4200 Wade Green RdKennesaw, GA 30144

  • Strip malls
  • 134,255 SF

Property Details for 4200 Wade Green Rd

Year built
1986
Lot size
14.83 AC
Property size (Sq ft)
134,255 SF
Zone code
GC
Property type
Strip malls
Property subtype
Neighborhood centers
APN
20005500570
APU
20005500570

Description

Wade Green Crossing, a 49,532 square foot retail shopping center located at 4200 Wade Green Rd NW in Kennesaw, Georgia (zip code 30144), offers an exceptional opportunity for businesses seeking prime retail space in Cobb County. Built in 2008, this multi-tenant property currently has 49,532 square feet of vacant space available, providing flexibility for a variety of retail concepts. Spaces range from a minimum of 1,200 square feet to a maximum contiguous space of 45,500 square feet, catering to both smaller businesses and larger retailers. The center benefits from its strategic location, just minutes away from Kennesaw State University, the second largest university in Georgia. This proximity to a rapidly growing student population presents a significant advantage for businesses seeking a high-traffic location with a substantial consumer base. The property's LA Fitness anchor tenant further enhances its appeal and draws significant foot traffic. This presents a unique opportunity to establish a presence in a thriving retail environment with excellent visibility and accessibility. The property is ideally suited for a variety of retail uses and offers significant potential for growth and profitability. Interested parties are encouraged to inquire for further details and leasing information.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $41,741,412
    6.5%
    $38,530,532
    7%
    $35,778,352
  • Comparable approach

    Method
    Valuation
    Relative Method
    $55,109,360
    Geo Method
    $65,993,208
  • Alternative Use

    Use
    Valuation
    Residential
    $32,501,946
    Hospitality
    $29,771,608
    Educational
    $24,769,628
    Medical
    $25,621,494
    Retail
    $38,530,532

Location Insight

City
Kennesaw
County
Cobb
State
Georgia
Latitude
34.0574
Longitude
-84.5909
CBSA code
12060
CBSA name
ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$206,232
$4,015,872
$2,824,320
$6,840,192
-
$10,039,680
$7,060,800
$17,100,480

FAQs

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