Atlanta Medical Office Space for Lease | Healthcare Real Estate Brokers
Atlanta Medical Office Leasing, Site Selection & Portfolio Management for Healthcare Practices
We help doctors and healthcare groups purchase, sell, and lease medical office space with a focus on long-term real estate strategy. From data-driven site selection to ongoing lease administration, we manage your property assets so you can focus on patient care.
Atlanta Medical Office Brokers: Healthcare Real Estate Advisory Services
Physicians, Specialists, Dentists, and other medical professionals are busy. You spend your days doing what you do best, providing patient care. Navigating the complexities of healthcare real estate on top of that can be overwhelming and divert you from your main focus.
In our years of experience, we’ve found when it comes to medical office decisions, Doctors want:
To feel confident and in control of their practice's growth.
To reduce the stress and uncertainty of real estate decisions.
To drive increased patient count and revenue.
To build a lasting legacy of care in their community.
To avoid making costly real estate mistakes.
That’s where we step in. We help medical practices purchase, sell and lease medical office buildings in Metro Atlanta. We've helped dozens of medical practices find, secure, and build out clinical spaces in locations that are accessible for patients and with favorable lease terms. And we will help you. Our processes and expertise will guide your practices through sound, data driven decisions. More than just brokerage, we provide strategy and guidance.
More than Healthcare Real Estate Agents, we are An Extension of your medical practice
As an extension of your practice, we provide more than just brokerage. We help doctors and healthcare groups purchase, sell, and lease medical office space with a focus on long-term real estate strategy. From data-driven site selection to ongoing lease administration, we manage your property assets so you can focus on patient care.
We will take the role of your internal real estate department and guide your practice’s growth through smart real estate decisions. There are many pitfalls a practice may face when purchasing or leasing of medical office space. We’re here to help you avoid common missteps such as:
Choosing the wrong location due to inadequate parking, poor patient access or declining patient demographics.
Choosing an oversaturated market and not understanding the local competitive landscape.
Signing a bad lease with unfavorable terms that drain practice profits.
Wasting your valuable time and resources on a failed real estate search.
Signing leases that impair the future valuation and marketability of your practice should you choose to sell.
Atlanta Medical Office Market Overview
Market data compiled by Nick Fitzpatrick, CCIM | Updated Q1 2026
Atlanta’s medical office market is one of the tightest commercial real estate sectors in the metro area. While traditional office space faces elevated vacancy rates above 26%, medical office buildings (MOBs) are experiencing strong demand, declining vacancy, and steady rent growth driven by population increases, an aging demographic, and the continued shift toward outpatient and ambulatory care. The noted lack of development has limited supply. For physicians and healthcare groups evaluating their next real estate decision, understanding the current market landscape is essential.
Key Figures:
Metro Vacancy Rate: 7.3%
Avg. Asking Rent: $29/SF
Typical Lease Range (FS): $25–$40/SF
Medical Office Vacancy Rates
Metro Atlanta’s medical office vacancy rate stands at approximately 7.3% as of Q3 2025, down from 9.6% the previous year and well below the traditional office vacancy rate of 26%+. This makes medical office one of the most supply-constrained asset classes in the metro area.
Several submarkets are even tighter. Northwest Atlanta, which includes Marietta, Kennesaw and the Wellstar Kennestone corridor, has recorded vacancy rates as low as 3.4%. Gainesville and South Atlanta also maintain vacancy below 5%. These low vacancy rates mean that quality medical office space is increasingly difficult to find, particularly second-generation clinical space with existing medical infrastructure.
How Much Does Medical Office Space Cost in Atlanta?
Medical office lease rates in Metro Atlanta generally range from $25 to $40 per square foot on a Full Service (FS) basis, depending on location, building quality, and medical infrastructure. Full Service means that base rent, property taxes, insurance, and common area maintenance are bundled into a single annual per-square-foot rate. Tenants typically pay their pro rata share of operating expense increases above a base-year stop.
On-campus medical office buildings adjacent to major hospital systems (Wellstar, Northside, Piedmont, Emory, St Joseph’s (Pill Hill) tend to command premium rents at the higher end of this range ($32–$40+/SF FS) due to referral proximity, shared parking infrastructure, and patient traffic. Off-campus locations in suburban corridors like Marietta, East Cobb, Roswell, and Alpharetta typically lease in the $25–$34/SF FS range, offering lower occupancy costs while maintaining strong patient access.
