Property Listing No Longer Available for Sale

1015 Cobb Place Boulevard, Kennesaw, GA

Office for Sale - $10,350,000 - 51,152 Sq. Ft. on 3.33 acres


Property Info

CIMLS#963757
Location
  1015 Cobb Place Boulevard
  Kennesaw GA 30144
UpdatedFebruary 19th, 2018
TypeOffice
Price$10,350,000
Building51,152 Sq. Ft.
Land3.33 acres

Property Description

Opportunity to acquire a single tenant net lease office building at a cap rate of 8% leased thru 2021 to Aaron's, Inc. The tenant is currently moving out and is responsible for the lease. This provides a lengthy window of opportunity with flexible move-in date for either your business or the perfect tenant.

Located in the popular Kennesaw market just off I-75, 10 miles north of Atlanta's I-285. Kennesaw is a premiere destination for businesses and families. This vibrant market area continues to grow in popularity, as it provides the perfect combination of affordable housing, high ranking schools, good jobs, large city amenities and small town charm. As demand in Kennesaw has increased over the past four years, vacancy rates have steadily declined from 12% to the current 8%.

Location Description:

Kennesaw

Highlights:

>> National credit tenant

>> 2-story brick building

>> Built in 2001

>> 51,152 total rentable SF

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Financials