2150 Park Dr Hazleton, PA 18202

Property Details for 2150 Park Dr

Year built

2019

Lot size

16.98 lot acres

Property size

69,300 SF

Property type

Warehouses

Property subtype

Industrial properties

Description

This exceptional investment opportunity encompasses a 69,300-square-foot Class A industrial warehouse in Hazleton, Pennsylvania's Humboldt Industrial Park. The single-story building, constructed in 2019, is currently leased to Amazon under a 10-year agreement with renewal options. Features include 32-foot ceilings, 50' x 58' column spacing, six 9'x9' overhead dock high doors, and two 10'x14' drive-in doors. Ample parking is provided with 344 car spaces, 253 van spaces, and 8 handicap spaces, along with two overhead canopies for van loading and 153 EV charging stations currently being installed. The building meets FDA standards and boasts a high-performance protective finish resistant to deterioration. The 16.98-acre lot (APN: 26-U6S4-001-016-000) offers significant potential. Adjacent is a 21.53-acre parcel approved for build-to-suit development, potentially expanding to 80,000 square feet (63,000 SF approved). Proposed parking for this expansion includes 392 car spaces, 140 van spaces, and 70 trailer spaces. The property's location within a Federal Qualified Opportunity Zone (QOZ) provides significant tax advantages. Humboldt Industrial Park offers robust infrastructure, including water, sewer, natural gas, and electrical service provided by major utilities. The park's strategic location provides easy access to Routes 924, I-81, and I-80, and is home to established businesses such as AutoZone, Cargill Cocoa & Chocolate, and Independent Trading Company. This property presents a compelling combination of immediate income and future development potential.

Location Insight

City

Hazleton

County

Luzerne

State

Pennsylvania

Longitude

-76.0387

Latitude

40.952