50 Chastain Ctr NW Blvd Kennesaw, GA 30144-5545

Property Details for 50 Chastain Ctr NW Blvd

Year built

1987

Lot size

1.18 lot acres

Property size

9,702 SF

Zone code

GC/WS

Property type

Office buildings

APN

16036300060

APU

16036300060

Description

This exceptional investment opportunity presents a 10,010-square-foot mixed-use building in Kennesaw, Georgia, currently operating at 100% occupancy. Located at 50 Chastain Center Blvd, 30144, this property boasts convenient access to I-575 and I-75, ensuring high visibility and accessibility. The building is currently leased to a single tenant under a triple-net (NNN) lease agreement with a remaining term of 9.5 years on a 10-year lease. The tenant possesses excellent credit, mitigating risk and providing financial stability. The asking price is $3,630,000, translating to a price per square foot of $362.64 and a compelling 6.12% capitalization rate. This property offers a strong, stable income stream with significant long-term potential. The property's classification includes Mixed Use, Office, and Retail components, providing versatility and potential for future expansion or adaptation. This is an ideal investment for those seeking a secure, high-return property with a proven track record of success in a thriving Georgia market. The property's location in Cobb County offers a strong demographic profile and robust economic activity. This turnkey investment requires minimal management, making it an attractive option for both seasoned and new investors.

Location Insight

City

Kennesaw

County

Cobb

State

Georgia

Longitude

-84.5665

Latitude

34.0363

CBSA code

12060

CBSA name

ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments