Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    2400 Barrett Lakes Blvd Kennesaw, GA 30144

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    2400 Barrett Lakes Blvd Kennesaw, GA 30144

    View on Map
    • Retail properties & Spaces
    • 117,600 SF
    • 16.93 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • R&L Carriers / Shipping Company / Freight Service

    Property Details for 2400 Barrett Lakes Blvd

    Year built
    1990
    Lot size
    16.93 lot acres
    Property size
    117,600 SF
    Property type
    Retail properties & Spaces

    Description

    This exceptional 117,600 square foot retail center, located at 2400 Barrett Lakes Blvd in Kennesaw, Georgia, presents a unique investment opportunity. Built in 1990 and situated on a generous 16.93-acre lot, the property is currently fully vacant and offers significant potential for redevelopment or lease. The center is zoned HI in Cobb County and boasts convenient access to Interstates 75 and 575, ensuring high visibility and accessibility for businesses. Multiple tenancy options are available, with spaces ranging from a minimum of 4,100 square feet to a maximum contiguous space of 9,000 square feet. The entire 117,600 square feet is available for lease. This prime location offers businesses the chance to establish a strong presence in a thriving Kennesaw market. The property's size and location make it ideal for a variety of retail uses. Interested parties should note the property's 30144 zip code. This is a rare opportunity to acquire a substantial retail property in a highly desirable location.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Kennesaw
    County
    Cobb
    State
    Georgia
    Longitude
    -84.5754
    Latitude
    34.0139

    Comparable in this City

    • Value Estimation by Request
      0.62 Acres

      2921 Moon Station Rd

      Land • 2,032 SF
      2921 Moon Station Rd, Kennesaw, GA 30144
      View Details
    • Value Estimation by Request
      1,000 SF

      Charming Cafe And Wine Bar For Sale In Kennesaw Ga!!!

      Restaurants • 1,000 SF
      0 Charming Cafe And Wine Bar For Sale In Kennesaw Ga!!!, Kennesaw, GA 30144
      View Details
    • Value Estimation by Request
      1.06 Acres

      Town Ctr Dr

      DEPARTMENT STORE • 1.06 Acres
      Town Ctr Dr, Kennesaw, GA 30144
      View Details
    • Value Estimation by Request
      3,932 SF

      2921 Cherokee St

      Individual retail properties • 3,932 SF
      2921 Cherokee St, Kennesaw, GA 30144
      View Details
    • Value Estimation by Request
      72,168 SF

      667-735 Ernest Barrett Pkwy

      Retail properties & Spaces • 72,168 SF
      667-735 Ernest Barrett Pkwy, Kennesaw, GA 30144
      View Details
    • Value Estimation by Request
      3,932 SF

      2921 Cherokee St

      Restaurants • 3,932 SF
      2921 Cherokee St, Kennesaw, GA 30144
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      6,000 SF

      Kennesaw Retail and Industrial Space

      6,000 SqFt retail and industrial space for sale.
      4147 Jiles Rd, Kennesaw, GA 30144
      View Details
    • $499,000
      798 SF

      Commercial Corner Lot and Building

      1.54 acre commercial lot with building and open zoning.
      3905 Jiles Rd NW, Kennesaw, GA 30144
      View Details
    • $650,000
      1.29 Acres

      Kennesaw Commercial Land - High Traffic

      Prime 1.3-Acre Commercial Lot
      3792 Cherokee St, Kennesaw, GA 30144
      View Details
    • $2,991,000
      510 SF

      Kennesaw Retail Space For Sale

      Drive-thru coffee shop in premier retail corridor, Kennesaw, GA.
      853 Ernest W Barrett Pkwy NW, Kennesaw, GA 30144
      View Details
    • $150,000
      1.84 Acres

      Kennesaw Commercial Land - $150K

      1.84-acre commercial lot, ideal retail development.
      4286 Bells Ferry Rd, Kennesaw, GA 30144
      View Details
    • Contact for pricing
      1,134 SF

      Kennesaw Office Unit For Sale

      1,134 SF office unit in Kennesaw, Georgia.
      1275 Shiloh Rd, Kennesaw, GA 30144
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Retail Space on Ernest Barrett

      Retail space available in Kennesaw with high traffic counts.
      667-735 Ernest Barrett Pkwy, Kennesaw, GA 30144
      View Details
    • Contact for pricing

      Retail Space on Barrett Parkway

      Retail opportunity with high traffic and convenient highway access.
      425 Ernest W Barrett Pkwy NW, Kennesaw, GA 30144
      View Details
    • Contact for pricing

      Retail Space Available For Rent

      Retail space available for rent at 955 Ernest W Barrett Pkwy.
      955 Ernest W Barrett Pkwy NW, Kennesaw, GA 30144
      View Details
    • Contact for pricing

      Freestanding Retail Building on Parkway

      Freestanding retail building on 2.39 acres near I-75.
      615 Ernest W Barrett Pkwy Northwest, 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

      Retail Space in Kennesaw, GA

      Retail space available in a busy Kennesaw shopping center.
      425 Ernest Barrett Pkwy, Kennesaw, GA 30144
      View Details
    Request Owner's contact information
    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.
    2400 Barrett Lakes Blvd
    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
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!