Three Former Bank Locations Sell to Local Investors

The June 7, 2021 issue covers eight commercial sales recorded across Baton Rouge the previous week. The headline deal: Exchangeright Net-Leased Portfolio 47 DST, California-based real estate investment firm Exchangeright, bought the Fresenius Medical Care facility on Groom Road in Baker. Retail led the week with four of the eight sales, including former Capital One branches on O'Neal Lane and Highland Road and a former credit union location on O'Neal Lane, while the owner of Advanced Office Systems bought an industrial property next to the company's office on Industriplex Boulevard.

By ELIFIN® Source: ELIFIN transaction database

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8Commercial sales recorded
4Retail sales, the most active type

Commercial Sales Recorded Last Week 8 sales

4353 Groom Rd

4353 Groom Rd

  • Office

Exchangeright, a California-based real estate investment firm, purchase Fresenius Medical Care in Baker.

BuyerExchangeright Net-Leased Portfolio 47 DST

11422 Industriplex Blvd

11422 Industriplex Blvd

  • Industrial

Advanced Office Systems owner purchases industrial property neighboring the company's office on Industriplex Blvd.

BuyerYellow Cotton Bay LLC

4517 Lassen Dr

4517 Lassen Dr

  • Specialty

All Nations Worship Assembly purchase their church building located just off Greenwell Springs Rd near the N Sherwood Forest Blvd intersection.

BuyerAll Nations Worship Assembly of Baton Rouge

2390 O'Neal Lane

2390 O'Neal Lane

  • Retail

Local investor purchases former Capital One branch on O'Neal Lane.

Buyer2390 O'Neal Property LLC

1747 O'Neal Lane

1747 O'Neal Lane

  • Retail

Local real estate agent purchases former credit union location on O'Neal Lane just north of the I-12 intersection.

Buyer1747 O'Neal Lane LLC

5025 Hollywood St

5025 Hollywood St

  • Retail

The owners of Frank and Drika's Plaza, a thrift store on the corner of Hollywood St and N Foster Dr, purchase the business's location.

BuyerFranklin & Juandrika Watson

6566 N Foster Dr

6566 N Foster Dr

  • Industrial

Georgia-based buyer purchases two industrial buildings on 1.75 acres off N Foster Dr just north of the Airline Hwy intersection.

BuyerLe Vo LLC

19980 Highland Rd

19980 Highland Rd

  • Retail

Local investor purchases former Capital One branch on Highland Rd near the Airline Hwy intersection.

BuyerDIDEBU LLC

Upcoming Planning Commission Cases 1 case

Zero Lot Line Subdivision Proposed near Tiger Bend Road & Elliot Road

Submitted by Deric Murphy

Proposed subdivision, Garden Hill Subdivision, and proposed rezoning from Rural to A2.6 (Zero Lot Line Residential). Property size 13.16 acres. Average size of proposed lots 5,175 SF. Subdivision Application – Rezoning Application

