21 Sep Washington company purchases a Popeyes in Hammond

Posted at 10:35h in The Pulse, The Pulse: Northshore by ELIFIN® 0 Comments

A weekly update on the commercial real estate landscape of The Northshore.

Six commercial sales closed on the Northshore the week of September 21, 2026, totaling $6.1M in disclosed volume. The headline deal: Gursanjh Enterprises LLC paid $2.8M ($655/SF) for a convenience and gas station property on Southwest Railroad Avenue in Hammond. A Washington-based company acquired a Popeyes fast-food location on West University Avenue, while land and mixed-use properties rounded out the week’s activity across the market.

Commercial Sales Recorded Last Week

2201 SW Railroad Ave, Hammond, LA 70403

Type: Retail
Price: $2,825,000 ($655.00 / SF)
Buyer: GURSANJH ENTERPRISES LLC
Elifin’s Notes: A convenience/gas station property changes hands on Southwest Railroad Avenue.

14274 W University Ave, Hammond, LA 70401

Type: Retail
Price: $2,158,524 ($916.57 / SF)
Buyer: SOUTHERN SPICE BIRD LLC
Elifin’s Notes: A Washington-based company purchases a Popeyes fast food location.

700 Covington Ctr, Covington, LA 70433

Type: Mixed-Use
Price: $365,000 ($103.58 / SF)
Buyer: SALLES JR, WARREN J ESTATE OF
Elifin’s Notes: A mixed-use property with ground floor office space and second floor residential units changes hands on Covington Center.

Parcel 1, 2 Pontchartrain Dr, Slidell, LA 70458

Type: Land
Price: $325,000 ($4.05 / Land SF)
Buyer: CLECO POWER LLC
Elifin’s Notes: A 1+ acre parcel of commercial land sells next to North Shore Plaza on Pontchartrain Drive.

20471 Hwy 10, Kentwood, LA 70444

Type: Land
Price: $226,650 ($0.17 / Land SF)
Buyer: BROWN, RUDY PETER JR
Elifin’s Notes: A 30+ acre parcel of land sells on Highway 10 in Kentwood.

22256 Marshall Rd, Mandeville, LA 70471

Type: Land
Price: $187,500 ($3.56 / Land SF)
Buyer: LRT PROPERTIES LLC
Elifin’s Notes: A 1+ acre parcel of commercial land sell on Marshall Road.

Commercial Permits Issued Last Week

Address	Type	Value	Owner / Contractor
43037 NORTH BILLVILLE, Hammond	Electrical Utility (C) $0	Temp disconnect to reconnect for telecommunications tower	[O] N/A [C] Verizon
69284 HWY 21, Unit 300, Covington	Electrical (C) $0	Commercial electrical connection	[O] N/A [C] N/A
34 LOUIS PRIMA DR, Ste B, Covington	Electrical (C) $0	Commercial account name change	[O] N/A [C] N/A
5095 WALDEN PL, Mandeville	Electrical (C) $0	Replace meter pan, disconnect reconnect, running on generator	[O] N/A [C] N/A
706 DEER CROSS CT W, Madisonville	Electrical (C) $0	Commercial electrical connection	[O] N/A [C] N/A
31 PARK PLACE DR, Unit A, Covington	Electrical (C) $0	Commercial electrical connection	[O] N/A [C] N/A

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 $100,000. 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

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