Dunwoody Place

OFFERING INTRODUCTION

Matthews Real Estate Investment Services™, as exclusive broker, is pleased to offer the opportunity to acquire Dunwoody Place, a core 102,367± SF neighborhood center, anchored by Publix - located in Sandy Springs, within the heart of north Atlanta.

INVESTMENT HIGHLIGHTS

Anchored by a seasoned and proven Publix
The #1 grocer in the Southeast and one of the most coveted anchors in the U.S.

Extremely well-located in Sandy Springs, just south of Downtown Roswell & minutes from GA-400
Positioned with ample frontage along major north-south traffic corridor, Roswell Rd

Publix boasts over 30 years of tenure at the Property, term thru 2030, strong, growing sales, rare rent escalations - no ROFO or ROFR
And a percentage rent clause which will likely be triggered in the next few years

Phenomenal trade area demographics
Highlighted by 204,350 people within a 5-mile radius and an Avg. HH Income of $142,675

Extremely well-maintained and managed asset with no outstanding CapEx requirements
Roofs were replaced in 2015 and parking area was resealed and restriped in 2024

Strong, recent leasing momentum at the Property
Highlighted by new, long-term leases with national tenants, comprising 16,520± SF

In addition to Publix option rent bumps, 14 of 20 shop tenants boast annual rent escalations
Further enhancing intrinsic NOI growth at the Center

Rare, included outparcels with future upside
Starbucks boasts nearly 30 years of tenure and Smoothie King recently renewed through 2033

Situated across the street from Cherokee Town & Country Club
One of the premier private clubs in Atlanta and ranked the #7 country club in America by Forbes

Strong 3.5% projected CAGR
Over the analysis hold period

MARKET OVERVIEW

Dunwoody Place is situated in the heart of Sandy Springs, adjacent to Cherokee Town & Country Club - one of Atlanta’s most iconic and historic private clubs, which is surrounded by the 486-home Huntcliffe community.

SANDY SPRINGS, GEORGIA

Dunwoody Place is situated along major north-south corridor, Roswell Rd, in Sandy Springs; within the heart of north Atlanta. Part of the city’s affluent northern arc, Sandy Springs is the 7th most populous city in the state and home to major corporate headquarters, including UPS, Newell Brands, Inspire Brands, Focus Brands, Cox Enterprises and Mercedes-Benz USA. Sandy Springs’ urban suburban mix of retail, restaurants, green spaces, excellent schools, and a vibrant local economy have fueled

PROPERTY ATTRIBUTES

Dense, Affluent Trade Area – Sandy Springs & Roswell

Dunwoody Place is situated on the north side of Sandy Springs, just 2.5 miles from Downtown Roswell – one of the most popular city centers in all of Atlanta. Marked by consistent growth over the last several decades, the cities of Sandy Springs and Roswell are known for their strong schools, excellent business climates, breweries and entertainment venues, award-winning restaurants, and safe, family-centric environments.

Cherokee Town & Country Club

Just across Roswell Road from the Property, Cherokee Town & Country Club is one of the most prestigious and award-winning private clubs in all of Georgia. With two championship 18-hole golf courses and top-of-the-line recreational and dining facilities, Cherokee was ranked the #7 Country Club in America by Forbes. The Huntcliff neighborhood, which surrounds the club, is a 486-home community with an average home value of $800,000.

Roswell Rd: One of Atlanta’s Most Important North-South Corridors

Positioned at the signalized intersection of Dunwoody Place and Roswell Rd (GA-9), the Property fronts one of Atlanta’s busiest traffic and commercial corridors, which parallels GA-400 from the center of Buckhead; passing through the heart of major north Atlanta communities, including Chastain Park, Downtown Sandy Springs, Downtown Roswell, Downtown Alpharetta, and Downtown Cumming.

Well-Maintained & Managed Asset

National Outparcel Draws with Upside

In addition to an essential needs anchor and predominantly national shop tenants, Dunwoody Place benefits from national outparcel draws, which further add to the Property’s consumer draw. Included in the offering, Starbucks has operated at the Property since 1996 and Smoothie King has term through 2033. Smoothie King provides a significant future mark-to-market opportunity via a ground lease conversion that would likely double existing rent.

TENANT HIGHLIGHTS

Proven Publix - with a Captive 3-Mile Trade Area

Publix at Dunwoody Place boasts a strategically unique position in north Atlanta. With no grocer competition within a 3+ mile radius and ample frontage along Roswell Rd – one of the city’s busiest surface roads – it draws consumers from the south side of Roswell, parts of East Cobb, Sandy Springs, and Dunwoody. Proven over 30 years of tenure at the Property with consistently growing sales, it continues to garner market share in conjunction with north Atlanta’s steady growth and affluent customer base. Based on Publix’s sales trend, the store is projected to trigger its additional percentage rent clause over the next 2-3 years, creating intrinsic NOI growth in conjunction with (extremely rare) option rent bumps, beginning in 2035.

79% National Retail Tenant Roster

In conjunction with Publix, the tenant roster at Dunwoody Place is characterized by a strong blend of predominantly e-commerce resistant, national retailers, including restaurants, various service providers, entertainment, and a retail showroom. Further enhancing the strength of the Center is the fact that 14 of the 20 shops tenants at the Property have leases with annual rent escalations, bolstering accretive NOI growth at the Property for an incoming owner.