Commercial Permits Issued Last Week 39 permits

AddressTypeValueDescriptionOwner / Applicant / Contractor
8408 SCOTLAND AVE BATON ROUGE LA 70807Commercial: RemodelN/A(EXPEDITED) Facade Renovations to 3 attached commercial buildings on separate lots separated by masonry exterior walls (one of the buildings has 2 suites B&C). All 4 spaces have different addresses. Unit D will be reconstructed on existing foundation abutting the existing buildings on 2 sides. This Permit for 8408 Scotland Ave, (Suite A) No Electrical, mechanical or plumbing included, complete interior permits required.O BRADLY BROWN
17494 JEFFERSON HWY BATON ROUGE LA 70817ElectricalN/ATree fell on service replace service riserO Patsy Smart
10480 PERKINS RD BATON ROUGE LA 70810Commercial: Parking LotN/ASite work, parking lot, and landscape to serve a proposed 6,750 s.f. new restaurant. (Restaurant plans not received as of 4/20/21.)O Paul McGoey
112 FOUNDERS DR BATON ROUGE LA 70810MechanicalN/ARemove & Replace (4) existing heat pumps & (4) existing condenser mini splitsO —
544 N FOSTER DR BATON ROUGE LA 70806OccupancyN/ADispatch and customer service office/warehouse.O Robert Miller
10346 OAK COLONY BLVD BATON ROUGE LA 70817OccupancyN/AConstruction/Job Site Trailer. Sewer tie-in. Associated Building permit # 123157.O —
1019 LA CRETE LN BATON ROUGE LA 70810Commercial: RemodelN/AMay 2021 Flood – Flood damage renovation to 3,200 s.f. office/warehouse building. Scope of work includes replacing drywall, insulation and vanity/cabinets. 9 inches of water. No electrical or mechanical work per scope.O John Boes
11422 INDUSTRIPLEX BLVD BATON ROUGE LA 70809OccupancyN/AStorage for office equipment and supplies.O Donna Rumfola
5339 CHOCTAW DR BATON ROUGE LA 70805OccupancyN/AExisting Office/Warehouse to be used as marketing firmO Missy Brown
5425 STE B GALERIA DR BATON ROUGE LA 70816OccupancyN/Aexisting office spaceO Ashley Sterling
4040 BURBANK DR BATON ROUGE LA 70808Commercial: RemodelN/ADemo and Repairs to existing stairs and deck.O —
1766 BEAUMONT DR BATON ROUGE LA 70806OccupancyN/AExisting Warehouse/OfficeO James Myers
1006 W MC KINLEY ST BATON ROUGE LA 70802ElectricalN/A100 amp service on 35foot class 4 pole along railroad tracks feeding railroad signalO —
4600 SHERWOOD COMMON BLVD BATON ROUGE LA 70816OccupancyN/AOffice for holdings company.O Gary Binns
4619 BENNINGTON AVE BATON ROUGE LA 70808OccupancyN/AExisting nightclub.O Don Breaux
5600 BLUEBONNET BLVD BATON ROUGE LA 70809OccupancyN/ABuilding is exiting Hotel and We will keep this building as a Hotel.O Sam Sayania
2627 HURON ST BATON ROUGE LA 70805Commercial: RemodelN/ARenovation of exiting 2 story 2,500 s.f. quadplex, Units A, B, C and D of 625 s.f. Scope of work includes replacing sheetrock in some locations, electrical receptacles and switches, plumbing fixtures0 tubs, toilets and sinks, cabinets, flooring and patching parts of the roof with sheathing and shingles. No HVAC work per scope.O Wil'Liska Prevost
11346 PENNYWOOD AVE BATON ROUGE LA 70809Occupancy: CleanN/AClean and show.O Phil Scroggs
1614 CLEAR LAKE AVE BATON ROUGE LA 70808OccupancyN/AThis is a fourplex building for rentO ELhag Shaban
2698 S SHERWOOD FOREST BLVD BATON ROUGE LA 70816OccupancyN/AExisting restaurant now selling alcohol.O Robbie Hart
1526 N FOSTER DR BATON ROUGE LA 70806Commercial: RemodelN/AInterior renovation to finish out existing 7,165 s.f. vanilla box for Mercantile grocery store with food preparation and cooking use.O —
8552 SCOTLAND AVE BATON ROUGE LA 70807OccupancyN/ARetail StoreO Crystal Knox
16441 S HARRELL'S FERRY RD BATON ROUGE LA 70816Gas TestN/AGas test for rental unit #5502O —
3024 WESTFORK DR BATON ROUGE LA 70816OccupancyN/ABraid and Beauty ServicesO Jasmyne McCray
12526 GREENWELL SPRINGS RD BATON ROUGE LA 70814OccupancyN/AWarehouse for plumbing company.O Rachel Boitnott
15813 OLIVE GROVE DR ZACHARY LA 70791OccupancyN/AConstruction/Job site trailer. Sewer tie-in. In relation to Building Permit # 123446.O Rick Horton
807 MAYFLOWER ST BATON ROUGE LA 70802OccupancyN/ATurn electricity back on. Entergy requires a fresh inspectionO Sandra Shaw
5415 PLANK RD BATON ROUGE LA 70805Commercial: RemodelN/A(EXPEDITED) Remodel of an existing 1,340 SF Church's ChickenO —
4743 FLORIDA BLVD BATON ROUGE LA 70806DemolitionN/ADemolition of two one story buildings. Phase 2O Borden's Dairy (formally)
15555 GEORGE O'NEAL RD BATON ROUGE LA 70817Commercial: RemodelN/Aminor work to make bath room ADA accessible. Close in Garage to make offices. Adding sprinkler system. Convert from single family residence to group home.O Tanya Stuart
6002 STE B4 PERKINS RD Baton Rouge LA 70808OccupancyN/AOffice for construction company.O Jeff Patin
10932 COURSEY BLVD BATON ROUGE LA 70816Commercial: NewN/ANew construction of 13,388 s.f. metal bldg. for Business office (3,822 s.f.) and warehouse use (9,566 s.f.) for beauty supply, and parking/site work to serve.O —
11800 INDUSTRIPLEX BLVD BATON ROUGE LA 70809OccupancyN/AOffice/warehouse – field service parts and repair.O Kelwin Clark
9410 GREENWELL SPRINGS RD BATON ROUGE LA 70814ElectricalN/AGas station; Work is to resecure 2 2 rigid risers with unistrut and provide a new , secure insulated knob to catch lines from EntergyO Ahmad Hmdan
6401 BLUEBONNET BLVD BATON ROUGE LA 70836OccupancyN/AExisting Retail Suite space.O —
7353 ALBERTA DR BATON ROUGE LA 70808OccupancyN/AOffice/warehouse to store wrought iron doors, office for appointment, small show room.O —
6031 STE H SIEGEN LN BATON ROUGE LA 70809OccupancyN/AWILL BE USE FOR BAKERY AND RESTAURANT.O JOSE MORALES
3312 N ACADIAN THWY BATON ROUGE LA 70805OccupancyN/APainting, replacing doors, ceiling Fans, n floors, etc…O Gwendolyn Smith
2512 SHADOWBROOK DR BATON ROUGE LA 70816ElectricalN/ARepair service, Service was struck by lighting. Please call 225-939-6731 If need entryO Travis Noote
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