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Property profile

0 Undefined Pa Wilkes-Barre, PA 18706

OFF-MARKET
Industrial properties
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136,500 SF 12 ac lot Built 2023

Property summary

AI-generated overview

This newly constructed, 136,500-square-foot Class A industrial/flex building in Luzerne County, PA, offers exceptional features. Situated on 12 acres within CenterPoint Commerce & Trade Park South, it boasts a 34'8" ceiling height, 18 loading docks, one drive-in door, and a 190' deep truck court. The building is divisible to 68,250 square feet, providing flexibility for various business needs. Amenities include energy-efficient LED lighting and heating, ESFR fire protection, and ample parking for 139 vehicles, plus on-site trailer storage for 48 units. Located just five miles from Wilkes-Barre and six miles from Pittston, with easy access to I-81 via Route 309, this property benefits from a 10-year, 100% real estate tax abatement (LERTA zone). The building's design includes clerestory windows, 50' x 50' column spacing (60' at the loading bay), and an 8" thick reinforced concrete floor. The site features professionally landscaped grounds and extensive paved areas. This exceptional property presents a unique opportunity for businesses seeking modern, efficient, and strategically located industrial space. Subdivision is possible. Power is available up to 4000 amps.

Property profile

Verified
Property type Industrial properties
Year built 2023
Total area 136,500 SF
Lot 12 ac (522,720 SF)

Cap rate & NOI

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Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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