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Industrial Building in CenterPoint Park
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555 Research Drive, Pittston, PA 18640

170,500 SF industrial building for lease in Pittston, PA.

Space Size170,500 SF
Days on Market968

Property Features for 555 Research Drive

General Information

Standard status Active
Size 170,500 SF
Class A
Total Parking Spaces 247
Property subtype Industrial

Building Details

Building Size 170,500 SF
Year Built 2024
Tenancy Multiple

Spaces For Lease

at 555 Research Drive Contact us

170,500 SF Industrial Space on I-81

Size
170,500 SF
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: Dec 29, 2023 Changed: Aug 8 Last Checked: Aug 21 at 8:52PM

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.

An industrial building encompassing 170,500 square feet is currently under construction within CenterPoint Commerce & Trade Park East, situated in Pittston Township, Luzerne County, Pennsylvania. The location offers convenient access to I-81, I-476, the airport, FedEx, and UPS facilities. The building can be subdivided to offer spaces of 85,250 square feet. The property is located within a LERTA zone, providing a 100% abatement on real estate taxes for improvements.

Key Highlights

  • LERTA zone: 100% real estate tax abatement on improvements.
  • 170,500 SF industrial building (divisible to 85,250 SF) under construction.**
  • Excellent location near I‑81, I‑476, Airport, FedEx, and UPS.

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

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 - 170,500 SF industrial building for lease in Pittston, PA.
Where is this warehouse located?
The property is located at 555 Research Drive Pittston, PA.
What are key features of this property?
This property features: LERTA zone: **100% real estate tax abatement on improvements.**; 170,500 SF industrial building (divisible to 85,250 SF) under construction.**; Excellent location near I‑81, I‑476, Airport, FedEx, and UPS.
(570) 823-1100 Call to check price and availability
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