Medical Real Estate Services for Atlanta Healthcare Practices
Physician Office Site Selection
New Practice Site Selection
Medical Office Lease Renewal Negotiation
Medical Practice Expansion
Medical Uses in Retail Centers (MedTail)
Medical Practice Relocation
Medical Office Building Buyer Representation
Medical Office Subleases
Portfolio Management & Lease Management
Healthcare Specialties We Serve
Internal Medicine | Family Practices | Primary Care
Off-Campus Primary & Sub-Specialty Care Clinics
Optometry & Ophthalmology
Dermatologists, Medspa, Aesthetics
Urgent Care
Orthopedics & Physical Therapy
Wellness, Therapy, Mental & Behavioral Health
Ambulatory Surgery Centers (ASCs)
& More!
Here is exactly how our Medical Tenant Representation services find you the best Medical Office Space for lease
We listen and work to understand your needs and desires for your practice.
You wouldn’t give a patient a treatment regimen without diagnosing them. We want to undercover your “medical real estate” history and learn what has worked for you in the past and learn where you want your practice to go in the future. Some practices will benefit from purchasing a building and staying there for 30 years. Other practices are gearing up to sell and have special considerations that must be accounted for.
We Pin point the right location and submarkets with Data Driven Site Selection.
We are on the cutting edge of innovation in determining the best location for your practice. Utilizing all available data sources on the market, we are able to pin point locations that will lead your practice to success. We examine households in a given market, household income, medical expenditures, competition and even insurance spends. We pair our analytical approach with the “does it feel right?” approach. Some of our clients like to place their practice near a hospital system. Others like a retail storefront. Other clients like to place their medical office near symbiotic practices to produce referrals. We’re constantly studying demographic trends and incorporating that into our site selection, due diligence and negotiations to deliver you the finished product - the best site for your practice.
We Run an Exhaustive Search to Deliver all available options to you including those for sale and lease.
We work to find all available options that suit your criteria. As healthcare trends change, we have become more creative in finding medical office space for our clients. Will your practice benefit from opening in a retail center? How can we place you in a building with other practices that will feed referrals? As build out costs continue to increase we have turned more and more to what is called second generation space. These spaces are highly sought after as it reduces both the time and cost of your build out. We identify options through our brokerage connections as well as direct connections with institutional landlords and private ownership groups.
We Create Leverage and buffer in negotiations.
Medical Commercial Real Estate Leases are like marriage agreements. You’re going to be with the other party for 5, 10, maybe 20 years and the lease lays out all the terms of what each side can do. As you would expect, conflict and fights can rise up during lease negotiations. We are the oil in the engine - our job is to absorb the heat and get you where you need - a signed lease that gives you market appropriate protections.
In all of our negotiations, we will have multiple building options and landlord options so that landlords or sellers compete for your business.
We Walk You Through Lease Review & Finalization, Escrow & Closing, Build-Out and Beyond.
Remember, we’re an extension of your practice. We’re with you for every step along the way. We have relationships with lenders, architects, contractors and much much more.
Medical Commercial Real Estate Specialists
Frequently Asked Questions About Medical Office Leasing:
Q: What types of practices and and properties does Cumberland & Worthy specialize in for Healthcare Real Estate Brokerage?
A: Cumberland & Worthy provides expert tenant representation services for a wide range of practices in Metro Atlanta, including:
Internal Medicine/ Family Practices
Off-Campus Primary & Sub-specialty Care Clinics
Plastic and Cosmetic Surgeons
Dentists
Vision Care
Urgent Cares
Therapy & Behavioral Health
& More!
Q: What types of medical properties does Cumberland & Worthy specialize in for Healthcare Real Estate Brokerage?
A: Cumberland & Worthy is Atlanta’s Premier Healthcare Real Estate Advisory for a wide range of property types in Metro Atlanta, including:
Medtail Real Estate
Hospital owned Medical Centers
Medical Centers
OutPatient Surgery Centers
Medical Office Condos
Clinical Space
Q. What constitutes medical office space:
A. You’re looking at a building and want to know if it is fit for a medical office. What factors do you look for? In determining if a building or space is appropriate for a medical office, we want to look at the following criteria:
The zoning
The other businesses in the trade area
The Landlord’s willingness to provide TI appropriate for a medical office
The demographics including number of households, household income and methods of ingress/egress to the site
The estimated demand for medical expenditures based on ESRI data.
Q: What financial documentation do I need to provide when leasing commercial space?
