Investors – this is an opportunity to own a high-quality office asset which produces $66,000 annually from a long term tenant, has an outstanding location, and requires little to no maintenance. CAM, Taxes, and Insurance paid by Tenant in their rent via Condo Association Fee, as well as utilities. Roof and grounds are also maintained by the Condo Association. This unique office building is well located at the intersection of Barrett Parkway and Cobb Parkway (US Highway 41). Across the street is the Cobb Marketplace, a 288,000 sq. ft. retail center with tenants such as Whole Foods, Academy Sports, and Hobby Lobby, plus several food service and other retailers including a Starbucks Coffee. The property is well-built and maintained, with a Class A Office feel. This size is tough to find in this submarket, which maintains a high occupancy rate. Contact the agent for further financial information or to set up an appointment.
- Price:
- $875,000
- Square Footage:
- 4,183
- Acreage:
- 0.08
- Year Built:
- 2006
- Listing ID #:
- 7126497
- Street Address:
- 1300 Ridenour Blvd Nw Unit 200
- City:
- Kennesaw
- State:
- Georgia
- Postal Code:
- 30152
- County:
- Cobb
- Listing Status:
- Active Under Contract
- Listing Type:
- Commercial Sale
- Building Condition:
- Resale
- Building Security:
- Fire Alarm, Fire Sprinkler System, Security Lights
- Construction Type:
- Brick 4 Sides, Concrete, Stucco
- Flooring:
- Carpet, Ceramic Tile
- Has Handicap Features:
- Accessible Doors, Accessible Electrical And Environmental Controls, Accessible Elevator Installed, Accessible Entrance, Accessible Hallway(s), Accessible Kitchen
- Interior Features:
- Reception Area, Restrooms, Other
- Stories:
- Three Or More
- Total # Of Buildings:
- 1
- Total Building Square Footage:
- 4183
- Type Of Roof:
- Built-Up, Flat
- Windows:
- Insulated Windows
- Year Built:
- 2006
- Business Type:
- Professional/Office
- Gross Income:
- 66000
- Net Operating Income:
- 66000
- Conforms To Zoning:
- Pvc
- Lot Features:
- Curbs & Gutters, Free Standing, Sidewalk, Street Lights
- Road Frontage Type:
- City Street, Highway
- Road Type:
- Asphalt
- Days On Market:
- 154
- On Market Date:
- 2022-10-05
- Originating Mls:
- First Multiple Listing Service
- Special Search:
- Corporate Owner
- Terms:
- Cash, Conventional
- Property Taxes:
- $5,562
- Tax Year:
- 2022
- Parking Description:
- Parking Lot
- Parking Spaces:
- 106
- Cooling System:
- Central Air, Separate Meters
- Electricity:
- 110 Volts, 220 Volts
- Existing Water:
- Public
- Heating:
- Central, Forced Air
- Utilities:
- Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.
Your Payment
$1,400/mo
Source: CINC
- Listing Provided By: Mark Stockwell () with Virtual Properties Realty.com
-
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