555 Research Drive is the ideal industrial building situated on a 22.67-acre parcel. Ringing in at an impressive 170,500 square feet (310'W x 550'L), the asset is spacious and capable of housing an array of end users. The property benefits from its location in a LERTA zone which allows for real estate taxes on improvements to be 100% abated for 10 years. There are several industrial amenities available on site including 38'2" approximate clear structural height at the first column from the loading dock wall, 7" reinforced concrete floors, 50' x 50' column spacing with 60' at the loading bay, (25) 9' x 10' vertical lift dock doors with vision kits and 40,000 LB mechanical levelers and one (1) 12' x 14' drive-in door with a concrete ramp. The building has 3' x 6' clerestory windows and LED lighting in the warehouse. Other utilities include ESFR fire protection, energy-efficient, roof-mounted Cambridge direct-fire units, and up to 4000 Amps of power. There is room on site to park 143 vehicles expandable to 257 vehicles and 46 trailers.
A part of CenterPoint Commerce & Trade Park East, the property is positioned in a strategic location. CenterPoint is less than one mile from I-81 and I-476 and less than 10 minutes from the Wilkes-Barre/Scranton Airport. FedEx Ground and UPS are less than five minutes from the building providing an unmatched level of convenience for renters. Pittston Township benefits from a strong area workforce specializing in industrial. There are over 14,900 employees working in goods-producing services within a 10-mile radius of 555 Research Drive.
Pittston Township is situated in the I-81 corridor. Pennsylvania's I-81 Corridor was built in the 1960s and 1970s to connect major industrial centers and cities along the Eastern seaboard, facilitate the movement of goods, and promote economic growth. This remains true today, as the Scranton Market has become among the Northeast's most critical locations for the transit of goods.