A: Landlords typically require financial documentation to assess a prospective tenant's creditworthiness and ability to meet lease obligations. While requirements can vary, established businesses looking to lease office, industrial, or medical space should generally be prepared to provide:
* Business Financials: 2-3 years of business tax returns and/or financial statements (P&L, Balance Sheet).
* Bank Statements: Recent business bank statements to demonstrate cash flow and liquidity.
* Credit Information: Authorization for a credit check on the business and potentially personal credit scores for principals/guarantors.
* Business Plan (for newer businesses/startups): Outlining your business model, projections, and funding.
* Personal Financial Statement (often for principals of smaller businesses or if providing a personal guarantee).
* Articles of Incorporation/Organization: Documents establishing your business entity.
We will guide you on the specific documentation required for your situation.
Q: When is the right time to start looking for new medical space?
A: We generally advise businesses to begin the search process at least 9 to 12 months prior to their desired move-in date or current lease expiration. For larger requirements or spaces needing significant custom build-out, starting 12 to 18 months in advance is often appropriate. This timeframe allows for:
* Thorough market evaluation and site tours.
* Detailed financial analysis and comparison of options.
* Letter of Intent (LOI) and lease negotiations.
* Space planning, design, and construction/build-out, if necessary.
Starting early provides the best leverage and reduces the pressure of making rushed decisions.
Key Medical Office Corridors in Metro Atlanta
Metro Atlanta’s medical office inventory is concentrated around the region’s major hospital systems and population centers. Understanding which corridors align with your specialty and patient base is critical to a successful site selection.
Northwest Atlanta / Wellstar Kennestone Corridor: The tightest medical office submarket in Metro Atlanta with vacancy below 3.5%. Anchored by Wellstar Kennestone Medical Center, this corridor stretches through Marietta, East Cobb, and Kennesaw. High demand from primary care, orthopedics, and sub-specialty practices. Limited available space makes early engagement essential.
Pill Hill / Sandy Springs / Central Perimeter: Historically Atlanta’s densest medical corridor, centered around Northside Hospital and the Pill Hill district along Johnson Ferry Road and Hammond Drive. Asking rents average $32–$35/SF FS. Recent hospital system expansion activity includes Northside Hospital’s $28.5M acquisition of 875 Johnson Ferry Road.
North Fulton / Alpharetta / Roswell: Growing medical demand driven by rapid residential population growth. Vacancy at 7.1% with asking rents around $31/SF FS. Northside Hospital’s Forsyth campus expansion is driving new medical office demand in the corridor, with a 120,000 SF medical office building expected to deliver in late 2026.
Midtown / Emory Corridor: Premium medical office market anchored by Emory Healthcare and Piedmont Hospital. Highest asking rents in the metro ($37–$38/SF FS) but vacancy under 6%. Best suited for specialty practices, imaging centers, and practices seeking a prestige address with strong referral networks.
South Metro / Airport Corridor: One of the tightest markets at 4.5% vacancy, driven by population growth in Henry, Clayton, and Fayette Counties. Asking rents averaging $25/SF FS offer the lowest occupancy costs in the metro. Strong opportunity for primary care, urgent care, and pediatric practices in underserved communities.
What’s Driving the Atlanta Medical Office Market
Population Growth: Metro Atlanta’s population has grown approximately 11% from 2020 to 2025, adding over 600,000 residents. This growth directly increases demand for primary care, specialty services, and outpatient facilities across every submarket.
Outpatient Shift: Healthcare delivery continues to shift from inpatient hospital settings to outpatient and ambulatory facilities. This trend is the single largest driver of medical office demand nationally and locally. Practices, surgery centers, and imaging facilities are seeking well-located off-campus space to serve patients closer to where they live and work.
Hospital System Expansion: Wellstar Health System, Northside Hospital, Emory Healthcare, and Piedmont Healthcare are all actively expanding their outpatient networks across Metro Atlanta. Northside Hospital alone broke ground on a 150,000 SF medical office building in Canton (fully pre-leased) and acquired properties along the Johnson Ferry corridor. This institutional expansion creates both competition and opportunity for independent practices.
Limited New Supply: Only 366,000 SF of medical office space was under construction metro-wide as of Q3 2025, concentrated in Northwest Atlanta and North Fulton. Rising construction costs and higher interest rates have slowed new development, making existing medical office inventory increasingly valuable and competition for quality space more intense.
Medtail Growth: More healthcare providers are leasing space in retail centers and mixed-use developments to capture patient traffic in high-visibility locations. Urgent care, dental, dermatology, and aesthetics practices are particularly well-suited to retail environments that offer convenient access, ample parking, and strong signage exposure.