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    4255 Wade Green Rd Kennesaw, GA 30144

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    For Lease
    $18 SF/Yr

    Retail spaces available for lease in Kennesaw, Georgia.

    Building Details

    Year built
    2009

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    Listing Contact
    Jared Daley
    Source: Tcnworldwide

    Listing Agent: Jared Daley

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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    Overview

    Retail Space in Kennesaw

    Wade Green Commons, located on Wade Green Road near Interstate 75 in Kennesaw, offers retail spaces for lease. The property is situated at a signalized intersection across from Wade Green Crossing Shopping Center. The surrounding area is heavily commercial, with national credit tenants such as BP, Dollar Tree, LA Fitness, Big Lots, O’Reilly Auto Parts, Firehouse Subs, Primrose School, Arby’s, McDonald’s, Starbucks, and Bank of America nearby. There is approximately 4,900 total square feet available for lease. Suite 120 offers approximately 1,250 square feet and will be available starting March 1, 2026. Suite 225 provides approximately 1,250 square feet and will be available in Spring 2026. Suite 425 features approximately 1,150 square feet and is available immediately. Suite 615 offers approximately 1,250 square feet and is available immediately. The lease rate is $18 per square foot per year, with an additional $2.50 per square foot per year for CAM.
    Location Intelligence

    Current Use by Public Records

    WorldWatch Plus (Bike/Boat/Book/etc) Store Jaime & Santos Employment Agency Melissa Clawson M.A.,LPC Counselor Lane Gormley, EdS,LPC,NCC Counselor Rheumatology Care of Georgia Physician

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Kennesaw
    County
    Cobb
    State
    Georgia
    Longitude
    -84.59447
    Latitude
    34.056784

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      Retail Space in Kennesaw

      Retail spaces available for lease in Kennesaw, Georgia.
      4255 Wade Green Rd, Kennesaw, GA 30144
      View Details
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      Kennesaw Office Space Available

      Office space for lease in a commercial Kennesaw location.
      4255 Wade Green Rd NW, Kennesaw, GA 30144
      View Details

    FAQs

    What type of property is this?
    Retail space - Retail spaces available for lease in Kennesaw, Georgia.
    Where is this retail space located?
    The property is located at 4255 Wade Green Rd Kennesaw, GA.
    What is the lease rate?
    The lease rate is $18 SF/Yr.
    What are key features of this property?
    This property features: - Located off Interstate 75 in Kennesaw with accessibility at a signalized intersection.; - Located in a heavily commercial area with nearby national credit tenants.; - **±4,900 Total SF Available for Lease.**
    (404) 876-1640
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    4255 Wade Green Rd Kennesaw, GA 30144
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4255 Wade Green Rd Kennesaw, GA 30144
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    Listing Contact
    Jared Daley
    (404) 876-1640 (678) 596-8844
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