Property
$2,600,0001.93 Acres14,673 sq ft
For Sale
For Sale
$2,600,0001.93 Acres
For Sale
14,673 sq ft

801 Grow Avenue, Montrose, PA 18801 - Susquehanna County

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Property ID 23224184

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SINGLE_FAMILY - Montrose, PA

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.

Copyright © 2025 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.

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ERA One Source Realty

License #RS369738

Clarks Summit, PA

(570) 955-7338
Listing provided by
Jacob W. Rosenstein
ERA One Source Realty(570) 587-9999
Source: ListHub, MLS# SC251693
Listing status: Active
Listing last updated: November 20, 2025 at 12:48 PM
Listing last checked: December 11, 2025 at 3:30 PM
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Jacob W. Rosenstein

ERA One Source Realty
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Jacob W. Rosenstein

ERA One Source Realty