Kennesaw Office Rent Price & Sales Report

Highlights

  • The average rent for office space in Kennesaw is $34.24 per square foot, 1.58% lower compared to the previous year.
  • The average sale price for office space in Kennesaw is $126.55 per square foot, marking an increase of 1.89% compared to 2024.
  • The market’s vacancy rate stands at 21.80%, higher than the state average of Georgia, which is 16.63%.

2025 Office Space Rent & Sales

  • $34.24 2025 Avg. Asking Rent
  • -1.58% Y-o-Y Avg. Asking Rent Change
  • 21.80% 2025 Office Vacancy Rate
  • $161.9M2025 Total Office Sales
  • $126.55Avg. Sale Price/SF

What is the average asking rent price for office space in Kennesaw?

Average asking rents for office space here stand at $34.24 per square foot. The local office market recorded an average vacancy rate of 21.80% in 2025, unchanged from 21.80% in 2024.

Office transactions in the local market in 2025 totaled a sales volume of $161.9M across 15 sales. These transactions commanded an average sale price per square foot of $126.55.

Kennesaw, GA Office Asking Rents by Class

What is the average office rent per square foot by property class in GA?

  • Avg. Asking Rent Class A & A+$39.36
  • Avg. Asking Rent Class B$24.40
  • Avg. Asking Rent Class C$18.11

For comparison, the average rent for Class A and A+ office space in Georgia was $39.36 per square foot. The state-wide average for Class B space was $24.40 per square foot, and Class C office spaces averaged $18.11 per square foot.

Explore Top Office Markets in Georgia

2025 Office Sales Volume

  • $126.552025 Avg. Price per SF
  • 1.89%Y-o-Y Avg. PpSF Change
  • $161.9M2025 Office Sales Volume
  • 152025 Number of Transactions

What is the average sale price per square foot for office space in Kennesaw?

Average sale prices for office space in this market recorded a +1.89% change in 2025 compared to the previous year.
Office transactions recorded in the market in 2025 averaged $126.55 per square foot. For comparison, the statewide Georgia average during the same time period stood at $133.77 per square foot, while the national average was $182.48 per square foot.

Kennesaw, GA Sale Price per SF Trend

  • Kennesaw Avg. Sale Price per SF in 2025$126.55
  • Georgia Avg. Sale Price per SF in 2025$133.77

What was the total office sales volume in Kennesaw in 2025?

The local office market recorded 15 deals in 2025, adding up to a yearly sales volume of $161.9M.

  • Kennesaw, GA Total Office Sales Volume in 2025 $161.9M
  • Kennesaw, GA Total Number of Office Sales Closed in 2025 15

What were the largest office building sales in Kennesaw in 2025?

The market’s largest transaction last year was the sale of Town Point - Heidelberg USA Headquarters for $21,900,000 on 9/2/2025.
The next-highest sale was the transaction involving Chastain Center - 500 Chastain Center, which traded for $15,750,000. The third-largest transaction was the sale of Barrett Summit - Building 100 for $9,100,000.

Property name Address Date Price
Town Point - Heidelberg USA Headquarters 1000 NW Gutenberg Drive 9/2/2025 $21,900,000
Chastain Center - 500 Chastain Center 500 Chastain Center Blvd 5/6/2025 $15,750,000
Barrett Summit - Building 100 1990 Vaughn Road NW 7/15/2025 $9,100,000
Data provided by Yardi Research

Office Construction in Kennesaw, GA

What are the largest recent office completions in Kennesaw?

The largest recent office completion here is 1000 Cobb Place Blvd NW at 189,278 square feet, completed in 1989. The next largest completions are TownPark Ravine Two and TownPark Ravine One.

Office building Address SF Completed
±1,250 - ±4,275 SF Office Suites | Kennesaw, GA 4255 Wade Green Road, 30144 20,000 2009
TownPark Ravine Three 3550 George Busbee Pkwy NW, 30144 100,770 2006
Chastain Medical Center at TownPark 3525 Busbee Drive, 30144 26,060 2006
Kennesaw Walk 2090 Baker Rd NW, 30144 72,893 2004
TownPark Ravine Two 600 TownPark Lane NW, 30144 133,163 2001
Barrett Summit - Building 100 1990 Vaughn Road NW, 30144 50,964 2000
TownPark Ravine One 245 TownPark Drive NW, 30144 133,157 1999
Kennesaw Office Space | ±1,467 - ±1,472 SF 1925 Vaughn Road, 30144 32,724 1997
1000 Cobb Place Blvd NW 1000 Cobb Place Blvd NW, 30144 189,278 1989
TownPark - 114 Townpark Drive 114 Townpark Drive NW, 30144 86,985 1989
Data provided by Yardi Research

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Disclaimer

All information on this page is based on city-level data that includes properties equal to or larger than 25,000 square feet.
Averages were calculated based on values dated between January 1st and December 31st 2025. Construction pipeline data represented herein is valid as of January 2026.

While every effort was made to ensure the accuracy of the data presented in this report, the information is provided “as is” and neither CommercialCafe nor Yardi Research Data can guarantee that the information provided is complete.