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Property profile & analytics
OFF-MARKET Estimated value $13,150,000
Strip malls

2090 Baker NW Rd Kennesaw, GA 30144-4600

72,893 SF 8.68 ac lot Built 2004
Entity Owned 3-yr Hold Absentee Owner Free & Clear
Property ID
US22-1421074
Property summary
AI-generated overview

Kennesaw Walk, a 68,774 square foot neighborhood shopping center in Cobb County, Georgia, offers a prime retail opportunity. Located at 2090 Baker Road, Kennesaw, GA 30144, this multi-tenant shopping center boasts a strong anchor tenant, Publix, and benefits from its location in a thriving suburban Atlanta submarket. The property sits on an 8.71-acre lot and was built in 2004. Currently, there is 2,480 square feet of vacant space available, divisible into units ranging from 1,080 to 1,440 contiguous square feet. The center enjoys high visibility due to its position between Baker Road and Jiles Road, experiencing nearly 31,000 average daily traffic counts (ADT). A significant portion of the existing tenants (55%) have occupied their spaces since the center's construction, demonstrating the property's enduring appeal and strong tenant retention. This presents a unique opportunity to join a well-established and successful retail center in a high-growth area. The property's location and established tenant base make it an attractive investment for businesses seeking a strong foothold in the Kennesaw market.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2004
Total area 72,893 SF
Lot 8.68 ac (378,231 SF)
Zoning code CRC
APN 20006200110
UPID US22-1421074
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
  • H&R Block Tax Preparation
  • Another Chapter Agency Business Service Center
  • higi Physician
  • Dementia Care Consultants for Assisted Living Communities and Personal Care Homes Association / Organization
  • Big Pie In the Sky Pizzeria Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$8.65M
CAP Approach CAP
$18.02M
Comparable Approach Comparable
$12.25M
Blend (final) Blend
$13.15M
Owner & transaction history
So Kennesaw Walk Jv LLC · 3 yrs held
So Kennesaw Walk Jv LLC
since 2022
Last sale
$13.5M
4 recorded transactions
2022
$13.5M
2019
Price N/A
2018
Price N/A
2005
$14.6M
Zoning & alternative use
CRC · Kennesaw, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building $17.9M +25.4%
Retail stores $15.9M +11.2%
Apartment house (5+ units) $15.6M +9.1%
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