Retail Investment Opportunity
The Shops at Shiloh Crossing
Kennesaw, Georgia
A strategically positioned neighborhood retail center near I-75 and Kennesaw State University.
Investment Overview
A Compelling Retail Opportunity in Metro Atlanta
The Shops at Shiloh Crossing is a 40,767± square-foot neighborhood retail center strategically positioned just off I-75 in Kennesaw, Georgia. The property fronts Cherokee Street NW at a signalized entrance directly across from The Home Depot, offering prominent signage, two access points, and convenient connectivity to Kennesaw State University.
The property is 96.57% occupied by twelve necessity-based and service-oriented tenants spanning dining, fitness and therapy, health and wellness, pet services, and neighborhood retail. Recent capital improvements include a modern design refresh and TPO roof replacements completed in phases from 2024 through 2026, with warranty coverage in place.
Average rents at the center are $18.25/SF, while the two latest leases were signed at $25/SF and $27/SF. The surrounding five-mile trade area contains 195,230 residents with an average household income of $112,737, and more than 1,100 apartment units have been constructed within one mile since 2022.
Investment Highlights
Six reasons this corner works
- 01
Exceptional location in the heart of Kennesaw
Positioned in Atlanta's highly affluent and ever-growing northern arc, just off I-75 across from Home Depot and national retailers, with quick access to Kennesaw State University — one of the largest universities in the state.
- 02
Recent renovations with a new TPO roof
Modern, high-quality design gives Shiloh Crossing a unique, attractive retail identity. TPO roof replacements were completed in phases from 2024 through 2026 and remain under warranty.
- 03
Diversified, Service-Oriented Tenancy
The property is 96.6% occupied by twelve tenants across dining, fitness, therapy, wellness, pet services, and neighborhood retail, with one 1,400± SF suite available.
- 04
Growth trade area demographics
195,230 residents within five miles with average household incomes of $112,737. Over 1,100 new apartment units constructed within one mile since 2022.
- 05
Mark-to-market strip center intrinsics
Average rents at the center are $18.25/SF, with the latest two leases recently signed at $25/SF and $27/SF.
- 06
Traffic position at a signalized intersection
Cherokee Street NW carries ±38,000 vehicles per day, connecting neighborhoods between I-75 and Jiles Road to the Atlanta CBD.
Positioned at the Center of Kennesaw’s Growth
Kennesaw • Cobb County • Atlanta MSA
Tenancy & Property
A Diverse Neighborhood Retail Destination
Twelve necessity-based and service-oriented tenants occupy the center across dining, fitness and therapy, health and wellness, pet services, and neighborhood retail. This complementary tenant mix generates recurring, locally driven visits without reliance on a traditional anchor.
- The Good Dog Shoppe
- Bone'ita Pet Spa
- Mediterranean Bistro
- Johnny's New York Style Pizza
- Fyzical Therapy & Balance Centers
- Mazzy's Sports Bar & Grill
- Discover Integrated Health: Chiropractor
- LM Blowout Bar & Hair Salon
- GoldenOne Nail Lounge
- Classic Monograms and More
- Giggle Town
- Bonfire Brazilian Steakhouse
Available Space
Suite 407
1,400± SF
One inline suite is currently available, representing 3.43% of the property's offering GLA.
Property Profile
- Address
- 3940 Cherokee Street NW, Kennesaw, GA 30144
- Property Type
- Single-story multi-tenant retail
- Offering GLA
- 40,767± SF
- Land Area
- 5.22± Acres
- Occupancy
- 96.57%
- Year Built / Renovated
- 1998 / 2026
- Suites
- 13
- Parking
- 232 spaces (5.69 per 1,000 SF)
- Zoning
- PSC (Planned Shopping Center)
- Access
- Two access points including a traffic-light entrance
- 2025 Taxes
- $77,086
Site Plan
5.22± acres on Cherokee Street NW
Tap the plan to enlarge
Occupied Suites
- 101The Good Dog Shoppe2,112 SF
- 102Bone'ita Pet Spa1,550 SF
- 103Mediterranean Bistro2,000 SF
- 104Johnny's New York Style Pizza2,550 SF
- 201Fyzical Therapy & Balance Centers2,400 SF
- 301Mazzy's Sports Bar & Grill9,430 SF
- 402Discover Integrated Health: Chiropractor2,800 SF
- 403LM Blowout Bar & Hair Salon1,400 SF
- 404GoldenOne Nail Lounge2,800 SF
- 406Classic Monograms and More1,400 SF
- 502Giggle Town6,925 SF
- 601Bonfire Brazilian Steakhouse4,000 SF
Available Space
Suite 4071,400± SF
One inline suite is currently available, representing 3.43% of the property's offering GLA.
