Review) Interior renovations of 1040 sq. ft. of an existing building.O James Manasseh
2934 YORKTOWN DR BATON ROUGE LA 70808Gas TestN/ALeak on gas service, utility meter was pulled for repairO Patty Merrick
3809 GOVERNMENT ST BATON ROUGE LA 70806OccupancyN/Aoffice spaceO Jak Kunstler
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