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Industrial Facility in CenterPoint Park
For Lease
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460 Research Drive, Pittston, PA 18640

Class A industrial space available for lease in Pittston.

Space SizeContact for details
Property Size702,000 SF
Lot Size92.99 Acres
Days on Market1031

Property Features for 460 Research Drive

General Information

Standard status Active
Size 702,000 SF
Class A
Total Parking Spaces 190
Lot size 92.99 Acres
Property subtype Industrial
Lease Type NNN

Building Details

Building Size 702,000 SF
Year Built 2020
Tenancy Multiple

Spaces For Lease

at 460 Research Drive Contact us

Space 1

Type
Industrial
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: Mericle Commercial Real Estate Services
Listed By: Bob Besecker · License #PA RM051447A
Source: Crexi
Added: Nov 6, 2023 Changed: Aug 24 Last Checked: Aug 31 at 2:28AM

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 Mericle Commercial Real Estate Services

Investment Insights

Based on property information with market context.

Available for lease is 182,122 square feet of space within a 702,000-square-foot Class A industrial facility located at 460-480 Research Drive in Pittston Township, Pennsylvania. Situated on 92.99 acres within CenterPoint Commerce and Trade Park East, the property offers parking for 190 vehicles and 236 trailers. The building features a ceiling clear height of 35'4" at the first column from the loading dock wall, increasing to 41 feet, 6 inches at the building ridge. It includes (34) 9' x 10' loading doors, 200' loading courts, and two 12' x 14' drive-in doors. The bay spacing is 50' x 50' with 60' deep staging bays at both loading walls, and the facility incorporates clerestory windows and 7" concrete floors. Utility provisions include 1 million gallons of water per day, 4000 Amps with switchgear in hand for an expedited upgrade to 12,000 Amps, and a 24,000 scfh capacity expandable to 30,000 scfh, along with a redundant fiber network. The fiber optic service extends from the facility MDF room to ten remote IDF locations throughout the warehouse, each served by two separate six-strand multimode fiber optic cables for redundancy. Located within a Local Economic Revitalization Tax Assistance (LERTA) zone, the property offers 100% real estate tax abatement on improvements through January 31, 2031. CenterPoint Commerce and Trade Park is located less than a half mile from Interstates 81 and 476. FedEx Ground and UPS are located within adjacent business parks, and the Wilkes-Barre Scranton International Airport is 3.5 miles away. The surrounding area has more than 705,000 residents living within 30 miles. The location provides access to interstate highways and Route 315, with New York City, Philadelphia, and Harrisburg within a two-hour drive.

Key Highlights

  • Enjoy tax savings with 100% real estate tax abatement on improvements through January 31, 2031, thanks to the LERTA zone location.
  • Benefit from high utility capacity, including 1 million gallons of water per day and significant power upgradability.
  • Strategic location with immediate access to I‑81 and I‑476, and close proximity to transportation hubs.

Property Analytics

Current Use

Warehouses

Suggested Use

Top Pick Parking Lot & Garage Auto Repair Shop Auto Parts Store Big Box & Wholesale Store (Bike/Boat/Book/etc) Store Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$1.18 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

30
Businesses Nearby

Demographics for 18640, PA

16,351
Population
8,036
Households
2
Avg Household Size
46
Median Age
25%
College-Educated
94%
High-School Grad
27.9 sq mi
ZIP Area
586
Density / Sq Mi
$57,358
Median Household Income
$39,733
Median Earnings
$890
Median Rent
$135,200
Median Home Value

Market

Vacancy Rate% for Industrial in Northeast region

5.4% 2019
4.6% 2020
3.2% 2021
3.3% 2022
5.3% 2023
6.6% 2024
7.6% 2025
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Frequently Asked Questions

What type of property is this?
Warehouse - Class A industrial space available for lease in Pittston.
Where is this warehouse located?
The property is located at 460 Research Drive Pittston, PA.
What is the lease rate?
The lease rate is $7.85 SF/Yr.
What are key features of this property?
This property features: Enjoy tax savings with 100% real estate tax abatement on improvements through January 31, 2031, thanks to the LERTA zone location.; Benefit from high utility capacity, including 1 million gallons of water per day and significant power upgradability.; Strategic location with immediate access to I‑81 and I‑476, and close proximity to transportation hubs.
(570) 823-1100 Call to check price and availability
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