1300 Ridenour NW Boulevard
$875,000
1300 Ridenour NW Boulevard, Kennesaw, GA 30152
7.54
Cap Rate
66,000
NOI
Details:
Highlights:
- Lot Features: Curbs & Gutters, Free Standing, Sidewalk, Street Lights
- Gross Income: 66000
- Number Of Buildings: 1
- Bathrooms Total: 0
- Documents Available: Floor Plan, Lease, Legal Desc, Other
- Cooling: Central Air, Separate Meters
- Heating: Central, Forced Air
- Electric: 110 Volts, 220 Volts
- Flooring: Carpet, Ceramic Tile
- Construction Materials: Brick 4 Sides, Concrete, Stucco
- Parking Features: Parking Lot
- Accessibility Features: Accessible Doors, Accessible Electrical and Environmental Controls, Accessible Elevator Installed, Accessible Entrance, Accessible Hallway(s), Accessible Kitchen
- Security Features: Fire Alarm, Fire Sprinkler System, Security Lights
- Buyer Agency Compensation: 3
Description:
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.
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