Dunwoody Commercial Real Estate Market
Dunwoody's commercial real estate market benefits from the Perimeter Center office district, which concentrates over 25 million square feet of office space and employs 80,000+ workers daily. State Farm's southeast regional campus, Cox Enterprises, and InterContinental Hotels Group anchor the corporate presence. This office concentration generates cascading demand for retail, restaurant, hospitality, and services serving the massive daytime workforce — creating commercial opportunities that extend well beyond the office buildings themselves. Perimeter Mall's 15 million annual visitors add retail traffic.
The Pill Hill medical corridor — named for its concentration of hospitals including Northside Hospital, Emory Saint Joseph's, and Children's Healthcare of Atlanta — extends into Dunwoody and generates some of the most concentrated medical office demand in the entire Southeast. MARTA Red Line stations at Dunwoody and Medical Center provide transit connectivity that increasingly influences property values and tenant decisions. Dunwoody Village and the Georgetown district provide walkable neighborhood retail serving the affluent residential community with median household incomes exceeding $100,000.
Dunwoody's buyer pool spans the institutional spectrum: office REITs targeting Perimeter Center, medical REITs attracted by the Pill Hill corridor, retail investors targeting the Perimeter Mall trade area, and affluent community investors focused on Dunwoody Village and Georgetown. Cap rates are among the tightest in suburban Atlanta for premium assets, reflecting the in-perimeter location, MARTA access, and layered demand from office workers, medical infrastructure, and affluent residents. For sellers, matching your property to the appropriate buyer segment — office, medical, or community retail — is essential to competitive pricing.
Top Property Types in Dunwoody
Office & Corporate
Perimeter Center's 80,000+ daily office workers and Perimeter Mall's 15 million annual visitors create retail and restaurant demand density that few suburban locations can match. Properties along Ashford Dunwoody Road, Hammond Drive, and within the Perimeter Center retail mix serve this massive daytime population. Dunwoody Village and Georgetown provide walkable neighborhood retail for the affluent residential community. Restaurant demand is driven by both the office lunch crowd and affluent residents' dining spending. Properties with MARTA proximity benefit from the growing transit-oriented commercial premium.
Retail & Mixed-Use
The Pill Hill medical corridor extending into Dunwoody generates extraordinary medical office demand driven by Northside Hospital, Emory Saint Joseph's, and Children's Healthcare of Atlanta. Properties along Peachtree Dunwoody Road, Johnson Ferry Road, and within the medical district serve physician practices, specialty clinics, diagnostic imaging, and outpatient surgery centers. The concentration of multiple major hospital systems creates a referral ecosystem that supports hundreds of medical practices. Medical office in the Pill Hill corridor achieves some of the tightest cap rates in the Atlanta metro.
Medical & Professional
Perimeter Center's corporate office concentration includes State Farm, Cox Enterprises, IHG, and hundreds of mid-size professional firms. While the work-from-home trend has created headwinds for older Class B suburban office, modern amenity-rich buildings with MARTA access continue performing well — companies use Dunwoody's transit connectivity and Perimeter amenities as recruiting advantages. Properties with MARTA walkability, modern buildouts, and proximity to restaurants and retail command premiums over dated office parks without transit access.
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Cap rates reflect premium in-perimeter location with MARTA access and Perimeter Center concentration.
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