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Property profile & analytics
FOR LEASE
Office buildings

2045 Vaughn Rd NW Kennesaw, GA 30144

46,232 SF 4.93 ac lot Built 2001
Individually Owned 21-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US22-1367605
Property summary
AI-generated overview

This exceptional 28-acre industrial property in Kennesaw, Georgia, presents a unique investment opportunity. The Park at Barrett comprises four existing one-story flex office buildings totaling 187,373 square feet, currently at 77.82% occupancy. Approximately 41,563 square feet of vacant space is available across the four buildings (100, 300, 400, and 500). The property also includes 5.93 acres of pad-ready land, complete with existing parking, stormwater, and utility infrastructure. Zoned for Light Industrial, allowing for office or flex uses, this versatile property offers significant potential for expansion and development. Located within the Town Center Community Improvement District (CID), it benefits from a thriving community with over 24,000 employees and 11,000 residents. Its strategic location offers excellent connectivity to Interstates 75, 575, and is approximately 10 miles from I-285, providing easy access to major transportation routes. The asking price is $32,500,000, and both land and buildings are available for separate purchase. Pad-ready concepts are available for a 36,000 square foot office building or a 24,000 square foot flex building. This property is ideally situated adjacent to Cobb County International Airport, making it an attractive location for businesses seeking convenient access to air travel. The property is classified as Class B and the lease type is NNN with multi-tenancy.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 2001
Total area 46,232 SF
Lot 4.93 ac (214,576 SF)
Zoning code LI
APN 20017300550
UPID US22-1367605
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Lisa Ade Physician
  • Excel Electrical Technologies Electrical Service General Contractor
  • Selectek, Inc. Employment Agency
  • Kennesaw Home Remodeling Hardware & Home Improvement Interior Design
  • Advance Me Inc Loan Service
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$10.16M
Comparable Approach Comparable
$7.05M
Blend (final) Blend
$8.22M
Owner & transaction history
P Barrett · 21 yrs held
P Barrett
since 2005
1 recorded transaction
2005
Price N/A
Zoning & alternative use
LI · Kennesaw, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building $11.4M +78.2%
Retail stores $10.1M +58.1%
Apartment house (5+ units) $9.9M +55.1%
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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