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    2573 Summers NW St Kennesaw, GA 30144-3545
    Property profile & analytics

    2573 Summers NW St, Kennesaw, GA 30144-3545

    View on Map

    • Auto shops
    • 11,209 SF
    • 0.95 lot acres
    Off-Market
    Last Sale May 8, 2024
    $1,100,000
    Property ID
    US22-1440274
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $1,100,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Auto Glass Response Team / Auto Repair Shop / (Bike/Boat/Book/etc) Store

    Property Details for 2573 Summers NW St

    Year built
    1974
    Lot size
    0.95 lot acres
    Zone code
    LI
    Property type
    Auto shops
    APN
    20016700410
    APU
    20016700410

    Description

    This exceptional investment opportunity presents a brand-new, 11,200-square-foot retail building in Kennesaw, Georgia, constructed in 2024. The property boasts a 10-year net lease with a prominent tenant lineup including Dollar General, Sherwin-Williams, O'Reilly Auto Parts, and Harbor Freight. The lease commenced on December 31, 2024, and expires December 31, 2034, offering a remaining term of 10.1 years. The property features upgraded Hardie siding with brick architectural features, and is situated on a 1-3 acre lot. The asking price is $3,419,000, representing a price per square foot of $305.27 and a 5.85% cap rate. The property enjoys a 100% occupancy rate, with a projected Net Operating Income (NOI) of $200,012. The lease includes 6/5-year options with 8% rent bumps. This Class A property benefits from a strong retail corridor, high traffic counts (over 42,000 cars per day on Cobb Parkway), and excellent demographics, including an average household income exceeding $110,000 within a 1-mile radius and over 174,000 residents within a 5-mile radius. Its strategic location near Interstate 75 and Dobbins Air Force Base further enhances its appeal. The property is offered fee simple and is suitable for a 1031 exchange. This is a rare opportunity to acquire a high-quality, net-leased retail investment with strong tenant occupancy and significant upside potential.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $1,100,000
      ML approach
      $1,100,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,097,000
      Market price range: $1.10M - $3.91M

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Kennesaw
    County
    Cobb
    State
    Georgia
    Longitude
    -84.6146
    Latitude
    34.0169
    CBSA code
    12060
    CBSA name
    ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $9,045
    $187,240
    $112,760
    $300,000
    -
    $468,100
    $281,900
    $750,000
    More about this property
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