University Point | Located on KSU Campus (47k Students)

University Point | Located on KSU Campus (47k Students)

1133 Chastain Road NW
Kennesaw, GA

Price: $5,595,000
Cap: 6.25%
NOI: $349,616
Building Size: 12,800 SF
Lot Size: 1.52 AC

Investment Highlights

12K SF UNANCHORED RETAIL STRIP CENTER
• University Point is a 12,800 SF unanchored convenience retail strip center that sees 450.9K annual visits
• E-commerce-resistant tenant lineup featuring service and restaurant uses
• 87% national/franchise tenant lineup
• Seasoned tenant base with an average tenure of 11+ years
• Located in a dominant retail corridor with a 1.3% vacancy rate (CoStar)

LOCATED ON KENNESAW STATE UNIVERSITY (47,845 STUDENTS)
• The subject property is located on the campus of Kennesaw State University (KSU), Georgia’s largest university with over 47,845 students
• KSU employs over 3,000 faculty and staff and continues to see enrollment growth
• KSU is ranked #7 in the U.S. for campus quality, #9 for campus dining (best in Georgia), and its Executive MBA program is ranked #7 globally by CEO Magazine
• KSU was ranked the #7 fastest-growing university in the U.S., driven by significant expansion—including a 35% increase in graduate enrollment over the past five years.

HIGH-GROWTH ATLANTA SUBURB
• 5-mile population: 180,322
• 5-mile avg. household income: $120,381
• 5-mile population growth: 10.84%

INTERSTATE LOCATION | 300,000+ VPD
• Located on Chastain Rd (13,100 VPD)
• Direct access from I-75 (227,000 VPD) and I-575 (101,000 VPD)

87% NATIONAL/FRANCHISE CREDIT TENANT LINEUP
• Tenant lineup includes Mellow Mushroom, Wingstop, Jimmy John’s, Insomnia Cookies, Vivint, Inc., USMC Recruiting, and Tinto’s Café—representing a mix of food, service, and government-backed users
• Mellow Mushroom | 160+ locations across 20+ states | Founded 1974 | Premium pizza chain with strong brand loyalty | Ranked in top 8% In the Country
• Wingstop (NASDAQ: WING) | 2,100+ global units | 20+ years of comp sales growth | AUV: $1.6M+ | Corporate-backed/franchise model
• Jimmy John’s (Inspire Brands) | 2,600+ units nationwide | Backed by Inspire Brands (32,000+ units) | Top 5 U.S. sandwich chains by sales | Ranks in top 14% in GA
• Insomnia Cookies (Krispy Kreme-owned) | 260+ U.S. locations | Open until 12AM in most markets | High-margin, late-night dessert concept
• Vivint, Inc. (NASDAQ: NRG) | 2M+ customers | $1.6B+ revenue | 12,000+ employees | Retail storefronts for smart home systems
• USMC Recruiting | 3,000+ centers nationwide | U.S. Government-backed | Longterm occupier with a 14 year occupancy history
• Tinto’s Café | Regional Latin café concept | Independently operated | Drives consistent daytime dining traffic

KENNESAW, GA
• Located in Kennesaw, GA, a highly desirable and fast-growing suburb in northwest Cobb County
• Part of the Atlanta MSA, 25 miles northwest of downtown, with strong access via I-75 and Cobb Parkway
• Home to Kennesaw State University (nearly 48,000 students), fueling economic and population growth
• Recognized for economic resilience, low crime, and high quality of life, supported by ongoing public/private investment
• Local attractions include the Southern Museum of Civil War & Locomotive History, historic downtown, and Kennesaw Mountain National Battlefield Park

Zach Taylor
Eric Abbott
OFFERING MEMORANDUM

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