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Dunwoody Medical/Office Building For Sale
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2 Dunwoody Park, Dunwoody, GA

28,347 SF medical/office building in Dunwoody, Georgia.

Property Size28,347 SF
Lot Size1.16 Acres
Price / SF$246.94
Days on Market289

Property Features for 2 Dunwoody Park

General Information

Standard status Active
Size 28,347 SF
Lot size 1.16 Acres
Property subtype OFFICE
Listing Agency: Newmark - Atlanta
Listed By: Collin BeVier
Source: Moodyscre
Added: Oct 15, 2025 Changed: Jul 6 Last Checked: Jul 22 at 4:19AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Newmark - Atlanta

Investment Insights

Based on property information with market context.

This is an opportunity to purchase the fee simple interest in a ±28,347 SF medical/office building located at 2 Dunwoody Park in Dunwoody, Georgia. The property is currently leased to Elaine Sterling Enterprises, LLC, an accredited cosmetology school established in 2008. The lease is structured on an absolute net basis for the next 15 years, with options to extend for two additional 5-year periods. The property underwent a renovation in August of 2025 exceeding $1,000,000. Elaine Sterling Institute is considered the #1 cosmetology school in the state of Georgia.

Key Highlights

  • 15‑year absolute net lease with 2, 5‑year options to extend.
  • Tenant is Elaine Sterling Enterprises, LLC, an accredited cosmetology school.
  • Property recently underwent a $1,000,000+ renovation in August 2025.**

Financial Insights For Healthcare Medical

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $765.4k $27.00
− Vacancy −$80.4k −$2.84
EGI $685.0k $24.17
− OpEx −$274.0k −$9.67
NOI $411.0k $14.50
28,347 SF · lease $27.00/SF/yr · vacancy 10.50% · expense 40.00%

Alternative Uses

Best Use
Healthcare Medical
$5.87M
$5.14M – $6.85M (±1% cap)
NOI $411,003 @ 7.0% cap · market cap 5.87%
Second Best
Office B
$5.42M
$4.74M – $6.33M (±1% cap)
NOI $379,597 @ 7.0% cap · market cap 5.42%
Theoretical Best
Office A
$7.92M
$6.93M – $9.24M (±1% cap)
NOI $554,685 @ 7.0% cap · market cap 7.92%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Isalis (Bike/Boat/Book/etc) Store Party City Party Supply Store Skunk Funk Big Box & Wholesale Store Carl's Trading Co Hat Shop Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Parking Lot & Garage Big Box & Wholesale Store Grocery & Convenience Store Barber Shop Bakery Food Market

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,676
Businesses Nearby

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office building - 28,347 SF medical/office building in Dunwoody, Georgia.
Where is this office building located?
The property is located at 2 Dunwoody Park Dunwoody, GA.
What is the asking price?
The asking price for this property is $7,000,000.
What are key features of this property?
This property features: 15‑year absolute net lease with 2, 5‑year options to extend.; Tenant is Elaine Sterling Enterprises, LLC, an accredited cosmetology school.; Property recently underwent a $1,000,000+ renovation in August 2025.**
(770) 552-2400 Call to check price and availability
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