We Help COmpanies Lease OFFICE SPACE in Kennesaw

Kennesaw Office Leasing: Market Overview & Key Market Indicators

Last updated: June 18, 2025

The Kennesaw submarket is located entirely within the 30144 zip code.. We track the submarket in our Knapp Commercial Advisors proprietary database. All information provided in this report was sourced by us, unless attributed to another source. We do not represent the buildings mentioned, unless otherwise noted.

The Supply of Leasable Office Space in Kennesaw

We track approximately 4,300,000 square feet on supply within the Kennesaw market. The supply is comprised of three product types: Class A mid-rise office buildings total 972,000 square feet; the next component consists of single story “flex” product at 1,335,000 square feet and finally a pool of smaller office buildings and commercial condos.

The Cost to lease Office Space in Kennesaw

The cost to lease Office Space in Kennesaw is between $18 and $32 per square foot, depending on the product type. The Class A mid-rise buildings which cater to professional service firms lease for $30-$33 per foot on a Full Service Gross basis, while the single story flex style leases in the $18-$22 per square foot range, typically on a Triple Net (NNN) basis.

Vacancy Rates within the Kennesaw Office Submarket

The Kennesaw submarket is primarily comprised of two types of office product. The Class A buildings have a blended occupancy rate of 63%, or a 37% vacancy rate. The single story office product has 450,000 square feet available, which leads to a 33% vacancy rate. We are tracking several sites which are mostly vacant and primed for redevelopment. These buildings are not included in either of the above vacancy rates.

Notable office Trends in Kennesaw

Owner Occupants: Over half of the market’s supply, approximately 2,200,000 square feet is owned and occupied by the users. This is higher than in other markets.

New Development: There is no new office development in the pipeline in Kennesaw and we expect several of the buildings to be torn down and converted to other uses in the next few years.

Kennesaw Commercial Real Estate