Technical
Financial
Distress signals
Property profile

3940 Cherokee St NW Kennesaw, GA 30144

FOR LEASE
Strip malls
Property ID
US22-1724123
40,440 SF 6.17 ac lot Built 1998
Entity Owned 2-yr Hold Free & Clear
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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

Current use

Occupant on record · Public records
  • Alternative Medicine Practice
  • Training Center Sports School
  • Restaurant
  • Restaurant
  • Bar & Pub

Location

3940 Cherokee St NW Kennesaw, GA 30144
Kennesaw metro Census 30278 ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA
Google Maps

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

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
Zoning description

The PSC planned shopping center district is established to provide locations for retail commercial and service uses which are designed and oriented to serve several neighborhoods making up a community. The PSC district i…

General category PLANNED_DEVELOPMENT

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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