250 Chastain RdKennesaw, GA 30144

Property Details for 250 Chastain Rd

Year built

2006

Lot size

0.77 AC

Property size (Sq ft)

17,636 SF

Zone code

LRO

Property type

Office buildings

APN

16036500460

APU

16036500460

Description

This exceptional 9,800-square-foot Class B office building, situated at 250 Chastain Road NW in Kennesaw, Georgia (30144), offers a prime location with convenient access to I-575 via Exit 3. Built in 2006 and renovated in 2018, the two-story building features two suites totaling 9,800 square feet, with a minimum divisible space of 4,224 square feet. The property boasts a 10-foot ceiling height and ample parking with 18 spaces, including 4 spaces per 1000 square feet. A single elevator services both floors. The building sits on a 0.77-acre lot and has a floor area ratio (FAR) of 0.52. Currently, the entire 9,800 square feet is vacant and available for lease. Suite layouts include 8 private offices with open collaborative areas and a kitchen. All private offices feature exterior windows. The building is zoned OFC (Office) and is ideally suited for professional services, IT, financial services, or general office users. Utilities are tenant-responsible, with electricity being a tenant expense. Showings are by appointment only. The property is located in the Kennesaw/Town Center submarket of Northwest Atlanta, Cobb County, with the APN 16036500460.

• CAP approach

  CAP return

  Valuation

  6%

  $3,730,091

  6.5%

  $3,443,161

  7%

  $3,197,221

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,872,728

  Geo Method

  $3,440,078

• Alternative Use

  Use

  Valuation

  Residential

  $4,269,520

  Hospitality

  $3,910,857

  Educational

  $3,253,787

  Medical

  $3,365,690

  Retail

  $5,061,446

Location Insight

City

Kennesaw

County

Cobb

State

Georgia

Latitude

34.0374

Longitude

-84.5588

CBSA code

12060

CBSA name

ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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