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Property profile & analytics
FOR LEASE
Strip malls

3940 Cherokee St NW Kennesaw, GA 30144

40,440 SF 6.17 ac lot Built 1998
Entity Owned 2-yr Hold Free & Clear
Property ID
US22-1724123
Property summary
AI-generated overview

The Shops at Shiloh Crossing presents a prime retail investment opportunity in Kennesaw, Georgia. This 40,767 square foot shopping center enjoys a highly visible location on Cherokee Street NW, running parallel to I-75, ensuring excellent accessibility and high traffic volume. Four retail spaces are currently available, ranging in size from 1,450 square feet to 5,475 square feet, offering flexibility for various business needs. The center benefits from a strategic location just one mile from Kennesaw State University, a major institution with a student population of 45,000, providing a substantial built-in customer base. Further enhancing its appeal is a traffic signal with designated turn lanes at the intersection of Cherokee Street NW and Shiloh Road NW, optimizing visibility and convenient access for customers. This well-positioned shopping center offers a compelling opportunity for businesses seeking a thriving location within a dynamic and densely populated area. The multiple tenancy structure provides a diverse retail environment, attracting a wide range of shoppers. This property in Cobb County presents a strong investment prospect due to its proximity to a large university and its high-traffic location. The available spaces offer a range of sizes to accommodate various business models and expansion plans.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1998
Total area 40,440 SF
Lot 6.17 ac (268,695 SF)
Zoning code PSC
APN 20006000320
UPID US22-1724123
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Discover Integrated Health, LLC Alternative Medicine Practice
  • Integrated Martial Arts Training Center Sports School
  • Johnny's New York Style Pizza Restaurant
  • Mediterranean Bistro Restaurant
  • Mazzy's Sports Bar and Grill (Kennesaw) Bar & Pub
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$6.10M
Blend (final) Blend
$4.69M
Owner & transaction history
American Equity Investment Life Ins · 2 yrs held
American Equity Investment Life Ins
since 2024
4 recorded transactions
2024
Price N/A
2024
$6.9M
2014
$4.2M
1969
Price N/A
Zoning & alternative use
PSC · Kennesaw, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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