801 Grow Avenue, Montrose, PA 18801

Other
NZD $3,424,349
USD $1,900,000
Published on: 17 Apr 2025
Last updated on: 18 Oct 2026
801 Grow Avenue, Montrose, PA 18801
801 Grow Avenue, Montrose, PA 18801
801 Grow Avenue, Montrose, PA 18801
+10
801 Grow Avenue, Montrose, PA 18801
  • 10
Property ID: 110098777176
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Commercial Sale, Montrose, PA

801 Grow Avenue, Montrose, PA 18801
This is a rare opportunity to acquire a corporate-guaranteed, absolute NNN Rite Aid lease with no landlord responsibilities. The tenant covers all expenses, including property taxes, insurance, maintenance, and repairs, ensuring truly passive income. The lease features 5 years remaining on the initial term plus six 5-year renewal options, providing potential for 35+ years of stable cash flow. Rent increases are built in at approximately 3.6 percent per renewal period, offering inflation protection.The property is strategically located at the high-traffic intersection of Grove Avenue (PA Route 706) and Route 29 in Montrose, PA, ensuring strong visibility and long-term tenant viability. Rite Aid is a well-established national pharmacy chain, adding further security to this investment.Ideal for buyers seeking a low-maintenance, long-term NNN asset with corporate credit backing and future upside through extension options. Full financials and lease details are available upon request.

Property Details

Basic Info

Property Type
Other
Listing Status
Active
Land Size
7,810.44 m2
Building Size
1,363.17 m2
Year Built
2010
Num Floors
1
County
Susquehanna
Parcel ID
124.11-1,006.00,000.
Provider
Greater Scranton Board of Realtors MLS
Brokerage Office Name
ERA One Source Realty
Brokerage Office Phone
(570) 587-9999
Address
801 Grow Avenue, Montrose, PA 18801

Tax History

YearTax amount
2024USD $26602NZD $47,944*

*Converted price in your currency provided by Open Exchange Rates. Exchange rates are subject to continuous change. Neither realestate.co.nz nor its affiliates guarantee that the conversion reflects current conversion rates and are not responsible for any inaccuracies. realestate.co.nz recommends that you independently verify any information before relying on it.

Contact Agent
Jacob W. Rosenstein
ERA One Source Realty
230 Northern Blvd. , Clarks Summit, PA 18411
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Jacob W. Rosenstein
230 Northern Blvd. , Clarks Summit, PA 18411
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      Property ID: 110098777176

      Original Property ID: 3yd-GSBRPA-SC251693
      Data provided by Greater Scranton Board of Realtors MLS, MLS #: SC251693
      * THIS SERVICE MAY CONTAIN TRANSLATIONS POWERED BY GOOGLE. GOOGLE DISCLAIMS ALL WARRANTIES RELATED TO THE TRANSLATIONS, EXPRESS OR IMPLIED, INCLUDING ANY WARRANTIES OF ACCURACY, RELIABILITY, AND ANY IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE AND NONINFRINGEMENT.
      Copyright © 2026 Greater Scranton Board of Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.