SOLD
Taylor Gerhardt Of FrostPoint Capital Acquires Retail Asset In Kennesaw, GA For $6.9M
3940 Cherokee Street Northwest
Retail
40,767 SF
40,767 SF
Sold 57 days ago
Summary
Sale
GEORGIA
Retail
40,767 sqft
The Shops at Shiloh Crossing, a 40,767-square-foot retail property located at 3940 Cherokee Street Northwest in Kennesaw, GA, has been sold for $6,900,000. The buyer, Taylor Gerhardt of FrostPoint Capital, acquired the shopping center situated approximately 30 miles northwest of Atlanta.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $6,900,000
- Square Footage: 40,767
- Address: 3940 Cherokee Street Northwest
- Market: Kennesaw, GA
- Buyer: Taylor Gerhardt - FrostPoint Capital
- Broker: Conor Sweeney - Foundry Commercial
FrostPoint Capital, led by Taylor Gerhardt, partnered with Conor Sweeney from Foundry Commercial to successfully close the deal for The Shops at Shiloh Crossing. The acquisition marks a strategic investment in the Kennesaw retail market, adding to FrostPoint Capital's portfolio.
Players
All
2
Agents
1
Agencies
1
Details
SOLD
IMAGE: Taylor Gerhardt & Conor Sweeney
DATE: 03/05/2024
ADDRESS: 3940 Cherokee Street Northwest
MARKET: Kennesaw, GA
ASSET TYPE: Retail
BUYER: Taylor Gerhardt - FrostPoint Capital
BROKER: Conor Sweeney - Foundry Commercial
SALE PRICE: $6,900,000
SF: 40,767 ~ PPSF: $169
NOTE: FrostPoint Capital has purchased The Shops at Shiloh Crossing, a 40,767-square-foot shopping center in Kennesaw, approximately 30 miles northwest of Atlanta, for $6.9 million.View on map
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Address3940 Cherokee Street Northwest
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