8.6 Acre Multifamily Redevelopment Site Northwest Atlanta, GA | Four Barrett Lakes Center
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Transwestern’s Southeast Investment Sales team is pleased to present exclusively Four Barrett Lakes Center, an 80,000 SF, 2-story office building on ±8.6 acres within the established Barrett Lakes office campus in Kennesaw, Georgia. The property is being offered through an REO sale and is completely vacant, providing a buyer with a compelling multifamily redevelopment opportunity, consistent with surrounding land uses and continued residential growth throughout the corridor, subject to customary municipal approvals.
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Investment Highlights
Ideal Multifamily Site: 250+ Units
Site Advantages Include: Easy access to Barrett Parkway, I-75, I-575, and Hwy 41 (Cobb Parkway). Immediate surrounding retail amenity base, quick expressway access to Marietta, Acworth, and Atlanta as well as employers on I-75 corridor.
Established Residential Community
Increased demand for newer apartment and townhome stock in growing Kennesaw with demographics to support demand:
- 1-Mile Population: 7,767
- 3-Mile Population: 51,708
- 5-Mile Population: 177,079
- 1-Mile AHHI: $117,729
- 3-Mile AHHI: $114,949
- 5-Mile AHHI: $131,905
- 1-Mile Projected 2030 AHHI: $128,586
- 3-Mile Projected 2030 AHHI: $127,613
- 5-Mile Projected 2030 AHHI: $146,271
- 1-Mile Avg Home Value: $453,990
- 3-Mile Avg Home Value: $489,303
- 5-Mile Avg Home Value: $547,491
- 1-Mile Projected 2030 Home Value: $501,410
- 3-Mile Projected 2030 Home Value: $547,491
- 5-Mile Projected 2030 Home Value: $550,934
Extraordinary Amenity Base
Abundance of major retailers, restaurants, healthcare and access to employment areas via Barrett Parkway and Hwy 41.
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For Inquires, Please Contact
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Mike McGaughy, CCIM
Senior Managing Director
+1 (404) 842-6510
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Jon Kleinberg
Senior Managing Director
+1 (404) 842-6506
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