MARKET INFORMATION
The City of Decatur is a 4.7 square-mile urban city just east of the City of Atlanta. The city has five walkable commercial districts with 1.8M square feet of office space designed just for businesses. Each district has its own character and includes a mix of office, retail, residential, and institutional uses.
AFFORDABLE OFFICE SPACE WITH LOW VACANCY RATES
- 1.8M sq ft of office within the city limits of Decatur
- $25 - average rental rate
- Less than 10% vacancy rate consistently year over year
DOWNTOWN MARKET CHARACTERIZED BY PROFESSIONAL TENANTS
- ~1,500 businesses*
- 5 – the average number of people per business*
- 5,000 – average sq ft per tenant (est.)**
- 3,000 median sq ft per tenant (est.)**
Sources
*Decatur business licenses
**CoStar
DECATUR BUSINESSES BY TYPE
Business Types |
Percentage |
|---|---|
| Construction | 9% |
| Financial | 4% |
| Real Estate | 5% |
| Professional Services | 49% |
| Health | 17% |
| Other | 16% |
PIPELINE FOR TALENT
275,000 undergraduates and graduate students across 66 colleges and universities in Metro Atlanta
82,000 students in a 20-minute drive of downtown Decatur
- Emory University – two miles from Decatur city center
#21 National university ranking by US News Report
- Georgia Tech – five miles from Decatur city centerU.S. top 10 and global top 25 public universities
fourth best engineering program nationwide
- Agnes Scott College – In Decatur city center
Ranked second most innovative college and fourth most accepting
RESEARCH POWERHOUSE WITH $1.4B IN ANNUAL RESEARCH FUNDING
Emory University: $628 million from external funding agencies in the fiscal year 2016-2017.
Georgia Institute of Technology: $824 million+ in outside R&D funding.
NEXUS FOR GLOBAL HEALTH AND HUMAN RIGHTS GIANTS
Task Force for Global Health: Mobilizes coalitions to solve complex global health problems with 136 dedicated employees working in 157 countries. The second largest NGO in the US.
Carter Center: 200 employees waging peace, fighting disease, and building hope every day around the world - founded by former U.S. president Jimmy Carter.
Emory Hospital: Ranked in the top 50 hospitals nationally in six specialties.
Centers for Disease Control: Headquarters for the federal agency with a $7 billion annual budget. $5.7 billion granted to public health programs and research around the world.
ACCESS TO MORE PEOPLE WITH HIGHER EDUCATION BETTER THAN OTHER MAJOR ATLANTA JOB CENTERS
| JOB CENTER | POPULATION | COLLEGE-EDUCATED |
|---|---|---|
| Decatur | 1,209,668 | 520,399 |
| Atlanta CBD | 1,087,120 | 493,552 |
| Midtown, Atl | 976,080 | 498,191 |
| Cumberland | 659,212 | 401,394 |
| Perimeter | 810,925 | 460,605 |
Study area: 30-minute drive of the center point of each area
Source: Atlanta Regional Commission
