NEW 170,500 SF Industrial Building w/ Tax Abatement

535-555 Research Drive
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

call icon Contact

Bob Besecker, Jim Hilsher, Bill Jones
570-823-1100

Make an Inquiry