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One-Story Office Building
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2015 Vaughn Rd, Kennesaw, GA 30144

Multi-tenant office property with flexible floor plan options and direct access to Barrett Parkway.

Property Size30,965 SF
Price / SF$358.47
Days on Market241

Property Features for 2015 Vaughn Rd

General Information

Standard status Active
Size 30,965 SF
Class B
Property subtype Office
Occupancy 100%
Lease Type NNN
Investment Type Stabilized
Net Operating Income $774,125

Building Details

Year Built 2008
Year Renovated 2026
Buildings 1
Stories 1
Tenancy Single
Listing Agency: Marcus & Millichap - Chicago Downtown
Listed By: Frank Roti · License #IL 475.139806
Source: Crexi
Added: Feb 19 Changed: Oct 15 Last Checked: Oct 16 at 7:17AM

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 Marcus & Millichap - Chicago Downtown

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Investment Insights

Based on property information with market context.

Building 500 at The Park at Barrett is a 76,142-square-foot, one-story office building with two current tenants and multiple floor plan configurations. The property is currently 58% occupied and includes approximately 241 parking spaces across approximately 8.22 acres. It is one of five buildings within the office park, while the other four buildings are reported as 100% leased.

Located at 2015 Vaughn Road in Kennesaw, the property sits directly off I-75 with immediate access to Barrett Parkway. Cobb County Airport–McCollum Field is within 1 mile, and the building’s interstate access connects it with the Atlanta metro area, the Southeast, and the eastern seaboard.

Key Highlights

  • 76,142‑square‑foot one‑story office building
  • Current occupancy of 58% with two existing tenants
  • Approximately 8.22 total acres and 241 parking spaces

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$414,654
Cap Rate
3.74%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$8,293,080 $8.3M
Cap Rate 7%
$5,923,629 $5.9M
Cap Rate 9%
$4,607,267 $4.6M
Market Conditions
NOI Build-Up for 30,965 SF
Gross rent
$739.1K $23.87/SF
− Vacancy
−$186.3K −$6.02/SF
EGI
$552.9K $17.85/SF
− OpEx
−$138.2K −$4.46/SF
NOI
$414.7K $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 Rate 5%
$8,293,080
Cap Rate 7%
$5,923,629
Cap Rate 9%
$4,607,267

Alternative Uses

Best Use
Office B
$5.92M
$5.18M – $6.91M (±1% cap)
NOI $414,654 @ 7.0% cap · market cap 3.74%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$8.69M
$7.61M – $10.14M (±1% cap)
NOI $608,648 @ 7.0% cap · market cap 5.48%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Lisa Ade Physician Excel Electrical Technologies Electrical Service Selectek, Inc. Employment Agency Kennesaw Home Remodeling Hardware & Home Improvement Advance Me Inc Loan Service

Suggested Use

Top Pick Locksmith Grocery & Convenience Store (Bike/Boat/Book/etc) Store Food Market Parking Lot & Garage Barber Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

702
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025

Frequently Asked Questions

What type of property is this?
Office building - Multi-tenant office property with flexible floor plan options and direct access to Barrett Parkway.
Where is this office building located?
The property is located at 2015 Vaughn Rd Kennesaw, GA.
What is the asking price?
The asking price for this property is $11,100,000.
What are key features of this property?
This property features: 76,142‑square‑foot one‑story office building; Current occupancy of 58% with two existing tenants; Approximately 8.22 total acres and 241 parking spaces
(312) 787-0666 Call to check price and availability
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