Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    3939 Royal Dr NW Bldgs. 100 & 200 Kennesaw, GA 30144

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Commercial space available for lease in Kennesaw, Georgia.

    Property Features for 3939 Royal Dr NW Bldgs. 100 & 200

    General Information

    Standard status
    Active

    We can help!

    Listing Contact
    Ben Newland
    Source: Crexi

    Listing Agency: Shaheen & Company Listing Agent: Ben Newland

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

    Learn more

    Overview

    Kennesaw Commercial Space for Lease

    Commercial space is available for lease at 3939 Royal Drive, NW, Buildings 100 & 200, in Kennesaw, GA 30144.
    Location Intelligence

    Current Use by Public Records

    Aquatic Fountains & Installation Construction Company Nautical Tropical Gifts ... (Bike/Boat/Book/etc) Store Marketplace Foods Group Grocery & Convenience Store 360 Creative Solutions ... Marketing & Advertising ITI Automation Production Facility

    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
    -84.6057194
    Latitude
    34.0490433

    Nearby Similar for Lease

    • $1,167 /Mo

      Kennesaw Office Space For Rent

      Spacious office with ample daylight in a high-traffic area.
      3105 Creekside Village Dr, Kennesaw, GA 30144
      View Details
    • $1,167 /Mo
      1,021 SF

      Kennesaw Office Space For Rent

      Spacious, modern office with ample natural light in Kennesaw.
      3105 Creekside Village Dr, Kennesaw, GA 30144
      View Details
    • $6,200 /Mo
      4,400 SF

      Kennesaw Office Condo For Lease

      Two-story office condo near Kennesaw State University available for lease.
      1301 Shiloh Rd NW, Kennesaw, GA 30144
      View Details
    • $1,700 /Mo
      1,260 SF

      Kennesaw Office Condo For Rent

      First-floor office condo with five offices, waiting room, and kitchenette.
      1350 Wooten Lake Rd, Kennesaw, GA 30152
      View Details
    • Sponsored
      Contact for pricing

      TownPark Center

      Discover many ways to work your way in TownPark Center
      125 Townpark Dr, Kennesaw, GA 30144
      View Details
    • $2,800 /Mo

      Kennesaw, GA 30144

      KENNESAW OFFICE BUILDING FOR LEASE RENT 2 STORY WITH BASEMENT
      Kennesaw, GA 30144
      View Details
    • $1,700 /Mo
      1,134 SF

      Functional Office Suite Near I-75

      Move-in ready office suite near I-75 and KSU.
      1301 NW Unit, Kennesaw, GA 30144
      View Details
    • $32 SF/Yr
      2,265 SF

      COMMERCIAL - Kennesaw, GA

      Two-story office condo near Kennesaw State University with handicap accessibility.
      1301 Shiloh Rd NW, Kennesaw, GA 30144
      View Details
    • $18 SF/Yr
      1,132 SF

      COMMERCIAL - Kennesaw, GA

      Move-in ready office suite near I-75, I-575, and KSU.
      1301 Shiloh Rd NW, Kennesaw, GA 30144
      View Details
    • $18 SF/Yr

      Retail Space in Kennesaw

      Retail spaces available for lease in Kennesaw, Georgia.
      4255 Wade Green Rd, Kennesaw, GA 30144
      View Details
    • Contact for pricing

      Kennesaw Office Building Near Interstates

      Office suites available for lease near I-75 and I-575.
      1925 Vaughn Rd, Kennesaw, GA 30144
      View Details
    • $11,750 /Mo

      Kennesaw Flex Space Available

      Flex space with outdoor storage in thriving Kennesaw location.
      3700 Kennesaw S Industrial Dr NW, Kennesaw, GA 30144
      View Details

    FAQs

    What type of property is this?
    Specialty property - Commercial space available for lease in Kennesaw, Georgia.
    Where is this specialty property located?
    The property is located at 3939 Royal Dr NW Bldgs. 100 & 200 Kennesaw, GA.
    What are key features of this property?
    This property features: - For Lease
    Request Owner's contact information
    3939 Royal Dr NW Bldgs. 100 & 200 Kennesaw, GA 30144
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    3939 Royal Dr NW Bldgs. 100 & 200
    Kennesaw, GA 30144
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    3939 Royal Dr NW Bldgs. 100 & 200 Kennesaw, GA 30144
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Ben Newland
    Learn More
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!