Pike Center Business Park


Avistone’s Pike Center Business Park

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Investment Summary

Avistone presents Pike Center, a three-building, 96,315 SF multi-tenant shallow bay industrial business park in the I-85 North Corridor of Atlanta, one of the Southeast’s most connected and fastest-growing industrial hubs. Built in 1988 and 96.4% leased to 26 tenants, the property provides stable in-place cash flow with five-year historical occupancy above 95% and no tenant exceeding 10% of total space.

With strong market fundamentals, limited shallow-bay supply, and opportunities to enhance performance through three make-ready suites, targeted capital upgrades, and operational efficiencies, Pike Center is well-positioned to deliver consistent income and long-term value for 1031 exchange investors.

Receive Avistone’s Pike Center Investment Summary

Receive Avistone’s Pike Center Investment Summary

Prime Atlanta Location

Located in the I-85 North Corridor — a 200M+ SF industrial hub and one of the Southeast’s most active submarkets — Pike Center offers unmatched connectivity to I-85, SR-316, and the broader Atlanta logistics network.

Strong In-Place Cash Flow

96.4% leased to 26 tenants across healthcare, government, fitness, and professional services industries, providing immediate cash flow and stable income diversification.

Operational and Value-Add Upside

Avistone will capture uncaptured reimbursements and complete three make-ready suites to boost NOI, achieve full stabilization, and strengthen tenant retention.

Targeted Capital Program

Accent painting, landscaping enhancements, and truck court repaving will enhance the park’s appearance, boost tenant retention, and support long-term competitiveness.

  • Acquire the property at ~30% below replacement cost in the high-growth I-85 North Corridor.
  • Complete three make-ready suites and execute light capital upgrades to enhance leasing appeal and operational performance.
  • Implement Avistone’s in-house property management platform to capture missed reimbursements, reduce expenses, and improve tenant retention.
  • Maintain leasing momentum through a top-tier Atlanta-based brokerage team focused on flex/industrial assets.
  • Leverage stable in-place occupancy and operational improvements to deliver consistent cash flow and long-term appreciation for investors.
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