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125-225 Townpark Drive Nw

Updated Aug 13, 2026

KeyBank Sells Office Building At 125-225 Townpark Drive Nw In Kennesaw For $42M
SOLDOffice

KeyBank Sells Office Building At 125-225 Townpark Drive Nw In Kennesaw For $42M

125-225 Townpark Drive Nw

$42,000,000

Units

350,000

Asset Type

Office

Closing

Mar 10, 2025

About this deal

AI

The property asset involved in this transaction is located at 125-225 Townpark Drive Nw in Kennesaw, GA. It is an office asset comprising a total of 350,000 square feet. The transaction was completed for a price of $42,000,000.00, indicating the market activity for this type of asset in the area.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: $42,000,000.00
  • Address: 125-225 Townpark Drive Nw
  • Market: Kennesaw, GA
  • Units: 350,000
  • Seller: KeyBank

Key individuals in this transaction included the seller, KeyBank, who facilitated the sale of the property. The transaction underscores the active nature of the office market in Kennesaw, GA, especially in light of the significant sale price achieved.

Players

JLL
JLLBrokerage
KeyBank
KeyBankLender

Kennesaw Office Market Snapshot

Boundary boundary · Office · Sale transactions

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Deal FAQ

About $120 per unit across 350000 units on a published $42M (2025).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.38%

Cash-on-Cash

-0.11%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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