Retail Business for Sale in Kennesaw, GA

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Kennesaw, GA 30144

Description

Marcus & Millichap is pleased to present 2015 Vaughn Road, a 30,965-square-foot medical office building constructed in 2008 and situated on 4.93 acres in Kennesaw, Georgia. The property is leased to The Autism Center of Atlanta, which has agreed to a sale-leaseback and will continue operations under an absolute triple-net (NNN) lease featuring 3 percent annual rental increases and two five-year renewal options. This structure provides investors with predictable cash flow and long-term income growth with no landlord responsibilities. Investment Highlights: • Absolute NNN 15-Year Lease with 3 Percent Annual Increases, and Two Five-Year Renewal Options • Sale-Leaseback, with a Corporate Guarantee. 8th Location in the Atlanta MSA • Nicely Located in Kennesaw, GA. 30 Miles Northwest of Atlanta, just off I-75. Kennesaw has a Documented Growth Rate of 2.11% Annually Over the Last Decade, Exceeding State and National Averages

Market Context

This retail in Kennesaw, GA is listed for sale. It is offered at an approximate 7.0% capitalization rate, a key benchmark for income-producing retail assets. It has been on the market for 68 days. Compare it against other retail listings for sale in Kennesaw, GA — <a href="/search/sale/retail/georgia/kennesaw">view the full market</a>.

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