Kennesaw, GA 30152,1300 Ridenour BLVD #200
Kennesaw, GA 30152,1300 Ridenour BLVD #200
Kennesaw, GA 30152,1300 Ridenour BLVD #200
14
Listed by Mark Stockwell • Virtual Properties Realty.com
Bought with Neda Gayle • BHHS Georgia Properties
$825,000
$875,000
5.7%
Est.Price: ?

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3,484 Sqft Lot

1300 Ridenour BLVD #200 Kennesaw, GA 30152

Est. payment /mo
SOLD DATE : 03/21/2023

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Key Details

Sold Price $825,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

Subdivision Ridenour Summit Office Building

MLS Listing ID 20080553

Sold Date 03/21/23

Construction Status Resale

Year Built 2006

Annual Tax Amount $5,562

Tax Year 2022

Lot Size 3,484 Sqft

Property Description

Suite 200 in The Ridenour Summit Building offers an exceptional value in a high-quality, well-located building. Great for any investor looking for a solid return or the candidates for a 1031 Exchange. The suite is 4,183 rentable sq. ft. in a 24,685 sq. ft. multi-tenant building. It is tough to find an office with this size, “A” class quality, location, and sound financials. The property's excellent location also makes it stand out (located at an intersection of two major thoroughfares (US Highway 41/Cobb Parkway and Barrett Parkway, AND just 2 miles West of I-75), plus close access to major shopping, restaurants, and other amenities. The retail center across the street, Kennesaw Marketplace, was completed in 2016 and features well known stores such as Whole Foods, Academy Sports, Hobby Lobby, and numerous small food and retail stores including Starbucks. This office condominium makes an excellent investment, with a strong firm having approximately 3 years remaining on the existing lease. This tenant has leased Suite 200 for almost 7 years. Tenant pays ALL costs. Current NOI is $66,000 annually. There is a strong upside as well, contact agent for details.

Location

State GA

County Cobb

Zoning PVC-Planned Village Community, City of Kennesaw, Cobb County, GA. Future Land Use Map classification is RAC-Regional Activity Center. These are areas of large developments and serve as regional destinations as a hub for business activity and employment.

Interior

Heating Central, Common, Forced Air

Cooling Central Air, Electric, Humidity Control

Flooring Carpet, Laminate, Other

Exterior

Parking Features Parking Lot

Garage Spaces 106.0

Utilities Available Cable Available, Electricity Available, High Speed Internet, Sewer Available, Phone Available, Water Available

Building

Sewer Public Sewer

Construction Status Resale

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Other

Special Listing Condition Covenants/Restrictions

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Georgia MLS (GAMLS)
agent
Sarah Ramdass

Realtor | License ID: 420346

+1(706) 362-3145 | sarahramdass@epique.me

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