The Park at Barrett
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Investment Highlights
- Featuring two 30,965-square-foot office buildings (multi- and single-tenant) and a 5.93-acre pad in The Park at Barrett, a 28-acre campus.
- The Town Center CID is a youthful, rapidly growing region home to over 24,000 employees and 11,000 residents, 41% of whom are under the age of 25.
- Positioned next to Cobb County International Airport and flaked by Interstate 75 and Cobb Parkway, with ample amenities minutes away.
- The land lot is zoned Light Industrial with highly flexible use options up to 36,000 square feet, plus utilities and stormwater to the site.
- Connected to walking trails leading to centerpieces of the CID such as Aviation Park, Town Center at Cobb, multi-family communities, and more.
- Enter a flourishing region as Cobb County is projected to add approximately 94,000 jobs and 230,000 residents by 2050.
Executive Summary
Venture into the Kennesaw market and undertake a bold endeavor with this unique, multi-faceted investment opportunity presented by The Good Group. The portfolio, located at 2015 Vaughn Road, is comprised of two existing office buildings and a lot in between, totaling approximately 15.61 acres of total land area.
Buildings 100 and 300 are both 30,965 square feet and were built in 1999 as part of The Park at Barrett, a 28-acre office campus. They provide an immediate income-producing opportunity as one is a multi-tenant building, and the other is leased to a single credited tenant.
The 5.93-acre pad is zoned Light Industrial and shovel-ready with utilities and stormwater to the site. It is suitable for up to 36,000 square feet of office, lab, warehouse, or flex space. It is one of the only remaining development sites available near the Cobb County Airport, which is ideal for logistics and aviation users.
One of the top advantages of this location is its positioning in the Town Center Community Improvement District (CID) of Kennesaw. Kennesaw State University, Town Center Mall, and Cobb County International Airport anchor the Town Center CID. It features over 60 priority projects and initiatives to maximize these economic contributors, including a seven-mile trail connecting to major corridors and activity areas and placemaking projects such as parks and amenity nodes. This places 2015 Vaughn Road in the heart of this ambitious expansion as the 2022 Master Plan Update predicts the addition of approximately 94,000 jobs and 230,000 residents by 2050.
Buildings 100 and 300 are both 30,965 square feet and were built in 1999 as part of The Park at Barrett, a 28-acre office campus. They provide an immediate income-producing opportunity as one is a multi-tenant building, and the other is leased to a single credited tenant.
The 5.93-acre pad is zoned Light Industrial and shovel-ready with utilities and stormwater to the site. It is suitable for up to 36,000 square feet of office, lab, warehouse, or flex space. It is one of the only remaining development sites available near the Cobb County Airport, which is ideal for logistics and aviation users.
One of the top advantages of this location is its positioning in the Town Center Community Improvement District (CID) of Kennesaw. Kennesaw State University, Town Center Mall, and Cobb County International Airport anchor the Town Center CID. It features over 60 priority projects and initiatives to maximize these economic contributors, including a seven-mile trail connecting to major corridors and activity areas and placemaking projects such as parks and amenity nodes. This places 2015 Vaughn Road in the heart of this ambitious expansion as the 2022 Master Plan Update predicts the addition of approximately 94,000 jobs and 230,000 residents by 2050.
Sale Flyer
Property Facts
Sale Type | Investment | Individually For Sale | 0 |
Status | Active | Total Building Size | 64,513 SF |
Number of Properties | 3 | Total Land Area | 28.30 AC |
Sale Type | Investment |
Status | Active |
Number of Properties | 3 |
Individually For Sale | 0 |
Total Building Size | 64,513 SF |
Total Land Area | 28.30 AC |
Properties
Property Name / Address | Property Type | Size | Year Built | Individual Price |
---|---|---|---|---|
The Park at Barrett- Bldg 100
2015 Vaughn Rd, Kennesaw, GA 30144 |
Office | 30,965 SF | 1999 | - |
The Park at Barrett- Bldg 300
2015 Vaughn Rd, Kennesaw, GA 30144 |
Flex | 33,548 SF | 1999 | - |
2015 Vaughn Rd, Kennesaw, GA 30144 | Land | 15.60 AC | - | - |
Sale Advisors
Robert Good, Broker, CCIM
(770) 874-9210
Contact
Robert H. Good, a licensed professional civil engineer and real estate broker, is a multi-disciplined real estate executive with significant experience in site selection, acquisition, due diligence, entitlements, engineering and permitting, construction, and disposition on retail, residential, office, industrial, hospitality, mixed-use developments and master-planned communities throughout the Sunbelt.
Mr. Good has a bachelor’s degree in civil engineering from Georgia Institute of Technology, an MBA with International Studies (China and Vietnam) from Georgia State University, and a Certificate in real estate finance and investment from New York University.
Mr. Good has a bachelor’s degree in civil engineering from Georgia Institute of Technology, an MBA with International Studies (China and Vietnam) from Georgia State University, and a Certificate in real estate finance and investment from New York University.
Emily Hardigree, Sales Associate
(770) 874-9210
Contact
Emily L. Hardigree graduated from Valdosta State University's Langdale College of Business with a Bachelor's in Business and a focus in Marketing. Ms. Hardigree's background in Marketing has translated to her ability to quickly and thoroughly understand the Cherokee County market where The Good Group is based, as well as other surrounding Northern Metro-Atlanta markets. Emily works under Mr. Robert Good to acquire intimate knowledge of the commercial real estate sector as well as gaining experience in due diligence and engineering of mixed-use developments and master-planned communities.
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