Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    175 Patriot Drive Pittston, PA 18640

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    249,750 SF food grade facility for sublease in Pittston.

    Type:Industrial
    Property size:
    249,750 SF
    Added:
    Mar 25, 2026
    Days on Market:
    10
    Last Refresh:
    Mar 16 at 10:31 am

    Property Features for 175 Patriot Drive

    General Information

    Standard status
    Active
    Size
    249,750 SF
    Property subtype
    Industrial

    We can help!

    Listing Contact
    William Wolf

    Listing agent William Wolf License #PA, NJ

    Listing office

    Listing date Mar 25, 2026

    Source Cbre

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of William Wolf

    Overview

    Food Grade Distribution Facility

    This is a 249,750 square foot food grade distribution facility available for sublease. The property features 71 dock doors equipped with seals, locks, and hydraulic levelers, as well as one drive-in door. There are 100 parking spaces available for cars and 165 trailer parking spaces, with the potential for expansion. The building offers a clear height of 33 feet. Located in Pittston, Pennsylvania, the facility is situated minutes from I-476 and I-81, providing convenient access to transportation routes. The location benefits from strong nearby labor markets in Scranton and Wilkes-Barre.
    Location Intelligence

    Current Use by Public Records

    Distribution centers

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Pittston
    County
    Luzerne
    State
    Pennsylvania
    Longitude
    -75.7399
    Latitude
    41.2973

    Nearby Similar for Lease

    • Contact for pricing

      Pittston Commercial Storage Space

      Dry storage space with offices in historic downtown building.
      2 S Main Street, Pittston, PA 18640
      View Details
    • Contact for pricing

      Office Space in Pittston Township

      Bright office space available immediately off Route 315.
      400 Route 315 unit: F, Pittston, PA 18640
      View Details
    • Contact for pricing

      Unique Commercial Space in Pittston

      Revitalized downtown space with modern upgrades and industrial charm.
      129 N Main Street, Pittston, PA 18640
      View Details
    • $1.00/mo

      Downtown Pittston Commercial Space Available

      Versatile commercial space in downtown Pittston, suitable for various businesses.
      32 N Main Street, Pittston, PA 18640
      View Details
    • Contact for pricing

      Historic Landmark Building in Pittston

      Iconic, modernized commercial space in downtown Pittston available for lease.
      2 S Main Street, Pittston, PA 18640
      View Details
    • Contact for pricing

      Pittston Warehouse with Large Lot

      17,400 SF warehouse with drive-in doors and high ceilings.
      703 South Township Boulevard, Pittston, PA, 18640
      View Details
    • Contact for pricing

      Downtown Pittston Retail/Office Space

      Versatile space in revitalizing downtown Pittston, suitable for various businesses.
      32 N Main St, Pittston, PA 18640
      View Details
    • Contact for pricing

      Pittston Distribution Warehouse for Lease

      144,000 SF distribution warehouse with cross-dock configuration available for lease.
      125 Capital Rd, Pittston, PA
      View Details
    • Contact for pricing

      Retail Space in Pittston

      Retail property available for lease in Pittston, Pennsylvania.
      Laurel St, Pittston, PA
      View Details
    • Contact for pricing

      Beverage Manufacturing Facility with Expansion

      403,000 SF manufacturing facility on 58.45 acres for rent.
      Armstrong Rd, Pittston, PA
      View Details
    • Contact for pricing

      New Industrial Flex Space Available

      67,821 SF industrial/flex space for lease in Pittston, PA.
      147 Commonwealth Dr, Pittston, PA
      View Details
    • Contact for pricing

      Industrial Space Under Construction

      86,916 SF industrial space available for rent in 2Q25.
      250 Enterprise Way, Pittston, PA
      View Details

    FAQs

    What type of property is this?
    Distribution center - 249,750 SF food grade facility for sublease in Pittston.
    Where is this distribution center located?
    The property is located at 175 Patriot Drive Pittston, PA.
    What are key features of this property?
    This property features: ±249,750 SF Food Grade Facility; Boasts **71 dock doors with seals, locks, and hydraulic levelers**; Features a **33' clear height**
    We can help!
    Listing Contact
    William Wolf
    Real Estate License ID: PA, NJ
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!