Dunwoody Medical/Office Building For
For Sale
Contact for pricing
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
(770) 552-2400
Listed By:
Collin BeVier
(678) 779-8741
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
NOI $411,003 @ 7.0% cap · market cap 5.87%
Second Best
Office B
$5.42M
$4.74M – $6.33M
NOI $379,597 @ 7.0% cap · market cap 5.42%
Theoretical Best
Office A
$7.92M
$6.93M – $9.24M
NOI $554,685 @ 7.0% cap · market cap 7.92%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,676
Businesses Nearby
Explore this area
Business Placement
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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.**