Parkway Executive Suites 2002 20th St 10,998 SF 100% Leased Office Building Kenner, LA 70062 $1,478,116 CAD ($134.40 CAD/SF)

This is a two building complex with both buildings sharing common access, and both buildings being 2-story walk-ups.
There are a combined 16 commercial units. This complex was originally developed as a 16 unit executive suite office condominium complex. The Condominium
is still in place but all units are owned by the same entity. As a result there are no monthly association fees paid for common area costs. The current ownership
operates the property similarly to a multi tenant commercial building.
The tenant mix is all small office and service type occupancy and stays leased.
If a buyer was so inclined units could be marketed for sale as condo units - perhaps an exit strategy for either reducing risk or basis.
Building A, the front building on Williams, is estimated to be 6388 gross square feet and the rear building is estimated to be 8018 gross square feet.
The current owner will consider a sale subject to owner financing or bond for deed. These terms are negotiable subject to buyer creditworthiness and amount of
down payment.
Asking rents range from $1100/month to $1350/month.