2090 Baker RdKennesaw, GA 30144

Property Details for 2090 Baker Rd

Year built

2004

Lot size

8.68 AC

Property size (Sq ft)

72,893 SF

Zone code

CRC

Property type

Retail properties

Property subtype

Strip malls

APN

20006200110

APU

20006200110

Description

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.

• CAP approach

  CAP return

  Valuation

  6%

  $22,663,266

  6.5%

  $20,919,938

  7%

  $19,425,656

• Comparable approach

  Method

  Valuation

  Relative Method

  $29,921,318

  Geo Method

  $35,830,640

• Alternative Use

  Use

  Valuation

  Residential

  $17,646,750

  Hospitality

  $16,164,328

  Educational

  $13,448,531

  Medical

  $13,911,047

  Retail

  $20,919,938

Location Insight

City

Kennesaw

County

Cobb

State

Georgia

Latitude

34.0494

Longitude

-84.6106

CBSA code

12060

CBSA name

ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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