Single-Unit Office
For Sale
$262,500
1275 Shiloh Rd NW STE 2750, Kennesaw, GA 30144
A 1,134 SF office building built in 2003 with C3 zoning and one dedicated unit.
Property Size1,134 SF
Price / SF$231.48
Days on Market185
Property Features for 1275 Shiloh Rd NW STE 2750
General Information
Standard status
Active
Size
1,134 SF
Class
C
Property subtype
Multi Tenant Office
Zoning
C3
Building Details
Building Size
1,134 SF
Year Built
2003
Listing Agency:
KW Commercial
(770) 992-3356
Listed By:
Rocky Kaufmann · License #248712
(770) 992-3356
Source:
Thebrokerlist
Added: Feb 18
Changed: Aug 21
Last Checked: Aug 21 at 3:58AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of KW Commercial
Investment Insights
Based on property information with market context.
This single-unit office building offers 1,134 SF and was built in 2003. The property is zoned C3, giving it flexibility for office-based uses within the applicable zoning framework.
Located on Shiloh Rd NW in Kennesaw, GA, the area places the property near Kennesaw State University and Town Center at Cobb, with the Kennesaw Mountain National Battlefield Park also nearby. The surrounding area includes dining, retail, and recreational amenities that support professional use.
With one office unit in the building, the layout is well suited for an organization seeking a dedicated, single-tenant setting under C3 zoning.
Located on Shiloh Rd NW in Kennesaw, GA, the area places the property near Kennesaw State University and Town Center at Cobb, with the Kennesaw Mountain National Battlefield Park also nearby. The surrounding area includes dining, retail, and recreational amenities that support professional use.
With one office unit in the building, the layout is well suited for an organization seeking a dedicated, single-tenant setting under C3 zoning.
Key Highlights
- 1,134 SF office building built in 2003
- Single dedicated unit layout
- C3 zoning for office‑based uses
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$15,185
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.78%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$303,700
$303.7K
Cap Rate 7%
$216,929
$216.9K
Cap Rate 9%
$168,722
$168.7K
Market Conditions
NOI Build-Up for 1,134 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$27.1K $23.87/SF
− Vacancy
−$6.8K −$6.02/SF
EGI
$20.2K $17.85/SF
− OpEx
−$5.1K −$4.46/SF
NOI
$15.2K $13.39/SF
Area
Cobb County, GA
Vacancy
25.20%
Lease Rate
$23.87 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$303,700
Cap Rate 7%
$216,929
Cap Rate 9%
$168,722
Alternative Uses
Best Use
Office B
$216.9K
$189.8K – $253.1K
NOI $15,185 @ 7.0% cap · market cap 5.78%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$318.4K
$278.6K – $371.5K
NOI $22,290 @ 7.0% cap · market cap 8.49%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
763
Businesses Nearby
Explore this area
Business Placement
Demographics for 30144, GA
53,984
Population
22,843
Households
2.4
Avg Household Size
34
Median Age
45%
College-Educated
94%
High-School Grad
22.1 sq mi
ZIP Area
2,443
Density / Sq Mi
$84,628
Median Household Income
$41,693
Median Earnings
$1,745
Median Rent
$310,400
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Office units - A 1,134 SF office building built in 2003 with C3 zoning and one dedicated unit.
Where is this office units located?
The property is located at 1275 Shiloh Rd NW STE 2750 Kennesaw, GA.
What is the asking price?
The asking price for this property is $262,500.
What are key features of this property?
This property features: 1,134 SF office building built in 2003; Single dedicated unit layout; C3 zoning for office‑based uses