Lease terms, rent roll and financial detail are available in the Deal Room.
Location
Connected to Kennesaw’s Primary Demand Drivers
- ±38,000
- VPD on Cherokee Street NW
- ±128,000
- VPD (AADT) on I-75
- ±51,375
- Students at Kennesaw State University
- ±2.6 mi
- To Kennesaw State University
Interstate 75
The center sits just off I-75, which carries ±128,000 vehicles per day (AADT) and links Kennesaw to Downtown Atlanta.
Kennesaw State University
±51,375 students and ±5,700 faculty and staff, approximately 2.6 miles from the property.
Cherokee Street NW
±38,000 VPD frontage with a traffic-light entrance directly across from Home Depot.
Adjacent retail
Publix, Kroger, Home Depot, Lowe's, Target, Kohl's, Town Center at Cobb, Barrett Pavilion and Cobb Place are all within the immediate trade area.
Residential demand
Camden Shiloh (±232 units), West 22 (±245 units), The Ashton at East Park (±302 units) and 14 SixtyFive (±261 units) are nearby, with over 1,100 new units built within one mile since 2022.
Atlanta MSA
Roughly 27 miles northwest of Downtown Atlanta and 35 miles from Hartsfield-Jackson Atlanta International Airport.
Demographics
195,230 residents within five miles
| 1 Mile | 3 Miles | 5 Miles | 10 Miles | |
|---|---|---|---|---|
| 2025 Estimated Population | 8,930 | 78,515 | 195,230 | 577,992 |
| Workday Population | 7,069 | 35,737 | 80,724 | 223,547 |
| 2025 Households | 3,649 | 27,864 | 72,364 | 209,662 |
| 2025 Avg. Household Income | $100,874 | $112,304 | $112,737 | $131,846 |
| 2025 Median Household Income | $72,813 | $92,710 | $92,577 | $106,136 |
Sources: Esri, CoStar™
Kennesaw & the Atlanta MSA
A Dynamic North Atlanta Retail Market
- Kennesaw sits roughly 27 miles northwest of the heart of Atlanta and 35 miles from Hartsfield-Jackson Atlanta International Airport.
- A historic and fast-growing Cobb County suburb characterized by strong schools, public parks, and economic and educational hubs including Kennesaw State University.
- Convenient access to I-75 and Cobb Parkway places the city along a major northwest Atlanta traffic corridor connecting Marietta and Acworth with Downtown Atlanta.
- Georgia has ranked as the #1 state in the U.S. for business for 12 consecutive years.
#1 City to Move to in Georgia
USA Today
Best Small Cities in America
WalletHub
Top 20 Best Suburbs in GA
Niche
10.9% Population Growth Rate
U.S. Census Bureau
Gallery
The center, its storefronts, and its corner
Explore the Full Investment Opportunity
Access offering materials, financial information, and property due diligence through the secure Deal Room.
Access Deal RoomContact
Exclusively Listed By
Boris Shilkrot
Associate Vice President
(205) 561-8744boris.shilkrot@matthews.comLicense No. 391741 (GA)
Broker of Record | Maxx Bauman — License No. 451849 (GA) Firm No. 80041 (GA)
Request Additional Information
Contact a member of the exclusive listing team or access the secure Deal Room for offering materials and property due diligence.