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End-Unit Professional Office Condominium
For Sale
$225,000
Pending

500-600 Kennesaw Ave Nw, Marietta, GA 30060

Move-in-ready office suite with private offices, conference space, reception, kitchenette, and convenient surface parking.

Property Size1,100 SF
Days on Market72

Property Features for 500-600 Kennesaw Ave Nw

General Information

Standard status Pending
Size 1,100 SF
Occupancy 100%

Additional Details

Highway Access Yes
Office Units 1

Taxes and HOA fees

Annual Taxes $582

Building Details

Tenancy Single
Owner Occupied No
Listing Agency: Chambers Select Realty
Listed By: Amber Stout · License #422406
Source: Exprealty
Added: Aug 24 Changed: Oct 26 Last Checked: Nov 1 at 6:24AM

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 Chambers Select Realty

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Investment Insights

Based on property information with market context.

This approximately 1,100-square-foot office condominium is configured with three private offices, a dedicated conference room, reception area, kitchenette, and restroom. As an end unit, it benefits from abundant windows, including a corner office with glazing on two sides. Neutral finishes, crown molding, new windows, and a new front stoop contribute to a polished professional setting. The association replaced the roof within the past five years.

The office is part of the 600 Kennesaw Avenue condominium community in Marietta, with surface parking and access to downtown Marietta, Marietta Square, Wellstar Kennestone Hospital, Cobb Parkway, and I-75. The property is currently occupied by a law firm tenant, offering an existing income-producing configuration for an investor or future owner-user. Its layout is suited to legal, financial, insurance, consulting, medical, and other professional services.

Key Highlights

  • Approximately 1,100 square feet with three private offices and a dedicated conference room
  • End‑unit layout with abundant windows and a corner office featuring two‑sided exposure
  • Reception area, kitchenette, restroom, neutral finishes, and crown molding

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$14,730
Cap Rate
6.55%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$294,600 $294.6K
Cap Rate 7%
$210,429 $210.4K
Cap Rate 9%
$163,667 $163.7K
Market Conditions
NOI Build-Up for 1,100 SF
Gross rent
$26.3K $23.87/SF
− Vacancy
−$6.6K −$6.02/SF
EGI
$19.6K $17.85/SF
− OpEx
−$4.9K −$4.46/SF
NOI
$14.7K $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%
$294,600
Cap Rate 7%
$210,429
Cap Rate 9%
$163,667

Alternative Uses

Best Use
Office B
$210.4K
$184.1K – $245.5K (±1% cap)
NOI $14,730 @ 7.0% cap · market cap 6.55%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$308.9K
$270.3K – $360.4K (±1% cap)
NOI $21,622 @ 7.0% cap · market cap 9.61%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Nail Salon Grocery & Convenience Store Electrical Service (Bike/Boat/Book/etc) Store Auto Parts Store Auto Repair 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.

Lease Details

1
Office units
100%
Occupancy
Single-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

2,986
Businesses Nearby

Demographics for 30060, GA

39,890
Population
15,036
Households
2.7
Avg Household Size
32
Median Age
29%
College-Educated
79%
High-School Grad
15.5 sq mi
ZIP Area
2,574
Density / Sq Mi
$62,180
Median Household Income
$34,537
Median Earnings
$1,344
Median Rent
$282,200
Median Home Value

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 unit - Move-in-ready office suite with private offices, conference space, reception, kitchenette, and convenient surface parking.
Where is this office unit located?
The property is located at 500-600 Kennesaw Ave Nw Marietta, GA.
What is the asking price?
The asking price for this property is $225,000.
What are key features of this property?
This property features: Approximately 1,100 square feet with three private offices and a dedicated conference room; End‑unit layout with abundant windows and a corner office featuring two‑sided exposure; Reception area, kitchenette, restroom, neutral finishes, and crown molding
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