Main-Level Office
For Sale
$145,000
3440 Blue Springs Road, Kennesaw, GA 30144
Main-level office suite with a kitchenette and private restroom, currently leased through November 2026.
Property Size950 SF
Price / SF$152.63
Days on Market126
Property Features for 3440 Blue Springs Road
General Information
Standard status
Active
Size
950 SF
Property subtype
Other
Occupancy
100%
Taxes and HOA fees
Annual Taxes
$1,658
Amenities
A/C - Other
3
Carpet
Parking.
4 Parking Spaces. Lot.
Level
958.32
County Road, Paved Road, Level.
Building Details
Year Built
2006
Listing Agency:
BHHS Georgia Properties
(770) 720-1400
Listed By:
Cassie Rasco · License #419277
(770) 720-1400
Source:
Xome
Added: Apr 8
Changed: Aug 8
Last Checked: Aug 11 at 5:08AM
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 BHHS Georgia Properties
Investment Insights
Based on property information with market context.
This main-level office suite is designed for everyday work, featuring a kitchenette and a private restroom. The space is currently leased through November 2026, providing in-place rental income with the flexibility for a future owner-occupant or repositioning.
For Sale at 3440 Blue Springs Road NW, Unit 102 in Kennesaw, GA, the suite is part of an office-focused property offering office units and office spaces.
With its self-contained amenities and established tenancy, the unit offers a straightforward option for investors and owner-users seeking a manageable office configuration.
For Sale at 3440 Blue Springs Road NW, Unit 102 in Kennesaw, GA, the suite is part of an office-focused property offering office units and office spaces.
With its self-contained amenities and established tenancy, the unit offers a straightforward option for investors and owner-users seeking a manageable office configuration.
Key Highlights
- Main‑level office suite with kitchenette and private restroom
- Currently leased through November 2026
- Exterior includes 4 parking spaces on a lot with parking
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
$12,722
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
8.77%
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%
$254,440
$254.4K
Cap Rate 7%
$181,743
$181.7K
Cap Rate 9%
$141,356
$141.4K
Market Conditions
NOI Build-Up for 950 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
$22.7K $23.87/SF
− Vacancy
−$5.7K −$6.02/SF
EGI
$17.0K $17.85/SF
− OpEx
−$4.2K −$4.46/SF
NOI
$12.7K $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 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%
$254,440
Cap Rate 7%
$181,743
Cap Rate 9%
$141,356
Alternative Uses
Best Use
Office B
$181.7K
$159.0K – $212.0K
NOI $12,722 @ 7.0% cap · market cap 8.77%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$266.8K
$233.4K – $311.2K
NOI $18,673 @ 7.0% cap · market cap 12.88%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
420
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
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Frequently Asked Questions
What type of property is this?
Office units - Main-level office suite with a kitchenette and private restroom, currently leased through November 2026.
Where is this office units located?
The property is located at 3440 Blue Springs Road Kennesaw, GA.
What is the asking price?
The asking price for this property is $145,000.
What are key features of this property?
This property features: Main‑level office suite with kitchenette and private restroom; Currently leased through November 2026; Exterior includes 4 parking spaces on a lot with parking
