NEW 170,500 SF Industrial Building w/ Tax Abatement
535-555 Research Drive
Pittston Township, PA 18640
Pittston Township, PA 18640
Summary
555 Research Drive is the ideal industrial building situated on a 22.67-acre parcel. Ringing in at an impressive 170,500 square feet (310'W x 550'L), the asset is spacious and capable of housing an array of end users. The property benefits from its location in a LERTA zone which allows for real estate taxes on improvements to be 100% abated for 10 years. There are several industrial amenities available on site including 39'6" average structural clear height, 7" reinforced concrete floors, 50' x 50' column spacing with 60' at the loading bay, (25) 9' x 10' vertical lift dock doors with vision kits and 40,000 LB mechanical levelers and one (1) 12' x 14' drive-in door with a concrete ramp. The building has 3' x 6' clerestory windows and LED lighting in the warehouse. Other utilities include ESFR fire protection, energy-efficient, roof-mounted Cambridge direct-fire units, and up to 4000 Amps of power. There is room on site to park 143 vehicles expandable to 257 vehicles and 46 trailers.
Property Details
Overview
| Land (Acres) | 22.67 |
|---|---|
| Site Topography | Generally Level |
| Building Class | A |
| Primary Use | Industrial |
| Year Built | 2023-2024 |
| Construction Status | Under Construction |
Dimensions
| Building Dimensions (L x W) | 550' x 310' |
|---|---|
| Building (SF) | 170,500 |
Construction
| Floor | 7" |
|---|---|
| Exterior Wall | Butler, Shadowall metal wall panel system with insulation |
| Entrance Facade | Architectural (split-face or ground face) masonry |
| Roof | Butler, MR24 standing seam metal roof system, insulated |
Space Details
Availability
| Date | 2024-05-01 |
|---|---|
| Min SF | 31,000 |
| Max SF | 170,500 |
| # of Floors | 1 |
Clear Height
| Warehouse Area Ceiling | 39'6" average structural clear height |
|---|
Dimensions
| Aprox. Overall Dimensions (L x W) | 550' x 310' |
|---|---|
| Typical Column Spacing (L x W) | 50' x 50' with 60' at the speed bay |
Loading
| Configuration | Single Sided Loading |
|---|---|
| Staging Bay Depth | 60' |
| # of Existing Dock Positions | 25 |
| Dock Equipment | 9' x 10' vertical lift insulated steel dock door |
| # of Existing Drive-In Doors | 1 |
|---|---|
| Drive-In Access | Ramp access |
| Loading Dock Apron | 60' deep, 8" thick, reinforced concrete |
| Trailer Court Depth | 180' |
Building Systems
Warehouse
| Lighting | LED, high efficiency, DLC listed, high bay fixtures |
|---|---|
| Heating | Cambridge, high efficiency, roof mounted, direct gas fired, space heater(s) |
| Fire Protection | ESFR (Early Suppression, Fast Response) high volume wet pipe sprinkler system |
Utilities
| Electrical Service | 480/277V, 3P |
|---|---|
| Electrical Service Amperage Available | Multiples of 4,000 Amps |
| Electrical Service Provider | PPL Electric Utilities |
| Sanitary Sewer Service | Gravity main and lateral(s) system |
| Sanitary Sewer Service Provider | Lower Lackawanna Valley Sanitary Authority |
| Telecommunications Service | Copper;Fiber |
| Telecommunications Service Providers | Comcast;Frontier Communications;Level 3 Communications;Verizon |
| Water Service | Domestic and Fire Protection Service(s) provided |
| Water Service Provider | Pennsylvania American Water Company |
| Gas Service | Intermediate pressure main, pressure regulated as required |
| Gas Service Provider | UGI Utilities, Inc. |
Parking
| # of Existing Vehicular Spaces | 143 |
|---|---|
| # of Additional Vehicular Spaces | 104 |
| # of Existing Trailer Spaces | 46 |
| Concrete Dolly Pads Provided | Yes |
|---|
Terms
| Transaction Type | Lease |
|---|---|
| Lease Type | NNN |
| Rental Rate Type | $/SF/Year |
Location & Access
Description
A part of CenterPoint Commerce & Trade Park East, the property is positioned in a strategic location. CenterPoint is less than one mile from I-81 and I-476 and less than 10 minutes from the Wilkes-Barre/Scranton Airport. FedEx Ground and UPS are less than five minutes from the building providing an unmatched level of convenience for renters. Pittston Township benefits from a strong area workforce specializing in industrial. There are over 14,900 employees working in goods-producing services within a 10-mile radius of 555 Research Drive.
Highlights
Property Near
I-81 & I-476
Property Access
Take Exit 175 (Pittston/Route 315 North). Make the first right just before the auto dealership.
General
Business Park
CenterPoint Commerce & Trade Park East
County
Luzerne
Market
PA-Wilkes-Barre/Scranton
Submarket
Pittston
Contact
Bob Besecker, Jim Hilsher, Bill Jones
570-823-1100
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