Derbes Falgoust Commercial Real Estate
Kirk's Tires sells Airline property for $3M, plans move to new location south of I-12
After more than 20 years in business at 9555 Airline Highway, Kirk's Tires and Accessories has sold its 58,000-square-foot property and is relocating to a new site on Airline, south of Interstate 12. Brewster Holdings Baton Rouge LLC, acquired the property from Kirk's in a transaction that closed Tuesday. The sale price was $3 million. Kirk's owner Kirk Napoli decided to move to the new site at 11740 Airline Highway because it's a better fit for his business, says real estate agent Chris Pike of Mike Falgoust and Associates, who represented Kirk's Tires in the sale. "Kirk's does a lot of business with the industrial contractors in town, so it's a more convenient location for his existing customers," Pike says. "He has owned the real estate for quite a while and this was a way to capitalize on selling the asset and getting a more convenient location." Kirk's will be leasing at its new location, which is scheduled to open some time in November. Brewster Holdings' plans for the space at 9555 Airline Highway are unclear, and Pike declines to comment. According to the Louisiana Secretary of State's website, Brewster Holdings Baton Rouge is owned by Robert and Billie Comeaux of Covington, who own the American Factory Direct Furniture Outlets chain. The company currently has a Baton Rouge store at the Mall of Louisiana.
Article Provided by The Greater Baton Rouge Business Report | Stephanie Riegel