Commercial Real Estate Market in Duluth, GA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
116 active listings and 1,908 off-market properties in Duluth, GA. Commercial property asks $212/SF to buy and $16.48/SF/Yr to lease.
Market Trends
Duluth, GA spans 46.3 square miles in Gwinnett County, Georgia. Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in Duluth, GA asks $347/SF to buy. Vacancy runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Average Sale Price $/SF
Listings
Vacancy Rate % in South region
Retail
Retail space in Duluth, GA asks $342/SF to buy. Vacancy runs 5.4% across the South region in 2025, down from 7% in 2020.
Average Sale Price $/SF
Listings
Vacancy Rate % in South region
Industrial
Industrial vacancy in Duluth, GA runs 7.9% across the South region in 2025, up from 6% in 2019. Nearly 2.3x the 2022 low of 3.5%.
Vacancy Rate % in South region
Multifamily
Multifamily vacancy in Duluth, GA runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Vacancy Rate % in South region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Planned_development 34%
- Residential 33.5%
- Industrial 14.2%
- Commercial 13.7%
- Civic 4.5%
Largest Zones share of zoned land by district
Planned Unit Development
Single Family Residence
General Business
Light Industry
High Rise Residential District
Planned Unit Development (PUD)
The intent of the PUD District is to provide accommodate relatively large scale, planned develop ments that allow a mix of uses, master planned single use developments, and higher residential densities than allowed in other zoning districts and which incorporate innovative concepts of ef ficiency in land use, public services delivery, energy conservation, an…
Market overview
Demographics & Economy
Duluth, GA has 120,261 residents in 46,777 households. Density runs 2,599 people per square mile. Median household income here is $97,225 and median gross rent $1,797 a month.
120,261
Population
46,777
Households
2.6
Avg Household Size
38
Median Age
53%
College-Educated
93%
High-School Grad
46.3 sq mi
ZIP Area
2,599
Density / Sq Mi
$97,225
Median Household Income
$54,437
Median Earnings
$1,797
Median Rent
$447,114
Median Home Value
Tools
Lease vs Buy Breakeven
At $16.48/SF/Yr lease vs $212/SF buy → buying wins if held > 2.4 years.
At a 7.8% gross asking yield the payback reads short relative to leasing. Assumes 30% down at 6.5% fixed, 2% a year in taxes and upkeep, 3% appreciation, 5% opportunity cost, 2% closing plus 5% selling costs, and a 3% annual rent escalator.
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Berkeley Lake | — | — |
| Peachtree Corners | — | $19.94 |
| Norcross | — | $17.31 |
| Lilburn | — | $18.90 |
Commercial property in Duluth, GA asks $212/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Duluth?
Commercial property in Duluth, GA asks an average of $212 per square foot. The 7 most recent recorded sales traded at a median of $290/SF. Office carries the highest asking price at $347/SF.
How much does it cost to lease commercial space in Duluth?
Asking lease rates in Duluth, GA average $16.48 per square foot per year.
Is it cheaper to lease or buy commercial space in Duluth?
Buying beats leasing in Duluth, GA if the property is held longer than 2.4 years, comparing $16.48/SF/Yr asking rent with $212/SF asking price. The model assumes 30% down at 6.5% fixed, 2% of value per year in taxes and upkeep, 3% appreciation, 5% opportunity cost on the cash and a 3% annual rent escalator.
Where does Realmo's Duluth market data come from?
Realmo compiles Duluth, GA figures from 7 recent recorded sales, 50 active sale listings, 66 active lease listings, 1,908 tracked off-market properties, the current Duluth zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 50 active for-sale and 66 active for-lease listings in Duluth, GA. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Zoning and land use
- The current municipal zoning release: 5,770 zoned acres across 20 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 August 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at South region level, retail vacancy is reported at South region level and industrial vacancy is reported at South region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 August 2026 · report a data issue
